Hansen Technologies Limited · ASX:HSN
Hansen Technologies — Shareholder Meeting (November 2024)
32 slides from Hansen Technologies's shareholder meeting presentation, Nov 21, 2024
Slide 1: Hansen 2024 AGM – Chairman’s Address and CEO Presentation
ASX / Media Release Hansen 2024 AGM – Chairman’s Address and Global CEO & Managing Director’s Presentation Today’s AGM address by Hansen Technologies Chairman – David Trude, and presentation by Global CEO & Managing Director– Andrew Hansen, are attached, along with the associated presentation slides
Slide 2: Chairman’s Address
ASX / Media Release Chairman’s Address Introduction Good morning ladies and gentlemen. My name is David Trude and as Chairman, I welcome you to the 25th Annual General Meeting (AGM) of Hansen Technologies Limited. This is the fifth year our AGM is being held virtually, and we are very pleased to hav
Slide 3: Chairman’s Address: FY24 Overview and Highlights
ASX / Media Release Shareholders attending the meeting online will be able to cast their vote using the electronic voting card received when online registration is validated. As previously advised, voting on resolutions is open and will remain so until five minutes after the end of the meeting. Plea
Slide 4: FY24 Overview
ASX / Media Release From an Innovation standpoint, we capitalise only a small portion of our overall R&D. In addition to the 400,000 hours of innovation shown on this slide, we deliver significant amount of billed innovation activities across many of our products. The powercloud integration is on tr
Slide 5: Global CEO & Managing Director’s Presentation
ASX / Media Release Global CEO & Managing Director’s Presentation Thank-you Chairman and good morning everyone. Before I go through the presentation, I too would like to spend a few moments to discuss David Osborne. David has been a continuous Non-Executive Director of the Group since 2006. His expe
Slide 6: Meet the executive team - ready for the next phase of growth
ASX / Media Release Meet the executive team - ready for the next phase of growth Before I discuss the dynamics we are seeing in the market-place I thought I should spend some time on the recent leadership changes. The leadership team is designed to prepare the company for the next growth phase. We h
Slide 7: Sustainability and powercloud restructuring
ASX / Media Release We are taking a phased approach on our journey to become net-zero. I am delighted to share that for the third year in a row our Australian operations have been certified as carbon neutral by Climate Active. More importantly, our Australian emissions are declining even as our busi
Slide 8: FY25 Outlook
ASX / Media Release The Group’s guidance for revenue remains unchanged. We are experiencing current FX headwinds but the global FX rates in November are moderating and it's still early in the year. We would like to highlight that 2H25 is expected to be significantly stronger due to the timing of the
Slide 9: Annual General Meeting
ANNUAL GENERAL MEETING 21st November 2024 © HANSEN
Slide 10: Important Notice
This presentation has been prepared by Hansen Technologies Limited (Hansen) Information contained in this presentation: Definitions: IMPORTANT NOTICE • Is intended to be general background information only, • FY19 = financial year ended 30 June 2019 and is not intended that it be relied upon as advi
Slide 11: CEO, Board of Directors & Company Secretary
CEO, BOARD OF DIRECTORS & COMPANY SECRETARY Shown below are the Hansen Board of Directors and the Company Secretary. Details of each Director’s qualifications, experience and special responsibilities are set out in the 2024 Annual Report. Mr Andrew Hansen Mr David Trude Ms Julia Chand Mr Don Rankin
Slide 12: Agenda
AGENDA • Chairman's Address • CEO’s Presentation • FY25 Update • Formal Business © HANSEN 4
Slide 13: Chairman’s Address
CHAIRMAN’S ADDRESS David Trude - Chairman © HANSEN
Slide 14: FY24 Highlights
FY24 HIGHLIGHTS Operating revenue up 7.3%* from FY23 Underlying Cash EBITDA up 11.1%* 13.2% Operating revenue growth from FY23 including Demonstrating ongoing strong cash generation Hansen’s powercloud. Energy & Utilities revenue up 14.7%, No one (ex. powercloud) Underlying Cash EBITDA has increased
Slide 15: FY24 Revenue & Earnings
FY24 REVENUE & EARNINGS Hansen Core powercloud Hansen Group Consistent cash generative financial performance, Making structural changes while focusing on Temporary drag on margins while we establish scalable driven by predictable and recurring revenue addressing the risks of the turnaround strategy
Slide 16: CEO Presentation
CEO PRESENTATION Andrew Hansen – Global CEO & Managing Director © HANSEN
Slide 17: About Hansen
ABOUT HANSEN Hansen (ASX: HSN) is a founder led global provider of software and services to the energy, water and communications industries. With our award-winning software suite, we help customers in over 80 countries to create and deliver new products and services, engage with customers, and contr
Slide 18: A Long-term Track Record of Value Creation Through M&A
A LONG-TERM TRACK RECORD OF VALUE CREATION THROUGH M&A 11 Successful acquisitions since 2008 2008 2010 2013 2013 2014 2015 2016 2016 2017 2019 2024 Peace Nirvanasoft ICC Utilisoft Banner Telebilling PPL HiAffinity Enoro Sigma powercloud Increased Expansion Extends HSN Adds 15 new Adds a water Adds E
Slide 19: Meet the executive team - ready for the next phase of growth
MEET THE EXECUTIVE TEAM - READY FOR THE NEXT PHASE OF GROWTH ANDREW HANSEN GLOBAL CEO AND MANAGING DIRECTOR Andrew Hansen has served as a Director and CEO since 1993, guiding the company through decades of innovation and growth. Under his leadership, Hansen has successfully navigated the transition
Slide 20: Both Verticals Are Well Diversified Across The Globe
BOTH VERTICALS ARE WELL DIVERSIFIED ACROSS THE GLOBE Energy & Utilities Communications & Media $201.6m FY24 Operating Revenue $148.9m FY24 Operating Revenue Revenue by Billing Revenue by Billing Country Country • The sector is transforming, driven by innovations behind the meter, • The sector is und
Slide 21: Sustainability
SUSTAINABILITY Our innovative and market-leading products are actively supporting zero-emission energy solutions and helping to improve access to affordable, reliable, and modern energy services. 13 © HANSEN
Slide 22: FY25 Update
FY25 UPDATE Andrew Hansen – Global CEO & Managing Director © HANSEN
Slide 23: Powercloud Restructuring Is Near Completion
POWERCLOUD RESTRUCTURING IS NEAR COMPLETION Utilising our proven acquisition and integration playbook we have refocused the powercloud business What have we done? What's next? End State PHASE 1 - Complete PHASE 2 - Underway PHASE 3 • Total annualised restructuring savings of approx. • Become EBITDA
Slide 24: Powercloud Restructure
POWERCLOUD RESTRUCTURE We are using our standard ‘Hansenisation’ approach to rapidly transform powercloud Rationalised the structure from circa 400 staff to Refocused R&D investment 140 staff to the Core platform (RCS) Reduced the total cost Aligned with our customer base by ~$27m on an base to deli
Slide 25: FY25 Guidance Reaffirmed
FY25 GUIDANCE REAFFIRMED FY25 GUIDANCE FY25 Operating Revenue $398m - $405m 5% - 7% • Step change in topline growth achieved over the last 2 years FY25 Growth vs FY24 including annualised powercloud revenue of $44.2m expected to continue from the diversified global business FY25 Underlying EBITDA •
Slide 26: FY25 Outlook
FY25 OUTLOOK Our most recent acquisition, We have several significant new powercloud is on track after a client opportunities across both significant turnaround largely verticals that we are aiming to completed within 9 months close in the next 12 months We are experiencing tailwinds The new vertica
Slide 27: Formal Business
FORMAL BUSINESS Shareholder Resolutions Confidential & Proprietary Information © HANSEN
Slide 28: Consideration of Accounts and Reports
CONSIDERATION OF ACCOUNTS AND REPORTS To table the financial report of the Company and its controlled entities and the related reports of the Directors and Auditors for the year ended 30 June 2024 and to provide members with the opportunity to raise any issues or ask any questions generally of the D
Slide 29: Resolution 1: Adoption of Directors’ Remuneration Report
RESOLUTION 1: ADOPTION OF DIRECTORS’ REMUNERATION REPORT In accordance with the requirements of the Corporations Act, adopt the Remuneration Report for the year ended 30 June 2024 as it appears in the Directors’ Report within the Annual Report 2024. Proxy Votes received FOR OPEN1 AGAINST ABSTAIN 78,
Slide 30: Resolution 2: Election of Ms Rebecca Wilson
RESOLUTION 2: ELECTION OF MS REBECCA WILSON That Ms Rebecca Wilson, a Director appointed by the Board effective from 28 March 2024 until this annual general meeting of the Company in accordance with the Company’s Constitution and being eligible and having signified her candidature for Office, be and
Slide 31: Resolution 3: Grant of Performance Rights to Managing Director
RESOLUTION 3: GRANT OF PERFORMANCE RIGHTS TO MANAGING DIRECTOR MR ANDREW HANSEN FOR FINANCIAL YEAR ENDING 30 JUNE 2025 That for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of 115,151 Performance Rights to Mr Andrew Hansen under the Hansen Technologie
Slide 32: Hansen
© HANSEN
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