Slide 1: FY24 Results and Outlook
DXN LIMITED 13 September 2024 FY24 RESULTS AND OUTLOOK 13 September 2024 DXN Limited | Investor Presentation 2024 1
Slide 2: Introduction
Introduction DXN is an Australian based prefabricated modular data centre manufacturer and operator of Edge* data centers. DXN’s core business is designing, engineering, manufacturing, maintaining and operating data centers. Modular Division Data Center Operations Designs, engineers, manufactures, a
Slide 3: DXN Limited Summary
DXN Limited Summary “ DXN designs, manufactures, operates and owns data centres that bring critical communication infrastructure closer to where users need it ” Company Summary Price & Volume Chart Share Price [cps] 6.8 9.0 3,000.0 Shares on Issue [mil.] 186.9 8.0 Market Cap. [$m] 12.7 2,500.0 7.0 C
Slide 4: FY24 Highlights
FY24 Highlights Results ▪ Group revenue $10.8m (FY23 $6.58m) including Modules and Data Centers. ▪ Group EBITDA $0.6m (FY23: $4.96m EBITDA loss) ▪ Group Underlying EBITDA* $1.2m (FY23: $4.92m Underlying EBITDA loss) ▪ $1.3m positive operating cashflow in 2H24 versus negative cashflow of $0.9m in 1H2
Slide 5: FY24 Results: Profit & Loss
FY24 Results: Profit & Loss ▪ Revenue growth: DXN reported revenue of $10.8m, up 63.5% from the Year to June (#039;000) FY23 FY24 previous year. Module revenue 3,839 8,091 Data Centre revenue 2,737 2,664 ▪ Module revenue: $8.1m up 110% on previous year and expected to Group Revenue 6,576 10,755 increas
Slide 6: FY24 Results: Balance Sheet
FY24 Results: Balance Sheet Year to June (A#039;000) FY23* FY24 ▪ The increase in cash was primarily driven by the Assets increase in FY24 module sales. Current assets ▪ In FY24 the reduction in right-of-use assets, and lease Cash and cash equivalents 1,268 2,983 liabilities was mainly due to the surre
Slide 7: FY24 Results: Cashflow
FY24 Results: Cashflow Year to June (#039;000) FY23 FY24 Operating Activities Cash flows from operating activities ▪ The improvement in net cash from operating activities is Receipts from customers 8,851 12,901 predominately driven by DXN’s sales efforts Payments to suppliers and employees -11,034 -10,
Slide 8: DXN Board and Executive
DXN Board and ABIGAIL CHEADLE Chair and Non-Executive Director Executive Ms. Cheadle, a Chartered Accountant, has had a distinguished career spanning Asia, Europe, the Middle East, and Australia. She held leadership roles at EY, Deloitte, and KordaMentha, in corporate turnaround and risk management.
Slide 9: Overview
Key Customer Segments Business ▪ DXN Ltd (ASX: DXN) is an ASX listed manufacturer of prefabricated GOVERNMENT & DEFENCE modular data centres and operator of small regional data centres. DATA CENTRES ▪ Established in 2016, listed 2018. ▪ International operations with 20 FTE staff, headquartered in SU
Slide 10: Modular Data Centres
Modular Data Centres 13 September 2024 DXN Limited | Investor Presentation 2024 1 0
Slide 11: Modular Data Centres
Modular Data Centres What is a prefabricated modular data centre? Prefabricated data centre DXN maintains full control over DXN’s modular design means modules are built at DXN’s the manufacturing process, ensuring the data centres can be deployed in-house manufacturing facility the highest standards
Slide 12: Modular Data Centers Overview
Modular Data Centers Overview New Orders $8.0m (by quarter) $7.0m FY24 Results $6.0m ▪ Contracted sales in FY24 was $12.4m $5.0m $4.0m ▪ $8.2m in revenue in FY24 with $2.4m EBITDA. $3.0m Growth in Modular Business $2.0m $1.0m ▪ Contracted projects to commence in FY25 total $8.9m, $0.0m plus $1.5m in
Slide 13: DXN Customers and Market Segments
DXN Customers and Market Segments Mining Energy & Gas Telco Cable Landing Station (CLS)* Government Defense Data Centre Global Internet Companies Hyperscalers – NDAs in place Global internet company 13 September 2024
Slide 14: DXN Asia Pacific Addressable Market in Cable Landing Stations (CLS)
DXN Asia Pacific Addressable Market in Cable Landing Stations (CLS) ▪ DXN has deployed over 80 modules across the world to date with a large percentage of deployments being Cable Landing Stations (CLS) in the Asia Pacific region. ▪ There are 29 new subsea cables around the world, with 128 known main
Slide 15: Regional Edge Data Centers
Regional Edge Data Centers 13 September 2024 DXN Limited | Investor Presentation 2024 15
Slide 16: Hobart and Darwin Data Centres
Hobart and Darwin Data Centres ▪ Own, operates, and maintains critical data centre infrastructure on behalf of specific customers in Darwin and Hobart with a 75 rack and 35 rack facility, respectively. ▪ The customers in these data centres are telcos, subsea operators, government and enterprise clie
Slide 17: Outlook and Guidance
Outlook and Guidance 13 September 2024 DXN Limited | Investor Presentation 2024 17
Slide 18: Outlook and Guidance
Outlook and Guidance ▪ Customer enquirers continue. ▪ Additional sales employees will be hired in FY25 to Contracted work in hand for FY25 accelerate deal flow. ▪ $8.9m orders from FY24 ▪ Based on converting the pipeline into sales in time to complete manufacture in FY25, we anticipate FY25 ▪ $1.5m
Slide 19: Disclaimer
Disclaimer This presentation has been prepared by DXN Limited (ACN 620 888 548) FORWARD LOOKING STATEMENTS (DXN or Company). Certain statements contained in this presentation, including information as to the future financial or operating performance of the Company and its assets, are NOT AN OFFER fo
Slide 20: Thank You
For more info visit dxn.solutions THANK YOU or email info@dxn.solutions 13 September 2024 DXN Limited | Investor Presentation 2024 20