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ADVANCED BRAKING TECHNOLOGY LTD — AGM Information 2021
Nov 24, 2021
64282_rns_2021-11-24_aa2b9c52-c583-42b5-9b07-d97a94a1e234.pdf
AGM Information
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CEO Presentation AGM - 25 November 2021 1 © NOVEMBER 2021 – ADVANCED BRAKING TECHNOLOGY
© NOVEMBER 2021 – ADVANCED BRAKING TECHNOLOGY
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Disclaimer
The material contained in this presentation sets out general background information
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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 promoting sustainable business practices that protect people and the environment.
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EBITDA $0.91m 40% increase on pcp
Sales Revenue $9.7m 16% increase on pcp
Stable Gross Margin 46.3%
Substantially debt free
Net Profit $0.62m 263% increase on pcp
Cash Balance $1.41m $0.52m at 30 June 2020
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FY21 Highlights
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Continued revenue and profit growth achieved in FY21`
FY15 FY16 FY17 FY18 FY19 FY20 FY21
Revenue from trading activites Net profit/loss from continuing operations
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Continued revenue and profit growth achieved in FY21`
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5 © NOVEMBER 2021 – ADVANCED BRAKING TECHNOLOGY
FY21 Highlights
Robust and resilient business
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Significantly improved financial performance despite ongoing challenges from COVID-19 Continued diversification of customer base, in conjunction with prudent cost management contributes to a record sales and net profit result
Improving forward sales pipeline
Brand awareness
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Increased brand awareness through global conference participation, including EuroBrake 2021 Government Grant
Successfully secured a Defence Global Competitiveness Grant Leadership Continued to strengthen leadership team and internal capability New position created with Director – Strategy and Commercial appointed
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© NOVEMBER 2021 – ADVANCED BRAKING TECHNOLOGY
Growing global distribution and customer network ABT is well-positioned to take innovative solutions to market and capture additional business development opportunities globally
Sales & Distribution network covering >16 countries >20 years experience and the original manufacturer of sealed brake technology Further growth planned through expansion of our Australian and international footprint
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Product, customer and industry diversification
Sales by Industry (rolling 12 months)
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Mining
Civil Construction
Fleet
Mining Services
Defence
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Defence
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Waste Management
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Civil Construction
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Growth strategy
ABT continues to build on the momentum already created by implementing its growth strategy through:
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➢ organic growth of our existing business through continued internal innovation
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➢ pursuing high impact growth opportunities in markets that require innovative braking systems for transport solutions of the future
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➢ inorganic growth through the implementation of our Joint Ventures, Partnering and Acquisitions strategy
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➢ increasing control of our supply chain
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9 © NOVEMBER 2021 – ADVANCED BRAKING TECHNOLOGY
Priorities and Outlook for FY22
The foundations for growth are now in place
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Continue to drive:
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Innovation through Voice of Customer and identification of market gaps
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Diversification by leveraging our current product offering to both existing and new customers across a range of industries
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Assess organic and inorganic growth opportunities that can provide expanded product offering or increase in distribution footprint through acquisitions, strategic partnerships joint ventures and other initiatives
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Expand our Australian and international distribution footprint by partnering with local businesses within key geographic regions
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Continue to improve financial performance
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Position ABT for the future to participate in the automotive megatrends of automated, electric and connected vehicles
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Key messages
The foundations for growth have now been established
A number of growth opportunities have been identified and are currently being evaluated
ABT will gain size and scale through organic growth, mergers, acquisitions and partnering opportunities
ABT will continue to innovate to ensure its product portfolio has a role to play in the automotive megatrends of automated, electric and connected vehicles
We will succeed as we are an innovative solution provider that has the right leadership, people, products and customer base that values the safety of people and equipment and cares for the environment
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Board and Management Team
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Dagmar Parsons Non-Executive Chair
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David Slack Non-Executive Director
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John Annand Chief Executive Officer
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Adam Levine Non-Executive Director
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Paige Exley Chief Financial Officer
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Mark Lindh Non-Executive Director
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For further information, please contact:
Corporate
Mr. John Annand
Chief Executive Officer
T: +61 (0) 8 9302 1922
Investors
Stephanie Ottens
Market Eye
T: +61 (0) 434 405 400
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