Slide 1: Senetas Corporation Limited 2022 Full Year Results
For personal use only Senetas Corporation Limited 2022 Full Year Results – 31 August 2022 © 2022 Senetas Corporation Slide 1
Slide 2: FY2022 Group Financial Highlights
FY2022 Group Financial Highlights • Group* operating revenue of $25.1 million – up 9% on FY2021 For personal use only • Votiro revenue up 82% to $5.8 million. The global shortage of electronic components is having a temporary impact on Senetas revenue – although the anticipated revenue decline was l
Slide 3: Outlook
Outlook • Votiro’s outlook remains very positive with a strong sales pipeline continuing to build For personal use only across the US & Asia Pacific, and emerging demand in Europe & Middle East • Continue to expect Votiro ARR to double through the 2022 calendar year • Well positioned to execute on l
Slide 4: FY2022 Votiro
FY2022 VOTIRO For personal use only © 2022 Senetas Corporation Slide 4
Slide 5: FY2022 Highlights – Votiro
FY2022 Highlights – Votiro For personal use only Annual Recurring Subscription (SaaS) Revenue Revenue (ARR) ARR US$4.4m US$3.4m At August 2022 – up 83% A$5.8m Up 69% since December from Jun 2021 Up 82% from FY2021 2021 Total Contract Customer Renewal Value Rate US$9.5m >95% At August 2022 2022 calen
Slide 6: FY2022 Financials – Votiro
FY2022 Financials – Votiro For personal use only • Votiro operating revenue was up 82% on the prior year driven by growth in the US market and particularly the Asia Pacific region • ARR growth since June 2021 was driven by strong take up of Votiro’s subscription (SaaS) product • Minor delays in fina
Slide 7: Key FY2022 Milestones
Key FY2022 Milestones For personal use only • Success in targeting large scale client opportunities • 2 new customers signed in the 9 months to June 2022 with annual revenue from each of >US$0.5 million – one of those contracts was for in excess of US$1 million per annum for a minimum of 3 years • T
Slide 8: Votiro Technology
Votiro Technology For personal use only • The Votiro Cloud (SaaS) technology is now in production and live in the North American, Singapore, Japan and European markets • Votiro continues to further develop its product capabilities to meet customer requirements, simplify the user experience and broad
Slide 9: Industry Recognition
Industry Recognition For personal use only Votiro was named Publisher’s Choice in the Content Disarm and Reconstruction category by the 2022 Cyber Defense Magazine (CDM) Global Infosec Awards. CDM, the industry’s leading electronic information security magazine, announced the award at this year’s RS
Slide 10: Votiro – Overview
For personal use only Votiro – Overview
Slide 11: Votiro Overview
Votiro Overview Essential cyber-security protection for content-borne attacks without compromising user productivity For personal use only Votiro’s patented Content Disarm and Reconstruction (CDR) technology Instantly disarms and reconstructs content of all types – in original file format – making i
Slide 12: The Growing Market Need
The Growing Market Need Virtually all successful malware attacks are delivered through weaponized files For personal use only Email Files need to be sanitized : Before being shared Web Portals & FTPS of malware delivered (for secure by email in 20201 productive remote Weaponized work) files can ente
Slide 13: The Ultimate in Usability
The Ultimate in Usability Proven market leader of file security at large enterprise scale For personal use only Technical Integrations Include: Easy Less than 10 minutes and less than 10 steps to deployment: deploy Users anywhere access files that are Deliver safe processed in milliseconds (10x fast
Slide 14: Industry Targeting
Industry Targeting For personal use only Key industry demand characteristics Finance Finance& & Tech companies Tech Enterprises that have a large daily investment investment companies volume of inbound documents High velocity businesses that can’t afford security delays in file/email delivery Large
Slide 15: Target Territories
Target Territories Focused on massive North America opportunity, building on continuing wins in APAC For personal use only Direct sales force in early New York, NY Established regional stages of developing key Austin, TX Atlanta, GA distributor and Tel Aviv, Israel Tokyo, Japan partner relationships
Slide 16: Votiro Snapshot
Votiro Snapshot Essential cyber-security protection for file borne attacks without compromising user productivity For personal use only Protection against the most virulent ransomware and zero-day attacks 350+ clients & US$4M ARR Differentiated technology with scaling globally strong patent portfoli
Slide 17: FY2022 Senetas Business
FY2022 SENETAS BUSINESS For personal use only © 2022 Senetas Corporation Slide 17
Slide 18: FY2022 Highlights – Senetas
FY 2022 Highlights – Senetas For personal use only • The global shortage of electronic components is temporarily impacting Senetas’s sales to end user customers • The component shortages across the industry globally have extended lead times and caused delays to customer network upgrade projects – im
Slide 19: Senetas
Senetas • The Senetas sales pipeline continues to track well ahead of the prior year For personal use only • The most significant build up in pipeline has been from the Americas and EMEA regions • However, we continue to expect that shipment of these orders to end users is likely to be extended over
Slide 20: Key Financials
KEY FINANCIALS For personal use only © 2022 Senetas Corporation Slide 20
Slide 21: FY2022 Consolidated Senetas Group Financials
FY2022 Consolidated Senetas Group Financials For personal use only Full year ended 30 June 2022 ($000’s) FY2022 FY2021 Revenue from ordinary activities 25,109 23,006 Gross profit 20,276 19,578 Gross Margin % 81% 85% Other income 208 400 Depreciation & amortisation (3,123) (3,209) Profit (loss) befor
Slide 22: Senetas Operating Segment Results
Senetas Operating Segment Results For personal use only Full year ended 30 June 2022 ($000’s) FY2022 FY2021 Revenue from ordinary activities 19,332 19,834 Gross profit 14,895 16,563 Gross Margin % 77% 84% Other income 208 400 Depreciation & amortisation (873) (970) Profit before tax 1,907 3,376 Prof
Slide 23: Operating Revenue
Operating Revenue For personal use only REVENUE BY REGION Asia Pacific EMEA USA 25,109 • Group revenue 9% higher than FY2021 22,605 23,006 21,313 • Good growth in Asia Pacific driven by Votiro 18,971 customer wins in the region 10,097 10,330 • North America and EMEA similar to the prior 12,596 13,21
Slide 24: Cash Flow
Cash Flow Summary Cash Flow Statement For personal use only Full year ended 30 June 2022 ($000’s) FY2022 FY2021 Receipts from customers 26,817 23,342 Tax paid (490) (1,486) Payments to suppliers & employees (32,137) (24,971) Operating cash flows (5,789) (3,067) Investing cash flows (332) (358) Finan
Slide 25: Balance Sheet Remains Strong
Balance Sheet Remains Strong Summary Balance Sheet For personal use only Full year ended 30 June 2022 ($000’s) FY2022 FY2021 Cash and cash equivalents 10,692 11,847 Trade and other receivables 9,057 4,621 Inventories 5,347 2,021 Goodwill & intangible assets 9,660 10,705 Total assets 39,171 33,098 Tr
Slide 26: Disclaimer
Disclaimer This presentation ("Presentation") has been prepared by Senetas Corporation Limited (“Senetas“ or “the Company”) for the sole purpose of providing For personal use only general and background information on the Company. Nothing contained in this Presentation is or should be relied upon as