Advanced Braking Technology Limited · ASX:ABV
Advanced Braking Technology — Shareholder Meeting (November 2022)
31 slides from Advanced Braking Technology's shareholder meeting presentation, Nov 16, 2022
Slide 1: CEO Presentation – AGM 16 November 2022
For personal use only CEO Presentation AGM – 16 November 2022 Presented by Andrew Booth, CEO 1
Slide 2: Disclaimer
Disclaimer For personal use only The material contained in this presentation sets out general background information 2 © NOVEMBER 2022 – ADVANCED BRAKING TECHNOLOGY
Slide 3: Agenda
For personal use only • FY22 Highlights • Full Year Results • FY23 Quarter One Results Agenda • About ABT • Market Overview • Product And Customer Overview • Strategy and Outlook 3
Slide 4: FY22 Highlights
FY22 Highlights For personal use only • Sustained double-digit revenue growth • Record year-on-year sales growth, • Positive cash flow from operations for the year • Deepening our valuable blue chip customer relationships • • Strengthening ABT’s foundation capabilities to support scalability • Suppl
Slide 5: Full Year Results Overview
Full Year Results Overview For personal use only Demonstrated results across key metrics EBITDA Product Sales Margin Net Profit Positive trend 45.1% Positive trend continuing continuing Operating Sales Cash Balance Substantially $11.09m debt free $1.739m +12.5% on previous year $1.41m at 30 June 202
Slide 6: Financial performance
Financial performance Continued positive net profit result For personal use only • Solid increase in total revenue of $11.74 million, up 12% FY22 FY21 Change on previous corresponding period (pcp) Total Revenue $11.74m $10.45m 12% • Operating Sales increased to $11.09 million, up 14% on Operating Re
Slide 7: Cash Flow performance
Cash Flow performance For personal use only • Improved cash position of $1.74 million, an increase ($m) FY22 FY21 of $0.33 million on prior year. Net cash from 0.40 1.21 • Improved sales driving improved cash position operating Net cash from investing (0.03) (0.27) Net cash from (0.04) (0.04) financ
Slide 8: Q1 FY23 Results Overview
Q1 FY23 Results Overview For personal use only Demonstrated results across key metrics EBITDA Product Sales Margin Net Profit Positive trend 50.5% $0.446M continuing +12.9% on PCP +814% on PCP Operating Sales Cash Balance Substantially $3.03m debt free $1.65m +12.6% on previous corresponding $1.74m
Slide 9: Operating sales by quarter
Operating sales by quarter Q1 FY23 Sales +113% on Q1 FY22 For personal use only 9
Slide 10: About Advanced Braking Technology
For personal use only About Advanced Braking Technology 10
Slide 11: We believe in safety – it is central to everything we do
For personal use only WE BELIEVE IN SAFETY – IT IS CENTRAL TO EVERYTHING WE DO Through embracing ‘Safety Principles’ in everything we do, we aspire to create prosperity for everyone that is touched by our business. We aim to produce and sell innovative braking solutions with the commitment to promot
Slide 12: Company Overview
• Designed, developed, tested and manufactured For personal use only in Australia Company • >20 years original manufacturer of sealed wet Overview brake technology Heavy duty braking solutions to the mining, defence, waste management and civil construction industries with further diversification und
Slide 13: Safety & Sustainability is at our Core
Safety & Sustainability is at our Core For personal use only Brakes in 40+ Countries & planned further expansion of global footprint 13
Slide 14: Executive Management Team
Executive Management Team For personal use only Andrew Booth Angela Godbeer David Newcombe Chief Executive Officer Chief Financial Officer Engineering Manager
Slide 15: Market Overview
For personal use only 15 Market Overview
Slide 16: Global Demand Analysis & Opportunity Outlook 2030
Global Demand Analysis & Opportunity Outlook 2030 For personal use only • The global underground mining market is anticipated to grow ~18% CAGR 2022 - 2030 • Rapid industrialisation in developing nations • And increasing implementation of IoT are the factors boosting market growth. = increasing dema
