Intelligent Monitoring Group Limited · ASX:IMB
Intelligent Monitoring — Merger or Acquisition (November 2024)
30 slides from Intelligent Monitoring's merger presentation, Nov 7, 2024
Slide 1: Acquisition & Equity Raise Presentation
Sydney Acquisition & Equity Raise Presentation November 2024
Slide 2: Disclaimer
DISCLAIMER This investor presentation has been prepared by Intelligent Monitoring Group Limited (ACN 060 774 227) (IMG or the Company). It contains general information about the Company and its subsidiaries (Group) and the Group’s business as at the date of this presentation, the proposed acquisitio
Slide 3: Intelligent Monitoring Group (IMG) Overview
INTELLIGENT MONITORING GROUP (IMG) OVERVIEW
Slide 4: Overview
OVERVIEW • IMG, under its subsidiary ADT Security Group Pty Ltd, is in advanced negotiations to acquire 100% of Dataline Visual Link Pty Ltd (“DVL”) for $7.0 million1 (“DVL Acquisition”). The DVL Acquisition would strategically expand IMG’s operating footprint in WA, creating a national platform for
Slide 5: FY2025 Guidance
FY2025 GUIDANCE Company expects to earn >$38.0m in underlying EBITDA for FY25 prior to any Acquisitions • Including DVL adds $1.9m of EBITDA on a pro-forma basis • Underlying "normal conditions" EBITDA growth, is expected to be ~17% for FY25 • This adjusts for a one off +$7.9m impact from 3G convers
Slide 6: Company Overview
COMPANY OVERVIEW 4-Nov-24 • IMG is a leading provider of monitored security and IoT Share price $0.50 solutions, serving over 210,000 businesses, homes, and Shares on issue (m) 301.8 individuals in Australia and New Zealand through its Market capitalisation ($m) $150.9 subsidiary brands ADT, Signatu
Slide 7: IMG Board & Businesses
IMG BOARD & BUSINESSES DENNISON HAMBLING PETER KENNAN Managing Director Non-Executive Chairman Joined Jan 2020, Joined Jan 2020, Executive Director August 2021 Chairman Effective July 2021 Australia 81% of Group EBITDA Resi/SME/Comm Significant experience in direct ercial/ADT Care Founder of Black C
Slide 8: Experienced Executive Team
EXPERIENCED EXECUTIVE TEAM Jason Biddell Geoff Campbell-Brown Alison Kingdon Chief Financial Officer General Manager ADT General Manager ADT IMG Group Australia New Zealand 5 years in the Security Industry 24 years of experience in security solutions 20 years of sales and operations Proven competenc
Slide 9: IMG Growth Opportunities
IMG GROWTH OPPORTUNITIES
Slide 10: Three Growth Areas
THREE GROWTH AREAS Looking to take share in growing markets Residential Commercial & security ADT Care Enterprise We have lowered By using best-in- Goal is to return ADT the upfront cost of class monitoring Commercial to security via new and customer $130m+ revenue security systems, service, we can
Slide 11: Access to Key Products Established
ACCESS TO KEY PRODUCTS ESTABLISHED Since 2022 - IMG has introduced completely new products and service platform A complete new back-end system (in Introduction of Access to the latest IMS), tied with access globally leading, easy Access Control to the best video to install residential systems re-est
Slide 12: Re-inventing Guarding
RE-INVENTING GUARDING Cost-Effective Security 24/7 Surveillance High-quality protection that Constant monitoring Positioned for Growth in a optimizes budgetary enhancing overall security posture. Dynamic Security Market constraints. Rapid Response Advanced Technology Immediate communication Integrat
Slide 13: Inorganic Growth Initiatives
INORGANIC GROWTH INITIATIVES
Slide 14: IMG Historical Acquisitions
IMG HISTORICAL ACQUISITIONS Successful track record of integrating past acquisitions Geography – NSW/VIC Acquisition type – Full Business Business Type – Commercial Geography – NZ National Acquisition type – Customer base ACG Business Type – Resi/SME Geography – ANZ National May 24 Acquisition type
Slide 15: IMG Future Acquisitions Roadmap
IMG FUTURE ACQUISITIONS ROADMAP1 Pipeline of accretive Acquisitions to drive inorganic growth Preliminary Commenced Nov 2024 2 discussions negotiations Target 5 Acquisition type – Full Business Business Type – Commercial Security Acquisition type – Full Business Business Type – Commercial Security S
