Slide 1: Idox plc
Idox plc Full Year Ended 31 October 2024 28 January 2025
Slide 2: Building Value, Expanding opportunities
Building Value, Significant market positions Expanding and scale in the markets we serve opportunities Land, Property & Public Protection Assets Communities Helping our customers Solutions that reduce, Our software is helping deliver world-class operational risk and ensure to transform Health and Pl
Slide 3: Idox – Building value year after year
FY24 shows strong growth performance Idox – Building Building on the similar growth track record of the last 4 value year after years, Idox remains very well positioned to capitalise on its year strong position in resilient markets driving both organic and inorganic growth. Year ended 31 October 202
Slide 4: Strong core market positions, deep market penetration
Strong core Deep market penetration market positions and a very sticky customer base Communities Assets Land Property & Public Protection Full Year Ended 31 October 2024 4
Slide 5: Strong core business growth prospects
Strong core Growth tailwinds from increased business growth wallet share and expanding markets prospects Full Year Ended 31 October 2024 5
Slide 6: Geospatial: A sector with significant opportunities
Geospatial: A sector with significant opportunities Transformative solutions Significantly Improved Customer Outcomes Data, Software, Services, Insight Full Year Ended 31 October 2024 6
Slide 7: Significant additional growth opportunity in Geospatial
Significant additional growth Immediately addressable market opportunity in of £300m Geospatial Full Year Ended 31 October 2024 7
Slide 8: Financial review
., 3 ido Financial review Anoop Kang
Slide 9: FY24 highlights: A strong financial performance
FY24 highlights: A strong financial performance Revenue LPPP Revenue Adjusted EBITDA £87.6m £55.3m +27% £26.1m (2023: £73.3m) (2023: £24.5m) +20% Communities Revenue +7% Recurring Revenue £17.4m Adjusted EBITDA margin £54.5m 30% +16% Assets Revenue (2023: £45.5m) +20% £14.9m (2023: 33%) - Adjusted d
Slide 10: Focus on quality work, delivering profitable growth
Focus on quality work, delivering profitable growth Group order intake (£m) +23% YoY Adjusted EBITDA (£m) +7% YoY 101.7 26.1 24.5 82.4 22.5 74.7 19.5 17.2 62.9 2020 2021 2022 2023 2024 2021 2022 2023 2024 Communities Assets Land Property & Public Protection Full Year Ended 31 October 2024 10
Slide 11: Delivering value for shareholders
Delivering value for shareholders Adjusted diluted EPS (p) -% YoY Dividend per share (p) +17% YoY 0.7 2.62 2.61 0.6 2.44 0.5 2.27 0.4 1.47 0.3 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Full Year Ended 31 October 2024 11
Slide 12: Financial review: Land, Property & Public Protection
Financial review: Land, Property & Public Protection Group Revenue (£m) Adjusted EBITDA (£m) contribution Revenue 55.3 43.4 20.4 63% 35.1 30.6 17.2 25.2 13.2 16.9 EBITDA 13.0 13.9 13.2 9.7 11.2 34.9 26.2 7.8 21.9 15.5 17.6 65% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Recurring Non-Recurring
Slide 13: Financial review: Communities
Financial review: Communities Group Revenue (£m) Adjusted EBITDA (£m) contribution Revenue 17.4 16.0 16.3 15.8 15.0 20% 7.2 6.5 7.4 7.0 5.4 6.4 5.9 EBITDA 5.2 4.8 3.7 9.5 9.6 10.2 8.8 8.9 22% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Recurring Non-Recurring 16% revenue growth driven by UK Ge
Slide 14: Financial review: Assets
Financial review: Assets Group Revenue (£m) Adjusted EBITDA (£m) contribution Revenue 17% 16.1 15.8 14.8 14.9 14.9 5.4 5.9 5.1 5.2 5.5 EBITDA 4.6 4.5 13% 10.7 4.2 4.2 9.9 9.7 9.7 9.4 3.3 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Recurring Non-Recurring A stable revenue performance in Assets
Slide 15: Financial review: Net debt movement
Financial review: Net debt movement 15 25.2 10 5 (4.1) (2.4) - £m (14.7) (5) (8.7) (2.8) 0.6 (10) (2.2) (0.8) (9.9) (15) 23 ns Ta x A &D ) ds st sts he r 24 FY t io M& R en e re co Ot FY pe ra in g D iv id In t as e yo c Le b in c lu te d x( e ra pe en Ca s hg Ca Axis Title A strong operating cash c
Slide 16: Financial review: outlook
Financial review: Adjusted Significant Revenue growth Cash EBITDA margin facilities Mid / High single digit Targeting 35% in the Continued strong cash £75m RCF and £45m revenue growth medium term generation reducing net accordion providing the debt and leverage Group with significant resources for M
Slide 17: Strategy and Operations
., 3 ido Strategy and Operations David Meaden
Slide 18: Idox: A strong foundation: Focus on the future
Idox: A strong foundation: Focus on the future Strong positions Scale through Grow Targeted Margins M&A Growing markets Further Growth Focus on opportunity Cash in Geospatial Generation Good tailwinds £300m addressable Deliver a market. Goal ‘Rule of 40‘ of 10% business A clear focus on operational
Slide 19: Acquisitions have unlocked new markets and Geospatial opportunities
Acquisitions have unlocked new markets and Geospatial opportunities • Opportunities in the addressable market • Adjacent markets • Fibre Immediate • Utilities potential in • Local Government £300M share of • Property development a £6B • Construction opportunity • Logistics • Broader range of custome
Slide 20: Capital allocation
• Maintain debt at prudent level • Disciplined investment approach Capital allocation • Targeted M&A • Progressive Dividend Policy BUY BUILD PERFORM Full Year Ended 31 October 2024 20
Slide 21: Leveraging M&A to drive more growth in all addressable markets
• Established track record – proven ability to execute and integrate value Leveraging M&A to accretive acquisitions drive more growth in • Healthy M&A pipeline with positive leads on a number of strategic targets all addressable Markets • Operational cash generation and refinancing in October 2023 p
Slide 22: Conclusion
Conclusion David Meaden Full Year Ended 31 October 2024
Slide 23: Positive momentum continues
Positive momentum continues The Group’s long-term outlook is positive, reinforcing the Board’s confidence in its ability to achieve profitable growth, sustainable cash flow, and strong Strong market Opportunity to Continued focus shareholder returns positions with scale the business on operational p
Slide 24: Q&A
idox Q&A
Slide 25: Appendix
idox Appendix
Slide 26: Appendix: Segmental revenue & EBITDA summary
Appendix: Segmental revenue & EBITDA summary Revenue Land, Property & Public Protection Assets Communities Total 17% FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 20% Recurring revenue £m 26.2 34.9 9.7 9.4 9.6 10.2 45.5 54.5 63% Non-recurring revenue £m 17.2 20.4 5.2 5.5 5.4 7.2 27.8 33.1 EBITDA Total rev
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