Slide 1: FY24 Results Presentation
FY24 RESULTS PRESENTATION 29 August 2024 Organise Connected Data
Slide 2: Important Notices & Disclaimer
IMPORTANT NOTICES & DISCLAIMER This presentation has been prepared by Orcoda Limited ACN 009 065 650 (“Orcoda”). The following material is for general information purposes only and should not be relied upon for You are cautioned not to place undue reliance on these forward-looking statements that sp
Slide 3: Contents
CONTENTS Vision & Strategy 4 Business Overview 8 Operational and Financial Highlights 12 Appendix 21 3
Slide 4: Vision & Strategy
Vision & Strategy
Slide 5: Orcoda Vision & Strategy
ORCODA VISION & STRATEGY TODAY TOMORROW Orcoda Orcoda will is an integrated, be a leading B2B provider of provider of smart city seamless AI technology and driven smart infrastructure city solutions solutions within transport corridors 5
Slide 6: Orcoda Snapshot
ORCODA SNAPSHOT ORGANISE CONNECTED DATA Mission What We Do Vision Optimise and enhance Integrated transport Leading provider of Intelligent compliance of customers’ optimisation SaaS, in-vehicle Transport Management transport operations, supporting fleet management solutions, System and seamless AI
Slide 7: Orcoda's Journey
ORCODA’S JOURNEY VISION: TOWARDS OUR 2023 a leading provider STRATEGIC VISION ACQUISITION of seamless AI driven smart city solutions 2020 ACQUISITION Acquisition of Future Fleet, a leading provider of 2018 fleet management solutions MERGER Acquisition of Betta Group, bolstering Smart Cities capabili
Slide 8: Business Overview
Business Overview
Slide 9: Orcoda (Today) Intelligent Transport Management System (ITMS)
ORCODA (TODAY) INTELLIGENT TRANSPORT MANAGEMENT SYSTEM (ITMS) TRANSPORT TELEMATICS SYSTEMS (TTS) TRANSPORT BOOKING SYSTEMS (TBS) 1 In-vehicle management system (IVMS) 1 Booking of people, parcels and goods (PPG) on to transportation 2 Driver behaviour / AI cameras 2 Processing bookings and payments
Slide 10: Orcoda Operating Divisions
ORCODA OPERATING DIVISIONS TRANSPORT TECHNOLOGY INFRASTRUCTURE SERVICES • Transport SaaS with proprietary algorithms, fit-for-purpose, built and • Transport infrastructure, communications and electrical contracting refined over the past decade services Description • In-field fleet management solutio
Slide 11: Orcoda Helping Our Customers Achieve Reductions in Their CO2 Emissions
ORCODA HELPING OUR CUSTOMERS ACHIEVE REDUCTIONS IN THEIR CO2 EMISSIONS “TransitCare is proud of the reductions in CO2 emissions we have seen since adopting the Orcoda System. Our case study in Townsville saw one branch save 34.2 tonnes in its first year” Terry O'Toole, CEO TransitCare 11
Slide 12: Operational and Financial Highlights
Operational and Financial Highlights
Slide 13: FY24 Highlights
FY24 HIGHLIGHTS TOTAL INCOME ARR2 $25.4m $6.4m up 23% up 64% EBITDA CONNECTED ASSETS $2.5m ~7,000 up 24% as of 30/6/24 FREE CASH FLOW1 ADDITIONAL TRIPS OPTIMISED $1.2m 825,000 up 396% vs FY23 1. Free cash flow is calculated as net operating cash flow, add back interest expenses, less i) investing ca
Slide 14: Divisional Performance and Operational Highlights
FY24 REVENUE DIVISIONAL PERFORMANCE AND OPERATIONAL HIGHLIGHTS 33% 67% Transport Technology Infrastructure Services TRANSPORT TECHNOLOGY INFRASTRUCTURE SERVICES • Total ARR increased by $2.4m to $6.4m • Successful execution of large contracts including the $6.8m • Acquired Future Fleet on 1 July 202
Slide 15: Profit & Loss
PROFIT & LOSS FY24 FY23 % • Revenue increased by $5.2m or 26% yoy, driven by growth in $m $m each division in particular Future Fleet contribution (refer to previous slide for details) Revenue from operations 25.1 19.9 26% Other income (incl R&D tax incentive) 0.4 0.8 (56)% • Record EBITDA $2.5m, up
Slide 16: Cash Flow Statement
CASH FLOW STATEMENT FY24 • FY cash flow results negatively impacted by timing of FY24 Proforma1 FY23 large $0.7m receivables due in FY24 but received on $m $m $m 2 July 2024 • A proforma column including the late customer Operating Activities payments is shown to illustrate the underlying Receipts f
Slide 17: Balance Sheet
BALANCE SHEET 30-Jun-24 30-Jun-23 • As of 30 June 2024, $0.8m proforma1 net cash position $m $m (actual $0.1m): ASSETS • Proforma cash and cash equivalents of $4.4m (actual Cash and cash equivalents 3.7 4.5 $3.7m) Trade & other receivables 2.6 1.9 • Financial liabilities $3.6m ($1.2m current, $2.3m
