Dug Technology Ltd · ASX:DUG
Dug Technology — H1 FY21 Earnings Presentation
25 slides from Dug Technology's earnings presentation, Feb 22, 2021
Slide 1: DUG H1 FY21 Results Presentation
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Slide 2: DUG in a nutshell
DUG in a nutshell o DUG is … o Software o Big compute o Big data o Numerical algorithms o Services o Delivered through … o 4 global offices and high-performance computing centres o 29 petaflops of compute and 35 petabytes of storage o c. 300 staff o Delivered to … o 200 customers o 48 countries 2
Slide 3: H1 FY21 highlights
H1 FY21 highlights o DUG listed on ASX in August 2020 o Revenue at US$24.2m with EBITDA of US$4.2m o DUG Insight Software revenue growth 12% year-on-year o HPCaaS revenue growth 86% half-on-half o Committed compute and storage revenue up 213% half-on-half o Margin improvements in Software and HPCaaS
Slide 4: Industry diversification case study – Harry Perkins Institute
Industry diversification case study – Harry Perkins Institute o Landmark medical research client signed in October 2020, validating DUG’s industry expansion strategy o The Harry Perkins Institute of Medical Research is one of Australia’s leading medical research institutes investigating diseases aff
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Slide 6: HPCaaS outlook
HPCaaS outlook o CSO measures the HPC market as c.US$151bn in 2019 and forecast it to grow c.25% per year from 2019 to 2026 for a predicted market size of c.US$719bn o DUG’s HPC team completed 18 proof of concepts during H1 FY21, with 7 currently underway, outside of the Oil & Gas (O&G) industry o I
Slide 7: H1 FY21 Segment Performance
H1 FY21 SEGMENT PERFORMANCE 7
Slide 8: Software segment performance
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Slide 9: HPCaaS segment performance
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Slide 10: Services segment performance
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Slide 11: Services segment performance
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Slide 12: Financial performance
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Slide 13: Profit and loss
Profit and loss Change Change US$’m H1 FY21 H2 FY20 H1 FY20 (hoh) (yoy) o DUG is successfully transitioning towards Software and HPCaaS HPCaaS 1.3 0.7 0.6 0.8 0.5 o HPCaaS revenue up 86% half-on-half and DUG Insight revenue up Services 18.2 17.0 1.2 19.9 (1.7) Software 3.3 2.1 1.2 4.6 (1.3) 12% year
Slide 14: Balance sheet
Balance sheet US$'m 31-Dec-20 30-Jun-20 o Fixed assets reflect the net book value of compute, storage, network and data room Cash 14.7 12.0 infrastructure Trade and other receivables 12.8 10.7 Current assets 27.5 22.7 o DUG builds long-lead time data centre infrastructure upfront, with short lead-ti
Slide 15: Cashflow
Cashflow US$'m H1 FY21 H1 FY20 o Underlying operations are cash generative Underlying operating cashflow 0.6 1.2 Non-recurring cash items (1.3) - o Invested US$5.5m in increasing compute, storage and networking Statutory net cashflow from operating act (0.7) 1.2 capacity in the Houston facility Capi
Slide 16: Summary & outlook
Summary & outlook o DUG is well positioned to grow revenue and earnings o DUG is in multiple discussions to extend its software and HPC expertise into other industries o Harry Perkins and ICRAR are just the start o Large amounts of DUG’s deep seated expertise are applicable in many other industries
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Slide 18: Appendix
dug Appendix
Slide 19: DUG's global footprint and capacity
DUG’s global footprint and capacity 19
Slide 20: The Evolution of DUG
The Evolution of DUG U DUG founded by Matt Lamontand Troy Thompson. Initial development of HPC system. 1 DUG Perth moves office. [5 DUG Houston moves toa large newoffice DUG provides hardware and software on Polarcus's seismic acquisition vessels tofacilitate real-time onboard quality control and {f
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Slide 23: DUG Cool data centre plans
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Slide 24: Reach for the Sky
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Slide 25: Disclaimer
Disclaimer This presentation has been prepared by DUG Technology Ltd ("DUG") based on information available as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision. Reliance sh