Slide 1: FY21 Results Presentation
FY21 Results Presentation 30 August 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the “Company”) to provide under any circumstances create an implication that there has been no change in the affairs of Titomic since the date summary information about Titomic and their activities as at
Slide 3: Agenda
Agenda Joanna Walker, CFO - FY21 Financial results Herbert Koeck, CEO - Titomic at a glance - The Technology - Business Model - Outlook
Slide 4: FY21 Financials
FY 21 Financials
Slide 5: FY21 – Financials
FY21 – Financials June 2021 June 2020 Earnings Summary $,000 $,000 • FY21 was a disappointing financial result Revenue 1,985 2,006 Less Expenses (19,160) (12,833) • Necessary to reposition the business Loss before Income Tax (17,175) (10,827) • ($3.3m) one-off non-cash impairment for non- Less Tax -
Slide 6: FY21 – Financials
FY21 – Financials June 2021 June 2020 • Operating cash flows impacted by Statement of Cash Flows $,000 $,000 • one-off strategic consulting spend $0.5m Operating cash flows (9,037) (7,911) and redundancies $0.6m Investing cash flows (25) (1,087) • Additional labour costs for Interim CE0 Financing ca
Slide 7: Titomic at a glance
Titomic at a a glance
Slide 8: Titomic snapshot
Titomic snapshot • Founded in 2014 to develop a new type of additive manufacturing process, developed with the CSIRO, using cold-gas spraying of metal particles to produce 3D structures • This patented process is known as Titomic Kinetic Fusion® (TKF®), which Titomic has exclusive rights to commerci
Slide 9: New Leader, New Future
New Leader, New Future New leadership team Application driven growth A leading-edge technology in executing on journey driving with expert joint venture a very large growth market business success partners Herbert Koeck Transformation NOW CEO, Titomic Limited Build leadership, clear vision, Executio
Slide 10: Together, we make it possible
Together, we make it possible Executive team Herbert Koeck Joanna Walker Max Osborne Dominic Parsonson Chief Executive Officer Chief Financial Officer Head of Engineering Head of Sales • Joined Titomic in June 2021 after 14+ years at • Extensive sales and marketing management • Previously Executive
Slide 11: Together, we make it possible
Together, we make it possible Board Dr Andreas Schwer Mira Ricardel Dag W.R. Stromme Independent Non-Executive Chairman Independent Non-Executive Director Independent Non-Executive Director • CEO of Saudi Arabian Military Industries • Principal at The Chertoff Group • Currently Co-Chairman of PAACS
Slide 12: Taking our technology to the world
Taking our technology to the world We’re on track to expand across Australia, Europe, North America and beyond. Neos Titomic Tooling JV Saudi Arabia Production JV Titomic Europe Base UAE Tawazun JV Titomic Sales Office Technology Partnership Titomic USA Base Titomic Sales Shree Rapid Tri-D Dynamics
Slide 13: The Technology
The Technology
Slide 14: Why additive manufacturing?
Why additive manufacturing? Adoption is accelerating in key What is additive manufacturing? manufacturing industries • Additive manufacturing (AM), or 3D printing, is a digital manufacturing process The percentage of businesses in key industries who either already apply • Slicing three-dimensional d
Slide 15: Additive manufacturing market to reach almost $80B by 2025
Additive manufacturing market to reach almost $80B by 2025* 28% CAGR $80B 2020 – 2025 $60B Fuelled by rapid prototyping, faster $40B 24% CAGR turnaround, less waste 2015 – 2020 and lower emissions $20B $0B 2021 2017 2015 2019 2016 2018 2022 2023 2024 2025 2020 *Source: Wohlers Report 2020. Figures i
Slide 16: Unmatched value, certainty and confidence
Unmatched value, certainty Our Titomic Kinetic Fusion Process and confidence A new process that overcomes the limitations of melt-based metal additive manufacturing to produce parts faster, larger and more sustainably. Aerospace Less welding Less material and forming than billet Faster to market Bre
Slide 17: Titomic's Additive Manufacturing technology
Titomic’s Additive Manufacturing technology Titomic Kinetic Fusion (TKF) Key Attributes of the TKF Process • Exclusive rights to commercialise a new form of cold spray additive manufacturing called Titomic Kinetic Fusion • The TKF process uses cold spray technology which uses a compressed gas stream
Slide 18: Company Technical Comparisons
Company Technical Comparisons US Companies Australian Companies Company Wire Direct Digital Light Cold Spray Additive Wire Arc Additive 3D Print type Kinetic Fusion Binder Jet Powder Bed Fusion Deposition Synthesis Manufacturing Manufacturing Metal Parts Yes Yes Yes No Yes Yes Yes Part Build Size X-
Slide 19: Business model
ss ness model | a rt ee Ewan
Slide 20: Recurring revenue streams
Recurring revenue streams 1 Direct TKF Machine Sales 2 JV Partnerships 3 Powder Production/Sales 4 Consumables & Service • Each machine sale will lead to recurring • Titomic receives share of net profit of the JV • Recurring revenue stream following on from • Users of Titomic’s TKF systems require r
Slide 21: Joint venture partnerships
Joint venture partnerships More than a machine We share both the risks and rewards with our joint venture partners, bringing everything to their door: our patented process, technology and custom system. Phase 1 - Design Phase 2 - Assembly Phase 3 - Production & Sales Make prototype Validate and mark
Slide 22: Joint venture partnerships
Joint venture partnerships Expected JV commercialisation timeline • Multiple joint venture partnerships planned as at the end of FY21 • Prototype design work has already commenced on two of these partnerships 14 • First product expected to be sold in mid 2022 under existing partnerships • Additional
Slide 23: Our trusted customer base
Our trusted customer base Aerospace Defence Other Tooling and Aerospace Tooling and Structures TKF Machine Customer Tooling Joint Venture MRO Investigation Research Industrialisation Partner Light weighting of Vessels Tooling Reseller Prototyping Barrels & Ballistics Barrels Partner Reseller Aerospa
Slide 24: Unlocking unprecedented potential
Unlocking unprecedented potential Large & expanding market Proven process & industry leading • Strong tailwind with additive manufacturing market set to technology platform grow by 28% each year1 • Pioneering patented technology • Buoyed by rapid prototyping, faster turnaround, less co-developed wit
Slide 25: Titomic Limited
Titomic Limited 3/270 Ferntree Gully Road, Notting Hill, Victoria 3168, Australia PO BOX 225, Mount Waverley, Victoria 3149, Australia info@titomic.com | titomic.com