Ziff Davis, Inc. · NASDAQ:ZD
Ziff Davis — J2 Global Communications — FBR 12th Annual Spring Investor Conference (May 2008)
17 slides from Ziff Davis's conference presentation, May 28, 2008
Slide 1: FBR 12th Annual Spring Investor Conference
FBR 12 th Annual Spring Investor Conference (Based upon First Quarter 2008 results) May 28, 2008
Slide 2: Safe Harbor for Forward-Looking Statements
Future operating results Subscriber growth, retention and usage levels Fax and voice service growth New products, services and features Corporate spending Liquidity Network capacity, coverage and security Regulatory developments Taxes Certain statements in this presentation constitute “forward-looki
Slide 3: Risk Factors
Risk Factors Inability to sustain growth in our customer base, revenue or profitability Competition in price, quality, features and geographic coverage Higher than expected tax rates or exposure to additional tax liability Inability to obtain telephone numbers in sufficient quantities on acceptable
Slide 4: Messaging/Communications as a Service
All brand names and logos are trademarks of j2 Global Communications, Inc. or its affiliates in the U.S. and/or internationally. Messaging/Communications as a Service
Slide 5: Core j2 Global Assets
Core j2 Global Assets 11.2 million Subscribed Telephone Numbers (DIDs) 1,099K Paid DIDs Global Advanced Messaging Network Over 3 ,000 cities in 44 countries on 5 continents 17.4M + unique DIDs worldwide in inventory Intellectual Property 56 issued patents and l icensing programs designed to monetize
Slide 6: Subscriber Acquisition
Individuals Targeted marketing (search, online media and radio) Sold through: eFax.com, eVoice.com, Onebox.com, Fax.com, j2.com , and other brand websites Use of proprietary Life Cycle Management Advertising, Up-selling, and Calling-Party-Pays revenue supports the Free base Small to Mid-Sized Busine
Slide 7: Seven Drivers for Paid DID Additions
Seven Drivers for Paid DID Additions Subscribers coming directly to the Company’s Websites/Telesales Brand awareness driven by demand-generation programs and “word of mouth” Search engine discovery Accounts for over 40% of monthly paid DID signups Free-to-Paid subscriber upgrades Life Cycle Manageme
Slide 8: Financial Highlights/Guidance
Financial Highlights/Guidance
Slide 9: GAAP Results
(1) Includes SFAS 123(R) non-cash compensation expense. (2) Includes SFAS 123(R) non-cash compensation expense, net of tax benefit. (3) See slide 15 for a reconciliation to the nearest GAAP financial measure. GAAP Results GAAP Revenues $58.6M Gross Profit/Margin (1) $47.0M 80.2% Operating Profit/Mar
Slide 10: 2008 Guidance
2008 Guidance (Reaffirmed 05/28/08) $1.45 - $1.65 GAAP EPS $240 - $270 Revenues (M) 2008 EPS is based on GAAP which includes SFAS 123(R) non-cash compensation expense.
Slide 11: Phone People
PHONE ff PEOPLE”
Slide 12: Similar Services to Onebox
Similar Services to Onebox Dedicated voicemail Individual FM/FM Virtual PBX Operationally Lean Company Managed for Cash Flow Sellers were a Family Currently Offers Only Toll-Free Numbers Emphasizes Search for Own Number Opportunity to Create Best of Breed Services/Marketing Integration to Occur over
Slide 13: Global
Global j2 ), Communications {2 Global Communications 2008
Slide 14: Revenues
Revenues DIDs Financials 2 Global ), Communications
Slide 15: Computation of Free Cash Flow
(1) Net cash provided by operating activities, less purchases of property & equipment. Free Cash Flow amounts are not meant as a substitute for GAAP, but are solely for informational purposes. Computation of Free Cash Flow ($ in millions) Q1 '06 Q2 '06 Q3 '06 Q4 '06 Q1 '07 Q2 '07 Q3 '07 Q4 '07 Q1 '0
Slide 16: Usage of Corporate and Web High Volume Users
Usage of Corporate and Web High Volume Users
Slide 17: j2 Global Communications
j2) Global Communications
J2 Global Communications — FBR 12th Annual Spring Investor Conference (May 2008) on 6ix