Ava Risk Group Ltd. · ASX:AVA
Ava Risk — Shareholder Meeting (October 2022)
24 slides from Ava Risk's shareholder meeting presentation, Oct 27, 2022
Slide 1: ASX Announcement – Annual General Meeting Presentations
For personal use only 27 October 2022 ASX ANNOUNCEMENT – ANNUAL GENERAL MEETING PRESENTATIONS In accordance with the ASX Listing Rules, the Chairman’s and CEO addresses and presentations to the 2022 Annual General Meeting (“AGM”), are appended. This announcement has been approved for release by the
Slide 2: Chairman's Address
CHAIRMAN’S ADDRESS On behalf of my fellow Directors, I would like to welcome you to the Ava Risk Group Annual General Meeting and For personal use only thank you for taking the time to join us "virtually" today. Firstly, I would like to thank Rob Broomfield, our Group CEO, our senior leadership team
Slide 3: Chairman's Address (continued)
Mal brings extensive experience as a leader of global technology businesses with more than 35 years of experience in the defence, security, safety and technology industries. He is exceptionally well regarded within the industry and will be valuable in strengthening our partnerships, developing strat
Slide 4: CEO Address
CEO ADDRESS I am pleased to provide an update on our activities during FY2022 and areas of strategic focus before sharing an For personal use only outlook for the first half of FY23. Firstly, I would like to recap what we do and how we have been building our growth platforms. As you know, Ava protec
Slide 5: CEO Address (continued)
sensor providing advance situation awareness that is accurate and actionable, and can be extended to provide predictive capabilities. For personal use only We are building on the Company’s deep domain expertise from thousands of real world global deployments, and our ongoing research and development
Slide 6: CEO Address (continued)
Our targeted investments into the US security market successfully achieved sales growth in the US in FY2022, and we have continued this recently with further investments. For personal use only We have signed another licensing agreement for Brazil, and we will expand on this into other LATAM countrie
Slide 7: CEO Address (continued)
• We have very healthy strong margins, • We have strong cash generation • We have a proven team For personal use only • And we have a well-defined execution plan to grow our market share, generate recurring revenues and deliver profits We are further strengthening the management team in the coming m
Slide 8: Annual General Meeting 27 October 2022
For personal use only Global leader in smart security and sensing technologies for the connected world ANNUAL GENERAL MEETING 27 OCTOBER 2022
Slide 9: Chairman's Remarks – David Cronin
For personal use only CHAIRMAN’S REMARKS – DAVID CRONIN
Slide 10: FY22 Operational Highlights
FY22 OPERATIONAL HIGHLIGHTS Streamlined business focusing on our core technologies to fuel growth For personal use only • Successful divestment of the Services Division in October 2021, delivering cash proceeds of $41.9m and circa 587% net cash investment return • Cash distribution of $38.8m to shar
Slide 11: FY22 Financial Highlights
FY22 FINANCIAL HIGHLIGHTS Strong cash position with no debt For personal use only • Profit after tax of $33.1m (+$17.4m compared to previous year) underpinned by the gain on the divestment of the Services Division • Group revenue and other income from continuing operations of $19.0m and EBITDA1 of $
Slide 12: Accelerating Our Strategic Direction
ACCELERATING OUR STRATEGIC DIRECTION For personal use only Acquisition of GJD on 1 August 2022: Leading UK security technology supplier Complimentary product and technology portfolio Established go to market capability in the UK and western Europe Appointment of Mal Maginnis as Group CEO comme
Slide 13: CEO Remarks – Rob Broomfield
For personal use only CEO REMARKS – ROB BROOMFEILD
Slide 14: Global Leader in Risk Management Technology
GLOBAL LEADER IN RISK MANAGEMENT TECHNOLOGY Sensing and access technology protecting high value assets and critical infrastructure worldwide For personal use only World-leading portfolio of complementary premium solutions and technologies • Fibre optic intrusion detection systems • Security and intr
Slide 15: Delivering Proven Solutions to Multiple Industries Worldwide
DELIVERING PROVEN SOLUTIONS TO MULTIPLE INDUSTRIES WORLDWIDE For personal use only Global locations Protecting multiple energy generation and distribution sites in North America, including Monitoring and at a nuclear power plant protecting Perimeter intrusion submarine detection for power cables Mon
Slide 16: Strong Track Record with Unique Global Opportunity
STRONG TRACK RECORD WITH UNIQUE GLOBAL OPPORTUNITY Leading technology with scalable model and organisational capability to support growth plans For personal use only TRACK RECORD OF GROWTH AND RESULTS STRONG COMPETITIVE ADVANTAGES • High margins and ongoing cost discipline • Defensible competitive p
Slide 17: Sensing Beyond Security
SENSING BEYOND SECURITY Building on success in existing deployments in multiple infrastructure types & across global smart cities For personal use only Buried Pipeline High security intrusion Perimeter access control • Existing commercial deployments monitoring threats intrusion readers and locking
Slide 18: Scaleable Business with Sustainable Margins
SCALEABLE BUSINESS WITH SUSTAINABLE MARGINS Opportunity to drive growth across all channels, leveraging our IP and cost base For personal use only FY22 ($19m) vs Future Sales 90%+ • Platform and pipeline in place to grow revenue to $70 - $100m over the next three years through: 70% • multi-year serv
Slide 19: Market Opportunity Driven by Global Industry Trends
MARKET OPPORTUNITY DRIVEN BY GLOBAL INDUSTRY TRENDS For personal use only • Global security concerns driving rapid adoption of high security technology Industry trends • Increased government spending on protecting critical infrastructure support long • Global connectivity driving greater demand for
Slide 20: FY21 AGM Growth Initiatives
FY21 AGM Growth Initiatives For personal use only Growth Initiatives underway FY22 Achievement/progress FFT conversion of Aura-IQ SaaS revenue, with Delayed due to requested integration with fire detection site sign off completed in Q1 FY22, and final IT sensing fibre. First Order received Q1 FY23,
Slide 21: Growth Initiatives
GROWTH INITIATIVES To be a global leader in actionable, intelligent data streams that protect and optimise critical assets For personal use only LEVERAGE GROW RECURRING & LEVERAGE PARTNERSHIPS OEM REVENUE SCALABLE MODEL • Leverage relationships with • Leverage industry relationships to distributors
Slide 22: Q1 FY23 Sales Order Intake and H1 Revenue Outlook
Q1 FY23 SALES ORDER INTAKE AND H1 REVENUE OUTLOOK For personal use only Sales Orders Received (A$m) • Total sales order intake of $7.8m in Q1, including a two month contribution from GJD. 9.0 • Strong Q1 sales performance: 8.0 • Order intake growth of 55% including GJD compared 7.0 to Q1 FY22 Sales
Slide 23: Strategic Objectives
STRATEGIC OBJECTIVES For personal use only Pursue opportunities in global critical Grow relationship with key channel partners infrastructure security, leveraging enhanced to increase sales volume in solutions and business development capability in North technology America. Use advanced machine lear
Slide 24: Forward Looking Statements
FORWARD LOOKING STATEMENTS For personal use only This presentation is given on behalf of Ava Risk Group Limited (AVA) 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 AVA. Certa