Swoop Holdings Limited · ASX:SWP
Swoop — Shareholder Meeting (November 2022)
30 slides from Swoop's shareholder meeting presentation, Nov 25, 2022
Slide 1: 2022 Annual General Meeting – Chairperson's Address
ASX ANNOUNCEMENT 25 November 2022 2022 Annual General Meeting – Chairperson’s Address Ladies and Gentlemen, I am pleased to present my second Chair’s address for Swoop, and our first full financial year since being listed. It was only 18 months ago that Swoop Holdings Limited, a telecommunications c
Slide 2: Chairperson's Address (continued) and About Swoop
We believe in the company we are operating and as such over the last quarter commenced an on-market share buy-back of up to 10% of the companies issued share capital; and to date have completed the acquisition of 54.1% of the shares able to be acquired. I would again like to thank my fellow Director
Slide 3: 2022 Annual General Meeting
20 22 Annua l Ge ne ra l Me e ting 2 5 No ve m b e r 2 0 2 2 1
Slide 4: Logging into the Investor Portal
Log g ing into the Investor Portal Sh a re h o ld e rs w ho w ish to vo te virt ua lly ne e d to lo g in to t h e Au to m ic we b site : https://investor.automic.com.au/#/loginsah Th e n e n te r yo ur use rna m e a nd p a sswo rd . Fo r fu rt h e r a ssist a nce c a ll 130 0 28 8 6 6 4 . 2
Slide 5: Agenda
Ag end a 1. Ch a irm a n ’s a d d re ss 2. CEO p re se n t a t io n 3 . Re so lu t io n s 4 .Po ll 5 . Q &A 3
Slide 6: Chairman's Address
Cha irm a n’s Ad d re ss 4
Slide 7: CEO Presentation
CEO Pre se ntatio n 5
Slide 8: Important Notice & Disclaimer
Im p ortant Notice & Disclaim er This presentation has been prepared by and is being issued by Swoop Holdings Limited ACN Future performance – Past performance information provided in this presentation may not be 009 256 535 (ASX: SWP) (Company or Swoop) for information purposes only. Each recipient
Slide 9: FY22 Financial Highlights
FY22 Financial Hig hlig hts Re ve n u e $51.7m +6 7 % Yo Y1 6 7% Gro w t h 12 9 % Gro w t h Gro s s Ma rg in $28.3m +6 0 % Yo Y1 Un d e rlyin g EBITDA $13.0m 6 0 % Gro w t h 3 9 % Gro w t h +12 9 % Yo Y1 EBITDA Ma rg in 25% +3 9 % Gro w t h Yo Y1 Notes: 1. Year on year comparisons shown above are to
Slide 10: Acquisitions Recap
Acq uisitions Recap 7 accretive acquisitions 8th acquisition (Moose) Targeted infrastructure in Fixed completed prior to June 30 completed in Q2 FY23 Wireless, Resell, Fibre, Voice 8
Slide 11: Acquisition Highlight – Moose Mobile
Acq uisition Hig hlig ht – Moose Mob ile Mo o s e Mo b ile is a Q u e e n s la n d b a s e d n a t io n a l m o b ile virt u a l n e t w o rk o p e ra t o r ( MVNO) Co m p le t io n a n t ic ip a t e d Se p t e m b e r 2 0 2 2 Mo o s e p ro vid e s o ve r 9 7,0 0 0 m o b ile s e rvic e s o n t h e O
Slide 12: Focus on Integration and Automation
Focus on Integ ration and Autom ation Continue to build Achieved 94% of targeted Additional 25% annualised platforms and turn stuff off synergies from acquisitions synergies identified to be in FY23 in FY22 delivered in FY23 10
Slide 13: FY23 Q1 Update
FY23 Q1 Up d ate Ca s h Re c e ip t s $18.6m +3 4 % Q o Q Se rvic e s in O p e ra t io n 40,907 +24 % Q o Q Ne t O p e ra t in g Ca s h $3.3m +10 % Q o Q F re e Ca s h F lo w ($1.2m) 11
Slide 14: Summary
Sum m ary Expanding organic Acquisitions integrating well and Focus on Customer Obsession revenue growth growing better under Swoop and building on our strong brand. High Margin Scale & Acquisition synergies Leverage the experience and capabilities Products delivered in FY22 and future to build the
Slide 15: Resolutions
Re so lutio ns 13
Slide 16: Logging into the Investor Portal
