Enero Group Limited · ASX:EGG
Enero — Photon Group — FY2006 Earnings Presentation
9 slides from Enero's earnings presentation, Aug 23, 2006
Slide 1: Photon Group Limited 2006 Annual Results
Photon Group Limited 2006 Annual Results 1 Overview 2 Results Summary 3 Statement of Financial Performance 4 Balance Sheet 5 2006 Year in Review 6 Acquisitions During Year 7 Photon Pillars 8 Diversity by Pillar and Company 9 Diversification by Sector 10 Diversity by Client 11 2006 Revenue and EBITDA
Slide 2: Overview and Results Summary
Overview Net Revenue increased 55% to $126 million and EBITDA was up 56% to $28.1 million. EPS (adjusted for amortisation) increased from 17.8 cents in 2005 to 26.6 cents in 2006. Acquisition of a further 7 companies during 2006, further diversifying revenue and earnings. Photon is not dependant on
Slide 3: Statement of Financial Performance
Statement of Financial Performance Audited IFRS Statement of Financial Performance 2004 2005 Change 2006 Change Year Ended 30 June Actual Actual 04-05 Actual 05-06 $m $m % $m % Revenue (Net) 34,335 80,955 136% 125,621 55% EBITDA 5,594 17,989 222% 28,061 56% Depreciation 577 1,743 202% 3,126 79% Amor
Slide 4: Balance Sheet and 2006 Year in Review
Balance Sheet $m $m Cash 11,734 Working Capital 5,925 Other Assets 11,560 Fixed Assets @ WDV 11,445 Intangibles: Goodwill 165,926 Identifiable Intangibles @ WDV 11,716 Total Assets 218,306 Provisions 15,720 Deferred Payments (PV): Current 16,080 Non-Current 20,010 Borrowings: Bank 58,995 Finance Lea
Slide 5: Acquisitions During Year and Photon Pillars
Acquisitions During Year Kaleidoscope Sales Promotions July 05 Republicorp Content Development August 05 Media Zoo Digital Marketing August 05 Counterpoint Sales & Field Marketing October 05 See Advertising/Brand Comms. February 06 Creo Financial Comms. March 06 Demonstration Plus Field Marketing Ap
Slide 6: Diversity by Marketing Service and Company
Diversity by Marketing Service and Company Business Digital, Sales and Mass Specialised Intelligence Interactive Presence Communication Communication and Internet Marketing Services The Leading Edge Returnity The Bailey Group Love Bellamyhayden Jigsaw Legion Interactive Orchard National AdPartners I
Slide 7: Diversification by Client and Revenue/EBITDA by Pillar
Diversification by Client Photon Revenue Client Relationships $ (’000) % Total Revenue Bank 2 5,346 4.24% Alcohol/Beverage 4 4,345 3.47% Pharmaceutical 4 3,729 2.98% Fast Food 2 3,279 2.62% Telecommunication 3 3,562 2.84% Top 10 30,356 24.2% Top 20 49,968 39.9% Photon Group Limited 2006 Annual Resul
Slide 8: 2007 Budget by Pillar and The Media Revolution
2007 Budget by Pillar Revenue EBITDA Business Business Intelligence 14% Specialised Marketing 12% Intelligence 16% Specialised Marketing 14% Digital, Digital, Interactive & Interactive & Internet 20% Internet 19% Mass Mass Communication 26% Communication 28% Sales and Sales and Presence Marketing 26
Slide 9: Outlook
Outlook The first two months trading is very strong. Due to organic growth and recently announced acquisitions, we are budgeting revenue of approximately $200m and EBITDA in excess of $40m (up 43%). We continue to explore further acquisitions in a disciplined manner that have growth prospects and ca