Vista Group International Ltd · NZX:VGL
Vista Group International — H1 2015 Earnings Presentation
17 slides from Vista Group International's earnings presentation, August 2015
Slide 1: Vista Group – FY 2015 Half Year Results
Vista Group – FY 2015 Half Year Results August 2015
Slide 2: Important notice
Important notice This presentation has been prepared by Vista Group International Limited (“Vista Group”). Information in this presentation: > is provided for general information purposes only, does not purport to be complete or comprehensive and is not an offer or invitation for subscription, purch
Slide 3: Agenda
> Introduction > Results highlights > Operating performance > Financial performance > Key Points > Questions PAGE 3
Slide 4: Result Highlights
Result Highlights 1. Headline Numbers > Revenue up $10.0m on 2014 and in line to meet PFI target with strong second half expected > EBITDA up $2.5m or 100% on 2014 > Operating cashflow strong at +$7.4m 2. Operating Metrics > Maintenance, services and recurring revenue is strong > VEEZI has reached a
Slide 5: Vista Group – Operating Performance
VISTA GROUP – OPERATING PERFORMANCE
Slide 6: Vista Entertainment Solutions - Vista Cinema
Vista Entertainment Solutions - Vista Cinema > Steady performance > Revenue tracking with PFI expectation > Over 200 Sites installed in 1H 2015 > New customers gained in Norway, UK, USA, China, Taiwan, Australia, India > Ticketsoft acquisition customers now installing in good numbers > Strong pipeli
Slide 7: Vista Entertainment Solutions - VEEZI
Vista Entertainment Solutions - VEEZI > Reached 250+ total installed sites by half year > Revenue will exceed PFI levels 3,000 independent > Delivered product enhancements to address more market cinemas in the US alone requirements – including Loyalty and 20,000+ 1 > Working on expansion to addition
Slide 8: Movio
Movio > Movio Cinema > New customers added in UK, Ireland, Germany, UAE, Oman, Thailand, Indonesia, Argentina, South Africa, Swizerland and the USA > Continuing to expand through the Vista Cinema client base in additional territories > Movio Media > Platform license sold to NCM in the USA > Paramoun
Slide 9: MACCS
MACCS > Warner Bros signed for USA – strategically important win TD > New installations of core product across Theatrical NT iMACCS Distribution international territories System Non Theatrical Web Portal > Large amount of product development continues for USA requirements RR Rights & HE PA Royalty H
Slide 10: Numero
Numero Distributors > Now collecting box office results for over 99% of the Australasian market > First phase of product development completed and in trials with major studios > Revenue still delayed Numero distributes box office data Media (research companies, advertisers) Cinema operators PAGE 10
Slide 11: Vista Group - Financial Performance
VISTA GROUP - FINANCIAL PERFORMANCE
Slide 12: Trading Performance
Trading Performance June 2015 June 2014 2015 full year PFI All figures in NZ$m's Half Year Half Year • Solid trading in first half. Trading $ $ % change $ % • Maintenance and recurring revenue Revenue 27.3 17.4 56.9% 61.5 44.4% strong in first half but lower license Operating Expenses Base 24.8 15.2
Slide 13: Financial Position
Financial Position June 2015 2014 December 2015 full year PFI All figures in NZ$m's Actual Actual/restated Financial Position $ $ $ Current assets • Major trading categories (cash, Cash 29.4 30.7 43.6 receivables, payables) in line with Other receivables 21.2 22.1 19.5 50.6 52.8 63.1 expectations No
Slide 14: Cash Flow
Cash Flow June 2015 June 2014 2015 full year PFI All figures in NZ$m's Half Year Half Year Cash Flow $ $ $ Cash received from trading 30.8 19.0 60.5 Cash applied from trading • Cash flow reflective of normal Operating expense 21.6 13.2 44.0 Tax & interest 1.8 1.1 3.1 patterns in the business Listing
Slide 15: Summary
SUMMARY
Slide 16: Key points
Key points > All major business units in a strategically strong position > Strong pipeline of new business for the remainder of 2015 and 2016 > Previous experience of strong second half revenue (in this case backed by a strong pipeline) should enable us to deliver favourably against the PFI, provide
Slide 17: Questions
QUESTIONS
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