Service Stream Limited · ASX:SSM
Service Stream — Investor Presentation (June 2007)
16 slides from Service Stream's investor presentation, Jun 13, 2007
Slide 1: Investor Presentation June 2007
Slide 2: Disclaimer
Capability + Ambition + Growth Disclaimer This presentation has been prepared by the management of Service Stream Limited (the ‘Company’ for the benefit of brokers, analysts and investors and not as specific advice to any particular party or person. Neither the Company, nor any of its officers, empl
Slide 3: Financial summary, Group overview, Outlook
Capability + Ambition + Growth OQ) Financial summary CQ) Group overview Q) Outlook
Slide 4: Financial summary — reported result
Capability + Ambition + Growth Financial summary — reported result Revenue $96.1M $79.8M +20.4% EBITDA $6.2M $4.0M 452.8% EBIT $5.2M $3.3M +57.2% NPAT $3.3M $1.9M +75.6% Earnings Per Share 4.67 cps 3.43 cps +36.2% Interim Dividends 3.0 cps 0.75 cps +300.0% * HY 2006 results do not include any earnin
Slide 5: Financial summary — pro forma result
Capability + Ambition + Growth Financial summary — pro forma result Revenue $138.5M $79.8M +73.6% EBITDA $14.5M $4.0M +262.5% EBIT $13.3M $3.3M +303.0% NPAT $7.9M $7.9M ¥315.8% * HY 2006 Pro forma results assumes TC! was acquired on 1 July 2006
Slide 6: Continued strong growth
Capability + Ambition + Growth Continued strong growth Half-year Revenue / EBITDA (Pro Forma Dec 06) November 2004 | - | February 2008 January 2006 | 5 August 2006 January 2007 5 190 Acquired Skilled Acquired operating Acquired Acquired 7 Merger Communications Businesses of Mitcom Fibarcom TCH Ltd 1
Slide 7: Continued strong growth
Capability + Ambition + Growth Continued strong growth EBITDA $m (Pro Forma Dec 06) EBITDA % Margin (Pro Forma Dec 06) 16 145 ” 10.46% 12 10 4.95% 5.08% 5.12% 6 47 4a 4 24 2 a sites dun-O8 Dee-08 dun-06 Dec-06 Jun-05 Bec-05 Jun-068 Dec-06
Slide 8: Balance Sheet
Balance Sheet Capability + Ambition + Growth Cash 9.0 2.0 Payables & provisions 443 23.6 Receivables & WIP 55.2 33.0 Borrowings 38.3 65 Fixed Assets, 5.7 44 Non-current liabilities 97 06 Other 64 14 Goodwill 148.2 18.6 Total Assets 224.2 59.4 Total Liabilities 89.3 30.7 Net Assets 134.9 28.7 Issued
Slide 9: Recent milestones
Capability + Ambition + Growth Recent milestones August 2006 Vodafone contract extension and expansion January 2007 Cancels 40.3million shares February 2007 Awarded Do Not Call Register contract March 2007 Awarded Energex Minor Works contract (QLD)
Slide 10: Status report — Service Stream Group
Capability + Ambition + Growth Status report — Service Stream Group Service Stream Brisbane bung a Telecommuni services sp | ; : OQ Copper, fibre DD / Service Stream iy fe : : Silverwater North Ryde © Estimated anr GPG: Fairield Service Stream Lonsdale St, Melbourne Collins St, Mefbourne Springvale
Slide 11: Business structure
Capability + Ambition + Growth Business structure Service Stream Limited (SS! installation & Maintenance | Recoverable Works a Speciatist Services. Payphones. * ingludes the business of ea
Slide 12: Operational overview
Capability + Ambition + Growth Operational overview TOW (Ticket of Work) infrastructure Services ODAFONE : 2 L&M » 4 years (24141) -y year contract (342) . ; + Specialist: : 3 years Directory assistance ~.. » Construction .companies Payphones . 5 years (34141) Customer activation . + Labour services
Slide 13: Ticket of Work (TOW) Performance
Capability + Ambition + Growth Ticket of Work (TOW) Performance dune 2007 ‘Telstra Payphones Contract 0000 -—— | January 2007 9,000 9000 Merged with ra% =“ @ e900 [| August 2006 7,860 Acquired = frees 7000 Fibercam January 2006 8900 Acquired & February 2005 Milcom wicom 5,264 ® 5000 Acquired operati
Slide 14: Revenue diversification horizons / opportunities
Capability + Ambition + Growth Revenue diversification horizons / opportunities Horizon 3 Revenue Growth Horizon 2 Revenue Growth Bullding Blocks Banking Support @) Solutions _ Environment! a Generation ; Environment Capture f Banking Fi Q) Infrastructure Communications jaming = VOIP/PABX Services @
Slide 15: Continued organic growth
Capability + Ambition + Growth Continued organic growth Ongoing vertical integration Broadening infrastructure roll-out capability Expanding into similar verticals Oooo o Continue to seek out sensible acquisitions
Slide 16: Service Stream — capacity to diversify
Capability + Ambition + Growth Service Stream — capacity to diversify Design..Gonsiris ‘& Rigging Repair & Maintenanes, Connect & Install Fibre Rollout