Slide 1: Investor Presentation – March 2017 Roadshow
For personal use only Smart Parking Limited ASX:SPZ Investor Presentation Paul Gillespie, CEO March 2017 Roadshow
Slide 2: Business Overview
Smart Parking | Business Overview For personal use only World leading technology for parking design, development & management MANAGEMENT SERVICES | UK TECHNOLOGY | GLOBAL Profitable and operates exclusively in the Designs, develops and specialises in on-street UK. Specialises in managing car parks o
Slide 3: Highlights
HIGHLIGHTS For personal use only • Record FY17 H1 results • Maiden NPAT profitability • Accelerated global technology rollout • New clients & deals • Expanding workforce
Slide 4: Highlights – CEO quote
Highlights| FY17 H1 For personal use only “Smart Parking is immensely proud to report a successful first half performance. Our strong financial growth and record results are highlighted with the milestone of reaching NPAT profitability. This result has been achieved due to our exceptional operationa
Slide 5: Highlights – Cardiff, Wellington, Canberra
Highlights| FY17 H1 For personal use only CARDIFF, United Kingdom WELLINGTON, New Zealand CANBERRA, Australia The Cardiff City Council order Smart Parking completes its Smart Parking makes history in represents Europe’s first biggest ever on-street Canberra as old parking meters city-wide deployment
Slide 6: Financials
FY17 H1 For personal use only FINANCIALS • Maiden NPAT of $0.4 million • Group EBITDA grows to $2.1 million • Management Services: EBITDA up 22% • Technology: 33% EBITDA improvement
Slide 7: Financials – CFO quote
Financials| FY17 H1 For personal use only “Smart Parking’s maiden NPAT was achieved following a $1.5 million improvement from the prior corresponding period despite significant currency fluctuations and the loss of the Asda contract in April 2016. EBITDA rose to $2.1 million while the group EBITDA m
Slide 8: Group Financials
Group Financials| FY17 H1 For personal use only EBITDA margin growth continues into FY17 H1 EBITDA 15,684 15,395 15,000 Up $2.1m on H1 FY16 12,751 EBITDA margin 11,000 10,668 Up from 0.5% to 16.7% Revenue 7,000 $12.8m down 19% on H1 FY16 following Asda contract loss & 3,000 2,133 2,855 foreign excha
Slide 9: Profitability Changes H1 FY17
Profitability Changes| H1 FY17 ($000’s) For personal use only 4,500 4,000 3,500 775 722 3,000 5,695 608 339 444 2,500 2,133 2,000 1,500 1,000 500 72 0 EBITDA H1 Gross profit Loss of Asda Dispute Professional Exchange Other EBITDA H1 FY16 from new settlement fees FY16 Movements FY17 business in FY17
Slide 10: UK Management Services
UK Management Services| FY17 H1 For personal use only EBITDA margin growth continues into FY17 H1 EBITDA 14,767 15,000 13,647 Up 22% on H1 FY16 Up 56% in constant currency 10,826 11,000 9,941 on H1 FY16 EBITDA margin 7,000 Up from 19.2% to 32.0% 4,452 2,840 3,479 Revenue 3,000 $10.8m is down 27% on
Slide 11: UK Management Services ex Asda
UK Management Services| ex Asda For personal use only Growth in parking breach notices set to continue 100,000 Parking Breach Notices 91,538 account for 75% of 90,000 Management Services revenue 81,114 80,000 Incremental EBITDA margin on new sites with technology is 70% 70,000 63,104 Strong growth e
Slide 12: Technology
Technology| FY17 H1 For personal use only Improvement in Revenue & EBITDA result 3,000 EBITDA 2,159 2,000 Performance improves 33% on 1,644 H1 FY16 1,324 1,000 New Wins New contract wins in the UK, New Zealand and 0 Revenue EBITDA Australia (1,000) (1,050) Growth Ahead Stronger performance (1,572) (
Slide 13: Group Financial Position
Group Financial Position For personal use only Completed $11.1m capital raising ($000's) Dec 2016 Jun 2016 Current Assets & Equity reflect $11.1m Current Assets 21,859 11,050 capital raising Non Current Assets 7,221 8,929 Fixed Asset Additions of $0.5m related mainly to the deployment of technology
Slide 14: Group Cash Flow
Group Cash Flow For personal use only Capital raising of $11.1 million funds for ($000's) Dec 2016 Dec 2015 future growth and adds new institutions Operating cash flows (246) (2,178) Net operating cash outflow of $0.2m, Q2 Investing cash flows (351) (1,591) had operating cash inflows of $0.3m Financ
