Announcement PDF Market Update MAY 2025 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Disclaimer This document has been prepared as a summary only and does not contain all information about Spectur Limited (the “Company”) — including its assets, liabilities, financial position and performance, profits and losses, or the rights and liabilities attaching to the Company’s securities. This document should be read in conjunction with any public announcements and reports (including financial reports, third-party studies, and disclosure documents) released by the Company. The release, publication, or distribution of this presentation in certain jurisdictions may be restricted by law. Persons in such jurisdictions into which this presentation is released, published, or distributed should inform themselves about and comply with any applicable restrictions. This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction. There shall be no sale, issue, or transfer of the securities referred to in this presentation in contravention of applicable law. This document is provided for informational purposes only and does not constitute financial advice. Persons needing advice should consult their stockbroker, bank manager, solicitor, accountant, or another independent financial adviser. Certain statements made in this presentation are forward-looking 2 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 statements. These are not historical facts but are based on the Company’s current expectations, estimates, and projections about the industry in which it operates, and its beliefs and assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” and “estimates,” and similar expressions, are intended to identify forward-looking statements. Although the Company believes that its expectations reflected in these forward-looking statements are reasonable, they involve risks and uncertainties. No assurance can be given that actual results will be consistent with these statements. They are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company’s control, and which could cause actual results to differ materially from those expressed or implied. Spectur Limited cautions shareholders and prospective investors not to place undue reliance on forward-looking statements, which reflect the Company’s views only as of the date of this presentation. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect subsequent events, circumstances, or unanticipated events occurring after the date of this presentation, except as required by law or applicable regulation. Spectur at a glance 3 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Investment Highlights Over 15 years of experience in solar powered AI-driven protection, safety, and warning solutions. Growing recurring revenue base with >60% of revenues recurring and high margin products. Proven product-market fit, >2,900 devices deployed and >600 customers and a deepening moat through integrated AI, sensing, and communication platforms. Positioned for sustainable, profitable growth with a disciplined strategy to fund future expansion from operations rather than dilution. ~$3 billion in addressable markets across Government, Utilities, Construction, Telecommunications, and Council sectors, underpinned by regulatory, ESG and safety drivers. Transitioning to a scalable SaaS and managed services model 4 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Introducing Our New CEO Anthony is an experienced senior executive with a proven track record of delivering transformation and growth in technology, operations, and customerfocused businesses. He joined Spectur in early 2024 as General Manager – Operations and was appointed Acting CEO in January 2025 and confirmed as CEO on April 1st, 2025. ANTHONY SCHMIDT Chief Executive Officer 5 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Previously, Anthony led Scancam, an anti fuel theft AI enforcement business, from startup through to acquisition, and brings deep expertise in scaling B2B technology ventures, operational turnaround, and commercialisation strategy. Why Spectur, Why Now? “I believe Spectur has an incredible foundation. A technology stack that offers real-world impact and a huge opportunity to evolve into a market leader in SaaS-enabled solutions in solar powered technology. My focus is on strengthening that foundation, unlocking profitable growth, and delivering meaningful, lasting value for all shareholders.” Anthony Schmidt, CEO 6 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 About Us 7 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Our Mission To lead Australia in solar-powered visual AI technology, delivering innovative solutions that empower safer, more secure, cleaner, and more sustainable businesses and communities — anywhere, anytime. 