Orcoda Limited · ASX:ODA
Orcoda — Shareholder Meeting (November 2022)
30 slides from Orcoda's shareholder meeting presentation, Nov 29, 2022
Slide 1: Orcoda Limited Annual General Meeting
For personal use only ORCODA LIMITED ANNUAL GENERAL MEETING TUESDAY 29 NOVEMBER 2022
Slide 2: Agenda
Agenda For personal use only 1. Welcome 2. Formal business of the meeting 3. CEO & CFO Presentations & General Questions 4. Conclusion
Slide 3: Formal Business of the Meeting: Financial Statements and Reports
Formal Business of the Meeting For personal use only ITEM 1.1: FINANCIAL STATEMENTS AND REPORTS “To receive and consider the Financial Report, the Directors’ Report, and the Auditor’s Report for the year ended 30 June 2022.”
Slide 4: Item 1.2: Remuneration Report
For personal use only ITEM 1.2: REMUNERATION REPORT “That the Company adopt the Renumeration Report for the year ended 30 June 2022, in accordance with Section 250R(2) of the Corporations Act.” For Open Against Total Abstain 100.00%
Slide 5: Item 2.1: Re-election of Director – Mr Brendan Mason
For personal use only ITEM 2.1: RE-ELECTION OF DIRECTOR – MR BRENDAN MASON “That Mr Brendan Mason who is retiring in accordance with clause 13.2 of the Company’s Constitution and Listing Rule 14.4, and being eligible, offers himself for re-election, to be re-elected as a Director of the Company.” Fo
Slide 6: Item 3.1: Ratify the Prior Issue of 750,000 Shares
For personal use only ITEM 3.1: RATIFY THE PRIOR ISSUE OF 750,000 SHARES “That, for the purposes for ASX Listing Rule 7.4 and for all other purposes, the Company ratifies the issue of 750,000 Fully Paid Ordinary Shares in the capital of the Company on the terms and conditions set out in the Explanat
Slide 7: Item 3.2: Ratify the Prior Issue of 5,833,333 Shares
For personal use only ITEM 3.2: RATIFY THE PRIOR ISSUE OF 5,833,333 SHARES “That, for the purposes of ASX Listing Rule 7.4, and for all other purposes, the Company ratifies the prior issue of 5,833,333 fully paid ordinary shares in the capital of the Company on the terms and conditions set out in th
Slide 8: Item 4: Special Resolution – Additional 10% Issue Capacity
For personal use only ITEM 4: SPECIAL RESOLUTION 4: APPROVAL OF ADDITIONAL 10% ISSUE CAPACITY UNDER LR 7.1A “That, pursuant to and in accordance with Listing Rule 7.1A, and for all other purposes, Shareholders approve the issue of Equity Securities of up to 10% of the issued capital of the Company (
Slide 9: Formal Business of the Meeting Ends
For personal use only Formal Business of the Meeting ends. The CEO will now present Questions from Shareholders 30 Minutes
Slide 10: Thank you for your attendance to the formal part of the AGM
For personal use only Thank you for your attendance to the formal part of the Annual General Meeting. The CEO and CFO will discuss the AGM presentation and be available to answer questions.
Slide 11: Orcoda Limited November 2022
ORGANISED CONNECTED DATA For personal use only 2022 AGM PRESENTATION Orcoda Limited (ASX: ODA) | 29 NOVEMBER 2022 Australia’s leading smart technology solutions provider in transport logistics and transport services NOVEMBER 2022
Slide 12: Important Notices & Disclaimer
ORGANISED CONNECTED DATA IMPORTANT NOTICES & DISCLAIMER For personal use only This presentation has been prepared by Orcoda Limited ACN 009 065 650 (“Orcoda”). The following material is for general information purposes only and should not be relied upon for the making of any investment decision. Any
Slide 13: Orcoda at a Glance
ORGANISED CONNECTED DATA ORCODA AT A GLANCE For personal use only Who we are Orcoda Limited (ASX: ODA) is an integrated technology company that provides smart technology solutions for Our Mission transport logistics and transport infrastructure services. To optimise our clients’ transport operations
Slide 14: Our Journey So Far
ORGANISED CONNECTED DATA OUR JOURNEY SO FAR Well positioned for growth on the back of accelerating digital transformation trend For personal use only Strong Momentum of Resource Connect merged with Acquisition of Betta Group, Commercial Successes SmartTrans acquiring OLMS bolstering smart city and •
Slide 15: Orcoda's Operating Divisions
ORGANISED CONNECTED DATA ORCODA’S OPERATING DIVISIONS For personal use only RESOURCE LOGISTICS DIVISION HEALTHCARE AND TRANSPORT LOGISTICS DIVISION Infrastructure, resources (oil & gas, mining) Healthcare, pathology, community transport, transport logistics Infrastructure, civil and electrical servi
