Atturra Limited · ASX:ATA
Atturra — Investor Presentation (February 2022)
22 slides from Atturra's investor presentation, Feb 24, 2022
Slide 1: FY22 Half Year Results
FY22 Half Year Results 24 FEBRUARY 2022 CONTACT DETAILS Stephen Kowal Richard Shaw Chief Executive Officer and Executive Director Chief Financial Officer 02 9657 0999 02 9657 0999 stephen.kowal@atturra.com richard.shaw@atturra.com A copy of the presentation is attached. This presentation has been au
Slide 2: Agenda
Agenda |Results Summary |Business Overview |Financial Performance |Outlook FY22 Half Year Results 2
Slide 3: CEO message
“The Atturra team are very pleased with the first half performance, delivering very strong results while at the same time managing a successful IPO. Our result clearly demonstrates the inherent strength and relevance of our strategy of ensuring we have leadership positions in key technologies and in
Slide 4: Business Overview
Business Overview FY22 Half Year Results 4
Slide 5: Vision and opportunities
Vision and opportunities Atturra aims to be Australia’s leading Advisory and IT solutions provider. We will achieve this by focusing on these strategies: Our industry strategy is to focus on industries in Our technology strategy is to focus on: which there is: • high growth technologies so it can gr
Slide 6: Industry Focus for specialist IT services
Industry Focus for specialist IT services Customer sector Core customer 1H FY22 progress by industry demands Local | Over 100 councils across Australia and NZ with expertise in TechnologyOne, Infor, Microsoft and government other leading council solutions. Simplify Federal | One of the largest domes
Slide 7: Business overview
Business overview Continuing demand in our Advisory & Consulting services with strong growth in the team. Activity increased in line Advisory & Consulting with the recently announced Sovereign Industry Capability Priorities. New Partnerships with Infor (#1 Pathway provider) and Semestry (sole consul
Slide 8: 1H FY22 achievements
1H FY22 achievements Boomi APJ Smartsheet New Partnerships Sole Consulting Continued Partner of the APAC Partner with Snowflake, partner expansion in Year of the Year Infor, Smartlogic, for Semestry in Defence 2021 2021 Okta and Apigee ANZ expanding engaged in 9 (Google Cloud) our Educational of the
Slide 9: Atturra's rapidly growing client base
Atturra’s rapidly growing client base Our business continues to expand with over 45 new clients in the first 6 months of the year, some of which are below. FY22 Half Year Results 9
Slide 10: Financial Performance
Financial Performance FY22 Half Year Results 10
Slide 11: Atturra 1H FY22 Financial Highlights
Atturra 1H FY22 Financial Highlights Atturra Results Revenue growth 44% on pcp $61.9m $5.5m EBIT growth of 68% on pcp (139% underlying) Revenue EBIT Strong Balance Sheet – Well placed to acquire with cash $6.4m $3.4m balance of $37.2m EBIT NPAT (underlying) NPAT growth of 40% on pcp FY22 Half Year R
Slide 12: Financial performance continued
Financial performance continued… Consolidated Revenue Consolidated EBIT CAGR = 35% CAGR = 151% 70.0 61.9 6.0 5.5 60.0 5.0 50.0 42.9 4.0 40.0 33.8 44% 3.0 3.3 68% 30.0 Revenue EBIT Growth 2.0 Growth 20.0 pcp 0.9 pcp 10.0 1.0 - - HY20 HY21 HY22 HY20 HY21 HY22 Consolidated Net Profit After Tax Consolid
Slide 13: Revenue Bridge
Revenue Bridge* Increase. Decrease Total Strong Revenue growth of 44% pcp, driven by a mix of organic and inorganic growth inline with company strategy, made up of : | 616K Revenue Decrease as a results of the divestment of a small data business to Talos | 2.3M Revenue as a result of the Acquisition
Slide 14: 1H FY22 Financial Results
1H FY22 Financial Results H1 FY22 H1 FY21 % | 44% increase in revenue to $61.9m | Quality of business has improved, Gross Revenue from customers 61,879 42,944 44% margin increased 6% to 34% EBIT 5,531 3,291 68% | Improved profitability, 139% increase in EBIT (Underlying) underlying EBIT to $6.4m 6,3
Slide 15: Balance Sheet
Balance Sheet 31 Dec 2021 30 June 2021 % Change Cash 37,185 17,328 115% | $24.8m cash raised in IPO ($20.9m after costs and payment to exiting Receivables and Other CA's 24,498 23,495 4% shareholder) Lease Asset 4,010 3,275 22% Plant & Equipment 220 281 (22%) | Mentum acquired August 2021. Purchase
Slide 16: Cash Flow
Cash Flow (AUD $,000) H1 FY22 H1 FY21 % Change | ($1.3m) Cashflow to operations impacted by payment timing and seasonality. Includes $4.2m tax paid, including prior Opening Cash year earnings. 17,328 8,799 97% Cashflows from operations | Mentum acquired August 2021. Cash (1,270) 5,597 (123%) conside
Slide 17: Outlook
Outlook FY22 Half Year Results 17
Slide 18: Outlook
Outlook Atturra’s goal is to target continued high growth and Despite the increased levels of investment Atturra is sustainable EBIT around 9%. Our very strong 1H FY22 enables expecting to exceed it’s prospectus EBIT forecast, Atturra to accelerate its investment plans, in particular a strong withou
Slide 19: Impact of the Kettering Professional Services Acquisition
Impact of the Kettering Professional Services Acquisition Atturra is on target to complete its acquisition of Kettering on the 1st of March 2022 with the majority of conditions precedent now completed. For the FY22 year Kettering is anticipated to add : $1.6m Revenue to the $180,000 EBIT business, h
Slide 20: FY22 Outlook
FY22 Outlook Revenue including Kettering in the Underlying EBIT including Kettering in the Range range of $127-130M, range primarily of 11.7-12.3M, excluding IPO costs, Employee Share affected by revenue recognition of Offers and Performance Rights issues in line with the prospectus. The range of EB
Slide 21: Important Notice and Disclaimer
Important Notice and Disclaimer The material in this presentation is general background information about Atturra Limited (34 654 662 638) (Company) and its activities current as at the date of this presentation, 24 February 2022. It is information given in summary form and does not purport to be co
Slide 22: Thank you
Thank you FY22 Half Year Results 22