Beam Communications Holdings Limited · ASX:BCC
Beam Communications — Shareholder Meeting (November 2021)
20 slides from Beam Communications's shareholder meeting presentation, Nov 30, 2021
Slide 1: Annual General Meeting
Annual General Meeting 30 November 2021 BEAM COMMUNICATIONS HOLDINGS LTD (ASX:BCC)
Slide 2: Managing Director's Presentation
Managing Director’s Presentation Leading the World in Innovative Satellite Communications 2
Slide 3: Disclaimer
DISCLAIMER This document has been prepared by Beam Communications Holdings Limited and comprises written material/slides for a presentation concerning Beam Communications Holdings Limited and its subsidiaries. The presentation is for information purposes only and does not constitute or form part of
Slide 4: Year in Review
Year in Review Growing Recurring Record FY21 Results Revenues Full year revenue and profit Continued strong growth in before tax reach all time high ZOLEO subscribers despite due to growth across all its key COVID-19 impact divisions Fuelled for Further Growth Strategic growth opportunities to expan
Slide 5: FY2021 Financial Review
FY2021 FINANCIAL REVIEW Beam (ASX: BCC) One-Year Share Price FY21 Op Revenue Turnaround in +24% record high of +$2.3M FY21 PBT to $18.5M $781K Increase in FY21 Increase in ZOLEO +25% customer receipts 5.4X units invoiced in vs. FY20 FY21 vs. FY20 • Growth in ZOLEO sales and improved sales in key par
Slide 6: Recurring Revenue Continues to Build
RECURRING REVENUE CONTINUES TO BUILD Continued Growth in Subs Despite Lockdowns Growth in ZOLEO Subscribers 1QFY22 Number of ANZ subs jumped 28% QoQ to 1,640 in 1QFY22 Total Net ANZ Subs despite COVID lockdowns (+938% pcp) 4Q FY21 3QFY21 ZOLEO Orders accelerating 2QFY21 Number of ZOLEO units shipped
Slide 7: Year of Achievements
YEAR OF ACHIEVEMENTS Successful capital ZOLEO ANZ raise to subs reach Orders for fast-track 1,640 ZOLEO growth despite Marketing devices lockdowns partnership exceed Orders for with GoPro 100k Iridium Inc. Beam GO! reach delivers 62,500 ZOLEO record Australia launches revenue Kogan and Post starts i
Slide 8: Funding to Accelerate Growth
FUNDING TO ACCELERATE GROWTH • Expanded European Launch in early 2022 • R&D for ZOLEO device upgrade • API/SDK development for 3rd party integration • Launch into new markets outside Europe in 2022 Beam’s total cash holdings post the raise will be ~$10m • Initial build of Certus device in 2022 • R&D
Slide 9: Fast Tracking ZOLEO
FAST TRACKING ZOLEO The additional capital will allow Beam to bring forward the expansion plans for ZOLEO by ~6 months and capitalise on the continued success since launch Pre-Raise Plan Post-Raise Plan Launch into Europe in early 2022 UK + 1 other country UK + at least 2 other countries Develop API
Slide 10: Larger Launch Program
LARGER LAUNCH PROGRAM Strategic rational to move more quickly to establish multiple beachheads into Europe Home to 24 Total population official size ~750 million languages Gross household disposable income in EU 45 countries is ~€10.2bn (A$15.9bn), in Europe or 73% of the region’s GDP* *https://ec.e
Slide 11: Next Generation of Iridium Devices
NEXT GENERATION OF IRIDIUM DEVICES Another significant and exciting near-term growth driver for Beam On track to ship Iridium Certus® order in 2022 Multiple applications for new range of higher speed Certus® devices Opportunity for Beam to offer value-added services for its Certus® device to generat
Slide 12: Optionality for Acquisitions
OPTIONALITY FOR ACQUISITIONS Beam is constantly evaluating opportunities in Australia and international markets to make a strategic and earnings accretive acquisition Focus is on complementary assets that help build on Beam’s growing recurring revenues Beam’s strong balance sheet and capital p
Slide 13: Positive Market Traction
POSITIVE MARKET TRACTION New hires (social media expert and enterprise / Gov’s BDM) driving growth ZOLEO Australia website hits jumped 215% over past year Significant influencer/ambassador engagement (Pat Callinan from the 4 x 4 show, B2B Adventures, Macca, Borgy, Off Road Adventure Show, Robbies Fi
Slide 14: Positive Market Traction
POSITIVE MARKET TRACTION Successful strategic distribution development within key market segments, with more national names to come in Australia & New Zealand Media & Marketing Partnerships with GoPro Inc, What’s Up Down Under, GO RV, Adventure Curated. Overwhelmingly positive online reviews of ZOLE
Slide 15: Global Subscriber Base Ramping Up
GLOBAL SUBSCRIBER BASE RAMPING UP Beam has received orders for >115k ZOLEO units since launch and delivered/invoiced ~50k Beam’s ZOLEO ANZ retail footprint jumped >60% in just six months to ~350 locations across 70+ dealers and further growth expected Iridium is forecasting Personal Comms Devi
Slide 16: Global Subscriber Usage Growth
GLOBAL SUBSCRIBER USEAGE GROWTH No. of messages sent via ZOLEO in 1QFY22 hit record 3.8m with 1.4m messages in September alone Significant growth opportunity from Europe launch in early 2022 Major opportunities from development of SDK for partner integrations No. of Worldwide Messages sent via
Slide 17: Growing from Strength-to-Strength
GROWING FROM STRENTH-TO-STRENGTH Wholly-owned subsidiary of Beam and is Telstra’s largest satellite dealer in Australia • SatPhone Shop (SPS) revenue increased by 27.5% in FY2021 Sells Iridium Equipment, Beam • Growth accelerated in 4Q FY2021 and momentum continuing manufactured terminals and other
Slide 18: Performance of Other Divisions
PERFORMANCE OF OTHER DIVISIONS Iridium GO! Orders for Iridium GO! hits 50k in FY2021 Beam received additional orders post FY21 end to take total orders to 62.5k Further orders expected due to rising demand for personal sat comms Better than expected result with a modest 10% decline in FY2021 Beam-Br
Slide 19: Outlook for FY2022 & Beyond
OUTLOOK FOR FY2022 & BEYOND Launch of multi-award winning ZOLEO into large new markets around the world Strong balance sheet and financial performance despite COVID-19 disruptions Multiple growth drivers including Certus® launch, SPS, Iridium GO! Further significant growth in ANZ ZOLEO subscribers a
Slide 20: Thank You
Thank You 1420
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