Agilysys, Inc. · NASDAQ:AGYS
Agilysys — Investor Presentation (June 2021)
30 slides from Agilysys's investor presentation, June 2021
Slide 1: Investor Presentation June 2021
INVESTOR PRESENTATION June 2021
Slide 2: Forward-looking Statements & Non-GAAP Financial Information
Forward-looking Statements & Non-GAAP Financial Information TECHNOLOGY | INNOVATION | SOLUTIONS Forward-Looking Language This presentation contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward- loo
Slide 3: The Business We Are In
The Business We Are In TECHNOLOGY | INNOVATION | SOLUTIONS We Are in the Business of Providing A Fully Integrated Suite of Software Solutions to Enterprise Food & Beverage and Lodging Operators in the Hospitality Space that Enable Memorable Experiences Across All Channels of Guest Engagement 3
Slide 4: Agilysys Overview
Agilysys Overview SaaS Reservations Platform End to End Software Solutions Provider Guest Value Analytics Staff Exclusively Hospitality Optimization Mobility Provide Mission Critical Solutions Payment Guest Contactless Connected- Kitchen ness Products With Global Reach Operations Guest Self-service
Slide 5: We Provide Industry Leading Hospitality Solutions
We Provide Industry Leading Hospitality Solutions TECHNOLOGY | INNOVATION | SOLUTIONS Allocation of Total Revenue POINT-OF-SALE 64 % PROPERTY MANAGEMENT 24 of Revenue % Food and Beverage Solutions of Revenue Lodging Solutions ~271k rooms at 09/30/20 9% ~66k end points at 09/30/20 of Revenue INVENTOR
Slide 6: Hospitality Market
Hospitality Market TECHNOLOGY | INNOVATION | SOLUTIONS Agilysys ARR ~ $88.6M* *Trailing twelve months ended March 31, 2021. 6
Slide 7: Agilysys - Defining Strategy Highlights
Agilysys - Defining Strategy Highlights TECHNOLOGY | INNOVATION | SOLUTIONS 100% HOSPITALITY FOCUSED MODERN CLOUD-NATIVE & ON-PREMISE OPTIONS END-TO-END COMPREHENSIVE SOLUTION OFFERINGS OBSESSIVELY CUSTOMER-CENTRIC ENGINEERING/PRODUCT DRIVEN R&D Team Strength** Jan 2017 – 230 Mar 2019 – 500 15% Incr
Slide 8: India Development Center
India Development Center TECHNOLOGY | INNOVATION | SOLUTIONS • Current R&D Strength = 900+ • Currently Expanding Capacity To: • Approximately 95% of Current • 100,000 Square Feet Employees Are Technical & • 1,000 Employee Capacity Engineering Expertise • All Agilysys Employees and Fully Engaged With
Slide 9: Recent Achievements Under Management Team
Recent Achievements Under Management Team TECHNOLOGY | INNOVATION | SOLUTIONS Continuing to Focus on Expand Product Revenue Growth Improve Profitability Capabilities Recurring Revenue Return to Pre-COVID 15.5% $7.1M Tripled FY21 SaaS Revenue Q4 FY21 Adjusted Record Levels R&D Team Strength Growth EB
Slide 10: Agilysys Hospitality Product Suite
Agilysys Hospitality Product Suite TECHNOLOGY | INNOVATION | SOLUTIONS 10
Slide 11: G2E 2020 Gaming & Technology Awards
Global Gaming Business G2E 2020 Gaming & Technology Awards Gold Award Best Productivity-Enhancement Technology Agilysys rGuest Service (Cloud-Native, On-Premise Capable) Only Non-Gaming Hospitality Vendor To Win Award 11
Slide 12: We Serve Leading Hospitality Brands
We Serve Leading Hospitality Brands TECHNOLOGY | INNOVATION | SOLUTIONS 12
Slide 13: Financial Overview
A oO] Vsvyos FINANCIAL OVERVIEW
Slide 14: Evolving Business, Evolving P&L
Evolving Business, Evolving P&L TECHNOLOGY | INNOVATION | SOLUTIONS Financial Metrics and Valuation* Business Metrics (as of 3/31/21) Share Price (6/18/21) $54.39 Recurring Revenue* 65% Diluted Shares Outstanding 23.5M As % of Total Revenue Diluted Market Capitalization $1,275.9M Subscription Revenu
Slide 15: Strong Balance Sheet
