Ava Risk Group Ltd. · ASX:AVA
Ava Risk — Non-Deal Roadshow (March 2018)
17 slides from Ava Risk's roadshow presentation, Mar 20, 2018
Slide 1: FFT Group Update – Singapore Roadshow
FFT Group Update – Singapore Roadshow www.fftsecurity.com
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation is given on behalf of Future Fibre Technologies Limited (FFT). Information in this presentation is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in FFT. Certain stateme
Slide 3: Group Leadership
Group Leadership • Leading industry veteran Chris Fergus was appointed in Feb 18 to lead the expanded group as Chief Executive Officer. • For the past 20 months Chris has been the CEO of AVA Global, and SVP Strategy and Business Development for MaxSec Group Limited (MSP), and also serves as an Execu
Slide 4: Group Organisation
Group Organisation Chris Fergus Group Chief Executive Officer Corporate Services Group Technology Group Group AVA FFT/BQT Leigh Davis Dan Cody CFO Mark Horton Risk Consulting Sales & Marketing Gwen Coutinho HR & Admin Stefan Dingeldein Rob Broomfield Sales & Marketing FFT COO James Alston Geoff Clea
Slide 5: FFT MaxSec Merger
FFT MaxSec Merger • Off-market takeover bid for MaxSec Group Limited (ASX: MSP) closed 21 December 2017 with FFT now holding 86.8% of MSP. • The merger seeks to take advantage of clear synergies between FFT’s perimeter security solutions, global presence and MSP’s access control (BQT) and internatio
Slide 6: Strong Investment Fundamentals
Strong Investment Fundamentals • Strong growth outlook, 1HFY2018 revenues up 44% on PCP • 1HFY2018 $9.5M cash at bank (4.5 cps), NTA 7.1 cps, 1HFY2018 operating cashflow +$3M • Significant sales pipeline across both divisions, close rate accelerating. Note today’s announcements regarding Oil & Gas S
Slide 7: About FFT
About FFT • FFT is a global leader in fibre optic intrusion detection systems, with a track record of delivering highly intelligent, reliable, and award-winning intrusion detection solutions for the protection of critical sites and infrastructures. • FFT’s advanced security systems detect and locate
Slide 8: About BQT Solutions
About BQT Solutions • BQT’s secure, reliable smart reader and card systems, biometric solutions, electric locking and access control products utilised at over 3,500 sites in more than 50 countries. • A leader in high security access control technology used in some of the most high security, critical
Slide 9: About AVA Global
About AVA Global • AVA is a growing global provider of secure international logistics of high-risk valuables, precious metals and currency. • Fully insured (underwritten by Lloyds), door to door services, utilising a network of highly experienced security companies, freight forwarders, airlines and
Slide 10: Shared Security Market Opportunities
Shared Security Market Opportunities Estimated Total Current Estimated Market Value Addressable Market** Perimeter Security (sensors) US$11bn (CAGR 13.6%)* US$1bn - $2bn Few key competitors Avg. Margin Range 60-65% Access Control Systems US$6.3bn (CAGR 12.2%)* US$0.6bn - $1.5bn Many key competitors
Slide 11: Combined Global Footprint
Combined Global Footprint FFT – Melbourne, Brisbane, San Francisco, Los Angles, Houston, Mexico City, Omaha, Minneapolis, Atlanta, Baltimore, Sao Paulo, London, Brussels, Warsaw, Istanbul, Johannesburg, Dubai, New Delhi, Singapore, Ho Chi Minh BQT – Sydney, Auckland, San Diego, London, Dubai, Singap
Slide 12: Go To Market Synergies
Go To Market Synergies + SERVICES PRODUCTS INTEGRATED SOLUTIONS COTS SOLUTIONS PRODUCTS PRODUCTS SYSTEM DISTRIBUTORS DISTRIBUTORS SYSTEM GLOBAL PARTNER INTEGRATORS INTEGRATORS SECURITY NETWORK INSTALLERS INSTALLERS OEM FOR MANUFACTURERS END USERS END USERS MINES, BANKS, SECURE WAREHOUSES AND TRANSPO
Slide 13: Complimentary Vertical Markets
Complimentary Vertical Markets END USERS FFT BQT AVA Utilities ✔ ✔ Chemical, Oil & Gas ✔ ✔ ✔ Mining ✔ ✔ ✔ Military ✔ ✔ Government ✔ ✔ ✔ Transport ✔ ✔ → Commercial & ✔ ✔ ✔ Residential Banking ✔ ✔ ✔ Correctional & ✔ ✔ Borders ✔ Direct → Indirect
Slide 14: Merger Benefits
Merger Benefits FFT BQT AVA Business Wider sales network/geographic reach ✔✔ ✔✔ ✔ Ability to leverage existing relationships to expand ✔✔ ✔✔ ✔ into new markets Stronger and more strategic partnerships through ✔ ✔ ✔✔ broader security solutions offering Larger balance sheet – offering access to custom
Slide 15: Strategic Focus
Strategic Focus • Implementation of new structure and delivery of cost savings and operational efficiencies. • Transition from a pure Security Technology manufacturing company to a Risk Management Group. • Sales & Marketing driven Group with a continued focus on product and services innovation. • Le
Slide 16: Group Outlook
Group Outlook • FFT Group FY2018 guidance for sales revenues of between $26 million and $33 million, which includes an estimated contribution of $8 million to $12 million from MSP (7 months) and $18 million to $21 million from FFT. • FFT Group first half FY2018 generated positive cashflow of $3.0 mi
Slide 17: FFT Capital Structure
FFT Capital Structure Number of FFT Shares on issue 211,094,439 Total number of FFT Options on issue 15,075,000 Top 20 Shareholders holding 72.4% Market Capitalisation @ 13.0c $27.4 million