Vislink Technologies, Inc. · OTC:VISL
Vislink Technologies — FY2023 Earnings Presentation
14 slides from Vislink Technologies's earnings presentation, Apr 1, 2024
Slide 1: Q4 and FY 2023 Earnings Presentation
Q4 and FY 2023 Earnings Presentation April 1, 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 2023 Overview 02 Three-Year Financial Plan 03 Financial Results AGENDA 04 Target Market Updates 05 Product Advancements 06 Go-to-Market Updates 07 Q&A © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 2
Slide 4: 2023: A Year of Transformation
2023: A Year of Transformation Software and Services revenue rising High-margin revenue was above 10% in 2023 Growth in MilGov markets 75% revenue growth Y/Y in 2023 Acquired Broadcast Microwave Services (BMS) assets Extends Vislink’s market-leading position in the AVDS market Adds key
Slide 5: Three-Year Financial Plan
Three-Year Financial Plan Significant revenue growth and cash performance in 2024 Expectation of cash flow in 2025 These expectations are being driven by: 50% expected CAGR in MilGov markets over next several years, fueled by recent innovations and acquisitions 70% of revenue in 2024 is ex
Slide 6: Q4 & FY 2023 Results
Q4 & FY 2023 Results Total Revenue Q4: $8.1 million FY 2023: $27.5 million Gross Profit Q4: $3.7 million (45% of total revenue) FY 2023: $14.1 million (51% of total revenue) Total Expenses Q4: $10.6 million FY 2023: $38.1 million Operating Loss Q4: $(2.6) million FY 2023: $(1
Slide 7: Financial Overview
Financial Overview Continue to maintain a strong, debt-free balance sheet $14.2 million of cash and short-term investments Expect cash flow improvement throughout 2024 $(millions) Q4 2023 Q4 2022 Change FY 2023 FY 2022 Change GAAP Revenue $8.1 $7.4 +9% $27.5 $28.1 (2)% Gross Profit $3.7 $(0.1) +103%
Slide 8: Accelerating Growth in MilGov Markets
Accelerating Growth in MilGov Markets Significant orders to finish 2023 Over $2 million in AVDS orders in North American public safety in Q4 Substantial order with a leading air force in EMEA in Q4 Strategic acquisition and integration of BMS assets Finalized acquisition in September 2023,
Slide 9: Live Production Markets Update
Live Production Markets Update Focal VR, Aspire, and A2RL Series Partnership Providing our VR over RF wireless solutions for autonomous driving race cars Allows users to experience real-time VR from the cockpit directly to headsets $1.8M contract with room for growth Partnered with Zoom Co
Slide 10: Product Updates
Product Updates 70% of 2024 sales expected to come from products developed in last 2 years AVDS solutions at the forefront Introduced Air-to-Anywhere LinkMatrix platform expansion Bedrock of software and services offering Integrated cloud compatibility to enhance remote workflows AI in
Slide 11: Evolving Go-To-Market Strategies for 2024
Evolving Go-To-Market Strategies for 2024 Public Safety Four targeted segments Live Video Connectivity AVDS Video/data transport Drone Control and Communications Broadcast Value-Added Reseller (VAR) program expansion "Enhancing VAR effectiveness through improved communications, incenti
Slide 12: Capitalizing on Forward Momentum
Capitalizing on Forward Momentum Enabling software and services sales over hardware platforms Increasing our share in MilGov markets Exploiting our operating leverage to drive cash flow returns New three-year plan with expansion initiatives Cash flow improvement in 2024 Cash flow positiv
Slide 13: Q&A
Q&A © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 12
Slide 14: Contact Us
Contact Us Matt Glover and Alec Wilson Gateway Group, Inc. [email protected] 949-574-3860 /vislinktechnologies /vislink /vislinktechnologies /vislink /vislinktechnologies © COPYRIGHT 2024 VISLINK TECHNOLOGIES, INC. ALL RIGHTS RESERVED. 13