Key Investment Highlights:
- BirdDog delivered record revenue of A$38.2m in FY21 (up 303% on FY20)and a record Pro-Forma underlying EBITDA of $2.6m in FY21 (up 214% on FY20).
- BirdDog has a large range of products in-market and generating revenue including 20 hardware products and 12 software products. BirdDog is expanding product range to cater for new markets and opportunities, including the recently released embedded SDM Module in partnership with Sharp/NEC to address the large digital signage market.
- BirdDog is known as the global leader of the NDI revolution, leading the world in both NDI enabled hardware and software solutions. BirdDog also has a significant, now well-established and global first mover advantage, delivering the highest quality technology on the NDI platform across a value-based pricing structure.
- Frost & Sullivan estimate that BirdDog's total addressable market in 2021 is approximately $132bn, across a range of hardware, embedded technology and software sub-markets.
- Plans to increase product development capacity to deliver improvements on existing products and development of new and additional SKU's and product categories
- Strong Board & management team led by serial entrepreneurs and AV experts, supported by a highly experienced Board
