Slide 1: Atomos FY25 Results Presentation
Atomos Ltd (ASX:AMS) Atomos FY25 Results Presentation 1 September 2025
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer The information contained in this document (“Document”) has been prepared by Atomos Limited ACN 139 730 500 (referred to as investment or financial product advice (or any other advice) to any such person. Each such person should make their own independent “Atomos” or
Slide 3: Atomos Is Known for World-Class Product Innovation and Design
Atomos Is Known for World-Class Product Innovation and Design… ✓ Over 100,000+ registered users ✓ 500,000 units sold lifetime ✓ Automated production is the future 3
Slide 4: Our Core Value Proposition Has Not Changed
Our Core Value Proposition Has Not Changed… Empower Creators Focus on the Creator Ecosystem Empower the democratisation of content creation in the Social, User-friendly designs across a branded ecosystem that make Pro Video & Entertainment Markets, and enhance connectivity video production simple, i
Slide 5: But Our Target Customer and Method of Reaching Them Has Evolved
But Our Target Customer and Method of Reaching Them Has Evolved… Target Customer Has Expanded Sales & Marketing Has Modernised Growth in sub-pro content creator market Customers shifted to online, marketplaces, social media • Maintain lead position in pro-video market; significant brand equity • Mai
Slide 6: And So Has Our Product Suite
And So Has Our Product Suite... Entry Level Models Next Generation Core Expanded Ecosystem Models Coverage 6
Slide 7: We have got a lot right…but equally acknowledge some mistakes
We have got a lot right…but equally acknowledge some mistakes Positives Challenges • Innovation focus on updating core monitor lines, with launch of Shinobi GO (Q3’25) and Ninja TX (Q1’26) • Key FY25 growth products - Ninja Phone and SunDragon - did not Product • Launched new value-add products: res
Slide 8: Executive Summary: Four Pillars to drive Atomos forward
Executive Summary: Four Pillars to drive Atomos forward… 1. Product Suite & Strategy (Renewed) 2. Go-to-market approach (Expanded) • Renewed core product range (primary focus of R&D) with • Launched omni-channel sales approach; traditional wholesale channel complementary value-add products to meet n
Slide 9: Product Suite & Strategy
Product Suite —-{s & Strategy 7
Slide 10: Our Flagship Products Are Used All Across the Content Creator Universe
Our Flagship Products Are Used All Across the Content Creator Universe… Shinobi Range Ninja & Shogun Range Sumo & Rack Range Simple, touchscreen monitors (entry pricing) Flagship monitor recorder that connects Large format monitor recorders and targeted at influencers and video enthusiasts to almost
Slide 11: Value Add Products & Services
Value Add Products & Services Value Add Products • Derisked range expansion via co-development partnerships – no • Cloud-based ecosystem for streamlined media workflows and single diversion of engineering team focus from core monitor range sign-on access to storage, camera-to-cloud uploads, sharing,
Slide 12: Go-to-market approach
Go-to-market {ss approach A
Slide 13: Sales & Marketing – Modernised Strategy
Sales & Marketing – Modernised Strategy Targeting customers where they are to build direct and stickier relationships. Existing Strengths • Long standing relationships w/ industry retail & distributors • Trade Shows • Email List (130K+ email subscribers) built over 10+ years + Expanded Capabilities
Slide 14: Sales & Marketing – Modernised Strategy – Early Results Promising
Sales & Marketing – Modernised Strategy – Early Results Promising… Targeting the customers where they are, direct & stickier relationships 16.0k D2C Website Traffic: 14.0k 12.0k Steady growth in customers 10.0k engaging with the DTC shop 8.0k (weekly product page views) 6.0k 4.0k 2.0k - $210.0k A$19
Slide 15: Transformed, Refocused & Positioned for Scalable Growth
Transformed, Refocused & Positioned for Scalable Growth 2023-2024 2025 and beyond Target Customer Professionals & Entertainment Industry Social Media Content Creator, Amateurs Segments B2B Wholesale Online D2C Sales Channels Distributors & Stores & Marketplaces Trade Shows New Customer Targeted Digi
Slide 16: Board & Management
Board & Management
Slide 17: Board & Senior Management With Complementary Skills Tailored to Atomos’ New Strategic Direction
Board & Senior Management With Complementary Skills Tailored to Atomos’ New Strategic Direction James Joughin Peter Barber Jeromy Young Atomos Non-Exec Chair Managing Director & CEO Non-Exec Director Board • Chair of Viridian Advisory & • Co-Founder & major • 25+ years developing leading NED Daronmo
Slide 18: Financials & Outlook
Financials & Outlook
Slide 19: Underlying Proforma Profit & Loss (Unaudited)
Underlying Proforma Profit & Loss (Unaudited) A$m, Unaudited FY24 FY25 •1 Proforma revenue down 9%, on pcp impacted by: % Var 30 June Year End (Proforma)1 (Proforma)1 – Aging core product range and Ninja Phone and SunDragon Revenue 35.7 1 32.7 (9%) missteps COGS (23.7) (21.4) (10%) – Paused US sales
Slide 20: Underlying (H1 vs H2) Proforma Profit & Loss (Unaudited)
Underlying (H1 vs H2) Proforma Profit & Loss (Unaudited) A$m, Unaudited 1H’25 2H’25 •1 Revenue in 2H impacted by: % Var 30 June Year End (Proforma)1 (Proforma)1 – Q3 historically weakest Qtr. due to new year slowdown Revenue 18.6 1 14.1 (24%) – Paused US sales in April & May due to tariff uncertaint
Slide 21: FY25F - Fixed Cost Base
FY25F - Fixed Cost Base Fixed Cost Base, A$m (LHS) vs Headcount (RHS) $2.0m 80 Overall, ~40%+ reduction in Fixed Costs within 18 months $1.8m • Reduced workforce by ~27% and costs by ~35%, while 75 $1.6m retaining staff capacity and capability globally $1.4m – Headcount now reduced to ~55 70 $1.2m •
Slide 22: FY26 Outlook – Sales & Gross Margins
FY26 Outlook – Sales & Gross Margins • Return to sales growth in FY26 driven by: 1– New core products and incremental contribution from expanded, value-add, product range 2– Modernising sales channel and marketing strategy • Targeting medium-term gross margins in range of ~35%+ following price incre
Slide 23: FY26 Outlook – Cost Base & Cashflows
FY26 Outlook – Cost Base & Cashflows Cost Base (Variable & Fixed) Cashflows • Variable operating costs (ie freight, royalties, warranties) to • By the end of Q1’26, legacy payment plans & non-recurring be maintained around 10% sales expenses finalised, resulting in materially improved cashflow posit
Slide 24: Appendix
Appendix
Slide 25: P&L - Statutory to Proforma Bridge
P&L - Statutory to Proforma Bridge A$m FY24 FY24 FY25 Inventory Employee FY25 One-offs One-Offs3 30 June Year End (Statutory) (Proforma) (Statutory) Provision1 Restructure2 (Proforma) Revenue 35.7 - 35.7 32.7 - - - 32.7 COGS (24.5) 0.8 (23.7) (24.2) 2.8 - - (21.4) Gross Profit 11.2 0.8 12.0 8.5 2.8
Slide 26: Balance Sheet
Balance Sheet A$m Dec-24 Jun-25 Cash 1.4 1 1.5 •1 $1.5m cash as at 30 June 2025 Trade and other receivables 4.9 1.8 •2 In Apr-25, entered new $13.7m senior facility Inventories 10.7 9.1 Other current assets 1.9 2.0 – Facility fully drawn (balance also includes accrued interest) Other current assets
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