Data I/O Corporation · NASDAQ:DAIO
Data I/O — B. Riley Conference May 2014
15 slides from Data I/O's conference presentation, May 2014
Slide 1: B. Riley Conference May 2014
Anthony Ambrose President and CEO Data I/O Corporation B. Riley Conference May 2014
Slide 2: Safe Harbor
Safe Harbor “The matters that we discuss today will include forward-looking statements that involve risks factors that could cause Data I/O Corporation’s results to differ materially from management’s current expectations. We encourage you to review the Safe Harbor statement contained in the earning
Slide 3: Focused on Programming and Value Added SW in Manufacturing
Focused on Programming and Value Added SW in Manufacturing Wireless and Consumer Automotive Electronics Semiconductor Industrial Industry
Slide 4: The New Data I/O
The New Data I/O • New leadership and strategy: Focused on our core business with leadership products, managed costs. We are achieving our milestones in the plan. • New products drive top line growth. The PSV7000 is winning in the marketplace. Our available market increases by ~$10M later this year
Slide 5: Results to Date
Results to Date • Growth in the Core – 2013 Growth of nearly 10% in a weak macro environment – Strong Q1 2014 bookings of $5.8M – Key wins in Consumer Electronics and Emerging Markets • Award Winning New Products – PSV7000 is the premier automated programming system with 4 major awards and significa
Slide 6: Automated Solutions – PSV7000
Automated Solutions – PSV7000 PSV7000 is the world’s premier automated programming system with the speed, flexibility and fast changeover to handle any job at the lowest total cost of ownership.
Slide 7: Serving Today's Growth Markets
Serving Today’s Growth Markets…… Radio, GPS, CD Engine Window Controls Lift LED Wiper Air Lighting Seat Motor Flow Position Ignition Systems Battery Mgmt Parking Assist Stability Monitoring Steering Tire Parking Control Pressure Brakes Airbag Door ABS Locks Cruise And Keyless Entry Mirror Control Tr
Slide 8: Gaining Market Share
Gaining Market Share • Current Customers/Traditional Markets – The PSV7000 has reinvigorated our automotive and industrial customer base worldwide. – Winning new and former customers, as well as upgrading the installed base – PSV7000 now deployed on 4 continents • New Customers/New Markets--$10M mar
Slide 9: Future Growth in Programming
Future Growth in Programming • Wearables • Smart homes • “Internet of Things” Connectivity + Intelligence + Security = Demand for Programming Planning for the next 50B devices Source: BI.com
Slide 10: Key Facts and Figures
Key Facts and Figures Core Focus Flash Memory and Microcontroller programming for Areas electronics manufacturing Key Markets Wireless, Automotive, Consumer, and Industrial Electronics Presence Global HQ in Redmond, WA USA with facilities near Munich Germany and Shanghai China Personnel 82 employees
Slide 11: 2013: Balanced Revenues by Region & Market
2013: Balanced Revenues by Region & Market 42% Recurring Revenues 9% Automotive Asia 24% 30% 34% 16% Wireless Americas Consumer 13% Europe 36% 38% Industrial Programming Centers 14% Software/Services Consumables 58% 28% Equipment
Slide 12: Model P/L and Operating Leverage
Model P/L and Operating Leverage For Illustrative Purposes only Adjusted EBITDA excludes stock based compensation
Slide 13: March 31, 2014 Balance Sheet Highlights
March 31, 2014 Balance Sheet Highlights (in millions) Q1'14 Cash & Securities $ 8.8 Acct. Receivable $ 3.6 Inventory $ 3.8 Fixed Assets $ 0.8 Other $ 0.4 Total Assets $17.4 Current liabilities $ 3.2 Deferred revenue $ 1.5 LT debt & liabilities $ 0.3 Equity $ 12.4
Slide 14: The New Data I/O Opportunity
The New Data I/O New Leadership + New Products + Addressable Market Expansion + Reduced Breakeven + Strong Operating Leverage and Recurring Revenue + Improved CAPEX environment = Opportunity
Slide 15: Thank You
Thank You