Slide 1: AGM Presentation
For personal use only November 2015 AGM Presentation Paul Gillespie CEO
Slide 2: Looking Forward
LOOKING FORWARD The release, publication or distribution of this presentation in These statements are not guarantees of future performance For personal use only certain jurisdictions may be restricted by law and therefore and are subject to known and unknown risks, uncertainties persons in such juri
Slide 3: FY15 Highlights
CHAPTER 1 For personal use only 01 FY15 Highlights FY15 AGM Presentation 3
Slide 4: FY15 Highlights
FY15 Highlights For personal use only § UK Services business turned around to generating positive EBITDA month by month -‐ $350k in June. Trend continuing to $440k EBITDA in September. § New Management team in the Services business continue to go from strength to strength. § Technology division
Slide 5: Financial Update: An improving picture
CHAPTER 2 For personal use only 02 Financial Update: An improving picture FY15 AGM Presentation 5
Slide 6: Q1 FY15 v Q1 FY16 Smart Parking Group
Q1 FY15 v Q1 FY16 Smart Parking Group 9,000 For personal use only 8,000 7,579 7,000 § $2.6m revenue increase in Q1 6,000 FY16 from Q1 FY15 4,956 5,000 § 31% revenue increase year on 4,000 year – 53% including FX impact 3,000 2,000 § $1.6m EBITDA improvement year on year 1,000 116 0 Revenue EBITDA
Slide 7: Q1 FY15 v Q1 FY16 Management Services
Q1 FY15 v Q1 FY16 Management Services For personal use only 3,000 § 38% revenue increase Q1 2,500 2,358 2,544 FY16 v Q1 FY15 – 56% 2,329 revenue increase including FX impact 2,000 1,588 1,528 1,516 § $1.2m EBITDA 1,500 improvement Q1 FY16 V Q1 FY15 1,000 § Technology roll out 441 500 341 332 stra
Slide 8: Q1 FY15 v Q1 FY16 Technology
Q1 FY15 v Q1 FY16 Technology For personal use only 1,000 766 § 72% revenue increase Q1 800 FY16 v Q1 FY15 600 444 400 § 18.5% improvement in the EBITDA loss year on year 200 0 § Technology orders Revenue EBITDA (200) continue to be slow in converting from prospect (400) to confirmed contracts, (6
Slide 9: Operational Update - Services
CHAPTER 3 For personal use only 03 Operational Update - Services FY15 AGM Presentation 9
Slide 10: FY15 Management Services Update: Key Points
FY15 MANAGEMENT SERVICES UPDATE For personal use only KEY POINTS -‐ New management team in place from November 2014 Continued technology implementation Greater focus on service delivery and process management New contract wins FY15 AGM Presentation 10
Slide 11: New management team in place from November 2014
FY15 MANAGEMENT SERVICES UPDATE For personal use only New management team in place from November 2014 § New Managing Director – Ben Johnson formerly of Parking Eye. See link below § New Finance Director § New Operations Director – formerly of Parking Eye § New Client Service Director -‐ formerl
Slide 12: Continued Technology Implementation
FY15 MANAGEMENT SERVICES UPDATE Continued Technology Implementation For personal use only Number Plate Recognition Installations FY16 § New ANPR linked with P&D 16 technology developed and 14 deployed. 12 § 40 sites upgraded with ANPR 10 technology since January 15. An additional 26 installed sinc
Slide 13: New Contract Wins
FY15 MANAGEMENT SERVICES UPDATE New Contract Wins For personal use only § Matalan contract retained through competitive process in 2014 – expanded in 2015 from 28 sites to 88 with focus on technology. § Omniplex Cinema group signed with 11 new sites – technology focus. § New sites awarded to us f
Slide 14: Operational Update - Technology
CHAPTER 4 For personal use only 04 Operational Update - Technology FY15 AGM Presentation 14
Slide 15: Technology Update
TECHNOLOGY UPDATE For personal use only FY15 AGM Presentation 15
Slide 16: Technology Update: Key Points
TECHNOLOGY UPDATE For personal use only KEY POINTS § Technology contract wins § Westminster City Council update -‐ http://www.smartparking.com/keep-‐up-‐to-‐ date/video/smart-‐parking-‐in-‐the-‐city-‐of-‐westminster § Technology trial sites expanded in UK, AUS and NZ § RFID Update FY15
Slide 17: Technology Update
TECHNOLOGY UPDATE § Transport for London contract won installation For personal use only complete – revenue recognition in the same period – 1,585 sensors across 29 underground station car parks. § ACT contract secured for 460 bays. First Smart Parking project in the Australian Capital City. § Pa
Slide 18: Westminster Update
WESTMINSTER UPDATE § Westminster phase 1 complete. For personal use only § Maintenance and data contract commenced – all KPI’s being met. § Westminster phase 2 internal evaluation complete. § Awaiting final decision on phase 2 order. § RFID trial live in October 2015 – potential for expansion t
Slide 19: RFID Technology Update
RFID TECHNOLOGY UPDATE For personal use only § First on-‐street project now live and installed in October 15 § On-‐line portal in trial as part of installation § Further expansion of technology planned for sites in New Zealand and Australia FY15 AGM Presentation 19
Slide 20: Summary
Summary For personal use only 05 Summary FY15 AGM Presentation 20
Slide 21: Summary
SUMMARY § SPZ continue to lead the world in the development of intelligent car parking solutions for cities around the globe For personal use only and technology led Parking Management Services in the UK. § Financial results for FY15 in technology are below expectation but the pipeline is strong a