Aerometrex Ltd. · ASX:AMX
Aerometrex — Investor Presentation (April 2024)
24 slides from Aerometrex's investor presentation, Apr 3, 2024
Slide 1: April 2024 Investor Presentation
APRIL 2024 INVESTOR PRESENTATION 3 APRIL 2024
Slide 2: Disclaimer
DISCLAIMER This presentation is provided for information purposes only and is not a disclosure document as defined under the Corporations Act 2001 (Cth). This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase, sale or issue of any secu
Slide 3: Who We Are & What We Do
WHO WE ARE & WHAT WE DO 01
Slide 4: Company Profile
COMPANY PROFILE AMX Capital Structure (28 March 2024) Shares on issue Share Price A trusted & leading 94.99m $0.355/sh geospatial tech Established in company 1980 & listed on ~ 120 employees Market Cash and Capitalisation equivalents* ASX Dec 2019 $33.7m $10.2m 14.1% Provider of high- Deep industry
Slide 5: Unique & Unparalleled Customer Offerings
UNIQUE & UNPARALLELED CUSTOMER OFFERINGS Leading market participant Only ASX listed company that specialises in imagery subscription services, airborne LiDAR & high-resolution 3D models ‘One-stop shop’ for customers Multi-product offerings covering wide-ranging use cases & industry applications High
Slide 6: A Leader in Geospatial Imagery & Insights
A LEADER IN GEOSPATIAL IMAGERY & INSIGHTS MetroMap High-resolution 2D & 3D imagery & insights subscription service, holding one of Australia’s largest imagery archives LiDAR High-resolution airborne LiDAR data covering wide-ranging applications Global 3D Sophisticated 3D reality modelling products &
Slide 7: Embedded in a Global Ecosystem of Growing Data Usage
EMBEDDED IN A GLOBAL ECOSYSTEM OF Architecture GROWING DATA USAGE Mapping & Surveying Building & Construction Energy & Utilities Media & Entertainment Our customers include governments, Engineering pioneers & industry leaders Property & Real Environmental Estate Management Events & Tourism Resources
Slide 8: Example Use Cases
UNIQUE & UNPARALLELED CUSTOMER SOLUTIONS KEY PRODUCTS LINES MetroMap LiDAR 3D Other multi-product applications Urban planning, Urban planning, Urban planning, consultation & consultation & consultation & Event planning Engineering studies development development development EXAMPLE USE CASES Environ
Slide 9: Growth in Markets & Market Share Presents Significant Opportunities
GROWTH IN MARKETS & MARKET SHARE PRESENTS SIGNIFICANT OPPORTUNITIES MetroMap LiDAR Global 3D FY23 Revenue 15 Current TAM1 Current TAM1 TAM1: > $100m > $50m ‘Blue Sky’ 10 $ million 2030 TAM1 2030 TAM1 Positioned for a world > $200m > $75m where high-resolution 3D imagery is anticipated to penetrate 5
Slide 10: 1H24 Overview
1H24 OVERVIEW 02
Slide 11: 1H24 Highlights
1H24 HIGHLIGHTS Record 1H group revenue driven by solid ongoing growth in key product lines & operational enhancements Increasing Record 1H group revenue of Driving Building Key new appointments to 9 Revenue $12.0m MetroMap Internal drive operational performance Record 1H revenue for ARR 8 Capabilit
Slide 12: 1H24 Snapshot
1H24 SNAPSHOT Record 1H group revenue & solid cash position driven by solid ongoing growth in MetroMap ARR & LiDAR revenue Operating EBITDA Cash Flow From Cash Revenue Operations Balance $12.01m $0.79m $3.84m $10.22m (1H23: $10.01m) (1H23: $0.37m) (1H23: $2.66m) (June 2023: $9.83m) LiDAR Revenue Met
