Catapult Sports Ltd. · ASX:CAT
Catapult Sports — Catapult Group International — Shareholder Meeting (November 2015)
41 slides from Catapult Sports's shareholder meeting presentation, Nov 24, 2015
Slide 1: Annual General Meeting FY15
THE MOST USED SECRET IN SPORT For personal use only Annual General Meeting FY15 24 November 2015 Catapult Group International Limited Dr. Adir Shiffman (Executive Chairman) and Mr. Shaun Holthouse (CEO) ACN 164 301 197
Slide 2: Important Notice
Important Notice For personal use only This presentation has been prepared by Catapult Group International Limited ACN 164 301 197 (‘Catapult’). Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set out below. None of Catapult
Slide 3: Agenda
Agenda For personal use only 1. Formal business Dr. Adir Shiffman 2. Chairman’s address Dr. Adir Shiffman 3. CEO’s address Mr. Shaun Holthouse Page | 3
Slide 4: Formal Business
For personal use only FORMAL BUSINESS Dr. Adir Shiffman Page | 4
Slide 5: Financial Statement and Reports
Financial Statement and Reports For personal use only Note: This item of ordinary business is for discussion only and is not a resolution “To receive and to consider the Annual Financial Report of the Company for the financial year ended 30 June 2015 together with the declaration of the Directors, t
Slide 6: Resolution: Adoption of Remuneration Report
Resolution 1 For personal use only Adoption of Remuneration Report To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of Section 250R(2) of the Corporations Act and for all other purposes, approval is give
Slide 7: Resolution: Re-Election of Mr Brent Scrimshaw as Director
Resolution 2 For personal use only Re-Election of Mr Brent Scrimshaw as Director To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That Mr Brent Scrimshaw, a Director who retires by rotation in accordance with the Company’s Co
Slide 8: Resolution: Re-Election of Ms Rhonda O'Donnell as Director
Resolution 3 For personal use only Re-Election of Ms Rhonda O’Donnell as Director To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That Ms Rhonda O’Donnell, a Director who retires by rotation in accordance with the Company’s
Slide 9: Resolution: ASX Listing Rule 7.1A Approval of Future Issue of Securities
Resolution 4 For personal use only ASX Listing Rule 7.1A - Approval of Future Issue of Securities To consider and, if thought fit, to pass with or without amendment, the following resolution as a special resolution: “That, for the purposes of ASX Listing Rule 7.1A and for all other purposes, the S
Slide 10: Resolution: Increase Non-Executive Directors' Fee Pool
Resolution 5 For personal use only Increase Non-Executive Directors’ Fee Pool To consider and, if thought fit, to pass with or without amendment, the following resolution as a special resolution: “That, for the purposes of ASX Listing Rule 10.17 and for all other purposes, the maximum aggregate am
Slide 11: Other business
Other business For personal use only Opportunity for any other business that can lawfully be brought forward before closing formal proceedings Page | 11
Slide 12: Meeting Close
For personal use only MEETING CLOSE Page | 12
Slide 13: Chairman's Address
For personal use only CHAIRMAN’S ADDRESS Dr. Adir Shiffman Page | 13
Slide 14: Delivering strong shareholder returns
Delivering strong shareholder returns For personal use only 164% total return to shareholders (ASX:CAT) since IPO Awarded Top $2.00 Exporter by SmartCompany Wins ARU League Wide $1.80 Deal FY15 Results Beat Prospectus $1.60 Strategic Forecasts partnership with XOS $1.40 F@st $1.20 Company Awards Rec
Slide 15: Delivering on strategy
Delivering on strategy For personal use only Develop the leading Roll out to professional and Position Catapult to wearable analytics solution elite sporting teams capitalise on future growth for elite sport globally opportunities Openfield feature 5,115 units sold in Landmark league- enhancement an
Slide 16: Powerful analytics solution