Slide 17: Value proposition
Value proposition Product portfolio providing solutions to a number of identified problems For personal use only Problems identified ABT solution Customer benefits 1. Damage suffered to OEM braking Enclosed and sealed braking • Significantly improved safety for both people systems operating in harsh
Slide 18: Helping our customers address their ESG goals
Helping our customers address their ESG goals ABT Sealed Integrated Brake Solutions (SIBS), address all aspects of ESG providing solutions for where the environment and safety is paramount. For personal use only 18
Slide 19: Product and Customer Overview
For personal use only Product and Customer Overview 19
Slide 20: Current core products
Current core products Product solutions for a range of situations For personal use only Wet Wheel End for Light Commercial Vehicles Wet Driveline Brakes for Light Medium and Heavy Vehicles Fully Sealed Integrated Brake System Fully Sealed Integrated Brake System With With 20 Failsafe Capability Fail
Slide 21: Customers and end users
Customers and end users ABT continues to grow its blue chip customer base For personal use only 21
Slide 22: ABT & Glencore enter joint product development agreement
ABT & GLENCORE ENTER JOINT PRODUCT DEVELOPMENT AGREEMENT – For personal use only SEALED INTEGRATED BRAKING SYSTEM FOR VOLVO HAUL TRUCK • ABT and Glencore enter into an agreement for the development of a Sealed Integrated Braking System (SIBS) for Heavy Vehicle mine haulage fleet. • Upon successful v
Slide 23: ABT Heavy Vehicle SIBs
ABT Heavy Vehicle SIBs For personal use only Problems requiring a solution Damage suffered by OEM braking systems in Sealed / enclosed ABT brake (SIBS) harsh off-road environments; strike impact and dust ingress High frequency Maintenance and Parts ABT Brakes offer extended Life and Replacement Main
Slide 24: Strategy and Outlook
For personal use only Strategy and Outlook 24
Slide 25: ABT 2022 - Foundation for Growth
ABT 2022 - Foundation for Growth For personal use only • Financial Strength • Sustainable Profitability • IP Using SIBs Design • Blue Chip Customer Base • ABT Team • International Market Growth • Strong Supplier Base • Scalability • Strong supportive Key Investors/Shareholders 25 © NOVEMBER 2022 – A
Slide 26: Inorganic Strategy delivers Growth and Diversification
Inorganic Strategy delivers Growth and Diversification For personal use only ABT’s Corporate Development Strategy for Inorganic Growth will deliver: 1. Revenue diversity (Products / Channels / Industries) and growth 2. Technology and added technical capability 3. Organisational scale and operating l
Slide 27: ABT 2025 Strategic Horizon
ABT 2025 Strategic Horizon The foundations for growth are now in place use only Horizon 3 = Scale • Product and vehicle applications for commercial use off and on-road • Engineering and Manufacture of Brake Safety Systems in global proximity to market/customer demand • Solutioning for zero emission
Slide 28: IMARC Insight
IMARC Insight International Minerals and Resources Conference 2022 For personal use only • • • • • 28
Slide 29: Diggers Insight
Diggers Insight Diggers and Dealers 2022 For personal use only • • • • • • • 29
Slide 30: Strategy By 2023
Strategy By 2023 Generate material growth in both revenues and earnings by offering innovative safety For personal use only and braking solutions to a global customer base LEVERAGE DISTRIBUTION DIVERSIFY INNOVATION GROWTH ORGANISATIONAL CAPITAL our existing supplier products, through CAPABILITY ALLO
Slide 31: Thank you for attending
Thank you for attending For further information, please contact: For personal use only Mr. Andrew Booth Chief Executive Officer T: 61 (0) 8 9302 1922 Kaitlin Smith Company Secretary T: +61 430 371 739 [email protected] 31
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