Slide 1: FY19 Results Presentation
For personal use only FY19 Results Presentation 28 August 2019 CommsChoice Group Limited (ASX: CCG)
Slide 2: Disclaimer
Disclaimer For personal use only The material in this presentation is a summary of expectation or assumptions and disclaim all responsibility CCG believes this non-IFRS financial information, where CommsChoice Group’s (CCG) activities and results, and is and liability for these forward-looking state
Slide 3: Introduction
Introduction For personal use only 5 ICT providers came together in 2017 to form Comms Choice Group Compelling market opportunity – Technology changes, Cloud services, NBN rollout Strong complementary skills and DATA VOICE MANAGED capabilities with well articulated NETWORK NETWORKS SERVICES value pr
Slide 4: FY19 Highlights
FY19 Highlights For personal use only Revenue $21.0m, above recent guidance of $19.5m to $20.5m. Full year underlying EBITDA* of $0.3m, above recent guidance of $0.1m*. Net Cash $0.4m as at 30 June 2019. Business restructure announced 11 June 2019 completed, with approx. $2m annualised cost savings
Slide 5: Financial Performance
Financial Performance For personal use only $M FY19 Guidance FY18 (June 19) Revenue Breakdown FY19 (6.5mths) Revenue 21.0 19.5 - 20.5 10.5 12% Cost of Sales (12.0) (5.8) 24% Gross Margin 9.0 4.7 64% Opex (8.7) (4.4) Underlying 0.3 0.1 0.3 EBITDA* Restructuring Costs (19.0) (19.0) (4.1) Data Voice Ma
Slide 6: Balance Sheet
Balance Sheet For personal use only $m Group 30 June 2019 30 June 2018 • Strong balance sheet – debt free Cash 0.4 1.7 • Net cash/deposits of $1.9m as at 26 August, following equity raising Total assets 17.1 34.9 • Adequately funded to support organic growth Borrrowings - - Total liabilities (6.3) (
Slide 7: CommsChoice Business Overview
CommsChoice Business Overview For personal use only We provide cloud communications services for business and corporate customers and cloud based telephony services to our partners for their customers. Approximately 2,700 customers today. Key offerings include: Our leading cloud based global busines
Slide 8: CommsChoice Global POP Network
CommsChoice Global POP Network For personal use only Our global POP network hosted in 25 locations around the world – covering APAC, Europe, North and South America plus India. Delivering business phone PBX functions across global locations + Microsoft Teams calling integration. 8
Slide 9: Growth Strategy
Growth Strategy For personal use only Domestic Key cloud business phone, MS Teams calling and SD-WAN offerings to Australian businesses and corporates Wholesale Building key relationships with key contact centre, Partners dealers and IT service provider partners Leveraging NBN, NBN, Fibre and 4G/5G
Slide 10: Outlook
Outlook For personal use only Strong start to FY20. EBITDA (unaudited) July 2019 of $0.4m. Recurring revenue represents over 90% of total revenue. FY20 guidance of EBITDA $1.8m to $2.2m reaffirmed Cash at bank / deposits of $1.9m at 26 August 2019 Business adequately funded to support organic growth
Slide 11: CCG Investor Metrics
CCG Investor Metrics For personal use only Metric as as 23 August 2019 Value Number of shares 184.7m Share Price $0.041 Market capitalization $7.6m Net (debt) / cash (23 August 2019) $1.9m cash Enterprise Value $5.7m Performance Rights 17.6m - 50% vesting at 12.5c per share - 50% vesting at 20c per
Slide 12: For personal use only
)EPENDABLE. PASSIONATE. STRAIGHT TALI >O THE RIGHT THING. EXPERTS. DEPENDAB ‘ASSIONATE. STRAIGHT TALKING. DO THE HHING. EXPERTS. DEPENDABLE. PASSIONAT TRAIGHT TALKING. DO THE RIGHT THING. XPERTS. PASSIONATE STRAI ALKING. DO THE RIGHT THING. EXPERTS. I »%EPENDABLE. PASSIONATE. STRAIGHT TALI >O THE RI