Slide 1: Investor Presentation - CLSA Down Under Tour
For personal use only Smart Parking Limited ASX:SPZ Investor Presentation CLSA Down Under Tour March 2016 Paul Gillespie, CEO
Slide 2: Smart Parking Limited - Key Market Statistics
SMART PARKING LIMITED (ASX:SPZ) For personal use only WORLD LEADER IN THE DESIGN, DEVELOPMENT AND MANAGEMENT OF PARKING TECHNOLOGY Key market statistics Share price performance (August 2015 – March 2016) ASX code SPZ Market cap $81.45m Share price - 09.03.16 0.275 52 week high 0.38 52 week low 0.08
Slide 3: The Global Parking Opportunity
THE GLOBAL PARKING OPPORTUNITY For personal use only THE NEED FOR PARKING SOLUTIONS IS SIGNIFICANT AND GROWING “Everybody’s journey, as soon as you get into a car, starts and ends with a parking event. As a result the pressure on the curbside is becoming greater. So, by the natural growth of any cit
Slide 4: Smart Parking Investment Proposition
SMART PARKING INVESTMENT PROPOSITION For personal use only SMART PARKING LEADS THE WORLD IN THE DEVELOPMENT OF INTELLIGENT CAR PARKING SOLUTIONS FOR CITIES AROUND THE GLOBE THROUGH TWO MAIN DIVISIONS Management Services • Headquartered in the UK and specialising in managing car parks on behalf of re
Slide 5: Management Services - Operations
MANAGEMENT SERVICES - OPERATIONS For personal use only MANAGING CAR PARKS ON BEHALF OF RETAIL CUSTOMERS, LAND OWNERS AND MANAGING AGENTS • Employs 267 people • Operates more than 1,100 car parking sites Products & Services • Automatic Number/Licence Plate Recognition • Pay & Display • Marshalling •
Slide 6: Management Services - H1 FY16 Update
MANAGEMENT SERVICES - H1 FY16 UPDATE For personal use only ACCELERATED ROLL-OUT OF AUTOMATIC NUMBER/LICENCE PLATE RECOGNITION (ANPR/LPR) • ANPR technology continues to be deployed across the UK & Northern Ireland • 72 sites installed so far in FY16 with ANPR technology • More than 70 sites in the pi
Slide 7: Management Services - H1 FY16 Update: New Contract Wins
MANAGEMENT SERVICES - H1 FY16 UPDATE For personal use only SMART PARKING SECURES NEW CONTRACT WINS ACROSS EUROPE • Lidl UK German grocery retailer contract to manage more than 30 sites during H1 FY16 • Matalan UK contract retained and expanded from 28 to 88 sites during H1 FY16 • McDonald’s UK First
Slide 8: Management Services - Clients
MANAGEMENT SERVICES - CLIENTS For personal use only TRANSFORMING THE PARKING EXPERIENCE FOR DRIVERS AND ORGANISATIONS AROUND THE WORLD Investor Presentation March 2016 8
Slide 9: Management Services - H1 FY16 Financials
MANAGEMENT SERVICES - H1 FY16 FINANCIALS ($,000’S) For personal use only DEPLOYMENT OF TECHNOLOGY ON NEW AND EXISTING SITES DRIVING GROWTH 16,000 14,767 14,000 12,000 9,941 10,000 8,000 6,000 4,000 2,840 2,000 0 Revenue (43) EBITDA (2,000) FY2015 FY2016 Investor Presentation March 2016 9
Slide 10: Smart Parking Technology - Operations
SMART PARKING TECHNOLOGY - OPERATIONS For personal use only ON-STREET AND OFF-STREET TECHNOLOGY AND DATA TRANSFER FOR PARKING SPACE AVAILABILITY • Smart Parking Technology was established in 2003 and has offices in Birmingham, United Kingdom; Melbourne, Australia and Auckland, New Zealand • Distribu
Slide 11: Smart Parking Technology - How It Works
SMART PARKING TECHNOLOGY - HOW IT WORKS For personal use only USING TECHNOLOGY TO PROVIDE AN EFFECTIVE PARKING MANAGEMENT SOLUTION SmartCloud SmartAPI Server SmartRep Variable SmartGuide Marshal Message Signs Overhead Sensors SmartLink Handheld Pay & Walk SmartTag SmartApp SmartEye Investor Presenta
Slide 12: Technology - Clients
TECHNOLOGY - CLIENTS For personal use only TRANSFORMING THE PARKING EXPERIENCE FOR INDIVIDUAL DRIVERS AND GLOBAL ORGANISATIONS Investor Presentation March 2016 12
Slide 13: Technology - H1 FY16 Update
