Gilat Satellite Networks Ltd. · NASDAQ:GILT
Gilat Satellite Networks — Investor Presentation (August 2017)
22 slides from Gilat Satellite Networks's investor presentation, Aug 9, 2017
Slide 1: Gilat Satellite Networks – Company Overview
August 2017 NASDAQ, TASE: GILT Gilat Satellite Networks – Company OverviewA Worldwide Leader in Broadband Satellite Connectivity
Slide 2: Forward Looking Statements Disclaimer
Forward Looking Statements Disclaimer Certain statements made in this presentation that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intend
Slide 3: Gilat – Boundless Communications
Gilat – Boundless Communications 3 Mobility Mobile Air Land Enterprise Consumer 4G/5G Sea Most Advanced TechnologyTerrestrial-grade User Experience End-to-End ServiceMost Stringent Service Levels Global Presence20 Sales Offices Established 1987 NASDAQ / TASE: GILT ~1,100 employees Rural Broadband 2G
Slide 4: Global Footprint – Expanding a Diverse Customer Base
Global Footprint – Expanding a Diverse Customer Base 4 Carriers & Service Providers 300+ customers 500+ Networks 90+ countries System Integrators Governments Satellite Operators
Slide 5: Satellite Capacity Abundance is the New Reality – GEO + LEO/MEO
Satellite Capacity Abundance is the New Reality – GEO + LEO/MEO 5 Global HTS Bandwidth Supply, Demand and Price per Mbps $/Mbps/Month Gbps Source: Euroconsult, NSR, 2016 Abundance of capacity unlocks new markets >10 times today
Slide 6: Affordable Internet Everywhere is Becoming a Birth Right
Affordable Internet Everywhere is Becoming a “Birth Right” 6 We all want Broadband Everywhere. Anytime. Affordable. Mobility Rural Broadband Mobile Satellite delivers Affordable, Plentiful, Terrestrial-grade User Experience
Slide 7: Accelerating Connectivity – Growth Areas for Gilat
Accelerating Connectivity – Growth Areas for Gilat 7 Mobile Cellular Backhaul,Network Resilience, Public Safety Mobility In the Air, at Sea, on the Ground Rural Broadband Broadband to the Unserved and Underserved
Slide 8: MOBILE – Leading the Fast Growing Satellite Backhaul Market
MOBILE – Leading the Fast Growing Satellite Backhaul Market 8 $720M(2016) $2,900M(2026) Source: NSR, 2017 “Gilat is the fastest growing player in the vertical. It recently won large projects, boosting its market share…” Satellite Backhaul Market
Slide 9: MOBILE – Enabling Seamless Terrestrial-grade User Experience
Global End-to-End Services MOBILE – Enabling Seamless “Terrestrial-grade” User Experience 9 Affordable true LTE Backhaul Delivering superior technology and products for “terrestrial-grade” User Experience Enabling rapid network deploymentExpanding mobile coverage to rural, highways, islands, tourist
Slide 10: World's Fastest Broadband for LTE Backhaul
World’s Fastest Broadband for LTE Backhaul Confidential. Proprietary information. © Gilat Satellite Networks Ltd. 10
Slide 11: LTE Discovery
LTE Discovery LTELo6 R SIGNALS Sia - Cheap Thrills (Lyric Video) ft. Sean Paul LTE Discovery uTEL06 DISCOVER SIGNALS
Slide 12: MOBILITY – Superior Passenger Experience Drives Demand
MOBILITY – Superior Passenger Experience Drives Demand 12 3,800(2016) 28,400(2026) Satellite Broadband Connected Aircrafts Source: NSR, 2017 $280M(2016) $590M(2026) Aero Satellite Equipment Market
Slide 13: MOBILITY – Delivering Superior Passenger Experience
MOBILITY – Delivering Superior Passenger Experience 13 Materializing a huge potential Modems and hubs 1,850 gogo’s aircrafts Dual-band antennas Hughes, AirMedia and moreNext generation antennas - ESA/PAA Best technology for best User Experience Innovating to deliver breakthrough in capacity and user
Slide 14: Leading Performance Solutions for All In-Flight Connectivity
14 Leading Performance Solutionsfor All In-Flight Connectivity Modules Ku and KaTransceivers Dual BandKu/Ka Antenna 400MbpsModem
Slide 15: RURAL BROADBAND – Delivering Core Infrastructure Supporting Nation Building
RURAL BROADBAND – Delivering Core Infrastructure Supporting Nation Building 15 Growing service revenues Target:Recurring revenues >$50M revenues/ year, profitable, starting 2019, over 10 years Broadband to unserved & underserved Bridging the digital divide Connecting communities and individuals to t
Slide 16: Financial Indicators and Analysis
Financial Indicators and Analysis
Slide 17: Executing Profitable Growth Strategy
Executing Profitable Growth Strategy Annual Revenues Adjusted EBITDA Revenues: $280M - $290MGAAP Operating Profit: $7M - $11MAdjusted EBITDA: $22M - $26M 17 GAAP Operating Profit Updated 2017 Management Objectives (US$ millions)
Slide 18: Yearly Revenue & Gross Margin per Segment
Yearly Revenue & Gross Margin per Segment 18 Revenues, Gross margin, Non GAAP Gross margin (“NG” when applicable)
Slide 19: Quarterly Profit and Loss Highlights
Quarterly Profit and Loss Highlights (US$ millions, except per share data) 19 * Include tax amnesty and trade secrets litigation expenses** Adjustments reflect the effect of non-cash stock based compensation as per ASC 718, amortization of intangible assets related to shares acquisition transactions
Slide 20: Balance Sheet Highlights
Balance Sheet Highlights (US$ millions, except per share data) 20 June 30,2017 March 31,2017 Cash Balances1 109.5 93.1 Total Assets 383.1 377.4 Total Debt2 17.3 17.3 Shareholders’ equity 212.7 210.3 1) Including cash and cash equivalents, restricted cash and net of short term bank credits.2) Include
Slide 21: In Summary – Uniquely Positioned for Unlocking Opportunities
In Summary – Uniquely Positioned for Unlocking Opportunities Focused on strategy execution and profitability Significant new revenue opportunities Leading in the main growth areas – Mobile backhaul & In-Flight Mobility Demand for affordable broadband, anywhere anytime, is soaring 21
Slide 22: Thank You!
22 Thank You!
Gilat Satellite Networks — Investor Presentation (August 2017) on 6ix