Firstwave Cloud Technology Ltd. · ASX:FCT
Firstwave Cloud Technology — Q3 FY25 Earnings Presentation
17 slides from Firstwave Cloud Technology's earnings presentation, Apr 30, 2025
Slide 1: Q3 FY25 Shareholder Update
Q3 FY25 Shareholder Update 30 April 2025
Slide 2: Today's Presenters
Today’s Presenters J O HN GRANT DA N N Y M A H E R IAIN BA R T R A M S H A RO N H U N N E Y B E L L Chair Managing Director and CF O and VP of Products CEO C o m p a ny Secretary 2
Slide 3: Agenda
Agenda 1. Introduction - Chair 2. CFO Update 3. CEO Update 4. VP of Products - Webinar Update 5. Q&A 3
Slide 4: CFO Update
CFO Update Iain Bartram – Chief Financial Officer 4
Slide 5: Q3 Financial Performance – ARR
Q3 Financial Performance – ARR (A$m) Q2 FY25 Q3 FY25 △% - CyberCision 3.10 2.91 -6.1% - Network Management 5.05 5.12 1.4% Total 8.15 8.03 -1.5% Figures are unaudited 5
Slide 6: Q3 Financial Performance - Revenue and Gross Profit
Q3 Financial Performance - Revenue and Gross Profit (A$m) Q2 FY25 Q3 FY25 △% Revenue 2.27 2.14 -5.7% Revenue (excluding recharge)1 2.03 2.11 3.9% - CyberCision (excluding recharge) 0.84 0.74 -11.9% - Network Management 1.19 1.37 15.1% Gross Profit 1.85 1.94 4.9% Gross Profit Margin 82% 91% +9ppt 1.
Slide 7: Q3 Financial Performance – Cash
Q3 Financial Performance – Cash • Q3 closing cash position $0.55m (FY25 Q2: $1.68m) • As at quarter end: • R&D advance approved (facilitating access to 80% of R&D accrued rebate – YTD $720k of $900k available) • $0.3m in overdue debtors with long term customer • Cash usage in quarter $1.13m • Normal
Slide 8: CEO Update
CEO Update Danny Maher – Managing Director and CEO 8
Slide 9: Q3 Highlights
Q3 Highlights • Major client contracts renewed with uplift Normalised* Cash Usage (excl NRR) (AUD $000's) • John Deere 700 • Macquarie Cloud • Normalised* cash burn $220k per month 600 633 • Board Changes 500 • Corporate finance and banking executive David 472 Garnier appointed as non-executive Dire
Slide 10: Telstra Update
Telstra Update • FirstWave has several arrangements with Telstra including: • A PSA (Product and Services Agreement) under which FirstWave has provided its CyberCision email, firewall and web security products which Telstra has sold to its customers as services hosted on Telstra owned and operated i
Slide 11: Technology Update
Technology Update Sharon Hunneybell – VP of Products 11
Slide 12: Sharon Hunneybell – VP of Products
Sharon Hunneybell – VP of Products • Previous Opmantek executive who played a key role in technology strategy, commercial expansion and acquisition. • Over 20 years of experience as a tech leader and business analyst, leveraging emerging technologies to deliver impactful enterprise solutions. • Reco
Slide 13: Technology Update Webinar (7 May)
Technology Update Webinar (7 May) FirstWave will host a product update webinar on 7 May to provide an How to join: overview of the company’s positioning as a global leader in intelligent compliance, network management and audit. Date: Wednesday 7 May Time: 9.30am • The future of the company’s existi
Slide 14: Q4 Outlook
Q4 Outlook • The business will continue to benefit from the significant transformation over the last 18-24 months in line with its goal of being cashflow breakeven. • An agreement has been reached with AWS and Corent Technology to deploy CyberCision, Open-AudIT and NMIS cloud on the AWS Marketplace.
Slide 15: Q4 Outlook
Q4 Outlook The company is advancing the range of options it has at its disposal to de-risk the cyclical nature of its capital needs and we will update shareholders immediately we have certainty: • New capital • Discussions on new capital underway with several parties • New sales • Several key deals
Slide 16: Q&A
Q&A 16
Slide 17: Thank you
Thank you
FirstWave Cloud Technology — Q3 FY25 Earnings Presentation on 6ix