Aerometrex Ltd. · ASX:AMX
Aerometrex — Goldman Sachs Virtual Conference 2020
28 slides from Aerometrex's conference presentation, May 13, 2020
Slide 1: Aerometrex Investor Presentation
For personal use only AEROMETREX INVESTOR PRESENTATION Goldman Sachs Virtual Conference 13 May 2020 SEE YOUR WORLD CLEARLY. 1
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation is provided for information purposes only and is not a disclosure document as defined under the Corporations Act 2001 (Cth) This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase, sale
Slide 3: Organisation Overview & Experience
For personal use only ORGANISATION OVERVIEW & EXPERIENCE 3
Slide 4: Company Overview
COMPANY OVERVIEW For personal use only § An Australian based business established in 1980, Aerometrex has a strong reputation as a premium provider with decades of industry experience. § Initially providing aerial imagery and photogrammetric mapping services, recent Aerometrex innovation includes th
Slide 5: Corporate Summary
CORPORATE SUMMARY For personal use only Capital Structure (12/05/2020) ASX Code AMX Share Price $1.625 Shares on Issue 94.4m Options on Issue 4.2m Cash on Hand (31 Dec 2019) $22m Market Capitalisation $153.4m § 64.8m shares (68.6% of issued capital) currently under escrow. All existing substantial s
Slide 6: For personal use only
For personal use only https://youtu.be/g-0tFQJhHh4 6
Slide 7: History & Experience
HISTORY & EXPERIENCE For personal use only 1980 ‒ Aerometrex established 2005 ‒ First company to introduce large-format digital aerial cameras to the Australian market 2009 ‒ First company to offer 2.5cm (1”) GSD resolution aerial surveys in Australia 2011 ‒ Management buy-out of Aerometrex 2012 ‒ L
Slide 8: History & Experience
HISTORY & EXPERIENCE For personal use only 8
Slide 9: Clients & Industries Serviced
CLIENTS & INDUSTRIES SERVICED For personal use only Aerometrex has a diversified client base with repeat business: § Even split between Government (Federal and State) and private sector work § Servicing clients in all Australian States with established national reputation § Top 10 clients contribute
Slide 10: Clients & Industries Serviced
CLIENTS & INDUSTRIES SERVICED For personal use only 10
Slide 11: Operating Divisions
For personal use only OPERATING DIVISIONS Aerial photography & mapping MetroMap LiDAR 3D Modelling 11
Slide 12: Aerial Photography & Mapping
AERIAL For personal use only PHOTOGRAPHY & MAPPING § Aerometrex expects to continue to see steady demand for this project-based service offering, particularly in regional areas § Strategic focus is on the conversion of project-based clients across to the higher profit margin MetroMap subscription se
Slide 13: LiDAR
LiDAR For personal use only § LiDAR – Light Detection and Ranging used to capture: § Digital terrain and surface models § Ortho imagery & ortho mosaic § Classified 3D point cloud data § LiDAR demand continues to grow rapidly with increasing need for digital terrain modelling and mapping § Industries
Slide 14: 3D Modelling
3D MODELLING For personal use only § Launched in 2012 as aero3Dpro, Aerometrex’s 3D modelling service delivers the highest standards for 3D modelling of 2cm pixel size and 5cm accuracy § The 3D data industry is a new and rapidly growing market that Aerometrex is ideally poised to exploit § Aerometre
Slide 15: Class Leading 3D
CLASS LEADING 3D For personal use only Aerometrex provides 3D models of built environments in unprecedented complexity, detail and completeness: § Ability to provide data with up to 5cm accuracy in X, Y & Z scale where competitors are limited to 50cm accuracy § Can incorporate various oblique imager
Slide 16: Class Leading 3D: Recent Project Work
CLASS LEADING 3D For personal use only Recent project work § North America – Major 3D modelling projects carried out in New York and Philadelphia. § Europe – Projects completed in France (Pau) and Germany (Karlsruhe). § Australia – large private and government work in major capital cities. § New Zea
Slide 17: For personal use only
For personal use only 17
Slide 18: MetroMap
METROMAP For personal use only § Launched in 2018, MetroMap allows users to access high quality aerial 2D and 3D imagery from a web browser interface or direct feed by API link. § Continued growth in subscription revenue driven by growth in subscriber numbers. § MetroMap platform will ultimately del
Slide 19: MetroCam
METROCAM For personal use only Aerometrex-designed very large format aerial camera § PCT patent application filed. § Compound camera system with unique geometry. § 3-band RGB sensor for high-res vertical (2D) imagery. § Designed “in-house” using Aerometrex IP and know-how. Benefits of MetroCam § Giv
Slide 20: Financial Strength
For personal use only 20 FINANCIAL STRENGTH
Slide 21: FY20 H1 Statement of Financial Position
FY20 H1 STATEMENT OF FINANCIAL POSITION For personal use only Strong balance sheet, available debt facilities and positive cashflow to fund growth. Dec 2019 Jun 2019 $’000 $’000 Key points: Assets Cash and cash equivalents 22,056 5,110 § Strong balance sheet with $22m in cash at December 2019 Trade
Slide 22: Revenue Growth Continuing
Revenue Revenue growth continuing For personal use only The Company has a long track record of profitability and growth funded through cashflow generation. § Aerometrex has been historically self-funded before seeking first major growth capital injection in 2019. § Growth in MetroMap and aero3Dpro h
Slide 23: FY2020 H1 Financial Summary
FY2020 H1 FINANCIAL SUMMARY (ending 31 DEC 2019) For personal use only Strong financial performance and increasing growth metrics. $10.1m § Revenue up 44.3% on PCP to $10.1m REVENUE § Driven by strong growth in LiDAR and 3D (on demand project work) + 44.3% § Growth in MetroMap (DaaS subscription mod
Slide 24: Impact of COVID-19
IMPACT OF COVID-19 For personal use only § Operations: No material negative impact on operations in Australia. High rates of productivity in data capture and data processing. § Focus on safety: Key priority has been the safety of staff with various strategies implemented to ensure continuity of oper
Slide 25: Spookfish Acquisition
SPOOKFISH ACQUISITION For personal use only § What is being acquired? Spookfish Australia Pty Ltd, for $1.5m max. Announced to market 24 April 2020 https://www.asx.com.au/asxpdf/20200424/pdf/44h72kgbmxv3b1.pdf § Status Due Diligence in progress with future update to the market on conclusion of proce
Slide 26: Strategic Priorities
STRATEGIC PRIORITIES For personal use only Long term outlook remains positive. Near term strategic priorities § Completion of Spookfish acquisition § Continue to expand sales and marketing domestically and overseas § Building R&D team, new initiatives § Continue work on new camera developments § Con
Slide 27: Board of Directors
BOARD OF DIRECTORS For personal use only Directors and Managers have a combined total of over 127 years experience in aerial surveying, aerial photography, photogrammetry, mapping/GIS and LiDAR and related activities. Mark Deuter Mark Lindh Managing Director Independent Non-Executive Chairman § 22 y
Slide 28: Contact Information
For personal use only CONTACT INFORMATION Aerometrex Ltd 51-53 Glynburn Road Glynde SA 5070 +61 8 8362 9911 investorrelations@aerometrex.com.au www.aerometrex.com.au www.metromap.com.au 28