Slide 1: 1H FY2024 Financial Results
ORGANISED CONNECTED DATA 1H FY2024 FINANCIAL RESULTS | 26 February 2024 ORCODA LIMITED – 1H FY2024 FINANCIAL RESULTS 0
Slide 2: Important Notices & Disclaimer
IMPORTANT NOTICES & DISCLAIMER This presentation has been prepared by Orcoda Limited ACN 009 065 650 (“Orcoda”). The following material is for general information purposes only and should not be relied upon for the making of any investment decision. Any investment in Orcoda is subject to a number of
Slide 3: 1H FY24 Financial Highlights
1H FY24 FINANCIAL HIGHLIGHTS Record 1H FY24 results, with robust top line growth and improved profitability TOTAL INCOME UNDERLYING EBITDA NET PROFIT $14.5m $1.5m $0.6m +48% vs. 1H FY23 +394% +236% vs. 1H FY23 vs. 1H FY23 CUSTOMER RECEIPTS OPERATING CASHFLOW NET CASHFLOWS $15.9m $1.9m $0.5m +41% vs.
Slide 4: 1H FY24 Update
1H FY24 update Strong momentum across key divisions Transport Technology (previously ‘Healthcare and Transport Logistics’) TOTAL INCOME BY DIVISION ($M) • Software ‒ Successful implementation of large SaaS contracts with substantial recurring +48% revenue, incl. new contracts executed with: Mini-Tan
Slide 5: Profit and loss
Profit and loss Robust revenue growth and improvement in profitability 1H FY24 1H FY23 • Total income $14.5 million, up 48% from 1H FY23 $m $m % • Growth driven by positive momentum across Transport Revenue from operations 14.3 9.2 56% Technology and Infrastructure Services, as well as the Future Fl
Slide 6: Balance sheet
Balance sheet Healthy balance sheet with a net cash position 31-Dec-23 30-Jun-23 • Total assets increased by 30% since 31 December 2022, and 7% growth in net assets balance over the last reporting date $m $m ASSETS • Net cash position of $0.8 million consisting of: Cash and cash equivalents 5.0 4.5
Slide 7: Cashflow
Cashflow Positive 1H FY24 net cash flows, driven by strong operating performance 1H FY24 1H FY23 • $15.9 million in customer receipts, up 41% from 1H FY23, reflecting the strong growth in our businesses $m $m Operating Activities • $1.9 million positive operating cash flows, up 345% from 1H FY23, Re
Slide 8: Corporate Overview
ORGANISED CONNECTED DATA CORPORATE OVERVIEW ORCODA LIMITED – 1H FY2024 FINANCIAL RESULTS 7
Slide 9: Orcoda overview
Orcoda overview Orcoda is a vertically integrated, provider of smart transport and workforce technology solutions • Orcoda provides both software and hardware solutions, including contracting Key metrics services and maintenance to its growing list of diverse customers • Services are provided throug
Slide 10: Orcoda ecosystem
Orcoda ecosystem Responsible for installation Responsible for installation of of smart devices within smart devices in transport vehicles and connecting to infrastructure and connecting Orcoda software to Orcoda software Orcoda Transport Orcoda Booking System Management System Orcoda’s Vision: to be
Slide 11: Business structure
Business structure Orcoda operates through two divisions Transport Technology Infrastructure Services Software solutions Future Fleet Software solutions Betta Group Description • Provides fleet management and AI • Telematics provider, delivering • Provides workforce asset • Provides communication an
Slide 12: Systems / software - Orcoda's Transport Management System
Systems / software - Orcoda’s Transport Management System Delivers technical solutions for deliveries, collections, people and in-field transport operations Overview Key features • Orcoda’s Transport Management System delivers technical solutions for deliveries, collections, people and in-field tran
Slide 13: Systems / software - Orcoda's Booking System
Systems / software - Orcoda’s Booking System Connects the on-site management with contractors, sub-contractors, suppliers and internal workforce Overview Staff journey • Orcoda’s Booking System provides software that allows for the management of people, parcels and goods transportation, accommodatio
Slide 14: Infrastructure services – Future Fleet / Betta Group
Infrastructure services – Future Fleet / Betta Group Orcoda has made two complementary acquisitions which deliver its logistics offering Future Fleet The Betta Group • Future Fleet International is an Australian telematics provider, delivering advanced fleet and • The Betta Group installs / upgrades
Slide 15: Financial summary
Financial summary Orcoda has consistently delivered as seen through income growth, profitability and cashflow TOTAL INCOME ($M) UNDERLYING EBITDA ($M) 53% CAGR 30% CAGR 20.7 2.0 16.6 11.0 1.2 1.1 8.8 8.4 1.7 14.5 0.9 1.5 6.5 9.8 1.1 8.2 2.3 0.3 0.3 FY21A FY22A FY23A FY24A FY21A FY22A FY23A FY24A 1H
Slide 16: TransitCare - case study
TransitCare - case study The future of community transport • Improve fleet utilisation • Reduce costs Old model Technology platform New model OBJECTIVES • Improve reporting • Improve customer service Community transport • Optimised routes and scheduling Consolidates Individuals providers • Introduct
Slide 17: Corporate snapshot
Corporate snapshot Experienced leadership | Long-term shareholder support | Balance Sheet for growth Nicholas Johansen Geoffrey Jamieson Market information Non-Executive Chairman Managing Director Chair Audit Committee Member Audit Committee Partner Cozens Johansen Law Ex Merchant banker, 35+ years'