Duos Technologies Group, Inc. · NASDAQ:DUOT
Duos Technologies — Investor Presentation (September 2019)
22 slides from Duos Technologies's investor presentation, Sep 4, 2019
Slide 1: Investor Presentation September 2019
GOVERNMENT UTILITIES OIL AND GAS RAIL CHEMICAL DISTRIBUTION INVESTOR PRESENTATION OTCQX: DUOT SEPTEMBER 2019
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement This presentation, as well as other written or oral statements made from time to time, includes “forward - looking statements,” within the meaning of the U . S . Securities Act of 1933 , as amended and the U . S . Securities Exchange Act of 1934 , as amended, or the “Exchange
Slide 3: Who We Are
3 Who We Are Headquartered in Jacksonville, FL Staff of 83 employees and 11 full - time contractors ( 94 Total) Design, develop and implement advanced intelligent technologies ▪ Intelligent Sensor and Data Analytics ▪ Inputs from virtually any sensor or data input, with emphasis on artificial intell
Slide 4: Our Technologies, Products and Applications
Our Technologies, Products and Applications r i p ® v u e ®
Slide 5: $60B North American Rail Market
5 $60B North American Rail Market NORTH AMERICAN RAIL MARKET DATA 60B Freight Rail Network 1.56M Freight Cars 26,500 Locomotives 140,000 Miles of Class 1 Track 500+ Freight Rail Yards 21 Regional Railroads 510 Local Railroads $ Source: US Federal Railroad Administration Source: The Wall Street Journ
Slide 6: Our Rail Applications
6 Inspection Workflow Software Platform cen t raco ® Our Rail Applications r i p ® Railcar Inspection Portals FREIGHT TRANSIT v u e ® Vehicle Undercarriage Examiner t i ds ® Track Intrusion Detection System tv u e ® Thermal Vehicle Undercarriage Examiner ap i s ® Automated Pantograph Inspection Syst
Slide 7: Problem: Mandatory Mechanical Inspection of Rail Cars
7 Problem Mechanical inspection of all rail cars and locomotives is mandatory prior to leaving the yard 1 Opportunity Industry Objective Replace/significantly reduce current in - yard physical inspection practice with an automated process, conducted prior to train entering a yard. MECHANICAL FIELD I
Slide 8: Proprietary Command and Control Inspection Workflow Software Platform
8 Proprietary Command and Control Inspection Workflow Software Platform Speed of This Train = 69.96 km/h Algorithmic and Operator Detections cen t raco ® • Linear Speed Sensor – Accuracy to 0.02 mph • Image Capture: Machine Vision – 2px by 2048 px • Line Scans are stitched to a panoramic view • Auto
Slide 9: The Future of Railcar Mechanical Inspections
9 The Future of Railcar Mechanical Inspections • Industry is rapidly shifting to new technology • Precision railroading requires change in maintenance strategies duos tech r i p ® solution: • Remote, four - sided (360 ° ), automated mechanical inspection while traveling at speeds ≥ 120 MPH before tr
Slide 10: rip Railcar Inspection Portal Recent Developments
10 OTCQX: DUOT r i p ® Railcar Inspection Portal Recent Developments: Duos Completed 5 inspection portal systems in 2019 2 portals currently being installed and expect completion in Q3 2019 Visibility on 14 additional portals in 2019/2020 Analysts expect “the North American freight rail network to n
Slide 11: The Future of Duos Technologies
The Future of Duos Technologies NEURAL NETWORKING DEVELOPMENT PLATFORM MODELING ANALYTICS AI APPLICATIONS ALGORITHM DEVELOPMENT MACHINE LEARNING our artificial intelligence subsidiary
Slide 12: Our Solutions and Where We're Going
