Wisetech Global Ltd. · ASX:WTC
Wisetech Global — Shareholder Meeting (2019)
22 slides from Wisetech Global's shareholder meeting presentation, 2019
Slide 1: 2019 Annual General Meeting of Shareholders
2019 Annual General Meeting of Shareholders
Slide 2: Andrew Harrison, Chair
Andrew Harrison Chair WiseTech GLOBAL
Slide 3: WiseTech Global FY19 financial highlights
WiseTech Global FY19 financial highlights Delivered significant, high quality growth while expanding technology lead and global footprint REVENUE EBITDA NPAT* TOTAL SHAREHOLDER ($million) ($million) ($million) RETURN (%) 348.3 108.1 54.1 WiseTech Global shares ASX 200* 127 77 78.0 40.8 56 221.6 31.9
Slide 4: WiseTech Global FY19 financial highlights
WiseTech Global FY19 financial highlights SIGNIFICANT HIGH recurring LOW HIGH innovation LOW sales and PROFITABLE high revenue HIGH quality customer product development marketing EBITDA margin + growth revenue attrition investment expense cash generative 99% recurring <1% 32% 14% ↑39% EB
Slide 5: WiseTech Global
WiseTech GLOBAL
Slide 6: WiseTech dividend and shareholder return
WiseTech dividend and shareholder return Outperformed ASX200 by 693% since listing in April 2016 WiseTech Global share price v S&P/ASX200 Dividend FY19 Interim dividend: 1.50c (Apr 19) Final dividend: 1.95c (Oct 19) Total 3.45cps fully franked Rebased to 100 Dividend policy Payout ratio of up to 20%
Slide 7: Our people are changing the world of logistics one innovation at a time
Our people are changing the world of logistics one innovation at a time EMPLOYEES EMPLOYEES EMPLOYEES BY BY FUNCTION BY REGION AGE DIVERSITY (%, as at 30 June 2019) (%, as at 30 June 2019) (%, as at 30 June 2019) Product design and Australia and Under 30 21% development 47% New Zealand 35% Europe 29
Slide 8: Richard White, Founder & CEO
Richard White Founder & CEO WiseTech GLOBAL
Slide 9: Our innovations and global technology enable, improve and empower the world's supply chains
Our innovations and global technolo: enable, improve and empower the world’s supply chains. We are a force <> = for good, improving productivity, _ connectivity and resource usage across >= 150 countries worldwide.
Slide 10: CargoWise One… operating system for global logistics
CargoWise One… operating system for global logistics Strong foundation for future technology, seamless rollout, scalable capacity, global solutions Relentless platform expansion with ~700 enhancements annually 9
Slide 11: Our technology is used by the world's logistics providers across ~150 countries
Our technology is used by the world’s logistics providers across ~150 countries 12,000+ logistics organisations globally are customers(1) ~150 countries(2) 50+ billion data transactions in CargoWise One annually(3) 4+ million development hours over two decades ~1,900 valued employees(4) across 50+ o
Slide 12: Powerful growth strategy – multiple levers
Powerful growth strategy – multiple levers + + Transactions/users Modules Innovation + Increase new Stimulate Accelerate and expansion customers on network organic of our global the platform effects growth Geographies Industry platform consolidation through acquisitions Greater usage by existing cus
Slide 13: Increasing investment in relentless innovation
Increasing investment in relentless innovation Significant pipeline of longer-term innovations across existing verticals and new adjacencies 830+ product upgrades and enhancements in FY19 32% of revenue invested in innovation in FY19 47% employees focus on product development >760,000 unit tests exe
Slide 14: CargoWise One – building out the Cargo Chain and Compliance Chain
CargoWise One – building out the Cargo Chain and Compliance Chain Adding powerful engines, machine learning, new products and execution capability, global data sets Trade and border Landside logistics Cargo chain ecosystem compliance ecosystem and land transport CargoWise neXus 13
Slide 15: Strategic acquisitions – secured key assets swiftly
Strategic acquisitions – secured key assets swiftly Small targeted acquisitions provide safer, faster, stronger entry to new markets for global customs We are well-progressed, our global customs footprint now covers… 80% GDP 74% imports 30 of 60+ countries(1) 14 1. G20+20 countries. G20 countries is
Slide 16: Adjacencies feed into our innovation pipeline to build ecosystems
Adjacencies feed into our innovation pipeline to build ecosystems Targeting key plug-ins to our global development or multi-regional adjacencies that can scale 15
Slide 17: Integration process
Integration process Evolution of strategic assets involves comprehensive reshaping of commercial model Foothold 12 ─ 36 mths 3 ─ 12 mths 0 ─ 36 mths Adjacencies 3+ years Integrate operations Develop product Grow revenue TECHNOLOGY Global customers access new capability integrated in CargoWise One DE
Slide 18: Widening our reach, building industry ecosystems
Widening our reach, building industry ecosystems 17
Slide 19: High growth outlook for FY20
High growth outlook for FY20 Execution on strategy to deliver strong growth in FY20 440-460 Revenue FY20 revenue (1) $m $440m - $460m 348.3 26% - 32% FY20 growth vs FY19 221.6 FY20 EBITDA (1,2) 153.8 $145m - $153m 102.8 34% - 42% 70.0 FY20 growth vs FY19 56.7 43.0 1. Revenue invoiced in a range of c
Slide 20: Visit our investor centre for more information on WiseTech Global
Visit our investor centre for more information on WiseTech Global www.wisetechglobal.com/investors Videos Presentations Other materials 19
Slide 21: FY20 guidance and assumptions
FY20 guidance and assumptions Growth in revenue and EBITDA FY19 FY20 guidance Revenue $348.3m $440 – $460m EBITDA(1) $108.1m $145m – $153m What is included in the guidance: What is not included in the guidance: • Retention of existing customers with organic usage growth consistent • Revenue from new
Slide 22: Important notice and disclaimer
Important notice and disclaimer CONTENT OF PRESENTATION FOR INFORMATION PURPOSES ONLY Visit www.wisetechglobal.com/investors FORWARD-LOOKING STATEMENTS PREPARATION OF INFORMATION This presentation may contain statements that are, or may be deemed to be, forward-looking All financial information has