Etherstack Plc · ASX:ESK
Etherstack — FY2012 Earnings Presentation
13 slides from Etherstack's earnings presentation, Mar 1, 2013
Slide 1: Etherstack plc Investor Presentation
Etherstack plc For personal use only Investor Presentation 1st March 2013
Slide 2: Presentation Overview
Presentation Overview • About Etherstack For personal use only • Core Divisions • Etherstack Products • Financials • Outlook & Growth Opportunities “Shadow 200” UAV (Unmanned Aerial Vehicle) being deployed in Afghanistan, 2008. The Shadow 200 payload includes the “Falcon III” military Software Defin
Slide 3: About Etherstack
About Etherstack For personal use only Overview • Truly global wireless technology company servicing government, defence, avionics, public safety, utilities and other mission critical wireless markets • Derives revenues from a blend of technology royalties from its IP, high value niche radio product
Slide 4: Core Divisions
Core Divisions For personal use only Protocols (Waveforms) Division - technology licensing of chip level wireless software - military waveform technology licensing and provision - cryptographic software and hardware module licensing and supply RF Division - technology licensing of radio reference de
Slide 5: Products: Networks Division
Etherstack Products For personal use only Networks Division • Mission critical radio communications networks for utilities, govt, defence, emergency services • Emergency services networks for police, fire and ambulance in US, Canada & Russia • Large digital radio networks for utilities in Australia,
Slide 6: Products: RF Products
Etherstack Products For personal use only RF Products • Small multi band radio designs for use in emergency services, military and other mission critical radio (e.g. utilities & mining) products and networks • Specialist “high value” radio products for industry (utilities & mining) and tactical comm
Slide 7: Products: Protocols Division
Etherstack Products For personal use only Protocols Division • Air interface signalling software embedded in chips in handhelds, mobiles and radio networks licensed to over 20 manufacturers globally • Digital signalling software that enables interoperability between different manufacturers radio equ
Slide 8: Products: Rich blend of existing, new and emerging products
Etherstack Products For personal use only Rich blend of existing, new and emerging products • Multi million dollar per annum R&D spend in 2010, 2011, 2012 & into 2013 • Solid blend of maturing and emerging revenue streams from multi-year product development cycles • Industry leading innovations in g
Slide 9: Markets
Etherstack Markets For personal use only Etherstack Traditional Markets • North America (networks, modules & licensing) • Australia & New Zealand (digital radio networks) • Japan (licensing) • EU, NATO+7 (military waveform technology) Etherstack Emerging Markets • Russia and nearby (police & resourc
Slide 10: 2012 Major Events
Etherstack 2012 Major Events For personal use only Summary • ASX Listing on 7th September 2012 • Completed key stages of major utility network rollouts in Australia & US • Major new digital technology licensing contract with JVCKENWOOD in Japan for a global product development • Cisco royalty flow c
Slide 11: FY2012 Results
Etherstack FY2012 Results For personal use only Summary • FY2012 Revenue USD$7.1m • Loss of USD$1.1m (NPAT) on a marginally negative EBITDA (USD$0.1m) when listing costs considered • New JVCKENWOOD technology licensing contract in Japan announced in Dec 2012 progressing to schedule • First ever quar
Slide 12: FY2013 Outlook & Growth Opportunities
FY2013 Outlook & Growth Opportunities For personal use only Outlook • Significant multi-year contracts in hand with good visibility on contributions for 2013, 2014 & 2015 financial years backed by government and defence spending • Strong activity in all traditional business lines, good mix of establ
Slide 13: Dividend Considerations
FY2013 Outlook & Growth Opportunities For personal use only Dividend Considerations • Significant retained earnings to allow payment of dividends • USD$0.08 per share paid FY2010 • FY2011 dividend suspended to support ASX listing • FY2012 no dividend based on performance • Should FY2013 continue to