Electro Optic Systems Holdings Limited · ASX:EOS
Electro Optic Systems — Shareholder Meeting (May 2017)
21 slides from Electro Optic Systems's shareholder meeting presentation, May 12, 2017
Slide 1: Company Update
EOS Company Update 12 May 2017 This document contains proprietary and copyright material which may not be copied or distributed without the consent of EOS.
Slide 2: Proxy Summary for Annual General Meeting
ELECTRO OPTIC SYSTEMS HOLDINGS LIMITED cos PROXY SUMMARY FOR ANNUAL GENERAL MEETING ON FRIDAY 12 MAY 2017 AT 9.30 AM RESOLUTION | MATTER FOR CONSIDERATION TOTAL FOR AGAINST | DISCRETION ABSTAIN 1 NO VOTE REQUIRED 2 RE-ELECTION OF FRED BART 10,612,856 10,240,461 369,395 0 3,000 100.00% 96.49% 3.48% 0
Slide 3: Disclaimer
Disclaimer This presentation and any related communication may contain statements that are forward looking with regard to the business and future performance of Electro Optic Systems Holdings Limited [“EOS”] and its subsidiaries. These statements reflect EOS’ current views, assumptions and projectio
Slide 4: Market Update
Market Update 1. Results for 2016 2. Defence 200 Systems Sector 200 6 7 3. Space Systems Sector 4. Outlook Copyright EOS
Slide 5: Financial Summary
Revenue (A$ millions) FINANCIAL 35.0 30.0 SUMMARY 25.0 20.0 15.0 10.0 Results nominally in line 5.0 - with expectations 2012 2013 2014 2015 2016 200 200 6 Profit (A$ million) 7 Cash (A$ million) 4.0 14.0 2.0 12.0 0.0 10.0 -2.0 2012 2013 2014 2015 2016 8.0 -4.0 6.0 -6.0 4.0 -8.0 2.0 -10.0 0.0 -12.0 2
Slide 6: Strategic Overview
Strategic Overview EOS loss of its $5b US Army weapon system program to a state-owned competitor triggered a long-term strategic re-positioning from FY12-17. Underlying business funded 5 years of aggressive strategy without debt or new capital, but accumulated losses of $10 million. Key invest
Slide 7: Defence Sector: Status and Outlook
Defence Sector: Status and Outlook This document contains proprietary and copyright material which may not be copied or distributed without the consent of EOS.
Slide 8: Core Business: RWS Applications
Core Business: RWS Applications EOS experience: Over 1,500 RWS mounted on over 20 platforms over 15 years. US Riverine Craft US Army Stryker US Army JLTV US Army M1A1 Australian Bushmaster US M-ATV
Slide 9: EOS Competitive Advantages
EOS Competitive Advantages Advanced market research allowing a narrow focus on few products with early customer buy-in. Key differentiators of technology, quality and user support making it an industry leader and a customer icon. Early commitment allowing years of reliability testing prior to
Slide 10: Defence Systems Products
Defence Systems Products Conventional RWS Advanced RWS Remote Turrets Launch date: 2004 (legacy product) Launch date: Q1 2017 Launch date: 2018 Weapons: Small arms Weapons: Cannon, missiles Weapons: Cannon, missiles Market size and share: After almost Market size and share: $4.6b to
Slide 11: R-400S firing 30 mm on M-ATV
R-400S firing 30 mm on M-ATV EOS R-400S Mk2 mounted on light vehicles Market US$4.6 billion 2017-2025 Copyright EOS
Slide 12: EOS R400S: A Game Changer
EOS R400S: A Game Changer Customers world-wide describe the EOS R-4000S as a game-changing product: Flexibility. Brings 30 mm cannon firepower to a new class of US/NATO and alliance vehicles. Over 200,000 platforms can carry the R-400S. Weight. At 400 kg the R-400S is 50% of the weight of the ne
Slide 13: EOS R2000: Remote Turret System
EOS R2000: Remote Turret System Completed $30m development program aimed at global requirements for new turret technology. Turret is unmanned, using highly reliable technology to replace human operators in the turret. All performance and reliability specifications met, exceeding current turret
Slide 14: Risk Management
Risk Management 100% year-on-year growth implies risk. EOS risk mitigation includes: Development Process. The development process has included 30 months of extensive [live firing] tests. The R-400S is mature and in production already. Commonality. All customers have agreed to a common product co
Slide 15: Defence Systems Outlook
Defence Systems Outlook EOS expects to capture over $500 million in R-400S sales in the first year of release [2017] The Defence Systems sector is assured of very strong growth Management is now implementing plans to control risk through an expansion exceeding 100% annually for several years C
Slide 16: Space Sector: Status and Outlook
Space Sector: Status and Outlook EOS Proprietary
Slide 17: EOS Space Systems Business Model
EOS Space Systems Business Model The value of satellites is around US$900b. Space debris is now a serious threat to all space operations. Currently space tracking assets can track only a fraction of the debris, and then with insufficient accuracy to allow satellites to avoid debris collisions by m
Slide 18: EOS Space Research Centre: Mount Stromlo ACT
EOS Space Research Centre: Mount Stromlo ACT Unclassified
Slide 19: EOS Space Tracking Facility: WA
EOS Space Tracking Facility: WA Copyright With sites in EOS WA, QLD and ACT, EOS will be the largest provider of space data in this hemisphere
Slide 20: EOS Space Systems Timeline
EOS Space Systems Timeline Australia and EOS have leveraged climate, geography and innovation for 44 years of world leadership in space laser tracking. EOS is experienced in space business and the customer requirements. 1973: USAF space laser program relocated to Australia under Commonwealth contr
Slide 21: Summary and Outlook
SUMMARY AND OUTLOOK EOS has been executing an internally-funded strategic re-positioning of the company through 3 major new products releasing 2017 - 2019. The 2017 release of R-400S-Mk2 will attract sufficient orders in 2017 to double Defence Systems revenue annually for some time. Contracts for al
Electro Optic Systems Holdings — Shareholder Meeting (May 2017) on 6ix