TECHNOLOGY - H1 FY16 UPDATE For personal use only SMART PARKING CONTINUES TO SECURE MORE CONTRACTS WINS WITH DIVERSE CLIENTS • Wellington City Council 3,500 sensor order won in December 2015 RFID/Smart Permit included in contract • Australian Capital Territory Project to install sensors on street an
Slide 14: Technology - H1 FY16 Financials
TECHNOLOGY - H1 FY16 FINANCIALS ($,000’S) For personal use only CONTINUED TECHNOLOGY IMPLEMENTATION 2,000 1,644 Recurring revenue 1,500 1,324 • $1.0m increased 68% on FY15 1,000 Commenced installation • Australian Capital Territory 500 Continued investment 0 • Sales and marketing, research and Reven
Slide 15: Global Footprint
GLOBAL FOOTPRINT For personal use only UK Netherlands Lyon Prague Athens Saudi Arabia Costa Rica Malaysia Singapore South Africa Australia New Zealand Investor Presentation March 2016 15
Slide 16: Community Impact
COMMUNITY IMPACT For personal use only SMART PARKING TECHNOLOGY IS MAKING A MATERIAL DIFFERENCE “What we've got now is an infrastructure in Westminster which is providing accurate and good quality data and for us that is incredibly valuable information.” Kieran Fitsall, Westminster City Council's He
Slide 17: Financial Overview - H1 FY16
FINANCIAL OVERVIEW - H1 FY16 For personal use only SMART PARKING ACHIEVES EBITDA PROFITABILITY MILESTONE • EBITDA profitable for the first time in Smart Parking’s Normalised history EBITDA • Normalised EBITDA1 of $0.85m, improved $3.0m and continues to increase $0.85m • Revenue up 47% on prior perio
Slide 18: Financial Performance - H1 FY16
FINANCIAL PERFORMANCE - H1 FY16 ($,000’S) For personal use only REVENUE GROWTH, EBITDA PROFITABILITY, NET LOSS NARROWS 20,000 15,684 15,000 11,371 10,668 10,000 5,000 72 0 (992) (1,371) (1,182) (5,000) (3,085) (4,256) (10,000) FY2014 FY2015 FY2016 Investor Presentation March 2016 18
Slide 19: Cash Flows - H1 FY16
CASH FLOWS - H1 FY16 For personal use only SMART PARKING ACHIEVES IMPROVED OPERATING CASH FLOWS • Net operating cash outflow $0.88m Improved by $2.28m - Excluding non-recurring payments related to legal dispute • Capex of $1.6m Deployment of technology in UK driving improved results • Cash at bank $
Slide 20: Leadership Team
LEADERSHIP TEAM For personal use only HIGHLY EXPERIENCED AND RELEVANT MANAGEMENT TEAM Chris Morris Richard Ludbrook Non-Executive Chairman Chief Financial Officer • Founding member of Computershare Limited • Appointed CFO of Smart Parking in February 2011 • Extensive knowledge of securities industry
Slide 21: Latest Developments - Mosman Contract
LATEST DEVELOPMENTS - MOSMAN CONTRACT For personal use only MOMENTUM IS BUILDING WITH RECENT CONTRACT WINS Smart Parking awarded contract from Mosman Council, Sydney Smart Parking will: • Install vehicle detection sensor and related monitoring system in 4 main areas of Mosman, covering 500+ individu
Slide 22: Latest Developments - Bestrane City Hub
LATEST DEVELOPMENTS - BESTRANE CITY HUB For personal use only EXPANDING INTO INTELLIGENT DOCKS FOR SMART SUPPLY CHAINS Smart Parking, in partnership with Transport for New South Wales, the City of Sydney and Bestrane Pty Ltd, has unveiled new technology to help supply chains operate in a more effici
Slide 23: Smart Parking Outlook
SMART PARKING OUTLOOK For personal use only STRONG FOUNDATIONS ARE IN PLACE TO BUILD ON GROWTH • Management Services delivered a strong performance in H1 FY16 and the UK Services business continues to roll out ANPR technology. • Technology has been validated with significant project wins in H1 FY16
Slide 24: Contact
CONTACT For personal use only FURTHER INFORMATION ON SMART PARKING CAN BE FOUND AT WWW.SMARTPARKING.COM Paul Gillespie Chief Executive Officer + 61 408 790 710 paul.gillespie@smartparking.com Richard Ludbrook Chief Financial Officer + 64 275 543 661 richard.ludbrook@smartparking.com Investor Present
Slide 25: Disclaimer
DISCLAIMER For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe s