Gilat Satellite Networks Ltd. · NASDAQ:GILT
Gilat Satellite Networks — Investor Presentation (November 2020)
28 slides from Gilat Satellite Networks's investor presentation, Nov 12, 2020
Slide 1: Investors Presentation
GILATSATELLITENETWORKS NOVEMBER 10, 2020 Investors Presentation
Slide 2: Forward Looking Statements Disclaimer
FORWARD LOOKING STATEMENTS DISCLAIMER Certain statements made in this presentation that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intend
Slide 3: A World Leader in Satellite Communications
A WORLD LEADER IN SATELLITE COMMUNICATIONS MOBILE Cellular Backhaul MOBILITY Aero / IFCMaritimeLand BROADBAND EnterpriseConsumer DEFENSE 2G Fixed, On-the-Pause, On-the-Move INNOVATIVE GROUND EQUIPMENT TECHNOLOGY 3G 4G 5G 1987 Founded 5 R&D Centers 3 NOC Centers GILT NASDAQ /TASE 20 Sales Offices +80
Slide 4: Global Footprint – Expanding a Diverse Customer Base
GLOBAL FOOTPRINT – EXPANDING A DIVERSE CUSTOMER BASE LEADING GLOBAL CUSTOMER BASE 90+ COUNTRIES 500+ NETWORKS 300+ CUSTOMERS TELCOS , MNOS & SERVICE PROVIDER SYSTEM INTEGRATORS SATELLITE OPERATORS
Slide 5: = | Proprietary and
Lu = co 2) = 5 | Proprietary and Confidential
Slide 6: World Leader in Cellular Backhaul over Satellite
WORLD LEADER IN CELLULAR BACKHAUL OVER SATELLITE OF SATELLITE BACKHAUL 4G/LTE INSTALLATIONS WORLDWIDE MARKET LEADER WITH 44% OF MARKET SHARE IN MODEM SHIPMENTS { NSR, 2020 } SUPERIOR USER EXPERIENCE - PATENTED ACCELERATION TECHNOLOGY - 400Mbps
Slide 7: The Solution: Differentiate with Managed Service Offer
THE SOLUTION BEING ABLE TO DIFFERENTIATE WITH A COMPELLING MANAGED SERVICE OFFER IS KEY TO GAIN BUSINESS AND DEFEND HEALTHY MARGINS SATELLITE BACKHAUL MARKETService, Equipment & Capacity $1.27B(2019) $5.9B(2029) Source: NSR, Feb. 2020 { NSR, 2019 } END-TO END SOLUTIONS WITH RECURRING REVENUE MANAGED
Slide 8: Cellular Coverage to Regional Australia Residents
Cellular Coverage to Regional Australia Residents .. innovative and cost-effective solution delivers high quality user experience, under challenging environmental conditionsOptus, Australia “ “ AUSTRALIA
Slide 9: Urban Center Connectivity – Philippines
- Urban Center Connectivity- Excellent User Experience PHILIPPINES
Slide 10: In Flight Connectivity
sa IN FLIGHT CONNECTIVITY 410 | Proprietary and Confidential
Slide 11: Free Wi-Fi Trend Further Transforms the Industry
FREE WI-FI TREND FURTHER TRNASFORMS THE INDUSTRY ~1,245(2019) ~7,700(2029) Source: Valour, August 2020 BUSINESS JETS (Ka/Ku) 6,730(2019) ~14,500(2029) Source: Valour, August 2020 COMMERCIAL AIRCRAFT (Ka/Ku) GROWING IFC FORECAST DRIVES OPPORTUNITIES Modem
Slide 12: For All In-Flight Connectivity Modules
FOR ALL IN-FLIGHT CONNECTIVITY MODULES Transceivers Aero Antennas 400Mbps Modem Ground Equipment LEADING HIGH-PERFORMACNE SOLUTIONS Superior Passenger Experience
Slide 13: Enabling Large IFC Global Network
ENABLING LARGE IFC GLOBAL NETWORK GLOBAL COVERAGE | > 30 SATELLITES | 18 TELEPORTS | 20 AIRLINES |181 NETWORK SEGMENTS | 2 DATA CENTERS WITH TOTALNMS > 2000 airplanes connected with Gilat’s aero modems on a single networkAdditional 500 modems in backlog
Slide 14: Broadband
sa BROADBAND
Slide 15: Leading Enterprise Customers
OF GLOBAL EXPERTISE, LOCAL PRESENCE, OUTSTANDING SUPPORT AND SUPERIOR DELIVERY CAPABILITIES LEADING ENTERPRISE CUSTOMERS
Slide 16: One Platform. Multiple Verticals
