FINEOS Corporation Holdings Plc · ASX:FCL
FINEOS — Shareholder Meeting (November 2020)
14 slides from FINEOS's shareholder meeting presentation, Nov 4, 2020
Slide 1: FINEOS 2020 Annual General Meeting – Chairman's Address
FINEOS Corporation Holdings Plc 2020 Annual General Meeting 4th November 2020 For personal use only Chairman’s Address Good morning or good evening ladies and gentlemen, depending on where you are dialing in from today. My name is Anne O’ Driscoll and I am Chairman of FINEOS Corporation Holdings Plc
Slide 2: CEO address and presentation
CEO address and presentation Thank you, Anne. I would also like to welcome everyone present on the webcast today. For personal use only Like many companies worldwide, this past year has been a challenging one adapting to new ways of working and engaging with clients and prospects. The pandemic has n
Slide 3: CEO address continued: outlook and summary
We do expect however in the new year to have a clearer view on the impact of these factors on the FY21 outlook and we will keep the market updated accordingly. Similarly, Limelight’s client budgets are experiencing some cutbacks which has led to a lower than For personal use only previously anticipa
Slide 4: Annual General Meeting
For personal use only Annual General Meeting Anne O’ Driscoll, Chairman Michael Kelly, CEO 4 November 2020 © FINEOS CORPORATION
Slide 5: Chairman's Address
01 Chairman’s Address For personal use only © FINEOS CORPORATION
Slide 6: CEO Address & Trading Update
02 For personal use only CEO Address & Trading Update © FINEOS CORPORATION
Slide 7: FY20 Operational Achievements
FY20 Operational Achievements For personal use only Largest U.S. client completes upgrade of FINEOS Claims Headcount up 31.8% >90% employee to the Cloud on 30 June 2019 retention rate to 875 9 new name clients All staff working from 91% Product signed during FY20 home since March 2020 Consulting emp
Slide 8: FY20 Financial Highlights
FY20 Financial Highlights For personal use only Revenue Subscription Pro forma €87.8m Revenue EBITDA vs prospectus €74.0m, up €27.0m €15.7m 18.6% vs prospectus €28.8m vs prospectus €8.7m, up 80.6% vs FY19 €62.8m, up 39.8% down 6.2% vs FY19 €8.4m up 88.0% vs FY19 €19.6m, up 37.9% Pro forma €28.4m R&D
Slide 9: 1Q21 Highlights
1Q21 Highlights For personal use only Strategic acquisition of LLH for US$75m A$93 million capital Headcount up 19% complete. Integration raise via institutional on 30 June 2020 underway placement and SPP to 1,040 Cloud SaaS related >90% employee 87% Product revenue now represents retention rate and
Slide 10: Geographic mix of revenue
Geographic mix of revenue For personal use only North American proportion of total revenue continues to increase, representing 67% in the first quarter of FY21, up from 59% in FY20 and 45% in FY19. Revenue by region 80% 70% 67% 59% 60% 50% 45% 45% 40% 35% 30% 27% 20% 10% 10% 6% 6% 0% FY19 FY20 1Q21
Slide 11: Trading Update
Trading Update For personal use only ▪ Underlying subscription revenue growth target of 30% remains achievable, adjusted for impacts from foreign exchange fluctuations, in particular USD:EUR ▪ North America represented 67% of total revenue in 1Q21 and growing ▪ Cloud SaaS related revenue, including
Slide 12: Summary
Summary For personal use only ▪ The acquisition of Limelight Health means the FINEOS product offering is an end-to-end suite for North American Employee Benefits - “Quote to Claim”, increasing the total addressable market ▪ Continue to invest in product, sales and marketing, to remain the leading co
Slide 13: Formal Business – AGM Resolutions
03 Formal Business – AGM Resolutions For personal use only © FINEOS CORPORATION
Slide 14: Important notice and disclaimer
Important notice and disclaimer For personal use only This presentation has been prepared by FINEOS Corporation Holdings PLC (Company or FINEOS). By accessing or attending this presentation, you acknowledge that you have read and understood the following statements. NO OFFER OF SECURITIES Nothing in
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