Powerful analytics solution For personal use only Patented hardware Openfield cloud platform Advanced analytics Comes in a range of models Internally developed proprietary Openfield Analysis is based on algorithms to suit different applications analytics platform including proprietary, patente
Slide 17: Major Openfield enhancements
Major Openfield enhancements For personal use only New Algorithms Data Security Analytics developed for ice Significant advances in data hockey covering injury and security including 3rd party performance (patents lodged) audits New Patents Platform flexibility Lodged new patent Enabled data migrati
Slide 18: The Industry's innovator
The Industry’s innovator For personal use only 2004 Tracking Device with 5 Hz GPS 2005 GPS & Accelerometers 2006 Algorithms for Intensity Efforts 2007 Multi-Player Wireless Link in Real Time 2008 GPS & Gyroscopes / Magnetometers #12 Overall 2009 Tracking Device with 10 Hz GPS #1 Big Data 2010 Integr
Slide 19: Established strategic partnership with XOS
Established strategic partnership with XOS For personal use only North American partnership with XOS – one of the world’s innovators in video athlete analytics Partnership delivering the next generation in analytics to elite teams – Catapult will integrate a variety of advanced analytical player
Slide 20: Sold to over 700 teams and counting
Sold to over 700 teams and counting For personal use only Sold over 5,115 units in FY15 across 200 new teams/organisations FY15 revenue FY15 TCV FY15 ARR $11.8m $16.9m $7.4m 49% 55% 170% Page | 20
Slide 21: Establishing majority league penetration
Establishing majority league penetration For personal use only 18/32 teams 17/30 teams 9/18 teams 10/12 teams 18/18 teams 16/16 teams Page | 21
Slide 22: Continued progress in other leagues
Continued progress in other leagues For personal use only Every Australian Super Rugby team (including U20s teams) All Australian National Rugby Union squads 6 MLS teams (of 20) 50 NCAA teams (US collegiate sports) 30 English football teams across EPL, Championship and League One 5 Bunde
Slide 23: What the teams are saying
What the teams are saying For personal use only “Every player has worn it every day I’ve been here. It can allow you to dial up or down practice intensity or dial up or down conditioning for each player.” Sam Hinkie, General Manager, Philadelphia 76′ers Jimbo Fisher, head coach of Florida State foot
Slide 24: Landmark league-wide deal with ARU
Landmark league-wide deal with ARU For personal use only Deploying minimum 450 Managing all athlete Covers fan engagement tracking units (4 year tracking solutions (in and broadcast subscription deal) training and game-day) capabilities Tracking Australia’s most elite Rugby teams, including: – The
Slide 25: Clearsky (LPS) solution is live
Clearsky (LPS) solution is live For personal use only Brings the power of GPS indoors and Schematic of ClearSky install more – Suitable for arenas of all sizes More advanced technology provides all the tactical and conditioning benefits to indoor environments – eg Etihad Stadium in Melbourne B
Slide 26: Global market opportunity remains open
Global market opportunity remains open For personal use only ROW Includes EU and rapidly emerging Asia 7,400 units ordered to date in ROW against a growing Global market 13,968 units 3,188 units ordered to date in ordered 454,000 Pro and US (<1% penetration) NCAA athletes 3,380 units ordered to date
Slide 27: Long-term growth strategy
Long-term growth strategy For personal use only Build leading market share in elite and professional sporting leagues globally Increased ARPU for high end customers as we develop more analytics Downward penetration into prosumer markets Analytics sales to media and fan engagement application
Slide 28: CEO's Address
For personal use only CEO’S ADDRESS Mr. Shaun Holthouse Page | 28
Slide 29: Delivering on our forecasts
