Batm Advanced Communications Ltd. · LSE:BVC
Batm Advanced Communications — H1 2026 Earnings Presentation
18 slides from Batm Advanced Communications's earnings presentation, August 2026
Slide 1: Half Year Results 2026
Half Year Results 2026 August 2026 @BATM 2026 | Confidential
Slide 2: Disclaimer
Disclaimer The information contained in this document has largely been extracted from the announcement of the Company’s half year results for the six months ended 30 June 2026. The information contained in this document has not been independently verified and no representation or warranty, express o
Slide 3: Presentation team
Presentation team Moti Nagar Lior Miles CEO CFO • CEO of BATM since January 2023 • CFO of BATM since June 2025; served as VP Finance 2015-2021 • Served as CFO since 2015 • Previously at Kenes Group and TASE- • Prior to BATM, held several senior listed Abra Information Technologies positions at Deloi
Slide 4: Introduction
01 Introduction Moti Nagar, CEO 4 @BATM 2026 | Confidential
Slide 5: A simpler, higher-growth, higher-margin technology business is emerging
INVESTMENT CASE A simpler, higher-growth, higher-margin technology business is emerging 01 02 03 Focus Growth Capital discipline BATM is reshaping into a secure Networks revenue grew 20% The proposed $36.6m disposal managed networking and and gross margin expanded to of non-core activities advanced
Slide 6: Value is being crystallised from the non-core portfolio
STRATEGIC EXECUTION Value is being crystallised from the non-core portfolio What is being sold Why it matters $36.6m • Proposed disposal of 3 of the 4 remaining non-core activities (7 entities) for $13.3m cash - 33x their adjusted combined 2025 net profit Aggregate consideration across both inter-co
Slide 7: H1 2026 financial highlights
H1 2026 financial highlights Implementation of strategy driving financial improvements 5% 220bps 29% Group revenue growth on a Group gross margin Group growth in adj. EBITDA comparable basis(1) improvement on a comparable basis(1)(2)(3) 9% 147% $22.5m Core activities Group increase in cash from Cash
Slide 8: Financial Review
02 Financial Review Lior Miles, CFO 8 @BATM 2026 | Confidential
Slide 9: H1 2026 results summary
H1 2026 results summary Delivery of strong like-for-like growth $m H1 2026 H1 2025 • Revenue growth on a comparable basis driven by BATM Networks Adjusted(1) Reported • Significant FX impact on Revenue 41.7 39.7 60.4 operating results • Significant reduction in net loss Gross Profit 14.6 13.9 19.8 t
Slide 10: A resilient financial position ahead of disposal proceeds
A resilient financial position ahead of disposal proceeds $110.6m $48.8m $61.8m Total assets Total liabilities Total equity 31 Dec 2025: $113.8m 31 Dec 2025: $49.7m 31 Dec 2025: $64.1m Cash position ($m) 30 Jun 2026 31 Dec 2025 The balance sheet remains resilient ahead of the anticipated non-core di
Slide 11: Gross margin improvement
Gross margin improvement Focusing on higher margin activities 60.0% 52.6% 50.7% 50.0% 44.4% 44.3% 40.0% 34.9% 32.7% 29.5% 30.4% 30.0% 20.0% 10.0% 0.0% BATM Group BATM Networks* BATM Cyber* Non-Core Activities* H1 2026 H1 2025 11 @BATM 2026 | Confidential * Adjusted to exclude amortisation of intangi
Slide 12: Cash management
Cash management Cash and financial assets ($m) 23.4 CURRENCY BREAKDOWN 1.2 22.5 -0.8 -0.2 1.0 OTHER 1.3% MDL 11.6% -1.3 -0.6 -0.2 NIS 11.1% EURO USD 16.0% 60.0% 12 @BATM 2026 | Confidential
Slide 13: Business Update
03 Business Update Moti Nagar, CEO 13 @BATM 2026 | Confidential
Slide 14: BATM Networks
BATM Networks Carrier Ethernet is driving commercial momentum Revenue Business commentary Strong growth following targeted investment in sales and marketing efforts in the previous year $8.0m +20% • Revenue growth from increased sales of carrier ethernet products • Gross margin improvement reflects
Slide 15: BATM Cyber
BATM Cyber Building a second growth engine in quantum-era-ready encryption Revenue Business update $4.8m -6% Sustained delivery against strong orderbook with lower revenue reflecting timing of budget release by a long-standing customer Gross margin change reflects product mix Adj. gross margin* 44.3
Slide 16: Disposal proceeds to be redeployed selectively into growth
CAPITAL ALLOCATION Disposal proceeds to be redeployed selectively into growth 01 02 Proof-of-concepts R&D programmes Funding proof-of-concept engagements with potential Accelerating R&D to maintain BATM’s technology lead and customers to scale the commercial pipeline. integrate its core platforms. 0
Slide 17: On track for full-year growth in core business and a transformed structure
OUTLOOK On track for full-year growth in core business and a transformed structure Guidance Exit 2026 as: • Full-year revenue growth in core activities remains on track, in line with market expectations A substantially • Networks pipeline is higher than at H1 2025, with revenue typically transformed
Slide 18: Thank You
Thank You 18 @BATM 2026 | Confidential
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