Superloop Ltd. · ASX:SLC
Superloop — H1 2017 Earnings Presentation
30 slides from Superloop's earnings presentation, February 2017
Slide 1: Results Presentation 1H17
suoerloop Results Presentation 1H17
Slide 2: Superloop is a leading independent provider of digital services across Asia Pacific
Superloop is a leading independent provider of digital services across the Asia Pacific region
Slide 3: Agenda
AGENDA 01 1H17 Results & Business Performance 02 Business Update 03 Network Update 04 2H17 Priorities & Outlook A Appendices - BigAir Group 3
Slide 4: 1H17 Results and Business Performance
01 1H17 Results and Business Performance 4
Slide 5: Key Achievements - 1H17
KEY ACHIEVEMENTS - 1H17 AUSTRALIA AU Completed acquisition of BigAir Group on 21 December 2016 and commenced integration and realisation of synergies Expanded coverage with 15 year access agreement for metro fibre, regional and intercapital ethernet capacity (February 2017) HONG KONG HK Completed co
Slide 6: 1H17 Profit & Loss Summary
1H17 PROFIT & LOSS SUMMARY Revenue generated from active customers on live networks ($m) 1H171 1H16 Customer revenue up 337% Customer revenue 8.2 1.9 Direct costs (5.1) (1.5) Gross profit 3.1 0.4 Gross margin up 16.7% Gross margin 37.8% 21.1% Reported EBITDA2 (6.5) (3.5) Underlying EBITDA3 (2.2) (3.
Slide 7: Strong Balance Sheet
STRONG BALANCE SHEET ($m) 31 December 2016 30 June 2016 Well funded for investment in infrastructure Cash & cash equivalents 14.8 45.9 Completed retail component of entitlement Property, plant & equipment 127.4 66.9 offer in July 2016 ($12.8m) Total assets 374.0 127.1 Raised $65.0m in September 2016
Slide 8: Business Update
02 Business Update @® superloop
Slide 9: The New Superloop Group
THE NEW SUPERLOOP GROUP Platform for the delivery of scalable services across the Asia Pacific region $90m+ Annualised revenue1 - being invoiced across Hong Kong, Singapore and Australia 2,300+ Customers - Wholesale, technology, financial services, education, health, resources & construction 591 kms
Slide 10: The New Superloop Group: Operating Segments
THE NEW SUPERLOOP GROUP Operating Segments 1 2 MANAGED SERVICES 3 The acquisition fundamentally enhances the Benefits to the existing BigAir business BigAir’s cloud & managed services business opportunity for Superloop’s fibre business from the acquisition by Superloop Superloop will remain focused
Slide 11: The New Superloop Group: Board and Management
THE NEW SUPERLOOP GROUP Superloop has appointed the Board and senior executive team to guide the Company through its next phase of growth BOARD MANAGEMENT Jason Ashton Matt Hollis Greg Baynton Jason Ashton Bevan Slattery Bevan Slattery Executive Director Executive Director Non-executive Director Exe
Slide 12: BigAir Group Acquisition: Synergies and Integration
BIGAIR GROUP ACQUISITION Synergies and Integration Realised over $1.5 million in annualised corporate overhead savings since December 2016 with further cost savings expected Opportunity to realise additional network savings with expanded Australian capacity Network capabilities Sales Team Integratio
Slide 13: Network Update
03 Network Update @® superloop
Slide 14: BigAir Australian Network
BIGAIR AUSTRALIAN NETWORK BigAir has over 300 points of presence across 12 cities and 120 other locations LEGEND Point of Presence Campus/WiFi AUSTRALIAN NETWORK - Points of Presence: 300 - Cities: 12 - Other Locations: 120 BRISBANE PERTH ADELAIDE SYDNEY CANBERRA MELBOURNE HOBART 14
Slide 15: Superloop & BigAir Australian Network
SUPERLOOP & BIGAIR AUSTRALIAN NETWORK LEGEND Metro fibre 10G Leased capacity AUSTRALIAN NETWORK (Incl. BigAir Group) BigAir Group At 31 December 2016: - Fibre kilometres: 214 - Backbone cores: 288 - Data centres: 50+ BRISBANE - Cable landing stations: 1 - Enterprise buildings: 160+ PERTH ADELAIDE SY
Slide 16: Superloop Expands Australian and International Network
SUPERLOOP EXPANDS AUSTRALIAN AND INTERNATIONAL NETWORK Platform for the delivery of scalable services across the Asia Pacific region 214 kms Metropolitan Fibre Network - in Brisbane, Sydney, Melbourne, Sunshine Coast, Gold Coast 10 Gbps Intercapital Ethernet - Between Brisbane, Sydney, Melbourne, Ad
