Slide 1: Company Overview
For personal use only Company Overview Presenter Scott Basham HighCom Group CEO 5 December 2023
Slide 2: Our Name Has Changed!
Our Name Has Changed! • On 24 Nov 23, XTEK Ltd (ASX:XTE) became HighCom Ltd (ASX:HCL). • Shareholders strongly supported (99.1%) change at 23 Nov 23 AGM. For personal use only • XTEK Group now known as HighCom Group • Technology Division has become HighCom Technology • Ballistics Division has become
Slide 3: Group Overview
GROUP OVERVIEW Highcom Group is comprised of HighCom Ltd (ASX:HCL), and its two distinct businesses – HighCom Armor & HighCom Technology. For personal use only HighCom Armor HighCom Technology Designs, manufactures, and supplies global Supplies Australian Defence and Security Agencies military, law
Slide 4: HighCom Limited Corporate Snapshot
HighCom Limited Corporate Snapshot Capital Structure (4 December 23) Shares Outstanding 102,682,672 For personal use only 12 Month Share Price Range A$0.27 – A$0.765 Cash Balance & Borrowings (30 June 23) Cash Balance A$6.9m “The HighCom Board and Borrowings A$ Nil Management comprises Directors Sen
Slide 5: FY23 Results – Key Highlights
FY23 Results – Key Highlights Record Record Record Record Cash Balance For personal use only Revenue Gross Profit EBITDA NPAT (No Debt / $4.9m Facilities) $89.4m $33.7m $10.9m $6.1m $6.9m Increased by 54% Up from $27.4m Up from $9.0m Up from $5.7m Down from $36.2m Revenue (A$m) Divisional Revenue At
Slide 6: Technology Overview
HighCom Technology Overview Exclusively supplies, integrates, trains, and supports Small Uncrewed Aerial Systems (SUAS) and Sensor Payloads from world-leading US based drone company AeroVironment across the ANZ region. For personal use only Major Customer: Australian Department of Defence Co-located
Slide 7: Technology Service Support Offerings
HighCom Technology Service Support Offerings For personal use only We provide local Program, Project and Engineering Management, Systems Integration, Maintenance, Composite Repairs, and Logistics Support Services, that deliver regular profitable recurring revenues. We continue to support the Austral
Slide 8: Technology Activity YTD FY24
HighCom Technology Activity YTD FY24 • Received $3.4m SUAS Spare Parts Order from Defence on 12 Jul 23. • Spares used for “WASP” fleet under existing multi-year Support Contract. For personal use only • Received 10 year / ~$110m Support Contract from Defence on 3 Oct 23. • Contract directly linked t
Slide 9: Armor Overview
HighCom Armor Overview Designs, manufactures, and supplies world-class, advanced Body Armour, Ballistic Helmets, Shields, and Armour Panels & Platform Structures. For personal use only Key Customers: Global militaries, and US law enforcement, national security, and first responders. Locations: • Glo
Slide 10: Unique XTclave Relocation to USA
Unique XTclave Relocation to USA • Our XTclave & R&D capabilities are being relocated to HighCom Armor facility in Columbus, OH, USA. For personal use only • Adelaide Manufacturing & R&D to close by End Dec 23. • Relocation is already well underway, and move is expected to be completed during Q1 202
Slide 11: Armor Activity YTD FY24
HighCom Armor Activity YTD FY24 • Currently running at ~A$2m in monthly “run rate” bookings. • In addition to that, YTD in FY24, HighCom Armor has also announced For personal use only $12.4m of new Ballistic Armour orders: • A$2.6m on 17 Jul 23 • A$3.2m on 29 Sep 23 • A$2.2m on 12 Oct 23 • A$1.6m on
Slide 12: Group Strategic Growth Plan
Group Strategic Growth Plan The Group continues to execute on our clear strategy for growth and continued profitability: For personal use only • Reinforce Success – Invest in the areas of our business that have been successful and have potential for continued enhancement and growth. • Seek Adjacenci
Slide 13: Global Tailwinds Continue in FY24
Global Tailwinds Continue in FY24 • Tailwinds are being driven by the war in Europe, continuing tensions in the South China Sea, and the war now underway in the Middle East. For personal use only • Instability continues to drive both short-term demand, and long-term investment to upgrade with next g
Slide 14: FY24 Key Execution Priorities
FY24 Key Execution Priorities • Relocating our XTclave & R&D capabilities and consolidating all of our manufacturing capabilities in the US in Q1 2024. For personal use only • Launching new range of lightweight “contoured” body armour. • Growing our presence in the Panel & Platform Armour vertical a
Slide 15: FY24 Opportunity Pipeline & Outlook
FY24 Opportunity Pipeline & Outlook The Group has an opportunity pipeline of leads at various stages of qualification worth more than $375m: For personal use only • HighCom Technology – is pursuing multiple drone related Acquisition & Support Contract opportunities across the region valued >$75m; •
Slide 16: For personal use only
For personal use only 16 XTEK LTD | AGM RESENTATION
Slide 17: Disclaimer
DISCLAIMER This presentation is given on behalf of HighCom Limited (HighCom) For personal use only Information in this presentation is for general information purposes only, and is not an offer or invitation for subscriptions, purchase of recommendation of securities in HighCom. Certain statements i