FINEOS Corporation Holdings Plc · ASX:FCL
FINEOS — Macquarie Australia Conference 2021
15 slides from FINEOS's conference presentation, May 6, 2021
Slide 1: Macquarie Australia Conference Investor Presentation
For personal use only Macquarie Australia Conference Investor Presentation Michael Kelly, CEO & Founder 6th May 2021 © FINEOS Corporation Ltd 1
Slide 2: Disclaimer
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 this presentation sh
Slide 3: FINEOS Overview
FINEOS Overview For personal use only Organic subscription 7 of revenue growth of 60+ CARRIERS Top 30% 10 forecast for FY21 Market Leader in Life, Accident 100% Focused on Life, Strong and Consistent & Health core systems Accident and Health SaaS Revenue Growth Acquisitions +500 2020 Quote, underwri
Slide 4: FINEOS - The Power of One
FINEOS - The Power of One For personal use only One Industry - Global Life, Accident & Health 60+ Life, Accident & Health carriers using FINEOS today One Team - Bound by Culture & Strategy Over 1,050 people across 8 countries, including 500 people in R&D One FINEOS AdminSuite - Group, Voluntary & Ab
Slide 5: The FINEOS Ecosystem Strategy
The FINEOS Ecosystem Strategy *Limelight and Spraoi now part of the FINEOS Platform* For personal use only Rating, Underwriting & Advanced RTW Quoting Fraud Guidelines Embedded Functional Partners HRIS Vendors Engagement Enterprise Partners Partners Insight Portals AWS Friendly Ben Admins Reporting
Slide 6: Industry dynamics – SaaS spend increasing globally
Industry dynamics – SaaS spend increasing globally1 For personal use only • Worldwide spending on SaaS is forecast to grow by 19.3%, to US$112.6 billion, by the end of 2021 “Simply put, the pandemic served as an • In Australia, spending on public cloud services is forecast to increase by 18.4%, to r
Slide 7: North American Region performance; Cloud adoption supporting strong subscription growth rates
North American Region performance; Cloud adoption supporting strong subscription growth rates For personal use only • Since listing on the ASX in 2019 the proportion of revenue coming from North America has grown significantly to now represent 71% of total revenue, driven by new client wins • Cloud
Slide 8: Spraoi acquisition
For personal use only Spraoi acquisition © FINEOS Corporation Ltd 8
Slide 9: Spraoi: accelerating the innovation agenda for clients
We have proven our ability to accelerate the innovation agenda for our clients through our process. For personal use only MACHINE LEARNING • CUSTOMER EXPERIENCE INNOVATION SOLUTIONS Spraoi revenue1 $USm 7.0 6.2 • Founded in June 2017 and self funded 6.0 5.0 4.3 • Operates in the U.S. with an offshor
Slide 10: Strong Leadership & Founding Team
Strong Leadership & Founding Team For personal use only KARAN MISHRA MATT O’ MARA SANTOASH RAJARAM Karan brings over 14 years of experience in Matt brings over 20 years of experience in Santoash is a seasoned technologist, spending insurance technology consulting. His financial services technology c
Slide 11: Strategic Rationale for FINEOS
Strategic Rationale for FINEOS For personal use only ✓ Product acceleration Spraoi’s Machine Learning technology will help accelerate the FINEOS Insight product suite to enhance overall product capability and market appeal. ✓ Cross Sales FINEOS has a client base who will be targets for Spraoi ML (FI
Slide 12: Transaction Detail
Transaction Detail For personal use only ▪ US$4 million cash up front ▪ Up to US$6.6 million in earnouts over 3 years based off specific subscription and services revenue hurdles being met ▪ 700,000 options issued to founders and employees at 5-day VWAP to transaction close date ▪ Due to the anticip
Slide 13: Growth Strategy being executed
Growth Strategy being executed Expand within existing clients, win new clients and enter new geographic markets For personal use only Grow and Win Expand sales and FINEOS the upsell with clients new clients enter new markets LA&H industry platform ◼ FINEOS has a multinational client ◼ Seeing high de
Slide 14: FINEOS Outlook & Growth
FINEOS Outlook1 & Growth For personal use only Tracking to upper end of FY21 revenue guidance range of €102-105 million, after impacts from foreign exchange2 Reaffirming FY21 subscription revenue growth of 30%, before contribution from acquisitions; • Limelight Health expected to contribute approx.
Slide 15: Thank you – Questions
For personal use only Thank you – Questions © FINEOS Corporation Ltd 15
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