Etherstack Plc · ASX:ESK
Etherstack — H1 2023 Earnings Presentation
13 slides from Etherstack's earnings presentation, Aug 28, 2023
Slide 1: Half year results investor presentation
For personal use only 30 June 2023 Half year results Investor presentation Etherstack plc (ASX:ESK) 28 August 2023 Authorised for release by David Deacon, CEO and David Carter, CFO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Etherstack plc (ARBN 156 640 532) (“Etherstack” or “the Company”). The information in this presentation is for information purposes only and is not investment, financial product, legal or tax advice. For personal use only This presentation contains s
Slide 3: Our Three Core Markets
Our Three Core Markets PTT Technology For personal use only Mission Critical Push to Digital Land Mobile Satellite Push to Talk Talk (MCPTX) over cellular Radio (LMR) networks (PTT) networks networks (4G & 5G) Digital wireless terrestrial communication Mission Critical Push to Talk (MCPTX) over Deve
Slide 4: Etherstack
Etherstack Etherstack is a wireless technology provider that supplies our own mission critical wireless networks to the public safety, utilities and resource sector. The company also licenses key technology to over 20 other wireless equipment manufacturers globally For personal use only Snapshot 3 C
Slide 5: Financial & Business highlights H1 2023
For personal use only Financial & Business highlights H1 2023
Slide 6: Financial highlights H1 2023 (USD$)
Financial highlights H1 2023 (USD$) For personal use only $2.9 m $9.1 – $10.1 m ($1.467) m Half year Revenue down on pcp Full year revenue guidance NPAT down on • Timing reduced revenues and • Inherent volatility Steady with 2022 revenues $0.4m currency charge $1.4 m $968k Recurring revenue growth $
Slide 7: Full year FY 2023 guidance
Full year FY 2023 guidance • On 23rd July 2023, Etherstack provided revenue guidance for the financial year ending 31 December 2023. For personal use only • Revenue for the 2023 financial year is expected to be within the Key forecast assumptions range of $9.1m to $10.1m • No significant variation i
Slide 8: Business highlights H1 2023
Business highlights H1 2023 For personal use only Strategic Business Strategic Business Delivery Strategic strengths MCX IWF LMR Sustained business Sustained business • Further AT&T FirstNet • Strong global interest development activities in the project milestones in Etherstack’s development activit
Slide 9: Income Statement
Income Statement US$'000 2023 2022 Key changes Revenue from Contract with Customers 2,916 4,857 For personal use only Recurring support and Royalty revenue 1,099 1,042 • Project revenue down on pcp – timing and inherent volatility Project and Product Revenues 1,817 3,815 • Recurring revenues – incre
Slide 10: Balance Sheet & Cash Flow Statement
Balance Sheet & Cash Flow Statement Balance Sheet Cash Flow Statement US$’000 30-Jun-23 31-Dec-22 US$’000 Half year 2023 Half year 2022 For personal use only Cash and cash equivalents 2,887 1,918 Net cash generated / (used in) operating activities (291) (880) Trade and other receivables 3,617 3,309
Slide 11: Strong outlook driven by focus on key strategic initiatives
Strong outlook driven by focus on key strategic initiatives For personal use only Expansion of Commencement existing Australian License and supply of upgrades to & International of defence virtualised public safety communications switching solutions networks solution to other across installed nation
Slide 12: Questions
For personal use only Questions
Slide 13: For personal use only
London New York 64 Rose Street, +44 207 734 0200 +1 917 661 4110 Chippendale NSW 2008 Info_eu@etherstack.com Info_na@etherstack.com Phone +61 2 8399 7500 For personal use only Sydney Yokohama David Deacon, CEO +61 2 8399 7500 +81 45 342 9050 david.deacon@etherstack.com Info_au@etherstack.com Info_jp