Mcs Services Limited · ASX:MSG
Mcs Services — Investor Presentation (June 2018)
12 slides from Mcs Services's investor presentation, Jun 5, 2018
Slide 1: Shareholder Conversation
eet ee | td Shareholder Conversation | b Exceeding Client Expectations
Slide 2: Disclaimer
Disclaimer This Document should not be considered as an offer or invitation to subscribe for or purchase and securities in MCS Services Limited (“MCS”) or as and inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in MCS should be ente
Slide 3: Summary
Summary Corporate Snapshot Operations Retail, Stadia and Events uniformed security ASX Code MSG Covert, Healthcare, Education, Tourism Share Price $0.022 (29/05/18) Long term contracts with blue chip clients Number of shares on Issue 189 million High proportion of recurring revenue Market Capitalisa
Slide 4: Strategy
Strategy Customers Exceed client expectations, meet all deliverables Retain / expand existing work Growth: Organic: Increased tendering activity to expand client base Acquisitions: For entry into new locations, markets and adjacencies Innovation: To differentiate our customer proposition Financial R
Slide 5: Key Strengths
Key Strengths Board and Management: • Strategic focus, return to shareholders Differentiation: • Enduring relationships built on delivery, trust, quality, management. Capabilities: • Large scale on-line rostering, recruitment, mobilisation and supervision to meet deliverables; • Able to apply capabi
Slide 6: History
History June 2005: • Established by Paul Simmons 2005-2015: Growth and Retention: • Lendlease (since 2008), Perron Group (since 2008), AMP (since 2010), Charter Hall (since 2011), Vicinity (since 2007), CBRE, Colliers, Jones Lang LaSalle, Savills October 2015: ASX-listed: • Merger of MCS Security (p
Slide 7: FY17/18 Overview: 1
FY17/18 Overview : 1 Growth: Business Development BDM appointments: early FY17/18; • New work and increased volumes across various segments; • Won covert work in WA for major national retailer. Roll-out opportunity potential • Strategic review of South Australia. Elected not to continue Perth Stadiu
Slide 8: FY17/18 Overview: 2
FY17/18 Overview : 2 Revenue: Full year revenue tracking at $18-19m Profitabiity: 1st HY1: Operating EBITDA loss $293k • GP Margin affected by transition to SSSWA work and Stadium – training shifts, uniforms etc – and seasonality • Overhead growth: • office wage growth • Investment in ISO / OHS proc
Slide 9: FY17/18 Overview: 3
FY17/18 Overview : 3 Debt: • No external debt, opportunity to leverage for growth • $300k Related Party loan only Share Buy Back • Bought back 18m shares for 0.3cps, a significant discount to the share price • Intiga legacy issue considered resolved Shareholders • DRP take up • Top 10 shareholders s
Slide 10: FY18/19 Growth Opportunities
FY18/19 Growth Opportunities Existing Clients • Benefit from full year of Perth Stadium (Stadia) and Vicinity (Retail) • Also a large Retail contract, a new Centre under construction, Western Force, Events Acquisitions • Must meet strategic focus + share price accretive • Consider opportunities in o
Slide 11: Outlook
Outlook To strategically and vigorously pursue opportunities: • existing clients; • new security-service markets; • new locations; • adjacent sectors, to leverage core competencies; • to leverage ISO compliance (once certified) The journey has only just begun
Slide 12: Contact Details
Contact Details: Chief Executive Officer: Paul Simmons Chief Financial Officer: Mark Englebert Tel (08) 9 301 2420