Slide 1: FY2024 Results Presentation
For personal use only FY2024 Results Presentation The world’s leading provider of cold spray technology (ASX:TTT) 30 August 2024
Slide 2: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements For personal use only This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the Nothing in these materials shall under any circumstances create an implication that there “Company”) to provide summary information about Titomic and
Slide 3: Executive summary
Executive summary Titomic has been on a recent journey of foundational growth and transformation For personal use only • Titomic Kinetic Fusion® drives our high-pressure solutions and our ability to cold spray high end metals for Core technology component manufacturing • Suite of low and medium pres
Slide 4: Titomic primed for commercial growth
Titomic primed for commercial growth At the centre of Titomic’s business is Titomic Kinetic Fusion® our, innovative, patented cold spray technology Two clearly defined business operations transforming multi-billion-dollar industries, being: For personal use only • Additive metal manufacturing for hi
Slide 5: Technology Overview
For personal use only Technology Overview
Slide 6: Titomic's cold spray process
Titomic’s cold spray process At the centre of Titomic’s business is Titomic Kinetic Fusion® - our innovative, patented cold spray technology. Key attributes of the TKF Process Robotic High-Pressure System for Additive Manufacturing For personal use only Speed • Up to 3x faster than other Additive Ma
Slide 7: Titomic Kinetic Fusion enabling new capabilities for high-value industries
Titomic Kinetic Fusion® enabling new capabilities for high-value industries Put simply, the inherent characteristics of Titomic Kinetic Fusion® - a high-speed, no-melt metal deposition method – are enabling novel and improved processes for coatings, manufacturing, and repairs of metal parts. These c
Slide 8: Offering diverse, versatile cold spray systems
Offering diverse, versatile cold spray systems Titomic offers the world’s largest and most diverse product line of cold spray systems, offering novel capabilities for many industries. This includes handheld coatings and repairs, all the way through to advanced additive manufacturing for aerospace an
Slide 9: Offering diverse, versatile cold spray systems
Offering diverse, versatile cold spray systems Titomic offers the world’s largest and most diverse product line of cold spray systems, offering novel capabilities for many industries. This includes handheld coatings and repairs, all the way through to advanced additive manufacturing for aerospace an
Slide 10: Component Manufacturing
For personal use only Component Manufacturing
Slide 11: Clearly defined business operations with multiple revenue streams
Clearly defined business operations with multiple revenue streams Component Manufacturing Contract manufacturing of armaments, tooling and additive manufactured structures targeting the global ballistics, aerospace and For personal use only armaments sectors Titanium Ring Partially machined Titanium
Slide 12: Commercial benefits of Titomic cold spray
Commercial benefits of Titomic cold spray Titomic’s manufacturing process has many advantages over traditional forging & casting, which also enables integration into supply chains within the aerospace, defense, oil & gas, maritime and energy sectors. The below statistics relate to cold spray benefit
Slide 13: Commercial focus – component manufacturing
Commercial focus – component manufacturing Titomic aims to become a trusted supplier of high-performance metal components, serving world- leading aerospace and defense companies. Titomic has generated significant demand in FY2024 from global aerospace and defense primes, including Boeing and Airbus
Slide 14: Coating & Repair
For personal use only Coating & Repair
Slide 15: Cold spray repair and coating
Cold spray repair and coating Titomic’s ultimate value proposition is to extend the life of assets that would be expensive to replace, both upfront and in terms of opportunity cost Repair Functional Coatings For personal use only Value Proposition Value Proposition 1. Unique material solutions for r
Slide 16: Introducing the D623
Introducing the D623 Titomic offers the world’s largest and most diverse product line of cold spray systems, offering Cutting edge capability novel capabilities for many industries. This includes handheld coatings and repairs, all the way through to advanced additive manufacturing for aerospace and