12 Our Solutions: Duos/ true vue 360 has created a platform for model/application development, algorithm creation and analysis of images and sensor data to discover: Performance Anomalies Security Threats Mechanical Defects Predictive maintenance issues Where We’re Going 12 Strategic Vision: To Buil
Slide 13: Leading the Way in Intelligent Technologies
13 13 Leading the Way in Intelligent Technologies Who Our Subsidiary - What New subsidiary focused on AI, deep learning solutions – industry agnostic When Current deployments: multiple customers - rail car inspections, gate automation (logistics), security applications 22 models completed or in lear
Slide 14: true vue Roadmap
14 true vue 360 TM Roadmap 2019 2020 2021 • Sales team hired and executing • Expand into other industries beyond rail • Significantly grow revenues • Cumulative cashflow positive • Further scaled revenue growth Q3 Q1 Q2 x Launched AI and deep learning subsidiary true vue360 TM x Establish company, r
Slide 15: Financial Overview
62.232 44445.785! 354.234 2933.462! 12,543: 55.896) duostech , connected intelligence 11.445: 782248 947.204 981.321 335,284 111.439: 266.223 282.118 908.123 3513.567, bret dase om on A455 asi: Ze ers a, 4498, baat aes 6021, e272 0953. Financial Overview St12 2h ae 23.89 xnm ious:
Slide 16: Consolidated Income Statement
16 Consolidated Income Statement (in ‘000s) 1H 2019 (Unaudited) 1H 2018 (Unaudited) TTM (Unaudited) FY 2018 Revenue $5,698 $4,388 $13,359 $12,049 Cost of Sales 3,393 2,654 7,583 6,844 Gross Profit 2,305 1,734 5,776 5,204 % of Revenue 40% 40% 43%* 43%* Operating Expenses 4,208 3,104 7,878 6,774 Incom
Slide 17: Balance Sheet Data Analysis
17 Balance Sheet Data Analysis (in ‘000s) Cash & Accounts Receivable, Prepaid Expenses $2,490 Payables, Notes and Accrued Expenses 1,661 Operating Expense Coverage $829 Current Cash $281 Estimated operating cash receipts in next 30 Days* Estimated cash usage in the next 30 Days** $2,045 $1,195 * Bas
Slide 18: Backlog (As of August '19)
18 12 Month Backlog (As of August ’19) Revenue Type Vertical Contract Size $ Projects Rail $3.6M Commercial $0.5M Total Projects $4.1M Service and Support (Recurring) Rail $1.5M Commercial $0.2M Total Recurring (12 Months) $1.7M Licensing, Professional Services & Consulting $0.8M Estimated Rolling T
Slide 19: Capital Structure
19 as of 07/30/2019 (in millions) Common Stock 25.5 Warrants Options 18.1* 2.4** 2.4*** Series B Convertible Preferred (CSE) 5.2 Total Share Count Fully Diluted 53.6 Capital Structure * Cash only Exercise Price : $0.55 ** Exercise Price : $0.65 - $1.00+ *** Exercise Price : $1.00 OTCQX: DUOT
Slide 20: Experienced Leadership Team
20 Experienced Leadership Team Adrian Goldfarb EVP, Chief Financial Officer, Director Mr . Goldfarb is an industry veteran including more than 35 years in information technology beginning at IBM . For the last 20 years, Mr . Goldfarb has specialized in new venture and early stage organizations where
Slide 21: Investment Highlights
21 Investment Highlights Significant, global market opportunities ▪ Combined North American markets exceed $100B ▪ $60B North American rail industry ▪ $53B Enterprise Information Management (EIM) Market ▪ $ 2B Video Analytics Market Growing, tier - one customer base ▪ Multiple, multi - million dolla
Slide 22: Contact Us
22 OTCQX: DUOT Contact Us Duos Technologies Corporate Tracie Hutchins Duos Technology Group, Inc. 904 - 652 - 1601 tlh@duostech.com Investor Relations Matt Glover or Tom Colton Gateway Investor Relations 949 - 574 - 3860 DUOT@gatewayir.com
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