Iph Ltd. · ASX:IPH
Iph — Bell Potter Emerging Leaders Conference 2021
26 slides from Iph's conference presentation, Sep 14, 2021
Slide 1: Presentation to the Bell Potter Emerging Leaders Conference 2021
For personal use only 14 September 2021 Presentation by Dr Andrew Blattman to the Bell Potter Emerging Leaders Conference 2021 Attached is a presentation to be given today by IPH’s Managing Director & CEO, Dr Andrew Blattman, to the Bell Potter Emerging Leaders Conference. For more information, plea
Slide 2: Bell Potter Emerging Leaders Conference
For personal use only Bell Potter Emerging Leaders Conference Tuesday, 14 September 2021 Presented by: Dr. Andrew Blattman Managing Director & CEO, IPH Limited iphltd.com.au
Slide 3: Disclaimer
Disclaimer For personal use only This document has been prepared by IPH Limited (IPH) and comprises written materials/slides for a presentation concerning IPH. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, sell or other
Slide 4: About IPH
01 For personal use only About IPH www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 3
Slide 5: About the IPH Group
About the IPH Group 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 patent filing data: Australia (IP Australia) – FY21 as at 13/07/21; Singapore (IPOS) – CY21 YTD Jun (preliminary) as a
Slide 6: Realising our vision
Realising our vision To be the leading IP services group in secondary IP markets and adjacent areas of IP For personal use only • The IPH Group operates in eight secondary IP jurisdictions: Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, China and Hong Kong and services more than 2
Slide 7: FY21 financial results highlights
02 For personal use only FY21 financial results highlights www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 6
Slide 8: Strong results across key metrics
Strong results across key metrics Performance demonstrates the success of acquisitions and the power of the IPH network For personal use only Underlying EBITDA1 $124.3m 1% Like for like EBITDA2 10% Referrals from acquired companies into IPH Asia business3 25% Legacy Xenith EBITDA margin improvement4
Slide 9: Market update
03 For personal use only Market update www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 8
Slide 10: Patent market – Australia
Patent market – Australia Australian filings improved in second half with #1 market share position maintained For personal use only Australian patent IPH Group market share 45,000.00 45.0% 42,034 filings – market1 40,000.00 36,628 (excluding innovation patents)2 40.0% 36,415 36,310 36,408 38.1% • Au
Slide 11: Patent market – Singapore
Patent market – Singapore Strengthened #1 position – increasing market share For personal use only Singapore patent IPH Group 16,000 30.0% filings – market1 market share2 14,028 26.3% 14,000 13,117 25.0% 24.5% • Latest data for CY20 shows • Based on latest data for 1H CY21, 23.3% 11,611 23.0% 23.0%
Slide 12: IPH patent filings – Asia
IPH patent filings – Asia1 10.3% CAGR growth for China2 For personal use only 1000 • FY21 compares against a strong FY20 due to significant filings from one client across multiple jurisdictions. 900 (8.7%) (10.6%) • Removing the effect of this one client, 800 we have seen total growth across these k
Slide 13: Trade mark market – Australia
Trade mark market – Australia Maintained #1 position in a changing market – IPH filings up For personal use only Australian trade mark IPH Group 80,000 30.0% filings – market (excl. 70,000 69,242 market share3 Int’l Registrations)1 63,537 25.0% 58,156 58,319 58,734 • IPH trade mark filings in Austra
Slide 14: IP market trends
04 For personal use only IP market trends www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 13
Slide 15: Long-term Patent Demand Trends
Long-term Patent Demand Trends For personal use only What this means for IPH • This growth underpins the recurring revenue stream for IPH • Growth in primary IP markets feeds into secondary IP markets, where IPH is strongly established in Asia, and ideally positioned for further growth • IPH is well
Slide 16: Long-term Patent Demand Trends: China-US rivalry
Long-term Patent Demand Trends China-US rivalry For personal use only • China-US competition focussed on technology What this means for IPH • The Biden administration's focus on • US taking comprehensive containment measures technology is a positive for the for every component of the innovation ecos
Slide 17: Long-term Patent Demand Trends: technology dependence
Long-term Patent Demand Trends Increasing dependence on technology economically, socially and militarily For personal use only • Biggest tech companies in the world are US or Chinese • Increasing focus on protection of data, privacy • Competition not cooperation the focus for countries considering f
Slide 18: Delivering on our strategy
05 For personal use only Delivering on our strategy www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 17
Slide 19: Strategic direction
Strategic direction Focus on IPH’s growth strategy For personal use only Organic growth Consolidate acquisitions Growth step-outs Robust client management Expand service Focus on our Enablers programs focused on Targeted expansion offering to existing people – attract, delivering the highest across
Slide 20: Consolidate Acquisitions
Consolidate Acquisitions Griffith Hack and Watermark & AJ Park and Baldwins For personal use only • Delivered previously announced $2 million in synergies from the combined entity in FY21 Consolidate acquisitions Synergies • Synergies delivered through rental and right-sizing of business • Delivered
Slide 21: Consolidation: Spruson & Ferguson and Shelston IP to combine
Consolidation Spruson & Ferguson and Shelston IP to combine For personal use only Consolidate acquisitions • Spruson & Ferguson (Australia) and Shelstons IP to integrate under Spruson & Ferguson brand • Spruson & Ferguson to extend position as a leading brand in Australia • New firm to be led by Dav
Slide 22: For personal use only
For personal use only www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 21
Slide 23: Thank you
For personal use only Thank you iphltd.com.au www.iphltd.com.au
Slide 24: Appendix
06 For personal use only Appendix www.iphltd.com.au IPH presentation to Bell Potter Emerging Leaders 2021 23
Slide 25: Patent market trends
Patent market trends No discernible impact to long-term trends For personal use only Australian Patent Filings1 CAGR (FY06 to FY21) = 1.6% US PCT Applications2 CAGR (CY05 to CY20) = 1.5% CAGR Post-GFC (FY10 to FY21) = 2.6% CAGR Post-GFC (CY10 to CY20) = 2.7% 70,000.00 45,000 60,000.00 50,000.00 40,0
Slide 26: Patent lifecycle
Patent lifecycle Long-life cycle supports consistent revenues and earnings For personal use only Each year more than half+ of the total patent applications filed in Australia Typical (indicative) foreign patent route in Australia come through the PCT system in the form of PCT National Phase patent a