Iph Ltd. · ASX:IPH
Iph — Morgans Annual Queensland Conference 2015
24 slides from Iph's conference presentation, Oct 21, 2015
Slide 1: ASX Announcement: Presentation to Morgans Conference
ASX Announcement For personal use only 21 October 2015 Presentation by David Griffith to Morgans Conference Attached is a presentation to be given later today by IPH’s Managing Director, David Griffith to the Morgans Annual Queensland Conference 2015. For more information, please contact: David Grif
Slide 2: IPH Limited - Morgans Annual Queensland Conference 2015
For personal use only IPH Limited Morgans Annual Queensland Conference 2015 21 October 2015 Presenter David Griffith ‐ Managing Director, IPH Limited 1
Slide 3: Disclaimer
Disclaimer For personal use only This document has been prepared by IPH Limited (IPH) and comprises written materials/slides for a presentation concerning IPH. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, sell or other
Slide 4: Contents
Contents For personal use only 1. Business Overview 2. FY15 Business Performance and Market Update 3. Acquisitions 4. FY16 Strategic Initiatives 3
Slide 5: 1. Business Overview
For personal use only 1. Business Overview 4
Slide 6: IPH Overview
IPH Overview For personal use only IPH Limited (“IPH”) listed on the ASX in November 2014. IPH is the holding company of Spruson & Ferguson, Fisher Adams Kelly, Pizzeys, Callinans and Practice Insight employing a highly skilled multidisciplinary team of approximately 350 people in Australia, Sin
Slide 7: Service Model - IPH's Hub Strategy
Service Model ‐ IPH’s Hub Strategy For personal use only Key to IPH’s strategy is its operation of IP service hubs IPH operates two key IP hubs (Australia and Singapore) – “one‐stop” service for clients co‐ordinating IP applications in 25 countries across Asia‐Pacific IPH’s hub strategy has es
Slide 8: Service Model - Workflow and IP Lifecycle
Service Model – Workflow and IP Lifecycle For personal use only The long IP lifecycle allows IPH companies to generate revenue for matters for a number of years into the future Timelines Up to 31 months Generally 2‐5 years Up to 20 years Patents Renewal / Phase Filing Prosecution Management / Enforc
Slide 9: 2. FY15 Business Performance and Market Update
For personal use only 2. FY15 Business Performance and Market Update 8
Slide 10: FY15 Financial Highlights
FY15 Financial Highlights For personal use only FY15 pro forma NPAT exceeded prospectus forecast by 29.8%, and was 41.1% above FY14 Underlying (constant currency) earnings ahead of Prospectus forecasts Pro forma NPAT of $30.9m (EPS 19.6c), 41.1% ahead of previous year Significant net benefits
Slide 11: Operational Highlights
Operational Highlights For personal use only A defining year for IPH IPO: Successful IPO in November 2014 ‐ IPH is an ASX 300 company. Acquisitions: IPH acquired four businesses within 10 months from IPO ‐ Practice Insight (Apr’15) ‐ Pizzeys (Sep’15) ‐ Fisher Adams Kelly (May’15) ‐ Callinans (ex
Slide 12: Market Overview - Global Trend in Patents
Market Overview – Global Trend in Patents For personal use only Growing trend in international PCT patent applications Growing trend of PCT applications filed in key jurisdictions (USA and Europe) is a strong indication of increasing number of PCT national phase patent applications to be filed in
Slide 13: Market Overview - Asian Patent Market
Market Overview – Asian Patent Market For personal use only Growing patent market in Asia SG, ID, TH, MY VN & PH Total Patent Filings 12000 10000 8000 CY10 CY11 6000 CY12 CY13 4000 CY 14 (1) 2000 0 Singapore Indonesia (3) Thailand (2) Malaysia Vietnam Philippines 12 Data Source: WIPO, IPH (1) CY14 p
Slide 14: Market Overview - AU & SG Patent Markets
Market Overview – AU & SG Patent Markets For personal use only Flat patent market in Australia; growth in Singapore Number of patent applications filed at IP Australia It is estimated that over 10,000 patent applications in FY15 was lower than expected. were filed at IPOS in CY14. Total Patent F
Slide 15: Market Overview - IPH patent market share in AU & SG
Market Overview – IPH patent market share in AU & SG For personal use only No 1 IP group in Australia and Singapore Australia: IPH has 22% patent market share and Singapore: IPH (SF (Asia) ) has 24% patent market holds no 1 market position share and holds no 1 market position IPH Patent Market S
Slide 16: Market Overview - IPH patent market share in Asia
Market Overview – IPH patent market share in Asia For personal use only IPH maintains strong patent market position in key jurisdictions in Asia IPH (SF (Asia)) Patent Market Share ‐ Asia (CY 13) 30% 25% 25% 20% 15% 12% 10% 8% 8% 6% 5% 4% 1% 0% Singapore Malaysia Philippines Indonesia Viet Nam Thail
Slide 17: 3. Acquisitions
For personal use only 16 3. Acquisitions
Slide 18: Practice Insight
Practice Insight For personal use only Acquisition of Practice Insight is one step into the valuable IP adjacent business market Completed acquisition in April 2015 IP data analysis and business applications software Highly capable team of software developers lead by Thomas Haines Revenue ge
Slide 19: Fisher Adams Kelly
Fisher Adams Kelly For personal use only Acquisition of an Australia IP firm is aimed at consolidating the fragmented IP market in Australia Completed acquisition on 28 May 2015 Brisbane based patent & trade mark attorneys, established over 30 years Strong local and foreign client base Award
Slide 20: Pizzeys
Pizzeys For personal use only Acquisition of an Australia IP firm is aimed at consolidating the fragmented IP market in Australia Completed 30 September 2015. Purchase consideration of $73.6m, subject to final accounting adjustments. Earn‐out capped at $13.3m based on increase in FY16 earnings
Slide 21: Callinans
Callinans For personal use only Acquisition of an Australia IP firm is aimed at consolidating the fragmented IP market in Australia Completion is expected by 30 October 2015. Purchase consideration (including earn‐out) of $11.5m, subject to final accounting adjustments, plus the assumption of em
Slide 22: 4. FY16 Strategic Initiatives
For personal use only 4. FY16 Strategic Initiatives 21
Slide 23: Future Growth Initiatives
Future Growth Initiatives For personal use only Goal – “To be the leading IP group in secondary markets” 1 Maintain and grow patent market share in Singapore Open offices and acquire well established IP firms in other Asian countries Asian Growth Increase patent market share in other Asian cou
Slide 24: Thank you
For personal use only 23 Thank you