Audinate Group Ltd. · ASX:AD8
Audinate — Investor Presentation (June 2019)
21 slides from Audinate's investor presentation, Jun 6, 2019
Slide 1: Capital Raising Presentation
Audinate Group Limited Capital Raising Presentation 6 June 2019
Slide 2: Disclaimer and Important Notice
Disclaimer and Important Notice Summary Information Not an Offer This presentation has been prepared by Audinate Group Limited ACN 618 616 916 (“Audinate” or the “Company”). It is intended This presentation is not a prospectus, disclosure document or offering document under Australian law (and will
Slide 3: Disclaimer and Important Notice
Disclaimer and Important Notice Acceptance Financial Data By attending an investor presentation or briefing, or accepting, accessing or reviewing this document you acknowledge and agree All financial information in this presentation is in Australian Dollars ($ or AUD) unless otherwise stated. to the
Slide 4: Offer
Section 1 Offer 4 Capital Raising Presentation
Slide 5: Capital Raising Summary
Capital Raising Summary Audinate Group Limited (“Audinate” or “the Company”) is raising : • A$20.0 million in a Placement to professional and sophisticated investors; and Capital Raising • Up to A$4.0 million in a Share Purchase Plan to all existing eligible shareholders Audinate intends to utilise
Slide 6: Placement and SPP details
Placement and SPP details • Unconditional Placement of approximately 2.86 million new ordinary fully paid shares (“New Shares”) at A$7.00 per security (“Offer Price”) to raise A$20.0 million (“the Offer”). Placement • New Shares issued under the Placement will rank pari passu with existing ordinary
Slide 7: Timetable
Timetable Indicative Placement timetable Date Settlement of New Shares issued under the Placement Wednesday, 12 June 2019 Allotment and normal trading of New Shares issued under the Placement Thursday, 13 June 2019 Indicative SPP timetable Date Record date for shareholders to participate in SPP 7.00
Slide 8: Proposed Use of Funds
Proposed Use of Funds 1 Expand global sales penetration – accelerate sales, marketing and training footprint across new product markets and geographies 2 Accelerate recent product initiatives – expand product range of Dante AVIO adapters and Dante AV and shorten time-frame for Dante software impleme
Slide 9: Company
Section 2 Company 9 Capital Raising Presentation
Slide 10: Audinate - Pioneering the future of AV
Audinate - Pioneering the future of AV Products World-leading supplier Growing network effect with of digital audio number of Dante-enabled Audinate’s core technology, called Dante, distributes audio signals networking for the products in market across computer networks Professional AV industry 2,00
Slide 11: Competitive landscape – Networked Audio Products
Competitive landscape – Networked Audio Products Total products per protocol(1) 2,000 products at 30.5.19 2000 1800 1639 Audinate is the clear global 1600 Number of Products market leader compared to 1400 competing audio networking 1200 solution providers 916 1000 Dante more than five times the 800
Slide 12: Increasing OEM customer adoption: pipeline for growth
Increasing OEM customer adoption: pipeline for growth OEM customers 221 228 218 212 205 202 194 193 176 179 179 158 158 146 142 131 106 92 8 9 9 11 13 14 15 15 15 1H15 2H15 1H16 2H16 1H17 2H17 1H18 2H18 1H19 Parent licensees OEMs shipping Dante enabled products OEMs developing first Dante product •
Slide 13: Core business growth strategy
Core business growth strategy Increase the number of OEMs adopting Dante Increase penetration of Dante throughout each OEM brand’s product portfolio Increase market awareness of Dante products Educate end users, system designers Encourage existing OEM customers to Continue to sign new OEM partner an
Slide 14: Growth Drivers
Growth Drivers Robust core audio networking business • Market leadership position in digital audio networking • 2,000 products shipping from 228 manufacturers, and growing • Strong pipeline of Dante from 212 manufacturers yet to ship first product • Continued conversion from analogue connected syste
Slide 15: Other
Section 3 Other 15 Capital Raising Presentation
Slide 16: Risks
Risks This Section describes some of the potential material risks associated with Audinate’s business, the industry in which Audinate operates and the risks associated with an investment in Shares. Audinate is subject to a number of risks, both specific to the Company’s business activities and of a
Slide 17: Risks
Risks General Risks Share Price and Volume Fluctuations Specific Risks Audinate, as a publicly listed company on the ASX, is subject to general market risks applicable to all securities listed on a stock exchange. This may result in fluctuations in the share price that are not explained Launch of ne
Slide 18: Risks – Specific Risks (continued)
Risks Specific Risks (continued) Competition risk Ability to attract and retain key personnel Audinate competes against other audio networking companies. Some of Audinate’s existing and potential The Group’s continued success depends on being able to hire and retain highly skilled and experienced em
Slide 19: Foreign Selling Restrictions
Foreign Selling Restrictions This document does not constitute an offer of New Shares in any jurisdiction in which it would be unlawful. New Zealand In particular, this document may not be distributed to any person, and the New Shares may not be offered This document has not been registered, filed w
Slide 20: Foreign Selling Restrictions
Foreign Selling Restrictions United Kingdom Neither this document nor any other document relating to the offer has been delivered for approval to the Financial Conduct Authority in the United Kingdom and no prospectus (within the meaning of section 85 of the Financial Services and Markets Act 2000,
Slide 21: Thank you
Thank you 21 Capital Raising Presentation