Pentanet Ltd · ASX:5GG
Pentanet — IPO Roadshow (January 2021)
19 slides from Pentanet's IPO roadshow presentation, Jan 29, 2021
Slide 1: Pentanet - Perth Powered Internet
For personal use only S PENTANET Perth Powered Internet
Slide 2: Disclaimer
IMPORTANT: You must read the following before continuing. DISCLAIMER The information contained in this presentation is confidential any you must not disclose it to any other person without the Company’s prior consent. Summary information in relation to Pentanet Limited. This presentation contains su
Slide 3: About Us
ABOUT US OUR VISION To build a market leading telecommunications network, that For personal use only utilises cutting-edge technologies with an emphasis on speed, quality and local support. NEXT-GEN CAPABLE NETWORK WHAT WE DO Pentanet is a licensed telecommunications carrier based in Perth, MARKET L
Slide 4: Growth Strategy
GROWTH STRATEGY For personal use only 1. 2. 3. GROW SUBSCRIBER EXPAND NETWORK INCREASE BASE TO EXPAND MARGINS • Introduce new technology to POTENTIAL MARKET • Migrate off-net customers to increase on-net network on-net services coverage • Australian-first deployment of wireless technology developed
Slide 5: Addressable Market
ADDRESSABLE MARKET 1000 900 For personal use only Pentanet is focused on capturing part of this Next-generation wireless 800 revenue by providing internet services to residential and commercial customers in Western will enable a lower-cost Australia. The current addressable market in WA gigabit alte
Slide 6: Telecommunications Network
TELECOMMUNICATIONS NETWORK For personal use only EXISTING INFRASTRUCTURE APPROXIMATELY 300KM OF DARK FIBRE OPTICS: • $5m+ INVESTED INTO FIXED WIRELESS INFRASTRUCTURE • 40 OPERATIONAL TOWERS • CURRENT FIXED WIRELESS INVESTMENT GIVES COVERAGE ACROSS PERTH METRO AREA, WITH Pentanet Investor Presentatio
Slide 7: Fixed Wireless Operation
FIXED WIRELESS For personal use only OPERATION DISRUPTED LoS CLEAR LoS SUBSCRIBER ONLINE NO COVERAGE MACRO TOWER OBSTRUCTION • SUBSCRIBERS CURRENTLY CONNECT TO ‘MACRO TOWERS’ WITHIN LINE OF SIGHT (LoS) • CURRENT FIXED WIRELESS INVESTMENT COVERS APPROX *~32% OF HOMES IN THE PERTH METRO AREA Pentanet
Slide 8: Wireless Network Evolution
WIRELESS NETWORK EVOLUTION For personal use only NOW NO COVERAGE ONLINE SIGNAL ROUTES FROM SUBSCRIBER • FIRST DEPLOYMENT OF THIS NEXT-GENERATION OBSTRUCTION NOW ONLINE NO COVERAGE WIRELESS TECHNOLOGY IN AUSTRALIA • COST-EFFECTIVE SOLUTION WITH FASTER SPEEDS • SIGNIFICANTLY LOWER CAPITAL COST (COMPAR
Slide 9: Next-Gen Wireless Network Capacity
NEXT-GEN WIRELESS NETWORK For personal use only CAPACITY FY 2021/22 CAPEX $10.5m including CPE installations Cash flow can fund additional 5G capacity Pentanet Investor Presentation 2021 – Page 9
Slide 10: Powering the Network
POWERING THE NETWORK For personal use only DARK FIBRE BACKHAULS HAVE BEEN RUN TO KEY FIXED WIRELESS TOWERS, CREATING SELF-HEALING RINGS BACK TO DATA CENTRES Pentanet Investor Presentation 2021 – Page 10 SECURED LONG TERM LEASES AND LICENSES WITH STRATEGIC PARTNERS ON THE BEST KEY TOWER SITES
