Senetas Corporation Limited · ASX:SEN

Senetas — Shareholder Meeting (November 2019)

20 slides from Senetas's shareholder meeting presentation, Nov 22, 2019

  1. Slide 1: Cover letter to ASX: 2019 AGM Chairman's Address and CEO Presentation

    For personal use only 22 November 2019 The Manager, Listings ASX Limited Company Announcements Office Level 4 Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam 2019 Annual General Meeting – Chairman’s Address and CEO Presentation We attach a copy of the Chairman’s address and the CEO’s

  2. Slide 2: Chairman's Address

    SENETAS CORPORATION LIMITED AGM – 22 NOVEMBER 2019 Chairman’s Address For personal use only It is now 10.30am, this is a properly constituted meeting and a quorum is present. I therefore declare the Annual General Meeting of Senetas Corporation Ltd open. I would like to welcome you today and thank y

  3. Slide 3: Chairman's Address (continued)

    SENETAS CORPORATION LIMITED AGM – 22 NOVEMBER 2019 • following from this the adoption by Thales of the Senetas high speed network encryption products (virtual and hardware) as its product line going forward; and For personal use only • the acceptance of Suredrop into the Thales product line. Senetas

  4. Slide 4: Senetas 2019 Annual General Meeting

    For personal use only Senetas Corporation Limited 2019 Annual General Meeting – 22 November 2019 © 2019 Senetas Corporation Slide 1

  5. Slide 5: CEO Presentation – Andrew Wilson

    For personal use only Senetas Corporation Limited 2019 Annual General Meeting – 22 November 2019 CEO Presentation – Andrew Wilson © 2019 Senetas Corporation Slide 2

  6. Slide 6: Senetas Strategic Plan

    SENETAS STRATEGIC PLAN For personal use only © 2019 Senetas Corporation Slide 3

  7. Slide 7: Our Strategy

    For personal use only OUR STRATEGY “ To be recognised globally as a trusted provider of high-assurance security solutions. Protection without compromising systems’ performance or user experience. ” © 2019 Senetas Corporation Slide 4

  8. Slide 8: Investment focus in key areas – driven by customer needs

    Investment focus in 4 key areas – driven by customer needs For personal use only Investment Areas Thought Products Technology Partnerships Leadership Value Created Broader Enhanced sales Serving addressable & distribution deeper market and through security customer customer-facing needs types partne

  9. Slide 9: Leverage high-assurance security capabilities to build a robust security portfolio

    Leverage high-assurance security capabilities to build a robust security portfolio For personal use only Strong Engineering Growing Security Products & Service Portfolio Foundation Content Disarm & Reconstruction (CDR) Started from a IR O technology market-leading V OT position in high- Secure file

  10. Slide 10: Enhanced market reach through global distribution partnership with Thales

    Enhanced market reach and sales capability through global distribution partnership with Thales For personal use only PRODUCT OTHER BRAND MARKET CAPABILITIES DEVELOPMENT SYNERGIES Global Serving Defense, 80,000 Integration of Co-branding Post Thales Government & Digital Security, employees Senetas an

  11. Slide 11: FY2019 Highlights

    FY2019 HIGHLIGHTS For personal use only © 2019 Senetas Corporation Slide 8

  12. Slide 12: FY2019 Highlights

    FY2019 Highlights • Revenue of $21.3m – up 12.3% on FY2018 – well ahead of industry growth, For personal use only driven by Increasing global awareness of cyber security concerns • Growth in both sales and maintenance revenue, with particularly good European sales • Revenue from Thales up 15.8% • Th

  13. Slide 13: Key Financials

    KEY FINANCIALS For personal use only © 2019 Senetas Corporation Slide 10

  14. Slide 14: FY2019 Key Financials

    FY2019 Key Financials For personal use only Full year ended 30 June 2019 ($000’s) FY2019 FY2018 Change Revenue from ordinary activities 21,313 18,971 12.3% Gross profit 16,694 15,414 8.3% Gross Margin % 78% 81% (3.7%) Other income 708 2,949 (76.0%) Profit before tax from ordinary activities 3,864 5,

  15. Slide 15: Reconciliation to underlying operating profit

    Reconciliation to underlying operating profit For personal use only Full year ended 30 June 2019 ($000’s) FY2019 FY2018 Profit before tax 320 4,438 − Loss on fair value through profit or loss investment 1,893 1,362 − Share of loss of associate 1,651 - − Non-recurring legal and other expenses 919 - −

  16. Slide 16: Strong Balance Sheet With No Debt

    Strong Balance Sheet With No Debt For personal use only NET ASSETS $000’s CASH & CASH EQUIVALENTS $000’s 23,258 20,848 24,081 20,091 21,483 17,860 19,734 18,526 15,902 13,093 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 © 2019 Senetas Corporation Slide 13

  17. Slide 17: Operational Update

    OPERATIONAL UPDATE For personal use only © 2019 Senetas Corporation Slide 14

  18. Slide 18: FY2020 Update

    FY2020 Update For personal use only • Thales acquisition of Gemalto has proceeded smoothly and we expect it will be an important driver of future sales growth – very strong global brand, expanded sales capability, potential for cross business unit opportunities within other Thales divisions • Thales

  19. Slide 19: Votiro Update

    Votiro Update For personal use only • US$2m second tranche of the investment in Votiro was paid in 2 instalments - US$1m in August 2019, and the balance of US$1m was paid in early November 2019 • The final tranche of US$2m is expected to be paid in 1H CY2020 • 7 new customer wins since July 2019 • F

  20. Slide 20: CEO Presentation – Andrew Wilson

    For personal use only CEO Presentation – Andrew Wilson © 2019 Senetas Corporation Slide 17

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