DTI Group LtdASX: DTI

AGM CEO Update

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AGM - CEO update

November 23, 2021 | ASX: DTI

Matthew Strack, CEO

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FY21 in review

Improved Focus

Operations

Strengthened Financial

Base

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Focussed on 3 strategic markets: Rail, Light Rail and Bus.

Significant improvement in EBITDA despite delays in the supply chain as a result of COVID-19 quarantine lock downs and shortages in electronic components.

Maintained customer delivery schedules for major projects despite the supply chain challenges.

Developed new compact data recorder (CDR-6) targeted at the bus market.

Completed the development of Windows10 support and H.265 video compression on our mobile data recorder platforms.

Revenue of $18.57M, a 32% increase on FY20.

EBITDA of $435k, versus -$2.23M in FY20

Ongoing focus on cost reduction.

Won a number of contracts including the next phase of the San Francisco Light Rail expansion project.

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Key Financial Metrics

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Balance Sheet

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Company Snapshot

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Share Price

Company Details

Board members

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DTI

Mr Greg Purdy - Chairman

ASX code:

Closing share price:

$0.03

Mr Steve Gallagher

(22/11/2021)

Mr Andrew Lewis

Market cap:

$13.39M

Mr Chris Afentoulis

Issued shares:

446,618,570

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