Spectur Ltd. · ASX:SP3
Spectur — NWR Security Technology Conference 2024
22 slides from Spectur's conference presentation, Jul 11, 2024
Slide 1: Spectur Update – Security Technology Conference Presentation
Spectur Update – Security Technology Conference Presentation ASX Announcement | 11 July 2024 Solar security, sensing and visual AI solutions and platforms company Spectur Limited (ASX: SP3) (“Spectur” or the “Company”) will be holding a live and interactive investor briefing as part of the NWR Secur
Slide 2: About Spectur Limited and forward-looking information
cameras, lighting, audible warnings and a hardware IoT platform, remotely accessed and connected via 3G/4G or satellite technology to a cloud-based platform. Spectur has nearly 40 employees across Australia and New Zealand, with offices in Brisbane, Sydney, Melbourne, Adelaide, Perth and Auckland. T
Slide 3: Spectur Limited (ASX:SP3) NWR Security Technology Conference
For personal use only Spectur Limited (ASX:SP3) NWR Security Technology Conference, 11 July 2024
Slide 4: Disclaimer
Disclaimer For personal use only This document has been prepared as a summary only and does not contain all information Although the Company believes that its expectations reflected in the forward-looking about Spectur Limited’s (the “Company’s”) assets and liabilities, financial position and statem
Slide 5: Solving large and growing challenges
For personal use only Solving large and growing challenges • Safety, security and sustainability concerns growing • Hard to find the right people • Technology solutions can complement people in remote, temporary or unwired locations • Technology needs connectivity and power
Slide 6: Vision and Mission
For personal use only VISION: Empower safer, smarter and more sustainable communities MISSION: Provide simple, economic solutions for remote, temporary or wireless locations using autonomous sensing, thinking and acting platforms.
Slide 7: Security guard complement
Security guard complement For personal use only
Slide 8: Lifeguard and ranger complement
Lifeguard and ranger complement For personal use only
Slide 9: Scientist complement
For personal use only Scientist complement
Slide 10: Public relations complement
Public relations complement For personal use only
Slide 11: Platform applications
Platform applications For personal use only
Slide 12: What we do is difficult
For personal use only What we do is difficult Whats happening? How it benefits Spectur • Hardware is hard, cycle times long • Fewer competitors, experience counts • Environmental conditions are harsh • Reliability, longevity and performance challenges thin the herd further • Power and connectivity e
Slide 13: Profitable growth strategy
Profitable growth strategy Offerings For personal use only UVP: Reliable, simple and cost-effective solutions and platforms for Solutions end customers and resellers. Enabled by a modular hardware and software sensing, thinking and acting platform • Security • Warning • Sustainability • Safety • Sma
Slide 14: Business model
Business model For personal use only Point in time: Hardware sales and services • Hardware sales drives subscription growth Revenue model1,2 Services includes field and professional • Hardware sales Subscription 66% margin 44% margin 24% Recurring: Subscriptions, rental and long term leasing 36% • A
Slide 15: FY24 Performance
FY24 Performance For personal use only Revenue1 • Total FY24 revenue forecast of $8.2m up 11% on FY23 $7.4m • Annualized recurring revenue forecast of $5.3m up 20% on FY23 $4.4m Operating cash and balance sheet • Reduced operating cash use to $631k for May 31st YTD FY24 (first 11 months) • More than
Slide 16: Strong sales and pipeline
Strong sales and pipeline For personal use only Full year growth of 42% over FY23 • Substantial forward sales underpinning future revenues • Reseller, OEM and distribution partners all growing • Solarcam coming in Q1 FY25 • At 30 June 2024 Spectur had nearly $18m of unweighted opportunities in the C
Slide 17: Strategic focus for FY25
Strategic focus for FY25 For personal use only Sales and Marketing: • Marketing integrated Spectur solutions to segments where we can lead. (margin/market dominance) • For commoditized solutions, we have Solarcam. (scale) Technology: • Double down on simplicity, reliability and performance (AI, UI)
Slide 18: Market Guidance for FY25
Market Guidance for FY25 For personal use only Note: 1. Revenue and EBITDA are consolidated 2. EBITDA is “adjusted EBITDA”, defined as earnings before interest, tax, depreciation, amortisation, and share-based payments 3. FY24 and FY25 EBITDA forecasts exclude pending full year adjustments
Slide 19: Capital Structure
Capital Structure For personal use only Key Metrics as at 9 July 2024 Top Shareholders (as at 9 July 2024) Share Trading Information APPWAM Pty Ltd 13.40% ASX code SP3 Jomaho Investments Pty Ltd 3.75% Listed on ASX 01/08/2017 Coastalwatch Holdings Pty Ltd 3.01% Current share price $0.020 Sandhurst T
Slide 20: Valued below peers
Valued below peers For personal use only Median Median Average Average Spectur Spectur Note: Note: 1. Based on 19 companies ASX published data as at 10am AWST 10 July 2024 utilizing annualized H1 FY24 total revenue 1. Based on 7 companies ASX published data as at 10 July 2024 utilizing annualized H1
Slide 21: Summary
Summary We are a growing and soon to be profitable technology stock, with an appropriately de-risked balance sheet, leaner For personal use only operations and solid sales backlog and pipeline. Compelling and proven value proposition Undervalued relative to ASX and security technology peers Accelera
Slide 22: Contact Us
For personal use only Contact Us Investor enquiries Spectur Limited (ASX:SP3) Gerard D yso n MANAGING DIRECTOR investors@spectur.com.au