Acusensus Ltd · ASX:ACE
Acusensus — Investor Presentation (February 2024)
23 slides from Acusensus's investor presentation, Feb 26, 2024
Slide 1: First Half FY24 Results Presentation
AQCUSENSUS intelligent eyes First Half FY24 Results Presentation
Slide 2: Disclaimer
| DISCLAIMER This presentation has been prepared by and is being issued by Acusensus Limited (ASX:ACE) (Company or Acusensus) for information purposes only. Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set out below. The infor
Slide 3: Agenda
AGENDA Acusensus Introduction & First Half FY24 Highlights Update on Business Operations Financial Performance , | Outlook Alexander Jannink how Managing Director hief Financial Officer ) — Q&A —=
Slide 4: Introduction & First Half FY24 Highlights
ACUSENSUS INTRODUCTION & FIRST HALF FY24 HIGHLIGHTS
Slide 5: Road Safety Needs Improvement
| ROAD SAFETY NEEDS IMPROVEMENT Acusensus was founded to empower authorities globally to tackle their road safety issues with artificial intelligence enabled compliance enforcement solutions Cay S ov Oe 1.2 million Road traffic Excluding crashes Road crashes Authorities are focusing people die and i
Slide 6: Acusensus - Providing Innovative Technology
| ACUSENSUS - PROVIDING INNOVATIVE TECHNOLOGY Successfully developed, manufactured, deployed and operated multi-function technology solutions with the ability to combat multiple road safety issues with a single installation Introduction e Technology company founded in 2018 to improve road safety wit
Slide 7: 1H FY24 Financial Highlights
| 1H FY24 FINANCIAL HIGHLIGHTS Continued revenue momentum with improving profitability Total Contract Value’ of LM, Revenue of Gross Profit of © $165m ‘illl| $24.7m 8) $11.1m 7 multi-year service contracts Up 25% compared to PCP* Gross Margin of 45.0% (up 250 bps) EBITDA of Capital expenditure? of S
Slide 8: Update on Business Operations
UPDATE ON BUSINESS OPERATIONS
Slide 9: Australian Business Performing Well
| AUSTRALIAN BUSINESS PERFORMING WELL Signing of South Australia contract will result in half of Australia’s state and territories using our technology to address distracted driving e New five-plus year contract signed with South Australian Government in January 2024 for provision of multiple fixed
Slide 10: International Businesses Gaining Traction
INTERNATIONAL BUSINESSES GAINING TRACTION International growth has been focused on educating the market about our innovative Heads-Up solution to address road safety concerns © Opening the market for realtime multi- ¢ Moving from one-off pilots to medium © Awaiting results of tender submitted for fu
Slide 11: Ensuring Operations Are Structured To Provide Scale
| ENSURING OPERATIONS ARE STRUCTURED TO PROVIDE SCALE Adjusted operating structure and investments in additional headcount and assets to support growth and internationalisation of the business e Enacted change to operations structure to best position the company for scale and growth o Implemented pr
Slide 12: Focus On Product Development
| FOCUS ON PRODUCT DEVELOPMENT Continued improvement of product offering, addressing adjacent applications and pursuing complementary technology to meet needs of similar customers © Continued product improvement through extensive data collection and training of artificial intelligence for phone and
Slide 13: Acusensus Guardian Innovation
# FINALIST # Acusensus Guardian Innovation 13
Slide 14: Financial Performance
FINANCIAL PERFORMANCE
Slide 15: Demonstrating Continued Growth
| DEMONSTRATING CONTINUED GROWTH Track record of consistent growth with demand for our innovative products and services 11.1 1H FY22 2H FY22 1H FY23 2H FY23 1H FY24 1H FY22 2H FY22 1H FY23 2H FY23 1H FY24 1H FY222H FY22 1H FY232H FY231H FY24 1. CAGR represents compound annul growth rate (@ acusensus
Slide 16: Profit & Loss
| PROFIT & LOSS Strong top-line and gross profit performance driven by new and existing customers with additional investment in operating expenses to support business growth and maturity * Revenue increased 25% due to new contracts for ACT distracted driving and Queensland speed, Ls variations to ex
Slide 17: Cash Flow
| CASH FLOW Improvement in cash flow from operating activities, with continued investment to position the business well for future growth ($m) 1H FY23 1H FY24 EBITDA 1.8 25 Change in working capital (3.3) (3.7) © Positive cash flow from operating activities of $0.5m Other non-cash items 05 13 driven
Slide 18: Balance Sheet
| BALANCE SHEET Robust balance sheet with adequate cash on hand to fund future growth ($m) 30-Jun-23 31-Dec-23 [dtedelandlotherreceivables 8.6 Os: @ Well capitalised with cash balance of $21.1 million Inventories 14 18 (including $12.0 million term deposit). This amount ° ° is sufficient to fund the
Slide 19: Outlook
OUTLOOK
Slide 20: Growth Strategy - Two Key Pillars
| GROWTH STRATEGY — TWO KEY PILLARS Acusensus is focused on reaching the global market with its distracted driving enforcement solution and benefitting from its first mover advantage Market strategy Focus on reaching the global market with Acusensus’ distracted driving enforcement solution Capitalis
Slide 21: Outlook
| OUTLOOK Consistent top-line performance, increase in growth investment e Acusensus remains well positioned to deliver revenue growth in FY24, driven by demand for its innovative road safety enforcement services. The Company has secured a number of contracts that will drive incremental revenue in F
Slide 22: 22
22
Slide 23: Enquiries
Enquiries Anita Chow Chief Financial Officer, Acusensus Limited +61 408 261 554 Email: investor-relations@acusensus.com Simon Hinsley Investor and Media Relations +61 401 809 653 Email: simon@nwrcommunications.com.au C OCUSCWSBS intelligent eyes