8 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 What We Do Spectur protects communities, organisations, and critical infrastructure by delivering intelligent, proactive visual solutions that operate where traditional systems fail — in remote, unpowered, and challenging environments. Our unique, modular platforms combine solarpowered hardware with advanced sensing, thinking, and acting AI software technologies — transforming passive surveillance into intelligent systems that detect, decide, and respond in real time. 9 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Our Industries Telecommunications and Critical Infrastructure Government Mining 10 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Construction Utilities The Challenges We Solve No People No Data Cable No Power Cord • Security and surveillance • Temporary locations • Unpowered locations • Safety and warning • Remote locations • Robust and versatile • Environmental monitoring • Harsh environments • Diverse applications • AI platforms • 4/5G connectivity • Scalable solar solutions • Starlink compatible • Go where others fail for the people we serve 11 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 any location, anytime all across the country And How We Solve Them The Hardware Real-time Monitoring Remote Solar Powered Integrated 4G Module Collect 4K Time-lapse Images Bright Warning Lights Simultaneous Visible and Spoken Deterrent The Cloud Digital Cloud Modular AI Function On Site Output Alarm System System Armed Flotation Rescue Devices SMS Alerts Optional Satellite Connection Alerts First Responders 2-way Communications (video/audio) 12 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Analytics Data Retention ISO27001 Compliant Data and Analytics OFF ON Alternatives Compared Conventional CCTV Personnel Doing Nothing - Senses Thinks - - Acts - - Works without power cable - N/A Always on - N/A OK in harsh environments - N/A Cost effective - N/A Not feasible in most environments #1 Competitor Comments 13 Needs high degree of human interaction S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 The only cost-effective end-to-end solution Our Offering 14 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Our Offering Software Hardware 15 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Professional Expertise Solutions Hardware Cameras HD7: Single-camera solar platform for high-definition surveillance. STA7: Solar powered and versatile system offering up to 4 camera coverage. 240X: Mains-powered, adaptable for indoor and outdoor applications. ERB7: Emergency Response Beacon providing visual and audible alerts in critical situations. SS7: The dual camera workhorse designed for cost effective construction solutions. 16 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Power STA-Power: Modular solar battery system ensuring continuous power supply STA-Power Trailers: Mobile, rapid-deployment units for flexible surveillance Enablement Platform for Custom Solutions: Powers bespoke safety, AI, monitoring, or emergency systems beyond traditional surveillance—opening up new verticals like environmental sensing, communication relays, and warning devices. Installation Flexible Installation Options Our systems are designed for flexibility, with installation options ranging from permanent in-ground mounts to relocatable concrete blocks and mobile trailer bases. This versatility allows us to meet the needs of diverse environments — from urban infrastructure projects to remote, rugged sites. Hardware SOL AR-ENGINEERED FOR AUTONOMY Purpose-built to operate independently in remote and off-grid environments, Spectur systems integrate high-efficiency solar arrays with intelligent STA power modules to maximise uptime and performance—day and night. INDUSTRIAL-GRADE DESIGN Engineered for harsh Australian conditions— heat, wind, dust, and rain—using corrosionresistant materials, sealed housings, and passive thermal regulation for long-term field reliability. INTEGRATED POWER & CLOUD PL ATFORM HIGH-DEFINITION, INTELLIGENT VISION Our hardware is fully integrated with Spectur’s cloud infrastructure, enabling realtime system health monitoring, AI processing, and device management. Intelligent telemetry modules report on power, performance, and environmental conditions. Advanced cameras with edge-AI capabilities support licence plate recognition, behavioural analytics, time-lapse, and live streaming— delivering situational awareness and automated alerts when it matters most. 17 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 STA-Power Module Smart, Modular Solar Power for the Edge Powering Critical Systems, Anywhere. Hardware Agnostic The STA-Power module is Spectur’s proprietary solar battery solution, engineered to deliver continuous, autonomous power. More than just a solar battery, STA-Power is the intelligent backbone that enables flexible, long-term operation of security, surveillance, and warning systems without reliance on the grid. Enables integration of third-party cameras, sensors, and communication devices—Spectur or non-Spectur—thanks to universal voltage and interface options. Modular Solar-Battery Architecture Scalable design to suit varied power loads and environmental conditions—ideal for high-demand AI applications, remote sites, and diverse form factors. Always-On, Always-Available Delivers reliable 24/7 operation with smart charging, deepdischarge protection, and intelligent energy prioritisation. 