Vection Technologies Ltd. · ASX:VR1
Vection Technologies — FY2024 Earnings Presentation
34 slides from Vection Technologies's earnings presentation, Oct 1, 2024
Slide 1: FY24 Results & Outlook
For personal use only FY24 Results & Outlook
Slide 2: Next-Level XR: Vection's AI-Powered Evolution
Next-Level XR: Vection’s AI-Powered Evolution Originating in XR technology, For personal use only Vection has expanded to include hardware, IoT, and 3D services. The company is poised for its next growth phase through Vection is a technology AI. AI enhances Vection’s product company that enhances of
Slide 3: FY24 highlights
FY24 highlights For personal use only Delivered 30% YoY revenue growth to $34m. YoY net cash from operating activities up 114% to $1m. Global customers, including Coca Cola, Ferrero, and more. Strategic acquisitions of Invrsion, MYR and TDB to power XR + AI. Strong R&D focus to lead XR + AI innovati
Slide 4: FY24 strong revenue growth
FY24 strong revenue growth $50 For personal use only Millions $44m Highlights: $45 • FY24 total revenue of $34m. $40 $35 $34m • 30% YoY revenue growth. $30 • Pro-forma FY24 revenue of $44m, including the proposed acquisition of $25 TDB. $20 $15 $10 $5 $0 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Vection TD
Slide 5: FY24 strong EBITDA growth
FY24 strong EBITDA growth 2024 2023 Change For personal use only Highlights: $ '000 $ '000 % Loss before income tax expense (9,663) (10,968) (12) • 34% YoY EBITDA growth. Add: depreciation and amortization expense 2,331 1,217 92 • 34% YoY underlying EBITDA growth. Add: finance costs 976 240 307 Less
Slide 6: FY24 Financial Review
For personal use only FY24 Financial Review 6 | Vection Technologies’ Copyright
Slide 7: FY24 results
FY24 results L 2024 Highlights: $ '000 For personal use only Revenue 32,828 • Total revenue grew to $34 m. Other income 1,438 • 30% YoY revenue growth. Interest revenue 25 • EPS increased by 64% YoY to $0.875, Expenses from $(2.399) Changes in inventories 341 Variable cost of sales (24,634) • Total
Slide 8: FY24 results
FY24 results Highlights: For personal use only L 2024 • Total current assets: $23.8m. $ '000 Current assets • Following the period's end, the Company Cash and cash equivalents 7,602 raised $2m via a placement. Trade and other receivables 14,905 Inventories 1,339 • Current liabilities include expense
Slide 9: FY24 results
FY24 results For personal use only L 2024 Highlights: $ '000 • Total non-current assets: $22m. Non-current assets Intangibles assets 21,638 • Other financial liabilities of $5.6, are Property, plant and equipment 536 non-cash in nature and related to the Right-of-use assets 135 potential share-based
Slide 10: FY24 results
FY24 results L 2024 $ '000 For personal use only Highlights: Cash flows from operating activities Receipts from customers (inclusive of GST) 36,201 • Net cash from operating activities of 1, Net cash from/(used in) operating activities 1,074 1m, up 112% YoY (FY23: $(7)m) Cash flows from investing ac
Slide 11: Technology & Outlook
For personal use only Technology & Outlook 11 | Vection Technologies’ Copyright
Slide 12: Why AI and Spatial Computing?
Why AI and Spatial Computing? INFORMATION For personal use only Real-World Data, Data, Images, Text, Video, Pixels, Voxels, Wearer Data, Digital Assets, etc. AI and Spatial Computing are pivotal in transforming how businesses interact with digital information and the physical world. SMART XR CONNECT
Slide 13: Vection's High Growing Sector
Vection’s High Growing Sector GLOBAL STATISTICS For personal use only Market Value (2022) CAGR (2023-2032) $ 105.9 BN > 19 % Spatial Computing is rapidly growing as Market Value (2032) industries recognize its potential to revolutionise $ 560.9 BN interactions between humans and digital data. SEGMEN
Slide 14: Vection's Ecosystem
Vection’s Ecosystem For personal use only XR AI 14 | Vection Technologies’ Copyright
Slide 15: Benefits of SmartXR
Benefits of SmartXR For personal use only ENHANCED STREAMLINED SUPPORTING OPERATIONAL EFFICIENCY COST REDUCTION GREEN INITIATIVES Accelerate decision-making Minimize physical travel and Achieve sustainability goals (ESG) and optimize workflows through training expenses with virtual by minimizing res
Slide 16: SmartXR Workflow Example
SmartXR Workflow Example For personal use only Digital twin Maintenance solution Decentralized GPU Visualization through Conversational AI (i.e. Render Network) HMD (i.e. Apple Vision Pro) Vection Technologies’ Allows greener, faster Allows for a better Human-like interactions Vection Technologies’
Slide 17: Annexure – Proposed Acquisition of TDB
For personal use only Annexure – Proposed Acquisition of TDB 17 | Vection Technologies’ Copyright
Slide 18: Acquisition of The Digital Box
ACQUISITION OF THE DIGITAL BOX For personal use only Proprietary multisensory, generative artificial intelligence (“AI”) cutting-edge technology. Market-leading company recognized by Gartner as one of the top AI Avatar vendors, integrating AI technology within Vection virtual and augmented reality c
