Slide 1: Acusensus – intelligent eyes
OQCUSENSUS intelligent eyes
Slide 2: Disclaimer
2 DISCLAIMER This presentation has been prepared by and is being issued by Acusensus Limited (ASX:ACE) ( Company or Acusensus ) for information purposes only. Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set out below. The inf
Slide 3: 1H FY2023 Investor Presentation
3 1H FY2023 Investor Presentation ``
Slide 4: Acusensus pioneers intelligent solutions for road safety challenges
4 Acusensus pioneers intelligent solutions that can be rapidly deployed to address road safety challenges. Collaborating with governments and commercial stakeholders to tackle distracted driving globally is our first priority.
Slide 5: Acusensus Overview
5 ACUSENSUS OVERVIEW Acusensus saves lives on road networks by encouraging behaviour change through high-tech enforcement approaches. 1 World’s first provider of AI and advanced cameras to detect and enforce illegal mobile phone usage. The mobile phone distracted driving enforcement market was estim
Slide 6: Snapshot
6 SNAPSHOT Key operating and financial metrics
Slide 7: Key customer metrics
7 SNAPSHOT Key customer metrics 20+ Revenue Clients To Date Commercial engagements across 5 continents Simultaneous enforcement modes, targeting a source of 2 in 3 road fatalities 5 5 Multi-year State/ Territory Government • Mobile phone distraction Contracts • Seat belt Long term annual recurring r
Slide 8: 1H FY23 Financial Performance
8 1H FY23 FINANCIAL PERFORMANCE Acusensus has performed strongly over the first half and expects to exceed IPO Prospectus forecast Revenue and EBITDA. 1HY 2023 Revenue 1HY 2023 Net Profit AT $19.8 million $ 0.1 million 1HY 2022: $10.3m 92% 1HY 2022: $(0.9)m ASX IPO January 2023 1HY 2023 Gross Margin
Slide 9: Post-IPO Announcements
9 POST-IPO ANNOUNCEMENTS Acusensus has secured new revenue from the following contracts: • Existing contract varied to provide roadside signage for NSW Mobile Speed Camera all mobile speed camera deployments (signs positioned contract variation before and after vehicles) • Revenue commenced January
Slide 10: Post-IPO Announcements
10 POST-IPO ANNOUNCEMENTS Acusensus has secured new revenue from the following contracts: • Minimum 5-year term, with options for up to 2 further years QLD Transportable Speed • Estimated contract value over initial 5-year term of Enforcement Contract awarded approximately $11.7m (including GST) • S
Slide 11: Half Year Historical Comparatives
11 HALF YEAR HISTORICAL COMPARATIVES $M Revenue $M $M Gross Profit $M $M EBITDA $M 20 19.8 10 50.0% 4 50.0% 18.3 45.1% 18 9 45.0% 45.0% 42.5% 3.5 8.3 8.4 3.3 16 8 40.9% 40.0% 40.0% 3 14 7 35.0% 35.0% 2.5 12 6 30.0% 30.0% 2.2 10.3 10 5 25.0% 2 25.0% 4.2 8 4 20.0% 20.0% 1.5 18.0% 6 3 15.0% 15.0% 1 4 2
Slide 12: Financial Overview
—_ FINANCIAL OVERVIEW OCUSENSUS
Slide 13: Profit & Loss Pro Forma
13 PROFIT & LOSS PRO FORMA ($000) 1H FY23A 1H FY22A Var % Per comparable period (PCP) Pro forma Pro forma Pro forma Actual Actual 1H FY23 revenue up $9.5m, 92% driven by: Revenue 19,838 10,329 92% • Full 6 month period contribution from QLD mobile Gross profit 8,437 4,220 100% phone/seatbelt contrac
Slide 14: Profit & Loss Pro Forma vs IPO forecast
14 PROFIT & LOSS PRO FORMA ($000) 1H FY23A 1H FY23F Var % Comparison to IPO prospectus forecast Pro forma Pro forma Pro forma Actual IPO f’cast Revenue 19,838 18,904 5% • 1H FY23 Pro forma actual revenue was 5% higher than 1H FY23 IPO prospectus forecast Gross profit 8,437 8,008 5% due to earlier th
Slide 15: Pro Forma Cash Flow Statement
15 PRO FORMA CASH FLOW STATEMENT ($000) 1H FY23 1H FY22 • Non-cash items in EBITDA include share-based Pro forma Pro forma EBITDA 2,160 388 payments and impairment of property, plant and Non-cash items in EBITDA 419 - Change in working capital (3,221) (2,554) equipment. Net finance costs (41) (18) N
Slide 16: Pro Forma Financial Position
16 PRO FORMA FINANCIAL POSITION Pro forma actual @ Pro forma historical @ ($000) 31-Dec-22 30-Jun-22 • Cash and cash equivalents of $21.0m provide cash Cash and cash equivalents 21,000 25,486 Cash and cash equivalents - restricted 1,252 1,252 reserves to fund growth and product development. Trade an
