Silynxcom Ltd. · AMEX:SYNX
Silynxcom — IPO Roadshow (January 2024)
29 slides from Silynxcom's IPO roadshow presentation, Jan 3, 2024
Slide 1: Investor Presentation January 2024
INVESTOR PRESENTATION JANUARY 2024 Filed Pursuant to Rule 433 Issuer Free Writing Prospectus Dated January 3, 2024 Relating to Preliminary Prospectus dated December 19, 2023 Registration No.333 - 275195 1
Slide 2: Free Writing Prospectus notice
This presentation highlights basic information about Silynxcom Ltd . (“Silynxcom” or the “Company”) and the offering to which this presentation relates . As this presentation is a summary, it does not contain all of the information that you should consider before investing in our securities . The Co
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation of Silynxcom contains “forward - looking statements” . Words such as “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, and similar expressions or variations of such words are intended to identify forward - looking statements . For example,
Slide 4: Offering Summary
Silynxcom Ltd. Issuer NYSE American: SYNX Listing $5,375,000 Expected Offering Size $5.00 per share Expected Price Sole Book Runner OFFERING SUMMARY 4 Over - Allotment 15% (161,250 shares) • $1.5 million for global sales and marketing expansion • $1 million R&D • $2.8 million for Working Capital and
Slide 5: In-Ear is Replacing Over-Ear
INVESTOR PRESENTATION IN - EAR IS REPLACING OVER - EAR 5
Slide 6: Investment Highlights
INVESTOR PRESENTATION Uniquely positioned in the rapidly growing market for tactical in - ear headsets, expanding into lucrative commercial markets Certified, field - tested products in operational use by tens of thousands of military and law enforcement personnel worldwide Robust unit price economi
Slide 7: Silynx at a Glance
SILYNX AT A GLANCE $150 million in cumulative revenue since 2005 300+ active customers Cumulatively cash flow positive , over the last 3 years + 6X growth in distributor network over the last 2 years 100% r evenue growth from 2020 to 2022 We expect our In - Ear headsets to rapidly replace bulky and
Slide 8: Recent Developments: Israel-Hamas War
Israeli Government declared war in response to Hamas invasion Additional orders expected Sylinx has since received orders of ~$4M from IDF and Israel Police Both for near - term supply and replenishing of inventory - RECENT DEVELOPMENTS - SRAEL HAMAS WAR 8
Slide 9: Silynx In-Ear Product Offering
Hearing protection Not impacted by blast shock waves “Talking from the ear” Unique, clearer communication in noisy environments Lightweight & comfortable For extended continuous use Improved directional hearing Pinna is not covered Low profile No external microphone, no snag hazard Suitable for hot
Slide 10: Technology
TECHNOLOGY Real - time software processing and compression of surrounding audio signals “Talking from the ear” technology picks up the minute air movement in the ear canal and converts it into speech Special “enforcing materials” embedded into our hardware, cables, and connectors while “cold molding
Slide 11: Market Opportunity: Transition from Over-Ear to In-Ear Headsets
MARKET OPPORTUNITY: ANTICIPATED TRANSITION FROM OVER - EAR TO IN - EAR HEADSETS In - Ear Headset Growth Drivers Global active tactical sound protection headset market – by type Over - Ear Sound Protection Headsets In - Ear Sound Protection Headsets Soldier modernization Budgets targeting tactical co
Slide 12: Elbit Systems testimonial
INVESTOR PRESENTATION “ Silynx has been Elbit Systems’ OEM headset solutions supplier for 15 years. We have found Silynxcom to be a trustworthy, competent and credible supplier with flexible production capacity. ” - Moshe Narkis, Vice President, Marketing & Business Development, Elbit Systems Ltd. 1
Slide 13: Go to Market Strategy
GO TO MARKET STRATEGY Position Silynx as an innovative front - runner and obtain a significant share of the expanding In - Ear market segment Distributor network Formal purchasing programs Expand bundled product offering Strategic Cooperation Cross - sell Unlock Asia Participate in formal structured
Slide 14: Case Studies
Republic of Korea Armed Forces Distributor Network Customer Acquisition Drivers: 7,000 future soldier systems, incorporating Silynx headsets Product: Mid - Level Model: Framework agreement with a strategic partner Criteria: Technical, field test performance, quality and price Order year: 2021, deliv
Slide 15: Extensive International Distributor Network
EXTENSIVE INTERNATIONAL DISTRIBUTOR NETWORK Increased exposure to potential customer opportunities Europe 34 Central & South America 5 Asia 16 3 1 Africa 3 Oceania Planned representative sales offices : Korea, Germany USA Office 15 Israel Office Middle East