18 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Seamless STA Ecosystem Integration Native compatibility with Starlink or e/5G connections, provides the vital link to the cloud for real time alerts, warnings and calls to action. Built for Australia’s Harshest Environments Rugged construction tested in coastal, arid, and hightemperature conditions to support mission-critical uptime for months or years. Software Spectur’s software ecosystem powers intelligent, real-time responses to safety, security, and environmental challenges. Our platform capabilities span detection, alerting, monitoring, AI-driven analysis, live streaming, and data capture—enabling customers to act faster, reduce risk, and operate more efficiently. Spectur Connect Our core cloud platform that enables remote device management, alert configuration, health monitoring, and system automation across the fleet. Envirocoms A specialised solution for environmental monitoring and public safety communications, ideal for government and researchbased applications. Secure Go Live Stream A mobile-friendly app interface for live notifications, real-time alerts, and visual verification of events— empowering field response teams. Enables low-latency, highquality video feeds from remote locations, supporting real-time surveillance and operational awareness. Together, these solutions form a scalable software suite that transforms standalone cameras into powerful, AI-enabled edge devices—delivering visual intelligence and actionable insights to our customers. 19 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Professional Expertise At Spectur, our team of dedicated professionals brings deep expertise across engineering, AI, IoT, and field deployment to deliver tailored, highimpact solutions for our clients. From initial consultation through to deployment and ongoing support, we partner with clients to solve complex problems—enhancing safety, compliance, and operational efficiency in even the most remote or demanding environments. 20 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 At Spectur, our value lies not just in the components we build, but in the complete solutions we deliver. By combining solar-powered hardware, intelligent software platforms and expert professional services, we turn complex challenges into outcomes that matter. End-to-End Solutions that Protect, Inform and Empower 21 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Our Solutions Our solutions are actively deployed across Australia, delivering safety, security, and critical warnings where they’re needed most: Autonomous Security Solutions for asset protection. Combine with alarm monitoring and guard security, for a complete protection system. 22 Critical Infrastructure Defense Remote and rapid deployment to reduce threats and secure critical infrastructure. S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Illegal Dumping Enabling authorities to provide better amenity against illegal rubbish dumping. Emergency beacons With integrated voice support for remote and high-risk environments. Our Solutions Continued Maritime Safety Provide the community with live waterway conditions, vital for planning safer trips to sea. 23 Project Management Review progress of large-scale projects overtime manage deliverable. S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Shark Safety Remote and rapid deployment for government & council to reduce threats and secure critical infrastructure. Environmental monitoring Including flood detection and data logging for water authorities. Competitive Advantages Completely Automated Deployable Ready Fully Integrated Modular and Open 100% Australian Purchase, Lease or Rent No humans needed No grid or recharging needed Many devices, one interface Designed as a platform Data stays in Australia Easy to use via application or via website Suits 3rd party cameras, sensors, AI, data sources Australian designed and manufactured To suit all commercial imperatives Solves full problem with three key features Sense multiple sensors Think makes decisions Act useful action 24 Runs 24/7 Rapid deployment Cost, power and data efficient Engineered for harsh rugged environments S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 APIs for multiple integrations Fully programmable Presents all data in one place Eliminates security issues from foreign technology Zero native competitors Only turnkey