Beam Communications Holdings Limited · ASX:BCC
Beam Communications — Shareholder Meeting (November 2023)
13 slides from Beam Communications's shareholder meeting presentation, Nov 30, 2023
Slide 1: 2023 Annual General Meeting
Dean / Julie 2023 Annual General Meeting 30 November 2023 ASX:BCC 1 © 2023 Beam Communications Holdings Limited
Slide 2: Disclaimer
Disclaimer This document has been prepared by Beam Communications Holdings Limited and comprises written material/slides for a presentation concerning Beam Communications Holdings Limited and its subsidiaries. The presentation is for information purposes only and does not constitute or form part of
Slide 3: Year of Achievements
Year of Achievements Inflection Point with Business Reaching Scale Record FY23 Strong Cash Significant Jump New Device ZOLEO Sub Results Generation in Recurring Rev Launched Growth Group recurring revenue Revenue +67% YoY to Positive Op Cash Flow of Successfully launched the Continued strong ANZ fro
Slide 4: History of Innovations
History of Innovations Laying the Foundations for the Record Results Launched of Iridium Launched ZOLEO – GO! EXEC portable world’s first satellite hotspot Thuraya WE – seamless global world’s first all-in- satellite one dual mode communicator satellite & LTE 2023 Revolutionary first- portable Wi-Fi
Slide 5: Multi-Year Transformation
Multi-Year Transformation Financial Inflection Point with Multiple Offerings & Revenue Streams Building scale by expanding product portfolio New Beam-Branded Device New Beam Device A new solution to generate hardware sales and recurring subscription revenue for Beam New Certus Offering Cash Flows Ir
Slide 6: Revenue Growth History
Revenue Growth History Revenue growing ~3x faster than Opex Improving affordability and new technologies are transforming Mobile $50 Satcom from niche to mass market Operating revenue Opex $40 Global Mobile Satellite Service (MSS) market forecast to grow at 6.9% CAGR to US$9.2B $30 by 20301 Millio
Slide 7: Record Results
Record Results Operating Revenue $45 $40 Record FY23 Operating Revenue | EBITDA $35 Million 1 • • FY23 revenue +67% YoY to $39.5m, EBITDA +189% YoY to $4.3m, $30 $25 • NPAT +$2.3m YoY $20 $15 Growth Across All Divisions in FY23 $10 2 • • Core Beam Revenue +129% SatPhone Shop Revenue +6.7% and $5 $-
Slide 8: ZOLEO | Performance
ZOLEO | Performance1 FY23 FY22 FY21 Result Commentary Hardware Revenue $8.7m $8.9m $5.9m Royalty Revenue $711,324 $413,359 $104,040 Total GM $929,926 $587,571 $365,898 Gross margin expected to ANZ subscriber growth Net ANZ Subs (#) 6,218 3,739 1,287 rise further with annualised increased a further 1
Slide 9: Core Beam | Performance
Core Beam | Performance FY23 FY22 FY21 Result Commentary Revenue $27.6m $12.1m $10.7m Gross Profit $10.4m $5.1m $4.8m Gross Margin % 38% 43% 45% Successful launch of Iridium GO! exec Iridium GO! exec® orders expected to Core Beam Revenue (ex ZOLEO) contributing to growth exceed minimum US$12M contra
Slide 10: SatPhone Shop | Performance
SatPhone Shop | Performance FY23 FY22 FY21 Result Commentary Revenue $2.5m $2.4m $1.8m Gross Profit $879,625 $814,533 $592,171 Gross Margin % 35.0% 34.6% 32.3% Leveraged to growth in FY23 recurring airtime the Mobile Satellite revenue (sold through SatPhone Shop Revenue Service market SPS) grew 31%
Slide 11: ZOLEO Ownership
ZOLEO Ownership Two Potential and Significant Value-Accretive Outcomes for Beam Beam own’s 50% of a global business of very significant inherent value Beam and its JV partner, Zoleo Inc. is expected to generate total revenue of ~$45M in FY24 Roadpost Inc., have and will be cash generating under sing
Slide 12: Beam | Outlook
Beam | Outlook Strategic Outlook Financial Outlook • H1 remains in-line with expectations • Range of world-first innovations that are well positioned to grow with the global mobile satellite • H2 forecast to be weaker than PcP largely due to order deferment market into FY25 • Further increases in ZO
Slide 13: Contact
Contact General Enquiries investor@beamcommunications.com Michael Capocchi Managing Director michael.capocchi@beamcommunications.com Dean Sleigh Chief Financial Officer dean.sleigh@beamcommunications.com 13 © 2023 Beam Communications Holdings Limited
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