Ava Risk Group Ltd. · ASX:AVA

Ava Risk — H1 FY25 Earnings Presentation

26 slides from Ava Risk's earnings presentation, Feb 25, 2025

  1. Slide 1: Global leader in smart security and sensing technologies: H1 FY25 Results

    For personal use only Global leader in smart security and sensing technologies H1 FY25 RESULTS AVA RISK GROUP 25 February 2025

  2. Slide 2: Introductions

    For personal use only INTRODUCTIONS David Cronin

  3. Slide 3: Agenda

    AGENDA For personal use only 1 H1 FY25 Performance Highlights 2 H1 FY25 Financial Overview 3 Strategy & Outlook 3

  4. Slide 4: H1 FY25 Performance Highlights

    For personal use only H1 FY25 PERFORMANCE HIGHLIGHTS Mal Maginnis

  5. Slide 5: H1 FY25 Financial Highlights

    H1 FY25 FINANCIAL HIGHLIGHTS Significant progress in delivering on key growth metrics For personal use only • Revenue up 20% underpinned by Revenue EBITDA1 Gross Margin improved Detect performance. Increased Detect revenue driving gross margin $17.0m $1.7m 64% improvement Up 20% on pcp Up $2.6m on p

  6. Slide 6: H1 FY25 Performance Highlights

    H1 FY25 PERFORMANCE HIGHLIGHTS Progressing sales pipeline and partnerships, supported by scalable cost base For personal use only ‘Dune Express’ conveyor belt, West Texas • Strong revenue and EBITDA growth • Atlas Energy Solutions installed Aura Ai-X in a covert buried configuration to protect the p

  7. Slide 7: Global Leader in Risk Management Technologies

    GLOBAL LEADER IN RISK MANAGEMENT TECHNOLOGIES Protecting high value assets and critical infrastructure globally DETECT ILLUMINATE ACCESS For personal use only Fibre optic intrusion Security and intruder High security access detection systems detection equipment control technology • Access control re

  8. Slide 8: Sensing Beyond Security

    SENSING BEYOND SECURITY Building on success in existing deployments in multiple infrastructure types For personal use only USE OF SOLUTIONS FOR SENSING APPLICATIONS Example of solutions at a correctional facility • Identifying and responding to a threat at the perimeter, or within a facility. • Mana

  9. Slide 9: Go to Market and Revenue Model

    GO TO MARKET AND REVENUE MODEL PROVEN GO-TO-MARKET STRATEGIES WITH GLOBAL REACH For personal use only DETECT ACCESS ILLUMINATE PRODUCTS • Project based revenue in Detect supporting system integrator solutions to end users • Key distributor relationships driving product sales in the Access and Illumi

  10. Slide 10: Driving Growth in FY25 and Beyond

    DRIVING GROWTH IN FY25 AND BEYOND Building on our market verticals and geographies with sophisticated global partners DETECT SALES OPPORTUNITY PIPELINE (A$M) For personal use only Proven technology • Aura Ai-X • LoRa Connect wireless system High Probability 8.5 • Cobalt YD30 series • Growing recurri

  11. Slide 11: High Quality Partner and End User Base

    HIGH QUALITY PARTNER AND END USER BASE Strong network of OEM and distributor relationships worldwide For personal use only 11

  12. Slide 12: H1 FY25 Financial Performance

    For personal use only H1 FY25 FINANCIAL PERFORMANCE Neville Joyce

  13. Slide 13: Group Financial Summary

    GROUP FINANCIAL SUMMARY Strong revenue growth and stable operating base driving positive EBITDA result 18.0 9.8 $Am H1 FY25 H1 FY24 Var % For personal use only Revenue 17.0 14.2 2.8 20% 16.0 9.6 Operating Costs A$m Revenue A$m Gross Profit 11.0 8.6 2.4 28% Gross Margin 64% 61% 3% 14.0 9.4 Underlying

