Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ROCKETDNA LTD. Investor Presentation 2024

Apr 30, 2024

65709_rns_2024-04-30_3a2cf0b1-6737-431e-ab2f-bcbcbb3c4d0d.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

Investor Presentation March Quarter, Q1 FY2024

Authorised for release by the Board of RocketDNA Ltd

Our mission is to democratise drone data that empowers decision-makers for a safer & more productive world.

BARS Certified

Highest Safety Recognition

RocketDNA has been verified in both South Africa and Australia against the BARS standard - one of the highest commitments to safety in the contracted aviation world.

BVLOS Approved

Enabling Long-Range Operations

With approval from the Australian & South African Civil Aviation & Safety Authorities, we are able to execute long-range Beyond Visual Line of Sight missions, unlocking cost efficiencies.

AI-Enabled

Faster Geospatial Insights

A growing segment of our data products and insights are powered by AI tools, allowing us to process, quantify and report faster than previous manual calculations

Company Snapshot

Enterprise Value (A$)
Market cap1 Share price $0.008at29 April 2024 $5.249M
Cash2 As at31 March 2024 $2.015M
Debt2 As at31 March 2024 Nil
Enterprise value $3.234M
Key Operating Metrics (A$)(December Financial Year-End)
Revenue FY23 End Dec 2023 $6.137M +7%compared toFY22
ARR3 End March Q12024 $3.022M +6%compared toend FY23

1 656,114,841 ordinary shares outstanding at the date, including those in voluntary escrow 2 Excluding shareholder loans, credit cards, motor vehicle and equipment leasing

Our Presence and Customer Base

Growing tier-1 and tier-2 customer base; trusted and used by these companies

Annual revenue growth1

Growing track record

BVLOS Operations

(Beyond-Visual-Line-of-Sight) Above 400' Operations

Team of Aviation Professionals (with IREX for BVLOS)

Established Safety, Quality & Compliance Systems

Advanced Drone Operations Capability

Existing authorisations and experience to conduct Complex drone operations safely & efficiently

FINANCIAL HIGHLIGHTS

Quarterly Results - Highlights

Q1 FY2024 (March) 1

xBot® solution rolling out; Key financial metrics show continued growth

ARR Revenue & Cash1 Cash flow Key developments (Q1 FY2024)
ARR -$3.022mup 6% on prior quarter(Q4 FY2023) and up 9%on Q1 FY2023 Revenue –$1.732mup 6% on the prior quarterand up 18% on Q1 FY2023Cash Receipts –$1.964m up Net cash used in operatingactivities –$104k, comparedto $335k in Q4 FY2023 Board change (post quarter end); DavidMorton appointed to Chairman and CEOChris Clark transitioned from the role ofChair to focus on his role as ManagingDirector and CEO
Includes recent Caliduscontract win in lateMarch 18% on prior quarter and up16% on Q1 FY2023 Contract signed with CalidusResources; 3-year contract with TCV ofAU$376k and ARR of AU$115k (material
Contracted revenue contract)
accounted for 41% of totalrevenue (based on Q1FY2024) Key pipeline activities (post quarterend); xBot® autonomous drone solutionsuccessfully rolling out

RocketDNA CEO Christopher Clark said: "I am pleased with our continued financial progress as we focus on our aspirational goal of achieving positive EBITDA. We are also very excited as a management team at the growing opportunities and pipeline and having achieved initial sales of our xBot® solution.

David Morton's very recent appointment to the Chairman role is a valued addition and will help me focus on my role as CEO in achieving operational wins. We are hitting our internal milestones for FY2024 and maintain a positive outlook for the quarters ahead."

1 Q1 FY2024 unaudited | Financial year end 31 December

Quarterly results

Revenue and Cash Receipts1

Cash Receipts From Customers, $m

Quarterly results

Revenue by Type, $m1

Revenue derived from contracts (linking to ARR) was 41%

Of total Revenue in Q1 FY2024 (March)

Revenue types

Revenue legally contracted and recurring

Revenue from legal contracts with minimum original terms of 12 months, subject to normal termination provisions per each contract. The TCV and ARR measures contain only this type of contract.

Revenue likely to re-occur

Revenue which management have a reasonable expectation will reoccur in the future either because it has been historically demonstrated to re-occur or because we hold rolling short term purchase orders or legal contracts which are less than 12 months in original length

Revenue one-off

Revenue which does not meet the above definitions (these are typically one-off short projects)

Quarterly results

Net Cash Used in Operating Activities1

Q1 FY2024 Net cash used in operating activities $104k

FY2023 Net cash used in operating activities significantly improved over FY2022, on the back of growing cash receipts and good cost management throughout the financial year

Quarterly results

ARR1

Contracted recurring revenue accounted for 41% of total revenue in Q1 FY2024

Contribution from the Calidus Resources contract win during the March Q1 FY2024 quarter

ARR

Annual Recurring Revenue (ARR) is the annualised (12-months) worth of revenue for all legally binding contracts currently in-force which have an original contract duration of 12-months or longer.

STRATEGY, MARKET & GROWTH PATHWAY

Leveraging our Autonomous xBot® Advantage

PROGRESS UPDATE &

PRODUCT STRATEGY First CASA & CAA approved operator for the DJI Dock system with projects deployed across multiple customer sites in Australia and Africa

Ramp-up of our assembly capability to meet the growing demand for autonomous-based drone solutions.

The convenience of RocketDNA's automated drone-in-abox solution is exponentially growing the Company's target market beyond mining, with discussions currently underway with Government Authorities, Ports, Insurance, Asset Managers, Agribusinesses and Security Companies

Integration of Artificial Intelligence (AI) tools, in conjunction with RKT's xBot® platform, enhances the Company's ability to provide real-time data capture, reporting and analysis at a greater frequency than traditional manual methods, which is unique product differentiator in the market

Deploying Scalable 'Drone-in-a-Box' Technology Today

Automated Gas Detection

0.00
Adjust Colour Refe
In the wintel interface on the
the color, the higher the concePERMIT THE COURSE

Automated Plant & Asset Inspections

Automated Reporting for Mining Operations

Contact us

Chris Clark

CEO & Managing Director E: [email protected]

Glen Zurcher

Investors and Media E: [email protected] P: +61 420 249 299