Dug Technology Ltd · ASX:DUG
Dug Technology — Shareholder Meeting (November 2023)
16 slides from Dug Technology's shareholder meeting presentation, Nov 23, 2023
Slide 1: DUG Technology Annual General Meeting
DUG Technology Annual General Meeting Thursday 23rd November 2023 4.00pm AWST dug.com 1
Slide 2: Meeting format
Meeting format 1. Chairman’s address 2. Managing Director’s address 3. Formal business Item 1: Financial Statements and Reports Item 2: Resolution 1 – Adoption of Remuneration Report Item 3: Resolution 2 – Re-election of Ms Louise Bower as a Director Item 4: Resolution 3 – Approval to Issue Zero Exe
Slide 3: Directors
Directors Mr Francesco Sciarrone BCom Dr Matthew Lamont PhD Ms Louise Bower HBCompt, CA Mr Mark Puzey FCA, FAICD, CGEIT INDEPENDENT NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR INDEPENDENT NON-EXECUTIVE DIRECTOR Over the past 35 years Mr Sciarrone has held Co-founder and Managing
Slide 4: Chairman's address
Chairman’s address Mr Frank Sciarrone BCom INDEPENDENT NON-EXECUTIVE CHAIRPERSON dug.com 4
Slide 5: Managing Director's address
Managing Director’s address Dr Matthew Lamont PhD FOUNDER AND MANAGING DIRECTOR dug.com 5
Slide 6: Making waves
Making waves REVENUE EBITDA PROFIT AFTER TAX US$50.9 million US$15.1 million US$4.9 million (FY22: US$33.8 million) (FY22: US$2.8 million) (FY22: loss of US$9.3 million) SERVICES ORDER BOOK OPERATING CASH INFLOWS NET CASH POSITION AS AT 30 JUNE 2023 US$13.4 million US$5.2 million US$27.9 million (FY
Slide 7: Making waves - update
Making waves - update o Services order book of US$47.1 million at 30 September 2023 including a significant portion of MP-FWI projects. o Sales pipeline shows no signs of slowing down. Q1 FY2024 operating performance REVENUE o EBITDA impacted by constrained compute PROFIT AFTER TAXresources. US$50.9
Slide 8: Our 20-year journey
Our 20-year journey 2007 2019 2023 Record financial 2003 Kuala Lumpur Enterprise Data performance DUG founded office Centre Design Award 2013 London office 2009 2016 2006 Houston DUG Cool First major office 2020 discovery Listed on ASX dug.com 8
Slide 9: The next 12 months
The next 12 months o A DUG executive is opening an office in Abu Dhabi in early 2024. o Presence to be established in India. o Presence to be established in Brazil (following completion of a large SW deal). o DUG in planning stages of strengthening presence in Vietnam, Oman and Saudi Arabia. Active
Slide 10: Multi-parameter FWI Imaging
Multi-parameter FWI Imaging o DUG R&D has revolutionised seismic data processing with Multi-parameter Full Waveform Inversion (FWI) Imaging o Replaces traditional processing & imaging workflows o Superior results in significantly shorter timeframes o ~10% of the time—from 12 months to approximately
Slide 11: Multi-parameter FWI Imaging Update
Multi-parameter FWI Imaging Update o Following a significant R&D campaign, DUG has now been offering Multi- parameter FWI for >18 months. o DUG’s competitors are not offering an equivalent solution (that we are aware of). DUG has the advantage. o Sudden influx of projects in July 2023 (following a l
Slide 12: Global MP-FWI Imaging projects
Global MP-FWI Imaging projects dug.com 12
Slide 13: Introducing DUG Nomad
Introducing DUG Nomad 10 ft prototype Also in 20 & 40 ft variants Self-contained, modular HPC - in a sea container - deployable anywhere in the world Tough, rugged, mobile, green dug.com 13
Slide 14: Introducing DUG Nomad
Introducing DUG Nomad o Based on DUG Cool, our immersion cooling technology. o Significant interest in DUG’s new “Edge” HPC solution in all three key markets: o National Security and Space o Oil & Gas o Enterprise o Prototype is complete. dug.com 14
Slide 15: In summary
In summary High Performance Software Services Computing (HPC) o Analytic software development o Data science & management o Powerful, bare-metal compute & storage o Algorithms and optimisation o Geoscience & seismic data o Complete, integrated HPC environment o Big data processing and visualisation
Slide 16: dug.com
dug.com facebook.com/TeamDUG linkedin.com/company/teamdug twitter.com/Team_DUG youtube.com/DugeoOnline investor@dug.com +618 9287 4100 dug.com 16