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ION VIDEO LTD — AGM Information 2022
Nov 29, 2022
65133_rns_2022-11-29_43288524-a184-41bc-9ffb-06d144390333.pdf
AGM Information
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Annual General Meeting 30 November 2022
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Disclaimer
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This document has been prepared by Linius Technologies Limited (LNU). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The information contained in this document is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. In preparing and providing this document, LNU has not considered the objectives, financial position or needs of any particular recipient. LNU strongly suggests that investors consult a financial advisor prior to making an investment decision.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of LNU, its related bodies corporate, or their shareholders, directors, officers, employees, contractors, agents or advisors, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this document.
This document includes “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of the words “anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “likely”, “intend”, “should”, “could”, “may”, “target”, “plan”, “guideline”, “guidance” and other similar expressions. Indications of, and guidance on, revenue models, pricing, earnings and financial position and performance are also forward-looking statements.
Such forward-looking statements are not guarantees of future pricing, performance and events, and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of LNU, its related bodies corporate, and their directors, officers, employees, contractors, agents and advisors, that may cause actual results to differ materially from those expressed or implied in such statement. Actual results, performance or achievements may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. In particular, potential revenue opportunities and guideline pricing models set out in this document are based on certain assumptions which may in time prove to be false, inaccurate or incorrect. Readers are cautioned not to place undue reliance on forward looking statements and LNU assumes no obligation to update such information.
This document is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities in any jurisdiction, and neither this presentation nor anything contained in it forms the basis of any contract or commitment. Without limiting the foregoing, this document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of LNU have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and any other applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws.
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Summary of proxies received
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| Resolutions | For | Against | Proxy’s discretion |
Abstain / Excluded |
|---|---|---|---|---|
| Resolution 1 – Adoption of the Remuneration Report for the year ended 30 June 2022 |
204,320,814 (95.52%) |
473,000 (0.22%) |
9,111,313 (4.26%) |
129,946,554 (N/A) |
| Resolution 2 – Re-election of Director – Stephen McGovern |
330,656,574 (96.17%) |
3,367,990 (0.98%) |
9,791,700 (2.85%) |
35,417 (N/A) |
| Resolution 3 – Ratification of prior issue of Subscription Shares to New Technology Capital Group,LLC(Aug2022) |
330,576,574 (96.18%) |
3,192,990 (0.93%) |
9,946,700 (2.89%) |
135,417 (N/A) |
| Resolution 4 – Ratification of prior issue of Subscription Shares to New Technology Capital Group,LLC(Sept 2022) |
330,576,574 (96.18%) |
3,192,990 (0.93%) |
9,946,700 (2.89%) |
135,417 (N/A) |
| Resolution 5 – Approval for additional 10% placement capacity |
308,949,340 (89.86%) |
22,120,224 (6.43%) |
12,746,700 (3.71%) |
35,417 (N/A) |
Chairman and CEO address
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Gerard Bongiorno Chairman
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James Brennan Chief Executive Officer
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4
Linius Market update
Market update held on 17[th] November Webinar accessible with the following link: https://www.linius.com/presentations/linius-technologiesinvestor-webinar-6/
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5
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Update on Linius Sports Business
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Deals/Deployments
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A-League
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Cricket Australia
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Strategy
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Products
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The Path to Profitability
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Pipeline/Business Development
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Summary/Recap
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6
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Deal Details: A-Leagues
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MatchVision for men’s comp, current season + 2021/22, deployed on KEEPUP.com.au + mobile app, league-wide
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Strategic tool for fan engagement
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Key part of their digital strategy
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Working hand in hand with the league to drive adoption
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Service to go live in December
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Commercial Details
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Fixed monthly fee for first year
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Add usage-based fees in second year
Over 3.6 million Australians profess support for an A-League club
- Additional Fee Options – individual club sites, women’s comp, past seasons, editing tool
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Deal Details: Cricket Australia
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• Linius Archive Search & Edit
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Significant proof point for Archive Search & Edit product
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All major CA formats, 40+ year archive, 20k+ hours of content
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Largest potential end-user base to date
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Over 1.2 billion fans worldwide
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Billions of content views each year
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Millions of plays on YouTube per month
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Use by CA staff to search, edit, curate, and publish content to website, app, social media (particularly YouTube), “FAST” channels
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Commercial Details
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Largest Revenue deal to date
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Setup fee
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Monthly license fee
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Significant revenue share on ad & sponsor revenue from published videos
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Multiple opportunities to expand with additional use cases
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Product Strategy – Monetizing Video Databases
“Broadcasters and rights holders are heavily focused on the live experience. 99% of the value is coming from 1% of the content (live). How do they unlock the value in the other 99% of content?”
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B2B & B2C applications
Fan Engagement
Search
Edit
Publish & Share
Archive = near live → 50+ years old Market = Every major
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Broadcaster, sports league, team, rights holder
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University, library, museum
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News agency, entertainment studio
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Streaming service, OTT provider
Unlocks the value
Makes content
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Available
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Searchable
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Shareable
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Valuable = monetized
Web3
Data Analytics
Developed by Linius, partners, and customers
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Linius Sport – at the inflection point
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Each new deal makes the next deal easier
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The Path to Profitability – Growing MRR / ARR
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EXISTING PIPELINE
Hot Warm Campaign
Australia
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• 25+ Opportunities
EFL launch & growth 5,000+ emails
Significant market penetration
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Wolves/Brugge enhanced 1,000+ LinkedIn
• Racing.com
deployments
• NBL • Cricket Aus MRR + rev share • 60+ Leads 50+ leagues
300+ teams
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A-Leagues • Cricket Aus add’l use cases
60+ broadcasters
• Cricket Australia • Expansion at A-Leagues
500+ US colleges
• 1 Whale
Europe 25+ College
• 4 large opportunities
Good traction, hero deployments Divisions
• Wolves
• Brugge • Convert 5 more Warm
• EFL opportunities to Hot
Other Regions
Solid pipeline & leads
Break
Growing Monthly Recurring Revenue (MRR) + setup + variable
Even
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linius.com.au [email protected]
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Annual General Meeting
December 2021
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