Slide 1: Investor Update: FY21 Preliminary Financial Results (Unaudited)
Investor Update FY21 Preliminary Financial Results (Unaudited) 29 July 2021
Slide 2: Cautionary statement
Cautionary statement This presentation includes statements looking-forward that involve risks and uncertainties. These statements are based upon management’s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factor
Slide 3: World leader in the design and manufacture of integrated engine systems
World leader in the design and manufacture of integrated engine systems for military drones* (* Tactical Unmanned Aerial Vehicles ‘UAVs’) © 2021 Orbital Australia Pty Ltd 3
Slide 4: At a glance
At a glance Orbital UAV (ASX : OEC) FY21 revenue: $31.2M (unaudited) FY20: $33.8M FY19: $15.3M Primary engine supplier to Boeing Insitu Two of five engine models in production Contract with Textron subsidiary Lycoming Engines Engine development program and long-term supply agreement Singapore defenc
Slide 5: Defence & UAV market
Defence & UAV market Rising budgets and increasing demand Rising global Increased UAV Rapid adoption Defence budgets + production + of UAVs • Global defence spending • Worldwide UAV production • UAVs becoming an reached US$1.83 trillion in forecast at US$95.5 billion increasingly strategic 2020 – a
Slide 6: Financial highlights
Financial highlights For the Financial Year ending 30 June 2021 All FY21 figures FY21 FY20 FY19 Revenue unaudited $’000 $’000 $’000 • Boeing-Insitu reduction in required engine volumes Revenue 31,202 33,823 15,253 • Delayed start of production to 3rd engine production line due to ongoing customer re
Slide 7: Engine production lines
Engine production lines Existing production lines underpinned FY21 revenue Status: 1. Status: 2. © 2021 Orbital Australia Pty Ltd 7
Slide 8: Boeing-Insitu long term agreement
Boeing-Insitu long term agreement Primary engine supplier to Boeing-Insitu Status: 3. 1. ScanEagle2 Status: Status: 4. Development timeline TBD Integrator™ 2. Status: Status: 5. Development timeline TBD ScanEagle® ScanEagle3 Images stylised for confidentiality reasons © 2021 Orbital Australia Pty Lt
Slide 9: Engine development programs
Engine development programs Significant long-term revenue opportunities Delivered Milestone * SINGAPORE * DEFENCE COMPANY © 2021 Orbital Australia Pty Ltd * For illustrative purposes only 9
Slide 10: FY22 outlook
FY22 outlook Building customer revenue diversity Boeing-Insitu 3rd engine production line operational & 4th engine development program initiated Textron engine production line operational Hood River USA Singapore & Northrop Grumman production opportunities progressed Additional customer contracts Pe
Slide 11: Contact details
Todd Alder Ian Donabie Managing Director / CEO www.orbitaluav.com Corporate Communications Manager +61 8 9441 2311 +61 8 9441 2165 contact@orbitalcorp.com.au idonabie@orbitalcorp.com.au