Megaport Ltd. · ASX:MP1
Megaport — Investor Presentation (February 2021)
26 slides from Megaport's investor presentation, Feb 23, 2021
Slide 1: Megaport Limited – Investor Presentation (ASX Release)
ASX RELEASE 23 February 2021 For personal use only Megaport Limited – Investor Presentation The Company provides an updated Investor Presentation, which will be presented to investors and analysts from today. Authorised by the Board. Celia Pheasant Company Secretary Megaport Limited Supporting Resou
Slide 2: Investor and media enquiries
Investor enquiries Media enquiries Steve Loxton media@megaport.com Investor Relations For personal use only T: +61 412 595 133 investor@megaport.com Megaport Limited Level 3, 825 Ann Street Fortitude Valley QLD 4006 Australia
Slide 3: Global Update Investor Presentation
For personal use only Global Update Investor Presentation FY20 FULL YEAR FEBRUARY 2021 RESULTS Megaport Limited | ACN 607 301 959 | ASX: MP1
Slide 4: Important Information
Important Information For personal use only This presentation has been authorised by the Board of Megaport. Megaport Limited ACN 607 301 959 Nothing in this presentation should be construed as either an offer to sell or a All references to “$” are to Australian currency (AUD) unless otherwise noted.
Slide 5: About Megaport, Business Update, Innovation
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION About Megaport 3
Slide 6: The Leader in Network as a Service (NaaS)
ABOUT MEGAPORT The Leader in Network as a Service (NaaS) For personal use only Megaport’s Connectivity Model Traditional Connectivity Pricing Pay for what you use, no setup fees Expensive locked-in pricing model, expensive setup costs Speed Real-time provisioning (59 seconds) Long setup times (one w
Slide 7: Growing Global Network
ABOUT MEGAPORT Growing Global Network For personal use only North America EMEA Asia Pacific Group Countries 23 Cities 130 Installed 1 386 Enabled 2 716 Countries Cities Installed 1 Enabled 2 Countries Cities Installed 1 Enabled 2 Countries Cities Installed 1 Enabled 2 2 82 184 390 16 32 105 202 5 16
Slide 8: Connecting the Ecosystem
ABOUT MEGAPORT Connecting the Ecosystem For personal use only 102 Unique Data Megaport’s Unique 365+ Service 2,043 Customers Providers Centre Operators Value Proposition Scalable and on demand Multicloud connectivity Private and Secure Flexible Terms 6
Slide 9: The Network Effect
ABOUT MEGAPORT The Network Effect For personal use only Megaport Service Connections Ports Services 31 Dec 2017 31 Dec 2018 31 Dec 2019 31 Dec 2020 Service Connection Types 20% 19% 19% 25% Direct Public Cloud 51% 16% 16% 13% Internet Exchange 64% 65% 68% 24% Private Connection 7
Slide 10: Industry Growth Trends
ABOUT MEGAPORT Industry Growth Trends For personal use only Enterprise Cloud Service Spend (US$B) Enterprise Cloud Strategy 1000+ Employees 6% Multiple Public Multicloud Breakdown 6% 93% 1% 87% Hybrid Cloud Multicloud Single Public Single Private Total of: BPaaS, PaaS, SaaS, Cloud Management & Secur
Slide 11: Selection of Major Customers
ABOUT MEGAPORT [UPDATE] Selection of Major Customers For personal use only 9
Slide 12: Partners & Customers: Unique Data Centre Operator Partners
PARTNERS & CUSTOMERS 102 Unique Data Centre Operator Partners For personal use only Note: List of DCO partners as at 30 June 2020 10
Slide 13: Business Update
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION Business Update 11
Slide 14: Highlights 1HFY21
BUSINESS UPDATE Highlights 1HFY21 For personal use only +11% +11% +11% Monthly Recurring Revenue 1 Annualised Revenue 2 Total Number of Customers $5.7M $6.3M $67.8M $75.0M 1,842 2,043 30 JUNE 2020 31 DEC 2020 30 JUNE 2020 31 DEC 2020 30 JUNE 2020 31 DEC 2020 +16% +15% +5% Total Number of Ports Total
