Slide 1: Corporate Update & Investor Presentation
ASX ANNOUNCEMENT COMPANY ANNOUNCEMENT Corporate Update & Investor Presentation On behalf of the Board of ImExHS Limited [ImExHS, ASX: “IME”], Management and shareholders, it is a great pleasure to update all key stakeholders on operations following the successful acquisition of Imaging Experts Healt
Slide 2: About ImExHS
ASX ANNOUNCEMENT COMPANY ANNOUNCEMENT ABOUT IMEXHS ImExHS [ASX: IME] is a leading imaging IT provider in Latin America. Since founded in 2012, ImExHS has become to be one of the leaders of the Imaging Latin America market, offering flexible and scalable imaging solutions. Hiruko, the ImExHS solution
Slide 3: Medical Imaging Software Corporate Presentation
ASX:IME Medical Imaging Software Corporate Presentation 1 /
Slide 4: Disclaimer
Disclaimer The information contained in this Presentation or subsequently provided to the Recipient of this Presentation, whether orally or in writing by or on behalf of ImExHS Limited or its respective employees, agents or consultants (“Information”) is provided to the Recipient on the terms and co
Slide 5: Company Highlights
Company Highlights • Expansion into neighbouring LATAM countries with low • Next generation Radiology and Imaging Software platform risk go-to-market strategy • Established in 2012 • First collaboration in Australia operating in 2018 • Operations in Colombia, Mexico, Costa Rica, Ecuador and Peru • A
Slide 6: Overview – Pro-Forma
Overview Revenue – 5 Years OVERVIEW – PRO-FORMA Issue Price $0.025 Market Capitalisation $23.1m Cash (Pro-forma) $7.15m $AUD Shares on Issue 925.6m - Quoted 395.6m - Escrowed (12 to 24 months) 530m Milestone Options (2 Tranches) 100m Options 130m 4 /
Slide 7: Total Contracted Value and Annualised Recurring Revenue
Total Contracted Value Annualised Recurring Revenue Total Contracted Value Annualised Recurring Revenue (AUD) (AUD) $12,000,000 $3,000,000 $10,000,000 $2,500,000 $8,000,000 $2,000,000 $AUD $AUD $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000 $500,000 $0 $0 June 13 June 14 June 15 June 16 June
Slide 8: Board & Key Management
Board & Key Management DR. GERMAN ARANGO CARLOS PALACIO Howard Digby Andrew Lilley CEO, Director Non-Executive Director Chairman Non-Executive Director Professor of Neuro-Radiology Founder and CEO of CrossPoint Company Director Company Director • Entrepreneur with > 10 years Telecommunications • 25
Slide 9: Investment Overview
Investment Overview DE-RISKED High margin contracted future revenues DE-RISKED LEADING Next generation workflow and image management solution for healthcare facilities, built by radiologists, TECHNOLOGY for radiologists Successfully demonstrated market penetration into Mexico, Ecuador, Peru and Cost
Slide 10: Market Overview
Market Overview • Escalating healthcare costs in all markets are driving demand for cost effective solutions GEOGRAPHY MARKET (US$m)1 GROWTH (CAGR)1 • Large percentage of radiology systems in developing LATAM 417 8.1% countries use archaic analogue work flows, creating churn event opportunity to mig
Slide 11: Market Opportunity - Immediate
Market Opportunity - Immediate TOTAL HOSPITALS - PUBLIC VS PRIVATE Immediate Target Market LATAM and Brazil 1,987 1,744 1,504 905 3,707 4,423 3,883 3,508 2,715 864 687 987 768 635 COLUMBIA MEXICO ARGENTINA BRAZIL OTHER LATAM USA AUSTRALIA PRIVATE PUBLIC 9 /
Slide 12: What We Do
What We Do ImExHS owns software platform HIRUKO Scan Scheduled via Uploaded to Archived on HIRUKO Manages 1) Business Intelligence HIRUKO HIRUKO Platform cloud-based platform Billing 2) Statistical Data 4. Referring Physician 5. Billing 1. Physician requests 2. Patient receives 3. Radiologist interp
Slide 13: Supporting Radiologists
Supporting Radiologists Hiruko supporting the efficiency and user experience for Radiologists • Radiologists can o work from anywhere, on any device or browser o customise Hiruko to their own requirements and preferences • The fully integrated nature of Hiruko increases both the speed and efficiency