Delivering on our forecasts For personal use only FY15(a) FY15(f) Var. Pro-forma results1 Revenue $11.8m $9.4m 26% EBITDA ($2.5m) ($3.8m) 34% NPAT ($2.5m) ($3.6m) 31% Statutory results Revenue $11.8m $9.4m 26% EBITDA ($4.6m) ($5.2m) 12% NPAT ($4.3m) ($4.9m) 12% Key operating forecasts Units ordered
Slide 30: Strong growth across all key metrics
Strong growth across all key metrics For personal use only Units ordered TCV ($m) 6,000 EXCEEDED forecasts $18 5,000 by 24% $16 SIGNIFICANTLY higher $14 55% 48% STRONG demand proportion of sales 4,000 $12 across all regions, under subscription 3,000 $10 in particular in $8 ZERO customer churn 2,000
Slide 31: Strong performance in key geographies
Strong performance in key geographies For personal use only North America Europe Asia % Tot Rev % Tot Rev % Tot Rev 38% 14% 29% FY15 Revenue FY15 Revenue FY15 Revenue $4.3m $3.2m $1.6m 288% 88% From FY14 $0.07m FY15 Unit Orders FY15 unit Orders FY15 Unit Orders 1,552 2,160 594 30% of total uni
Slide 32: Other regions snapshot
Other regions snapshot For personal use only AUSTRALIA Stable mature business in Australia selling to teams FY15 Revenue FY15 Unit Orders Retained dominance in $1.8m 624 AFL, NRL, ARU and other key teams from FY14 $1.88m 12% of total units ordered ROW Largely untapped FY15 Revenue FY15 Unit Orde
Slide 33: Accelerating growth on a solid foundation
Accelerating growth on a solid foundation For personal use only +170% ARR #1 Exporter #14 Overall #21 Overall +49% Revenue +55% TCV $.0m $2.0m $4.0m $6.0m $8.0m $10.0m $12.0m $14.0m $16.0m $18.0m FY13 FY14 FY15 Page | 33
Slide 34: Establishing a long term customer base
Establishing a long term customer base For personal use only Cumulative units ordered across FY14 and FY15 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Capital units Subscription units FY15 monthly subscription revenue
Slide 35: Major investment in sales & marketing
Major investment in sales & marketing For personal use only Distribution of employees as at June 30 2015 Key focus on build out of US and EU teams 35 staff hired in FY15 12 Highly experienced 17 Up from 2 regional leaders recruited Up from 5 – Ex-head of SportsVU (USA) – Ex-CEO of Prozone
Slide 36: Successful integration of GP Sports
Successful integration of GP Sports For personal use only Acquired GP Sports in June GP Sports TCV ($m) 4.0 2014 Priorities were to retain all clients 3.5 all desired staff 48% 3.0 Highly successful acquisition and 2.5 management of the integration Record sales in FY15 delivering 2.0 48% YOY
Slide 37: FY16 outlook update
FY16 outlook update For personal use only Full Year Results AGM update 1. Strong sales growth □ Strong start to FY16 pipeline □ Pipeline has delivered a solid Q1 result, the 2nd □ Competitive market forces continue to be weak to moderate largest quarter of sales on record □ Expecting emerging market
Slide 38: FY16 outlook update
FY16 outlook update For personal use only FY16 guidance lifted to minimum 8,000 units (+56% on FY15), delivering $24.5m TCV Continued investment in Positioning for further value Strong sales growth global platform creating opportunities Strong start to FY16 pipeline Competitive market forces con
Slide 39: FY16 outlook update
FY16 outlook update For personal use only Catapult is undertaking a small capital raising to accelerate sales & marketing platform Continued investment in Positioning for further value Strong sales growth global platform creating opportunities □ Capital raised to undertake significant expansion of s
Slide 40: FY16 outlook update
FY16 outlook update For personal use only Continued investment in Positioning for further value Strong sales growth global platform creating opportunities GP Sports was a highly successful transaction – Catapult remains open to further value-enhancing opportunities Increased focus on data centra
Slide 41: Questions
For personal use only QUESTIONS Page | 41
Catapult Group International — Shareholder Meeting (November 2015) on 6ix