Strong Balance Sheet TECHNOLOGY | INNOVATION | SOLUTIONS Consolidated Balance Sheet (in thousands) March 31, 2020 March 31, 2021 Cash, Cash Equivalents and Marketable Securities $46,653 $99,180 Other Current Assets 46,755 34,070 Long-Term Assets 61,154 56,623 Total Assets $154,562 $189,873 Current L
Slide 16: Revenue - Quarterly
Revenue - Quarterly TECHNOLOGY | INNOVATION | SOLUTIONS Total Revenue $41,987 $40,722 $41,000 $39,659 $39,000 $38,389 $37,000 $36,618 $36,675 $36,336 $36,014 $35,000 $34,007 $34,203 $34,360 $33,000 $31,000 $29,807 $29,000 COVID-19 Pandemic March 2020 – March 2021 $27,000 $25,000 Q1'19 Q2'19 Q3'19 Q4
Slide 17: Profitability Metrics - Quarterly
Profitability Metrics - Quarterly TECHNOLOGY | INNOVATION | SOLUTIONS Adjusted EBITDA – Non GAAP^ $10,000 $9,000 $8,586 $8,000 $7,614 No $7,067 $7,000 Software Capitalization $6,000 from Q2 FY19 onwards $5,000 $4,000 $3,572 $3,390 $3,113 $3,235 $2,984 $3,235 $3,000 $2,641 $2,392 $2,135 $2,000 $1,000
Slide 18: Historical Financial Results
Historical Financial Results TECHNOLOGY | INNOVATION | SOLUTIONS Revenue - GAAP Net Loss - GAAP $- $165,000 $160,757 $(10,000) $155,000 $(20,000) $(13,164) $23.7M software $145,000 $140,842 impairment $137,176 $(30,000) ($23,712) $135,000 $(40,000) $(34,067) $125,000 FY19 FY20 FY21 FY19 FY20 FY21 Ad
Slide 19: Appendix
APPENDIX
Slide 20: Senior Management Leading New Growth Vision
Senior Management Leading New Growth Vision TECHNOLOGY | INNOVATION | SOLUTIONS RAMESH SRINIVASAN - President and Chief Executive Officer Ramesh is an accomplished CEO with leadership and turnaround success across multiple industries resulting in rapid and sustainable long-term growth and significan
Slide 21: Senior Management Leading New Growth Vision
Senior Management Leading New Growth Vision TECHNOLOGY | INNOVATION | SOLUTIONS KYLE BADGER - Senior Vice President, General Counsel and Secretary Kyle leads the global legal and human resources teams and brings over 22 years of legal experience representing public and private companies in general c
Slide 22: Senior Management Leading New Growth Vision
Senior Management Leading New Growth Vision TECHNOLOGY | INNOVATION | SOLUTIONS ROB JACKS – Chief Information Officer Rob was promoted to CIO in December 2018 and is responsible for advancing Agilysys’ internal systems and information technology processes. Rob has a reputation as a transformational
Slide 23: Agilysys Omnichannel POS Solution
Agilysys Omnichannel POS Solution Mobile / Web: IG OnDemand Profile & Physical Store: Personalization: InfoGenesis POS Personalization APIs IG SmartMenu IG Digital Menu Analytics: Agilysys Analyze Marketing & Upsell: Agilysys Engage Payment: Agilysys Pay IG Quick Pay Any Venue: Agilysys Seat Mobile
Slide 24: Agilysys Lodging Ecosystem
Agilysys Lodging Ecosystem Search & Discovery Marketing Analytics & CRM Booking Personalized Arrival Communication Sales & Catering Payment Loyalty & Rewards Housekeeping Dining Spa Maintenance Concierge Back of House Activities Current Solutions Retail Golf Partner 24
Slide 25: Non-GAAP Reconciliation
Non-GAAP Reconciliation TECHNOLOGY | INNOVATION | SOLUTIONS 25
Slide 26: Non-GAAP Reconciliation
Non-GAAP Reconciliation TECHNOLOGY | INNOVATION | SOLUTIONS 26
Slide 27: Non-GAAP Reconciliation
Non-GAAP Reconciliation TECHNOLOGY | INNOVATION | SOLUTIONS 27
Slide 28: Cash Flow
Cash Flow TECHNOLOGY | INNOVATION | SOLUTIONS 28
Slide 29: Agilysys Global Footprint
Agilysys Global Footprint Agilysys Corporate Headquarters • Alpharetta, Georgia Agilysys US Offices • Las Vegas, Nevada • Santa Barbara, California • Bellevue, Washington Agilysys EMEA Office Windsor, UK • United Kingdom Seattle, WA Las Vegas, NV Agilysys APAC Offices Santa Barbara, CA Alpharetta, G
Slide 30: Contact
Contact: Jessica Hennessy Sr. Manager Corporate Strategy and Investor Relations (770) 810-6116 InvestorRelations@agilysys.com