Smart Parking Limited · ASX:SPZ
Smart Parking — Coffee Microcaps Technology Conference 2022
14 slides from Smart Parking's conference presentation, Nov 9, 2022
Slide 1: Coffee Microcaps Technology Conference
For personal use only Smart Parking Limited (ASX:SPZ) Coffee Microcaps Technology Conference 9 November 2022 CEO Paul Gillespie smartparking.com
Slide 2: Smart Parking Ltd (ASX:SPZ)
Smart Parking Ltd (ASX:SPZ) A global company focused on delivering industry leading technology, For personal use only profitable and cashflow positive with a strong balance sheet Revenue ($000s) 11,314 Parking management services 9,767 Provision of parking management solutions, predominantly servici
Slide 3: Recovery and growth track record
Recovery and growth track record Disciplined execution of growth strategy delivering results For personal use only Revenue ($000s) Adjusted EBITDA ($000s) Free Cash Flow ($000s) 11,314 8,094 2,689 2,643 2,449 9,767 8,940 8,127 1,574 7,592 991 5,780 849 5,508 562 1,118 3,828 (768) Q1 Q2 Q3 Q4 Q1 Q2 Q
Slide 4: On track for 1,500 sites by June 2025
On track for 1,500 sites by June 2025 | Site growth in FY22 at 36% UK ANPR roll out continues For personal use only • 303 new sites in FY22. • Completed acquisition of 900 NE Parking (UK) with 517 839 manually operated sites. % Opportunity to convert suitable 31 GR sites to ANPR ongoing. CA 619 Grow
Slide 5: Smart Parking - How it works
Smart Parking - How it works | Parking management improving customer satisfaction and revenue generation For personal use only • SPZ operates and manages thousands of car park spaces using proprietary Smart Parking Motorist Validation & payment Enters the carpark at Machines facilitate pay & walk AN
Slide 6: Smart Parking commercial model
Smart Parking commercial model Parking management improving customer satisfaction For personal use only and revenue generation High ROI • Average CAPEX investment is AUD$18,000 • ROI of c.7 months • FY22 Group adjusted EBITDA margin of 23%, Parking Management 29%, funds expansion into new territorie
Slide 7: International growth
International growth | Currently operating in four territories around the world For personal use only Parking Regulations Apply PRIVATE LAND Licence Plate Recognition in Use PRIVATE LAND Licence Plate Recognition in Use PRIVAT PARKPLATZ Customer Parking Only Customer Parking Only XX–XX 123 Purchase
Slide 8: New markets and M&A
New markets and M&A | Disciplined acquisition track record - complements strong organic growth Ongoing For personal use only The Company is pursuing earnings accretive M&A opportunities and July January utilising operating 2021 leverage to accelerate Successfully launched Successfully launched a tec
Slide 9: Q1 FY23 Business Update
For personal use only Q1 FY23 Business Update
Slide 10: Q1 FY23
Q1 FY23 For personal use only 900 Revenue of Adjusted EBITDA Total $10.8m up $2.7m up 21% 12% sites up 7% *As at 30 Sept 2022 compared to 30 June 2022 *Compared to PCP *Compared to PCP Cash of 1,500 Growth in parking breach notices up $ 9.3m 26% *At 30 Sept 2022 *Compared to PCP Global sites target
Slide 11: Strong growth underway
Strong growth underway | Q1 FY23, PBNs up 26% on PCP For personal use only Group Parking Breach Notices Issued FY20 Average Quarterly PBNs 76,384 FY21 Average Quarterly PBNs 74,837 FY22 Average Quarterly PBNs 135,625 Q1 FY23 PBNs (down 2% on FY20) (up 81% on FY21) (up 26% on PCP) 178,208 21,754 156,
Slide 12: FY23 – Margin expansion
FY23 – Margin expansion • Q1 revenue up 21% on PCP. • Investment in Germany of $0.37m. Revenue ($000s) Adjusted EBITDA ($000s) For personal use only • German office opened 1st January 2022. 11,314 10,831 • Adjusted EBITDA up 27% excluding 9,767 $0.37m investment in Germany. 8,940 8,127 • Excluding G
Slide 13: FY23 execution priorities
FY23 execution priorities For personal use only • Continue to make strong progress towards growth target of 1,500 global sites under management by June 2025. • Execution of organic UK growth strategy - we are very early in the long term growth runway. • Continue successful and profitable internation
Slide 14: Thank you.
For personal use only Thank you. Paul Gillespie | Group CEO | paul.gillespie@smartparking.com Richard Ludbrook | Group CFO | richard.ludbrook@smartparking.com smartparking.com
Smart Parking — Coffee Microcaps Technology Conference 2022 on 6ix