Nextdc Limited · ASX:NXT
Nextdc — FY2015 Earnings Presentation
35 slides from Nextdc's earnings presentation, Aug 26, 2015
Slide 1: FY 2015 Full Year Results
For personal use only FY 2015 FULL YEAR RESULTS 26 AUGUST 2015 NEXTDC LIMITED ACN 143 582 521 NEXTDC FY15 Results – August 2015 1
Slide 2: FY15 highlights
FY15 highlights For personal use only NEW SALES1 REVENUE EBITDA 9.8MW $60.9m $8.0m Up 362% on FY14 Up 85% on FY142 Up $24.1m on FY144 Includes three Above top end of Top end of material contract guidance range of guidance range of wins $55 - 60m3 $6 - 8m3 1. Pro forma for Federal Government contract
Slide 3: FY15 highlights
FY15 highlights For personal use only Revenue from continuing operations up $28.1m1 (85%) to $60.9m Strong Contracted utilisation up 9.8MW 2 (83%) to 21.7MW 2 sales performance Annualised contracted recurring revenue up $27.9m (67%) to $69.6m2,3 Interconnection up 1,405 (94%) to 2,893, repre
Slide 4: Agenda
For personal use only Agenda FY15 Financial results FY15 Operational performance FY16 Outlook Business overview S1 Sydney Data Centre 4
Slide 5: FY15 Full Year Results: Financial results
For personal use only FY15 Full Year Results Financial results M1 Melbourne Data Centre 5
Slide 6: Full year profit and loss summary
Full year profit and loss summary For personal use only FY15 FY14 Change Statutory financial results: ($m) ($m) ($m) Revenue from continuing operations: Data centre services revenue 58.7 30.4 28.3 Data centre development revenue - 15.5 (15.5) Data centre services Other revenue 2.2 2.5 (0.3) REVENUE
Slide 7: Full year profit and loss summary - underlying
Full year profit and loss summary - underlying For personal use only FY15 FY14 Change Note ($m) ($m) ($m) Non-statutory financial highlights for the year include: 1 EBITDA 2 8.0 (10.0) 18.0 Operating performance Underlying EBITDA (adjusted for non-recurring items) 3 8.0 (16.1) 24.1 First full year
Slide 8: Strong balance sheet
Strong balance sheet For personal use only 30 June 2015 30 June 2014 Cash flow profile Note ($m) ($m) $6.9m Cash and term deposits 52.9 70.8 ($25.5m) Property, plant, equipment 1 221.2 207.8 $70.8m $0.7m Net assets 214.9 223.6 $52.9m Notes: 1. Includes capital work in progress of $20.7m as at 30 Jun
Slide 9: FY15 Full Year Results: Operational performance
For personal use only FY15 Full Year Results Operational performance 9
Slide 10: Strong sales momentum
Strong sales momentum FY15 data centre services revenue of $58.7m1 Two New Material Contracts announced since 29 June: For personal use only Reflects 93% growth on FY14 Validation of demand for high-density capacity in Melbourne and Recurring revenue represented 88% of total 2H15 revenue Sydne
Slide 11: Strong growth in sales metrics
Strong growth in sales metrics Annualised unweighted Annualised contracted recurring pipeline ($m)1 revenue ($m)2,3 For personal use only 198 69.6 172 51.8 144 38% 67% 41.7 Jun 14 Dec 14 Jun 15 Jun 14 Dec 14 Jun 15 Customers2 Interconnection (number of cross connects) 478 2,893 375 2,198 58% 302 94%
Slide 12: Diversified recurring revenue model
Diversified recurring revenue model Customer by industry1 Utilisation by density1,3 For personal use only 4% 5% Enterprise More than 6kW 6% Cloud 16% 17% 6 kW 27% Connectivity 5 kW 12% System Integrators 4 kW Government 3 kW 26% Digital Media 31% 2 kW or less 20% 26% Financial Services 8% 2% Cloud,
Slide 13: Utilisation
Utilisation Installed capacity vs contracted utilisation Billing vs contracted utilisation For personal use only 2.7MW available for sale at 30 June 20151 Contracted utilisation up 9.8MW (83%) to 21.7MW 1 Expansions in FY16 at M1, S1 and C1 in line with since 30 June 2014 customer requirements
Slide 14: Facilities' capacity and utilisation
Facilities’ capacity and utilisation 16 As at 30 June 2015 M1 Melbourne For personal use only Last hall (DH6) under construction, high density customer 14 Contracted utilisation1 requirements makes use of Project Plus capacity across Project Plus capacity halls 12 Future build Build in progress S1
Slide 15: FY15 Full Year Results: Outlook
For personal use only FY15 Full Year Results Outlook 15
Slide 16: FY16E Outlook
FY16E Outlook For personal use only Revenue of $85m to $90m (up 40% - 48% on FY15) Ongoing FY16E revenues underpinned by significant growth in contracted and recurring revenues growth in Expecting further growth in connectivity revenue underpinned by national ecosystem revenue New Leading Corp
Slide 17: FY15 Full Year Results: Business Overview
For personal use only FY15 Full Year Results Business Overview 17
Slide 18: Industry growth indicators
Industry growth indicators Global colocation Australian colocation For personal use only $50b by 2020 $1.1b by 2020 12.5% CAGR 2014 - 2020 12.3% CAGR 2014 - 2020 Mordor Intelligence Global Data Center Colocation Market Growth, Trends and Forecast 2014-2020 Frost & Sullivan report: Australian Data Ce
Slide 19: Vision and Mission
