Slide 1: Annual General Meeting 10 November 2020
For personal use only ANNUAL GENERAL MEETING 10 NOVEMBER 2020 SOURCE SUPPLY SUPPORT
Slide 2: Order of Proceedings
For personal use only ORDER OF PROCEEDINGS Chairman’s Introductions Managing Director’s Presentation Questions Formal Business Closure SOURCE SUPPLY SUPPORT
Slide 3: Chairman's Introductions
For personal use only CHAIRMAN’S INTRODUCTIONS Board Members Peter Wallace – Chairman Peter Amos – Managing Director Tom Amos, David Swift and Santo Carlini – Non Executive Directors Robert Glasson – COO and Company Secretary Auditor Martin Coyle – BDO East Coast Practice SOURCE SUPPLY SUPPORT
Slide 4: Managing Director's Presentation
For personal use only MANAGING DIRECTOR’S PRESENTATION Peter Amos SOURCE SUPPLY SUPPORT
Slide 5: Our Profile
OUR PROFILE For personal use only Media Systems Commercial Installations Defence, Law Enforcement & Security Residential Installations Professional Products Home Entertainment Amber Technology is a leading value-added distributor of audio-visual and communications solutions. We support a network of
Slide 6: Our Financials
OUR FINANCIALS For personal use only Working Operating Revenue EBITDA NPAT Capital Cash Flow Net Debt $m $m $m $m $m $m FY20 58.7 3.3 0.8 10.6 1.3 3.8 FY19 57.2 (0.3) (1.3) 6.7 (0.5) 4.4 • Successful integration of acquisition of Hills Audio Visual division (“HAV”). • Turnaround in EBITDA and NPAT a
Slide 7: HAV Acquisition
HAV Acquisition For personal use only Ex-HAV Brand Revenue $m 1H FY20 0.6 2H FY20 8.9 FY20 9.5 1H FY20 2H FY20 • Achieving through successful capital raising. • Successful transfer of 26 new staff. • Significant increase in brand portfolio and customer base. • Strong second half revenue performance
Slide 8: Our Results Half on Half
Our Results Half on Half For personal use only Restructure JobKeeper Underlying Revenue EBITDA NPAT Costs Subsidy EBITDA $m $m $m $m $m $m H1 FY20 25.6 (0.4) (1.6) 0.7 - 0.3 H2 FY20 33.1 3.7 2.4 - (1.1) 2.6 FY20 58.7 3.3 0.8 0.7 (1.1) 2.9 • Results in 2H FY 20 significantly improved. • Underlying re
Slide 9: Managing the Impact of Covid-19
MANAGING THE IMPACT OF COVID-19 For personal use only • Impact most significant in Q4 FY20. • Biggest impact has been on live entertainment & events, and education. • JobKeeper subsidy important to cash flow across FY20 (and 1H FY21). • Proactive expense management underpinned solid cash flow. SOURC
Slide 10: Our Segments
OUR SEGMENTS For personal use only Reporting New Reporting Market Products and Services Segment Segment Media Systems • Supply, installation and support of major systems for the Broadcast and Post Production industry Defence, Law • Specific products focussed on defence and law enforcement. Professio
Slide 11: Our Strategy
OUR STRATEGY For personal use only Opportunity Growth Initiatives Professional • Leverage capabilities to deliver more system sales as complete supplier. Recent examples include the ABC and Ausbiz. • Focus on increasing our recurring services model of multi year support contracts. • Increasing our o
Slide 12: Outlook
For personal use only OUTLOOK SOURCE SUPPLY SUPPORT
Slide 13: 1H FY21 Results Guidance (unaudited)
1H FY21 Results Guidance (unaudited) For personal use only JobKeeper Underlying Revenue EBITDA Subsidy EBITDA $m $m $m $m H1 FY21 Forecast Range 34.0-38.0 3.6-4.0 (1.1) 2.5-2.9 Previous half – H2 FY20 33.1 3.6 (1.1) 2.5 Prior comparative period - H1 FY20 25.6 (0.4) - (0.4) • FY21 trend has improved
Slide 14: FY21 Contract Delivery and Wins
FY21 Contract delivery and wins For personal use only • Delivery of ABC contract announced in FY20 FY21 has occurred in 1H of FY21. • New wins include: • Supply of display technology into a major tertiary education facility. Delivery in 1H of FY21; and • Supply and support of communications equipmen
Slide 15: Important Information and Disclaimer
Important Information and Disclaimer For personal use only This information has been prepared by Ambertech Limited. This document contains background information about Ambertech Limited current at the date of this presentation. The presentation is in summary form and does not purport to be all inclu