Vista Group International Ltd · NZX:VGL
Vista Group International — Shareholder Meeting (May 2024)
30 slides from Vista Group International's shareholder meeting presentation, May 21, 2024
Slide 1: Annual Shareholder Meeting
For personal use only Annual Shareholder Meeting 21 May 2024
Slide 2: Important Notice
Important Notice For personal use only This presentation has been prepared by Vista Group International Limited and • although Vista Group’s management may indicate and believe the assumptions its related companies (collectively referred to as Vista Group). This notice underlying the forward-looking
Slide 3: Agenda
Agenda For personal use only 01 Introduction and Chair's Address Susan Peterson 02 CEO Address Stuart Dickinson 03 Resolutions 04 General Business 3
Slide 4: Chair's Address
For personal use only Chair’s Address 4
Slide 5: 2023 Progress
2023 Progress For personal use only § Successful CEO transition § Business transformation refocusing management § Cost out process yielding $10m of annualised costs savings § 2H23 Recurring Revenue1 continued to grow, now 36% above 2H19 § FCF2 positive ambition brought forward to 4Q24 § Accelerated
Slide 6: Financial Highlights
Financial Highlights • Strong client momentum For personal use only with new signings • Operating leverage improves with $10m of annualised cost savings • EBITDA3 expansion as business transformation completes • Recurring and SaaS Revenue1 growth 1. Recurring Revenue and SaaS Revenue are defined in
Slide 7: Governance: Board's priorities 2024/25
Governance For personal use only Board's priorities 2024/25 § SaaS platform transformation § Continuing to build the strength of our team § Management incentives aligning to Recurring Revenue1 and FCF2 § Sustainability and TCFD readiness § Increasing operational efficiency (4Q24 FCF2 positive) 1. Re
Slide 8: CEO Address
For personal use only CEO Address 8
Slide 9: 2023 – Setting the Stage
2023 – Setting the Stage For personal use only Transforming Delivering Cinema to deliver & Film momentum 9
Slide 10: Our Connected Future
Our Connected Future Unifying and globalising our business structure For personal use only From a company / product centric approach … Clients Companies Vista Cinema Veezi Media Numero TDS Flicks Powster MovieXchange Cinema EQ Mica Products Cinema Intelligence MaccsBox 10
Slide 11: Our Connected Future
Our Connected Future Our connected future Unifying and globalising our business structure For personal use only … to a client aligned business model Clients Film / Distribution Exhibition / Cinema Maccs Movio Cinema EQ Flicks Movio Research Vista Cloud Products Numero Vista Cinema MovieXchange Powst
Slide 12: Vista Group's vision for our digital ecosystem
For personal use only Vista Group’s vision is for our digital ecosystem to connect the film industry and power the moviegoer experience 12
Slide 13: Our Connected Ecosystem
Our Connected Ecosystem For personal use only
Slide 14: Film – Building on momentum
Film – Building on momentum For personal use only Increased global box office coverage § Numero’s global coverage increased by 2400 Theatres (+13%) Strong client growth across all solution offerings § +14% including International agreements with all 5 major studios 32 Distributors now using Mica § O
Slide 15: Cinema alignment to industry drivers
Cinema alignment to industry drivers Vista Group’s solutions enable clients to capture value For personal use only The movie Create memorable experiences and more with broader entertainment offerings Increase in revenue and Loyalty and Build audience engagement, drive incremental per admit engagemen
Slide 16: Our solutions
For personal use only Our solutions 16
Slide 17: Vista Cloud – The Proof Points
Vista Cloud – The Proof Points For personal use only 2023 Proving product-market fit 17
Slide 18: Vista Cloud – Clients are on the way
Vista Cloud – Clients are on the way For personal use only 18 18
Slide 19: United Cinemas embraces Loyalty and Movio Cinema EQ
United Cinemas embraces Loyalty and Movio Cinema EQ to streamline their Moviegoer Engagement For personal use only Then “What used to take 5, 6, 7 • Time consuming, inefficient hours every week, I can moviegoer communications setup now do in half an hour.” Now • High-quality moviegoer Location commu
Slide 20: NCG harnesses Head Office and Cinema Manager
NCG harnesses the strength of Head Office and Cinema Manager to achieve Operational Excellence For personal use only Then “I love how lightweight it is. • In need of enterprise software that Not having to worry about could scale with their growing circuit servers and maintenance; it’s a luxury.” Now
Slide 21: Vista Cloud – The Proof Points
Vista Cloud – The Proof Points For personal use only 2023 2024 2025 Proving product-market fit Proving delivery at scale Delivery at scale, at pace Watch this space… 21
Slide 22: Journey outcomes
Journey outcomes $300m+ For personal use only Dec 2023 4Q 2024 Dec 2025 100% Platform 1,600-2,400 Enterprise sites1 4,630 6,000+ (Digital or Cloud) ARR2 $126m $175m+ $300m+ EBITDA margin3 15%+ 25-30%+ Free cash flow4 Positive 50%+ Box office 5-7% (60-70% in influence cinema) 1 Managements estimate o
Slide 23: The business case for investing in Vista Group
The business case for investing in Vista Group A world leader in film and cinema technology For personal use only Increasing total Competitive advantage through addressable market 46% global market share in the as cloud transition brings a greater enterprise cinema market1 share of client technology
Slide 24: Resolutions
For personal use only Resolutions 24
Slide 25: Resolution: Auditor fees
Resolution 1 For personal use only That the Board is authorised to fix the fees and expenses of PricewaterhouseCoopers as auditors of Vista Group for the 2024 financial year. 25
Slide 26: Resolution: Re-elect Susan Peterson
Resolution 2 For personal use only That Susan Peterson be re-elected as a Director. 26
Slide 27: Resolution: Re-elect Murray Holdaway
Resolution 3 For personal use only That Murray Holdaway be re-elected as a Director. 27
Slide 28: Resolution: Re-elect Claudia Batten
Resolution 4 For personal use only That Claudia Batten be re-elected as a Director. 28
Slide 29: Questions
For personal use only Questions 29
Slide 30: Thank You
For personal use only Thank You
Vista Group International — Shareholder Meeting (May 2024) on 6ix