Sections
| Title | Starting Page | Number of Pages |
|---|
| A refocused opportunity | 1 | 1 |
| Business model | 1 | 1 |
| The timing is right | 1 | 1 |
| DCF valuation of $0.27/share | 1 | 1 |
| Table/Chart: Historical earnings and RaaS estimates | 1 | 1 |
| Table/Chart: Share Details | 1 | 1 |
| Graph: Share Performance (12-months) | 1 | 1 |
| Disclosure | 1 | 1 |
| Table/Chart: Table of contents | 2 | 1 |
| BirdDog Technology Ltd | 3 | 1 |
| Investment Case | 3 | 1 |
| DCF Valuation | 3 | 1 |
| Table/Chart: Exhibit 1: Base Case DCF valuation (A $m, unless otherwise stated) | 3 | 1 |
| Company Overview | 4 | 1 |
| Company Overview (CONT) | 5 | 1 |
| Graph: Exhibit 2: The BirdDog product ecosystem | 5 | 1 |
| Graph: Exhibit 3: BirdDog customers | 6 | 1 |
| Company Overview (CONT) | 6 | 1 |
| Graph: Exhibit 4: Workflow example | 7 | 1 |
| Company Overview (CONT) | 7 | 1 |
| Graph: Exhibit 5: Sales contribution by region expected in FY25f | 8 | 1 |
| Company Background | 8 | 1 |
| Company Background (CONT) | 9 | 1 |
| Reinvigoration Of The Company | 10 | 1 |
| Graph: Exhibit 6: Timeline | 11 | 1 |
| Growth Strategy | 11 | 1 |
| Product Overview And Earnings Contribution | 12 | 1 |
| Graph: Exhibit 7: FY25f Revenue by Product Category | 12 | 1 |
| NDI® Explained | 12 | 1 |
| NDI® Explained (CONT) | 13 | 1 |
| Table/Chart: Exhibit 8: Network Device Interface NDI® | 13 | 1 |
| Manufacturing and Supply Chain | 14 | 1 |
| The Sales Model | 14 | 1 |
| Revenue mix and category overview | 15 | 1 |
| Graph: Exhibit 9: Revenue forecasts by product category | 15 | 1 |
| Cameras | 16 | 1 |
| Graph: Exhibit 10: Camera series: The X1, Maki and X5 | 17 | 1 |
| Cameras (CONT) | 17 | 1 |
| Graph: Exhibit 11: Camera revenue and gross profit forecasts | 18 | 1 |
| Cameras (CONT) | 18 | 1 |
| Graph: Exhibit 12: Camera unit sales assumptions | 19 | 1 |
| Converters | 19 | 1 |
| Graph: Exhibit 13: Converters range | 20 | 1 |
| Graph: Exhibit 14: Converters revenue and gross profit forecasts | 20 | 1 |
| Converters (CONT) | 20 | 1 |
| Graph: Exhibit 15: Converters unit sales assumptions | 21 | 1 |
| Audio Visual (AV) | 21 | 1 |
| Graph: Exhibit 16: Audio Visual range | 22 | 1 |
| Audio Visual (AV) (CONT) | 22 | 1 |
| Graph: Exhibit 17: Audio Visual revenue and gross profit forecasts | 22 | 1 |
| Remedi | 23 | 1 |
| Graph: Exhibit 18: The Remedi medical solution | 23 | 1 |
| Graph: Exhibit 19: Remedi revenue and gross profit forecasts | 24 | 1 |
| Remedi (CONT) | 24 | 1 |
| Graph: Exhibit 20: Remedi kits and software subscriptions | 25 | 1 |
| Software | 25 | 1 |
| Key Industry Considerations | 25 | 1 |
| Graph: Exhibit 21: PTZ camera market forecast growth | 26 | 1 |
| Key Industry Considerations (CONT) | 26 | 1 |
| Graph: Exhibit 22: UC&C market forecast growth | 27 | 1 |
| Key Industry Considerations (CONT) | 27 | 1 |
| Financials And Forecasts | 28 | 1 |
| Historical performance | 28 | 1 |
| Graph: Exhibit 23: BDT historical and forecast revenue and EBITDA performance | 28 | 1 |
| Forecasts | 28 | 1 |
| P&L forecasts | 28 | 1 |
| Table/Chart: Exhibit 24: P&L forecasts and earnings (in A $m unless otherwise stated) | 28 | 1 |
| P&L forecasts (CONT) | 29 | 1 |
| Graph: Exhibit 25: Breakdown of FY25f operating costs | 30 | 1 |
| Seasonality | 30 | 1 |
| Graph: Exhibit 26: Revenue and EBITDA seasonality | 30 | 1 |
| Table/Chart: Balance sheet | 31 | 1 |
| Table/Chart: Exhibit 27: Balance sheet forecasts (in A $m unless otherwise stated) | 31 | 1 |
| Table/Chart: Cash flow | 32 | 1 |
| Table/Chart: Exhibit 28: Cash flow reported and forecasts (in US $m unless otherwise stated) | 32 | 1 |
| SWOT Analysis | 33 | 1 |
| Table/Chart: Exhibit 29 contains our swot analysis | 33 | 1 |
| Table/Chart: Exhibit 29: Strengths, Weaknesses, Opportunities, Threats | 33 | 1 |
| Key Risks And Sensitivities | 33 | 1 |
| Table/Chart: Board And Management | 34 | 1 |
| Table/Chart: Exhibit 30: Board of Directors and Key Management | 34 | 1 |
| Shareholders | 35 | 1 |
| Table/Chart: Exhibit 31: Substantial shareholders | 35 | 1 |
| Peer Comparison | 36 | 1 |
| Table/Chart: Exhibit 32: Relative peer comparison | 36 | 1 |
| DCF Valuation | 37 | 1 |
| Table/Chart: Exhibit 33: Base Case DCF valuation (A $m, unless otherwise stated) | 37 | 1 |
| Graph: Exhibit 34: DCF scenario valuations | 37 | 1 |
| Table/Chart: Exhibit 35: Financial Summary | 38 | 1 |
| FINANCIAL SERVICES GUIDE | 39 | 1 |
| Our general advice service | 39 | 1 |
| How are we paid? | 39 | 1 |
| Associations and Relationships | 39 | 1 |
| Complaints | 39 | 1 |
| Professional Indemnity Insurance | 39 | 1 |
| Disclosure | 40 | 1 |