Slide 18: Strategy Progress and Outlook
STRATEGY PROGRESS AND OUTLOOK TRANSPORT TECHNOLOGY • Growing pipeline across its solutions portfolio – transport optimisation and booking SaaS, carpooling SaaS, turn-by-turn navigation SaaS, in-vehicle fleet management solutions • Notably, strong momentum in the community transport segment with 6 ne
Slide 19: Orcoda Value Proposition
ORCODA VALUE PROPOSITION Orcoda offers a unique and integrated enablement of digital transport thematics CUSTOMISABLE VERTICALLY SCALABLE EXPOSURE TO FAVORABLE SOLUTIONS INTEGRATED MODEL END MARKETS tailored to growing and full-service offering, combining focus on growing software well-positioned to
Slide 20: Conclusion
CONCLUSION As cities and major regions around the world initiate digital twins, Orcoda is building to be a leading provider of seamless AI driven smart city solutions, whilst ensuring profitability each step of the way 20
Slide 21: Appendix
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Slide 22: Board & Management
BOARD & MANAGEMENT NICHOLAS JOHANSEN GEOFFREY JAMIESON MAREE ADSHEAD Non-Executive Chairman Managing Director Non-Executive Director Chair Audit Committee and member Ex Merchant banker, 35+ years' Chair Rem Committee Rem Committee experience as MD or CFO for ASX listed 30+ years board and advisory e
Slide 23: FY23 to FY24 Total Income Bridge
FY23 TO FY24 TOTAL INCOME BRIDGE Transport Technology Division • FY24 sales revenue increased across business lines other than in the Mt Buller contract as it’s directly affected by ski visitor numbers which vary each ski season, influenced by external factors • Strong contribution from Future Fleet
Slide 24: FY23 to FY24 EBITDA Bridge
FY23 TO FY24 EBITDA BRIDGE 1 1 Transport Technology Division • FY24 EBITDA increased across business lines other than a slight decline in Mt Buller contract due to lower revenue • Strong contribution from Future Fleet, from acquisition date 1 July 2023 • ~$0.8m in EBITDA difference attributable to d
Slide 25: Proprietary Software Platform
PROPRIETARY SOFTWARE PLATFORM Orcoda Solutions are powered by the proprietary Orcoda Transport Logistics and Booking Platform ORCODA Intelligent Transport Management System Incorporating both Orcoda’s Transport Logistics and Booking systems, providing technical solutions for deliveries, collections,
Slide 26: Platform Solutions
PLATFORM SOLUTIONS Leveraging Orcoda’s core software platform to develop and market scalable solutions Customising requirements from specific industries and verticals, Orcoda has developed scalable solutions including end-user facing applications with booking and payments done by users of apps SELEC
Slide 27: Transport Management System: TransitCare Case Study
TRANSPORT MANAGEMENT SYSTEM: TRANSITCARE CASE STUDY Objective • Improve fleet utilisation • Reduce costs $7,560/day saving in lost Saved $1.75m • Improve reporting revenue More efficient use of • Improve customer service Reduction in existing fleet unallocated jobs Orcoda Solution • Optimised routes
Slide 28: Transport Management System: Other Case Studies
TRANSPORT MANAGEMENT SYSTEM : OTHER CASE STUDIES NZ District Council • Mt Buller Transportation App* for • Orcoda Transport Logistics • Orcoda Connect* for customer to passengers to book rideshares, make Software* for route planning across manage their fleet bookings Solutions payments and track tra
Slide 29: Betta Group: Capabilities and Case Studies
BETTA GROUP: CAPABILITIES AND CASE STUDIES Provision of transport infrastructure services and smart cities installation capabilities Power & Infrastructure Electrical Services • Construction and installation of • Construction and installation of • Installation, rectification and signaling, fibre opt
Slide 30: Future Fleet: IoT, AI, Satellite and 4G/5G Tracking Solutions
FUTURE FLEET: IOT, AI, SATELLITE AND 4G/5G TRACKING SOLUTIONS Diverse technologies to deliver advanced fleet and asset management solutions across industries Cold Chain Telematics with optional Iridium Support In-Cab Satellite Connectivity Command Tablet AI side cameras Pedestrian Vision Alerting Fa
Slide 31: Contact Us
CONTACT US Geoff Jamieson Managing Director gjamieson@orcoda.com Organise Connected Data