Dxn Ltd. · ASX:DXN
Dxn — Investor Presentation (February 2020)
20 slides from Dxn's investor presentation, Feb 12, 2020
Slide 1: Giving You The Edge - Investor Presentation
For personal use only GIVING YOU THE EDGE At DXN we believe in challenging the status quo of how modern data centres enable the edge Investor Presentation February 2020
Slide 2: Disclaimer
Disclaimer For personal use only This presenta tion has ben prepa red by DXN Li mi ted ACN 620 888 548 (DXN or the Company). Ea ch recipient of this presenta tion is deemed Important to ha ve a greed to accept it is s ubject to the qualifications, limitations and disclaimers set out below. None of D
Slide 3: DXN Investment Highlights
DXN Investment Highlights For personal use only • Acquisition of Hobart DC expected to materially add to DXN earnings - FY19 revenue of c$860k and EBITDA of c$450k from tier 1 contracted clients, with scope to increase revenue and earnings for minimal capital/operating expenditure. • Contribution to
Slide 4: Who we are
For personal use only Who DXN Limited (ASX: DXN) designs, builds, owns and operates data DXN has become the first modular data centre developer in the world to receive both TIER-Ready III we are centres. Our modular approach provides agile, rapid and TIER-Ready IV design review awards. DXN has also
Slide 5: Tasmanian Data Centre
Tasmanian Data Centre Significant contribution to revenue For personal use only and EBITDA • DXN has entered into an agreement to purchase DC3, a Data Centre in Hobart Tasmania, from TasmaNet for a cash price of $2.7m (plus incentive payment) which represents 6 X EBITDA • FY19 revenue of approximate
Slide 6: DXN Business Overview
DXN Business Overview For personal use only Two Core Business Streams DXN designs, builds, owns and operates data centres and our modular approach provides agile, rapid and flexible DC’s built to global best practice standards. Tier III and Tier IV DXN Modules DXN Data Centres • Pre-fabricated modul
Slide 7: Vision for the next 12 months
Focus on sales • Complete sales of 1MW or 148 racks in DXN-SYD01 For personal use only • Modules sales of >$12M (on Track - $7M secured to date) Market Development Vision for • Edge DC Design and Build the next • • SE Asia, Pacific and Australia First Edge DC Development in regional 12 months Austra
Slide 8: Market Growth driving DXN Module sales
Market Growth driving For personal use only DXN Module sales: Australian Colocation Data Centre Market Market estimated grow estimated to beto a 50Billion billion Dollar Dollars industry by 2023 by 2025 $AU M 20% 9% Compound Compound annual growth rate increase in Australia estimated increase betwee
Slide 9: Edge and Modular DC Market
Edge and Modular DC Market Market Proof Points For personal use only 19% Edge market CAGR of DXN Current Regional DC NSW Government DXN currently in 19% to 2024. capacity to construct deployments announced a $100M discussions with a Driven by 5G and the IOT is 7MW PA expected to increase investment
Slide 10: Market growth driving DXN Data Centre sales
Market growth driving For personal use only DXN Data Centre sales: Australian Colocation Market estimated to be a Billion Dollar industry by 2023 $AU M 9% Compound annual growth rate in Australia increase from 2017 - 2023 Frost and Sullivan February 2020 10
Slide 11: DXN-SYD01
DXN-SYD01 For personal use only Location Sydney Olympic Park Tier III (Design and Build) & IV (Design) Size of Facility 4600 Sqm Technical Area 3500 Sqm Capacity 6MW Initial Fit Out 1MW Live 19 Aug 2019 • DC is now live and ready for business. • Carrier Neutral Edge Data centres build by skilled in-
Slide 12: DXN-SYD01 Sales
DXN-SYD01 For personal use only Sales Utilities • DXN has a channel first model which is 16% helping customer reach. • Signed twelve (12) Channel Partners with an additional four (4) targeted before the DXN-SYD01 end of Q3 FY20. Telco Unweighted Channel • Q3 FY20 sales from Channel partners 25% 44%
Slide 13: Modules Market for DXN
Modules Market for DXN For personal use only Hyperscale and Telco and Cable Landing Mining Micro DC Edge Government Stations • 1-10Mw • Edge Deployment • Pre Fabricate • Purpose Built • Plug and play, fully Deployment • 20kW to 1MW specific for • High Quality integrated solution • 200-2000 Racks • 5
Slide 14: Modules work in hand and pipeline
Subsea Cable Operators 10% Mining Modules Government/ Utilities 2% 1% Telco For personal use only 21% Work in Hand $7m Unweighted Module • AGIG Modular $710k Pipeline • Synergy Maintenance $75k $470m • Southern cross $2.4m DC Operator • Additional contracts expected in Q3 FY20 >$2m 66% Pipeline • PT
Slide 15: Recent contracts signed AGIG and Synergy
Recent contracts signed AGIG and Synergy • AGIG own and operate infrastructure that delivers gas to more than two million Australian For personal use only homes and businesses. They deliver gas that supports the Australian economy – for power generators, mines and manufactures. • The data centre tha
Slide 16: Southern Cross Cable - recent contract signed
Southern Cross Cable – recent contract signed • Southern Cross owns and operates a Trans- Pacific submarine cable network connecting For personal use only Australia, New Zealand, Fiji, Hawaii to the internet backbone on the United States West Coast • Southern Cross cable is a world leader on reliabi
Slide 17: FY20 Trading Update
FY20 Trading Update • DXN currently has $7.0m work in hand (WIH) for FY20 - 400% above FY19 For personal use only $8,000,000 • Contracts currently in various stages of production: • Synergy $580k (Complete) $7,000,000 • Radlink $1m (Final stage) $6,000,000 400% • Niue $600K (Complete) Growth $5,000,
Slide 18: Corporate Overview
Corporate Overview Financial Information For personal use only Share Price as at (7/02/2020) $0.047 Shares on issue (including 80.5m escrowed shares) 454.21m Market Capitalisation $21.35m Cash as at (7/02/2020) Excluding $2m in restricted cash $2.6m Debt ANZ (revolving facility $5m drawn to $3.4m) $
Slide 19: Leadership Team
Leadership Team For personal use only MATTHEW MADDEN GREG BLENKIRON SHALINI LAGRUTTA CARDIN BRANSGROVE GEORGE LAZAROU SIMON FORTH Chief Executive Officer Chief Financial Officer Chief Operations Officer Global Head of Sales – Head of Sales – Data Company Secretary Infrastructure Centre Services Broa
Slide 20: Board of Directors
Board of Directors For personal use only DOUGLAS LOH TERRY SMART RICHARD CARDIN JOHN DUFFIN JOHN BAILEE TIM DESMOND Non-executive chairman Independent Non-executive Non-executive director Independent Non-executive Independent Non-executive Non-executive director director director director Mr Desmond