Slide 16: Distributor Network
DISTRIBUTOR Network Distributors selected based on recent tactical equipment sales record to defense and law enforcement clients Distributors benefit from superior profit margins and robust support The distributor network creates in - depth relationships with customers • Provides Silynx with invalua
Slide 17: USAF testimonial
INVESTOR PRESENTATION “ Silynx is the best system for tactical communications. It is our squadron’s standard tactical communications kit and the customer service and support proved by Silynx - USAF, Maj, Scott M. Hlavin, Commander, 7th Security Forces Squadron, April 2023 is without equal. ” 17
Slide 18: Strategic Reseller Agreement: 3M PELTOR
STRATEGIC RESELLER AGREEMENT Profile: 3M PELTOR One of the world's leading manufacturers and an iconic brand name of headsets and two - way radio accessory products for military, law enforcement, hunting, sport shooting, racing, rally sports, aviation, and manufacturing industries Challenge To diffe
Slide 19: 2023 Milestones by Segment
INVESTOR PRESENTATION • May 2023 – Additional sales to Glencore + extensive field testing at iron smelting facilities in Australia. Defense • April 2023 – Secured first contract with Asian military which is expected to announce a formal purchasing program of circa $100M in value over a seven - year
Slide 20: Commercial & Industrial Use Cases
Over - Ear headset as a solution to provide employees of their steel mill plants with better situational awareness & improved quality of communication . COMMERCIAL & INDUSTRIAL USE CASES Silynx’s agility, innovative technology, price, and technical performance have allowed it to gain early traction
Slide 21: Competitive Positioning
COMPETITIVE POSITIONING First Mover Advantage Create a first - mover advantage and dominate the growing in - ear tactical/industrial market segment Value Superior, cost - effective performance Agile Rapid prototyping of new devices and broad radio interface knowledge In - Ear Innovative In - Ear hea
Slide 22: Experienced Leadership
EXPERIENCED LEADERSHIP Ron Klein Chairman BoD • Co - founder, COO and CFO of Xinteza API Ltd., since Jan. ‘22, • Director at Vgarden since Jan. '22, Histour - Eltive Ltd. since Oct. ‘22, and the Israel Bar Publishing House Ltd. since Sept ‘21. • Served as the CEO of ChickP Protein Ltd., June ‘18 - D
Slide 23: Financial Highlights
INVESTOR PRESENTATION - 991.7 - 609.0 2020 2021 2022 USD 000 12,000 10,000 8,000 6,000 4,000 2,000 0 FY2022 Q1 FY2021 Q2 Q3 Q4 FY Seasonality of Revenue USD 000 FINANCIAL HIGHLIGHTS As of December 19, 2023 Working capital end of the year 858.0 Insufficient capital limited large bid participation 11
Slide 24: Income Statement
(in thousands of USD) INCOME STATEMENT FY 2022 H1 2023 $3,096 $7,264 Revenues ($1,901) ($4,836) Cost of sales $1,195 $2,428 Gross Profit ($1,989) ($672) Sales and Marketing ($569) ($439) Research and Development ($965) ($837) General and Administration ($2,326) $1,798 Net Income (Loss) 24
Slide 25: Summary Balance Sheet
SUMMARY BALANCE SHEET (in thousands of USD) Cash and Cash Equivalents and short - term bank deposits $69 $351 Trade receivables $2,774 $781 Inventory $2,433 $2,664 Total Assets $5,807 $4,541 Total Liabilities ($5,009) ($3,265) Total Shareholders’ Equity $798 $1,276 June 30, 2023 December 31, 2022 25
Slide 26: Pre-Offering Capitalization Table
PRE - OFFERING CAPITALIZATION TABLE Silynxcom Ltd. Shares Outstanding* Options (WAEP: $ 1.96) Warrants (WAEP: $0.77)** Fully Diluted Shares Outstanding*** 4,000,000 1,096,653 53,624 5,150,277 Ordinary Shares 26 • * Including 102,346 shares from the conversion of the SAFE investment which was complet
Slide 27: Expected Catalysts by Segment
INVESTOR PRESENTATION Defense • IDF repeat orders • Repeat Order win in South Korea • Announcement of joint development project with Leonardo S . p . a . - one of Europe's largest defense groups • Participating in 2 large European multi - year bids. • Follow on order from Israeli tactical radio prod
Slide 28: Investment Highlights
INVESTMENT HIGHLIGHTS Strong position in the rapidly growing tactical in - ear headsets market Multiple expansion opportunities into lucrative commercial markets Field proven and in operational use worldwide High product margins and significant barriers to entry Extensive international distribution
Slide 29: Thank You
INVESTOR PRESENTATION THANK YOU CONTACT US: Nir Klein, Chief Executive Officer W: Silynxcom.com E: kleinnir@s - o - s.co.il 29