Tz Limited · ASX:TZL
Tz — Merger or Acquisition (October 2024)
22 slides from Tz's merger presentation, October 2024
Slide 1: TZ to acquire high margin, recurring revenue PropTech company Keyvision Holdings Pty Ltd
#01 TZ TO ACQUIRE HIGH MARGIN, RECURRING REVENUE PROPTECH COMPANY KEYVISION HOLDINGS PTY LTD
Slide 2: How TZ came to Keyvision
#02 How TZ came to Keyvision Keyvision had by far the best and most extensive 1. TZ has traditionally focused on the Corporate and Educational platform. Sectors Keyvision had already started commercialisation 2. TZ wanted to explore opportunities back into the high growth High Density Residential ma
Slide 3: What is Keyvision?
#03 What is ? Keyvision is a high margin, recurring revenue PropTech company based in Melbourne, Victoria. A PropTech's purpose is to transform the built world and make it more digital, climate-conscious and efficient by applying innovative Tech. Keyvision supplies: A Tenant App to high rise complex
Slide 4: What is a tenant community app
#04 What is a tenant community app A micro social platform for a thriving tenant community. Communication; retail offerings; all services and amenities; building operations and facilities, payments and special events. Providing an additional layer of convenience, connectivity and value for the tenan
Slide 5: TZ and Keyvision would be the only fully integrated supplier
#05 TZ and Keyvision would be the only fully integrated supplier as competitors outsource locker supply TZ, a smart locker company, specialises in providing secure, intelligent locker systems for package delivery, asset management, and personal storage across real estate, logistics, and corporate se
Slide 6: Opportunities
#06 Opportunities Keyvision areas of operation A Tenant App for notifications, bookings and management of the following services in a premium residential apartment complex Commercial Basketball courts Game nights Recreational sport facilities Residential & High-Rise Apartments Bike storage and maint
Slide 7: Annual cost of Tenant App is $24 to $48 – less 1% of the Strata Fee
#07 Annual cost of Tenant App is $24 to $48 – less 1% of the Strata Fee or Body Corporate Fee Monthly fee Minimum 812/8 Marmion Place, Docklands Tenant App Set-Up Fee Annual Fee per Apartment Monthly Fee Sold for $470,000 Beds 2 | Bath 1 | Car 1 Council Rates $918.03 per annum Appfolio $400-$2,000 $
Slide 8: Why Keyvision chose TZ
#08 Why Keyvision chose TZ TZ product, especially API capability, far superior Software Established corporate development team presence Australia, US, Singapore and UK Cloud management Global finance team Existing client base Regulatory and statutory compliance 24-hour global tech services Registere
Slide 9: TZ and the cross-sell opportunity to existing clients
#09 Lumi Hanoi TZ and the cross-sell opportunity to existing clients The CROSS-SELL opportunity Tech Park Chennai India TZ has existing clients, like CapitaLand, Frasers and Guocoland in Asia, who use TZ as their Smart Locker provider. These clients are Marina Bay Sands Residences potential cross se
Slide 10: The Acquisition Metrics – industry multiples
#10 The Acquisition Metrics – industry multiples Short listed and negotiated High activity and valuations The purchase to be paid out Identified of the cashflow of with 4 target companies, in this PROPTECH market sector 55 companies globally the combined businesses 3 local and 1 UK October 2021 Marc
Slide 11: The acquisition is subject to due diligence and the receipt of any necessary approvals
#11 The acquisition is subject to due diligence and the receipt of any necessary approvals 1. Completion payment of $2.5M on settlement – anticipated 31 December 2024 Instalment Payments and Bonus 2. Progressive instalment payments over 4 years based on Keyvision achieving Annual Revenue Targets Pay
Slide 12: Compelling Financials
#12 Compelling Financials “Based on current modelling, TZ To achieve that target The company will require the combined expects that operating cash flows ANNUAL RECURRING REVENUE (ARR), generated by the combined currently at over $5M per annum, to reach $10.5M in 4 years. That will require 20% pa ent
Slide 13: The Keyvision Platform
#13 The Keyvision Platform
Slide 14: The Keyvision Commercial and Retail Platform
#14 The Keyvision Commercial and Retail Platform
Slide 15: Keyvision Residential and Build-to-Rent Platform
#15 Keyvision Residential and Build-to-Rent Platform 9,139 5,476 213,601 Key Benefits and Transformative Outcomes from this Case Study Project Registrations Member keys Parcels & Deliveries 1. Customised APP implementation 2. Streamlined workflow Contractor management including planned preventative
Slide 16: Keyvision Commercial and Retail Platform
#16 Keyvision Commercial and Retail Platform 7,346 5,970 117,713 Key Benefits and Transformative Outcomes from this Case Study Project 1. Centralised Data: Unified access to all project information. Registrations Event attendees Total NLA 2. Streamlined Processes: Simplified workflows and coordinati
Slide 17: Keyvision Master Planned Community Platform
#17 Keyvision Master Planned Community Platform 5,730 3,262 14,386 Key Benefits and Transformative Outcomes from this Case Study Project 1. Boosting Member Engagement Registrations Residences Help desk 2. Promoted Residents Mobile App through newsletters, reminders, and events. 3. As of June 2024, 4
Slide 18: Major Keyvision deployments
83 Pirie Street Adelaide Q&A Centre Brisbane Major Keyvision deployments 720 Bourke Street Melbourne Banksia Docklands Melbourne Escala Docklands Melbourne YarraBend Alphington Melbourne 83 Pirie Street Adelaide 18 The One Residence Brisbane Beyond Apartments Hurstville Sydney
Slide 19: Major Keyvision deployments
140 William Street Perth Sanctuary Lakes Melbourne Union Quarter Spotswood Melbourne Major Keyvision deployments 1 William Street Brisbane Collins Arch Melbourne Freshwater Place Southbank Melbourne Brisbane Quarter 19
Slide 20: Some of the properties under contract
Aqui Promenade Melbourne M Centre Monash Melbourne United Care Aged Living Leichhardt Sydney Prima Tower Some of the properties under contract 300 George Street Brisbane Abode 318 Southbank Reflecting resort living; retirement aged care; Melbourne residential and office towers Milton Green Brisbane
Slide 21: Disclaimer
#20 Disclaimer This Presentation has been prepared by (and is the sole responsibility of) TZ Limited ACN 073 979 272 (ASX: TZL) (TZ or the Company) for the purposes of giving an update to the market in relation to the Company’s proposed acquisition of Melbourne-based PropTech company Keyvision Holdi
Slide 22: Past performance; Forward-looking statements
#21 Past performance This Presentation may contain information in relation to the past performance of TZ and/or Keyvision. Such information is given for illustrative purposes only and is not – and should not be relied upon as – an indication of future performance. Forward-looking statements This Pre