Swift Tv Limited · ASX:STV
Swift Tv — FY2024 Earnings Presentation
18 slides from Swift Tv's earnings presentation, Aug 30, 2024
Slide 1: FY24 Annual Results Presentation
FY24 Annual Results Presentation. Brian Mangano CEO Ryan Sofoulis CFO 30 August 2024
Slide 2: FY24 Financial Highlights
FY24 Financial Highlights. Swift Enterprise Group Subscription Access Revenue Cash EBITDA EBITDA Revenue sales Position $18.4m $2.4m $1.4m $14.5m CAGR $1.8m 65% 32% Strong results driven by trend toward higher margin products
Slide 3: We deliver
We deliver. Swift delivers truly customer-centric end-to-end solutions by transforming the Television from a passive entertainment device into an interactive experience at the heart of any community. The Swift Access device can take any TV beyond the “Smart” TV of today to the next level – “Smarter
Slide 4: Our products
Our products. Swift’s three E’s come to life with Swift Access across different managed communities Mining. & Create a resort style experience Powered by proprietary low bandwidth technology Easy-to-use content management system for site and company information Ability to interrupt viewing to delive
Slide 5: Current Plan
Current Plan. We have created a solid foundation to enable a new growth phase by developing new products and technology that opens new markets and provides significant efficiencies. International Launch Swift Access 11,000 Aged Care Swift Access New user interface and partnership with customer exper
Slide 6: Results summary
Results summary. Key points. $ millions FY24 FY23 % • EBITDA up 32% against prior corresponding period. Subscription Revenue 14.5 14.0 4% • Subscription revenue continues to increase through sales of Swift Access screen this has driven margin improvement due to lower direct cost of Project Revenue 3
Slide 7: Balance sheet
Balance sheet. $ millions FY24 FY23 Key points. Cash 1.8 2.1 • Cash balance stable at circa $2 million. Receivables 2.9 3.2 Inventory 1.0 1.5 • Reduction in Receivables and Inventory working capital lock up. Other current assets 0.7 0.6 • Stable current liability position. Total current assets 6.5 7
Slide 8: Cash flow summary
Cash flow summary. $ millions FY24 FY23 Key points. Cash receipts from operations 18.3 19.1 • $1.2 million cash generated from operations a 200% Cash payments for operations (17.7) (18.8) increase on FY23. Finance costs (0.8) (0.9) • $2.0 million cash generated from operations before interest Intere
Slide 9: Swift Access sales
Swift Access sales. Swift Access - Mining Swift Access - Aged Care Swift Access - Total CAGR: 47% CAGR: 349% CAGR: 65% CAGR 9,074 8,700 8,750 12,032 2,958 8,136 11,48911,539 2,7892,789 7,454 7,640 10,524 5,350 6,170 6,840 2,388 65% 7,805 8,185 7,156 6,434 3,803 5,492 3,903 545 351 264 316 100 142 We
Slide 10: Swift Access Australia
Swift Access Australia. Residential Aged Care Retirement Village Living In Home Care Driven by Care needs Driven by Lifestyle choices Driven by desire to remain at home Commonwealth Government Regulated State Government Regulated Commonwealth Government Funded Nursing Care and support is provided da
Slide 11: International Market opportunity
International Market The recently released Intergenerational Report forecasts that opportunity. by 2062, the number of people over the age of 65 is expected to more than double. The The global elderly care services market size was evaluated at US$1.1 trillion in 2022 and is number of people over sla
Slide 12: Swift benefits
Swift benefits. Internal Communications Resident Services Events, Menus, Events, etc. Integration with services, i.e., Summary Care Plans, invoicing, and additional services. External Connections Non-critical support Communication with Family & Housekeeping call function integration for non-critical
Slide 13: Achievements & Outlook FY25
Achievements & Grow subscription earnings Outlook. FY25 Large scale installation of Swift Access in Mining 7% of the market Release new Swift Access User Interface for Aged Care Margin improved driven by and Mining installation of Swift Access Seek further partnership opportunities in both Mining an
Slide 14: Our clients
Our clients. Mining. Market leaders with significant growth potential – site expansions and new sites. & Aged Care. A strong portfolio of Private and Not for Profit Providers. Also, with potential expansion into Retirement Living portfolio.
Slide 15: Why Invest
Why Invest. Swift is a Tech opportunity with an established customer base ✓ $2.4 million Enterprise EBITDA in Aged Care ✓ $15.0 million annualised Subscription Revenue and Mining ✓ Generating cash from operations ✓ Low market cap – 50% of Revenue ✓ Turn-around story ✓ Inhouse development team ✓ Aged
Slide 16: Corporate
Corporate. Capital Structure (ASX: SW1) Share price – 29 August 2024 1.5 cps Shares on issue 647 million Market Capitalisation $9.7 million Cash – 30 June 2024 $1.8 million Debt – 30 June 2024 $7.4 million Enterprise Value $15.3 million Board and Management Major Shareholders millions Charles Fear C
Slide 17: Important notices
Important notices. This document has been prepared by Swift Networks Group Limited (ACN 006 222 395) (Company) and is current at the date of this document. The information contained in this document is a summary only and does not purport to be all inclusive or to contain all the information that a p
Slide 18: Thank you
Thank you.