Swoop Holdings Limited · ASX:SWP
Swoop — H1 2025 Earnings Presentation
23 slides from Swoop's earnings presentation, Feb 27, 2025
Slide 1: 1H FY25 Financial and Operational Results
For personal use only 1H FY25 Financial and Operational Results Investor Briefing | February 2025 1
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This presentation dated 27 February 2025 has been prepared by and is being issued by Swoop Holdings Limited ACN 009 256 535 do not give any assurance, representation or guarantee that the occurrence of the events or forward looking statements refer
Slide 3: Connecting people, improving lives.
Connecting people, improving lives. For personal use only Premium provider of residential and SMB Broadband Residential mobile telephony for price-conscious customers Fixed Wireless and Fibre NBN for infrastructure to improve margins national coverage National MVNO on the Optus network 3
Slide 4: 1H FY25 Highlights Summary
1H FY25 Highlights Summary 1H FY25 Revenue1 of $45.8m, up 5% on 1H FY24 Revenue. Underlying Recurring Revenue organic growth of 15%. For personal use only Underlying EBITDA2 of $7.3m. Core Business3 EBITDA which excludes one-off co build projects and discontinued operations is up 12% on 1H24. Strong
Slide 5: 1H FY25 Core Business Results
1H FY25 Core Business Results For personal use only Government Funded Regional Core Business excludes one-off Infrastructure grants included in payments from these programs and Reported Revenue discontinued operations Core Business Revenue $45.1m Gross Margin $16.2m Underlying EBITDA2 $6.9m Results1
Slide 6: 1H FY25 Wins & Awards
1H FY25 Wins & Awards For personal use only 2024 Awards Canstar Outstanding Value – Sim Only Plans (5 Years Running) WhistleOut Best Phone Plan Promotion; Best M O OS E M O BI L E Sim Only Provider – Value Plans (4 Years Running) Mozo (Moose) Clearest Billing; Winner Winner Winner 5G Postpaid Mobile
Slide 7: 1H FY25 Financial Results
For personal use only 1H FY25 Financial Results 7
Slide 8: Financial Results
Financial Results Financial Results1 ($000) For personal use only ▪ Revenue up 5% on pcp, driven by strong nbn TC4 and mobile service 1H FY25 1H FY24 Change sales, which have been underpinned by our scalable delivery models Revenue 45,793 43,453 2,340 and compelling marketing campaigns. Offsetting t
Slide 9: Summary Cash Flow
Summary Cash Flow Summary Cash Flow ($000) For personal use only ▪ Reduction in operating cash flow vs pcp reflects lower cash flows 1H FY25 1H FY24 from discontinued operations (Voicehub divestment early in 1H $ $ FY25) and timing differences in working capital. This has been partly offset by a hig
Slide 10: Summary Balance Sheet
Summary Balance Sheet Summary Balance Sheet ($000) For personal use only ▪ Closing cash balance as of Dec-24 of $5.5m with $10.0m in undrawn facilities for a Dec 2024 June 2024 total closing available funding position of $15.5m. $ $ ▪ Deferred consideration (Moose earn out payment for the Moose Seco
Slide 11: Products & Focus
For personal use only 11 Products & Focus
Slide 12: Company history
Company history Swoop was founded in regional Victoria and has grown to be one of leading challenger providers of telecommunication services in Australia Dec 2024 For personal use only Nov 2022 Signs $30m contract with Flip Acquires Moose Mobile – a leading national mobile network operator. Opening
Slide 13: Swoop connects people through its core products
Swoop connects people through its core products For personal use only Mobile nbn Fixed Wireless Network & other Fibre Award-winning and Fast-growing challenger in nbn Connecting regional areas and Network services include Swoop’s Targeting new builds coming to industry-leading customer market, offer
Slide 14: Mobile
Mobile Award-winning service provider with its customer value proposition rooted in local support and no lock-in contracts For personal use only ▪ New “upgraded” Moose Mobile website launched July 2024 ▪ Swoop’s mobile division utilises the Optus network with strong growth and cash ▪ Swoop Mobile la
Slide 15: Swoop nbn
Swoop nbn® Known for their “fast-reliable” service, Swoop’s nbn offering provides value-seeking customers with affordable and high-speed plans For personal use only NBN # Active Services Dec-23 to Dec-24 ▪ One of Swoop’s fastest growing products, doubling YoY market share to 0.58%, providing a signi
Slide 16: Fixed Wireless
Fixed Wireless Swoop has a fixed wireless reach of approximately 2 million dwellings across strategic population zones in Western Australia, South Australia, Victoria, Queensland and New South Wales For personal use only Swoop's infrastructure is in areas with limited fixed line infrastructure, allo
Slide 17: Residential Fibre
Residential Fibre Greenfield Opportunity For personal use only Strategic Alignment ▪ 1-1.2m estimated new builds in next 5 years ▪ Aligns with Swoop’s purpose of connecting ▪ Targeting 1-2% of this market people, improving lives ▪ Fibre can support high-speed services enabling future AI adoption Bro
Slide 18: Acquisitions Strategy
Acquisitions Strategy For personal use only ? Mobile Residential nbn Voice Other Infrastructure UC & SIP Acquired Moose Mobile Acquired Regional No previous M&A in Acquired channel and SMB Voice Acquired wholesale fibre Nov 22 - $24m Infrastructure Beam, Speedweb, this space provider Seventeen IFibr
Slide 19: Focus on our People
Focus on our People We believe that everyone deserves a better telco experience. Delivering on this mission starts with focusing on our team, with For personal use only the vision to become one of Australia's employers of choice, not just in our industry but across all industries. 19
Slide 20: WGEA Reporting
WGEA Reporting The progress outlined in our For personal use only 2023-2024 WGEA results reflects the actionable steps we committed to last year in Current Gender Pay Gap Current Gender Pay Gap Current Gender Pay Gap Current Gender Pay Gap reducing the gender pay gap, Average (mean) Median total Ave
Slide 21: Invest in Systems and Automation
Invest in Systems and Automation For personal use only x4 Improved customer Consolidated Efficient Processing: Streamlined Experience: Quadruple nbn experience. into a standard suite of >90% of orders utilise a Simplified and orders: Driving Swoop systems uniform pipeline accelerated order growth by
Slide 22: Summary
Summary For personal use only Strong organic Focusing on our teams building strong Expanding customer brand in our regions growth engagement and values and low churn Continuing to grow services on Investments in scalable platforms and Leverage experience and capabilities to build the high margin inf
Slide 23: Thank you
For personal use only Thank you swoop.com.au 23