Swift Tv Limited · ASX:STV
Swift Tv — H1 FY22 Earnings Presentation
13 slides from Swift Tv's earnings presentation, Feb 25, 2022
Slide 1: FY22 Swift Half Year Results Presentation
FY22 Swift Half Year Results Presentation Brian Mangano, CEO and Managing Director
Slide 2: We create premium accommodation experiences
The New We create premium accommodation experiences through superior engagement, communication and entertainment solutions. Swift is uniquely positioned as Australia’s largest digital media platform to provide simple and effective engagement, entertainment, communications and network solutions acros
Slide 3: Investment Opportunity
Investment Opportunity. The first half of FY22 saw Swift introduce its new flagship product, Swift Access, which will drive growth in high quality recurring revenue 1 Strong growth opportunities in our core verticals of Mining and Aged Care 2 Renewed growth in recurring Revenue base of $14 million w
Slide 4: Highlights – Foundation for Growth
HIGHLIGHTS – FOUNDATION FOR GROWTH. $13.6 million annualised recurring Strong sustainable gross margin improvement revenue Successful launch of market leading Swift Access Recurring Revenue Up 6% Product Award of new long-term contracts for Completed divestment of Medical Swift Access Media business
Slide 5: Growth Opportunities
GROWTH OPPORTUNITIES. Mining & Resources Market Size • New Swift Access product will drive growth in market share. 150,000+ • Swift Access is the only platform in the Mining sector that Rooms in Villages provides, Engagement, Entertainment and Communication with a bandwidth management system. • Site
Slide 6: H1 FY22 EBITDA Improvement
H1 FY22 EBITDA IMPROVEMENT. H1 REVENUE CASH H1 ENTERPRISE EBITDA $8.7m $2.3m $0.1m ANNUALISED H1 RECURRING ASX LISTED RECURRING REVENUE INVESTMENT REVENUE $6.8m $13.6m $1.9m (1) EBITDA is a non-IFRS measure 6
Slide 7: Results Summary
RESULTS SUMMARY. $ millions H1 FY22 H1 FY21 % KEY POINTS Recurring Revenue 6.8 6.4 6% • 6% increase in recurring revenue over Prior corresponding period. Project Revenue 1.9 2.6 (27%) • First half project revenue down 27% due to the timing of network project deliveries. Project growth being delivere
Slide 8: Balance Sheet
BALANCE SHEET. $ millions 31 Dec 2021 30 Jun 2021 Cash 2.3 3.9 Receivables 2.3 3.1 KEY POINTS Inventory 1.1 0.8 Other current assets 0.5 0.6 Total current assets 6.2 8.4 • Cash balance $2.3m as at 31 December 2021. Intangible assets 1.7 1.7 • Receivables balance in line with continuing operations. O
Slide 9: Cash Flow Summary
CASH FLOW SUMMARY. $ millions H1 FY22 H1 FY21 Cash receipts from operations 9.6 10.9 Cash payments for operations (10.4) (10.3) KEY POINTS Finance costs (0.4) (0.5) Interest received 0.0 0.1 • Prior comparable cash flow from continuing Government grants 0.1 0.4 operations excludes cash flow effect o
Slide 10: A next-generation engagement, entertainment and communications solution
A next-generation engagement, entertainment and communications solution. CASTING PREMIUM ON- SMART BANDWIDTH EASY TO USE TAILORED TO CAPABILITY DEMAND CONTENT MANAGEMENT COMMUNICATIONS YOUR FACILITY Next generation Swift provides the latest Swift's unique Swift's platform Swift's system and casting
Slide 11: Achievements & Outlook
ACHIEVEMENTS & OUTLOOK. H1 FY22 Achievements. Focus for H2 FY22. ✓ Launch Swift next generation technology in Mining and 1. Commence delivery of Swift Access to existing key customers Aged Care 2. Invest in brand recognition in core verticals of Mining and ✓ Commenced growth in recurring revenue thr
Slide 12: Providing Technology and Communication Solutions to Connect and Engage Communities
Providing Technology and Communication Solutions to Connect and Engage Communities Growing market Tailored content Tailored content 78% recurring Smart tech Premium Strong reputation share in high solutions for solutions for revenue without the high early release in communications barrier to entry M
Slide 13: Important Notices
IMPORTANT NOTICES. This document has been prepared by Swift Media Limited (ACN 006 222 395) (Company) and is current at the date of this document. The information contained in this document is a summary only and does not purport to be all inclusive or to contain all the information that a prospectiv