Slide 1: Sovereign Cloud Holdings Limited FY23 Results Presentation
Sovereign Cloud Holdings Limited FY23 Results Presentation 23 August 2023 1
Slide 2: FY23 Highlights
FY23 Highlights1 Revenue increased to $6.5m Revenue • Increased revenues reflect growth from new customers and existing customers and the strategic partnership with Arqit Growth • Cloud Services and Cyber Security has continued its growth, steadily increasing 11% YoY Total TCV Outstanding increased
Slide 3: Strategic Review Summary
Strategic Review Summary The fundamentals are in place Strategy changes The demand for Cyber Security and Strengthen sales and marketing capabilities, with Cloud Solutions continues to build enabling increased emphasis on channels to market, Enterprise sales broadening of solutions whilst maintainin
Slide 4: Profit & Loss ($m)
Profit & Loss($m)1 Revenue Profit & Loss Summary ($m) FY23 FY22 Change • Total Revenue increased $2.2m (51%) Cloud & Cyber Security Services 4.4 4.0 11% - Growth in Cloud and Cyber security services has come from new contracts, and Technical Project Services 2.1 0.3 585% through contract expansions.
Slide 5: Revenue
Revenue Cloud & Cyber Security Services Revenue Summary ($m) • In FY23, annuity revenue from cloud and cyber security services increased by 11%. • Growth was directly linked to an increase in new customers and, growth from existing customers. • The new customer acquisition pipeline continues to grow
Slide 6: Cash Flow
Cash Flow Cash of $11.6m and debt of $0.35m at 30 June 2023 Cash Flow Summary ($m) Operating Activities • Cash receipts of $6mil offset by larger employer and overhead costs of $23.8mil. The net cash outflows continue to reflect the company’s investment to expand its national platform; resulting in
Slide 7: AUCloud Strategy
AUCloud Strategy Demand for Cloud Services remains robust, while the Cyber Security market has MARKET DRIVERS exhibited strong growth following recent high profile attacks on Optus, Medibank, REMAIN STRONG Latitude and others. SCALABLE Sovereign Cloud has invested over 5 years, building scalable clo
Slide 8: Glossary
Glossary Term Definition AASB Australian Accounting Standards Board ACSC Australian Cyber Security Centre ARCD Annual Revenue per Calendar Day - calculated by the average monthly revenue of the preceding rolling 3 months, divided by the number of calendar days in the last completed month. ARPU Avera
Slide 9: End
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