Slide 17: Profit & Loss Statutory
17 PROFIT & LOSS STATUTORY ($000) 1H FY23A 1H FY22A Var $ Var % Revenue 19,838 10,329 9,509 92% Gross profit 8,437 4,220 4,217 100% Gross profit margin 42.5% 40.9% 1.6% Overheads 6,612 3,454 (3,158) (91)% EBITDA 1,825 766 1,059 138% EBITDA margin 9.2% 7.4% 1.8% Finance costs 41 18 (23) Depreciation
Slide 18: Company Overview
COMPANY OVERVIEW (@ acusensus
Slide 19: Multi-Function Enforcement Solution
19 MULTI-FUNCTION ENFORCEMENT SOLUTION Acusensus has successfully developed, manufactured, deployed and operated a solution for a full-scale enforcement program targeting the causes of 2 in 3 road deaths Seatbelt Point Speed Average Speed Unregistered Distraction
Slide 20: Global Burden of Driver Behaviour
20 GLOBAL BURDEN OF DRIVER BEHAVIOUR
Slide 21: Global Burden of Driver Behaviour
21 1.3 million people die and up to 50 million each year are injured from road traffic crashes1. GLOBAL BURDEN Road trauma has historically been the OF DRIVER BEHAVIOUR leading cause of death for ages 1-44 2. Road crashes typically reduce Acusensus provides distracted driving GDP by 3% 3. and traffi
Slide 22: Distraction – The 'Drink Driving' of Our Age
22 DISTRACTION – THE ‘DRINK DRIVING’ OF OUR AGE 1% - 4% of drivers using a phone across a typical road network at any given time2, an illegal act in most countries3, with those drivers being 4x more likely to crash1. 2005 2007 2009 2011 2013 2015 2017 2019 2021 Active iPhone Units USA Road Fatalitie
Slide 23: Driving Change, Saving Lives
23 DRIVING CHANGE, SAVING LIVES Road fatalities per 100,000 per annum, NSW compared with rest of Australia Since the introduction of the NSW Mobile Phone Detection Camera Program to target driver distraction, there has been: • a sixfold reduction in camera detected mobile phone offences 1 • a strong
Slide 24: Acusensus Technology Solution
24 ACUSENSUS TECHNOLOGY SOLUTION
Slide 25: Acusensus Heads-Up
25 ACUSENSUS HEADS-UP Designed to give authorities an effective tool to detect the illegal use of mobile phones whilst driving and other illegal driver behaviour, to drive behavioural change on the road network. Advanced automated Consistent all-weather solution recognition system minimises false po
Slide 26: AI Technology
26 AI TECHNOLOGY Privacy Controls • Enable real world data to be used for AI training while upholding the highest protections for privacy and data Real World Data • Existing fleet of fixed and trailer systems generating real world data 24/7 New AI Models AI • High performance Improvements • Generali
Slide 27: Customers and Growth
27 CUSTOMERS AND GROWTH
Slide 28: Pilots and Demonstrations
28 PILOTS AND DEMONSTRATIONS Acusensus has a well-developed pipeline of opportunity with current pilot performance meeting expectations COUNTRY SERVICE AUSTRALIA Speed, Phone, Railway, Seatbelt NEW ZEALAND Mobile phone, Seatbelt INDIA Mobile phone, Speed SOUTH AFRICA Mobile phone BELGIUM Mobile phon
Slide 29: Material Contracts
29 MATERIAL CONTRACTS Service Client Service Term of Contract Scope of Operations Commencement Project Orders can be made over State-wide deployment of Mobile Phone Enforcement a 2-year term + 1 year + 1 year. December Transport for NSW fixed and transportable Framework Contract Both options exercis
Slide 30: Growth Strategy
GROWTH STRATEGY Acusensus key growth priority is to continue to roll-out its distracted driver technology globally and take advantage of its first mover advantage ACUSENSUS INTENDS TO GROW BY: TO EXECUTE THE GROWTH STRATEGY THE COMPANY WILL: Capitalizing on a ‘first mover advantage’ to secure Invest
Slide 31: Revenue Model
31 REVENUE MODEL Flexible model to cater for various contract Revenues for Acusensus are generated from a number of sources including: structures to work with customers to find a • Licence fees – for the use of the Company’s products and solution to suit their specific requirements intellectual prop
Slide 32: www.acusensus.com | info@acusensus.com
www.acusensus.com | info@acusensus.com https://www.linkedin.com/company/acusensus ACUSENSUS LIMITED Level 6, 31 Queen Street Melbourne VIC 3000 Phone: 1300 214 697