Cyanconnode Holdings Plc · LSE:CYAN
Cyanconnode — H1 FY2023 Earnings Presentation
13 slides from Cyanconnode's earnings presentation, December 2022
Slide 1: FY21 Results Presentation
FY21 RESULTS PRESENTATION A WORLD LEADER IN NARROWBAND RADIO FREQUENCY (RF) Presented by SMART MESHExecutive John Cronin, NETWORKSChairman and Heather Peacock, CFO A WORLD LEADER IN NARROWBAND RADIO FREQUENCY (RF) SMART MESH 0 @cyanconnode 2022 NETWORKS
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by CyanConnode Holdings Plc (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authori
Slide 3: Investment case
Investment case • Wireless Communications Narrowband Radio Mesh Tech designed by PHds in Cambridge • Sell through well know multi-billion dollar organisations such as System Integrators, Meter Manufacturers, EPCs • End 2 end solution • Wide applications, Elec, Gas, Water, EV, Smart Cities • Market o
Slide 4: FY23 Interims
FY23 Interims • Revenue for the period of £1.3m with majority of the revenue for the year being delivered in H2, in line with Board’s expectations • Gross margin of 49% • 5% increase in operating costs • Increase in operating loss to a loss of £2.4m due to the weighting of revenue into the second ha
Slide 5: Balance Sheet, debtors and working capital
Balance Sheet, debtors and working capital • £4.6m debtors showing on balance sheet – reduction from £7m at end March 22. Part of the £4.6m not yet due as based on achievement of milestones • £4.5 million cash received from customers during the period, majority of which relates to FY22. A further £2
Slide 6: Post period end
Post period end • £0.5 million raised by way of subscription • Substantial increase in revenue – 3 times higher in Q3 than in H1 • Further £2.3 million cash received from customers taking total year to date to £6.8 million • Cash constant at £1 million • Current tenders in India for >75 million foll
Slide 7: India – AMI market
India – AMI market • The Government of India plans to rollout 250 million smart prepaid meters and tenders for large volumes, which currently total 75 million smart prepaid meters, have now been issued. • In August 2022, the Government of India approved the RDSS* to help DISCOMs improve their operat
Slide 8: Other markets
Other markets • Further opportunities in Thailand and Sweden • New and other territories • Africa • UAE • Cambodia • Bangladesh • Malaysia • Indonesia • UK • Water metering • Advance payments @cyanconnode 2022 7
Slide 9: ESG
ESG • In 2021 CyanConnode was awarded the London Stock Exchange Green Economy Mark • This award recognises companies and investment funds listed on all segments of London Stock Exchange's Main Market and AIM that are driving the global green economy • To qualify for the Green Economy Mark, companies
Slide 10: ESG
MPWZ, Indore, ME ‘Smart Metering Points- 350,000 CyanConnode RF Nodes installed and communicating in India SBPDCL, Bihar ‘Smart Metering Points- 000,000 Annual Monetary Annual fuel saved savings to utilities ‘Smart Metering #* 33,300.. 2 ».199,800,000 ” ‘Smart Metering APSPOCL, Tirupati ) Points- 27
Slide 11: Outlook
Outlook • Tenders for >75 million meters are currently being floated or will be floated shortly. Given the Government’s ambition these numbers are only going to increase exponentially in near future. • Partners of CyanConnode have been named as L1 status on tenders for > 25 million meters worth a po
Slide 12: Questions
Questions • What is it that differentiates the CyanConnode proposition vs a competing solution when you are tendering? Why are you ‘better’ than the competition? • As someone who doesn’t know the company well, or the industry, would you explain to me why it is that the solution you provide is needed
Slide 13: Thank you
Thank you @cyanconnode 2022 12
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