Slide 1: FY24 Full Year Results
FY24 Full Year Results 26 August 2024 CONTACT DETAILS Stephen Kowal Herb To Chief Executive Officer and Executive Director Chief Financial Officer 02 9657 0999 02 9657 0999 stephen.kowal@atturra.com herb.to@atturra.com This presentation has been authorised for release to the ASX by the Board of Attu
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer The material in this presentation This presentation has not been No representation or warranty, is general background information audited in accordance with the expressed or implied, is made to about Atturra Limited (34 654 662 638) Australian Auditing Standards. the fa
Slide 3: Agenda
Agenda 01 Results Summary 02 Financial Performance 03 Business Overview 04 Business Update 05 Outlook 06 Q&A
Slide 4: Atturra FY24 Financial Highlights
Atturra FY24 Financial Highlights Atturra Results Revenue growth of 36% on pcp $243.4m $25.5m Underlying EBITDA growth of 21% on pcp Revenue Underlying EBITDA* Strong Balance Sheet – well placed to $60.6m $16.3m acquire with cash balance of $60.6M Cash Underlying NPATA Underlying NPATA growth of 27%
Slide 5: Achievement of Key Objectives
Achievement of Key Objectives Objective Outcome Targeting 20%+ revenue growth and Atturra has consistently exceeded annual growth 10.5%+ underlying EBITDA per annum and profit targets since listing on the ASX in 2021 Selective overseas expansion where strong Atturra has offices outside ANZ in Singap
Slide 6: Vision and Strategy
Vision and Strategy Atturra aims to be Australia’s leading Advisory and IT solutions provider. We will achieve this by focusing on these strategies: Deep industry capabilities Sales differentiation Industry Industry specific IP Low client churn Strategy Expansion into Natural Resources Stable predic
Slide 7: Business Philosophy
Business Philosophy Our Business Philosophy continues to focus on growth while delivering a sustainable margin Atturra’s rapidly growing client base Growth Investment Our business continues to expand organically Philosophy Philosophy with over 80 new clients this financial year. REVENUE GROWTH IS TO
Slide 8: Financial Performance
atturra FY24 Full Year Results
Slide 9: Revenue Bridge
Revenue Bridge 36% 300.0 250.0 24.1 243.4 48.8 -8.0 Strong revenue growth on pcp 200.0 driven by a mix of organic and 178.4 inorganic growth in-line with company strategy, made up of: 150.0 Acquisition Contribution 100.0 The revenue of the acquisitions made in FY24, based on the revenue of those acq
Slide 10: Financial Highlights (continued)
Financial Highlights (continued) Consolidated Revenue Consolidated EBITDA (Underlying) Revenue Composition CAGR = 30% CAGR = 34% 30.0 300.0 25.5 243.4 25.0 250.0 21.0 29% 200.0 178.3 20.0 42% 15.1 150.0 134.6 15.0 100.0 10.0 29% 50.0 5.0 0.0 0.0 Other Recurring Long-Term FY22 FY23 FY24 FY22 FY23 FY2
Slide 11: NPATA Bridge
NPATA Bridge 27% 18.000 2.482 16.340 16.000 1.348 14.000 2.061 0.484 Strong Underlying 12.000 NPATA growth on pcp 1.086 -0.347 10.000 9.731 -0.506 NPATA Adjusted NPAT (“NPATA”) adds 8.000 back client relationship intangible amortisation and acquired software 6.000 amortisation. 4.000 Underlying NPAT
Slide 12: FY24 Financial Results
36% increase on pcp in revenue FY24 Financial Results to $243.4m Quality of business is stable, Gross Margin increase to 32% Improved profitability FY24 FY23 % 21% increase in underlying EBITDA to $25.5m Underlying EBIT margin Revenue from customers 243,352 178,331 36% slight decline to 6% EBIT 14,1
Slide 13: Balance Sheet
Balance Sheet (AUD $,000) Cash and cash equivalents 30-Jun-24 60,639 30-Jun-23 44,250 % Change 37% $50.0m Cash raised in Capital Raising Trade and other receivables 67,065 39,627 69% Contract assets Inventories 739 1,621 422 755 75% 115% $49.0m After costs Income tax refund due 1,380 - Nm Other curr
Slide 14: Cash Flow
Cash Flow Net cash position $60.6m 37% increase on pcp (AUD $,000) FY24 FY23 % Change Opening Cash 44,250 35,130 26% Cash flow from operations Cashflows from operations 11,844 10,469 13% Investments in Subsidiaries -48,991 -18,365 Nm $11.9m 13% increase on pcp Investments in PPE and intangibles -776
Slide 15: Business Overview
atturra FY24 Full Year Results
Slide 16: Trends in Digital Transformation & AI
