Fbr Limited · ASX:FBR
Fbr — Investor Presentation (November 2021)
17 slides from Fbr's investor presentation, Nov 15, 2021
Slide 1: FBR Corporate Presentation November 2021
FBR Corporate Presentation November 2021 ASX:FBR 1
Slide 2: About FBR
About FBR • FBR designs, develops, builds and operates dynamically stabilised robots • FBR’s flagship product, Hadrian X®, is the world’s most advanced construction robot • Capable of building the walls of brick or block houses in as little as a day, Hadrian X® is designed to produce brick structure
Slide 3: FBR Corporate Snapshot
FBR Corporate Snapshot Current capital structure Directors & Key Executives Ordinary shares on issue 2.207m Richard Grellman Non-Executive Chairman Average volume (last 3 months) 3.3m Grant Anderson Non-Executive Director Greg Smith Non-Executive Director Gross cash (30 September 2021) $7.5m Mike Pi
Slide 4: FBR Solution
FBR Solution • FBR has the most compelling technology in robotic construction and it is widely accepted that automation is the future of the construction industry • Hadrian X® is the only solution that is fully mobile without sacrificing utility, versatility, de-automation or speed of completion • M
Slide 5: Revenue generating tech
Revenue generating tech • Record sales – first quarter FY22 cash receipts from customers of $621,000 • Completed builds for customers – Three residential and two low-rise commercial structures • Pipeline of 24 confirmed upcoming builds for builders with expected revenues of over $1.1 million • Addit
Slide 6: Benefits of Hadrian X®: Health and Safety
Benefits of Hadrian X® HEALTH AND SAFETY • Removes the repetitive work, stress and injury including sprains and strains from the industry that many bricklayers suffer from due to years of hard labour • Removes all manual labour from construction site during structure build (except minimal FBR qualit
Slide 7: Benefits of Hadrian X®: Environmental
Benefits of Hadrian X® ENVIRONMENTAL • A much cleaner site with no materials dispersed across the build zone • Reduced waste and exposure to environmental incidents. H01 zero waste sequenced pallet capability massively reduces waste produced on site and cost of waste removal • No sand, cement or wat
Slide 8: Benefits of Hadrian X®: Operational
Benefits of Hadrian X® OPERATIONAL • Block laying speed significantly faster than manual labour • Greater accuracy and repeatability than human bricklaying • Build cost significantly reduced through faster build, greater accuracy and reduced waste • Digitalises the construction process and helps sta
Slide 9: Hadrian X® Economics in Australia
Hadrian X® Economics in Australia The larger the block used, the more economical the Hadrian X® becomes and the greater the benefit passed on to WaaS® customers. The costs below are direct laying costs and exclude all the other ancillary benefits enjoyed by the customer derived from the Hadrian X® f
Slide 10: Completed jobs
Completed jobs Standard Brick Job Type Equivalents (SBEs) Revenue Dayton Residential 13,759 $491,556 Byford Commercial 20,300 $6,717 Amberton Beach Commercial 36,496 $91,800 Wellard #1 Residential 19,008 FBR Inventory Wellard #2 Residential 23,900 FBR Inventory Dayton • The first display home built
Slide 11: Pipeline of contracted builds
Pipeline of contracted builds Expected revenue Expected Job Location Type (approx.) completion 16 townhouses Willagee, Western Australia Residential $630,000 May 2022 8 townhouses St James, Western Australia Residential $500,000 June 2022 Wellard 3 Wellard, Western Australia Residential FBR Inventor
Slide 12: FBR quarterly revenue growth
FBR quarterly revenue growth FY21 & FY22 YTD Quarterly Construction Revenue Revenue $491,556 $500,000 399% year on year revenue $450,000 growth already achieved in Q1 of FY22 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $- $- $91,800 $50,000 $6,717 $- Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY2
Slide 13: Wall as a Service® - commercial model
Wall as a Service® - commercial model • WaaS® is the servitisation and digitalisation of the old way of selling bricks and manual bricklaying labour separately • WaaS® is sold as a fixed price single delivered service to customers • The WaaS® operating entity supplies the blocks and robotically cons
Slide 14: Potential global demand
Potential global demand WaaS® Operating Company (Europe) Estimated number of low-rise houses currently built per year: 693,000 WaaS® WaaS® Operating Company Operating Company (UAE & KSA) (North America) Estimated number of low-rise Estimated number of low-rise houses currently built per year: houses
Slide 15: Global scaling strategy
Global scaling strategy • Strategic partners can access equity in local operating entities by purchasing Hadrian X® robots from FBR and supplying those machines for free to WaaS® operating entities, allowing for rapid, capex-free scaling for FBR • Operating entity profits for local partners will be
Slide 16: Next 12 months for FBR
Next 12 months for FBR • Complete 27 builds in pipeline, plus additional builds yet to be committed • Complete assembly of two additional Hadrian X® construction robots to meet demand in Australian market • Complete the design of the next iteration of the Hadrian X® and commence manufacturing • Obta
Slide 17: Disclaimer
Disclaimer Important Notice This presentation has been prepared by FBR Limited. This document contains background information about FBR Limited which is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients s