Asset Vision Co Ltd · ASX:ASV
Asset Vision — H1 FY2020 Earnings Presentation
12 slides from Asset Vision's earnings presentation, Feb 27, 2020
Slide 1: Results Presentation
Results Presentation First Half – Financial Results 31 December 2019 www.pscgroup.com.au
Slide 2: Highlights
Highlights A strong operational performance from continuing operations through the delivery of key outcomes set out by the Board and Management Team 26.1M1 1st Half Revenue • A Simplified and Refocussed Business delivering annual revenues of ~$50m, positive operating cashflows and forecasted EBIT be
Slide 3: Simplified and Refocussed Business
Simplified and Refocussed Business • Simplified delivery model operating Technology capability and delivery under one brand, driven by an industry leading sales team, specialist recruitment team and client & Capabilities consultant support teams, operating We provide expert out of Melbourne consulta
Slide 4: 1H FY20 - Review of Financials
1. 1HFY20 – P&L 1H FY20 - Review of Financials 2. Balance Sheet 3. Cash flow www.pscgroup.com.au - 4-
Slide 5: Profit and Loss
Profit and Loss • Continuing operations 1HFY20 1HFY20 1HFY20 1HFY20 • Produced a strong result on the back of a ($'000) ($'000) ($'000) ($'000) number of new client wins Line Item Continuing Discontinued Corporate Statutory • Gross Margins from continuing operations Operations Operations Costs Resul
Slide 6: Balance Sheet
Balance Sheet 31 Dec 2019 30 Jun 2019 Line Item • A Strengthened Balance Sheet has ($'000) ($'000) been achieved by the rationalisation Cash & equivalents 1 2,281 4,286 of assets through divestment Trade and other receivables 6,301 12,760 • Senior debt obligations of $1.8m at 31 Dec Intangibles 28,2
Slide 7: Cash Flow
Cash Flow Key cash flow items 1HFY20 ($’000) 1HFY20 ($’000) 1HFY20 ($’000) 1HFY20 ($’000) Continuing Discontinued Corporate Statutory • Operating Cash Flows from Operations Operations Office Result continuing operations of $2.9m Receipts from customers 32,857 17,120 - 49,977 (inclusive of GST) • Rep
Slide 8: 2HFY20 - Outlook
2HFY20 - Outlook www.pscgroup.com.au -8-
Slide 9: New Vision Today
New Vision Today • Continue to provide services to our We assist clients to build (predominantly digital) products and services (“assets”) for their exclusive commercial benefit via a fee- clients to help them build and for-service model. commercialise their digital assets Like our peers in the indu
Slide 10: Acquisition of Respring
Acquisition of Respring3 • Respring is a strategic consultancy that invests in and/or advises 400K+ digital businesses with the aim of increasing their equity value Unique Visitors Per Annum • Respring is led by Keith Falconer, a highly experienced digital executive with over 30 years experience in
Slide 11: Outlook for 2HFY20
Outlook for 2HFY20 • Second half operational performance expected to be broadly inline with first half with a forecast FY20 revenue of $50m and EBITDA of $5.6m • Continued rationalisation of corporate costs expected to reduce the corporate envelope to an annual run rate of $2.3m by 30 June 2020 • Op
Slide 12: Disclaimer
The material in this presentation is a summary of the results of PS&C Ltd (PS&C) for the half year ended 31st December 2019 as at the 27th February 2020 together with an update on PS&C’s activities and is current at the date of preparation. Further details are provided in the Company’s half year acc