Smart Parking Limited · ASX:SPZ
Smart Parking — Emerging Company Conference December 2013
31 slides from Smart Parking's conference presentation, Dec 4, 2013
Slide 1: Emerging Company Conference December 2013
For personal use only Emerging Company Conference December 2013 Paul Gillespie: CEO
Slide 2: Smart Parking Overview
Smart Parking Overview For personal use only • Smart Parking (ASX: SPZ) is a world leader in the development and marketing of intelligent car parking solutions and Parking Management Services. • The technology business was established in 2003. The business developed a wireless in ground sensor that
Slide 3: Board
Board For personal use only • Paul Gillespie (Managing Director) • Appointed in January 2013. • Previously worked with Xerox UK – responsible for on-street and off street operations. • 10 years in the parking industry working with government, aviation, retail and property • Chris Morris (Chairman) •
Slide 4: Technology Business
For personal use only Technology Business Like having an attendant in every bay……
Slide 5: Technology business
Technology business For personal use only • World leader in development and marketing of intelligent end to end car parking solutions • Approx 30,000 parking spaces installed in the UK, Australia, New Zealand, Asia and the Middle East • Offers a range of solutions including guidance, car counting, i
Slide 6: Recent Technology Wins
Recent Technology Wins For personal use only • Waverley Council – Bondi Beach 883 bays, complete by December 24th 2013 • Rotorua Council NZ – 1,500 bays will be complete by December 1st 2013 • Westminster City Council phase 1 – 3,000 bays, complete by March 30th 2014 • Australian National University
Slide 7: Case Study: Westminster CC, UK
Case Study: Westminster CC, UK For personal use only The Challenge • Busy capital city centre borough with limited kerbside space across multiple use bays The Solution • Real time parking availability via a Smartphone app • Integration with cashless parking The Result • Improved customer experience
Slide 8: Case Study: Westminster CC, UK
Case Study: Westminster CC, UK For personal use only The Challenge • Busy capital city centre borough with limited kerbside space across multiple use bays The Solution • Real time parking availability via a Smartphone app • Integration with cashless parking The Result • Improved customer experience
Slide 9: Case Study: Waverley Council, Sydney, Australia
Case Study: Waverley Council, Sydney, Australia For personal use only The Challenge • Most densely populated authority in Australia with high vehicle ownership • Home to Bondi Beach…! • Thousands of cars, millions of visitors The Solution • Real time data and guidance systems The Result • Optimising
Slide 10: Case Study: Birmingham City Council, UK
Case Study: Birmingham City Council, UK For personal use only The Challenge • Management of city centre loading bays The Solution • Real time parking availability via a Smartphone app • Working closely with local businesses to establish better use of kerbside space • Urban traffic management system
Slide 11: Case Study: Birmingham City Council, UK
Case Study: Birmingham City Council, UK For personal use only The Challenge • Management of city centre loading bays The Solution • Real time parking availability via a Smartphone app • Working closely with local businesses to establish better use of kerbside space • Urban traffic management system
Slide 12: The Journey...
For personal use only - - The Journey... - 12
Slide 13: Where Now?
Where Now? For personal use only • RFID enabled sensor technology • Resident and disability schemes • Pre-booked loading bays • Account based cashless payments and e- wallet interface • Remote two way communications • Variable tariffs (location, capacity or season) • Parking times and bay types • Pa
Slide 14: RFID (Radio Frequency Identification)
RFID (Radio Frequency Identification) For personal use only • The intelligent RFID system can identify a specific driver or class of driver to a parking location and monitor and record parking details. This means that parking permit holders including residents, relevant employees and loading users c
Slide 15: RFID: How does it work?
RFID: How does it work? For personal use only • Activated sensor “talks” to the RFID tag in the car and communicates driver data to server. • If the car is a permitted user, e.g. a resident, disabled parker, business user, the parking account associated with the tag is debited (similar to e-tag for
Slide 16: RFID – where can I use it?
RFID – where can I use it? For personal use only Applications and opportunity to use RFID with sensors: • On street parking – park and walk, no payment required • Interface with E-Tag • Residents parking – RFID tag becomes the permit • Disabled drivers tag – stops disabled parking bay abuse • Hospit
Slide 17: Financials and Market Opportunity
For personal use only Financials and Market Opportunity Paul Gillespie: CEO
Slide 18: Core Businesses
Core Businesses For personal use only Financials FY13 Technology Parking Management Revenue: $1.8m Revenue: $19.2m EBITDA: ($1.6m) EBITDA $0.1m • Enforcement • Management fees systems • Civil Penalty • Guidance systems Income • RFID solutions • Pay & Display • ANPR Income • Car Counting • Marshallin
Slide 19: Capital Structure
Capital Structure For personal use only Shares on Issue 208,308,602 Current Market Capitalisation $54.2M ($0.26 @ 28 Nov) • 36% (74,175,229) of shares held by the Board and Management. 19
Slide 20: Market opportunity - Technology
Market opportunity - Technology For personal use only “The global market for smart parking systems in 2013 is expected to be worth $60.0 million. Navigant Research projects annual revenue will grow to $356.5 million by 2020, representing a compound annual growth rate (CAGR) of 29.0%. On a cumulative
Slide 21: Market Opportunity: London
Market Opportunity: London For personal use only • Recent Westminster win, entry to the London market: • London Parking Stats: • In London alone there are 32 individual boroughs with 12 of them classed as inner city boroughs – Westminster being one of these • There are 3 million on street parking sp
Slide 22: Market opportunity - Technology
Market opportunity - Technology For personal use only 22
Slide 23: Parking Management Services Business
For personal use only Parking Management Services Business Paul Gillespie: CEO
Slide 24: The Parking management business
The Parking management business For personal use only • Leading provider of management solutions across non-municipal sectors. • Manage in excess of 1,000 sites across the UK. • Large established client base • Asda • Sainsbury • Coop • Leased sites • Since acquisition the focus has been on restructu
Slide 25: Parking Management Sales Activity
Parking Management Sales Activity For personal use only • Targeting new vertical markets including transport, government and health. Clients include: Transport for London & Oxfordshire NHS Trust • Developed direct management services sales pipeline • Parking Management sales pipeline currently $6m •
Slide 26: Operations
Operations For personal use only • Creating a target driven environment focused on yield management, cost reduction and revenue increase • Continued focus on costs, overheads reduced by 35% compared to FY11/12 • Outsourced cash collection to reduce risk and deliver operational efficiencies • Outsour
Slide 27: Clients
Clients For personal use only • Retained three major client contracts as a result of competitive tender and benchmarking exercises – ASDA, Co-Op and Sainsbury • Continued to focus on retaining clients by improving service and introducing new innovative technology • Completed client profitability ana
Slide 28: Recent Parking Management Wins
Recent Parking Management Wins For personal use only • Edinburgh College enforcement management contract • Co-op conversions and new sites – ANPR installations & managed services • Hayes Matalan – ANPR installation and managed service • Leyton Leisure – managed service contract 28
Slide 29: Questions
For personal use only Questions 29
Slide 30: Contact
Contact For personal use only • Paul Gillespie - CEO • + 61 408 790 710 • paul.gillespie@smartparking.com • Richard Ludbrook - CFO • + 64 275 543 661 • richard.ludbrook@smartparking.com • Web: www.smartparking.com 30
Slide 31: Disclaimer
Disclaimer For personal use only Summary information The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Smart Parking Ltd (Smart Parking), including by its respective employees, agents or consu
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