Titomic Ltd · ASX:TTT
Titomic — Investor Presentation (March 2022)
25 slides from Titomic's investor presentation, Mar 1, 2022
Slide 1: Investor Presentation 1H FY 2022
Investor Presentation 1H FY 2022 February 2022 Herbert Koeck CEO Jon Nield CFO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the “Company”) under any circumstances create an implication that there has been no change in the affairs of Titomic to provide summary information about Titomic and their activities as at the date of thi
Slide 3: Agenda
Agenda • H1 FY2022 Highlights • Titomic at a glance • Business Model • H1 FY2022 Financial results • Operational Update
Slide 4: H1 FY2022 Highlights
H1 FY2022 Highlights • Revenue $2.3m up 479% on prior corresponding period (pcp) (H1 FY2021: $0.4m). • Confirmed purchase orders of $2.4 million as of 31 December 2021. • Repkon becomes $2.5m strategic investor. • Strategic acquisitions of Dycomet Europe and Tri-D Dynamics USA. • Modern Manufacturin
Slide 5: Titomic at a glance
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Slide 6: Titomic snapshot
Titomic snapshot • Founded in 2014 to develop a new type of additive manufacturing process, developed with the CSIRO, using cold-gas spraying of metal particles to produce 3D structures • This patented process is known as Titomic Kinetic Fusion (TKF), which Titomic has exclusive rights to commercial
Slide 7: Cold Spray industrialisation in less than two years
Cold Spray industrialisation in less than two years Metal additive manufacturing maturity index 5 Time until industrial use Laser Beam PBF Current industrial use Electron Beam PBF 4 Wire Electric/Plasma Less than 2 years Arc Deposition 2 to 5 years More than 5 years Filament FDM Powder Laser Titomic
Slide 8: Superior speed, size and sustainability
Superior speed, size and sustainability Titomic Kinetic Fusion (TKF) Key Attributes of the TKF Process • Exclusive rights to commercialise a new form of cold spray additive manufacturing developed with CSIRO Speed • This process, called Titomic Kinetic Fusion (TKF), employs cold spray technology usi
Slide 9: TKF Systems are operating today
TKF Systems are operating today TKF1000 TKF9000 Titomic’s TKF Systems TKF1000 • Modular industrial-scale AM system • Designed for prototyping and low volume production tasks • Build volume of 1m3 TKF9000 • Located in Titomic’s Melbourne Bureau • Demonstration of Titomic’s ability to engineer and con
Slide 10: TKF Systems are operating today
TKF Systems are operating today TKF D523 Titomic’s TKF Systems TKF D523 • Mobile industrial-scale AM system • Designed for repair services • Located in Titomic’s Melbourne Bureau Page 10
Slide 11: The Titomic difference
The Titomic difference Unmatched value, certainty Our cutting-edge custom TKF systems unlock the potential to manufacture high-performance and confidence multi-metal parts on demand, to near-net shape. Aerospace Less welding Less material and forming than billet Better buy-to-fly Minimal ratio machi
Slide 12: Manufacturing made sustainable
Manufacturing made sustainable Titomic is evolving metals manufacturing for the better. The green process uses less energy and fewer resources. • Cuts carbon emissions by up to 60%1 with no metal melting • Completely electrified and can run on 100% renewable energy • Reduces waste by up to 80% with
Slide 13: Business model
Business model
Slide 14: Titomic's focus sectors make up 49% of AM machine sales
Titomic’s focus sectors make up 49% of AM machine sales Other Titomic’s focus sectors Consumer Goods 9% 1% Space 19% Mech Engineering 9% Total market expected to Energy be $1.7 billion by 2025 4% 2020 Tooling Titomic targeting 49% of Dental 9% 4% Market Distribution this addressable market Civil Aer
Slide 15: Joint venture partnerships – more than a machine
Joint venture partnerships – more than a machine Joint ventures allow both parties to share the risks and rewards. Titomic brings everything to the partner’s door: patented process, technology and custom system. Phase 1 - Design Phase 2 - Assembly Phase 3 - Production & Sales Make prototype Validate
Slide 16: Our trusted customer base
Our trusted customer base Aerospace Defence Other Tooling and Aerospace Tooling and Structures TKF Machine Customer MMI Grant Partner Tooling Joint Venture Light weighting of Vessels Research Industrialisation Partner MMI Grant Partner Tooling Prototyping Barrels & Ballistics Barrels Partner Reselle
Slide 17: Taking our technology to the world
Taking our technology to the world We’re on track to expand across Australia, Europe, North America and beyond. Neos Titomic Tooling JV Saudi Arabia Production JV Titomic Europe Base UAE Tawazun JV Titomic Sales Office Technology Partnership Titomic USA Base Titomic Sales Shree Rapid Tri-D Dynamics
Slide 18: H1 FY2022 Financials
H1 FY2022 Financials
Slide 19: Profit & Loss
Profit & Loss H1 FY22 H1 FY21 Earnings Summary $,000 $,000 • Stronger financial result with revenue up Revenue 2,310 399 479% to $2.3m • Revenue includes government grants and Less Expenses (9,821) (7,360) other adjustments of $1.7m Loss before Income Tax (7,511) (6,961) Less Tax - - • Underlying op
Slide 20: Cash flow and balance sheet
Cash flow and balance sheet H1 FY22 H1 FY21 Statement of Cash Flows $,000 $,000 • Well funded with $13.8m in cash reserves following: Operating cash flows (4,532) (5,185) • $9.9m successful share placement Investing cash flows (1,086) (0,097) and share purchase plan • $2.5m strategic investment from
Slide 21: H1 FY2022 Operational Update
H1 FY2022 Operational Update
Slide 22: H1 FY2022 operational achievements
H1 FY2022 operational achievements • $2.5m strategic investment from Repkon • Triton Systems agreement • Key customer makes strategic investment, • Triton Systems is a leading US-based product following initial JV for manufacture of development and technology company with weapons systems barrels ove
Slide 23: Acquisition of Dycomet Europe B.V
Acquisition of Dycomet Europe B.V • Strong European business with complementary product • Increased vertical integration portfolio • Dycomet services the soft-end low and medium-pressure market • Dycomet Europe is a dynamic company specialising in Cold Gas Spray technology • Combined expertise will
Slide 24: Questions
Questions —
Slide 25: Titomic Limited
Titomic Limited 3/270 Ferntree Gully Road, Notting Hill, Victoria 3168, Australia PO BOX 225, Mount Waverley, Victoria 3149, Australia info@titomic.com | titomic.com