HIGHLIGHTS
• Atomos is pleased to announce a technology step-change with the launch of two new network-connected devices, the ATOMOS CONNECT and SHOGUN CONNECT
• New partnership with Frame.io (an Adobe company) - Camera to Cloud enhances Atomos' value to content creators collaborating remotely
• 1M Frame.IO subscribers and 26M Adobe Creative Cloud subscribers represents large opportunity for Atomos to attract new customers - Frame.IO now free to Adobe Creative Cloud subscribers
• The launch of Atomos Cloud Studio introduces cloud-based video production tools and services, representing the Company's entry into subscription-based revenue streams. These products and announcements will assist in driving margin expansion and recurring revenues
• Atomos reconfirms its FY22 guidance for revenue of $95m+ and EBITDA margins of 12-15%
• Atomos flags FY23 and FY24 software ARR guidance of $3m+ and $6m+ respectively
• Pipeline of products: targeting 3 by end FY22 and a further 5-6 in FY23
EXISTING HARDWARE
TODAY
WE ARE AT CAPTURE ONLY - PRODUCTION & CREATIVE ARE DISCONNECTED
Currently ATOMOS products are sold on a one-off revenue basis. ATOMOS' customers are engaging 3rd parties for missing parts of the workflow.
ON SET
FILE TRANSFER
LIVE/POST PRODUCTION
ATOMOS' current offering
Opportunity
SOLUTION
CONNECT EVERYTHING SEAMLESSLY IN THE CLOUD
ATOMOS can now address these missing parts directly.
Today's announcement allows ATOMOS to address all parts of the workflow.
Importantly it provides ATOMOS' customers with a more complete offering and provides ATOMOS with significant opportunities for revenue expansion.
ON SET
FILE TRANSFER
LIVE/POST PRODUCTION
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Atomos Ltd. published this content on 21 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2022 23:17:02 UTC.