RSSTMMA 2017 IMINT INTELLIGENCE AB 8 maj Andreas Lifvendahl, VD - - PowerPoint PPT Presentation

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RSSTMMA 2017 IMINT INTELLIGENCE AB 8 maj Andreas Lifvendahl, VD - - PowerPoint PPT Presentation

Aug 02, 2023 33 likes •226 views

RSSTMMA 2017 IMINT INTELLIGENCE AB 8 maj Andreas Lifvendahl, VD Where we are Strategy taking off Competitive base offering Customer wins & healthy pipeline 4 quarters of sales and growth Complexity Critical

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ÅRSSTÄMMA 2017

IMINT INTELLIGENCE AB 8 maj

Andreas Lifvendahl, VD

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Complexity Time Development Start-up Growth Expansion Maturity

Where we are

▪ Strategy taking off ▪ Competitive base offering ▪ Customer wins & healthy pipeline ▪ 4 quarters of sales and growth ▪ Critical level of competence ▪ Solid road map

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Retro perspective – a lot in 15 months

Dec 2015

IPO at Aktietorget

April 2016

Office in China

May 2016 Dev contract with Huawei June 2016

License agreement with BQ

Oct 2016 3 yr license agreement with Huawei Jan 2017

First smart- phone, Mate 9 (Huawei)

Jan 2017 Dev contract with Samsung Feb 2017

License agreement with Wiko and first smartphone with Live Auto Zoom

April 2017 3 yr license agreement with Sharp 16 employees 27 employees

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▪ 2,3 MSEK in Sales ▪ 2 customers, BQ and Huawei ▪ 2 new members in executive team ▪ Established office in China with 2 employees ▪ Rights issue in October ▪ Video Stabilization well received by clients ▪ Live Auto Zoom getting ready for integration ▪ Auto Curate in development phase ▪ Organization growing step by step

Highlights 2016

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▪ Net Sales of 2,0 MSEK (0,0 in 2016) ▪ Healthy cash position of 48,8 MSEK (20,9) ▪ Samsung, Wiko and Sharp so far in 2017 ▪ Video Stabilization among best in class ▪ Live Auto Zoom being integrated at Wiko ▪ New Marketing Director starting in May ▪ Move to new office in Uppsala end of summer

Highlights Q1 2017

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Business Update 1/2

▪ Samsung

– Development agreement in 3 phases (0,8 MSEK) – Phase 1 concluded and successful – Project currently halted

▪ Huawei

– Building a solid relationship – Has helped our reputation

– Continued strong focus on confidentiality clause

▪ BQ

– 2 new models with Vidhance Video Stabilization launched later in Q2, Aquarius X and Aquarius X pro.

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Business Update 2/2

▪ Wiko

– Two new models, WiM and WiM lite released at MWC Barcelona – Includes Video Stabilization and Live Auto

  • Zoom. Currently being integrated in Wikos

platform. – Launch planned Q2-Q3

▪ Sharp

– 3-year License and Support Agreement on Video Stabilization – First customer in Japan (with Foxconn-parent) – The agreement does not cover other features

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Product update

▪ Video Stabilization

– Mature, stable and very competitive

▪ Live Auto Zoom

– Being integrated in the first product

▪ Auto Curate

– Development phase

▪ New areas

– Exploring

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Customer overview – rapid changes

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Q1 '10 Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11 Q1 '12 Q2 '12 Q3 '12 Q4 '12 Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14 Q3 '14 Q4 '14 Q1 '15 Q2 '15 Q3 '15 Q4 '15 Q1 '16 Q2 '16 Q3 '16 Q4 '16 Others Nokia HTC RIM Sony Xiaomi vivo OPPO Huawei ZTE Lenovo LG Apple Samsung

1 3 2 4 5

Source: statista.com
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▪ Direct sales approach towards smartphone providers ▪ Pricing based on royalty fee per unit

– Will vary based on volume, model and Vidhance function – Invoicing based on royalty report from customer

▪ Also license fees, integration services and support contracts

Business model

Evaluation Development agreement License agreement
  • Product launches
with Vidhance included
  • Royalties
Customization & integration Product launches
  • Customization and
integration of Vidhance into customer’s device(s)
  • Decision from
customer to use Imint’s solutions in its device(s)
  • Decision to initiate
joint project
  • Additional testing
and development
  • Qualifying software
  • Evaluations of
several vendors
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Financial Performance Q1 2015-2017

Net Sales EBIT Gross Cash

Solid growth, improved bottom line and healthy cash position

All figures in MSEK 0,0 0,5 1,0 1,5 2,0 2,5 Q1 15 Q1 16 Q1 17
  • 3,0
  • 2,5
  • 2,0
  • 1,5
  • 1,0
  • 0,5
0,0 Q1 15 Q1 16 Q1 17 0,0 10,0 20,0 30,0 40,0 50,0 60,0 Q1 15 Q1 16 Q1 17
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Key Ratios Overview

Key Ratios (TSEK)

Q1 17 Q1 16 2016

Net Sales 1 990 2 327 Capitalized Development 4 004 2 055 11 673 Operating Expenses
  • 8 351
  • 4 666
  • 22 058
EBIT
  • 2 339
  • 2 612
  • 8 092
Cash flow
  • 4 099
110 32 154 Equity Ratio 89% 83% 92% Number of employees (end of period) 27 17 25 Earnings per share, kr
  • 0,26
  • 0,33
  • 0,99
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Net Sales Q1 2015-2017

MSEK

Significant YoY growth. Sequential growth of 14%

0,0 0,5 1,0 1,5 2,0 2,5 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17

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Headcount Development 2014-2017

5 10 15 20 25 30 Dec 2014 Dec 2015 Dec 2016 Mar 2017 Development Sales & Marketing Management & Oth Number of full time employees (including consultants)

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Key Takeaways

1. Customer wins proves our product portfolio is competitive 2. Smartphone market huge and highly competitive – camera important differentiator 3. Focus on smartphone providers, may enter new segments mid- to long term 4. Growing organization and increasing competence step by step 5. Solid finish of 2016 – in line with IPO plan and good start of 2017

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Commercial Break

1. Vidhance Overview 2. Vidhance Video Stabilization

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Q&A