Catapult Sports Ltd. · ASX:CAT
Catapult Sports — Shareholder Meeting (November 2019)
21 slides from Catapult Sports's shareholder meeting presentation, Nov 27, 2019
Slide 1: Annual General Meeting 27 November 2019
INSURANCE RENEWAL For personal use only ANNUAL GENERAL MEETING 27 NOVEMBER 2019 CATAPULTSPORTS.COM 1
Slide 2: We exist to build and improve the performance of athletes and teams
ANNUAL GENERAL MEETING For personal use only WE EXIST TO BUILD AND IMPROVE THE PERFORMANCE OF ATHLETES AND TEAMS. Cover image: This photo was taken during the semi-finals of the Série A: Campeonato Carioca state championship between Clube de Regatas do Flamengo and Fluminense FC. The game was 1-0 in
Slide 3: Agenda
For personal use only AGENDA → FORMAL BUSINESS → CEO’S ADDRESS → CHAIRMAN’S ADDRESS → Q&A CATAPULTSPORTS.COM 3
Slide 4: Introduction of Directors and Executives
ANNUAL GENERAL MEETING For personal use only INTRODUCTION OF DIRECTORS AND EXECUTIVES Mr Shaun Holthouse Mr Igor van de Griendt Mr Calvin Ng Mr Brent Scrimshaw Co-founder and Co-Founder and Retiring Non-Executive Director and Non-Executive Director, Chair of Non-Executive Director Non-Executive Dire
Slide 5: Resolution 1: Adoption of Remuneration Report
ANNUAL GENERAL MEETING For personal use only RESOLUTION 1: ADOPTION OF REMUNERATION REPORT To consider and, if thought fit, to pass, with, or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of Section 250R(2) of the Corporations Act and for all other pur
Slide 6: Resolution 2: Re-election of Dr Adir Shiffman as Director
ANNUAL GENERAL MEETING For personal use only RESOLUTION 2: RE-ELECTION OF DR ADIR SHIFFMAN AS DIRECTOR To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That Adir Shiffman, a Director who retires by rotation in accordance with t
Slide 7: Resolution 3: Re-election of Mr Igor van de Griendt as Director
ANNUAL GENERAL MEETING For personal use only RESOLUTION 3: RE-ELECTION OF MR IGOR VAN DE GRIENDT AS DIRECTOR To consider and, if thought fit, to pass, with, or without amendment, the following resolution as an ordinary resolution: “That Mr Igor van de Griendt, a Director who voluntarily offers himse
Slide 8: Resolution 4: Withdrawn
ANNUAL GENERAL MEETING For personal use only RESOLUTION 4: WITHDRAWN CATAPULTSPORTS.COM 8
Slide 9: Resolution 5: Issue of Director's Options and Performance Rights to Mr James Orlando
ANNUAL GENERAL MEETING RESOLUTION 5: ISSUE OF DIRECTOR’S OPTIONS AND For personal use only PERFORMANCE RIGHTS TO MR JAMES ORLANDO To consider and, if thought fit, to pass, with, or without amendment, the following resolution as an ordinary resolution: “For the purposes of Chapter 2E of the Corporati
Slide 10: CEO Address
INSURANCE RENEWAL For personal use only CEO ADDRESS WILL LOPES CATAPULTSPORTS.COM 10
Slide 11: Chairman's Address
INSURANCE RENEWAL For personal use only CHAIRMAN’S ADDRESS DR ADIR SHIFFMAN CATAPULTSPORTS.COM 11
Slide 12: Catapult's global scale and emerging operating leverage
ANNUAL GENERAL MEETING CATAPULT’S GLOBAL SCALE AND EMERGING OPERATING LEVERAGE For personal use only A high-growth The global market leader Scalability: delivering recurring revenue with the best products profitability and business generating and service transitioning to high gross margins positive
Slide 13: FY19 continued strong revenue growth and first positive EBITDA
ANNUAL GENERAL MEETING FY19 CONTINUED STRONG REVENUE GROWTH AND FIRST POSITIVE EBITDA For personal use only $6M INCREASE CATAPULTSPORTS.COM 13
Slide 14: EBITDA growth momentum
ANNUAL GENERAL MEETING EBITDA GROWTH MOMENTUM For personal use only DELIVERED FIRST POSITIVE EBITDA DRIVEN BY RECURRING REVENUE AND NEW BUSINESS GROWTH EBITDA ($M) EBITDA ($m) REVENUE INCREMENT EBITDA INCREMENT 6 $18.6M 4 2 $12.4M $6.0M 0 FY17 FY18 FY19 $2.0M -2 FY18 FY19 FY18 FY19 -4 16% YIELD 32%
Slide 15: Catapult is unique in providing world-class solutions across the stack
ANNUAL GENERAL MEETING CATAPULT IS UNIQUE IN PROVIDING WORLD-CLASS SOLUTIONS ACROSS THE STACK For personal use only V I D E O A N A LY S I S Following the strategic acquisition of video market-leader XOS Digital, Catapult has invested in a scalable, needs-driven video platform, Vision, that is revol
Slide 16: Prosumer resized to achieve potential while managing cash flow
ANNUAL GENERAL MEETING PROSUMER RESIZED TO ACHIEVE POTENTIAL WHILE MANAGING CASH FLOW For personal use only → Revenue growth of 54% to $5.3 million → Online channels delivering most of the FY19 sales. → NPS score of 65.8 PROSUMER UNITS (0 0 0 ’s ) 14.0 47% INCREASE CATAPULTSPORTS.COM 16
Slide 17: FY19 Recap
ANNUAL GENERAL MEETING For personal use only FY19 RECAP → First positive EBITDA of $4.1m, a $6m improvement → 1,100 new teams to 2,970 → ARR growth 24% to $66.1m → Revenue growth 24% to $95.4m → Slowing OPEX growth, 14% to 9% → Lower EW subscription churn, 5.2% from 8.4% → New products in market: Ve
Slide 18: Outlook
ANNUAL GENERAL MEETING For personal use only OUTLOOK → The Board expects continued strong revenue growth, with a further reduction in operating expense growth → Catapult is committed to subscription sales and ARR growth, with high quality, high margin, revenue → 3 key drivers exist to support growth
Slide 19: Other Business
For personal use only OTHER BUSINESS O P P O R T U N I T Y F O R A N Y OT H E R B U S I N E S S T H AT C A N L A W F U L LY B E B R O U G H T F O R W A R D B E F O R E C L O S I N G FORMAL PROCEEDINGS. CATAPULTSPORTS.COM 19
Slide 20: Forward-Looking Statements
ANNUAL GENERAL MEETING For personal use only FORWARD-LOOKING STATEMENTS Any forward-looking statements, opinions and estimates provided in this announcement rely on various contingencies and assumptions. Various factors and risks, both known and unknown, many of which are outside the control of Cata
Slide 21: For personal use only
For personal use only CATA P U LTS P O R TS .CO M 21
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