Sports Entertainment Group Limited · ASX:SEG
Sports Entertainment — Shareholder Meeting (February 2016)
22 slides from Sports Entertainment's shareholder meeting presentation, Feb 11, 2016
Slide 1: Annual General Meeting
THURSDAY NOVEMBER 29, 2012 – 9:30AM Annual General Meeting
Slide 2: 1116 SEN, MyMP and Inside Football talent
1116 SEN, MyMP and Inside Football talent Kicking Goals with MEN 25-54
Slide 3: 2011-2012 Highlights
2011-2012 Highlights EBITDA at $1.37 million up 34% on the comparative period. 2011-12 un-franked dividend of 1.6 cents up 7% year on year and dividend payout maintained within the target range of 70-80%. Consistently strong operating cash flows at $1.5 million up 13% year on year. Initiated / compl
Slide 4: Operational Results
pacitiestar network Sen 1116
Slide 5: Combined Revenue vs. Operating Costs
Combined Revenue vs. Operating Costs 16.0 14.6 14.0 13.2 13.3 13.4 12.5 12.5 11.7 11.4 12.0 11.0 10.5 10.6 10.0 8.7 8.3 8.0 6.0 5.4 4.0 2.0 1.2 0.7 0.8 0.3 - 2006 2007 2008 0.1 2009 2010 2011 2012 -2.0 2.7 -4.0 3.3 -6.0 Revenue Costs Profit/Loss Kicking Goals with MEN 25-54
Slide 6: Nielsen Ratings Share Analysis - Males Aged 25-54
Nielsen Ratings Share Analysis - Males Aged 25-54 14 13 12 11 10 9 8 7 6 5 4 2007 2008 2009 2010 2011 2012 GOLD MMM 3AW ABC SEN Source: AC Nielsen, Rating Survey 5, All people 10+ MON-SUN 05.30AM TO 12MN Kicking Goals with MEN 25-54
Slide 7: SEN Revenue Share %
Advertising Revenue Share Analysis – 1116SEN 7 6 SEN Revenue Share % 5 4 3 2 1 0 1 2007 2 2008 3 2009 4 2010 5 2011 6 2012 Year Kicking Goals with MEN 25-54
Slide 8: Melbourne Talk Radio (MTR)
Melbourne Talk Radio (MTR) In November 2011, PNW sought to agree an MTR budget to lower costs and this led to a dispute with MRN. MRN withdrew funding to the JV and called in their substantial loan. Board had no option but to put MTR JV Company into administration which led to MTR being closed down
Slide 9: SEN Digital & Social Media Strategy
SEN Digital & Social Media Strategy Unique content can be created and linked across all on-line platforms and social media Kicking Goals with MEN 25-54
Slide 10: Inside Football
Inside Football Have revitalised the look and feel by improving quality and design and introduced more colour and advertising. Experienced a learning curve by moving into print and will take longer than estimated to achieve it’d full potential. Looking to develop more efficiencies in print and distr
Slide 11: MyMP
MyMP MyMP has been repositioned away from the old 3MP due to changing market dynamics (Smooth FM / Gold FM). Target market is 45-65 male skewed audience. Core playlist is late 60-70’s plus lifestyle with Glenn Ridge. MyMP has been brought into line with the male offering provided by 1116SEN, Digital
Slide 12: Financial Results
pacitiestar network Sen 1116
Slide 13: Results for four months to October 2012
Results for four months to October 2012 $M 2010 2011 2012 Change Revenue $4.7 $5.2 $5.6m 8% EBITDA $0.6 $0.8 $0.7m (12%) YTD EBITDA result is negatively impacted by $0.2 million due to MyMP’s trading losses. YTD revenue up 8% against a market decline of 5%. Implemented cost reduction initiatives to
Slide 14: Results for four months to October 2012
Results for four months to October 2012 1116SEN performing in line with budget targets. Current cash position is $3.0 million approx so well positioned to explore growth opportunities. Will update full year results guidance with release of interim results in Feb 2013. The Power of Talk
Slide 15: Tax Losses
Tax Losses Tax losses accumulated between 1995-2007 total $20 million. Generated taxable profits of $4 million since 2008 and have utilised some of the earlier tax losses. Company has undertaken a detailed taxation review of the remaining losses in conjunction with our tax advisers. Due to historica
Slide 16: AGM Resolutions
AGM Resolutions Resolution 1- Non Binding “That, for the purposes of Section 250R (2) of the Corporations Act and for all other purposes, the Company adopts the Remuneration Report.” For 5,244,338 Against 760 Abstain 17,072,669 Proxy’s Discretion 13,404,340 Total 35,722,107
Slide 17: AGM Resolutions
AGM Resolutions Resolution 2 “That, Mr Andrew Moffat, who retires from office in accordance with the Constitution, being eligible, is hereby re-elected as a Director of the Company.” For 21,887,136 Against 430,631 Abstain - Proxy’s Discretion 13,404,340 Total 35,722,107
Slide 18: AGM Resolutions
AGM Resolutions Resolution 3 “That, pursuant to section 256B and 256C of the Corporations Act 2001, and clause 9.2 of the Company’s constitution and for all other purposes, the share capital of the Company be reduced by $35,774,780 without cancelling any shares in the Company or returning any capita
Slide 19: AGM Resolutions
AGM Resolutions Resolution 4 “That approval is given to the annual grant of up to 250,000 restricted shares for nil consideration as the Chief Executive Officer’s long-term incentive for the term of his agreement (2011-2015) on the basis set out in the Explanatory Statement on page 9 of the Notice o
Slide 20: AGM Resolutions
AGM Resolutions Resolution 5 “That Grant Thornton Audit Pty Ltd be removed as the Company’s auditor effective from the date of this meeting.” For 22,317,767 Against - Abstain - Proxy’s Discretion 13,404,340 Total 35,722,107
Slide 21: AGM Resolutions
AGM Resolutions Resolution 6 – Special Resolution “That subject to adoption of Resolution 5, BDO East Coast Partnership, being qualified to act as auditor of the Company, and having consented to act as auditor of the Company be appointed as the Company’s auditor effective from the date of this meeti
Slide 22: Close of Meeting
pacitiestar network Sen 1116
Sports Entertainment Group — Shareholder Meeting (February 2016) on 6ix