Comms Group Ltd · ASX:CCG
Comms — Investor Presentation (February 2022)
24 slides from Comms's investor presentation, Feb 15, 2022
Slide 1: Company Presentation to Bell Potter
For personal use only Company Presentation to Bell Potter 15 February 2022 COMMS GROUP LIMITED (ASX: CCG) https://commsgroup.limited COMMS 1 GROUP | 1 This d ocum e nt ha s b e e n a p p rove d b y the B oa rd of C om m s G roup Ltd
Slide 2: Agenda
For personal use only Agenda Company overview 3 Financial metrics 12 Strategy and outlook 15 Glossary 19 COMMS GROUP | 2
Slide 3: Company Overview
For personal use only Company Overview COMMS GROUP | 3
Slide 4: Presenting today - CEO & CFO Bios
Presenting today - CEO & CFO Bios For personal use only Mr Peter McGrath Mr Matthew Beale CEO and Managing Director Chief Financial Officer Matthew is a qualified Chartered Accountant with Peter’s business career spans 30 years in broad corporate accounting and finance experience. telecommunications
Slide 5: Comms Group at a glance
Comms Group at a glance For personal use only A leading B2B provider of cloud communications (UCaaS) and IT services to businesses We service our customers via three key divisions Voice Services Our goal is to enhance business Data Services agility through Telco services Specialist UCaaS1 Leading IC
Slide 6: Market Data
Market Data For personal use only CCG.ASX Share Price (AUD) $0.124 $0.114 $0.104 Share price1 $0.107 $0.094 Market Capitalisation1 $39.5m $0.084 $0.074 Net debt 2 $5.9m $0.064 $0.054 Enterprise Value $45.4m $0.044 $0.034 $0.024 May-20 Aug-20 Jul-19 Sep-20 Oct-20 May-21 Nov-19 Aug-21 Sep-21 Jul-20 Oc
Slide 7: Key timeline of events
Key timeline of events For personal use only August 2020 • Expands global MS Teams calling network to China, Philippines, Tokyo, the US and December 2020 August 2021 September 2021 Europe • Acquisition of SME telco • Acquisition of leading • Partnership with SME telco provider Switched On, building
Slide 8: Products & Services Overview
Products & Services Overview For personal use only A highly focused B2B telco with a full ICT product suite and leading position as a global unified communications provider Domestically to the SME/Corporate sector (Up to 1,000 employees) Voice services Data services Unified Comms Solutions Managed I
Slide 9: Leading global Microsoft Teams calling provider
Leading global Microsoft Teams calling provider For personal use only Comms Group provides a world leading international calling experience Comms Group has added a number of key products to its key Unified Communications offering, including: 1 Contact Centre for Microsoft Teams Native contact centre
Slide 10: Comms Group Global Network
For personal use only Comms Group Global Network CommsChoice is a leader in Microsoft Teams calling for COMMS CHOICE WORLDWIDE NETWORK global businesses. Extensive international network with the most extensive Asia Pacific coverage. Recently completed expansions into China, Japan, Philippines, HK an
Slide 11: OnPlatinum acquisition – entering IT services market
For personal use only OnPlatinum acquisition – entering IT services market Acquires a leading provider of Extends Comms Group’s Adds ~$16m in total group ICT1 services with a high- product offering, broadening revenue, a ~45% increase on quality customer base product set into the IT services current
Slide 12: Strategic Rationale
For personal use only Strategic Rationale Consistent with the Company’s strategy of pursuing near term accretive acquisition opportunities Expansion of domestic Transformational Extension of service Consistent with M&A footprint acquisition offerings strategy • Provides access to • Adds ~$16m in tot
Slide 13: onPlatinum business overview
onPlatinum business overview For personal use only Trading via the onPlatinum and Tango Technology businesses • A strong reputation for quality, expertise and innovation • An award-winning business with a demonstrated history of sustainable growth Managed services Cloud services Domestically to the
Slide 14: onPlatinum partners with industry leaders
onPlatinum partners with industry leaders For personal use only A client base that has grown to ~500 clients with 7500 end-points globally, since 2012 One of just 14 Australian businesses authorised and approved by Microsoft to build third party hosted solutions privately COMMS GROUP | 14
Slide 15: Financial metrics
For personal use only Financial metrics COMMS GROUP | 15
Slide 16: Key financial highlights
Key financial highlights For personal use only Increased scale and continued profit growth FY21 Revenue FY21 EBITDA1 FY 21 Gross Profit FY21 Gross Margin Up 30% Up 20% Up 23% 49% YoY growth to $25.2m YoY growth to $3.2m YoY growth to $11.4m Up from 47% YoY2 Annualised revenue3 Annualised EBITDA1,3 e
Slide 17: A demonstrated history of performance
A demonstrated history of performance For personal use only Revenue Underlying EBITDA2 $7.0m + $50.0m + 119% 98% $25.2m $3.2m 31% $21.0m -8% $2.5m 28% $19.3m 317% $0.6m FY19 FY20 FY21 Pro Forma FY All FY19 FY20 FY21 Pro Forma FY All Businesses 1 Businesses1 Strong revenue growth with high gross marg
Slide 18: A diversified revenue stream
A diversified revenue stream For personal use only Revenue by service type (in $million) $25m $4.9m $20m $2.3m $5.5m $15m $4.2m $10m $14.7m $12.6m $5m $0m FY20 FY21 Voice (2) Data Managed Services 2 Including UCaaS and Cloud PBX - Teams Calling UCaaS MRR has increased >100% Year on Year COMMS GROUP
Slide 19: Strategy and Outlook
For personal use only Strategy and Outlook COMMS GROUP | 19
Slide 20: Comms Group strategic imperatives
Comms Group strategic imperatives For personal use only Extend our services in Become a key UCaaS Grow to scale Expand domestically the corporate mid- provider throughout organically and via to become a national market sector with a the APAC region and acquisitions to over provider full ICT service
Slide 21: Board
Board For personal use only John Mackay Peter McGrath Ben Jennings Claire Bibby Ryan O’Hare Independent Non- CEO and Managing Non-Executive Non-Executive Independent Non- Executive Chairman Director Director Director Executive Director Over 15 years’ experience Peter’s business career Ben has spent
Slide 22: Glossary
Glossary For personal use only Term Definition Cloud Communications The provision of key communications services from cloud servers based in data centres and over high speed internet connections. Cloud PBX, Cloud Phone, A cloud PBX functions the same as an in office PABX but is hosted in a cloud ser
Slide 23: Disclaimer
For personal use only Disclaimer The material in this presentation is a summary of Comms Group Ltd’s (CCG) Due care and consideration should be undertaken when considering and analysing activities and results, and is current at the date of preparation, 15 Feb 2022. Further CCG’s financial performanc
Slide 24: For personal use only
For personal use only COMMS GROUP | 24 COMMS GROUP LIMITED (ASX: CCG) This d ocum e nt ha s b e e n a p p rove d b y the B oa rd of D ire ctors