Slide 11: Market Leading Brand
MARKET LEADING For personal use only BRAND BRAND MARKET RESEARCH: • 2019/20 MAJOR MARKETING CAMPAIGN DOUBLED PROMPTED AWARENESS • 65% OF RESPONDENTS FEELING MORE POSITIVE TOWARDS PENTANET FOLLOWING THE CAMPAIGN Pentanet Investor Presentation 2021 – Page 11 4.6 4.4 4.4
Slide 12: Subscriber Growth
SUBSCRIBER 10,000 For personal use only Total 8,386 GROWTH On-net 3,659 9,000 Fixed line off-net 4,727 7,040 8,000 3,176 3,864 7,000 5,124 6,000 2,581 Compound Annual Growth Rate 2,543 5,000 3,666 364% 1,943 FY19 2,805 4,000 1,723 2,216 1,580 1,748 1,322 1,225 3,000 FY20 218% Pentanet Investor Prese
Slide 13: Telecommunications Financials
TELECOMMUNICATIONS FINANCIALS For personal use only CONDENSED JUNE 2020 (Audited) CONSOLIDATED STATEMENT INCOME STATEMENT FIXED WIRELESS MARGIN UPLIFT OF FINANCIAL POSITION Customers $100 2019 2020 30 JUNE 2020 3136 MARGIN 68% $90 ARPU $87 MARGIN 4% $ $ $ $80 GP 68% Total Assets 7,598,989 $70 Revenu
Slide 14: Cloud.GG: Convenience Changes Markets
CLOUD.GG For personal use only “Neither Redbox nor Netflix are even on the radar screen in terms of competition” -Jim Keyes, Blockbuster CEO, 2008 CONVENIENCE CHANGES MARKETS Streaming DVDs VCRs Pentanet Investor Presentation 2021 – Page 14 Cloud Gaming Arcade Machines Home Consoles NO MULTI DOWNLOA
Slide 15: Cloud.GG Cloud Gaming
CLOUD.GG For personal use only Gaming CLOUD GAMING PC PENTANET HAS A PARTNERSHIP WITH NVIDIA CORPORATION, TO BECOME THE ONLY GEFORCE NOW CLOUD GAMING ALLIANCE PARTNER IN AUSTRALIA TOTAL AUS GAMING INDUSTRY VALUE1 $3.6b Pentanet Investor Presentation 2021 – Page 15 TOTAL AUS GAMERS2 15.6m CLOUD.GG 12
Slide 16: IPO Details
IPO DETAILS (@ $0.25) For personal use only CAPITAL STRUCTURE USE OF FUNDS SHARES ON ISSUE1 173,169,935 Telecommunications infrastructure $10.5m SHARES ISSUED AT IPO 90,000,000 SHARES ON ISSUE POST IPO 263,169,935 NVIDIA cloud gaming infrastructure $4.0m OPTIONS ON ISSUE2 34,460,000 Working capital
Slide 17: 5GG/GTaaS Econosphere
5GG/GTaaS Econosphere For personal use only NETWORK INVESTMENT RECURRING REVENUE STREAMS 1. Fixed Wireless Network 2. Scalable with next-generation gigabit wireless evolution 1. Internet services 2. Cloud based services VERTICALS 5G 3. Superior product offering Telecommunications Telecommunications
Slide 18: Board
BOARD For personal use only Pentanet Investor Presentation 2021 – Page 18 Stephen Cornish Timothy Cornish David Buckingham Craig Amos Dalton Gooding FOUNDER AND MD EXECUTIVE DIRECTOR NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mechanical Engineer with strong Chartered Accountan
Slide 19: Advisory
ADVISORY For personal use only Mart-Marie Derman Patrick Holywell Clive Bingwa Andrew Milner Peter Curulli Joe Wooller CHIEF FINANCIAL OFFICER COMPANY SECRETARY EXECUTIVE CONSULTANT - GENERAL MANAGER - EXECUTIVE CONSULTANT Pentanet Investor Presentation 2021 – Page 19 EXECUTIVE CONSULTANT MARKETING