Dug Technology Ltd · ASX:DUG
Dug Technology — Investor Presentation (July 2022)
21 slides from Dug Technology's investor presentation, Jul 29, 2022
Slide 1: DUG Technology Ltd Investor Presentation July 2022
DUG Technology Ltd Investor Presentation July 2022 1
Slide 2: DUG Overview
DUG Overview SALES AREAS BUSINESS LINES DELIVERY PLATFORM MILITARY & SPACE SOFTWARE • Analytic software development • Algorithms and optimisation INDUSTRIALS • Data processing and visualization • DUG Insight in 36 countries RESOURCES HIGH-PERFORMANCE COMPUTING (HPCaaS) • Collaborative & client-focus
Slide 3: FY2022 Highlights
FY2022 Highlights Launch of FWI Imaging Technology Restructure of Services business line Significant turnaround in Services project awards Extension of financing facilities Growth and diversity of HPCaaS revenue Executive team renewal Security accreditation progress 3
Slide 4: FY2022 In Numbers (unaudited)
FY2022 In Numbers (unaudited) Revenue HPC Revenue EBITDA FY22 $33.7 million FY22 $3.9 million FY22 $2.7 million FY21 $38.5 million FY21 $2.7 million FY21 ($1.4 million) ----- ----- ----- 2H22 $16.7 million 2H22 $2.2 million 2H22 $2.7 million 2H21 $16.5 million 2H21 $1.5 million 2H21 ($3.3 million) O
Slide 5: Corporate summary
Corporate summary Corporate Structure Board & Management Shares on Issue 118,123,386 Wayne Martin AC QC Non-Executive Chairman Share Price (as at 26 July 2022) A$0.43 Matthew Lamont Ph.D. Managing Director 12 Month Liquidity (volume of shares traded) 32,902,005 Louise Bower Non-Executive Director Ma
Slide 6: FY2022 Business Line Performance
FY2022 Business Line Performance • FY2022 Rev. - $6.1 million (FY2021 - $5.2 million) growth of 17% Software • New customers signed in FY2022, together with growth in licenses from existing customers • FY2022 Rev. - $3.9 million (FY2021 - $2.7 million) growth of 44% High Performance Computing • Grow
Slide 7: FWI Imaging – Technology Revolution
FWI Imaging – Technology Revolution o DUG have been developing a new revolutionary seismic imaging technology for many years. The early stages of commercialization of the latest breakthrough have been very well received. o The goals of Multi parameter FWI imaging were to produce better results in a
Slide 8: Conventional imaging
Conventional imaging Field data Deghosting Designature Demultiple Regularisation Model building Down-going RTM
Slide 9: MP FWI imaging
Field data 0 c “an ise} £ = LL oO =
Slide 10: MP FWI imaging with updated velocity model
MP FWI imaging with updated velocity model Field data FWI
Slide 11: Security
Security o ISO 9001 and ISO 27001 certification progressing well o Stage 1 audits completed o Stage 2 audit is ongoing, outcome expected during 1Q FY23 o ISO certification expected to support commercial deals across all business lines, particularly HPCaaS o Following ISO certification, DUG will appl
Slide 12: Broadening Customer Mix – HPCaaS
Broadening Customer Mix – HPCaaS Enterprise Defence, Government and Space • Investment in sales, business • Attended a number of prestigious development and commercial resources conferences to showcase DUG’s • Value proposition is sovereign capability, capabilities: Australian-based support team foc
Slide 13: Outlook
Outlook o DUG’s Multi-parameter FWI Imaging has been well received by the O&G industry. This has resulted in 12 active projects and further opportunities. This technology has the potential to revolutionise the industry and be very significant for DUG going forwards o DUG’s services business has US$2
Slide 14: Financials
dug Financials
Slide 15: Profit and Loss
Profit and Loss o Ongoing growth in high-margin software and HPCaaS USD’m FY22 2H22 1H22 FY21 YOY business lines Change o Services business line revenue softened due to reduced Revenue: demand for much of the first part of the year, with - Software 6.1 3.2 2.9 5.2 0.9 significant market improvement
Slide 16: Cash Flow
Cash Flow o Cash from operating activities a marked improvement USD’m FY22 2H22 1H22 FY21 YOY from 1H22 following reduced cost base, positive operating change cash flow expected to continue into FY2023 Cash from operating (0.4) 2.1 (2.5) (2.9) 2.5 activities o Financing cash outflows include $13.5 m
Slide 17: Net Debt and Financing Facilities
Net Debt and Financing Facilities o Reparation of balance sheet with a reduction in gross USD’m 30 June 31 Dec 30 June debt during FY2022 from $17.8 million to $4.5 million 2022 2021 2021 Cash 2.7 11.2 10.0 o Extension signed with CBA on core debt facilities to July 2024 Gross debt (excl. lease 4.5
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by DUG Technology Ltd ("DUG") based on information available as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision. Reliance sh
Slide 19: Appendix
dug Appendix
Slide 20: DUG overview
DUG overview o ASX-listed global technology company with offices in Perth, London, Houston and Kuala Lumpur. o Founded in 2003 by Dr Matthew Lamont and Dr Troy Thompson to introduce an enhanced Decision Support System to the Oil & Gas industry. o Designs, owns and operates some of the largest and gr
Slide 21: DUG’s global footprint & capacity
DUG’s global footprint & capacity BUBBA WON THE 2019 ENTERPRISE DATA CENTRE DESIGN AWARD 21