  14. Slide 14: Revenue Profile by Segment and Type

    REVENUE PROFILE BY SEGMENT AND TYPE Solid platform following investments into commercial capability and technology REVENUE BY SEGMENT (A$m) For personal use only 14.0 12.1 12.0 10.0 Detect revenue up $4.4m 7.7 8.0 • Average gross margin of 66%-70% 6.0 • Driven by completion of several key contracts

  15. Slide 15: Group Balance Sheet

    GROUP BALANCE SHEET For personal use only $Am Dec 24 Jun 24 Movement Cash and cash equivalents 4.7 5.1 (0.4) • Lower cash balance and increase in receivables due to late Q2 shipments settled in Receivables 9.7 9.0 0.7 January resulting in $1.7m cash in flow Inventories 6.7 6.6 0.1 • Increase in othe

  16. Slide 16: Group Cash Flow

    GROUP CASH FLOW For personal use only $Am H1 FY25 H1 FY24 Var • Favourable working capital movement due to increased Detect revenue and collection of Working Capital movement 1.2 (1.1) 2.3 receivables relating to Q4 FY24 shipments Development/Capital Expenditure (1.3) (1.4) 0.1 • Working capital imp

  17. Slide 17: Strategy & Outlook

    For personal use only STRATEGY & OUTLOOK Mal Maginnis

  18. Slide 18: Strong Growth Catalysts in Each Segment

    STRONG GROWTH CATALYSTS IN EACH SEGMENT Developing sales pipeline in key industry verticals and growing recurring revenue base For personal use only • Aura AI-X: solution of choice for protection of critical infrastructure worldwide DETECT • Added three new platforms to support growth • Expanding so

  19. Slide 19: Opportunities in Key Verticals

    OPPORTUNITIES IN KEY VERTICALS Technology provides real world solutions across multiple sectors For personal use only GLOBAL BORDERS INFRASTRUCTURE MINING, OIL AND GAS TRANSPORT – METRO TRANSPORT – AIRPORTS Ava Risk Group successfully completed a Recently secured major upgrades to Oil and Opportunit

  20. Slide 20: Case Study: Adjacencies – Telecommunications

    CASE STUDY: ADJACENCIES – TELECOMMUNICATIONS Supporting telecommunications challenges For personal use only • Technology demonstrated the superior ability of Aura Ai-X DAS technology in detecting events and providing appropriate classification and reporting. • Illuminate products demonstrated an exc

  21. Slide 21: Strong Growth Outlook Leverages Existing Cost Base

    STRONG GROWTH OUTLOOK LEVERAGES EXISTING COST BASE Substantial opportunity remain in adjacent markets to drive growth though impact delayed to FY26 FY24 (A) FY25 (F) FY26 (F) • Expected revenue growth of 20%+ in FY25 For personal use only Total • Core business delivering to plan $m Low High Low High

  22. Slide 22: Compelling Case for Investment

    COMPELLING CASE FOR INVESTMENT Leading technology with scalable model and organisational capability to support growth plans TRACK RECORD OF GROWTH AND RESULTS STRONG COMPETITIVE ADVANTAGES For personal use only • H1 FY25 revenue growth of 20% • Defensible competitive position and investments • High

  23. Slide 23: Corporate Snapshot

    CORPORATE SNAPSHOT Key Metrics For personal use only Top 20 Holdings (as at 20 February 2025) Name Balance % Market capitalisation BELL POTTER NOMINEES LTD <BB NOMINEES A/C> 31,950,717 11.00% $30.5M BNP PARIBAS NOMS PTY LTD 16,122,524 5.55% (as at 20 February 2025) MR STEPHEN ROSS CAREW <BMS A/C> 13

  24. Slide 24: Closing

    For personal use only CLOSING Mal Maginnis

  25. Slide 25: Questions

    For personal use only QUESTIONS Investor enquiries: alexandra.abeyratne@sodali.com

  26. Slide 26: 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

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