Slide 1: FY21 Results Presentation
For personal use only FY21 Results Presentation ASX:FOS
Slide 2: FY21 Highlights
FY21 Highlights For personal use only $ 8.1M $0.96M $ 3.8M Pixon Technology Sales +47% PBT (pre ipo exp) Order book +164% Appointed exclusive distributor Acquisition $ 2.2M ASX listed 47 JSB Lighting Reduced JSB cost base IPO raised $3m Employees +80%
Slide 3: FY21 Operational Update
FY21 Operational Update • JSB integration complete For personal use only • Subleased JSB factory to new tenant & relocated to FOS factory • Vacated/relocated 6 other office/warehouses • Merged JSB & FOS IT systems and now operating as one company • Completed sale of Intralux inventory • Cost of rest
Slide 4: Financials
Financials For personal use only P&L ($m) FY21 FY20* Balance Sheet ($m) FY21 FY20 Sales 8.1 5.5 Cash & Receivables 5.27 2.01 PBT (excl ipo costs) .96 .4 Stock, P&E, Other 5.71 2.87 IPO costs .17 .19 Total Assets 10.98 4.88 PBT .90 .21 Payables 1.6 .8 PAT .78 .12 Other 2.46 1.19 EPS 1.7c n/a Total Li
Slide 5: Comparative analysis
FY21 Comparative analysis For personal use only Sales by Region FY20 Sales by Region FY21 Import vs Local Manufactured QLD NSW QLD 56% 18% 38% NSW 4% Manufactured Imported 48% 52% SA 2% VIC VIC 34% OTHER 40% 8%
Slide 6: Comparative analysis
FY21 Comparative analysis Active Quotes Orders on Hand Sales For personal use only 45,000,000 4,000,000 $8.1M 40,000,000 3,500,000 35,000,000 3,000,000 $5.5M $4.2M 30,000,000 2,500,000 25,000,000 $4.2M 2,000,000 20,000,000 $2.8M 1,500,000 $2.2M 15,000,000 1,000,000 $3.9M 10,000,000 $2.7M 5,000,000 5
Slide 7: Strong financial and market position
Strong financial and market position For personal use only Robust balance sheet Continued investment in Acquisition strategy • Low Capex • Acquire Synergistic • People • No Debt Business’s • Products • $3m Cash • Build Critical Mass Organic growth Manufacturing facility Risk diversified • +25% PA •
Slide 8: Outlook
Outlook • ASX listing & JSB acquisition bedded down For personal use only • National operation with 47 staff now in place poised for further growth • Experienced management team with substantial skin in the game • Strong balance sheet, debt free & $3m cash to deploy for expansion • Growing pipeline
Slide 9: FOS at a glance
FOS at a glance Capital Structure ASX:FOS Directors For personal use only Shares on Issue 45m Non-Executive Chairman Sandy Beard Share price (24/8) 24c Managing Director Con Scrinis Market Cap $10.8m Executive Director Michael Koutsakis Cash $3m Non-Executive Director Michael Monsonego Enterprise Va