Batm Advanced Communications Ltd. · LSE:BVC
Batm Advanced Communications — FY2024 Earnings Presentation
16 slides from Batm Advanced Communications's earnings presentation, March 2025
Slide 1: Full Year Results 2024
Full Year Results 2024 Moti Nagar, CEO Ran Noy, CFO March 2025
Slide 2: Disclaimer
Disclaimer The information contained in this document has largely been extracted from the announcement of the Company’s full year results for the year ended 31 December 2024. The information contained in this document has not been independently verified and no representation or warranty, express or
Slide 3: FY 2024 Highlights
FY 2024 Highlights SUCCESSFULLY IMPLEMENTED ACTIVELY EXPLORED POTENTIAL M&A OPERATIONAL IMPROVEMENTS TO ALIGN AND DIVESTMENT OPPORTUNITIES, BUSINESS WITH NEW STRATEGIC VISION WITH AGREEMENT FOR FIRST DISPOSAL ENTERED POST YEAR END STRONG BALANCE SHEET WITH $31.6M IN CASH AND SHORT- TERM INVESTMENTS
Slide 4: Strategic Execution
Strategic Execution SIGNIFICANTLY ADVANCED STRATEGY TO OPERATE AS AN ENTERPRISE FOCUSING ON CORE STRENGTHS IN CYBERSECURITY, NETWORKING AND DIAGNOSTICS FOCUSING RESOURCES BUILDING AN ENTERPRISE STRENGTHENING CORE DIVISIONS EXITING NON-CORE ACTIVITIES REFOCUSING GO-TO-MARKET STRATEGY SEEKING DIVESTME
Slide 5: Financial Review
Financial Review RAN NOY CFO 5 © 2025 BATM BATM FY 2024 Results CONFIDENTIAL
Slide 6: Financial Summary
Financial Summary (For continuing operations) REVENUE GROSS MARGIN EBITDA1 $117.3m 31.4% $8.1m (2023: $116.7m) (2023: 32.8%) (2023: $9.9m) NET CASH CASH AND SHORT-TERM CRITICAL REVIEW OF BALANCE FROM OPERATIONS2 INVESTMENTS3 SHEET RESULTING IN NON- $1.7m $31.6m CASH IMPAIRMENT OF $6.9M (2023: $8.1m)
Slide 7: Cyber Division
Cyber Division Adjusted ($m) 2024 2023 CYBER DIVISION Revenues 13.1 10.3 2023 2024 Cost of sales 7.7 6.1 14.0 13.1 Gross profit 5.4 4.2 12.0 Gross margin 41.0% 40.8% 10.3 10.0 Operating expenses 2.2 2.0 US$ millions 8.0 EBITDA 3.4 2.4 5.4 6.0 4.2 4.0 3.4 2.4 Strong growth as the business delivered a
Slide 8: Networking Division
Networking Division Adjusted ($m) 2024 2023 NETWORKING DIVISION Revenues 8.5 19.8 2023 2024 Cost of sales 4.0 10.5 23.0 19.8 Gross profit 4.5 9.3 18.0 Gross margin 52.5% 47.1% Operating expenses 8.5 8.4 US$ millions 13.0 8.5 9.3 EBITDA (3.4) 1.7 8.0 4.5 3.0 1.7 Results primarily reflect ongoing impa
Slide 9: Diagnostics Division
Diagnostics Division Adjusted ($m) 2024 2023 DIAGNOSTICS DIVISION Revenues 38.6 33.3 2023 2024 Cost of sales 27.8 23.0 45.0 38.6 Gross profit 10.8 10.3 40.0 35.0 33.3 Gross margin 28.0% 31.0% 30.0 Operating expenses 9.5 9.1 US$ millions 25.0 EBITDA 3.2 3.0 20.0 15.0 Revenue growth driven by expanded
Slide 10: Cash Management
Cash Management CASH AND SHORT-TERM INVESTMENTS ($M) 40.8 0.2 2.4 2.6 1.7 1.4 31.6 2.1 1.5 0.7 10 © 2025 BATM BATM FY 2024 Results CONFIDENTIAL
Slide 11: Business Review
Business Review MOTI NAGAR CEO 11 © 2025 BATM BATM FY 2024 Results CONFIDENTIAL
Slide 12: Cyber Business
Cyber Business Significant growth and signing of landmark agreement for commercial markets LEADING QKD-READY ENCRYPTION PRODUCTS WITH UNIQUE CAPABILITIES SIGNIFICANT GROWTH OPPORTUNITY IN COMMERCIAL MARKETS POWERFUL BRAND ENDORSEMENT: STRATEGIC ENCRYPTION PROVIDER FOR LARGE GOVERNMENT CLIENTS REVENU
Slide 13: Networking Business
Networking Business Decisive action taken to position for return to growth EDGILITY STRATEGIC EXECUTION - THREE-YEAR AGREEMENT SIGNED WITH ONE OF THE LARGEST TELECOMS IN MEXICO; RECEIVED ORDERS OF $2.4M+ MANAGEMENT REORGANISATION - SELECTED BY AXTEL, A TIER 1 TELCO IN MEXICO, TO RUN THEIR CX APP; IN
Slide 14: Diagnostics Business
Diagnostics Business Revenue growth driven by customer base expansion OPERATIONAL PROGRESS STRATEGIC EXECUTION MANAGEMENT REORGANISATION MOLGEN MDX SYNDROMIC PANELS REGISTERED IN ITALY ENABLING SALES TO COMMENCE - €1M TENDER ALREADY REFOCUSED GO-TO-MARKET STRATEGY: WON - PRIORITISING REAGENT SALES –
Slide 15: Outlook
Outlook Continued strategic execution focusing on core activities STRONG START TO 2025 REVENUE GROWTH DRIVERS • TRADING IS IN LINE WITH MANAGEMENT EXPECTATIONS, • THE NETWORKING DIVISION IS ANTICIPATED TO BE THE DRIVEN BY STRATEGIC ACTIONS FROM 2024 PRIMARY CONTRIBUTOR TO FY 2025 REVENUE GROWTH; • F
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