Oil & Gas SCADA/IoT Education Retail Banking SME Government CELLULAR BACKHAUL CONSUMER MOBILITY ENTERPRISE DEFENSE Low Power | Climate Proof | Quick Install | Layer 2/3 Support | IPSEC EncryptionQoS | BW Optimization | 1000’s of Sessions per Site MULTIPLE VERTICALS – CUSTOMIZED SOLUTIONS ONE PLATFOR
Slide 17: Peru – Pronatel (FITEL) Projects
PERU PERU – PRONATEL (FITEL) PROJECTS
Slide 18: NGSO | VHTS | 5G
sa NGSO | VHTS | 5G 18 | Proprietary and Confidential
Slide 19: Constellations Are Becoming a Reality
CONSTELLATIONS ARE BECOMING A REALITY MEO 2,000-10,000 km~120msec GEO 35,786 km~550msec LEO500-2,000 km~15msec OneWeb~2.5 Tbps 650 Satellites Telesat~3-8 Tbps 192-300 Satellites SpaceX~10+ Tbps 1584 -> 42,000 Satellites Amazon ~10+Tbps3263 Satellites HAPs10-50 km~5msec HTS/VHTS~50-500 Gbps SES/O3B~1
Slide 20: Gilat's Proven NGSO Technology
GILAT'S PROVEN NGSO TECHNOLOGY GILAT TO PROVIDE PLATFORM FOR O3B mPOWER Multi-million-dollar contract establishes Gilat as a significant NGSO player through the technological innovation of its multi-orbit GEO/NGSO platform SUCCESSFUL DEMONSTRATIONS WITH TELESAT'S PHASE 1 LEO SATELLITE FIRST-EVER LIV
Slide 21: Gilat Expertise and Innovation Making 5G a Reality
HIGH SPEED Speeds >1Gbps Innovative Wideband Technology FLEXIBLE NETWORK ARCHITECTURE Satellite Ground Segment Integration Into 5G Eco-System Utilize SDN/NFV, Cloud, Edge Computing & Network Slicing GILAT EXPERTISE AND INNOVATION MAKING 5G A REALITY GILAT'S TECHNOLOGY SUPERIORITY NOW PROVEN FOR 5G O
Slide 22: Financial Indicators Highlights
FINANCIAL INDICATORS HIGHLIGHTS
Slide 23: Gilat Operating Segments
GILAT OPERATING SEGMENTS * Q2-20 (Q2-19) FIXED NETWORKS Mobile - Cellular BackhaulBroadbandEnterpriseConsumerPeru Services MOBILITY IFCMaritimeLandDefenseWavestream TERRESTRIAL INFRASTRUCTURE PROJECTS Peru Pronatel projects construction phase
Slide 24: Quarterly Profit and Loss Highlights
QUARTERLY PROFIT AND LOSS HIGHLIGHTS * Include merger and acquisition cost in Q3-20** Adjustments reflect the effect of non-cash stock based compensation as per ASC 718, amortization of intangible assets related to shares, merger and acquisition transactions expenses, amortization of lease incentive
Slide 25: Q3 2020 Profit and Loss Highlights (Non-GAAP)
Q3 2020 PROFIT AND LOSS HIGHLIGHTS (NON GAAP) * Q2-20 (Q2-19) US$ MILLIONS REVENUES$37.3M ($38.3M) REVENUES w/o Terrestrial Infrastructure$32.0M ($35.8M) FIXED NETWORKS REVENUES$22.8M ($21.8M) MOBILITY REVENUESMAINLY IFC$9.2M ($14.0M) GROSS MARGIN25% (25%) OPEX$11.4M ($12.2M) OPERATING PROFITLoss $1
Slide 26: Balance Sheet Highlights
1) Including cash and cash equivalents, restricted cash and net of short term bank credits2) DSO calculation excludes Terrestrial Infrastructure Projects Segment3) Q3-20 (Q2-20) CASH AND EQUIVALENTS1$77.2 ($85.3) DSO284 days (79 days) CASH FROM OPERATION$7.1M Negative cash($6.6M Negative cash) TOTAL
Slide 27: Summary: Uniquely Positioned for Unlocking Opportunities
Leading in Main Growth Areas – Cellular Backhaul (4G, 5G) & In-Flight Connectivity Investing in Product Leadership and Innovation Focused on Profitable Growth NGSO/VHTS Opening New Markets SUMMARY UNIQUELY POSITIONED FOR UNLOCKING OPPORTUNITIES
Slide 28: Thank You
THANK YO Gilat Satellite Networks | info@gilat.com | www.gilat.com
Gilat Satellite Networks — Investor Presentation (November 2020) on 6ix