Slide 1: Investor Presentation: Half Year Results FY2010 and Outlook
For personal use only CPT Global Limited Investor Presentation Half Year Results FY2010 And Outlook March 2010 Slide 1
Slide 2: History
History For personal use only • Founded in Australia in 1993 • ASX listed - ASX:CGO • All services target IT cost reduction • Industry based expert consultants • Global operations • A mixture of private sector and government clients Slide 2
Slide 3: IT cost optimisation
IT cost optimisation For personal use only Service Saving Capacity Minimise spend via optimised IT capacity. Performance Reduce running costs and maximise lifetime of existing infrastructure. Testing Ensure systems perform to expectations while optimising the testing costs. Plus Optimise the cost of
Slide 4: Countries of Operation
Countries of Operation For personal use only Australia and Asia Pacific Europe North America Africa Office Location & Active Client Country Active Client Country Non-Current Client Country Slide 4
Slide 5: FY10 First Half Overview
FY10 First Half Overview For personal use only • Revenue $18.715 million • Australian Revenue down 14% • International Revenue down 13% • Adjusted NPAT down 182% Slide 5
Slide 6: Financial Summary
Financial Summary For personal use only % movement to $ millions HY 10 HY 09 prior year Revenue $18.715 $21.572 -13.2% EBITDA -$.705 $1.986 -135% NPAT -$.856 $1.044 -182% EPS -2.33 2.83 -182% Interim Dividend 0¢ 2.5¢ 100% Slide 6
Slide 7: Financial Summary - Detail
Financial Summary - Detail For personal use only $ millions HY 10 HY 09 Revenue-Australia $13.944 $16.082 Revenue-International $4.771 $5.491 Gross Profit-Australia $3.598 $5.244 Gross Profit-International $1.471 $2.770 Gross Profit- Time & Material $4.581 $6.192 Gross Profit- Risk Reward $.488 $1.8
Slide 8: Financial Performance – EPS & Dividends
Financial Performance – EPS & Dividends For personal use only 10.00 7.75 8.00 6.0 6.00 5.5 5.5 5.00 4.00 cents 3.25 3.25 2.00 2.75 2.50 2.50 - 2005 2006 2007 2008 2009 2010 - (2.00) (4.00) EPS Interim Dividend Full Year Dividend Slide 8
Slide 9: Financial Performance - Revenue
Financial Performance - Revenue For personal use only 45.00 40.00 35.00 21.46 22.20 30.00 22.68 25.00 $ million 14.89 14.09 20.00 - 15.00 23.09 21.70 10.00 18.74 18.72 16.26 14.90 5.00 - 2005 2006 2007 2008 2009 2010 First Half Second Half Slide 9
Slide 10: Financial Performance – NPAT-Reported
Financial Performance – NPAT-Reported For personal use only 3.50 3.00 2.50 1.73 2.00 1.14 0.95 1.13 1.50 0.31 $ million 1.00 1.28 1.34 1.17 1.10 0.50 1.04 - 2005 2006 2007 2008 2009 2010 (0.86) (0.50) (1.00) (1.50) First Half Second Half Slide 10
Slide 11: Divisional Revenue Split
Divisional Revenue Split For personal use only Europe 18% 2009 Half 16% Year United States 8% 10% 2010 Half Year 74% Australia 74% Slide 11
Slide 12: Revenue by Industry Sector
Revenue by Industry Sector For personal use only . Australia International Telecommunications 6% Government - Ot her Regions Utilities Transport Fast moving consumerRetail 1% 15% Banking & Finance 1% 1% goods 28% 0% Government - Federal Government Bank 12% Ot her 13% 1% Transport 1% Ret ail 1% Banki
Slide 13: Revenue by Line of Business
Revenue by Line of Business For personal use only Test Management Other 11% Capacity Management 6% 8% Management Consulting 3% Test Environment Management 3% Performance Tuning - Mainframe 9% Performance Tuning - Mainframe Cost Reduction 5% Project and Program Technical Services - Other Management 2
Slide 14: 2010 Half Year Summary - Australia
2010 Half Year Summary - Australia For personal use only • Australia region impacted by global economic downturn. • Australia unable to fully utilize labour force. • Strategic review undertaken in December has resulted in appropriate action being taken with commensurate cost savings. • As economy em
Slide 15: 2010 Half Year Summary - International
2010 Half Year Summary - International For personal use only • International region impacted by global economic downturn. • CPT Global International operations remain in growth phase. • Several Phase 1 contracts completed with fortune 500 companies , but transition to more lucrative Phase 2 has been
Slide 16: Focus on our main Asset - People
Focus on our main Asset - People For personal use only • Our people combined with our collective IP make CPT Global unique. Most consultants are considered industry experts with over 17 years experience. • CPT allows a flexible engagement model for our consultants and employees. The mixture includes
Slide 17: People + IP = Scalability
People + IP = Scalability For personal use only • Experience – Deep technical experience. Average IT experience level is 17 years • Expert Systems – CPT IP is captured in our expert systems based on best practice learnt from hundreds of engagements and world wide clients • Business focus – All of ou
Slide 18: Scalability
Scalability For personal use only 50 45 40 35 30 25 20 211 % Growth International 15 10 15.7 % Growth Australia 5 0 2006 2007 2008 2009 International Australia • As mentioned earlier CPT Global’s international Risk Reward and Test Coverage business is significantly more scalable as it is not resourc
Slide 19: Future Market Positioning
Future Market Positioning For personal use only FY10 Update Market Coverage: Market Coverage: • Retain and expand international client base. Increased new clients in US and Europe Conversion two largest European clients • Productise and leverage IP from Risk/Reward to annuity base. Continued penetra
Slide 20: Global Data Centre Optimisation - Opportunity
Global Data Centre Optimisation - Opportunity For personal use only • Background $ £ € Projected Datacentre Server Demand Growth Projected Datacentre Storage Growth (Production) (Production) 25,000 160.00 CPT Data Centre 20,000 140.00 Optimisation Significant cost RelativeCapacity 120.00 Petabytes s
Slide 21: Outlook
Outlook For personal use only • Trading conditions in Australia will remain challenging. • Expect to benefit from a number of significant new business opportunities. • Focus remains on revenue growth and cost control. • Strategic restructure to align cost base with revenue. • International Operation