1 / 24

Who We Are

Who We Are. Public since 2007 and on NASDAQ exchange (DGLY) Provide audio/video recording equipment to law enforcement agencies (dashboard cameras) First to provide full digital “solid state” systems which replaced VHS and early-stage digital systems

robert-barr
Download Presentation

Who We Are

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Who We Are • Public since 2007 and on NASDAQ exchange (DGLY) • Provide audio/video recording equipment to law • enforcement agencies (dashboard cameras) • First to provide full digital “solid state” systems • which replaced VHS and early-stage digital systems • Received patent for rear-view mirror technology • Only public company in our market channel

  2. Our Business • Law Enforcement (92% of our business) • In-Car Video • Body-Worn Cameras • LIDAR Speed Detection • Customers Include: City, State, County and Federal • Law Enforcement Agencies, Military, International • and Domestic • Commercial Fleet (8% of our business) • Incident Recorders • Body-Worn Cameras • Customers Include: Ambulance, Fire, Paratransit, • Taxicab, Mass Transit, etc.

  3. Our History • Began shipping in March 2006 • Generated 9 consecutive quarters of revenue • and earnings growth • 2008 revenues peaked at $33 million • 2012 revenues were $17.6 million • Economic recession hit our customers in 2008 • and the customers and market are still recovering • Management right-sized operations

  4. In-Car Video Body-Worn Camera Our Law Enforcement Competitors • We are the only public company in our market channel • Dominated by smaller non-public entities or small • divisions of large public companies • Several bankruptcies have cleared up the market • In-Car VideoBody-Worn Camera • Watchguard Video – Texas-based • non-public entity • Coban Technologies – Texas-based • non-public entity • Panasonic – Small division of • public company • MobileVision – Small division of • L3 Communications • All of these provide in-car video solutions • and private-label their body-worn cameras. None have LIDAR. • Taser International – Arizona- • based public company • VieVu – Washington-based non- • public company that private • labels to others • Many other smaller and larger • companies developing body- • worn systems • Taser International – Arizona- • based public company • VieVu – Washington-based non- • public company that private • labels to others • Many other smaller and larger • companies developing body- • worn systems • Watchguard Video – Texas-based • non-public entity • Coban Technologies – Texas-based • non-public entity • Panasonic – Small division of • public company • MobileVision – Small division of • L3 Communications • All of these provide in-car video solutions • and private-label their body-worn cameras. None have LIDAR.

  5. 913-814-7774 | www.digitalallyinc.com | corporate@digitalallyinc.com

  6. New Digital Video Systems New Digital Video Systems DVM-800 • Feature-Rich • In-Car Video with • 5-Year Warranty • for Under $4000 + Current & Future Trade-In Credits • Includes 4 Cameras • Integrated Wireless • Dual Simultaneous Recording • Loop + Incident Recording • Advance Replacement Warranty Coverage • And More!

  7. Annual Revenue Composition Commercial Fleet 4% Commercial Fleet 4% Commercial Fleet 8% Commercial Fleet 8% Body-Worn Camera 1% Body-Worn Camera 1% Body-Worn Camera 5% Body-Worn Camera 5% Repair, Service & Accessory 19% Repair, Service & Accessory 19% Repair, Service & Accessory 18% Repair, Service & Accessory 18% LIDAR 3% LIDAR 3% In-Car Video Law Enforcement 73% In-Car Video In-Car Video In-Car Video Law Enforcement 65% LIDAR 4% LIDAR 4% 2012 2013 through Sept. 30

  8. Approximately 70,000 vehicles are replaced each year • Most agencies also have non-automobile patrols (motorcycle, • boat, bicycle, etc.) • Almost 2,000 Coast Guard Boats and Cutters alone • International market is larger and less developed than domestic

  9. New Digital Video Systems FirstVu HD • Ahead of the Competition • Smaller & Lighter • User-Replaceable Battery Lasts a Full Shift • 720p HD Video with Different Quality Options • Wide Field of View • Enhanced Low-Light Sensitivity • Multiple Mounting Options • Pre-Event Recording • Recording Security & More

  10. New Digital Video Systems New Video System Feature VuLink • Revolutionizes Body Cam – In-Car Video Connectivity • Simultaneously Starts Recordings on Both Systems • Utilizes Automatic In-Car Recording Triggers • Eliminates Distraction, the Need to Continuously Record & User Error • Can Link Recordings from Both Systems in the Back-Office Software

  11. New Digital Video Systems FirstVu HD Competition

  12. New Digital Video Systems Commercial Fleet Recorder Update DVM-250/250Plus • Up To 8 Cameras • Simultaneous Continuous Loop and Event Recording • 32GB Internal + Up To 32GB Removable Memory • Wireless System Updates • Live Streaming Video Option Management Software • Expanded Reporting • Easier User Permission Management • Enhanced Player & More

  13. Financial Metrix • 2,220,530 total shares outstanding (2,806,169 fully diluted) • Approximately 32% held by insiders (44% fully diluted) • Current market price $9.25 • 2013 annual increase in stock price was 164% • Current market capitalization: $20.5 million • 52 week high/low range $3.16 – $16.63 • Volatility caused by: • Restoration of profits • Excitement regarding new body-worn camera market • Health of domestic customers • Stability of US Government and grant funding • Potential of commercial fleet market • Patent issues

  14. Financial Metrix • Operating results: • Generated YTD 2013 operating profits through June 30 • Third quarter 2013 negatively impacted by: • US government shutdown and sequester • Delay in launching body-worn camera • Delays in domestic orders caused by patent troll • Delays caused by the DVM-800 product announcement • Fourth quarter: • Expect to issue financials in March 2014 • Domestic law enforcement budgets remain tight • FirstVu body-worn cameras • International market • DVM-800 launched late in Q-4 • Balance sheet at September 30, 2013: • $6.8 million positive working capital • $8.3 million stockholder’s equity • $2.5 million subordinated debt • Negotiating 1 year extension • Does not prevent other senior debt

  15. Why We Are Excited About 2014 & Beyond • We have done the hard part! Right-sizing operations. • New products will dominate! • FirstVu body-worn camera • DVM-800 in-car video • Domestic law enforcement market stabilized • Budgets and funding is the issue • Courts and juries demanding video evidence • Liability protection is proven • Our product suite is second to none • International law enforcement market is improving • Market potential is vast • Customers are adopting our solution • Commercial fleet market is diversifying our revenue base • Gaining traction in all markets • Our product is proven and preferred

More Related