Orbital Corporation Ltd · ASX:OEC
Orbital — FY2020 Earnings Presentation
12 slides from Orbital's earnings presentation, Jul 29, 2020
Slide 1: Investor Update: FY20 Preliminary Financial Results
Investor Update FY20 Preliminary Financial Results (Unaudited) 29 July 2020
Slide 2: Cautionary statement
Cautionary statement This presentation includes statements looking-forward that involve risks and uncertainties. These statements are based upon management’s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factor
Slide 3: Statement on COVID-19
Statement on COVID-19 Like many businesses in Australia, the USA and around the Customers As an advanced aerospace manufacturer supplying global defence prime world, Orbital UAV is closely monitoring business risks contractors, our product demand remains unaffected by the COVID-19 outbreak presented
Slide 4: What we do
What we do World leader in the design and manufacture of integrated engine systems for tactical unmanned aerial vehicles (UAVs) © 2020 Orbital Australia Pty Ltd Images: Insitu’s Integrator UAV (left) and ScanEagle3 UAV (right) 4
Slide 5: At a glance
At a glance FY20 revenue $33.8M (FY20 revenue guidance $25M to $35M) Primary engine supplier to Insitu Inc. (a Boeing Company) Two of five engine models in production for Insitu, third engine model in development New engine development contracts with Northrop Grumman and one of Singapore’s largest d
Slide 6: Key highlights FY20
Key highlights FY20 FY19 FY20 REVENUE $33.8M *All FY20 figures unaudited $’000 $’000 top end of guidance ($25M to $35M) Revenue 15,253 33,782 EBIT $2.3M EBITDA (4,593) 4,218 transition to sustainable underlying earnings EBIT (5,328) 2,337 NPAT (5,906) 1,714 NPAT $1.7M Cash commitment to ongoing prof
Slide 7: Revenue guidance FY21
Revenue guidance FY21 Targeting Revenue of $40M - $50M in FY21 Sales of Propulsion Flight Critical Components Engineering & Systems & Overhauls Product Development Delivering improving earnings and profitability © 2020 Orbital Australia Pty Ltd 7
Slide 8: Delivering on the Insitu Long Term Agreement
Delivering on the Insitu Long Term Agreement Orbital UAV was designated Insitu’s primary engine supplier for the To power Insitu’s 5 engine models covered by the Long TermAgreement in March 2020 entire UAV fleet 3. Status: ScanEagle2 Status: 1. Status: 4. Development timeline TBD Integrator™ Status:
Slide 9: Growing our Tier 1 client base
Growing our Tier 1 client base Designated Primary Supplier Status Delivering flight critical for 5 engine models to power Insitu’s components since 2013 entire fleet of UAVs SINGAPORE DEFENCE COMPANY Contract to design and develop a hybrid New engine design & development propulsion system for the ne
Slide 10: UAV defence market opportunities
UAV defence market opportunities Global replacement of the Shadow 200 Tactical UAV United States Army Australian Defence Force FTUAS Program LAND129 Program © 2020 Orbital Australia Pty Ltd 10
Slide 11: FY21 outlook
FY21 outlook Two engines in Third engine production in production H2 FY21 Targeting additional new customer contracts and Engine development work underway for involvement in Northrop Grumman and Singapore defence company Defence UAV programs Revenue guidance of $40M-$50M © 2020 Orbital Australia Pty
Slide 12: Contact details
Todd Alder Ian Donabie Managing Director / CEO www.orbitaluav.com Corporate Communications Manager +61 8 9441 2311 +61 8 9441 2165 contact@orbitalcorp.com.au idonabie@orbitalcorp.com.au