Slide 16: Our Vision and Strategy
ORGANISED CONNECTED DATA OUR VISION AND STRATEGY To be a leading integrated ITMS provider for smart transport of the future For personal use only |6
Slide 17: ESG
ORGANISED CONNECTED DATA ESG For personal use only ORCODA is committed to the principles of ESG as an effective means of creating long-term value. In 2022, we have made a commitment to commence reporting on the ESG disclosures of the Stakeholder Metrics of the World Economic Forum (WEF). We are in t
Slide 18: Recent Financial Results
ORGANISED CONNECTED DATA For personal use only Recent Financial Results (FY20 to 1Q FY23 Financials)
Slide 19: FY22 Financial Highlights
ORGANISED CONNECTED DATA FY22 FINANCIAL HIGHLIGHTS Strong revenue growth | Profitable and positive operating cash flows | Robust balance sheet For personal use only TOTAL INCOME UNDERLYING EBITDA(1) OPERATING CASH FLOWS $16.6m $1.1m $1.1m +89% (6)% 223% vs. FY21 vs. FY21 vs. FY21 NET ASSETS AS OF 30
Slide 20: First Quarter FY23 Financial Highlights
ORGANISED CONNECTED DATA FIRST QUARTER FY23 FINANCIAL HIGHLIGHTS Strong start to FY23 with solid increases across key metrics For personal use only Q1 CUSTOMER RECEIPTS Q1 OPERATING CASH FLOWS $6.8m $1.7m +59% +114% vs. last quarter FY2022 vs. Q1 FY2022 Q1 TOTAL INCOME Q1 Working Capital Available(1
Slide 21: Record Quarter in Customer Receipts
ORGANISED CONNECTED DATA RECORD QUARTER IN CUSTOMER RECEIPTS Positive momentum, with record customer receipts of $6.8m in first quarter FY23 For personal use only 59% Increase over last quarter 8,000 7,000 6,000 5,000 4,000 ($A’000) 3,000 2,000 1,000 0 1Q FY20 2Q FY20 3Q FY20 4Q FY20 1Q FY21 2Q FY21
Slide 22: Growth Strategies
ORGANISED CONNECTED DATA For personal use only GROWTH STRATEGIES
Slide 23: Orcoda Key Growth Strategies
ORGANISED CONNECTED DATA ORCODA KEY GROWTH STRATEGIES Infrastructure spending and acceleration of digital transformation are expected to For personal use only drive the demand for Orcoda Solutions 1. Resource Logistics Division: v Betta Group: (1) support existing core clients’ activities in the Cen
Slide 24: Orcoda's Equity Story in Summary
ORGANISED CONNECTED DATA ORCODA’S EQUITY STORY IN SUMMARY Best-in-category: Market-leading optimisation algorithm for Leading Transport Logistics & Transport Services Provider in For personal use only people, parcel and goods mobility and asset logistics Smart Technology Solutions • Incorporates and
Slide 25: Corporate Snapshot
ORGANISED CONNECTED DATA CORPORATE SNAPSHOT Experienced leadership | Long-term shareholder support | Robust balance sheet for growth For personal use only Nicholas Johansen Non-Executive Chairman Chair Audit Committee Market information Partner Cozens Johansen Law Share price at 23-Nov-2022 (rounded
Slide 26: Appendix: FY22 Summary Financials & Broader Metrics
ORGANISED CONNECTED DATA For personal use only APPENDIX: FY22 SUMMARY FINANCIALS & BROADER METRICS
Slide 27: FY22 Profit & Loss
ORGANISED CONNECTED DATA FY22 PROFIT & LOSS Strong revenue growth and sustained profitability For personal use only v Total income $16.6m, up 89% from FY21 Year ended June 30th v Revenue increase driven by full year FY22 FY21 Change For continuing operations contribution from Betta Group and $m $m $
Slide 28: FY22 Balance Sheet
ORGANISED CONNECTED DATA FY22 BALANCE SHEET Robust balance sheet position to fund future growth For personal use only 30-Jun-22 30-Jun-21 Change v Cash and cash equivalents of $2.4m as of $m $m $m % 30-Jun-22 ASSETS Cash and cash equivalents 2.4 2.4 0.0 0% v Strong focus on working capital managemen
Slide 29: FY22 Statement of Cash Flow
ORGANISED CONNECTED DATA FY22 STATEMENT OF CASH FLOW Strong growth in operating cash flows For personal use only Year ended June 30th FY22 FY21 Change v Increase in receipts from customers and $m $m $m % operating cash flows reflect strong growth Receipts from customers 17.2 8.5 8.7 102% of our busi
Slide 30: For personal use only
ORGANISED CONNECTED DATA For personal use only Orcoda Limited (ASX:ODA) is a leading Australian transport logistics and transport services solutions provider, with expertise in business efficiency and optimisation of processes. We are operational efficiency specialists who supply best-in-class solut