Slide 17: The D623 is successfully in market
The D623 is successfully in market Working with leading companies, Titomic has successfully introduced the For personal use only D623 for university R&D and education, and aerospace MRO New system, new clients, and new capabilities. 17
Slide 18: Commercial focus – coating and repair
Commercial focus – coating and repair Titomic aims to further expand our installed base of low and medium pressure cold spray machines across various industries For personal use only Titomic continues coating and repair market penetration in FY2024 • Global installed base of low pressure and medium
Slide 19: Financial Overview
For personal use only Financial Overview
Slide 20: Strong outlook towards profitability following significant recent success
Strong outlook towards profitability following significant recent success Strong sales pipeline and pathway to For personal use only Date Counterparty Industry/Use Type Value profitability 14 Aug 2024 Undisclosed aerospace and defense prime Defense Sector Undisclosed $577k Left: The last twelve mont
Slide 21: Profit and loss
Profit and loss FY2024 FY2023 % Strong revenue growth in FY2024 Profit & loss highlights (#039;000) (#039;000) Movement whilst maintaining strict cost discipline For personal use only Revenue • Revenue in FY2024 underpinned by sale of a Revenue from customers 5,924 2,619 126% high-pressure cold spray syst
Slide 22: Balance sheet
Balance sheet FY2024 FY2023 % Clean balance sheet ready for growth Balance sheet highlights (#039;000) (#039;000) Movement • Inventories includes raw materials, work in progress For personal use only Cash and cash equivalents 2,729 1,471 (WIP) and finished goods and reflects material WIP Trade and other r
Slide 23: Cash flows
Cash flows FY2024 FY2023 Improved operational cash flow performance Cash flow highlights (#039;000) (#039;000) • Improved operational cash flows reflective of increased For personal use only Receipts from customers 6,305 3,640 revenues from customers as well as disciplined cost Payments to suppliers and e
Slide 24: Summary
For personal use only Summary
Slide 25: Unlocking Titomic's potential
Unlocking Titomic’s potential Large & expanding market • Strong tailwind with global defense and aerospace market set to grow by 41% to 20281 • Strong tailwind with global cold spray market anticipated to reach $2.6 billion by 20302 For personal use only • Set to scale globally across aerospace, def
Slide 26: Leadership with proven industry experience
Leadership with proven industry experience Nearly two centuries of cold spray experience across the staff and board For personal use only Board of Directors Dag W.R. Stromme Humphrey Nolan Mira Ricardel Richard Willson Dr. Andreas Schwer Chair of the Board Non-Executive Director Non-Executive Direct
Slide 27: Our growing, trusted global customer base
Our growing, trusted global customer base For personal use only 27
Slide 28: Appendix
For personal use only Appendix
Slide 29: Australian origins, global ambitions
Australian origins, global ambitions Australian Origins United States of America Market Engagement • Titomic Kinetic Fusion technology was co-developed with • Titomic operates a US specific subsidiary - required to engage For personal use only Australia’s preeminent science body, the Commonwealth US
Slide 30: Cold spray additive manufacturing (CSAM)
Cold spray additive manufacturing (CSAM) Value Proposition 1. Fast production of affordable near-net shape parts from Inconel, Titanium, Stainless steel and more. (Build at 4-6kg per hour, compared to kilograms per day in melt-based methods) Proven to be effective in aerospace and For personal use o
Slide 31: Cold spray market expected to grow
Cold spray market expected to grow For personal use only R NACE Study Estimates Global Cost of Corrosion at $2.5 trillion annually. Mar 22,2017 by NACE international 31
Slide 32: Taking our technology to the world
Taking our technology to the world Global production, supply and service network to meet our customer’s needs with 10 resellers across USA, Asia and Europe For personal use only Titomic Europe Titomic-Repkon Joint Venture Titomic USA Aerospace & Defense Lead, Dr. Patti Dare and team. Titomic Head Of
Slide 33: For further information
For personal use only FOR FURTHER INFORMATION TITOMIC LIMITED (ASX:TTT) REIGN ADVISORY PTY LTD e: investors@titomic.com p: +61 2 9174 5388 e: TTT@reignadvisory.com Titomic Limited, Ground Floor 365 Ferntree Gully Road, Mount Waverley, Victoria 3149, Australia PO Box 225, Mount Waverley, Victoria 314