Slide 14: How We Do It
How We Do It Modular Independent System API Enabled Able to grow and scale as scan Hiruko can run on any Easy to integrate with other volumes increase and as new infrastructure - private or public customer or third party systems diagnostic scanners or radiology cloud and even on the to extend its va
Slide 15: Business Model
Business Model Revenue Target Target Distribution Contracts Geographies Verticals Model LATAM HEALTH CARE FACILITIES DIRECT SALES (Now) — — Private Hospitals Global Growth developing 1. Software as a Service (SaaS) branches in each new country 3-5 year contacts (paid monthly) APAC Public Hospitals (
Slide 16: ImExHS Today – Value Proposition & Competitive Advantage
ImExHS Today – Value Proposition & Competitive Advantage Radiology businesses (hospitals & clinics) prefer the Radiologists love the ImExHS Hiruko platform because ImExHS Hiruko platform because: they can: • Exceeds the capability & usability of competing high • Work from anywhere, using any device
Slide 17: ImExHS Today – Customer & Revenue Base
ImExHS Today – Customer & Revenue Base Solutions are fully developed, validated & proven: • ImExHS has deployed >200 sites in LATAM o 71 Hospitals o 180 Clinics o > 35,000 clinical devices o 190 Customers o 5 Countries • > 4.5 million new radiological studies per annum • Used by over 600 Radiologist
Slide 18: ImExHS Today – Channel Partners
ImExHS Today – Channel Partners MEXICO COSTA RICA 1 Distributor – displaced AGFA 2 Distributors, with 3 additional at contract finalization stage. Distributors are major players in market including PANAMA Distributor identified and under negotiation CareStream displacement EL SALVADOR COLOMBIA ImExH
Slide 19: New Product Verticals Commercialisation
New Product Verticals Commercialisation RADIOLOGY Q4 2018 Web MPR & MIP, triangulation tool implemented TESTING DEVELOPMENT PILOT COMMERCIAL H1 2019 Web 3D release RADIOLOGY ANATOMICAL PATHOLOGY Q4 2017 Secured first commercial customer Q3 2018 2nd Pilot test customer commenced PATHOLOGY H2 2018
Slide 20: Artificial Intelligence Research
Artificial Intelligence Research NATURAL LANGUAGE PROCESSING ALGORITHMS BRAVIZ v2.0 Specified pathologies Platform for advanced analytics and visualisation of Predictive Diagnostic alerts neurological images Diagnostic concordance analysis NEW VISUALISATION TOOLS MACHINE LEARNING ALGORITHMS
Slide 21: ImExHS Tomorrow – New Markets
ImExHS Tomorrow – New Markets 2018 2019 Q3 Q4 Q1 Q2 Q3 Q4 LATAM Appoint Brazil Distributor Launch Appoint Other South America Distributor Launch Appoint Other Central America Distributor Launch APAC Appoint Phillipines Philippines Distributor Launch Australia Pilot APAC 2 Release APAC 3 Release NORT
Slide 22: Medical Imaging Corporate Activity
Medical Imaging Corporate Activity January 2018 November 2017 November 2017 May 2017 February 2016 August 2015 UK-private equity Amazon (mkt cap GE Health (mkt cap Permira Healthcare Philips (mkt cap $843bn) partnering $175b) and Partners IBM acquired Truven IBM acquired Merge paid $1.3bn $47bn) and
Slide 23: Public Company Comparables
Public Company Comparables VOLPARA (ASX:VHT) PRO MEDICUS (ASX:PME) ImExHS (ASX:IME) Breast X-ray imaging, Radiology imaging software, Radiology imaging software, Description transitioning to SaaS based strong 5 year contracted High growth SaaS contracts revenue order book based revenue Market Cap ($
Slide 24: Use of Funds Investment Highlights
Use of Funds Investment Highlights DE-RISKED Significant annualised recurring revenue of $2.9m $7,150,000 LEADING TECHNOLOGY Sales & Marketing $3,340,000 Next generation workflow and image management solution for Healthcare Facilities, built by radiologists, FDA approvals / US soft launch $150,0