Megaport Ltd. · ASX:MP1
Megaport — Investor Presentation (May 2021)
24 slides from Megaport's investor presentation, May 19, 2021
Slide 1: Global Update Investor Presentation
For personal use only Global Update Investor Presentation FY20 2021 MAY FULL YEAR RESULTS Megaport Limited | ACN 607 301 959 | ASX: MP1
Slide 2: Important Information
Important Information For personal use only This presentation has been authorised by the Board of Megaport. Megaport Limited ACN 607 301 959 Nothing in this presentation should be construed as either an offer to sell or a All references to “$” are to Australian currency (AUD) unless otherwise noted.
Slide 3: About Megaport
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION About Megaport 3
Slide 4: The Leader in Network as a Service (NaaS)
ABOUT MEGAPORT The Leader in Network as a Service (NaaS) For personal use only Megaport’s Connectivity Model Traditional Connectivity Pricing Pay for what you use, no setup fees Expensive locked-in pricing model, expensive setup costs Speed Real-time provisioning (59 seconds) Long setup times (one w
Slide 5: Growing Global Network
ABOUT MEGAPORT Growing Global Network For personal use only North America EMEA Asia Pacific Group Countries 23 Cities 131 Installed 1 390 Enabled 2 741 Countries Cities Installed 1 Enabled 2 Countries Cities Installed 1 Enabled 2 Countries Cities Installed 1 Enabled 2 2 82 184 405 16 32 105 206 5 17
Slide 6: Connecting the Ecosystem
ABOUT MEGAPORT Connecting the Ecosystem For personal use only 102 Unique Data Megaport’s Unique 365+ Service 2,117 Customers Providers Centre Operators Value Proposition Scalable and on demand Multicloud connectivity Private and Secure Flexible Terms 6
Slide 7: The Network Effect
ABOUT MEGAPORT The Network Effect For personal use only Megaport Service Connections Ports Services 31 Dec 2017 31 Dec 2018 31 Dec 2019 31 Dec 2020 Service Connection Types 20% 19% 19% 25% Direct Public Cloud 51% 16% 16% 13% Internet Exchange 64% 65% 68% 24% Private Connection 7
Slide 8: Industry Growth Trends
ABOUT MEGAPORT Industry Growth Trends For personal use only Enterprise Cloud Service Spend (US$B) Enterprise Cloud Strategy 1000+ Employees 6% Multiple Public Multicloud Breakdown 6% 93% 1% 87% Hybrid Cloud Multicloud Single Public Single Private Total of: BPaaS, PaaS, SaaS, Cloud Management & Secur
Slide 9: Selection of Major Customers
ABOUT MEGAPORT Selection of Major Customers For personal use only 9
Slide 10: Unique Data Centre Operator Partners
ABOUT MEGAPORT 102 Unique Data Centre Operator Partners For personal use only Note: List of DCO partners as at 31 March 2021 10
Slide 11: Business Update
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION Business Update 11
Slide 12: 3Q FY21 Highlights
BUSINESS UPDATE 3Q FY21 Highlights1 For personal use only +8% +8% +4% Monthly Recurring Revenue 2 Annualised Revenue 3 Total Number of Customers $6.3M $6.8M $75.0M $81.0M 2,043 2,117 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 +5% +4% +1% Total Number of Ports Total Numbe
Slide 13: 3Q FY21 Snapshot
BUSINESS UPDATE 3Q FY21 Snapshot Improvement in Sales Momentum For personal use only Q3 was marked by an ● Customer and port additions increased in the 2nd half of 3Q FY21, and this has improvement in sales continued into 4Q momentum, with the strong sale pipeline now pointing to an ● New CRO Rodney
Slide 14: Highlights 3QFY21
BUSINESS UPDATE Highlights 3QFY21 For personal use only +3% +3% Leading Cloud Partners Cloud Onramps Total Enabled Data Centres 1 7 227 25 741 NEW TOTAL NEW TOTAL Cloud Regions Megaport Marketplace 120 365+ 1. Enabled Data Centres is the total of Installed Data Centres plus Extended Data Centres. Ex
Slide 15: Megaport Cloud Enablement
BUSINESS UPDATE Megaport Cloud Enablement For personal use only Available Cloud Regions 227 Onramps 3QFY21 +7 +3% - Asia Pacific (Sydney) - Australia East - UAE North - Asia Northeast1 (Japan) - APAC Sydney Total - Asia Pacific (Hong Kong) - Australia South East - US Gov Arizona - Asia Northeast2 (Osa
Slide 16: Customer Cohort Trends
BUSINESS UPDATE Customer Cohort Trends Average Services per Customer Average Monthly Revenue per Customer ($) For personal use only CAGR1 44% 43% 42% 48% 66% 50% CAGR1 39% 54% 60% 53% 70% 119% Average Services per Customer2 Average Revenue per Customer3 Customer spend increases over time as a result
Slide 17: Growth in Ports, Services, and Revenue
BUSINESS UPDATE Growth in Ports, Services, and Revenue For personal use only MRR growth impacted by movements in foreign exchange rates 3 1. Total Services comprises of Ports, Virtual Cross Connections (VXCs), Megaport Cloud Router (MCR), and Internet Exchange (IX) at period end. 2. Monthly Recurrin
Slide 18: Operating Leverage (month of December)
1HFY21 FINANCIAL PERFORMANCE Operating Leverage (month of December1) Group (A$ million) Margin Trends 1 For personal use only Revenue growth 81% 58% 73% 36% Group Profit after direct network cost 2 margin has continued to expand as MRR growth has outstripped growth in direct network costs Group EBITD
Slide 19: Innovation
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION Innovation 19
Slide 20: Platform Evolution
INNOVATION Platform Evolution 2014 2018 2020 For personal use only * IaaS = Infrastructure as a Service, PaaS = Platform as a Service, SaaS = Software as a Service, MSP = Managed Service Provider, NSP = Network Service Provider *MVE is under development with anticipated launch in 2QFY21 20
Slide 21: Megaport Connected Edge Model
INNOVATION Megaport Connected Edge Model For personal use only *under development with anticipated launch in 2QFY21 Agile networking methodology enabling end-to-end, on-demand connectivity 21
Slide 22: Megaport Virtual Edge Overview
INNOVATION Megaport Virtual Edge Overview For personal use only MVE will integrate Megaport’s platform with various networking technologies including SD-WAN Extends reach of Megaport platform Cisco SD-WAN first MVE use case Enables branch office connections API for future technology support Extends ent
Slide 23: Megaport Virtual Edge (MVE)
INNOVATION Megaport Virtual Edge (MVE) For personal use only MVE Platform Status “This collaboration ● MVE Launched March 31, 2021 with initial support for Cisco SD-WAN extends Cisco’s SD-WAN leadership, by offering an ● Fortinet partnership announced May 19, 2021 supporting Fortinet Secure SD-WAN e
Slide 24: Thank you
For personal use only Thank you ASX: MP1 On the Web megaport.com/investor megaport.com/media-centre Social /megaportnetworks @megaport @megaportnetwork Megaport Limited | ACN 607 301 959 | ASX: MP1