Slide 19: The Digital Box: Acquisition Rationale
The Digital Box: Acquisition Rationale Enhancing Human-Machine Interactions For personal use only • Core Vision: Use AI to improve interactions in various sectors (healthcare, real estate, manufacturing, banking, gaming, and more). • Vection's Suite of Technologies: • Not a single product • Includes
Slide 20: Transaction Overview
Transaction Overview • Vection has entered into an agreement to acquire 100% of The Digital Box Group and its interest in its three subsidiaries (QuestIT 75%, The Digital Box France 100%, The Digital For personal use only Transaction Box Inc 100% and Upmedia). • 157,014,000 VR1 ordinary shares at Se
Slide 21: About the Digital Box
About the Digital Box One of the top AI Avatar Vendors - A European-based, privately owned company founded in 2013 with 100 workforce today. For personal use only At a glance: - Market - leading natural language processing AI technology improving business processes (from virtual employees to marketi
Slide 22: The Digital Box introduces critical AI capabilities to Vection
The Digital Box introduces critical AI capabilities to Vection For personal use only • Multisensory conversational artificial intelligence. • First Digital Human capable of communicating in Italian Sign Language (LIS). • No-code platform • Proprietary technology. • Empathetic engagement. • Omnichann
Slide 23: Vection strengthens its capabilities in AI towards Spatial Computing
Via the transaction, Vection strengthens its capabilities in AI towards Spatial Computing SPATIAL COMPUTING ECO SYSTEM: For personal use only INFORMATION Real-World Data, Data, Images, Text, Video, Pixels, • AI and Spatial Computing are pivotal in Voxels, Wearer Data, Digital Assets, etc. transformi
Slide 24: Via the transaction, Vection broadens its customer portfolio
Via the transaction, Vection Technologies broadens its customer portfolio For personal use only 24 | Vection Technologies’ Copyright
Slide 25: The Digital Box Acquisition in Summary
The Digital Box Acquisition in Summary For personal use only • Highly technological complementary business with proprietary AI. Financial Summary • Transaction to accelerate evolution of human to 157m shares in upfront consideration. machine interaction via AI-powered virtual human interfaces. Up to
Slide 26: Annexure – Product Portfolio
For personal use only Annexure – Product Portfolio 26 | Vection Technologies’ Copyright
Slide 27: Product Portfolio – Design Review
Product Portfolio – Design Review DESIGN REVIEW PRODUCTS & SPACES GARMENT CUSTOMIZATION Speed up time to market in R&D: reduce the number of prototypes, Reduce time and costs in concepting and prototyping stages For personal use only errors and improve project evaluations. experimenting unlimited po
Slide 28: Product Portfolio – Project Presentation
Product Portfolio – Project Presentation DESIGN REVIEW RETAIL INDUSTRIAL REAL ESTATE Simulate the customer experience to optimize Highlight all the technical solutions and The new generation of immersive tour accelerate For personal use only the customer journey and maximize revenues. innovations ab
Slide 29: Product Portfolio – Training
Product Portfolio – Training DESIGN REVIEW TECHNICAL TRAINING SOFT SKILLS TRAINING Improve the onboarding sessions : XR Technologies makes training Simulate conversations or critical situations to prepare your employees for For personal use only sessions safer, more effective reducing logistic costs
Slide 30: Product Portfolio – Marketing & Sales
DESIGN REVIEW– Marketing & Sales Product Portfolio DESIGN REVIEW For personal use only PRODUCT EVENTS, MUSEUMS STORYTELLING & PRESENTATIONS PROJECT PRESENTATION TRAINING VIRTUAL RENDERING SHOWROOM & AUTOMATION CONFIGURATORS MARKETING & SALES OPERATIONS & LOGISTICS CUSTOMER INTERACTIVE EXPERIENCE XR
Slide 31: Product Portfolio – Marketing & Sales
Product Portfolio – Marketing & Sales DESIGN REVIEW BEST IN CLASS IN 3D ASSET DIGITALIZATION For personal use only TEXTURE PRODUCTS ENVIRONMENTS PROJECT PRESENTATION TRAINING MARKETING & SALES OPERATIONS & LOGISTICS AFTERSALES & SERVICE 31 | Vection Technologies’ Copyright
Slide 32: Product Portfolio – Ops & Logistics
Product Portfolio – Ops & Logistics DESIGN REVIEW Make faster, safer and more effective MAINTENANCE LOGISTIC training on the job reducing coaching Improve profits reducing errors, reworks and Increase the efficiency reducing picking time and For personal use only efforts. machine/plant downtime. err
Slide 33: Product Portfolio – Aftersales
Product Portfolio – Aftersales DESIGN REVIEW SMART MANUALS CUSTOMIZABLE CONVERSATIONAL & ASSISTANCE KIOSKS LINE AI PLATFORM For personal use only Improve customers support with AI-powered High quality kiosks to provide info and The customizable and integrable AI shaped to manuals and real-time Remot
Slide 34: Vection Technologies
For personal use only VECTION TECHNOLOGIES