Thruvision Group Plc · LSE:THRU
Thruvision — H1 FY2020 Earnings Presentation
13 slides from Thruvision's earnings presentation, Nov 12, 2019
Slide 1: Introduction to Thruvision Group plc
Introduction to Thruvision Group plc 12 November 2019
Slide 2: Introducing Thruvision
Introducing Thruvision … Passive Terahertz Technology for security screening of people ▼ A new type of security technology – Addresses growing need for high-throughput, effective people security screening – Detects weapons, explosives and contraband hidden under clothing – Works at distance – Comple
Slide 3: Headline financials
Headline financials … Growing business with strong cash position Cash Market expectation 30 Sept 2019: £ 8.7 million 8.9 FY 6.0 Revenue 4.8 Trading Update: 3 October 2019 3.1 H1 2.0 Operating 0.8 Market expectation Loss before tax 2.0 2.1 2.5 £ million FY17 FY18 FY19 FY20 Page 2
Slide 4: A new type of security technology
A new type of security technology … Where does “Passive Terahertz Technology” fit in ? Safe Harmful MICROWAVE TERAHERTZ INFRARED VISIBLE ULTRAVIOLET XRAY Wavelength 120 mm 1.2 mm 0.01 mm 0.0005 mm 0.000001 mm Technology type Active Passive Passive Passive Active Airport IR Video X-Ray Example scanne
Slide 5: Addressing the need for fast, effective detection
Addressing the need for fast, effective detection … Existing technologies have significant drawbacks in terms of throughput and detection effectiveness Why is Thruvision different ? ▼ No “divestment” of clothing or personal effects High ▼ No “pat downs” as concealed item can be seen Throughput ▼ Can
Slide 6: Our five market segments
Our five market segments … AVIATION Deterring attacks to aircraft and airports CUSTOMS LOSS PREVENTION Checking travellers for Reducing staff theft from concealed contraband warehouses by up to 80% Potential market of many thousands of units per year MASS TRANSIT ENTRANCES Protecting travellers Redu
Slide 7: Aviation
Aviation … Deterring terrorist attacks on aircraft and airports by passengers and employees Market characteristics ▼ Significant growth in air passenger numbers ▼ New faster bag scanning technology making people screening the bottleneck ▼ ‘Insider’ or employee threat seen as a growing risk LAX selec
Slide 8: Customs
Customs … Screening travellers for prohibited items at Ports of Entry Market characteristics ▼ National government agency customers, principally looking US State Department INL was for cash, drugs and other contraband Thruvision’s sixth Customs Agency user ▼ Politically important for many customs ag
Slide 9: Loss Prevention
Loss Prevention … Reducing staff theft at retail and logistics distribution centres (DCs) Market characteristics ▼ Many retail customers and each with a growing number of distribution centres ▼ Increasing problem given shift to online retailing Hermes now has a fleet of 10 units deployed across 5 of
Slide 10: Product development
Product development … Very active R&D programme covering both hardware and software innovations ‘Fusing’ of three different Under contract to TSA, using New high performance terahertz frequencies in new advanced AI-based image 16 channel sensor to outdoor product that can detect processing technique
Slide 11: Manufacturing
Manufacturing … Continued investment in expanding production capacity and new product development to maintain market leadership ▼ Main facility on Milton Park, near Oxford ▼ Small number of very high precision, key suppliers, mainly UK-based ▼ Just-in-time manufacture but can surge to 20 units per m
Slide 12: Summary
Summary … ▼ New type of people security screening technology ▼ Meets the growing need for fast and effective screening ▼ “Vetted and approved” by US Transportation Security Administration ▼ Growing international customer base across several market segments ▼ Proven, scalable manufacturing, and stron
Slide 13: Colin Evans
Colin Evans Chief Executive colin.evans@thruvision.com Thruvision Limited 121 Olympic Avenue Milton Park Abingdon Oxon, OX14 4SA t: +44 (0) 1235 425400 www.thruvision.com