Slide 16: About DVL
ABOUT DVL KEY CAPABILITIES ✓ Custom Solutions: DVL designs tailored solutions to address complex security challenges for diverse businesses and organizations. ❖ Founded in 1996, DVL has built a solid reputation through a ✓ Excellent Project Delivery: Utilizes commitment to best-in-class project deli
Slide 17: Proposed Acquisition of DVL
PROPOSED ACQUISITION OF DVL IMG’s proposed acquisition of DVL anticipated to increase earnings, grow the skilled workforce to provide greater capacity for growth in WA, whilst strengthening the balance sheet ❖ IMG, under its subsidiary ADT Security Group Pty Ltd, is in advanced negotiations to acqui
Slide 18: Equity Raising
EQUITY RAISING
Slide 19: Equity Raising Overview
EQUITY RAISING OVERVIEW • Institutional Placement to raise approximately $20 million to institutional and sophisticated investors (“Placement”) • Approximately 41.7 million new shares to be issued under the Placement, representing 13.8% of issued capital Offer Structure and Size • Placement issued u
Slide 20: Sources and Uses of Funds
SOURCES AND USES OF FUNDS Placement proceeds to fund the completion of the proposed DVL Acquisition (should the acquisition proceed), together with providing balance sheet capacity for other targeted potential Acquisitions which, if all were to complete, have the potential to contribute additional E
Slide 21: Equity Raising Timetable
EQUITY RAISING TIMETABLE Event Date Trading halt Tuesday, 5 November 2024 7.00pm (AEDT) Wednesday, 6 November Record Date for SPP 2024 Resume normal trading and announce Acquisition and results of Thursday, 7 November 2024 Placement Settlement of new shares issued under the Placement Wednesday, 13 N
Slide 22: Company Highlights
COMPANY HIGHLIGHTS With a strengthened balance sheet and increased capacity to unlock growth in both Commercial and Residential work, IMG has a strong platform for cash flow generation and long-term growth ADT Guard and Signature Guard represent promising revenue and market share solutions, 1 poised
Slide 23: Key Risks and International Restrictions
KEY RISKS AND INTERNATIONAL RESTRICTIONS
Slide 24: Foreign Selling Legends
FOREIGN SELLING LEGENDS United States of America This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. This document may not be distributed or released in the United States. The securities in the proposed offering have not been and
Slide 25: Risks
RISKS This section discloses some of the key risks attaching to an investment in Intelligent Monitoring Group Limited (Company). Before investing or increasing your investment in the Company, you should consider whether this investment is suitable for you having regard to publicly available informat
Slide 26: Risks
RISKS Going Concern The Company’s 2024 annual report released to ASX on 30 August 2024 (Financial Report) includes a note on the financial condition of the Company and the possible existence of a material uncertainty about the Company’s ability to continue as a going concern. Notwithstanding the ‘go
Slide 27: Risks
RISKS Privacy and Cyber Security Risk The Company collects, transmits and stores commercial and financial information. Advances in computer capabilities, increasingly sophisticated tools and methods used by hackers and cyber terrorists, new discoveries in the field of cryptography or other developme
Slide 28: Risks
RISKS Intellectual Property Protection Risks The Company seeks to differentiate its service through providing a unique and valuable service. In addition, it seeks to use the latest and most effective products and software to do so. There can be no guarantee that the Company is able to protect any or
Slide 29: Contact Us
CONTACT US Rod North Bourse Communications Pty Ltd Investor Relations Service Mobile: 0408 670 706 Email: rod@boursecommunications.com.au Dennison Hambling Email: dhambling@theimg.com.au 29
Slide 30: Intelligent Monitoring Group
INTELLIGENT MONITORING & 30
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