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DATADOT TECHNOLOGY LIMITED — AGM Information 2024
Nov 27, 2024
64764_rns_2024-11-27_eaaab1c3-84e5-482e-a85e-7b5a74ae06bd.pdf
AGM Information
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Chief Executive Officer's 2024 Annual General Meeting Address to Shareholders
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3 2024 ANNUAL GENERAL MEETING
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Disclaimer
The material in this presentation is general background information about Datadot Technology Limited (DDT) and is current at the date of the presentation, 28 November2024. The material in the presentation is for informational purposes only, is in summary form and does not purport to be complete. It is intended to be read in conjunction with all other DDT announcements to the ASX, including the FY24 Annual Report. The presentation contains statements that are, or may be deemed as forward-looking statements. You are cautioned not to place undue reliance on these statements as they involve known and unknown risks and other factors which may cause actual future performance and results to differ materially from those implied in such statements.
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Building for growth on solid foundations 5
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Financial performance showing firming results, with positive growth outlook.
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• Strong financial position, with growing cash reserves.
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• New distribution and strategic development program progressing.
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• Commencement of PropertyVAULT Insurance Services POC with Tier 1 Insurer proving its worth with early recovery results.
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2024 ANNUAL GENERAL MEETING
2024 FY Performance Summary
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Revenue & Income
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Total $2,984 mil (Up 10.8%)
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• Royalty revenues and Licence Fees (Down 8.0%)
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• Total product sales increased by 15.3%
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• Positive growth in Profit before tax $231,297 for year (2023: $11,647)
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2024 ANNUAL GENERAL MEETING
2024 FY Performance Summary CONT. Capital Management
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2.867
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Cash & equiv. $3.249 mil ( mil 2023)
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• Net assets $3.996mil ($3.780 mil 2023) - Excl DTA
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• Debt Free - No capital raising or consolidation
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2024 ANNUAL GENERAL MEETING
8 Traction in Strategic Development of the Business
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Expanding global distribution and reseller network for microdots.
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• Commenced R&D program for advanced microdot applications.
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• Traction in PropertyVAULT Insurance Services, with first pilot underway.
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2024 ANNUAL GENERAL MEETING
Expanding Global Distribution and Reseller Network for Microdots
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Heads of agreement signed with new Asian manufacturing distributor.
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• Contract negotiation underway.
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• Subject to contract finalisation new revenue to commence in FY 2026.
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2024 ANNUAL GENERAL MEETING
R&D program for Advanced Microdot Applications
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• R&D programunderway to explore new applications, including potential for individual asset marking. • Prospective designs being evaluated. • Provisional patents filed.
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2024 ANNUAL GENERAL MEETING
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Progress in PropertyVAULT Insurance Services 11 Tier 1 Insurance Company Proof of Concept (POC) Trial – Overview
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• Online report – Stolen and lost property details uploaded to PropertyVAULT insurance portal
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• Locate – Identify possible match via PropertyVAULT’s search mechanisms and investigations
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• Recovery – Verify match and manage police liaison to facilitate recovery
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• Salvage – Assist insurers to facilitate salvage and sale
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2024 ANNUAL GENERAL MEETING
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Progress in PropertyVAULT Insurance Services
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Tier 1 Insurance Company Proof of Concept (POC) Trial – Progress • Half-way through a six-month POC with a Tier 1 insurer.
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• Targeting the recovery of paid-out insurance claim assets.
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• Pleasing progress to date, with multiple recoveries, programming insights achieved and implemented and pending revenues from asset salvage.
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• If POC successful, could be scaled up – with growing revenue potential.
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2024 ANNUAL GENERAL MEETING
Looking Forward – Business Growth
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Capitalise on POC and current internationaldevelopment opportunities
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Discussions continuing with major and class specific insurance companies and hire companies covering general insurance, marine, motorcycle and plant hire to secure formal data exchange and commercial agreements.
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Continue Leveraging PV’s on-line traffic to grow direct-to-consumer sales security products & insurance sales.
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2024 ANNUAL GENERAL MEETING
Looking Forward – Capital Management
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Maintain healthy cash position with no interest -bearing debt.
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Board will consider trading environment before making significant capital
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decisions.
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Board’s long-term preference is to achieve a steady dividend stream.
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2024 ANNUAL GENERAL MEETING
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15 2024 ANNUAL GENERAL MEETING
End of Presentation
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