Slide 1: H1 FY25 Results Presentation
H1 FY25 Results Presentation. Brian Mangano CEO Ryan Sofoulis CFO 28 February 2025
Slide 2: Building Communities by Revolutionising TV
Building Communities by Revolutionising TV. Premium enterprise entertainment and communications platform for communities delivered through the preferred in-room device—the Connected TV.
Slide 3: H1 FY25 financial highlights
H1 FY25 financial highlights. Strong results highlighting our effective cost management strategies, operational efficiencies, and improved margins. Enterprise Subscription Revenue Group EBITDA Swift Access Cash Position EBITDA Revenue Sales CAGR $9.1m $1.2m $0.7m $2.0m $7.5m 62% 7%
Slide 4: Results summary
Results summary. Key points. $ millions H1 FY25 H1 FY24 % • Enterprise EBITDA of $1.2 million being13% of revenue of $9.1 million. • Subscription revenue is influenced by the following factors: Subscription Revenue 7.5 7.0 7% - Movement in product mix balance from largely reselling Foxtel linear Pay
Slide 5: Balance sheet
Balance sheet. $ millions 31 December 2024 30 June 2024 Key points. Cash 2.0 1.8 • Cash balance $2.0 million up 11% from 30 June 2024. Receivables 4.2 2.9 Inventory 1.1 1.0 • Increase in receivables relates to R&D Tax refund received Other current assets 0.4 0.7 after 31 December 2024. Total current
Slide 6: Cash flow summary
Cash flow summary. $ millions H1 FY25 H1 FY24 Key points. Cash receipts from operations 9.6 9.6 • $0.8 million cash generated from operations. Cash payments for operations (8.5) (9.6) Finance costs (0.4) (0.4) • $1.2 million cash generated from operations before interest. Interest received - - • Rec
Slide 7: Swift Access sales growing
Swift Access sales growing. 3,241 13,050 2,958 2,789 2,789 12,032 2,388 11,489 11,539 CAGR Total Sales 10,524 CAGR Aged Care 62% 300% 545 8,185 264 316 351 7,805 100 142 7,156 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 (CAGR: Compound Annual Growth Rate) 6,434 5,492
Slide 8: Recurring SaaS revenue will keep improving margins
Recurring SaaS revenue will keep Margin improving margins. Evolving product mix from low margin PayTV resales to recurring Swift Access SaaS revenue, driving significant margin growth. New product technology development will improve scalability – reduce variable costs and allow access to new markets
Slide 9: What's Changing
What’s Changing.
Slide 10: Aged Care
Aged Care. What’s Changing • New Aged Care legislation introduced December 2024. • Introduction of Higher Everyday Living Fee (HELF). • Sector uncertainty beginning to resolve as new legislation takes effect from 1 July 2025. • Increased requirement for flexibility to meet legislative compliance. •
Slide 11: Mining & Resources
Mining & Resources. What’s Changing • Sector moving away from traditional linear PayTV to on-demand streaming content (circa 65,000 screens utilize linear PayTV in Mining and Resources). • Recent sale of Foxtel to DAZN. • Sector looking for value for money low bandwidth solutions to replace linear P
Slide 12: Why Invest
Why Invest. Major positive changes to the markets that Swift is targeting ✓ Subscription Revenue $15 million annualised ✓ Generating cash from operations ✓ Low market cap – 50% of Subscription Revenue ✓ Swift Access sales compound annual growth rate of 62% ✓ Target markets going through significant
Slide 13: Experienced Board
Experienced Board. Charles Fear Pippa Leary Brad Denison Brian Mangano Ryan Sofoulis Chairman Non-Executive Director Non-Executive Director Managing Director Chief Financial Officer Charles Fear is an experienced Pippa led Nine’s digital sales Brad is an experienced Non- Brian has over 26 years of R
Slide 14: Corporate summary
Corporate summary. Capital Structure (ASX: SW1) Major Shareholders millions Share price – 27 February 2025 1.2 cps Sofoulis Holdings Pty Ltd 92.1 (14.0%) Shares on issue 656 million JP Morgan Nominees Australia Pty Ltd 58.3 (8.9%) Market Capitalisation $7.9 million Medical Media Investments Pty Ltd
Slide 15: Important notices
Important notices. This document has been prepared by Swift Networks Group Limited (ACN 006 222 395) (Company) and is current at the date of this document. The information contained in this document is a summary only and does not purport to be all inclusive or to contain all the information that a p
Slide 16: Thank you
Thank you. ™&*