Smart Parking Limited · ASX:SPZ
Smart Parking — Shareholder Meeting (November 2016)
23 slides from Smart Parking's shareholder meeting presentation, Nov 4, 2016
Slide 1: Annual General Meeting Presentation
Smart Parking Limited ASX:SPZ Annual General Meeting Presentation For personal use only Paul Gillespie, CEO | 4 November 2016
Slide 2: Business Overview
Smart Parking | Business Overview For personal use only World leading technology for parking design, development & management MANAGEMENT SERVICES operates exclusively TECHNOLOGY designs, develops & specialises in the United Kingdom & specialises in managing in on-street & off-street parking technolo
Slide 3: FY 2016 Highlights
For personal use only 1 FY 2016 Highlights
Slide 4: FY16 Highlights
Smart Parking | FY16 Highlights For personal use only Maiden EBITDA profitability achieved while continuing global expansion EBITDA profitable | $5m EBITDA improvement on prior period | Revenue up 34% on prior period Management Services | Growth continues, driven by roll out of Smart Parking Aut
Slide 5: FY16 Financial Update
For personal use only 2 FY16 Financial Update Continuous Improvement
Slide 6: FY16 financial results
Smart Parking | FY16 financial results For personal use only Strong full year revenue growth | EBITDA profitability 35,000 31,758 30,000 Revenue of $31.8m - up 34% 25,000 23,557 21,945 EBITDA of $1.4m – up $5.2m 20,000 15,000 Statutory net loss after tax of 10,000 $1.5m, improved $3.8m 5,000 I
Slide 7: FY16 Management Services
Smart Parking | FY16 Management Services For personal use only Technology roll-out | New contract wins | Customers retained | Team growing Revenue of $28.4m - up 33% EBITDA of $5.3m - up $4.7 million Key contract wins Lidl UK contract to manage over 30 sites Matalan UK contract expanded fr
Slide 8: FY16 Technology
Smart Parking | FY16 Technology For personal use only Expanding across key markets: UK, AUS, NZ | Strengthening sales capacity Revenue of $5.6m increased 40% on FY15 Recurring revenue of $1.9m increased 49% on FY15 Completed 2016 installations ACT & NSW in Australia Wellington & Auckland in
Slide 9: Business Update: FY17 First Quarter
For personal use only 3 Business Update FY17 First Quarter
Slide 10: Group | Q1 FY17 (Unaudited)
Smart Parking Group | Q1 FY17 (Unaudited) For personal use only 8,000 EBITDA margin growth 7,579 7,000 6,479 EBITDA up 719% 6,000 EBITDA margin up from 1.5% to 14.7% 5,000 4,000 Revenue of $6.5m down 15% on Q1 FY16 3,000 following the loss of 2,000 the Asda contract and the result of foreign
Slide 11: Services | Q1 FY17 (Unaudited)
Services | Q1 FY17 (Unaudited) For personal use only 8,000 7,186 The Asda contract loss, 7,000 6,527 where income was shared, has been replaced with higher 6,000 margin business such as new 5,304 sites with technology 5,000 EBITDA of $1.6m up 29% 4,000 on FY16, despite the loss of Asda contract and
Slide 12: Services | Technology roll out
Services | Technology roll out For personal use only 16 ANPR Site Installations by month FY17 14 • Number plate recognition 12 camera installations continue in FY17 10 • 120 sites installed in FY16 8 • 47 sites installed in FY17 • More than 80 sites in the 6 4 pipeline for installation 2 • Sal
Slide 13: Technology | Q1 FY17 (Unaudited)
Technology | Q1 FY17 (Unaudited) For personal use only 2,000 1,460 1,500 Revenue up 91% 1,000 766 against Q1 FY16 500 0 EBITDA loss Sales EBITDA improved by (500) (395) 53% against Q1 FY16 (1,000) (848) Q1 FY17 Q1 FY16 12
Slide 14: Technology: How it works
Smart Parking | Technology: How it works For personal use only Providing effective parking management solutions Server SmartAPI SmartRep SmartCloud Marshal Variable SmartGuide SmartApp Message Signs Handheld Overhead Pay & Walk SmartTag Sensors SmartSpot SmartEye Smart Parking AGM Presentation | Nov
Slide 15: Key Project Wins
Smart Parking | Key Project Wins For personal use only ACT Government, Australia Wellington City Council, New Zealand April 2016 | Australian Capital Territory (ACT) August 2016 | Wellington City Council goes live Government Chief Minister, Andrew Barr with Smart Parking’s SmartPark solution and lau
Slide 16: Key Project Wins
Smart Parking | Key Project Wins For personal use only Auckland Transport | New Zealand Order to supply and install a further 672 off street sensors Mosman Municipal Council | Sydney, Australia Order to supply 1,100 sensors, installation complete, system live Stockland Group (ASX:SGP) | Sydney Austr
Slide 17: The Global Opportunity
For personal use only 4 The Global Opportunity
Slide 18: Investment proposition
Smart Parking | Investment proposition For personal use only Parking Is A Global Problem Smart Parking Has The Global Solution PROBLEM | The need for car parking solutions is significant and growing SOLUTION | Smart Parking managed services and technology solutions BENEFITS | Improved service, lower
Slide 19: Global trends
Smart Parking | Global trends For personal use only Smart Parking is ideally positioned to leverage from global trends US telco giant Verizon Communications Inc. (NYSE:VZ) acquired parking video analytics business Sensity for its burgeoning Smart Cities business. Verizon’s ‘Smart Communities’ divisi
Slide 20: Strategic Opportunities
Smart Parking | Strategic Opportunities For personal use only Strategic opportunities and partnerships are being pursued Smart Parking is Smart Parking is Smart Parking are building relationships growing its relationship working with Intel and with market leading with CISCO with exploring an ongoing
Slide 21: FY17 Outlook
Smart Parking | FY17 Outlook For personal use only Foundations in place for sustained expansion in global parking industry FY17 growth will be driven by continued roll out of Smart Parking’s technology in the Management Services division and project wins in the Technology division FY17 Services targ
Slide 22: Contact
Smart Parking | Contact For personal use only Discover more about Smart Parking at www.smartparking.com Paul Gillespie Chief Executive Officer paul.gillespie@smartparking.com Richard Ludbrook Chief Financial Officer richard.ludbrook@smartparking.com Connect with Smart Parking Smart Parking AGM Prese
Slide 23: Disclaimer
Smart Parking | Disclaimer For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves abo