Aucyber Limited · ASX:CYB
Aucyber — Investor Presentation (June 2023)
24 slides from Aucyber's investor presentation, Jun 1, 2023
Slide 1: Sovereign Cloud Holdings Limited Equity Raising
Sovereign Cloud Holdings Limited Equity Raising 1 June 2023 1
Slide 2: Important Notices & Disclaimer
Important Notices & Disclaimer • This presentation is dated 1 June 2023 and has been prepared by Sovereign Cloud Holdings Limited Each recipient, by accepting this presentation, expressly disclaims any fiduciary relationship and (ACN 622 728 189) (AUCloud) in relation to a pro-rata non-renounceable
Slide 3: Important notices and disclaimer (cont…)
Important notices and disclaimer (cont… ) • Seek your own advice: In providing this presentation, AUCloud has not considered the objectives, • Financial information: This presentation contains pro forma financial information. The pro financial position or needs of the recipient. The recipient should
Slide 4: Summary
Summary AUCloud (SOV) is today launching a ~A$8.49 million pro-rata non-renounceable entitlement offer (“Entitlement Offer”) ▪ 1 for 1 Entitlement Offer ▪ $0.05 per New Share (“Offer Price”) ▪ 37.5% discount to the TERP1 of $0.08 or 53% discount to the one-month VWAP of $0.106 Binding commitments ha
Slide 5: AUCloud Investment Highlights
AUCloud Investment Highlights Demand for Cloud Services remains robust, while the Cyber Security market has MARKET DRIVERS exhibited strong growth following recent high profile attacks on Optus, Medibank, REMAIN STRONG Latitude and others. SCALABLE Sovereign Cloud has invested over 5 years, building
Slide 6: Strategic Review
Strategic Review KQ YS AUCLOUD
Slide 7: Strategic Review Summary
Strategic Review Summary The fundamentals are in place Strategy changes The demand for Cyber Security and Strengthen sales and marketing capabilities, with Cloud Solutions continues to build enabling increased emphasis on channels to market, Enterprise sales broadening of solutions whilst maintainin
Slide 8: Tailwinds for Cyber Security & Cloud Solutions remain strong
Tailwinds for Cyber Security & Cloud Solutions remain strong Most Australian companies (60%) are expected to increase cyber budgets in 2023 Cyber Crime is committed every 7 minutes costing Australia billions Ongoing reviews of Australian legislation focussed on enhancing data sovereignty $5.6B $12.2
Slide 9: FY23 Highlights (9 months)
FY23 Highlights (9 months) Revenue increased to $4.3m up 52% YOY ¹ Revenue • Increased revenues reflect growth from new customers and existing customer net revenue retention Growth • Cyber Security accounts for c. 40% of all revenue Total TCV Outstanding increased $681k (10%) to $7.2m in 9 months to
Slide 10: Financial Overview
Financial Overview KQ YS AUCLOUD
Slide 11: Profit & Loss
Profit & Loss Revenue • In December 2021 the Company raised $35m to invest in new cloud platforms as part of a national expansion strategy and fund working capital to scale AUCloud to critical mass. Profit & Loss Summary ($m) 31 March 2023 30 June 2022 30 June 2021 • In FY22 and YTD FY23 the Company
Slide 12: Cash Flow
Cash Flow Operating Activities Cashflow Summary ($m) 31 March 2023 30 June 2022 30 June 2021 • The net cash outflows from operating activities over the past three financial years (Unaudited) (Audited) (Audited) reflect the investment in new cloud platforms as part of a national expansion strategy; O
Slide 13: Actual and Pro Forma Balance Sheets ($m)
Actual and Pro Forma Balance Sheets ($m) Actual Pro Forma Pro Forma Balance Sheet 30 June 2022 31 March 2023 31 March 2023 The 31 March 2023 historical balance sheet shown opposite has been adjusted to reflect the (Audited) (Unaudited) (Unaudited) impact of the Entitlement Offer as if it had taken p
Slide 14: Offer Summary
Offer Summary KQ YS AUCLOUD
Slide 15: Offer Summary
Offer Summary $8.49 million equity raising via a pro rata non-renounceable entitlement offer, for the issue of up to 169,700,336 new ordinary shares (New Shares) Equity Raising based on an offer ratio of one new ordinary share for each existing ordinary share held as at the Record Date (Entitlement
Slide 16: Equity Raising Timetable
Equity Raising Timetable Date Activity Thursday, 1 June 2023 Announcement of Entitlement Offer Monday, 5 June 2023 Ex-date for Entitlement Offer Tuesday, 6 June 2023 Record Date for Entitlement Offer (7.00pm Sydney time) Friday, 9 June 2023 Entitlement Offer Information Booklet and personalised Enti
Slide 17: Key Risks
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Slide 18: Key Risk Factors
Key Risk Factors AUCloud is subject to various risk factors. Some of these are specific to its business activities, • Cyber risk: Given AUCloud's business model is premised on providing secure cloud services, while others are of a general nature. Individually, or in combination, these risk factors c
Slide 19: Key Risk Factors (continued…)
Key Risk Factors (continued…) • Concentration of customer base and nature of customer contracts: AUCloud has a • Funding and capital: The continued growth of AUCloud relies on customer acquisition. relatively concentrated customer base. If AUCloud was to lose one or more of its key customers, Capita
Slide 20: Key Risk Factors (continued…)
Key Risk Factors (continued…) • Change in technology: Demand for cloud services can change rapidly because of • changes to government policy, legislation or regulation; technological innovation, new product introductions, declining prices and evolving industry standards, amongst other factors. New s
Slide 21: Key Risk Factors (continued…)
Key Risk Factors (continued…) • Expected future events may not occur: Certain statements in this presentation constitute • Exposure to general economic conditions: The operating and financial performance of forward-looking statements. Such forward-looking statements involve known and unknown AUCloud
Slide 22: Foreign selling restrictions
Foreign selling restrictions This presentation does not constitute an offer of New Shares of the Company in any jurisdiction in United Kingdom which it would be unlawful. In particular, this presentation may not be distributed to any person, and the New Shares may not be offered or sold, in any coun
Slide 23: Glossary
Glossary Term Definition AASB Australian Accounting Standards Board ACSC Australian Cyber Security Centre ARPU Average Revenue Per Customer per annum ARR Annual Recurring Revenue GTM Go-To-Market IaaS Infrastructure as a Service The revenue recognised based on the aggregated consumption of the IaaS
Slide 24: End
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