Slide 17: Combined New Australian Network
COMBINED NEW AUSTRALIAN NETWORK Truly national footprint with extensive regional capacity (available July 2017) LEGEND Metro fibre - 10x increase in capacity on existing Metro Dark fibre IRU intercapital and international bandwidth 10G Leased capacity 100G Intercap IRU - 100 Gbps of regional capacit
Slide 18: Singapore Network
SINGAPORE NETWORK Network Overview At 31 December 2016: Cable kilometres: 155 SINGAPORE Backbone cores: 624 Data centres: 17 Cable landing stations: 2 Enterprise buildings: 30 1,000+ Enterprises in On-Net Buildings 18
Slide 19: Hong Kong Network
HONG KONG NETWORK Network Overview KOWLOON At 31 December 2016: Cable kilometres: 221 Backbone cores: 2x1,000 Data centres: 8 Cable landing stations: - Enterprise buildings: 22 HONG KONG ISLAND 19
Slide 20: TKO Express
TKO EXPRESS Installation and testing complete - on track for customer access in March 2017 TKO Express path: ~3.0 km / Alternate path 1: ~25.0 km / Alternate path 2: ~69.0 km CONNECTING CHAI WAN TO TKO. TECH HUB On track for customer access March 2017 Tseung Kwan O (TKO) TKO Express is the new domes
Slide 21: TKO Industrial Estate
TKO INDUSTRIAL ESTATE Major hub for Financial, Media, Technology and Data Centre companies DATA CENTRES FINANCE AND MEDIA Global Switch HK Stock Exchange DC Digital Realty/Savvis/CenturyLink HSBC Data Centre NTT TKO Next Media Pacnet HKCS1 TVB Media Pacnet HKCS2 Shaw Movie City HK Colo TKO Mega-Plus
Slide 22: Expanded Network
EXPANDED NETWORK SAN FRANCISCO HONG KONG LOS ANGELES INTERNATIONAL NETWORK SINGAPORE International network able to deliver end to end connectivity solutions for carrier/wholesale and enterprise customers in Australia, Singapore, Hong Kong and the United States BRISBANE PERTH ADELAIDE SYDNEY Legend M
Slide 23: 2H17 Priorities & Outlook
04 2H17 PRIORITIES & OUTLOOK @® superloop
Slide 24: 2H17 Priorities & Outlook
2H17 PRIORITIES & OUTLOOK Superloop has established a platform to leverage core infrastructure assets to drive customer acquisition and revenue growth CORPORATE Integrate BigAir and realise cost and revenue synergies Implement appropriate governance and remuneration framework for expanded organisati
Slide 25: Thank You / Disclaimer
THANK YOU Disclaimer Superloop Limited’s (Superloop) consolidated financial results (Results) are prepared in accordance with the Australian Accounting Standards, Superloop is a leading the Corporations Act 2001 (Cth) and Corporations Regulations 2001 independent provider of (Cth). While much of the
Slide 26: Appendices - BigAir Group
@® superloop APPENDICES - BIGAIR GROUP
Slide 27: BigAir Group Overview
BIGAIR GROUP Overview BigAir owns and operates one of Australia's largest B2B fixed wireless broadband networks and also provides a leading cloud and managed services solution to mid-sized corporates ● Co-founded in 2002 by Jason Ashton FIXED WIRELESS CLOUD & CAMPUS SOLUTIONS (Superloop Executive Di
Slide 28: BigAir Group: Strategic Rationale
BIGAIR GROUP Strategic Rationale Complimentary products, aligned cultures and compelling synergies Enhances Superloop’s coverage at strategic sites and locations nationally in particular in regional markets, The acquisition creates a greatly expands the product set and adds depth in technical and sa
Slide 29: BigAir Group: Strategic Rationale (Cont.)
BIGAIR GROUP Strategic Rationale (Cont.) Cloud and managed services business a key pillar The BigAir cloud and managed services business unit will provide a fully integrated and focused managed Many organisations are quickly service offering with a clear statement on market position and products mov
Slide 30: BigAir Group: Strategic Rationale
BIGAIR GROUP Strategic Rationale 100 Gbps — BigAir “fibre extender” millimetre wave (MMW) wireless solutions for 1km-4km services to be combined with Superloop fibre backbone to deliver low cost Gigabit+ access alternative FIBRE OPTICS 10 Gbps — Disruptive MMW technology is being pioneered by compan