Smart Parking Limited · ASX:SPZ
Smart Parking — Shareholder Meeting (November 2020)
12 slides from Smart Parking's shareholder meeting presentation, Nov 20, 2020
Slide 1: AGM Presentation
For personal use only Smart Parking Limited (ASX:SPZ) AGM Presentation 20 November 2020 CEO Paul Gillespie smartparking.com
Slide 2: Smart Parking Ltd (ASX:SPZ)
Smart Parking Ltd (ASX:SPZ) A global company focused on delivering industry leading For personal use only technology innovations and solutions within the parking industry FY20 Results | Sites Managed - ANPR Parking management services 581 Provision of parking management solutions, predominantly serv
Slide 3: SPZ in review
SPZ in review | Smart Parking Group For personal use only SPZ performed resiliently through Covid-19, and is now recovering. • Trading for the first 8 months of FY20 was in line with expectations. COVID-19 impacted the last 4 months. • Impact of lockdown on Smart Parking and driver behaviour resulte
Slide 4: FY21 Business Update
FY21 Business Update | Initiatives implemented in FY20 to streamline & strengthen $ 10m For personal use only Smart Parking are beginning to deliver positive returns Cash balance at 31 October • For the first 4 months of FY21, positive Group operating cashflow Up $3.7m from 30 June 2020 including $2
Slide 5: UK pandemic tracker
UK pandemic tracker | Pandemic PBNs fell 80% in April compared to the monthly For personal use only average for the year prior 23 March UK lockdown commences. PBNs Issued vs Car Count 15 May 40,000 10,000,000 UK commences easing restrictions. 9,000,000 35,000 1 June 8,000,000 Some primary schools 30
Slide 6: Managed Services
Managed Services | Positive growth across the business For personal use only UK • Added 67 sites to 31 October 2020 with the objective of delivering 200 new ANPR installations in FY21* • KFC UK & Ireland installations have commenced, with 15 sites installed and a further 21 surveyed for installation
Slide 7: Multiple growth drivers
muter Behaviour Footfall Index Multiple growth drivers 120% PM Lockdown Lockdown Some non-essential Some pubs allowed 10pm curfew Local England in Announcement begins extended shops allowed to re-open begins COVID-19 lockdown to re-open alert levels 100% Easter Sunday 80% | Recovery to pre COVID-19
Slide 8: UK Growth
UK Growth | 67 new sites added to October 31 2020. 1,000 sites expected for June 2023. For personal use only Site Reconciliation Growth target: 1,000 sites under management FY20 October Year to Date 581 expected by 67 (5) 558 June 2023 56 496 85 452 (12) (22) 389 286 01 8 01 9 ns als 19 ns als 02 0
Slide 9: Technology and R&D
Technology and R&D | Continuing to execute growth strategy – For personal use only leveraging proprietary technology • Recent contract win for Queen Victoria Market (Melbourne, Australia) to install a parking guidance systems across 500 bays in H2 FY21. • Order book and work in progress of $3.2m. •
Slide 10: Smart Parking outlook
Smart Parking outlook | Market recovery and new opportunities for growth For personal use only • Ongoing growth in ANPR installations with 200 sites expected in FY21. • UK market opportunity intact - growth target of 1,000 sites installed by June 2023. • UK PBN issuance in-line with expectation and
Slide 11: Thank you.
For personal use only Thank you. Paul Gillespie Chief Executive Officer paul.gillespie@smartparking.com Richard Ludbrook Chief Financial Officer richard.ludbrook@smartparking.com smartparking.com
Slide 12: Glossary and legal disclaimer
For personal use only Glossary Adjusted EBITDA – The Board assesses the underlying performance of the Group based on a measure of Adjusted EBITDA which takes into account costs incurred in the current period but not expected to occur in the future. EBITDA – represents Earnings before interest, taxat