Veris Limited · ASX:VRS
Veris — NWR Virtual Conference 2022
20 slides from Veris's conference presentation, May 4, 2022
Slide 1: NWR Virtual Conference
NWR Virtual Conference 04 May 2022 Michael Shirley, CEO Steve Harding, CFO
Slide 2: Veris
Veris A strongly positioned, well capitalised, simplified pure-play spatial data services business Year-on-year Fully funded with Combining Clear, refined and Strong, committed Positioned for revenue, earnings strong core national strength progressing and identified sustained and margin competency a
Slide 3: Driving value through the power of spatial data
Driving value through the power of spatial data Planning National operating Professional Value Trusted spatial platform services approach through data data business The national surveying, To be sustainable, we are Our strategy pivots us towards planning and digital and implementing a professional t
Slide 4: Significant progress on strategy execution
Significant progress on strategy execution INVESTMENT IN STRATEGY EMPLOYEE KEY ACCOUNT SPATIAL DATA INDIGENOUS BOARD EXPERIENCE FOCUS AND STRATEGY PARTICIPATION COMPOSITION GROWTH PROGRESS › Building staff › Key Account › Investment in leading-edge › Alliance with Indigenous- › Continuing the proces
Slide 5: Veris Australia has a leading client base
Veris Australia has a leading client base Property Infrastructure Mining and Defence Utilities Government Resources 5 Denotes key clients
Slide 6: Q3 financial highlights
Q3 financial highlights* Delivering revenue and margin improvements as operating conditions continue to normalise SUSTAINED REVENUE GROWTH HIGHER REVENUE STRENGTHENING IMPROVING GROWTH (YTD) (MONTHLY) EBITDA TRAJECTORY Sustained QoQ Revenue YTD 31 March 2022 revenue EBITDA in Q3 FY22 Confidence in r
Slide 7: Balance Sheet
Balance Sheet 31 MAR 22 (UNAUDITED) $m OVERVIEW Cash 15.0 Balance sheet strongly positioned to: Debtors & WIP 20.3 P,P&E 9.8 • drive continued investment in technological offering; AASB16 Leases – ROUA 14.5 Deferred Tax Assets 4.1 • leverage efficiencies in our operating model; and Other 2.6 • provi
Slide 8: Areas of financial performance
Areas of financial performance DIGITAL & SPATIAL Gross Margin per hour Revenue Gross Margin comparison 82% FY19 – FY21 50% Up on budget 44% Per hour higher than overall REGIONAL OVERALL PERFORMANCE QLD Revenue TAS Revenue Sydney Gross Gross Margin Growth Growth Margin per hour per hour 30% Over 2 ye
Slide 9: Veris Australia pipeline and outlook
Veris Australia pipeline and outlook Committed and identified pipeline of work which continues to grow Despite the current In addition to our forward Healthy, unsecured Strong focus on economic uncertainty due workload, we anticipate project pipeline has conversion of to COVID-19, our secured ongoin
Slide 10: Veris Australia the Path Forward
Veris Australia the Path Forward Our strategy is clear, refined and is progressing, with Sustainable Sustainable core elements of the strategy showing Profit Dividends results We will grow sustainably in a We will have a strong balance sheet allowing We have a positive outlook measured and performed
Slide 11: Contact us
Contact us Investor and Media Relations enquiries: Steve Harding Phone: (08) 6241 3333 Email: communications@veris.com.au Simon Hinsley Phone: +61 401 809 653 Email: simon@nwrcommunications.com.au
Slide 12: Disclaimer
Disclaimer This Document should not be considered as an offer or law, Veris and its officers, employees, related bodies corporate invitation to subscribe for or purchase any securities in Veris and agents (‘Associates’) disclaim all liability, direct, indirect or Limited (“Veris” or the “Company”) o
Slide 13: Appendix: Veris – national leader in spatial data services
Appendix Veris – national leader in spatial data services 13
Slide 14: Who we are and how we deliver solutions to clients
Who we are and how we deliver solutions to clients Veris Australia is a leading provider of spatial data services. ENGINEERING PROPERTY SURVEY SURVEY Civil construction and Land surveying, cadastral and engineering survey consulting solutions for urban solutions for major renewal and greenfield infr
Slide 15: Veris Australia platform
Veris Australia platform 2019/2020 • Establishment of new Leadership Team • Internal efficiency and operational overheads • Financial discipline and project controls 2021/2022 • Key Account focus and growth • Technology and Capability Investment • Built an Employer Brand Identity • Indigenous Partic
Slide 16: Smarter decision-making through the power of spatial data
Smarter decision-making through the power of spatial data Veris are experts in all aspects of spatial data – from collecting measurements in the field to applying the latest 3D data capture, AI, analysis, modelling and visualisation technologies. • High-Quality fit-for purpose • Securely store the d
Slide 17: 3SiDe + Vantage = DaaS
3SiDe + Vantage = DaaS • The tools are about easy, secure access to spatial data. • The unique aspect of spatial data is that it is visual – its value is commonly represented in maps and 3D models. • Our DaaS enables people to draw value from the data through visualisations to extract insights witho
Slide 18: Innovative, end-to-end spatial solutions delivering value for our clients
Innovative, end-to-end spatial solutions delivering value for our clients We are already unlocking the power of these solutions on a portfolio of current projects. CLIFF STABILITY MODELLING TUNNEL PARADISE GORGE AND VISUALISATION MONITORING LANDSLIDE MONITORING South Australia NSW Tasmania • First p
Slide 19: A solid foundation
A solid foundation Providing a platform for growth BY WE HAVE • addressing under • positioned performance ourselves to win • restructuring the • engaged staff and business the market • stabilising • a platform for growth operations that delivers on our spatial data business strategy. • developing a
Slide 20: Aqura sale – use of funds
Aqura sale – use of funds Funds from the sale of Aqura will allow Veris to implement a measured and sustained approach to: • Capital management strategies to enhance shareholder returns in the short and medium term, including adopting a sustainable Dividend Policy • Balance sheet strength to support