solution for resellers Market Opportunity 25 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Market Opportunity Spectur operates within a large and expanding market for AI-enabled, solar-powered sensing and communication solutions. Our long-term opportunity spans diverse geographies— including major metropolitan and regional areas across Australia, with future expansion potential into global markets. Scope of Opportunity: Immediate Indicators in Australia Sector Current Deployments Total Addressable Market in Australia Beaches >200 devices installed 12,000 beaches Construction >250 customers 5,750 medium and large companies (20+ FTEs) $3B addressable market across Australia. Mobile Towers 21,472 towers Expanding global potential in protection, environmental monitoring, and remote safety. >200 sites and growing Military >4 DoD bases protected 63 bases and hundreds more DoD assets Councils >60 councils served 562 councils Strong tailwinds from government safety mandates, ESG initiatives, and cost-efficient infrastructure. Opportunity exists across all sectors with minimal penetration to date, positioning Spectur for accelerated expansion. 26 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Company Performance 27 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Business Model and Revenue Streams Pivot to recurring revenue SaaS – change over time SUBSCRIPTION RENTAL INCOME Recurring SaaS Software Licences for use of systems Rental and lease models (recurring) 36% of revenue 29% of revenue HARDWARE SALES SERVICES & MAINTENANCE Full systems (requires subscriptions) 18% of revenue 35% 65% Income from maintenance, field and professional services 17% of revenue As of March 31st 2025 unaudited. 28 REVENUE SPLIT FIXED AND RECURRING S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 O NCE OFF RECURRING Strong Quarter on Quarter Performance FIXED INCOME VS RECURRING INCOME 3,000,000 Projected Estimate 2,500,000 Revenue $ 2,000,000 1,500,000 1,000,000 500,000 0 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2021 Q3 2022 Q3 2023 Q3 2024 Q3 2025 Q4 2021 Q4 2022 Q4 2023 Q4 2024 Q4 2025 Quarter R EC UR R I N G I N C OME 29 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 F IX E D INCO M E Audited to December 31st, forecast as per guidance Positive Track Record SP ECT UR CONSOL I DAT E D REVE NUE YE AR ON YE AR 8.19M Reve n u e $ 7.37M 4.80M F Y-2 0 5.25M F Y-21 * as of March 31st, audited *forecast unaudited. 30 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 6.65M 5.83M F Y-22 YTD* F Y-23 F Y-24 FY-25 Operating Cashflow After a period of aggressive development and growth in strategic operations, the company is now optimising for sustainable, positive cashflow. Our growth strategy will focus on self-sustaining cashflow, rather than dilutionary equity raises. Expected to become operational cashflow neutral by the end of June 2025 with more than $1.5M p.a. of cost reduction initiatives implemented. OPERATING CASHFLOW FY 2020 FY 2021 FY 2022 FY 2023 250,000 0 (250,000) (500,000) (750,000) (1,000,000) (1,250,000) CASH F LOW $ S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 FY 2025 FY 2025 Y TD Q 4 (F ) ESTIMATED (1,500,000) 31 FY 2 0 24 Strategic Outlook 32 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Growth Strategy and Roadmap Our 1-2 Year Priorities SCALE SOFT WA RE & A I P L ATFO R M E XPAN D HARDWARE PL ATFORM OFFE RI N GS Investment in cloud infrastructure and cost optimisation Commercialise STA-Power and mobile trailers Implementation of companywide ISO27001 accreditation Unlock solutions-based offerings with Increase flexibility through hardware-agnostic platform integrations Launch SS7 product post MVP soft launch expanded AI capability GROW RECURRI NG REV E N U E R ESTRU CTU RE & RE POSI TI ON FOR GROW TH Drive Maintenance and Managed Service offerings Complete cost base reset to enable self-funded strategic expansion Deepen enterprise and government contracts Expand SaaS and subscription offerings Increase rental volume with the competitive SS7 solution 33 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Overhaul of internal ERP and systems for scaling. Commercial Pipeline & Market Opportunity Key Pipeline Initiatives Major Sector Opportunities Strategic Focus Rock Fishing safety pilot (ERB) Critical Infrastructure: 24-site monitoring ongoing and asset protection in telecommunications Mature AI capabilities to continue to add value in solution solving and high margin products Resources: Evacuation system automation for miners and explosive suppliers Expansion of safety and warning systems Expansion of warning systems: shark alerts, bushfire, muster points, ERB and flood monitoring Government safety and environmental monitoring projects, including vessel monitoring Further expansion into telecommunications and critical infrastructure Regional Councils: Post-flood monitoring Coastal Councils: People counting, public safety, tourism data Construction: Olympics and other large infrastructure projects National Parks: monitoring and data collection 34 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Increase SaaS revenue streams and solutions Launch new Market Solutions Drive National Footprint ISO27001 implementation to further solidify government and enterprise accessibility. Appendices 35 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Investment Highlights Timeline Nov 2009 2019 Aug 2020 Dec 2022 Business launched as Uwatchit Pty Ltd, focusing on the domestic security market. Strategic shift to ‘Sense, Think, Act’ solutions; tightened geographic and sector focus; moved from inbound to outbound sales. Launched STA6 platform, a revolutionary edge/cloud fog computing platform. Announced acquisition of 3 Crowns Technologies (3CT), expanding environmental monitoring capabilities. 2015 2020 Transitioned to solar-powered systems; exited the powered camera space. Subscription revenue exceeded $1 million, including software, data, and monitoring services. Filed first patent for transmitting high-resolution still frames instead of low-quality video. Expanded into safety and warning platforms; secured milestone contracts with Surf Life Saving WA and NSW. Listed on ASX with 21.25 million shares at an issue price of $0.20. 36 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 Oct 2023 Reported company record revenue over $7M for FY2023. Nov 2021 Oct 2024 Signed $1.07 million contract with Optus, expanding into the telecommunications sector. Achieved $2 million revenue milestone through sales, rentals, subscriptions, and field services. 2017 Launched SS7 Dual Rental Camera for scalable security rental solutions. Mar 2021 2018 2010 Apr 2025 Dec 2020 Established Spectur New Zealand Limited as a 51:49 joint venture with Deus Ex in Auckland. Awarded three-year contract with Transport for NSW worth $787,428, extendable to $2.36 million. Mar 2023 Released STA7, a solarpowered multi-camera solution with up to four modular 4K video cameras. Capital Structure Key Metrics at 05 May 2025 Top Five Shareholders Shares % Owned Share Trading Information APPWAM PTY LTD 56,688,575 18.40% ASX Code SP3 JOMAHO INVESTMENTS PTD LTD 22,524,644 7.31% Listed on ASX 01/08/2017 DARREN JOHN COOPER 12,284,655 3.99% Current Share Price $0.013 11,162,678 3.62% Market Capitalisation $4.0M SANDHURST TRUSTEES LTD <Equity inv Dragonfly> 52 Week Closing High $0.24 GERARD JOHN DYSON 8,564,604 2.78% 52 Week Closing Low $0.11 Capital Structure Shares on Issue 308,150,124 Current Performance Rights on Issue 40,411,727 Unlisted Options 60,327,374 Share Register Top 20 Shareholders 58.9% % of Shares owned by Board and KMPs 8.9% 37 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 The Board DARREN COOPER Non-Executive Chairman Accomplished executive with over 20 years’ leadership experience across property development, financial services, and listed company operations. Darren holds a Bachelor of Business and a Masters of Applied Finance and is also a GAICD. Joined Spectur in 2018 GERARD DYSON MARCO DA SILVA Non-Executive Director Non-Executive Director Gerard has more than 25 years experience across a range of local and global roles. Dr Dyson holds Honours and PhD qualifications in Engineering as well as a Bachelor of Commerce and Advanced Diploma in Business Management. He is also a GAICD. With over 21 years of experience, Marco is the CEO of Grant Transformers and the Managing Director of Antipodes Power Solutions, specialising in power conditioning and renewables. Joined Spectur in 2019 Marco’s expertise lies in electrical engineering and manufacturing. He is passionate about providing specialised solutions tailored to meet customers’ precise needs. Joined Spectur in 2023 38 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 SUZIE FOREMAN Company Secretary Chartered accountant with 25+ years’ experience across startups to ASX 300 companies in the UK and Australia. Specialist in corporate governance, financial reporting, and ASX company secretarial services. Joined Spectur in 2017 Investment Thesis 39 Making communities safer, smarter and more sustainable. Drive to fund capital from operations and drive investment in growth from surplus rather than dilution. Cost base reset to position for profitable growth Position company to high value SaaS and service provider business. Scaling cloud and AI platform Grow existing and add to recurring revenue Streams Deep technology moat and value proposition with large accessible market. Expand national footprint and addressable markets. S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 C ONTACT DE TAIL S Anthony Schmidt, CEO Email: investors@spectur.com.au Phone: 1300 802 960 Website: www.spectur.com.au ASX Code: SP3 S P E C T U R L I M I T E D ( A SX :S P 3) | M AY 2 0 2 5 See it all, Secure it all.