Slide 1: Results Presentation for 1H FY24
VISIONFLEX.COM.AU ASX Announcement 26 February 2024 Visionflex Group Limited (ASX: VFX) Results Presentation for 1H FY24 Visionflex Group Limited (“Visionflex” or the “Company”), a leader in virtual healthcare solutions, is pleased to provide a results presentation for the half- year ended 31 Decemb
Slide 2: Results Presentation 1H FY24
ASX:VFX Results Presentation 1H FY24 FEBRUARY 2024 RESULTS PRESENTATION / FEBRUARY 2024 / 1
Slide 3: The Visionflex mission
The Visionflex mission Empowering health practitioners globally with cutting edge technologies to elevate patient outcomes R E S U L TMSA R PRKET S EUNPTDA AT TI O E N / FEBRUARY 2024 / 2
Slide 4: Product ecosystem
Product ecosystem Visionflex proprietary hardware and software connect a range of third-party PROPRIETARY HARDWARE PROPRIETARY SOFTWARE medical devices to empower practitioners deliver world class virtual care. THIRD PARTY HARDWARE RESULTS PRESENTATION / FEBRUARY 2024 / 3
Slide 5: Financial highlights
Financial highlights 100% Revenue growth 76% Increase in Recurring Revenue 94% Reduction in Cash Operating Outflows Consolidated revenue from continuing operations of 76% in 1H FY24 compared to 2H FY23, as new clients Cash inflows of $0.3M for 1H FY24 compared to cash $4.0M for 1H FY24 which reflect
Slide 6: Driving revenue momentum
Driving revenue momentum REVENUE BY BUSINESS DIVISION VISIONFLEX REVENUE BY STREAM 4.4 3.6 4.2 3.4 4.0 3.2 3.8 3.0 3.6 3.4 2.8 3.2 2.6 3.0 2.4 2.8 2.2 2.6 2.4 2.0 $M 2.2 1.8 $M 2.0 1.6 1.8 1.4 1.6 1.2 1.4 1.2 1.0 1.0 0.8 0.8 0.6 0.6 0.4 0.4 0.2 0.2 - 0.0 1H FY23 2H FY23 1H FY24 1H FY23 2H FY23 1H FY
Slide 7: The journey to profitability
The journey to profitability REVENUE & NORMALISED EBITDA 5.0 We are steadfast in our commitment to driving profitable growth for the Company, as evidenced by 4.0 our strong performance in the first half of fiscal year 2024. Achieving revenue growth of 100% from 3.0 continuing operations, alongside a
Slide 8: 1H FY24 results summary
1H FY24 results summary In the first half of fiscal year 2024, Visionflex achieved 100% top-line revenue 1H FY24 1H FY23 CHANGE ($M)(*) ($M)(*) (%) growth from continuing operations, while reducing operating costs by 34%, resulting in a normalised EBITDA loss of $0.2M. Revenue from continuing operat
Slide 9: 1H FY24 financial position summary
1H FY24 financial position summary 31 DEC 2023 30 JUN 2023 CHANGE The cash balance increased by $0.3M in 1H FY24. The increase was driven by ($M)(*) ($M)(*) (%) inflows of $0.3M from investing activities, and $0.2M from financing activities more Cash and cash equivalents 1.8 1.4 22% than offsetting
Slide 10: Important notices
Important notices This results presentation (Presentation) has been prepared by Visionflex Group Limited ACN 138 897 533 (ASX:VFX) (Company) and is dated 26 February 2024. A number of figures, amounts, percentages, estimates, calculations of values and fractions in this Presentation are subject to t
Slide 11: Visionflex Group Limited
Visionflex Group Limited Unit 1, 8 Prosperity Parade, Warriewood NSW 2102 VISIONFLEX.COM.AU Joshua Mundey CHIEF EXECUTIVE OFFICER E: jmundey@visionflex.com RESULTS PRESENTATION / FEBRUARY 2024 / 1 10 0