Smart Parking Limited · ASX:SPZ
Smart Parking — Investor Presentation (October 2022)
12 slides from Smart Parking's investor presentation, Oct 26, 2022
Slide 1: Smart Parking Limited Bell Potter Investor Presentation
For personal use only Smart Parking Limited (ASX:SPZ) Bell Potter Investor Presentation 26 October 2022 CEO Paul Gillespie smartparking.com
Slide 2: Smart Parking Ltd (ASX:SPZ)
Smart Parking Ltd (ASX:SPZ) A global company focused on delivering industry leading technology, For personal use only profitable and cashflow positive with a strong balance sheet Revenue ($000s) 11,314 Parking management services 9,767 8,940 Provision of parking management solutions, predominantly s
Slide 3: Smart Parking - How it works
Smart Parking - How it works | Parking management improving customer satisfaction and revenue generation For personal use only • SPZ operates and manages thousands of car park spaces using proprietary Smart Parking Motorist Validation & payment Enters the carpark at Machines facilitate pay & walk AN
Slide 4: Smart Parking commercial model
Smart Parking commercial model Parking management improving customer satisfaction For personal use only and revenue generation High ROI • Average CAPEX investment is AUD$18,000 • ROI of c.7 months • FY22 Group adjusted EBITDA margin of 23%, Parking Management 29%, funds expansion into new territorie
Slide 5: International growth
International growth | Currently operating in four territories around the world For personal use only Parking Regulations Apply PRIVATE LAND Licence Plate Recognition in Use PRIVATE LAND Licence Plate Recognition in Use PRIVAT PARKPLATZ Customer Parking Only Customer Parking Only XX–XX 123 Purchase
Slide 6: New markets and M&A
New markets and M&A | Disciplined acquisition track record - complements strong organic growth Ongoing For personal use only The Company is pursuing earnings accretive M&A opportunities and July January utilising operating 2021 leverage to accelerate Successfully launched Successfully launched a tec
Slide 7: FY22 Highlights
FY22 Highlights For personal use only 839 Revenue of Adjusted EBITDA Total $38.1m up $8.8m up 68% 296% sites up 36% *As at 30 June 2022 compared to 30 June 2021 *Compared to PCP *Compared to PCP Cash of 1,500 Free cash flow of $8.1m up $ 10.8m 624% *At 30 June 2022 (excludes customers’ cash) *Compar
Slide 8: FY23 growth continuing
FY23 growth continuing | Results to date in the current year are tracking ahead of PCP For personal use only GROWTH OUTLOOK • Built foundations for growth in Germany, • On track for 1,500 sites under Australia and NZ while continuing to scale the management by June 2025. core business in the UK. • C
Slide 9: On track for 1,500 sites by June 2025
On track for 1,500 sites by June 2025 | Site growth in FY22 at 36% UK ANPR roll out continues For personal use only • 303 new sites in FY22. • Completed acquisition of 896 NE Parking (UK) with 517 839 manually operated sites. % Opportunity to convert suitable 31 GR sites to ANPR ongoing. CA 619 Grow
Slide 10: Strong growth underway
Strong growth underway | FY22 record PBNs issued, up 81% vs PCP For personal use only Group Parking Breach Notices Issued FY20 Average Quarterly PBNs 76,384 FY21 Average Quarterly PBNs 74,837 FY22 Average Quarterly PBNs 135,625 July/August PBNs (down 2% on FY20) (up 81% on FY21) (up 16% on PCP) 148,
Slide 11: FY23 execution priorities
FY23 execution priorities For personal use only • Continue to make strong progress towards growth target of 1,500 global sites under management by June 2025. • Execution of organic UK growth strategy - we are very early in the long term growth runway. • Continue successful and profitable internation
Slide 12: Thank you
For personal use only Thank you. Paul Gillespie | Group CEO | paul.gillespie@smartparking.com Richard Ludbrook | Group CFO | richard.ludbrook@smartparking.com smartparking.com