Excellent investor presentation run by Gianmarco. There is a huge opportunity for the business right now (record opportunity pipeline), with lots to be announced in the coming weeks and months. The Q&A session teased a bit more detail out.
My key takeaways:
- Significant announcement coming regards FrameS update
- Vection not trying to compete with industry-specific focused software providers like IrisVR
- Focus on enterprise solutions and integration of their software directly with OEM hardware. HTC was mentioned here, along with JMC. Significant announcement in next 1-2 months.
- Sector focus - healthcare, government, defence, education, alongside current AEC and Industrial clients.
- Commercial update coming on eHealth application developed for Compugroup.
- Working closely with technology partners in the US through Mindesk - couldn't say much more at this point, but sounded exciting.
- Strong interest from VW following Iris car design presentation in May
- Expansion of Australian tech/sales team on the cards
- Upcoming announcement on Solidworks integration and marketing
- Continuing to work with Siemens - no further information at this stage
- Strong cash position
All in all, excellent shareholder engagement and I left feeling very confident in the business strategy and prospects.
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- Ann: FY20 Full Year Results Investor Presentation
Ann: FY20 Full Year Results Investor Presentation, page-14
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