Straker Ltd · ASX:STG
Straker — Corporate Update (January 2022)
11 slides from Straker's corporate update, Jan 31, 2022
Slide 1: Straker STG:ASX 4C Q3 FY22 Presentation
TIMELINE Straker STG:ASX 4C Q3 FY22 Presentation FY22-Q3-4C Cashflow Presentation: ASX .STG 1
Slide 2: Market Opportunity
MARKET OPPORTUNITY The Market Opportunity is now stronger than ever, as we see larger users of translation services looking to consolidate vendors, needing productivity enhancing AI enabled solutions and more automation in the process workflows for translation. Our mixture of industry leading AI tec
Slide 3: Financial highlights
FINANCIAL highlights 99% revenue growth and positive adjusted EBITDA - a new phase showing that the operating leverage from our technology is now starting to deliver returns - Revenue of $15 million up 99% (101% in constant currency ) vs pcp and up 26% vs last quarter; - Strong balance sheet with no
Slide 4: Operating highlights
OPERATING highlights Straker are executing at pace and scale and are well positioned as a technology leader, in one of the few $50bn+ industries that has yet to get consolidated through technology - IBM ramp up in-line with expectations and significant progress with API automation across the IBM bus
Slide 5: Annualised Quarterly Results
Annualised Quarterly Results 60m 60 48m 48 45 36m 35 32 33 30 30 31.1 29 24m 25 16.8 18.3 18 12m 0m 21 21 21 21 22 22 22 FY FY FY FY FY FY FY 1 2 3 4 1 2 3 Q Q Q Q Q Q Q Revenue (NZD millions) Opex (NZD millions) FY22-Q3-4C Cashflow Presentation: ASX .STG 5
Slide 6: Technology Opportunity
Technology OPPORTUNITY The long term opportunity remains simple, powerful and large 1. AI will assist human translators and make them more productive 2. Automation will streamline production workflow processes and require less human intervention 3. Data will drive machine learning e iciency 4. Speed
Slide 7: Exponential Translation Memory Growth
Exponential Translation Memory Growth A.I. Engines are driven by data, and margins improve when the engines are more efficient because of greater data input - in Q3 we were accelerating the collection of data at an exponential pace and scale FY22-Q3-4C Cashflow Presentation: ASX .STG 7
Slide 8: M&A - IDEST
M&A - IDEST Brussels based company with 18 staff, strong clients in the international institutional space such as European Commission and UN. Long term contracts and significant opportunities to expand into other languages from the base contracts. - LTM revenues of €4 million (NZD$6.63 million) and
Slide 9: Outlook
Outlook A period of strong growth combined with steady opex and margins, cementing a solid base for our aspirational goal of reaching $100m in revenue - The outlook is strong, driven primarily by better-than-expected organic growth and a modest contribution from M&A - Bed in new customers, IDEST and
Slide 10: Q&A Session
Q&A Session FY22-Q3-4C Cashflow Presentation: ASX .STG 10
Slide 11: Contact:
Contact: CEO - grant@straker.com.au CFO - david.ingram@straker.com.au STG:ASX 11