Trends in Digital Transformation & AI Digital transformation investments Atturra is uniquely positioned to lead the drive opportunity and value way in accelerating digital transformation AI is driving a surge in Digital Transformation (DX) Expertise in proven and emerging technologies • DX market CA
Slide 17: Deep Industry Expertise
Deep Industry Expertise FEDERAL & STATE UTILITIES LOCAL GOVERNMENT RESOURCES GOVERNMENT Enable utilities to adapt Atturra is the only holistic Expanded our presence Largest sovereign publicly to changing customer services provider to Australia in this new target listed Advisory and IT needs; reinven
Slide 18: Atturra Capabilities
Atturra Capabilities Providing end-to-end solutions ADVISORY & Atturra is an ASX-listed sovereign IT and business advisory provider with a strong CONSULTING footprint in Government, Defence, and Aged Care BUSINESS Atturra is the only ASX-listed company that supports the full end-to-end APPLICATIONS
Slide 19: Advisory & Consulting
Advisory & Consulting [Insert Atturra Unique Selling Points] is an ASX-listed sovereign IT and business advisory provider with a strong footprint in Government, Defence, and Aged Care Business Transformation 1,450+ Technology Transformation STRATEGIC INITIATIVES People Transformation Process Transfo
Slide 20: Business Applications
Business Applications Atturra is the only ASX-listed company that supports the full end-to-end capability of the core technologies we work with 2,750+ STRATEGIC INITIATIVES RECOGNISED LEADER IN • Extensive industry focus on Local Government, OUR CORE TECHNOLOGIES Federal Government, Education, and U
Slide 21: Cloud Business Solutions
Cloud Business Solutions Atturra is the only ASX-listed sovereign provider with 5 Microsoft solution partner designations, and a core IT services focus on delivering end-to-end capability at an enterprise scale for highly regulated organisations 300+ STRATEGIC INITIATIVES Business Applications Data
Slide 22: Data & Integration
Data & Integration Atturra is the only ASX-listed company that is an award-winning leading partner in APJ for both structured and unstructured data enterprise solutions 1,250+ #1 Boomi Partner APJ STRATEGIC INITIATIVES #1 Software AG Partner ANZ RECOGNISED #1 Smartsheet Partner APAC • Atturra Data R
Slide 23: Managed Services
Managed Services [Insert Atturra Unique Selling is the only Points] ASX-listed sovereign Managed Services provider in Australia with end-to-end capability to advise, integrate and manage the infrastructure for both mid-market and enterprise organisations NetApp Prestige Partner of the Year 1,000+ HP
Slide 24: Business Update
atturra FY24 Full Year Results
Slide 25: Atturra's Key Proprietary Offerings
Atturra's Key Proprietary Offerings Scholarion Atturra DA Online Student Information System Cloud Platform ePlanning for NSW Councils WHAT IS IT? WHAT IS IT? WHAT IS IT? Cutting-edge student information system An end-to-end cloud-hosted offering Atturra (using Boomi) created a fully (built on Micros
Slide 26: FY24 Achievements
FY24 Achievements Award- Award- Award- Acquisitions winning winning winning Partnerships Silverdrop Assets & OpenText HPE Boomi Microsoft Business Acquisition APAC Regional Partner Service APJ Partner of the Year Cloud Partner August 2023 of the Year Partner of the Year Program 5 Boomi designations
Slide 27: Acquisitions and Integration
Acquisitions and Integration Atturra’s strategy is to integrate acquired businesses and maximise the common processes, including sales. Below are all acquisitions since January 2023 FY25 Finance system HR system CRM, timesheet Rebrand FINAL STEPS TO FULL INTEGRATION HSD Fully migrated Fully migrated
Slide 28: Outlook
atturra FY24 Full Year Results
Slide 29: Outlook
Outlook Atturra is well positioned to continue to grow with strong industry capabilities and IP, and being the largest sovereign end-to-end provider in most of its areas. 01 Continue to invest in Managed Services sales, position for transformational deals in FY26/27 02 Continue to invest in developi
Slide 30: Questions & Answers
atturra FY24 Full Year Results
Slide 31: Thank you
Thank you CONTACT DETAILS Stephen Kowal Herb To Chief Executive Officer Chief Financial Officer and Executive Director 02 9657 0999 02 9657 0999 herb.to@atturra.com stephen.kowal@atturra.com Atturra Limited | ABN 34 654 662 638 Level 2, 10 Bond Street, Sydney NSW 2000