Highcom Limited · ASX:HCL
Highcom — Shareholder Meeting (November 2022)
10 slides from Highcom's shareholder meeting presentation, Nov 25, 2022
Slide 1: XTEK Ltd AGM Presentation
XTEK LTD AGM PRESENTATION 25 NOVEMBER 2022 PRESENTED BY: SCOTT BASHAM GROUP CHIEF EXECUTIVE OFFICER
Slide 2: XTEK Group Overview
XTEK GROUP OVERVIEW XTEK GROUP IS AN ASX LISTED INTERNATIONAL DEFENCE INDUSTRY COMPANY. THE GROUP OPERATES AS TWO DISTINCT DIVISIONS – BALLISTICS & TECHNOLOGY. BALLISTICS DIVISION (HIGHCOM) TECHNOLOGY DIVISION Focused on designing, manufacturing, and supplying global Focused on manufacturing and sup
Slide 3: FY22 Highlights
FY22 HIGHLIGHTS • Restructuring activities undertaken in H1 FY22 have sharply refocused business on to its core capabilities, that has delivered success in H2 FY22, and continues in FY23. • Contracted orders in hand on 30 June 22 totaled $45m (77% of FY22 revenue), including US$22m of prepaid revenu
Slide 4: XTEK Limited Corporate Snapshot
XTEK LIMITED CORPORATE SNAPSHOT Capital Structure (24 Nov 22) Shares Outstanding 101,761,703 0.7 4.50 Share Price A$0.585 4.00 Market Capitalisation A$59m 0.6 12 Month Share Price Range A$0.165 – A$0.60 3.50 Cash & Borrowings (30 Jun 22) 0.5 Cash Balance A$36.2m 3.00 Traded Volume (millions) Share P
Slide 5: FY22 Results Summary
FY22 RESULTS SUMMARY Summary Income Statement Revenue (A$m) 70.0 50% FY22 FY23 45% Revenue A$m 28.3 58.2 60.0 58.2 40% COGS A$m (20.2) (30.7) 50.0 35% Gross Profit A$m 8.1 27.4 30% 40.0 42.7 Gross Margin % 29% 47% 25% 37.9 Operating Costs A$m 11.1 17.4 30.0 20% 28.3 Underlying EBITDA A$m (3.04) 11.5
Slide 6: Strategic Growth Strategy
XTEK STRATEGIC GROWTH SRATEGY THE GROUP HAS A LASER SHARP FOCUS ON OUR CORE MARKETS AND CUSTOMERS, AND A CLEAR STRATEGY FOR CONTINUED GROWTH AND SUCCESS: REINFORCE SUCCESS SEEK ADJACENCIES CREATE OUR FUTURE Invest in the areas of our business Find new business opportunities that Invest in organic an
Slide 7: Global Macro Tailwinds
GLOBAL MACRO TAILWINDS The Group believes that the current growth trend being experienced by the business for the advanced, life saving, personal ballistic protection equipment it makes, and the world leading reconnaissance and surveillance UAVs and UGVs it supplies, will continue for the foreseeabl
Slide 8: H1 FY23 Forecast & FY23 Outlook
H1 FY23 FORECAST & FY23 OUTLOOK Opportunity Pipeline At the end of FY22, the Group had an opportunity pipeline of leads at various stages of qualification worth more than $130m: • Technology Division is progressing multiple ANZ SUAS related opportunities valued in excess of $30m and has expectations
Slide 9: XTEK Ltd | AGM Presentation 2022
XTEK LTD | AGM PRESENTATION 2022 9
Slide 10: Disclaimer
DISCLAIMER This presentation is given on behalf of XTEK Limited (XTEK) 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 XTEK. Certain statements in this document regarding the C