Log g ing into the Investor Portal Sh a re h o ld e rs w ho w ish to vo te virt ua lly ne e d to lo g in to t h e Au to m ic we b site : https://investor.automic.com.au/#/loginsah Th e n e n te r yo ur use rna m e a nd p a sswo rd . Fo r fu rt h e r a ssist a nce c a ll 130 0 28 8 6 6 4 . 14
Slide 17: Financial statements and reports
Financial statem ents and rep orts The first ite m o f b usine ss is to re ce ive t he fina nc ia l re p o rt o f t he Co m p a ny a nd t he re p o rt s o f t he Dire c to rs a nd o f t he Aud ito rs fo r t he fina nc ia l ye a r e nd e d 30 J une 20 21. The fina nc ia l re p o rt a nd t he re p o r
Slide 18: Resolution 1: Remuneration Report
Resolution 1: Rem uneration Rep ort Th e Re m u n e ra t io n Re p o rt fo r t he fina nc ia l ye a r e nd e d 30 J une 20 22 a s d isc lo se d in t h e Co m p a ny’s An nua l Re p o rt b e a d o p te d . 16
Slide 19: Resolution 1: Proxy votes
Re so lutio n 1: Proxy vo te s Resolution For Against Discretionary Unusable Total 1. Ad o p t io n o f re m u n e ra t io n 4 ,6 27,70 9 21,8 71 23 ,34 2 - 4 ,6 72,9 22 re p o rt 9 9 .0 3 % 0 .4 7% 0 .50 % - 17
Slide 20: Resolution 2: Re-election of Director – Anthony Grist
Resolution 2: Re-election of Director – Anthony Grist Tha t , fo r t he p urp o se o f Art ic le 4 1.2 o f t he Co nst it ut io n, ASX List ing Ru le 14 .4 a n d fo r a ll o t he r p urp o se s, Ant ho ny Grist , a Dire c to r h a vin g b e e n a p p o inte d b y t h e Bo a rd , re t ire s, a nd b e
Slide 21: Resolution 2: Proxy votes
Re so lutio n 2: Proxy vo te s Resolution For Against Discretionary Unusable Total 2. Re -e le c t io n o f Dire c to r 25,8 77,553 13 ,76 5 23 ,34 2 - 25,9 14 ,6 6 0 9 9 .8 6 % 0 .0 5% 0 .0 9 % - 19
Slide 22: Resolution 3: Ratification of prior issue of consideration shares – Luminet acquisition
Resolution 3: Ratification of p rior issue of consideration shares – Lum inet acq uisition Th a t , fo r t h e p urp o se s o f ASX List ing Rule 7.4 a nd fo r a ll o t he r p u rp o se s, t h e Sha re ho ld e rs ra t ify t he issue o n 1 Ap ril 20 22 o f a to t a l o f 1,4 8 2,8 54 fully p a id o r
Slide 23: Resolution 3: Proxy votes
Re so lutio n 3: Proxy vo te s Resolution For Against Discretionary Unusable Total 3 . Ra t ific a t io n o f p rio r issu e o f co n sid e ra t io n sh a re s – 39 ,357,553 12,3 0 5 23 ,34 2 - 39 ,39 3,20 0 Lu m in e t a c q u isit io n 9 9 .9 1% 0 .0 3 % 0 .0 6 % - 21
Slide 24: Resolution 4: Ratification of prior agreement to issue consideration shares
Resolution 4 : Ratification of p rior ag reem ent to issue consideration shares – Telco Pay acq uisition Th a t , fo r t h e p urp o se s o f ASX List ing Rule 7.4 a nd fo r a ll o t he r p u rp o se s, t he Sha re ho ld e rs ra t ify t he a g re e m e nt to issue a to t a l o f 9 ,8 8 1,4 23 fully
Slide 25: Resolution 4: Proxy votes
Re so lutio n 4 : Proxy vo te s Resolution For Against Discretionary Unusable Total 4 . Ra t ific a t io n o f p rio r a g re e m e n t to issu e 39 ,357,56 2 12,3 0 5 23 ,34 2 - 39 ,39 3,20 9 co n sid e ra t io n sh a re s – Te lco Pay a c q u isit io n 9 9 .9 1% 0 .0 3 % 0 .0 6 % - 23
Slide 26: Resolution 5: Approval of financial assistance – Telco Pay acquisition
Resolution 5: Ap p roval of financial assistance – Telco Pay acquisition Th a t fo r t h e p urp o se s o f se c t io n 26 0 B(2) o f t he Co rp o ra t io ns Ac t a n d fo r a ll o t he r p urp o se s, a p p rova l is g ive n fo r fina nc ia l a ssist a nce to b e p ro vid e d b y Te lco Pa y P t y
Slide 27: Resolution 5: Proxy votes
Re so lutio n 5: Proxy vo te s Resolution For Against Discretionary Unusable Total 5. Ap p ro va l o f fin a n c ia l a ssist a n ce – Te lco Pay 39 ,358 ,0 22 12,3 0 5 23 ,34 2 - 39 ,39 3,6 6 9 a c q u isit io n 9 9 .9 1% 0 .0 3 % 0 .0 6 % - 25
Slide 28: Poll
Po ll 26
Slide 29: Q&A
Q&A 27
Slide 30: swoop.com.au
swo o p .co m .a u 28