3p Learning Ltd. · ASX:3PL
3p Learning — Shareholder Meeting (November 2015)
21 slides from 3p Learning's shareholder meeting presentation, Nov 19, 2015
Slide 1: 3P Learning 2015 Annual General Meeting
Tel: +61 2 9019 2800 Fax: +61 2 8214 5869 ABN: 50 103 827 836 19th November 2015 For personal use only 3P Learning 2015 Annual General Meeting (AGM) Sydney, Australia AGM Presentations of the Chairman and the CEO follow ENDS For further Information, please contact: Tim Power, Managing Director Jonat
Slide 2: Chairman's Presentation: Introduction and mission
For personal use only CHAIRMAN’S PRESENTATION ANNUAL GENERAL MEETING NOVEMBER 19, 2015 Introduction Good afternoon ladies and gentlemen and welcome to the 3P Learning 2015 Annual General Meeting. It is my pleasure to share with you the highlights of the Company’s first full year as a company listed
Slide 3: 3P Learning's growth strategy
For personal use only 3P Learning’s growth strategy During the year the Company accelerated its expansion in overseas jurisdictions, with the growth in Americas particularly encouraging. By the end of the 2015 financial year, the number of licences in Americas was close to 1 million, and the number
Slide 4: Concluding remark
For personal use only Concluding remark The unique culture of innovation combined with entrepreneurial flair that is behind the success of 3P Learning in all of its markets was recognised a few months ago when our CEO, Tim Power, was named the EY Entrepreneur of the Year in the Tech Sector, Australi
Slide 5: Tim Power, CEO and Jonathan Kenny, CFO
For personal use only Tim Power 2015 AGM Presentation 19 November 2015 Tim Power – Chief Executive Officer | Jonathan Kenny – Chief Financial Officer
Slide 6: Agenda
For personal use only Agenda 01 Overview 3 02 FY15 Highlights 5 03 Americas Market Opportunity & Strategy 8 04 Recap & Trading Update 13 AGM Presenta-on 2
Slide 7: Overview
For personal use only Overview 1 AGM Presenta-on 3
Slide 8: 3P Learning snapshot
3P Learning snapshot organically grown For personal use only 10X revenue over in 8 Years 17,000 A community of schools Global team of across the world 300 educators, 5.3 million engineers, product designers and students A Powerful other personnel aligned with Partnership with based in 11 over 40 UNI
Slide 9: FY15 Highlights
For personal use only FY15 Highlights 2 AGM Presenta-on 5
Slide 10: 2015 Highlights
For personal use only 2015 Highlights FY15 Results ahead of prospectus forecast • Revenue of $44.8 million (vs prospectus $43.8 million), up 23% pcp • EBITDA of $16.9 million (vs prospectus $16.4 million), up 30% pcp • NPAT $10.8 million (vs prospectus $9.7 million), up 28% pcp • EPS of 8.1 cents, u
Slide 11: FY15 Operational Highlights
FY15 Operational Highlights For personal use only Revenue growth across all territories Revenue growth across all product lines 40% 40% 30% 30% 53% 54% 428% 20% 35% 20% 10% 19% 22% 10% 15% 7% 0% 0% EMEA ANZ Americas Spellodrome Mathle;cs Other Reading Eggs Into Science Margin expansion Almost half o
Slide 12: 2015 Product Highlights
2015 Product Highlights • For personal use only Over 2 million unique tablet app downloads, 82% growth year on year. • Shortlisted in six categories at the 2016 UK BETT Awards. • 2015 Major International Awards - • BETT International Digital Resource • BETT Best Whole Course Curriculum Content • US
Slide 13: Americas Market Opportunity & Strategy
For personal use only Americas Market 3 Opportunity & Strategy AGM Presenta-on 9
Slide 14: Americas Market Overview
Americas Market Overview For personal use only Significant market opportunity K-12 Students across OECD Countries 50 45 Districts 15K 345 K-12 student enrolments (m) 40 35 30 25 20 15 Schools 115K 12K 10 5 - Japan Germany Italy Korea Spain Poland Canada Australia Netherlands Sweden Switzerland Austr
Slide 15: Americas Growth Strategy: Targeting Districts
Americas Growth Strategy For personal use only Targeting Districts with a personalised approach District websites Printed success reports State-‐based branded visuals AGM Presenta-on 11
Slide 16: Americas Growth Strategy
Americas Growth Strategy For personal use only FY14 FY15 FY16 1 office in New York Expanding New York 1 office in New York Offices 1 office in Calgary 1 office in Calgary Expanding Calgary Establishing California Employees 22 41 62 Targeting over 200 districts Districts 25 74 with one or more school
Slide 17: Americas Results
Americas Results For personal use only Investment in the market is driving results Investment in Americas headcount Increase in Operating costs $m Increase in Licenses (000s) Increase in Revenue & Billings $m 9 1000 Revenue 6 Invoiced billings 800 6 4 600 2 400 3 10 à 41 200 0 0 0 FY11 FY12 FY13 FY
Slide 18: Recap & Trading Update
For personal use only Recap & Trading Update 4 AGM Presenta-on 14
Slide 19: 2015 Recap
For personal use only 2015 Recap • 3P delivers earnings growth ahead of prospectus forecast. • Americas gaining momentum with 74 district sales in FY2015 and approaching 1 million student licences. • Significant product enhancements with multiple releases each week, recognised by major international
Slide 20: Trading Update
For personal use only Trading Update • Group revenue is up 20% in FY16 year to date compared with the same period a year ago • 3P will continue to invest in sales personnel and infrastructure, particularly in Americas. • Overall margins are expected to remain relatively steady due to ongoing investm
Slide 21: Important Notice and Disclaimer
Important Notice and Disclaimer The material in this presentation is a summary of 3P Learning Limited’s (‘3P’) activities and results as at the time of preparation, 19 November For personal use only 2015. No representation, express or implied, is made as to the fairness, accuracy, completeness or co