For personal use only VISION Our vision is to help enterprises harness the digital age, improving our society through the advancement of technology MISSION Our mission is to be the leading customer- centric data centre services company, delivering solutions that power, secure and connect enterprise
Slide 20: NEXTDC is Where the cloud lives
NEXTDC is Where the cloud lives® For personal use only Consumption economics is a powerful driver of hybrid cloud and colocation. NEXTDC customers enjoy a wide choice of public, private and hybrid cloud solutions through our Cloud Centre partner community: the largest carrier, vendor and integrator
Slide 21: Cloud Centre
Cloud Centre NEXTDC data centres are a marketplace for the digital economy For personal use only NEXTDC is home to some of the words largest cloud computing providers, enterprises and government. Our ecosystem value grows through interconnectedness. The data centre is the heart of hybrid computing T
Slide 22: Channel-first sales strategy
Channel-first sales strategy For personal use only Australia’s largest independent network of carriers, cloud and IT service providers Partners tailor solutions with NEXTDC data centre services NEXTDC FY15 Results – August 2015 22
Slide 23: NEXTDC product and services portfolio
NEXTDC product and services portfolio DCIM Software-as-a-Service For personal use only • Telemetry (power and • Infrastructure visualisation environment monitoring) • Asset management • Access management • Custom reporting • Security Audit • SLA compliance Data Centre-as-a-Service • Hyper-scale • Mu
Slide 24: Systems, certifications, awards and achievements
Systems, certifications, awards and achievements For personal use only NEXTDC FY15 Results – August 2015 24
Slide 25: FY15 Full Year Results: Customer testimonials
For personal use only FY15 Full Year Results Customer testimonials 25
Slide 26: Gery Messer, CenturyLink testimonial
For personal use only Gery Messer Managing Director, Asia Pacific “As the global leading managed hybrid IT provider, CenturyLink is collaborating with NEXTDC to extend our data centre footprint and deliver reliable, enterprise- grade hybrid IT services to businesses and service providers in Australi
Slide 27: Jon Kenton testimonial
For personal use only Jon Kenton Chief Operating Officer “Migrating infrastructure from our Melbourne office to NEXTDC's M1 data centre allowed us to increase the density of our infrastructure and consolidate our footprint. Our move to M1 improved our IT service's resilience and physical security, p
Slide 28: Alvin Tedjamulia, NetDocuments testimonial
For personal use only Alvin Tedjamulia CTO “As the leading cloud-based document and email management provider for financial services and professional services firms, NetDocuments relies on world-class companies like NEXTDC to build and support a best- of-breed technology infrastructure that will ens
Slide 29: Customer testimonial on C1 data centre
For personal use only “We chose NEXTDC’s C1 data centre because of the quality and reliability of its critical infrastructure and the particularly high level of onsite security, as well as the excellent facilities for our staff.” Australia’s leading independent Data-Centre-as-a-Service provider
Slide 30: Toby Bowers testimonial
For personal use only Toby Bowers Director, Cloud & Enterprise Division “NEXTDC’s data centre footprint and the AXONVX switching fabric are promising to make it easier than ever for customers to enable secure, private connections from their on- premise networks to Microsoft Azure via ExpressRoute an
Slide 31: FY15 Full Year Results: Case studies
For personal use only FY15 Full Year Results Case studies 31
Slide 32: Case Study – B1 Brisbane
Case Study – B1 Brisbane 1,2 Billing utilisation Highlights For personal use only Facility EBITDA ($m) Facility EBITDA NEXTDC’s first facility, 1H12 2H12 1H13 2H13 1H14 2H14 1H15 2H15 4.5 90% commenced operations 4.0 80% in October 2011 3.5 70% Breakeven reached 3.0 60% after 9 months of 2.5 50%
Slide 33: Case Study – M1 Melbourne
Case Study – M1 Melbourne 1 Billing utilisation For personal use only Facility EBITDA ($m) Facility EBITDA 2Q13 2H13 1H14 2H14 1H15 2H15 10.0 50% 8.0 40% 6.0 30% 4.0 20% Highlights 2.0 NEXTDC’s second facility, commenced operations in September 0.0 10% 2012 -2.0 0% Breakeven reached after 11 mon
Slide 34: Case Study – S1 Sydney
Case Study – S1 Sydney 1 Billing utilisation For personal use only Facility EBITDA ($m) Facility EBITDA 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 3.0 40% 2.5 35% 2.0 30% 1.5 25% 1.0 20% 0.5 15% Highlights 0.0 10% -0.5 5% NEXTDC’s fourth facility, commenced operations in September 2013 -1.0 0% Breakeven
Slide 35: Thank you
For personal use only Thank you DISCLAIMER: The information may not be reproduced or distributed to any third party or published in whole or in part for any purpose. The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitat