Pro-dex, Inc. · NASDAQ:PDEX
Pro-dex — Investor Presentation (July 2017)
14 slides from Pro-dex's investor presentation, Jul 3, 2017
Slide 1: Investor Presentation
Investor Presentation Presented by Rick Van Kirk, CEO
Slide 2: Investment Highlights
Investment Highlights 2 Pro-dex is a high-growth innovative technology company with finished device contract → manufacturing High value product pipeline multiple → Strong long term relationships with dominant and strategic orthopedic OEMs → High value intellectual property → Increasing margins and c
Slide 3: Pro-dex Past to Present
Pro-dex Past to Present 3 FYE: 06/2016 MRQ: 2017 Q3 Next Rpt: 09/14/17 $7.00 $6.00 PDEX Share Price Revenue Q1 Q2 Q3 Q4 FY $5.00 FY2014 2.6 2.6 2.4 3.2 10.8 $4.00 FY2015 2.6 2.8 3.9 4.1 13.4 $3.00 FY2016 4.1 5.2 5.2 5.3 19.8 $2.00 FY2017 5.4 4.6 6.6 5.3* 21.9* $1.00 FY2018 5.5* 5.0* 5.6* 5.8* 21.9*
Slide 4: Pro-dex Core Business
Pro-dex Core Business 4 → Arthroscopic Shavers → Sagittal saw Pro-dex has deployed “The interface mechanisms smart drivers in CMF with 3 major companies between surgeons → Craniomaxillofacial that account for over Drivers 60% of the CMF market. and patients.” The field of surgical robotics is rapidl
Slide 5: Surgical Power: Addressable Market $1.2-1.7bn
Surgical Power: Addressable Market $1.2-1.7bn 5 CMF $ 29.2 Pro-dex has greater than Global Orthopedic bn Thoracic 60% market share in CMF, Devices Market Revenue, Shoulder the smallest market in the 2012 orthopedic space Opportunity to take share Elbow with differentiated solutions Spine in strategi
Slide 6: TorqueDrive
TORQUEDRIVE 6 The software algorithm can be integrated across a family of products from small bone and CMF (MatrixPro) to large bone and trauma High product differentiation and a significant driver of sales conversions Our algorithms do not affect the operation of non drill/drive ancillary operation
Slide 7: Technology Overview
Technology Overview 7 Variable Density Has Limited Affect on Screw Characterization Pro-dex utilizes algorithmic methods to characterize certain unchanging features of a torque curve. For example: → A screw seating has universal features regardless of the screw type or the substrate density (osteopo
Slide 8: Small Bone: CMF, Thoracic, Extremities
Small Bone: CMF, Thoracic, Extremities 8 Key Capabilities: → Adaptive torque limiting for rapid- driving screws and perfect seating of screws → Screw stripping prevention Pro-dex serves > Positive surgeon 60% of the feedback → Drill and Drive Mode Capabilities market (3 major → Rechargeable battery
Slide 9: Spine
Spine 9 → Filed several patents on the execution of torque limiting in this application Prevention of → Should have a prototype ready to demonstrate that if cortical contact occurs cortical breach the device terminates driving action. via tissue → Advancing and perfectly tightening set differentiati
Slide 10: Trauma, Large Bone, Reconstructive
Trauma, Large Bone, Reconstructive 10 Prevention of cortical breach via tissue differentiation 16 14 Screw seating → Adaptive Torque limiting torques significantly does not affect 12 higher than Tissue application of non-driving 10 Removal Torques applications 8 → Rapid driving and seating of screws
Slide 11: Monogram
Monogram 11 Monogram Technology highly disruptive to existing robotic solutions → Surgical Robotics (Mako, Bluebelt, Rosa) → Cloud Based Surgical Navigation (Brainlab, Materialize, Surgical Theater) → Patient Specific Additive Manufacturing (Conformis, 3D Systems) → Exit multiples have ranged betwee
Slide 12: High Potential Future Product Portfolio
High Potential Future Product Portfolio 12 Arthroscopic System Adjustable Torque Acetabular Cup with Proprietary Wrench ATLAS Pro-driver Revision Tool Blade Design Spinal Drill/Driver → First Pro-dex branded → First Pro-dex branded → Negotiating potential → Negotiating potential → Promising R&D prod
Slide 13: Management Team
Management Team 13 Rick Van Kirk, MBA, President & CEO 35 years experience – Pro-Dex, Unisys, Dynacast International, Comarco Alisha Charlton, CFO 26 years experience – Pro- Dex, Comarco, CKE Restaurants, KPMG Rosie Hokanson, HR Manager 25 +years experience – Pro-Dex, Comarco, Graypoint Auto, Onyx A
Slide 14: Pro-Dex
Pro-DE POWERED SURGICAL DEX