Batm Advanced Communications Ltd. · LSE:BVC
Batm Advanced Communications — H1 2024 Earnings Presentation
15 slides from Batm Advanced Communications's earnings presentation, August 2024
Slide 1: Interim Results 2024
Interim Results 2024 Moti Nagar, CEO Ran Noy, CFO August 2024
Slide 2: Disclaimer
Disclaimer The information contained in this document has largely been extracted from the announcement of the Company’s interim results for the period ended 30 June 2024. The information contained in this document has not been independently verified and no representation or warranty, express or impl
Slide 3: H1 2024 Highlights
H1 2024 Highlights SUCCESSFULLY IMPLEMENTED ACTIVELY EXPLORED POTENTIAL M&A OPERATIONAL IMPROVEMENTS TO ALIGN AND DIVESTMENT OPPORTUNITIES BUSINESS WITH NEW STRATEGIC VISION STRONG BALANCE SHEET WITH $32.6M IN CASH AND SHORT- TERM INVESTMENTS SOLID PERFORMANCE DELIVERING OUTSTANDING PERFORMANCE OF C
Slide 4: Financial Review
Financial Review RAN NOY CFO 4 © 2024 BATM BATM H1 2024 Results CONFIDENTIAL
Slide 5: Financial Summary
Financial Summary REVENUE GROSS MARGIN OPERATING PROFIT $60.0m 31.1% $1.5m (H1 2023: $60.2m) (H1 2023: 34.9%) (H1 2023: $0.6m) CASH USED IN OPERATING CASH AND SHORT-TERM EBITDA ACTIVITIES INVESTMENTS* $4.3m $5.3m $32.6m (H1 2023: $3.1m) (H1 2023: $0.5m from) (31 December 2023: $40.8m) * Short-term i
Slide 6: Cyber Business
Cyber Business Adjusted ($m) H1 2024 H1 2023 CYBER DIVISION Revenues 8.3 1.7 H1 2023 H1 2024 Cost of sales 4.9 0.4 9.0 8.3 Gross profit 3.4 1.3 8.0 Gross margin 40.4% 75.6% 7.0 6.0 Operating expenses 0.9 1.3 US$ millions 5.0 EBITDA 2.6 0.0 4.0 3.4 3.0 2.6 2.0 1.7 Substantial growth as the business d
Slide 7: Networking Business
Networking Business Adjusted ($m) H1 2024 H1 2023 NETWORKING DIVISION Revenues 6.0 11.6 H1 2023 H1 2024 Cost of sales 3.3 6.1 14.0 Gross profit 2.6 5.5 12.0 11.6 Gross margin 43.4% 47.3% 10.0 Operating expenses 3.8 4.8 8.0 US$ millions 6.0 5.5 6.0 EBITDA (0.9) 1.1 4.0 2.6 2.0 1.1 Results primarily r
Slide 8: Diagnostics Business
Diagnostics Business Adjusted ($m) H1 2024 H1 2023 DIAGNOSTICS DIVISION Revenues 17.0 15.8 H1 2023 H1 2024 Cost of sales 12.3 10.6 18.0 17.0 15.8 Gross profit 4.7 5.2 16.0 Gross margin 27.8% 32.8% 14.0 12.0 Operating expenses 4.4 4.9 US$ millions 10.0 EBITDA 1.2 1.2 8.0 6.0 5.2 4.7 Revenue driven by
Slide 9: Cash Management
Cash Management CASH AND SHORT-TERM INVESTMENTS ($M) 40.8 0.4 1.1 1.7 9.0 4.5 0.7 0.6 32.6 9 © 2024 BATM BATM H1 2024 Results CONFIDENTIAL
Slide 10: Business Review
Business Review MOTI NAGAR CEO 10 © 2024 BATM BATM H1 2024 Results CONFIDENTIAL
Slide 11: Cyber Business
Cyber Business Substantial growth and signing of landmark agreement for commercial markets LEADING ENCRYPTION PRODUCTS WITH UNIQUE CAPABILITIES SIGNIFICANT GROWTH OPPORTUNITY IN COMMERCIAL MARKETS POWERFUL BRAND ENDORSEMENT: STRATEGIC ENCRYPTION PROVIDER FOR LARGE GOVERNMENT CLIENTS REVENUE MORE THA
Slide 12: Networking Business
Networking Business Important agreements in edge computing – growing and groundbreaking market EDGILITY CARRIER ETHERNET HIGHLY INNOVATIVE AND AGILE SOLUTION STRONG INSTALLED BASE ADDRESSES THE CHALLENGES OF EDGE COMPUTING EXTENSIVE NETWORK EXPERIENCE RAPIDLY GROWING MARKET LARGE, STABLE AND GROWING
Slide 13: Diagnostics Business
Diagnostics Business Revenue growth driven by customer base expansion HIGH-CAPACITY FACILITIES IN EUROPE EXISTING REGISTERED LICENCES SUBSTANTIAL AND GROWING MARKET PATENTED TECHNOLOGY WITH GROUNDBREAKING POTENTIAL STRONG KNOWLEDGE BASE AND ESTABLISHED PARTNERSHIPS EXPANSION OF CUSTOMER BASE FOR DIS
Slide 14: Outlook
Outlook Continued strategic execution focusing on core activities CONTINUING TO ACTIVELY PURSUE M&A AND DISPOSAL SIGNIFICANT BACKLOG IN CYBER AND FOCUSED ON OPPORTUNITIES TO ACCELERATE EXECUTION OF GROWTH DEVELOPMENT OF NEW COMMERCIAL ENCRYPTION PRODUCT STRATEGY LAUNCH FURTHER GROWTH IN DIAGNOSTICS
Slide 15: Slide 15
BATM Advanced Communications — H1 2024 Earnings Presentation on 6ix