Asset Vision Co Ltd · ASX:ASV
Asset Vision — Investor Presentation (February 2023)
13 slides from Asset Vision's investor presentation, Feb 28, 2023
Slide 1: Investor Deck February 2023
Investor Deck Investor February 2023 Deck February 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by the Company. The Company reserves the Future Matters US Disclosure Future First Technologies Limited (the right to update, amend or supplement the This presentation contains reference to This document does not constitute any “Company”). It does not p
Slide 3: FFT – H123 Highlights
FFT – H123 Highlights Consolidate, Focus, Growth Accelerated Growth • 25% Revenue Growth over H1FY22 • Achieved 30% Net Growth in ARR in Asset Vision business • Outstanding professional services performance in Asset Vision - 125% of forecast • Doubled investment in Asset Vision sales and marketing C
Slide 4: Growth - by the numbers
Asset Vision Growth - by the numbers 2,000 User Growth • 100%+ Growth in Active Users in the last 2 1,800 Active Users years 1,600 • Core subscription model based on “Active Users” 1,400 • Users are either Active in the field (Mobile) or on the Web Application 1,200 (Control Rooms) 1,000 ARR Growth
Slide 5: Market Success
Asset Vision Market Success • Major new customer contract wins • Multiple existing customer contracts expansion • First NZ contract implementation • Major Market success with 100% coverage of Victorian Road Maintenance Contract (VRMC) Principal Maintainers and Department of Transport and Planning (D
Slide 6: Victorian Success
Victorian Success Case Study – Victorian Road Management Contracts (VRMC) • Victorian Government’s transition to performance-based contracts essentially underpinned by Asset Vision platform • Asset Vision selected by Victorian Department of Transport and Planning (DTP), as the asset owner, to manage
Slide 7: FY23 Business Priority Update
Asset Vision FY23 Business Priority Update Expanded sales capacity with Account Management onboarded. Intelligent Data Capture (IDC) capability migrated entirely to Asset Vision business unit with 100% on building SAAS ARR Revenue. Increase the value of Asset Vision relationships with existing clien
Slide 8: Maturing Growth Strategy
Asset Vision Maturing Growth Strategy Current Market (Roads) Adjacent Markets New Markets Existing Customers New Customers Existing Customers New Products AutoPilot AutoPilot Innovation = R&D Launching Q4 FY23 Launching Q4 FY23 { Intelligent Transport Existing Products Contract Renewal, New Contract
Slide 9: FFT Financial Results – H123
FFT Financial Results – H123 Profit and Loss Continuing operations • Total revenue from continuing operations of $1.8m H123 H123 H123 H123 is up 25% from H122 Continuing Discontinued Corporate Statutory LINE ITEM • All costs incurred during H123 associated with Operations Operations Costs ($’000) re
Slide 10: FFT Financial Results – H123: Balance Sheet
FFT Financial Results – H123 Balance Sheet Notes • Net assets have decreased by $7.0m impacted by LINE ITEM 31-Dec-22 30-Jun-22 the impairment of goodwill and software within the ($’000) ($’000) EagleSoft business of $5.3m and impairment of Cash & equivalents 596 2,685 goodwill for Asset Vision of $
Slide 11: FFT Financial Results – H123: Cash Flow
FFT Financial Results – H123 Cash Flow Operating cash flows • Includes $1.1m cash used by discontinued operations LINE ITEM H123 H122 and the EagleSoft business during the half ($’000) ($’000) Receipts from customers (inclusive of GST) 2,045 1,942 Investing cash inflows • Includes $600k of proceeds
Slide 12: Outlook
Asset Vision Outlook Finding riches in the niches Our Core Market – Road Asset Maintenance Australia’s trend matches the global trend for infrastructure spending as global governments seek to correct economic positions. Asset Owners and Maintainers face substantial headwinds for hiring and retaining
Slide 13: FFT Summary
FFT Summary • Strategy is clearer and focused on SAAS • Operational structure/costs aligned with strategy • The right people are in the right place • Execution is the key to success Investor Deck Page 13. February 2023