Slide 13: Executing Growth Plans
EXECUTING GROWTH PLANS Embedding various initiatives to drive sustainable value for UNDERSTAND SERVICE OUR ENHANCE THE shareholders OUR CUSTOMERS WAY WE WORK CUSTOMERS WELL EMPLOYEE SAFELY BE FOCUSED & INVEST CLARITY & UNDERTAKE DISCIPLINED WISELY ALIGNMENT OUR WORK Aerometrex Investor Presentation
Slide 14: Building MetroMap Momentum
BUILDING METROMAP MOMENTUM 03
Slide 15: MetroMap
METROMAP Annual Recurring Revenue (ARR) - A$m Building momentum in DaaS Calculation: Monthly Revenue x 12 subscription offering across key markets 9.5 9.0 $9.2 MetroMap Subscriber Value by Industry 8.5 $8.7 Other Architect, 24% Engineering, Construction 8.0 (AEC) 22% 7.5 $7.6 $7.3 7.0 Roads, Traffic
Slide 16: MetroMap Enhancements
METROMAP ENHANCEMENTS Key strategic imperative to drive customer Enhancing MetroMap For Customers retention & growth Ongoing development of the MetroMap platform, functionality & products to enhance customer experience & create points of market differentiation Tailoring of commercial terms & support
Slide 17: MetroMap Capture Program Enhancement
METROMAP CAPTURE PROGRAM ENHANCEMENT Enhancing the MetroMap Capture Program Announcement in January 2024 that leading aviation provider, Aero Logistics, will undertake a significant portion of the MetroMap capture activities from April 2024 Capture frequency & reliability is expected to increase whi
Slide 18: Investor Value Proposition & Focus Areas
INVESTOR VALUE PROPOSITION & FOCUS AREAS 04
Slide 19: Investor Value Proposition
INVESTOR VALUE PROPOSITION A trusted & leading MEETING geospatial tech GROWING GROWTH company NEEDS FOR HIGH LEADING ORIENTATED QUALITY PRODUCTS STRATEGY VISUALISTAION & INSIGHTS STRONG QUALITY DIVERSIFIED RECOGNISED MARKET MULTI-INDUSTRY REVENUE INDUSTRY POSITIONS CUSTOMERS STREAMS INNOVATOR Aerome
Slide 20: Case Study: Nearmap Acquisition
CASE STUDY: NEARMAP ACQUISITION Nearmap's acquisition highlights the potential market mispricing of Aerometrex Annual Recurring Revenue (ARR) - A$m Calculation: Monthly Revenue x 12 9.5 9.0 $9.2 In December 2022, Thoma Bravo, acquired 8.5 $8.7 Nearmap Ltd for ~A$1.055b, a 39% premium to the A$0.76b
Slide 21: FY24 Key Focus Areas
FY24 KEY FOCUS AREAS MetroMap • Drive ARR & ‘off-the-shelf’ sales • Build MetroMap Program Partner model • Successfully integrate Aero Logistics capture program LiDAR • Build & accelerate opportunity pipeline • Continue to embed delivery efficiencies Global 3D • Pursue Australian project opportuniti
Slide 22: FY24 Financial Appendix
FY24 FINANCIAL APPENDIX Aerometrex Investor Presentation – April 2024
Slide 23: 1H24 Financial Results Overview
1H24 FINANCIAL RESULTS OVERVIEW Underlying activities deliver Continued investment to 1H24 1H23 Change Change revenue growth underpin future growth $'000 $'000 v PCP v PCP $'000 % Record 1H Group revenue increasing 20.0% to Continued investment to build capacity ahead Subscription revenue $12.01m of
Slide 24: Contact Information
CONTACT INFORMATION Steve Masters Aerometrex Ltd Managing Director & 51-53 Glynburn Road Glynde SA 5070 Chief Executive Officer investorrelations@aerometrex.com.au +61 8 8362 9911 Chris Mahar aerometrex.com.au Chief Financial Officer metromap.com.au 3 APRIL 2024 This presentation has been approved b