Macquarie Technology Group Limited · ASX:MAQ
Macquarie Technology — Macquarie Telecom Group — FY2014 Earnings Presentation
17 slides from Macquarie Technology's earnings presentation, Aug 28, 2014
Slide 1: Full Year Results 2014
Full Year Results 2014 David Tudehope & Michael Simmonds 28 August 2014
Slide 2: CEO Presentation
CEO Presentation David Tudehope
Slide 3: Strategic objective
Strategic objective To be the Australia’s leading Managed leading Hosting, provider Cloud and of hosting Telecommunications provider andand to business telco government customers through theservices delivery oftoservice Australian excellence business and government customers through the delivery of
Slide 4: Macquarie Telecom at a glance
Macquarie Telecom at a glance Macquarie Telecom delivers a range of Hosting, Cloud, Data, Mobile and Voice services specifically to the business and government market. Hosting Division We provide secure, scalable, high-availability, co-location, fully managed hosting and private and public cloud ser
Slide 5: Key Financial Metrics
Key Financial Metrics • EBITDA profit of $25.5 million a decrease of $9.6 million on pcp within updated guidance. • Net loss after tax $0.8 million a decrease of $12.1 million on pcp. • Results impacted by the following factors: 1. Planned increase in operating cost, depreciation and interest expens
Slide 6: Intellicentre 2 Update
Intellicentre 2 Update • Approximately 1,300kW (33% of final IT load capacity) contracted as at 31 July 2014 , ahead of plan and up from 700kW contracted as at 30 June 2013. • Fit out of the 2nd Data Hall and installation of the 3rd megawatt of IT load is expected to be completed in the first half o
Slide 7: Federal Government Update
Federal Government Update • Won Department of Agriculture, Fisheries and Forestry (DAFF), Prime Minister and Cabinet (PMC) and the Department of Treasury agency clusters. • Invested $15m in data centre infrastructure – Intellicentre 4 - and customer equipment in Canberra to deliver to the Lead Agenc
Slide 8: CFO Presentation
CFO Presentation Michael Simmonds
Slide 9: Profit Statement
Profit Statement • EBITDA profit of $25.5 million a $m FY14 FY13 Change decrease of $9.6 million on pcp. Revenue 196.8 206.2 (9.4) EBITDA 25.5 35.1 (9.6) • EBIT loss of $0.9 million a decrease of $16.2 million on pcp. EBIT (0.9) 15.3 (16.2) NPAT (NLAT) (0.8) 11.3 (12.1) • NLAT $0.8 million a decreas
Slide 10: Revenue
Revenue Revenue $m Data Voice Mobiles Telco Hosting Total FY11 59.2 86.4 28.2 173.7 53.7 227.5 FY12 62.4 76.2 21.7 160.3 58.5 218.9 FY13 61.0 65.8 18.8 145.7 60.5 206.2 FY14 60.5 55.6 19.6 135.7 61.1 196.8 FY14 v FY13 (0.6) (10.2) 0.7 (10.0) 0.6 (9.4) % change -0.9% -15.5% 3.8% -6.9% 1.0% -4.6% • Ho
Slide 11: EBITDA
EBITDA EBITDA $m Data Voice Mobiles Telco Hosting Corp Office Total FY11 8.8 16.2 3.6 28.6 14.5 (5.9) 37.2 FY12 10.4 17.5 3.4 31.2 15.3 (6.0) 40.6 FY13 11.2 16.2 2.0 29.4 11.1 (5.4) 35.1 FY14 9.4 15.5 (0.3) 24.6 5.9 (5.0) 25.5 FY14 v FY13 (1.8) (0.7) (2.2) (4.7) (5.3) 0.4 (9.6) % change -16.0% -4.2%
Slide 12: EBITDA less Maintenance Capex
EBITDA less Maintenance Capex FY11 FY12 FY13 FY14 EBITDA 37.2 40.6 35.1 25.5 Depreciation 15.4 16.2 19.8 26.4 EBIT 21.8 24.4 15.3 (0.9) Interest 3.1 2.1 0.0 (1.1) NPBT 24.9 26.5 15.4 (2.0) Tax (7.2) (7.0) (4.0) 1.2 NPAT 17.7 19.6 11.3 (0.8) Maintenance Capex 18.0 17.9 18.6 20.6 Growth Capex 12.7 34.
Slide 13: Balance sheet
Balance sheet $m FY14 FY13 • Strict working capital management. Cash and cash equivalents 4.7 9.7 • $50 million working capital facility to Gross Trade Debtors & WIP 12.4 12.0 support strategic growth Other Assets 129.1 118.8 opportunities of which $23.5 million was drawn as at 30 June 2014. Total A
Slide 14: Cash flows
Cash flows $m FY14 FY13 • $12.9 million investment in growth Cash flows from Operating Activities 19.0 26.1 capex in FY14 including expansion of data centre capacity in Sydney and Cash flows from Investing Activities (33.5) (51.5) Canberra. Cash flows from Financing Activities 9.5 4.0 • Intellicentr
Slide 15: FY15 Priorities
FY15 PRIORITIES 1. Complete the delivery of Secure Internet Gateway services to the contracted Federal Government agencies in Intellicentre 4. 2. Increase momentum of Co-location sales into Intellicentre 2. 3. Drive increased performance in the core managed hosting business leveraging the industry m
Slide 16: Questions
Questions Macquarie Telecom Group Ltd Full Year Results 2014
Slide 17: Disclaimer
Disclaimer No express or implied warranty is given as to the accuracy or completeness of the information in this document or any corresponding presentation. This document may contain forward looking statements that, while used in good faith, reflect Macquarie Telecom Group Limited’s current intentio
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