Cooks Coffee Company Limited · NZX:CCC
Cooks Coffee — Investor Presentation (October 2022)
24 slides from Cooks Coffee's investor presentation, Oct 12, 2022
Slide 1: Capital Raising - Investor Presentation
12 October 2022 Capital Raising - Investor Presentation Cooks Coffee Company Limited (NZX:CCC) has released a presentation to potential investors as part of the placement alongside the previously announced rights issue. The company will be using this presentation in investor roadshows to commence in
Slide 2: Proposed dual listing on the Aquis Stock Exchange Growth Market
Proposed dual listing on the Aquis Stock Exchange Growth Market in November 2022 Investor Presentation
Slide 3: Company Management
Company Management Keith Jackson Craig Brown Aiden Keegan Executive Chairman Chief Financial Officer Managing Director, Great Britain Tony McVerry David Hodgetts Managing Director, Managing Director, Ireland and Europe Triple Two Coffee 2
Slide 4: Cooks Coffee Company Introduction
Cooks Coffee Company Introduction No 4 111 stores Cooks Coffee Cooks owns Cooks is building Cooks growing estate Cooks is currently listed Company is the fourth the international IP a business of ethical currently comprises on the New Zealand Stock largest coffee focused and master coffee brands wit
Slide 5: Cooks Positioning
Cooks Positioning The company is building a group of ethical coffee chains with community spirit. CCC has an ongoing commitment to establish objectives that will manage the organisation’s impact directly and actively on society and environmental sustainability. The very specific USP’s within this in
Slide 6: Esquires Coffee brand overview
Esquires Coffee has 91 cafés, with 91 50 in the UK, 15 in Ireland as at cafes 30th September 2022. The brand is positioned as premium mainstream and has a strong reputation for its organic coffee, contemporary food offering and its local franchisee ownership. Its certified carbon neutral roastery ha
Slide 7: Triple Two rapid expansion
Triple Two has seen rapid expansion since being founded in 2016, starting with a kiosk in the Brunel Centre, Swindon. Triple Two brand is positioned as a premium boutique coffee provider that offers a high quality food offering. Delivery partnerships with Deliveroo, Uber Eats, Just Eat and Too Good
Slide 8: The UK Coffee Sector and Trends
The UK Coffee Sector UK Coffee Trends Allegra estimates the UK branded The main trends driving coffee shop coffee shop segment to be valued development are: at £4.4 billion with the industry demonstrating a significant bounce • Working from home is seeing back close to pre-Covid levels of more deman
Slide 9: UK & Ireland Locations
UK & Ireland Locations As at the end of September 2022, Cooks’ brands collectively had 111 cafés across the UK, Europe, the Middle East, and South Asia, and the company forecasts the number of cafés to grow to more than 200 by FY25. Cooks had a total of 70 cafés in the UK making it the fourth larges
Slide 10: Growth Plans: More, bigger, & better cafes
Working from home is driving growing demand outside of Growth Plans city centres. Considerable opportunities for expansion of brand Grow existing outlets via additional More, bigger, formats and channels via organic development transactions & spend of existing real estate footprint and via & better
Slide 11: Outlet Economics NZD
Outlet Economics Store - Capital Store - Revenue NZD Indicative investment for Indicative key a 160 sqm new store fit out store financials Franchise Fee $39,000 Sales p.a. $700,000 Professional Fee(Legal, Design etc) $20,000 Cost of Goods $196,000 28.0% Equipment $100,000 Labour $182,000 26.0% Furni
Slide 12: Revenue Mix
Revenue Mix The Key sources of Revenue for Cooks are: Revenue Mix FY23 - FY25 100% Recurring Operational Revenues: 90% Royalties 80% 70% Marketing Fees that are used 67.8% 72.5% 60% 77.2% to support the brand 50% Supplier incentives 40% 30% Capital Revenues: 20% 32.2% 27.5% Sale of café franchises 1
Slide 13: CCC - 111 Cafés at 30 September 2022
CCC - 111 Cafés Board Of Directors at 30 September 2022 Keith Jackson, Michael Hutcheson, Paul Elliott, Peihuan Wang, Michael Ambrose. Craig Brown Chief Financial Officer Esquires Coffee Esquires Coffee Franchise Development (UK) Triple Two Coffee Houses (Ireland) (Master Franchisee Markets) Aiden K
Slide 14: Resilient Performance April - August 2022
Resilient Performance April - August 2022 ESQUIRES COFFEE UK ESQUIRES COFFEE IRELAND performing well April- August now back to pre-Covid FY22 v FY19 (Pre-Covid) trading patterns Café sales were up 46.9%, & LFL stores Longer periods of restriction in Ireland, were up 2.4% v 2019 pre Covid levels. nor
Slide 15: Fundraising
Fundraising The Company is aiming to raise £1.5 million from the New Zealand open offer and UK placing at a fundraising price of NZ$0.36 (£0.18) per new share. The fundraising will enable Cooks 18 October 2022 Rights Issue Opening Date Coffee Company to accelerate the opening of new stores, expand i
Slide 16: Investment Summary
Investment Summary Cooks Coffee’s brands make up the fourth largest Benefiting from a resilient recovery from the Covid-19 period coffee focused chain and the largest solely and the change with the growth of working from home. No 4 franchisor focused café chain in the UK & Ireland. Expanding revenu
Slide 17: Appendix
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Slide 18: Historical Financial Results
Historical Summary Statement of Financial Performance Summary Statement of Financial Position Financial Results FYE 31 March NZ$'000s FY2020 Actual FY2021 Actual FY2022 Actual As at 31 March NZ$'000s FY2020 Actual FY2021 Actual FY2022 Actual In FY22 the business has recovered well post Revenue - Con
Slide 19: Franchised Regions
Franchised Regions Cooks has 26 cafes operated by its Master Franchise partners in 7 countries. The strategy is to support the existing Master Franchise partners as they build their networks. Saudi Arabia has 12 cafes and has opened in a prestigious location in the new airport terminal at the Jeddah
Slide 20: Board
Board Keith Jackson Mike Hutcheson Michael Ambrose Paul Elliott Peihuan Wang Executive Independent Director Independent Director Independent Director Director Chairman Mike co-founded Paul Elliott has Peihuan Wang is Keith has an leading NZ Michael is an extensive experience the Chairman and extensi
Slide 21: Management Team
Management Team Craig Brown Aiden Keegan Tony McVerry David Hodgetts Chief Financial Officer Managing Director, Managing Director, Managing Director – Esquires, Great Britain Esquires, Ireland Triple Two Coffee Craig has extensive experience in senior Aiden has more than 20 Tony is the former master
Slide 22: Contact Us
Contact Us VSA Capital London Park House, 16-18 Finsbury Circus London, EC2M 7EB United Kingdom t +44 (0)20 3005 5000 e mail@vsacapital.com Disclaimer: In order to participate in the fundraise of the Company via your broker or VSA Capital you will need to be a Qualified Investor in accordance with t
Slide 23: Disclaimer
the communication of invitations or Relevant Persons. Any person who is Disclaimer inducements to engage in investment not a Relevant Person should not rely activity pursuant to the Financial upon or act upon this document. This Teaser is being issued by Cooks Services and Markets Act 2000 The distr
Slide 24: Contact Details
Contact Details: cookscoffee@investor-focus.co.uk
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