Xreality Group Limited · ASX:XRG
Xreality — Investor Presentation (July 2019)
16 slides from Xreality's investor presentation, Jul 15, 2019
Slide 1: Investor Presentation
A visionary adventure leisure company providing experiences through indoor entertainment and realistic simulation INVESTOR PRESENTATION 15 July 2019
Slide 2: Disclaimer
DISCLAIMER This document dated 30/4/19 has been prepared by and is being issued by Indoor Skydive Australia Group Ltd ACN 154 103 This document and the information in this document (Confidential Information) is strictly confidential. You must not copy, 607 (ISA or Company). It is intended only for t
Slide 3: Contents
• Overview CONTENTS • Strategy • Key Details
Slide 4: 1. Overview
1. OVERVIEW Indoor skydiving is the closest experience to Skydiving without any of the risks. Indoor skydiving is an activity that anyone can partake in. Each participant flies in a column of wind created by a vertical wind tunnel. The vertical wind tunnel is used as a training tool for special forc
Slide 5: 1. Overview: Capital raise
1. OVERVIEW Indoor Skydive Australia Group is seeking to raise up to A$3.4m through a renounceable entitlement offer of new shares in the company. The capital raise will support the company’s immediate strategy of Repair, Growth and Diversification. In conjunction with the sale of its Perth facility
Slide 6: 1. Overview: Entitlement offer
1. OVERVIEW Funds raised through the Entitlement Offer will enable: • Substantial Investment in growth activities, specifically introducing new revenue generating businesses including Virtual Reality offerings • Implementing a new web platform and digital marketing strategy • Further reduction to in
Slide 7: 1. Overview – Capital Structure
1. OVERVIEW – CAPITAL STRUCTURE A$3.42m A$2.00m Current capital structure Number of Shares on issue as at the date of the Prospectus (m) 136.7 136.7 Market capitalisation prior to entitlement offer ($m) $2.187 $2.187 Last close price ($) $0.016 $0.016 30-day VWAP ($) $0.016 $0.016 Entitlement Offer
Slide 8: 1. Overview - Use of Funds
1. OVERVIEW - USE OF FUNDS Use of Funds (m) Maximum Subscription Minimum Subscription $ 3.42 % $ 2.00 % Reduction in Debt and Liabilities $1.97 58% $1.16 58% Debt and other liabilities $1.97 58% $1.16 58% Investment in Growth Activies $0.90 26% $0.35 18% Fitout for VR space $0.30 9% $0.10 5% VR Laun
Slide 9: 1. Overview – Perth Asset Sale
1. OVERVIEW – PERTH ASSET SALE Sale of Assets (m) Value $9.24 Reduction in Debt and Liabilities $6.97 SkyVenture Promisary note $5.53 Other liabilities $0.99 Westpac reduction $0.45 Other $2.27 Future Royalties $2.27 9
Slide 10: 2. Strategy
2. STRATEGY Upon completion of the Entitlement Offer and the sale of the Perth facility: Immediate and Material reduction in interest bearing debt & liabilities REPAIR Restructure of board and senior management – reduction in overheads Investment in growth activities – $900k GROWTH through existing
Slide 11: 2. Strategy: Repair
2. STRATEGY Immediate and Material reduction in interest bearing debt & liabilities REPAIR Restructure of board and senior management – reduction in overheads In conjunction with the sale of its Perth facility and the material reduction in interest bearing debt, the company is now focused on increas
Slide 12: 2. Strategy: Growth through existing operations
2. STRATEGY GROWTH through existing Investment in growth activities – $900k operations Introduce new website and sport flyer initiatives Implement digital marketing strategy Maximising 4 years of royalty free period for Penrith and Gold Coast facilities . Investment in Digital Strategy; • The rollou
Slide 13: 2. Strategy: Growth through Virtual Reality
2. STRATEGY New revenues through Virtual Reality with minimal capex requirements GROWTH through new Rapid implementation in existing facilities, new facilities rolled out once acceptable locations business secured Virtual Reality and ISA Group GLOBAL VR GAMING MARKET VALUE US$ • ISA Group has a stro
Slide 14: 2. Strategy: Diversification
2. STRATEGY Introduction of selective leisure and entertainment activities DIVERSIFICATION through new Assessment of appropriate acquisition opportunities, complimentary to both current and business and acquisition new markets Once the initial VR offerings are in place and successful, the company ex
Slide 15: 3. Key Details of Offer
3. KEY DETAILS OF OFFER Under the Entitlement Offer, eligible shareholders at the record date of 18 July 2019 at 7pm (Sydney time) (Record Date) are able to subscribe for 2.5 new ordinary shares in the Company (Shares) for every 1 Share held on the Record Date at an offer price of $0.01. Eligible sh
Slide 16: Enquiries
A visionary adventure leisure company providing experiences through indoor entertainment and realistic simulation ENQUIRIES: Wayne Jones Director & CEO wjones@indoorskydive.com.au