Slide 1: Spectur Business Update – Investor Briefing
` Spectur Business Update – Investor Briefing ASX Announcement | 27 June 2024 Solar security, sensing and visual AI solutions and platforms company Spectur Limited (ASX: SP3) (“Spectur” or the “Company”) will be holding a live and interactive investor briefing today, Thursday 27 June at 5pm (AEDT).
Slide 2: About Spectur Limited and forward-looking information
lighting, audible warnings and a hardware IoT platform, remotely accessed and connected via 3G/4G or satellite technology to a cloud-based platform. Spectur has nearly 40 employees across Australia and New Zealand, with offices in Brisbane, Sydney, Melbourne, Adelaide, Perth and Auckland. The compan
Slide 3: Spectur Limited Company Update, 27 June 2024
For personal use only Spectur Limited (ASX:SP3) Company Update, 27 June 2024 Presented on InvestorHub at https://investorhub.spectur.com.au/announcements
Slide 4: Disclaimer
Disclaimer This document has been prepared as a summary only and does not contain all information Although the Company believes that its expectations reflected in the forward-looking about Spectur Limited’s (the “Company’s”) assets and liabilities, financial position and statements are reasonable, s
Slide 5: Growing addressable market
Growing addressable market For personal use only • Safety, security and sustainability concerns growing • Hard to find the right people • Technology solutions can complement people in remote, temporary or unwired locations • Technology needs connectivity and power
Slide 6: Vision and mission
VISION: For personal use only Empower safer, smarter and more sustainable communities MISSION: Provide simple, economic solutions for remote, temporary or wireless locations using autonomous sensing, thinking and acting platforms.
Slide 7: Some examples
For personal use only Some examples
Slide 8: What we do is difficult
What we do is difficult For personal use only Whats happening? How it benefits Spectur • Hardware is hard, cycle times long • Fewer competitors, experience counts • Environmental conditions are harsh • Reliability, longevity and performance challenges thin the herd further • Power and connectivity e
Slide 9: Profitable growth strategy
Profitable growth strategy Offerings UVP: Reliable, simple and cost-effective platforms and solutions for Solutions For personal use only end customers and resellers. Enabled by a modular hardware and software sensing, thinking and acting platform • Security • Warning • Sustainability • Safety • Sma
Slide 10: FY24 Performance
FY24 Performance Revenue For personal use only • Total FY24 revenue forecast to be circa $8.2m 1 • $5.3m of annualized recurring revenue Operating cash and balance sheet • Reduced operating cash use to $631k for YTD FY24 (first 11 months) • More than $650k (annualized) removed from operating costs i
Slide 11: Strong sales and pipeline
Strong sales and pipeline • Highest May YTD sales growth rates in Company history (56% May YTD) For personal use only • Substantial forward sales underpinning future revenues • Reseller, OEM and distribution partners all growing • Solarcam coming in Q1 FY25 As at 31 May 2024 Spectur had more than $1
Slide 12: Strategic shifts and emphasis for FY25
Strategic shifts and emphasis for FY25 Sales and Marketing: For personal use only • Marketing integrated Spectur solutions to segments where we can lead. (margin/market dominance) • For commoditized solutions, we have Solarcam. (scale) Technology: • Double down on simplicity, reliability and perform
Slide 13: Market Guidance for FY25
Market Guidance for FY25 Observations For personal use only • Growth in revenues consistent with sales trajectory • Upside could be higher pending conversion rate and timing of sales pipeline Note: 1. Revenue and EBITDA are consolidated 2. EBITDA is “adjusted EBITDA”, defined as earnings before inte
Slide 14: Progression from FY24 to FY25
Progression from FY24 to FY25 Revenue progression For personal use only • Base growth of only 7% in Revenue • Budget case adds 50% of project revenue from conversion of 3 known potential projects in the current sales pipeline. • High case adds to mid case, with 50% of project revenue from conversion
Slide 15: Valued below peers
Valued below peers Valuation is below the database for “tech hardware and equipment” companies under a $100m market cap.2 For personal use only Market capitalisation / Annualised revenue “We look to other surveillance technology companies of similar 4.0 market capitalisation for Spectur’s peers. The
Slide 16: Capital Structure
Capital Structure For personal use only Key Metrics as at 25 June 2024 Top Shareholders (as at 24 June 2024) Share Trading Information APPWAM Pty Ltd 13.24% ASX code SP3 Jomaho Investments Pty Ltd 3.75% Listed on ASX 01/08/2017 Coastalwatch Holdings Pty Ltd 3.01% Current share price $0.017 Sandhurst
Slide 17: Summary
Summary We are a growing and soon to be profitable technology stock, with an appropriately de-risked balance sheet, leaner For personal use only operations and solid sales backlog and pipeline. Compelling and proven value proposition Undervalued relative to ASX peers Accelerating performance and sal
Slide 18: Contact Us
Contact Us For personal use only Investor enquiries Spectur Limited (ASX:SP3) Gerard Dyson MANAGING DIRECTOR investors@spectur.com.au