Iph Ltd. · ASX:IPH
Iph — Macquarie Australia Conference 2020
24 slides from Iph's conference presentation, May 7, 2020
Slide 1: ASX Announcement: Presentation to Macquarie Australia Conference
ASX Announcement For personal use only 7 May 2020 Presentation by Dr Andrew Blattman to the Macquarie Australia Conference 2020 Attached is a presentation to be given today by IPH’s Managing Director & CEO, Dr Andrew Blattman, to the Macquarie Australia Conference. For more information, please conta
Slide 2: IPH Limited Macquarie Australia Conference
For personal use only IPH Limited Macquarie Australia Conference 7 May 2020 Presented by: Dr. Andrew Blattman Managing Director / CEO, IPH Limited www.iphltd.com.au 1
Slide 3: Disclaimer
Disclaimer For personal use only This document has been prepared by IPH Limited (IPH) and comprises written No representation, warranty or assurance (express or implied) is given or materials/slides for a presentation concerning IPH. made by IPH that the forward looking statements contained in this
Slide 4: What we'll be covering today
Introduction What we’ll be covering today For personal use only 01 The IPH group 02 Covid-19 update 03 IPH financial position 04 IPH’s growth drivers 05 Operations update 06 Strategic priorities 2020 Macquarie Conference | www.iphltd.com.au 3
Slide 5: The IPH group
For personal use only 01 The IPH group 4
Slide 6: About IPH Limited
About IPH Limited Asia-Pacific’s leading IP professional services group For personal use only 1. Approximate employee numbers across the Group. 2. IPH Management estimate based on IP office filing information: Australia (IP Australia) – FY20 YTD Mar as at 15/04/20; Singapore (IPOS) – CY19 as at appr
Slide 7: Covid-19 update
For personal use only 02 update Covid-19 6
Slide 8: COVID-19 update: A resilient business in an uncertain time
COVID-19 update A resilient business in an uncertain time For personal use only Overall Observations and potential impacts • IPH is a resilient business and our business units have • IP offices remain open. In some of the smaller IP offices in SE Asia experience navigating previous economic downturn
Slide 9: Resilient business model
Resilient business model Recurring revenue and earnings stream For personal use only • A large proportion of the IPH group’s Typical (indicative) foreign patent application route in Australia revenue in Australia comes from PCT national phase patent applications. • The process from filing the Austra
Slide 10: Patent market trends
Patent market trends Patent market historically has shown resilience For personal use only Australian patent filings1 US PCT applications2 • GFC is the most relevant comparison to the current economic downturn • Best lead indicator for filings in secondary markets – • Based upon observations to date
Slide 11: IPH group global filings
IPH group global filings Filings through IPH entities or through external agents in all markets1 For personal use only Australian • IPH (as a group) is a significant patent market (FY19) global patent filer, both in our home markets as well as outgoing filings from ‘local’ clients into other global
Slide 12: IPH financial position
IPH financial For personal use only position 03 11
Slide 13: IPH remains in a strong financial position
IPH remains in a strong financial position Consistent cash generation and low capex For personal use only • Strong financial position with liquidity maintained Summary key financial metrics • IPH’s debt facilities do not mature until February 2022. As a prudent measure, the Company drew Key Metric $
Slide 14: FX shock absorber
FX shock absorber Decline in the A$/US$ exchange rate continues to benefit IPH For personal use only Earnings currency Balance sheet IPH currency profile SGD sensitivity sensitivity 17% • Based on the USD profile to 31 March 2020 in • The Group is also exposed to FX on the IPH Group, a 1c movement i
Slide 15: IPH's growth drivers
IPH’s growth For personal use only drivers 04 14
Slide 16: IPH's established Asia Pacific platform
IPH’s established Asia Pacific platform Existing platform across the Asia Pacific region continues to provide significant opportunities For personal use only China Hong Kong IPH has an established and substantial Asia Pacific Indonesia geographic platform with more than 20 years’ Malaysia experience
Slide 17: Asia – growth engine of the business
Asia – growth engine of the business Diversified portfolio helps protect against individual market fluctuations 26.5% For personal use only 30.0% • Excellent growth across most other Asian jurisdictions1 for HY20 • While still maintaining excellent growth we would expect some 42.3% moderation of the
Slide 18: Operations update
For personal use only 05 update Operations 17
Slide 19: Xenith IP integration on track
Xenith IP integration on track First stage of Watermark integration into Griffith Hack completed For personal use only Watermark integration into Griffith Hack Due to COVID-19 the businesses have undergone a virtual integration from 4 May with Watermark physical offices retained. Full integration, i
Slide 20: Strategic priorities
Strategic For personal use only priorities 06 19
Slide 21: Strategic direction
Strategic direction Continued focus on IPH’s growth strategy For personal use only 2020 Macquarie Conference | www.iphltd.com.au 20
Slide 22: Thank you
For personal use only Thank you 21
Slide 23: Asia Pacific's leading IP professional services group
Asia Pacific's leading IP For personal use only professional services group www.iphltd.com.au 22
Slide 24: For personal use only
For personal use only 23