AMS 7.14% 3.0¢ atomos limited

Ann: Atomos to Present at Morgans Conference, page-2

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    1Q’21 Trading Update provided at Morgans Conference

    Highlights:

    • Continued recovery post COVID-19 lockdown with ProRes RAW partnerships delivering
    material increase in Ninja V sales

    • Sales in the month of September were up 100%+ against the average monthly revenue for
    2H’20, whilst July was up 50%+ and August up 60%+

    • New streaming and live video products, which are anticipated to be released in 2Q’21, are
    expected to generate significant additional demand and help company get back to pre-COVID
    revenue numbers by early in 2H’21

    • Cost control in line with previous guidance

    • Strong cash position of $18.8m at 30 June and access to $5m undrawn working capital facility

    DYOR
 
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