Comms Group Ltd · ASX:CCG
Comms — Shareholder Meeting (November 2020)
13 slides from Comms's shareholder meeting presentation, Nov 24, 2020
Slide 1: Annual General Meeting
For personal use only CommsChoice Group Limited (ASX:CCG) Annual General Meeting 24 November 2020 CommsChoice Group | FY20 Results 1
Slide 2: Chairman - Mr John Mackay
For personal use only Chairman Mr John Mackay CommsChoice Group | FY20 Results 2
Slide 3: Managing Director and CEO Address
For personal use only Managing Director and CEO Address Mr Peter McGrath CommsChoice Group | FY20 Results 3
Slide 4: CommsChoice Business Summary
CommsChoice Business Summary For personal use only CommsChoice is a leading business Telco service provider with a broad product suite servicing SME & corporate customers and wholesale & partner customers. Primarily operating in Australia and increasingly offshore supporting corporate customers and
Slide 5: Financial Performance FY20
Financial Performance FY20 For personal use only *Operating Expenses include restructuring costs and share based payments. CommsChoice Group | FY20 Results 5
Slide 6: Balance Sheet
Balance Sheet For personal use only Strong balance sheet – debt free Cash of $2.4m at 30 June 2020 $1m in undrawn lease & WC facilities DTA of $0.8m brought on to balance sheet relating to carried forward tax losses of approx. $3m CommsChoice Group | FY20 Results 6
Slide 7: Recent Developments
Recent Developments Business Update and Asia Pacific Growth Potential For personal use only Business trading conditions have been challenging for the first four months of the financial year, particularly for the SME sector with Covid-19 related issues. We have seen some reduction in demand and reduc
Slide 8: Our expanding global network
Our expanding global network For personal use only CommsChoice is a leader in Microsoft Teams calling for global businesses particularly in the Asia Pacific region. Extensive international network with the most extensive Asia Pacific coverage. Recently completed expansions into China, Japan and the
Slide 9: Outlook
Outlook For personal use only As we announced in FY20 full year result update in August 2020, we anticipated FY21 revenue to be impacted by more challenging trading conditions which is a result of: customers deferring new purchase decisions; and lower volumes in line with the pullback in local and w
Slide 10: Proposed Holding Company Name Change
Proposed Holding Company Name Change Comms Group Limited For personal use only Shareholders are voting today on changing the holding company name to: Comms Group Limited The Company believes that this is a better overall holding company name for the business as it plans to acquire other businesses a
Slide 11: Pillar Growth Strategy
4 Pillar Growth Strategy For personal use only Domestic Wholesale Overseas Strategic Growth Partners Growth Acquisitions • SME • Contact centre / • Corporate IT service • SME • Corporate Multi-national provider, • Corporate (MNC) Global Telcos Cloud business phone, SIP services, CTS and Global cloud
Slide 12: Disclaimer
Disclaimer For personal use only The material in this presentation is a summary of CommsChoice Group’s (CCG) activities and results, and is current at the date of preparation, 23 Nov 2020. Further details are provided in the Company’s full and half year accounts and results announcements released to
Slide 13: For personal use only
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