Slide 15: Business Update
BUSINESS For personal use only UPDATE Management Services • UK Services business continues to deliver growth Technology New wins in the UK, New Zealand and Australia
Slide 16: Management Services
Management Services| FY17 H1 For personal use only UK Management Services continues to deliver growth through installation of Automatic Number Plate Recognition [ANPR] technology Revenue from parking breach notices makes up 75% of revenue grew 41% in constant currency in H1 FY17 on H1 FY16
Slide 17: Management Services March Update
Management Services| March Update For personal use only Smart Parking 2017 installations 11 new ANPR sites in January 20 new ANPR sites in February More than 20+ new ANPR expected to be installed in March 25 new installations planned for April Robust pipeline of more than 100 new sites to install be
Slide 18: UK Management Services ex Asda
UK Management Services| ex Asda For personal use only Growth in parking breach notices set to continue 100,000 91,538 90,000 81,114 80,000 70,000 63,104 60,000 50,553 51,263 50,000 45,838 40,000 Parking Breach Notices Issued Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Smart Parking Investor Pres
Slide 19: Management Services – How it works
Management Services |How it works For personal use only Parking management improving customer satisfaction & revenue generation ANPR | Automatic Number Plate Recognition Pay & Display | ANPR Linked Automated Payment System Site Surveys | Real-time information, analysis and trend data Parking Attenda
Slide 20: ANPR – How it works
ANPR | How it works For personal use only Automatic Number/ License Plate Recognition (ANPR) • ANPR parking system: Reliable, accurate, cost effective off-street parking management solution • Proven to serve a wide range of industry: Supermarkets, retail, hotels, hospitals, leisure centres • Smart P
Slide 21: Management Services – UK Customers
Management Services | FY17 H1 For personal use only UK Services business continues to deliver great results OUR UK CUSTOMERS Site installation and customer acquisition continues Over 100 new sites in the pipeline for installation in H2 Smart Parking Investor Presentation | March 2017 20
Slide 22: Technology – 33% Improvement in EBITDA
Technology| FY17 H1 For personal use only 33% Improvement in EBITDA performance Secure new customers across UK, New Zealand and Australia: • Cardiff City Council • Leeds City Council • Wesfarmers Limited (ASX:WES) owned Coles Supermarkets • Wilson Parking New Zealand Smart Parking FY17 H1 Presentati
Slide 23: Technology – How it works
Technology | How it works For personal use only Providing effective parking management solutions around the world SmartCloud SmartRep Server SmartAPI SmartGuide Overhead Sensors Marshal Variable SmartApp SmartTag Handheld Message Signs SmartSpot Pay & Walk SmartEye Smart Parking FY17 H1 Presentation
Slide 24: Technology – Expansion ramps up
Technology| Expansion ramps up For personal use only Expanding across key markets: UK, AUS, NZ | Strengthening sales capacity OUR TECHNOLOGY CUSTOMERS UK: Cardiff City Council order to install an additional 3,000 sensors UK: Leeds City Council order to install 200 sensors Australia: Coles Supermarke
Slide 25: Outlook
OUTLOOK For personal use only • Strong pipeline of business • Growing client relationships • Well placed to capture demand • Investing in technology innovation • Fully funded to execute strategy
Slide 26: Outlook – CEO quote
Smart Parking | Outlook For personal use only “Following the success of our capital raising Smart Parking has begun 2017 fully funded and well placed to execute our growth initiatives and capture global demand. We look forward to expanding our sales and operational capacity in the UK in order to ram
Slide 27: Smart Parking Contact
For personal use only Smart Parking Contact Paul Gillespie Chief Executive Officer paul.gillespie@smartparking.com Richard Ludbrook Chief Financial Officer richard.ludbrook@smartparking.com Media & Investor Enquiries Julia Maguire www.smartparking.com T: +61 419 815 386 Connect with Smart Parking in
Slide 28: Legal Disclaimer
Smart Parking | Legal Disclaimer For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselv