Alexium International Group Limited · ASX:AJX
Alexium International — Corporate Update (December 2023)
16 slides from Alexium International's corporate update, Dec 27, 2023
Slide 1: Recapitalisation and Equity Raise
ALEXIUM INTERNATIONAL GROUP LIMITED Recapitalisation and Equity Raise 27 December 2023 ABN 91 064 820 408
Slide 2: Disclaimer
Disclaimer To the maximum extent permitted by law, the information contained in this presentation is given without any liability whatsoever being accepted by Alexium International Group Limited (Alexium) or any of its related entities or their respective directors or officers, employees, advisors an
Slide 3: Recapitalisation and Equity Raise
Recapitalisation and Equity Raise 3
Slide 4: Agreement for Recapitalisation and Equity Raise
Agreement for Recapitalisation and Equity Raise ➢ Alexium International Group Limited (“Alexium”) has entered into agreement for the recapitalisation of its balance sheet (“Recapitalisation”) through the exchange of the Convertible Note (plus accrued interest)1 for ordinary equity, plus an equity ra
Slide 5: Rationale
Rationale ➢ The Equity Raise will inject A$4.0m of new capital into the business and provide: o sufficient capital for the new CEO and management team to execute the business strategy, with the aim of taking the business to a meaningful operating cash flow positive position o confidence to the Compa
Slide 6: Indicative timeline
Indicative timeline Key Milestone Date1 Agreement and announcement of Recapitalisation Late December 2023 Lodgement of draft Notice of Meeting with ASX & ASIC Early February 2024 Regulatory Review Early February 2024 Notice of Meeting sent to Shareholders Late February 2024 Dispatch of Entitlement O
Slide 7: Business Update
Business Update 7
Slide 8: Key Business Updates
Key Business Updates ➢ Bedding market YoY growth o Phase Change Materials (Alexicool and BioCool) – Alexium has continued to grow and diversify our qualified pipeline providing confidence that we will deliver YoY growth over the next fiscal year. Progress has been made to improve PCM performance tha
Slide 9: Appendix: Strategy Overview
Appendix: Strategy Overview 9
Slide 10: FY24 – 27 Strategic pathway
FY24 – 27 Strategic pathway FY23 FY24 FY25-27 Focus Diversify Profitable Growth ✓ Team : Strengthen the organisation ➢ Team : Build out direct sales and BD ➢ Team : Bolster operations team, with the addition of a new CEO ➢ Culture : Sales and marketing centric mature sales execs ✓ Culture : One Team
Slide 11: FY24 Strategic priorities
FY24 Strategic priorities ➢ Build out and increase the bandwidth of Alexium’s direct sales and business development team (adding manufacturing reps) ➢ Cash and commercial discipline to improve funding runway while investing in new product-market initiatives ✓ Continued revenue growth through ➢ Drive
Slide 12: Go to market
Go to market Bedding Market Military Fabric & Tactical Gear Cold Chain, Shoes, Workwear YoY Revenue Growth Commercialise New market entry Bedding Market Military Uniforms Cold Chain ➢ Target market: US produced mattresses, ➢ Target market: US Army and Marine Corps ➢ Target market: US Cold chain pack
Slide 13: Bedding – YoY revenue growth
Bedding – YoY revenue growth FY24 Priorities Target market Products Current Status FY24 Intent • Innerspring Mattress • 20% YoY growth YoY Alexicool® and • Foam Mattress • #1 PCM supplier to SSB • Further diversify customer • Low-cost/Hi-Volume Mattress • tier 1 and 2 suppliers base and # technologi
Slide 14: Military fabric and tactical gear - Commercialise
Military fabric and tactical gear - Commercialise FY24 Priorities Target market Products Current Status FY24 Intent • Passed Army Pyroman • Working on fabric • Position Alexium’s FR for • Marines Commercialise FR softness and commercial success with the • Army NyCo in military breathability with mil
Slide 15: Cold chain, shoes and workwear – New market entry
Cold chain, shoes and workwear – New market entry FY24 Priorities Target market Products Current Status FY24 Intent • Define the market potential • Early-stage testing for Alexium Commercialise with 2 cold chain • Increase Alexium’s target packaging companies Eclipsys® and PCM • Cold chain packaging
Slide 16: Strategic plan
Strategic plan Market Strategy FY23 FY24 FY25 FY26 FY27 Priority Thermal Share Grow Alexicool and BioCool revenue (US and International) First international sales Regulation Bedding Top of Bed Initial sales Commercialise DelCool in bedding and build direct to retail pipeline comfort Late-stage Initi
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