Slide 15: Highlights 1HFY21: Cloud Partners and Onramps
BUSINESS UPDATE Highlights 1HFY21 For personal use only +12% +7% Leading Cloud Partners Cloud Onramps Total Enabled Data Centres 1 NEW 23 220 47 716 1HFY21 NEW TOTAL NEW TOTAL +10% Cloud Regions Megaport Marketplace 11 120 365+ NEW TOTAL 1. Enabled Data Centres is the total of Installed Data Centres
Slide 16: Revenue Performance 1HFY21
BUSINESS UPDATE Revenue Performance 1HFY21 For personal use only North America Asia Pacific Europe Global 1HFY21 1HFY21 1HFY21 1HFY21 $17.2M $12.3M $6.5M $36.0M $5.8M 51% $2.9M 31% $1.4M 30% $10.1M 39% 1HFY20: $11.4M 1HFY20: $9.4M 1HFY20: $5.1M 1HFY20: $25.9M Note: Growth rates are calculated using t
Slide 17: Megaport Cloud Enablement
BUSINESS UPDATE Megaport Cloud Enablement For personal use only Available Cloud Regions 220 Onramps 1HFY21 +23 +12% - Asia Pacific (Sydney) - Australia East - UAE North - Asia Northeast1 (Japan) - APAC Sydney Total - Asia Pacific (Hong Kong) - Australia South East - US Gov Arizona - Asia Northeast2 (O
Slide 18: Customer Cohort Trends
BUSINESS UPDATE Customer Cohort Trends Average Services per Customer Average Monthly Revenue per Customer ($) For personal use only CAGR1 44% 43% 42% 48% 66% 50% CAGR1 39% 54% 60% 53% 70% 119% Average Services per Customer2 Average Revenue per Customer3 Customer spend increases over time as a result
Slide 19: Growth in Ports, Services, and Revenue
BUSINESS UPDATE Growth in Ports, Services, and Revenue For personal use only MRR growth impacted by movements in foreign exchange rates 3 1. Total Services comprises of Ports, Virtual Cross Connections (VXCs), Megaport Cloud Router (MCR), and Internet Exchange (IX) at period end. 2. Monthly Recurrin
Slide 20: Operating Leverage (month of December)
1HFY21 FINANCIAL PERFORMANCE Operating Leverage (month of December1) Group (A$ million) Margin Trends 1 For personal use only Revenue growth 81% 58% 73% 36% Group Profit after direct network cost 2 margin has continued to expand as MRR growth has outstripped growth in direct network costs Group EBITD
Slide 21: Innovation
About Megaport Business Innovation Update For personal use only INVESTOR PRESENTATION Innovation 19
Slide 22: Platform Evolution
INNOVATION Platform Evolution 2014 2018 2020 For personal use only * IaaS = Infrastructure as a Service, PaaS = Platform as a Service, SaaS = Software as a Service, MSP = Managed Service Provider, NSP = Network Service Provider *MVE is under development with anticipated launch in 2QFY21 20
Slide 23: Megaport Connected Edge Model
INNOVATION Megaport Connected Edge Model For personal use only *under development with anticipated launch in 2QFY21 Agile networking methodology enabling end-to-end, on-demand connectivity 21
Slide 24: Megaport Virtual Edge Overview
INNOVATION Megaport Virtual Edge Overview For personal use only * MVE will integrate Megaport’s platform with various networking technologies including SD-WAN Extends reach of Megaport platform Cisco SD-WAN first MVE use case Enables branch office connections API for future technology support Extends e
Slide 25: Megaport Virtual Edge (MVE)
BUSINESS UPDATE Megaport Virtual Edge (MVE) For personal use only MVE Platform Status: “This collaboration extends Cisco’s SD-WAN ● MVE deployed to 11 major metros, with 10 additional metros to be added in H2 leadership, by offering an FY21 ecosystem platform for ● MVE platform availability on targe
Slide 26: Thank you
For personal use only Thank you ASX: MP1 On the Web megaport.com/investor megaport.com/media-centre Social /megaportnetworks @megaport @megaportnetwork Megaport Limited | ACN 607 301 959 | ASX: MP1