Terago Inc. · TSX:TGO
Terago — FY2022 Earnings Presentation
9 slides from Terago's earnings presentation, Mar 16, 2023
Slide 1: Q4 and FY 2022 Earnings Conference Call
Q4 and FY 2022 Earnings Confe re nce Call March 16, 2023 Networking and Core Infrastructure Solutions for Canadian Busine sse s
Slide 2: Forward-Looking Information
Forward-Looking Information 2 This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All
Slide 3: Non-GAAP Measures
Non-GAAP Measures 3 Adjusted EBITDA ARPU The term “ARPU” refers to the Company’s average revenue per customer per month in the period. The The term “EBITDA” refers to earnings before deducting interest, taxes, depreciation and amortization. The Company believes that ARPU is useful supplemental infor
Slide 4: Philip Jones, Chief Financial Officer
4 Philip Jones Chief Financial Officer
Slide 5: Connectivity
2014 Connectivity All $ figures in CAD millions Q4 2021 Q1 2022 $6.5 $6.4 Q2 2022 $6.6 Q3 2022 $6.6 Connectivity Revenue Q4 2022 $6.3 5
Slide 6: Key Operating Metrics
Key Operating Metrics 6 Backlog Monthly Recurring Revenue ($) Average Revenue Per User ($) Churn Rate (%) Connectivity $178,948 Connectivity Connectivity $138,893 $133,436 $126,631 $110,481 $1,043 $1,061 $1,118 $1,099 $1,063 0.7% 0.9% 0.9% 0.7% 0.7% Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q4'21 Q1'22 Q2'22 Q3
Slide 7: Full Year 2022 Financial Highlights
Full Year 2022 Financial Highlights 7 Total Revenue ($ millions) $43.3 $27.6 FY'21 FY'22 20.00 20.00 18.00 Net Loss ($ millions) 18.00 Adjusted EBITDA ($ millions) 16.00 16.00 $15.2 14.00 14.00 $12.0 12.00 $11.6 12.00 10.00 10.00 8.00 8.00 6.00 6.00 $4.1 4.00 4.00 2.00 2.00 0.00 0.00 FY'21 FY'22 FY'
Slide 8: Capital Expenditures & Liquidity
Capital Expenditures & Liquidity 8 Capital Q4'21 Expenditures Q1'22 ($ millions) Q2'22 Q3'22 Q4'22 Balance Sheet at December 31, 2022 ($ millions) 7 30.0% 23.1% 24.2% 6 28.2% 25.0% 5 20.0% 4 14.1% 12.6% 15.0% 3 Cash and cash equivalents $6.2 $1.8 $1.9 10.0% 2 $1.3 $1.5 $0.9 1 5.0% Short-Term Investm
Slide 9: Connectivity Powering Change
CONNECTIVITY POWERING CHANGE TERAGO))