AMBERTECH LIMITED — AGM Information 2019

Nov 27, 2019

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Order of Proceedings
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ANNUAL GENERAL MEETING 2019

AGM Presentation

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~~Managing Director’s Update~~

2019 Financial Results - Overview Revenue up 10.3% to $57.2M After tax loss $1.33M (2018: $0.15M) EBIT $-0.7M (2018: $0.47M)

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~~Managing Director’s Update~~

Factors Affecting the F2019 Result

Top line driven by delivery of multiple broadcast projects Continued growth from commercial installation brands Residential installation market flat

GP% erosion across multiple segments

Decline in CE Retail market and Onkyo sale/non-sale

Growth in Defence, Law Enforcement and Security Communications market subject to longer gestation periods

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~~Managing Director’s Update~~

Addressing the underlying issues

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~~Managing Director~~ ’ ~~s Update~~

Focus on GP% restoration

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Pre-Existing Ambertech Business
70,000 33.0%
32.0%
60,000
31.0%
50,000
30.0%
40,000 29.0%
30,000 28.0%
27.0%
20,000
26.0%
10,000
25.0%
0 24.0%
2016 2017 2018 2019 Projected
Sales Revenue GP%
$'000
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~~Managing Director~~ ’ ~~s Update~~

Reduce reliance on seasonal CE retail environment

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Underlying Business F2020 Post Acquisition F2020
14.17% 12.0%
85.83% 88.0%
CE Retail Other Business CE Retail Other Business
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Underlying Business F2021 Post Acquisition F2021
12.74% 9.8%
87.26% 90.2%
CE Retail Other Business CE Retail Other Business
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~~Managing Director~~ ’ ~~s Update~~

Unlock Economies of Scale

Acquisition adds substantially to divisional EBIT contribution.

Minimal impact on corporate overhead and other fixed operational costs.

	Reported	Reported	Forecast	Forecast
	FY18	FY19	FY20	H1	FY21
Sales Revenue	51.9	57.1	71.6		43.2
EBIT	0.5	-0.7	2.8		2.4
EBIT/Sales	1.0%	-1.2%	3.9%		5.6%

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EBIT to Sales Ratio
6.0%
5.0%
4.0%
3.0%
2.0%
1.0%
0.0%
-1.0%
-2.0%
FY18 FY19 FY20 H1 FY21
Reported Forecast
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~~Managing Director’s Update~~

Other Positive Indicators

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~~Managing Director’s Update~~

Growth in unfilled order book

Underpins growth in recurring revenue stream

Total Committed Orders Unfulfilled

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7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
-
30/06/2018 31/08/2018 31/10/2018 31/12/2018 28/02/2019 30/04/2019 30/06/2019 30/08/2019 31/10/2019
Unfulfilled Customer Orders Linear (Unfulfilled Customer Orders)
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Recurring Revenue Analysis
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
-
Unearned Support Contract Revenue at Balance Date
Financial Year F2016 F2017 F2018 F2019 Oct-19
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~~Managing Director’s Update~~

Project Wins in F2020

Law enforcement video recorder upgrade $0.67M Network camera robotics sale $0.58M News studio camera robotics sale $0.53M Network Avid sale $0.44M Network archive project $0.4M Defence mesh radio supply $0.65M

Two Major Contracts Pending F2020

Close to finalising contracts with one major broadcaster, another pending. Details to be announced to market once contracts signed.

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~~Managing Director’s Update~~

1[st] Half Results

Retail and residential installation areas are slow at present Pro AV area improving results

Project work showing excellent pipeline, however timing between reporting periods currently uncertain

Commercial AV acquisition timing to expected to complete mid December Result for 1[st] half remains uncertain however guidance on F2020 unchanged.

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Impo ~~rtant Information and Disclaimer~~

This information has been prepared by Ambertech Limited. This document contains background information about Ambertech Limited current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, or solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction.

This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.

This presentation does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risk, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

To the fullest extent permitted by law, Ambertech Limited, its officers, employees, agents and advisors do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

Forward Looking Statements

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside of the control of Ambertech Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements. Any forward-looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under law and the ASX Listing Rules, Ambertech Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward-looking statement is based.

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End of MD’s presentation. Thank you.

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