Global Invacom Group Ltd. · SGX:QS9
Global Invacom — Shareholder Meeting (2024)
10 slides from Global Invacom's shareholder meeting presentation, 2024
Slide 1: The Future of Connectivity
The Future of Connectivity
Slide 2: FY2024 Key Events
FY2024 Key Events • Appointment of Alex Tan Tiong Huat and David Martin Gilmore to the board. • Due to decreasing demand for products and continued loss making, the US operations were placed under receivership. • Restructuring of several functions within the UK, notably administrative and finance su
Slide 3: Financial Performance (1)
Financial Performance (1) Geographical Split of Revenue (US$’M) • In line with the financial statements within our Annual Report, the chart focusses on FY2023 the performance of Continuing Operations only. • The majority of revenue sources remained stable with the overall reduction in Group 39.8 rev
Slide 4: Financial Performance (2)
Financial Performance (2) FY2024 FY2023 • Continuing operations revenue decreased US$’M US$’M from $39.8m to $34.7m largely due to a Revenue 34.7 39.8 reduction in demand from a single major Gross profit 13.7 15.5 US customer. (Loss)/Profit after tax (5.1) (0.1) • Gross margin increased slightly to
Slide 5: Sustainability Report
Sustainability Report Source: Global Invacom Group Limited Annual Report 2024 5
Slide 6: Product Development
Product Development • XRJ Ka Band Transceiver Full frequency band coverage with configurable polarity settings, can operate on any Ka band vHTS GEO satellite network or any LEO/MEO/HEO constellation. Approved for operation on SES O3b mPOWER and O3b Classic. • XRE Ka Band Transceiver Electronic polar
Slide 7: Looking Ahead (1)
Looking Ahead (1) • Senior management team composition • Following the restructuring of our teams in the UK and Asia we have strengthened our capabilities in the R&D and Sales functions with the appointment of two new members of the senior management team to lead these functions. • Continued investm
Slide 8: Looking Ahead (2)
Looking Ahead (2) • SGX watchlist • The Group was placed on the watchlist as announced on 5 June 2024. • We are providing quarterly update reports as required and the Board aims to achieve the thresholds required to the exit watchlist in due course. • US Tariff • At this stage, the impact of any US
Slide 9: Important Notice
Important Notice Information in this presentation may contain forward-looking statements that reflect the current views of Global Invacom Group Limited (“GIGL” or the “Company” and together with its subsidiaries, the “Group”) with respect to future events and financial performance. These views are b
Slide 10: Stock code – SGX: QS9 | Bloomberg: RAD SP | Reuters: GLOB.SI
Stock code – SGX: QS9 | Bloomberg: RAD SP | Reuters: GLOB.SI