Slide 1: Full Year Results 2022
For personal use only Full Year Results. 2022. 25 August 2022 Authorised for release by the board of directors of Macquarie Telecom Group Limited
Slide 2: Macquarie Telecom Group
For personal use only Macquarie Telecom Group
Slide 3: Key Business Highlights
33 Key Business Highlights. For personal use only Revenue EBITDA NPAT EPS $309.3m $88.4m $8.5m 39.3 cents ps ● Revenue now exceeds $300m, a significant ● Macquarie Data Centres has completed the milestone for the Group. billing ramp up for its IC3 East hyperscale customer for approximately 10MW of I
Slide 4: Business Highlights Summary
4 Macquarie Cloud Services Macquarie Government ● Microsoft’s fastest growing Azure Managed Service Partner ● Continued strong demand for our cyber security services and delivery reputation driving new revenue growth ● The only Microsoft Partner to hold Azure Expert MSP status and For personal use o
Slide 5: A Differentiated Offering
For personal use only A Differentiated Offering. Macquarie Telecom Group | Full Year Results 2022
Slide 6: Company purpose and recognition
6 Company purpose. Recognition Our continued focus on providing a great For personal use only To make a difference in markets customer experience is core to our service that are under served and offering and differentiation. overcharged. At the 2020 World Communication Awards in London we won the aw
Slide 7: Quality Infrastructure
For personal use only Quality Infrastructure. Macquarie Telecom Group
Slide 8: Data Centre Portfolio
Data Centre Portfolio. For personal use only Intellicentre 1 Intellicentre 2 Intellicentre 3 East Intellicentre 4 Bunker, Intellicentre 5 South Sydney CBD Macquarie Park Macquarie Park Canberra Bunker, Canberra Macquarie Data Centres’ projected total IT load is 54MW comprising of: – Macquarie Park D
Slide 9: Macquarie Park Data Centre Campus
9 Macquarie Park Data Centre Campus. For personal use only ● IC3 East hyperscale customer now fully billing ● Pleasingly we are able to increase the total IT Load capacity of IC3E by approximately1MW independent of the IC3 Super West build. We will invest to realise this opportunity in 2H FY23. This
Slide 10: Private cloud drives data centre utilisation and higher revenue per rack
Our private cloud continues to be a key source of data centre utilisation and generates higher revenue per rack. For personal use only Underlying infrastructure anonymised as we sell outcome focused solutions External External Colo Colo Cloud Services & Government’s Hybrid IT managed services delive
Slide 11: Financials
For personal use only Financials. Macquarie Telecom Group | Full Year Results 2022
Slide 12: Financial Results
12 Financial Results. $m FY20 FY21 FY22 FY21 v FY22 % change For personal use only Revenue Cloud Services & Government 108.4 131.5 157.2 25.7 19.6% Data Centres 35.2 38.7 49.5 10.8 27.8% Telecom 139.6 135.1 127.3 (7.8) -5.8% Inter-Segment (17.0) (20.2) (24.7) (4.5) 22.2% Total Revenue 266.2 285.1 30
Slide 13: Group Financial Performance
13 Group Financial Performance. For personal use only Group Revenue ($m) Group EBITDA ($m) 309.3 88.4 285.1 266.2 73.7 65.2 FY20 FY21 FY22 FY20 FY21 FY22 • Over the last 3 years: – Revenue CAGR of 7.8% – EBITDA CAGR of 16.4% • EBITDA margin 28.6% in FY22 Macquarie Telecom Group | Full Year Results 2
Slide 14: Financial Performance – Cloud Services & Government
14 Financial Performance – Cloud Services & Government For personal use only Cloud Services and Government Cloud Services and Government Revenue ($m) EBITDA ($m) 42.3 157.2 36.4 131.6 29.2 108.3 FY20 FY21 FY22 FY20 FY21 FY22 • Over the last 3 years: – Revenue CAGR of 20.5% – EBITDA CAGR of 20.4% • E
Slide 15: Financial Performance – Data Centres
15 Financial Performance – Data Centres For personal use only Data Centres Revenue ($m) Data Centres EBITDA ($m) 27.1 49.5 38.7 18.9 35.3 16.9 FY20 FY21 FY22 FY20 FY21 FY22 • Over the last 3 years: – Revenue CAGR of 18.4% – EBITDA CAGR of 26.6% • EBITDA margin 54.7% in FY22 • Data Centres was a new
Slide 16: Financial Performance – Telecom
16 Financial Performance – Telecom For personal use only Telecom Revenue ($m) Telecom EBITDA ($m) 139.6 135.1 127.3 19.1 18.5 18.9 FY20 FY21 FY22 FY20 FY21 FY22 • Over the last 3 years: – Revenue CAGR of (4.5)% – EBITDA CAGR of (0.5)% • EBITDA margin 14.8% in FY22 Macquarie Telecom Group | Full Year
Slide 17: Growth, Customer Growth and Maintenance Capex
17 Growth Capex. Customer Growth Maintenance Capex. Capex. For personal use only ● Growth Capex is for the building of ● Customer Growth Capex is for ● Most of the remaining Capex is new data centre capacity, additional cabling, racks, servers infrastructure refresh and increased power supply, new &
Slide 18: Balance Sheet & Cash Flows
18 18 Balance Sheet & Cash Flows. ● Cash and cash equivalents of $3.0m. The $m FY21 FY22 For personal use only undrawn debt facility amounts to $64m which allows us to pursue growth initiatives. Cash & Cash Equivalents 19.8 3.0 Other Current Assets 73.5 59.0 ● FY22 capital spend of $98.5m Non Curren
Slide 19: Outlook
19 Outlook. For personal use only ● The Company’s EBITDA will continue to grow in FY23. Due to investments being made in Data Centres and Cloud Services & Government in the 1H FY23, EBITDA will grow in 2H FY23. ● Expected EBITDA for the Data Centres business in FY23 is between $31 to $33 million. ●
Slide 20: Outlook
20 Outlook. For personal use only ● State Significant Development Application submitted for IC3 Super West. We expect to receive DA approval in late calendar year 2022 to mid-calendar year 2023 and construction to be completed 18 to 24 months later. ● Depreciation and amortisation for FY23 is expect
Slide 21: Outlook
21 Outlook. For personal use only ● The Company plans to make further investment in growth and customer growth capex during FY23. Total capex is expected to be between $76 to $80 million consisting of: – Growth Capex - $37 to $39 million – Customer Growth - $23 to $24 million – Maintenance Capex - $