Slide 1: FirstWave: Network Management and Cybersecurity Software
FirstWave (ASX:FCT) For personal use only Network Management and Cybersecurity Software Blue Chip Global Clients Coffee Microcaps | December 2024
Slide 2: Our Tech
Our Tech • FirstWave has significant IP in highly scalable software we For personal use only develop and market for Cybersecurity, IT Audit and Network Management. • Two leading “freemium” open-source products (NMIS and Open- AudIT) used by over 150,000 organisations in 178 countries. • Global reach
Slide 3: Our Team
Our Team For personal use only John Grant Danny Maher Daniel Friel Iain Bartram Non-Executive Chairman CEO & Managing Director Non-Executive Director CFO & Company Secretary Extensive career spanning A major FCT shareholder US-based technology and A strategic CFO with multi- technology, engineering
Slide 4: Investment Highlights
Investment Highlights Multi-year organisational transformation completed. For personal use only Cash usage significantly reduced – Q1 cashflow positive. Tightly held stock. Globally competitive products with high value to tier-one clients (e.g. NASA, Microsoft, Telstra, Telmex). Operating in high-gr
Slide 5: A Handful of Our Global Customers
A Handful of Our Global Customers For personal use only 5
Slide 6: Recent Achievements
Recent Achievements • Board renewal including appointing USA-based technology executive Daniel Friel as a Non-Executive Director. Daniel Friel is an industry For personal use only leader and exceptionally well connected. Daniel founded the Bank of America’s Technology Investment fund which identifie
Slide 7: Strategic Objectives
Strategic Objectives For personal use only Sales-led culture Grow faster Be capital efficient 7
Slide 8: Our Advantages
Industry leading software in growing markets – both Cloud and On Premise For personal use only Major channels are service providers – telecommunications companies and managed service providers The service providers run our software and often combine it with further services to on sell to their clien
Slide 9: Progression of Network Management
Progression of Network Management Evolution 4 For personal use only The ability to manage multiple devices and hybrid networks (including IoT and cloud environments) at high Built by users for their scale becomes mainstream / enterprise critical. Scalability environment, their devices, and flexibili
Slide 10: Current Capital Structure
Current Capital Structure • A tightly held stock with supportive investors For personal use only • >80% with 6 key groups: • Morgans • Danny Maher • Opmantek Shareholders • Perennial Value • Roger Allen • Bell Potter • Very difficult to get exposure to Cybersecurity and Network Management investment
Slide 11: Q1 Cashflow Highlights
Q1 Cashflow Highlights Monthly Cash Usage Without New Sales (AUD $000’s) • Q1 was a cash flow neutral/positive quarter. 700 For personal use only 650 • Encouraging cashflow result reflects: 600 • Benefit of operational savings and synergies 550 implemented in FY24. 500 • Receipt of Microsoft and Aus
Slide 12: FY25 Outlook
FY25 Outlook For personal use only • The business will continue to benefit from significant transformation over last 18 months. • Strong pipeline of new opportunities across LATAM, North America and ANZ. • We continue to see increasing opportunities for sales to existing clients and partners. • Cash
Slide 13: Thank you
Thank you Questions For personal use only For more information: connect@firstwave.com www.firstwave.com