Xreality Group Limited · ASX:XRG
Xreality — Investor Presentation (September 2024)
25 slides from Xreality's investor presentation, Sep 13, 2024
Slide 1: FY24 Results & Strategy Update
INVESTOR PRESENTATION FY24 Results & Strategy Update 13 September 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by xReality Group Limited RG) and provides general background information about the Company's activities. That information is current at the date of this presentation. The information is a summary and doesnot purport to be complete. This presentations n
Slide 3: Contents
Contents Company Overview Page 4-7 Company Overview Page 4-7 FY24 Review Page 8-12 FY24 Review Page 8-12 Strategy Update Page 13-20 Strategy Update Page 13-20 Appendices Page 21-24 Appendices Page 21-24 3
Slide 4: Company Overview
Company Overview 4
Slide 5: Company Overview
Company Overview xReality Group Limited (XRG) specialises in building and operating immersive XR products and experiences that enhance lives. xReality Group’s portfolio includes physical and digital simulation used across the enterprise, defence and consumer markets. Using technology we create exper
Slide 6: xReality Group Ltd Background
Company Overview xReality Group is an Australian company that specialises in building and operating virtual reality (VR), augmented reality (AR) and physical simulation for the enterprise markets, including law enforcement, defence and consumer leisure markets. The company serves both entertainment
Slide 7: xReality Group Ltd (ASX:XRG) Enterprise Entertainment
Company Overview xReality Group Ltd (ASX:XRG) Enterprise Entertainment In-House Development Indoor Skydiving Centre Virtual Reality Centre Bondi Operator XR Pty Ltd (AUS) Studio (AUS) Sydney Junction Indoor Skydiving Centre Virtual Reality Centre Operator XR LLC (US) Gold Coast Macquarie Virtual Rea
Slide 8: FY24 Overview
FY24 Overview 8
Slide 9: FY24 Highlights
FY24 Highlights US Department of Defence contract win in August 2024 - $5.6m project over 20 months US Operations Established for Operator XR PIVOTAL year for XRG, – 29 Global Customers at year end with 162 investing in the GROWTH active opportunities valued at $24.2m of OPERATOR XR supported Larges
Slide 10: FY24 Highlights
FY24 Highlights OPERATOR XR significant Total Contract $4.1m + 193% contribution to XRG in FY24 Value Operator XR is XRGs flagship vehicle to deliver Annual Recurring shareholder value into the future. Revenue $2.2m + 505% Proven success in a large global market: • Established operations in the US •
Slide 11: FY24 XRG Results Overview
FY24 XRG Results Overview $’000 FY2024 FY2023 Change Revenues 10,239 10,545 (3%) Strong increase in Operator XR Sales Gross Profit 8,614 8,595 1% and ARR EBITDA (263) 2,157 (112%) Substantial income booked for future NPAT (4,112) (1,691) (143%) years with deferred revenue of $4.01m - $720k of Operat
Slide 12: FY24 Operator XR Results Overview
FY24 Operator XR Results Overview Cumulative TCV FY24 4,500,000 3,750,000 3,000,000 2,250,000 1,500,000 750,000 - Q1 Q2 Q3 Q4 ARR Growth FY24 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 Q1 Q2 Q3 Q4 29 Global Customers, including 26 new customers in North America. Substantial Growth in Sales an
Slide 13: Strategy Update
Strategy Update 13
Slide 14: Company Strategy: Sustain > Invest > Expand
Company Strategy: Sustain > Invest > Expand • Continued operations of existing world class Entertainment business portfolio to sustain future revenue and operational Sustain cashflow, supporting future growth Existing Operations • Maintaining financial health and stability through ongoing engagement
Slide 15: Operator XR: What is the problem we are solving
Operator XR: What is the problem we are solving Ability to keep up with ever changing environment: Operator XR provides a software platform that is easily updated and The ability to conduct affordable training for current configured, that allow teams to train and rehearse at a lower risk and and evo
Slide 16: Operator XR: What makes us unique?
Operator XR: What makes us unique? • Operator XR is lead and operated by Special Forces and Law Enforcement Deep subject knowledge veterans with extensive experience in field operations, software and technology and experience • All software development is created in-house by some of the worlds most
Slide 17: Operator XR: Addressable Market
Operator XR: Addressable Market $3.37BN total addressable market for dismounted soldier and police officer immersive training. Total Addressable Market ARR > Market Share Sensitivity (USD$m) 1% 3% 5% 10% 20% Total Market Law Enforcement 2 United States 2.73 8.19 13.65 27.30 54.61 273.04 Rest of the
Slide 18: Operator XR: US Law Enforcement Market
Operator XR: US Law Enforcement Market Number of US Law Enforcement agencies by size. Tier 1 5,000 to 50,000 sworn Officers Tier 1 Annual Software Licence Range = $500k-$5m 14 TAM = 14 x $500k-$5m = $7m-$70m ARR Tier 2 Tier 2 500 to 5,000 sworn Officers Annual Software Licence Range = $100k-$500k 17
Slide 19: Operator XR: US Military Market
Operator XR: US Military Market US Military Budget 294% higher US Military than Law Enforcement Personnel 1,304,300 US Army Microsoft Augmented Annual Budget $842b US Reality Contract Value = $22b US Law Enforcement Military over 10 years Total sworn Officers 800,000 Estimated Military VR TAM = Annu
Slide 20: Operator XR: Delivering on Strategy
Operator XR: Delivering on Strategy Short Term Milestone Tracker FY2024 FY2025 • Established entry into the US market • Secure material US department of Defence Customer • Built Sales and Operations teams in the US • Continued investment in the US operations, customer service and sales teams • Build
Slide 21: Appendices
Appendices 21
Slide 22: Appendices: Board of Directors
Appendices: Board of Directors • Highly Experienced and strategic public company director John Diddams • • 40 years of financial management in Australia and overseas Experience in driving business performance, mergers & acquisition, due diligence and corporate governance. Chairman Non-Executive • Fo
Slide 23: Product Overview: OP-1
Product Overview: OP-1 OP-1 FOR MILITARY Portable | Secure | Immersive OP-1 is a dedicated Military solution allowing front-line roles to conduct virtual missions using their own specific service weapons and equipment. True integration of combat equipment for immersive near-real experience. Users ca
Slide 24: Product Overview: OP-1 LE
Product Overview: OP-1 LE OP-1 LE FOR LAW ENFORCEMENT Portable | Secure | Immersive OP-1 LE is changing the approach of Law Enforcement training. Through our highly portable and scalable virtual reality training system, officers train operational tactics and procedures more often, leading to increas
Slide 25: For further information contact:
For further information contact: Wayne Jones Chief Executive Officer wjones@xrgroup.com.au Kim Hopwood Executive Director khopwood@xrgroup.com.au xrealitygroup.com.au xrealitygroup.com.au
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