Ambertech Limited · ASX:AMO
Ambertech — Shareholder Meeting (November 2023)
15 slides from Ambertech's shareholder meeting presentation, Nov 23, 2023
Slide 1: AGM Presentation 2023
AGM Presentation 2023 ASX:AMO 23 November 2023
Slide 2: A leading value-added distributor of high-technology audio visual, broadcast and communications solutions
A leading value-added distributor of high-technology audio visual, broadcast and communications solutions INTEGRATED SOLUTIONS PROFESSIONAL RETAIL Media Systems Home Entertainment Commercial Installations Supply, installation and support of Exclusive brand representation in areas A range of exclusiv
Slide 3: 2023 Highlights
2023 Highlights $84.2m $4.9m $1.9m $2.1c Revenue EBITDA NPAT EPS up 9.4% on pcp 1.5c Convoy $10m1 Strong Headroom to Dividend per Business acquired Working capital pursuit further share and integrated position M&A 1. After Net Debt of $4.7 million as at 30 June 2023
Slide 4: FY23 Financial snapshot
FY23 Financial snapshot (A$m) FY23 FY22 (A$m) FY23 FY22 Revenue 84.2 77.0 Current Assets 42.9 35.1 Cost of Goods (55.5) (50.0) Current Liabilities 23.2 14.4 Working Capital 19.7 20.7 Gross Profit 28.7 27.0 Adjusted Working Capital (excluding cash) 18.1 18.5 GP Margin (%) 34.1% 35.1% Non-Current Asse
Slide 5: Strategic updates and priorities
Strategic updates and priorities Business Growth of M&A Expansion into Brand development development Australian Monitor aligned verticals investment Continued Ability to leverage Proven track record Opportunities are Significant growth investment in established of M&A with developing for potential w
Slide 6: Diversified brand portfolio drives competitive advantage
Diversified brand portfolio drives competitive advantage Ambertech is well-positioned to capitalise across differentiating segments as a complete supplier, leveraging our full-service distribution model Suppliers are Dealer Competitors Ambertech is expanding networks are don’t traverse uniquely acro
Slide 7: Continued focus on growth via brand development
Continued focus on growth via brand development Ambertech’s strong reputation is Expansion into aligned verticals attracting market leading brands to becoming realistic with new suppliers seek representation recognising our business expertise and market reputation Current brand portfolio consists of
Slide 8: Increasing scale with a disciplined acquisition strategy
Increasing scale with a disciplined acquisition strategy Adding further scale in a sustainable manner by targeting opportunities, which: • Increase market share and footprint in current markets • Enhance value proposition and cater to evolving customer needs • Gain technological competence and owned
Slide 9: Own brand development and expansion
Own brand development and expansion Developing AMO owned Australian Monitor Brand for new export markets: • Engineered in Australia, Australian Monitor is a leader in commercial AV amplifiers and speakers • Currently over 90% of sales are domestic • Significant opportunity to leverage international
Slide 10: Momentum continues with further wins
Momentum continues with further wins YTD Project Wins and agency gains Integrated Solutions Professional Major Retail • Contract for the supply of $3m worth of SSL consoles delivered in H1 FY2024 • Ongoing contribution of the Network Ten contract. Revenue in the order of $12m over 5 years with $4.0M
Slide 11: FY24 updates and outlook
FY24 updates and outlook Continuing to execute on our expansion objectives • YTD FY24 has started strongly with multiple project milestones completed and new wins secured. • Dealer based business continues to grow despite ongoing economic challenges. • Strong pipeline of Defence, Law Enforcement and
Slide 12: Projected Growth
Projected Growth 1H FY22 & 2H FY22 adjusted for Covid- 19 support payments received. Strong project contribution this half and growth across the business. 12
Slide 13: Appendices
+) Ambertech LiMiTED: Appendices
Slide 14: Capital Structure
Capital Structure Capital Structure Substantial Shareholders % Share price (22 November 2023) $0.21 Appwam Pty Limited 29.8% 52-week range $0.20/$0.355 Wavelink Systems 7.8% Shares on Issue 95.2M Amos Super Fund 5.6% Options on Issue 3.5M Greig & Harrison 5.5% Market capitalisation $20.0M Sub-total
Slide 15: Important Notice and Disclaimer
Important Notice and Disclaimer Future performance This Presentation contains certain “forward looking statements”. Forward looking statements can generally be identified by the use of forward looking words such as, “expect”, “anticipate”, “likely”, “intend”, “should”, “could”, “may”, “predict”, “pl