Vislink Technologies, Inc. · OTC:VISL
Vislink Technologies — Q2 2024 Earnings Presentation
13 slides from Vislink Technologies's earnings presentation, Aug 14, 2024
Slide 1: Q2 2024 Earnings Presentation
Q2 2024 Earnings Presentation August 14, 2024 www.vislink.com © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 0
Slide 2: Safe Harbor Statement
Safe Harbor Statement These materials have been prepared by Vislink Technologies, Inc. (“Vislink” or the “Company”) solely for use at the presentation. The information presented or contained in these materials is subject to change without notice. These materials contain “forward-looking statements”
Slide 3: Agenda
01 Q2 2024 Overview 02 Operational Update 03 Financial Results AGENDA 04 Core Market Updates 05 Product Advancements 06 Go-to-Market Strategy 07 Q&A © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 2
Slide 4: Q2 2024: Strategic Progress in 2024
Q2 2024: Strategic Progress in 2024 73% y/y revenue increase Growth to $8.7 Million Strong growth in Live Production and MilGov markets Landing key orders and converting BMS customers Systems deployed with U.S. Customs and Border Protection, Baltimore City, Baltimore County, and NJ State P
Slide 5: Strategic Appointments and Operational Enhancements
Strategic Appointments and Operational Enhancements Tracking Toward Three-Year Goals Effectively managing one-time expenses while advancing into the Drone C2 market for optimal cost control Leadership Appointments Donnie Gilliam – VP, Operations Expertise in operations, supply chain manage
Slide 6: Q2 2024 Results
Q2 2024 Results Total Revenue Q2: $8.7 million Gross Profit Q2: $4.9 million (56% of total revenue) Total Expenses Q1: $11.3 million Operating Loss Q1: $(2.6) million Net Loss Q1: $(2.3) million © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 5
Slide 7: Financial Overview
Financial Overview Continue to maintain a strong balance sheet with minimal debt $11.5 million of cash and short-term investments Expect cash flow improvements throughout 2024 $(millions) Q2 2024 Q2 2023 Change GAAP Revenue $8.7 $5.0 +73% Gross Profit $4.9 $2.7 +81% Gross Profit Margin 56% 53% +3% L
Slide 8: End Market Updates
End Market Updates MilGov Sustained strong demand as interest in the AeroLink platform grows Conversion of BMS’s network continues to drive growth Delivered initial shipments of substantial orders from U.S. Customs and Border Protection (CBP), providing advanced air- to-ground communication
Slide 9: Product Updates
Product Updates New products will contribute to almost all sales in 2026 Drone C2: Expanding into manned and unmanned applications with increased investment Launching a new website in September to enhance visibility and lead generation Joining the Grass Valley Technology Alliance to ensure p
Slide 10: Go-To-Market Strategies for 2024
Go-To-Market Strategies for 2024 Public Safety Four Targeted Segments Live Video Connectivity Video/Data Transport AVDS Broadcast Drone Control and Communications (Drone C2) Nurturing OEM Relationships Understanding their future requirements to align with Sports & Entertainment Vislink
Slide 11: Capitalizing on Forward Momentum
Capitalizing on Forward Momentum AVDS Air-to-Anywhere is expected to drive continued growth of our software and services-based revenue streams Increasing our share in MilGov markets Cash Targets Cash flow neutrality by the end of 2024 Cash flow positivity in 2025 Focused on further impro
Slide 12: Q&A
Q&A © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 11
Slide 13: Contact Us
Contact Us Matt Glover and Alec Wilson Gateway Group, Inc. VISL@gateway-grp.com 949-574-3860 /vislinktechnologies /vislink /vislinktechnologies /vislink /vislinktechnologies © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 12