Slide 1: December 2014 Results Presentation
For personal use only December 2014 Results Presentation March 2015 …experience is the difference
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Shareholders Share Price (27 February 2015) $1.80 David Dicker 62.5m Fully paid ordinary shares 131.1m Fiona Brown 54.8m Options 0.0m Market Capitalisation $236.1m Share price ( 2 years) Cash (31 Dec 2014) $3.7m $2.50 Drawn Debt (31 Dec 2014
Slide 3: Financial Track Record
Financial Track Record For personal use only The Company expects to report substantial growth in sales and profitability in FY15 through the full year contribution from Express Data and from merger cost savings. In FY14 the Company changed its year end to December, prior years reflect the June y
Slide 4: Results Highlights
Results Highlights For personal use only With the acquisition of Express Data, Dicker Data is now one of the top three IT distribution companies in Australasia with annualised revenues expected to be in excess of $1 billion in FY15. The acquisition of Express Data on 1 April 2014 increased the g
Slide 5: Full Year Results to 31 Dec 2014
Full Year Results to 31Dec 2014 For personal use only Key Financial Data Dec-14 Dec-13 Variance 12-month to: (in $m) (in $m) % Total revenue $936.5 $462.3 102.6% The last 12 months include a first time Gross Profit $82.1 $40.0 105.4% (9 month) contribution from the acquired Gross Margin 8.77% 8.64
Slide 6: Revised Guidance
Revised Guidance For personal use only Pre-tax profit Target date Target date 12-month to: 30-Jun-15 31-Dec-15 Original guidance $30.0m New guidance $30.9m The integration of Express Data was expected to be completed by Christmas 2014. Due to delays to system integration and back-end system proc
Slide 7: Balance Sheet
Balance Sheet For personal use only FY14 Balance Sheet ($m) 31-Dec-14 30-Jun-14 The Company finished FY14 with Net Assets $3.7m in cash. Cash and equivalents 3.7 18.2 Accounts receivable 146.1 161.2 The group debt was $122.6m. Inventory 84.6 85.1 Other current assets 1.8 0.0 We retain the West
Slide 8: Integration update and outlook
Integration update and outlook For personal use only Site consolidation completed in September 2014. All Dicker Data (and former Express Data) employees now located in Kurnell. Integration of workforces has been relatively smooth but with less than expected natural attrition following Botany sit
Slide 9: Opportunities
Opportunities For personal use only Cloud computing New Zealand One of Dicker Data’s top initiatives in The acquisition of Express Data has 2015 is the launch of our Cloud provided us an entry into the New Market Place. Zealand market. We are seeing Cloud becoming The business’ head office i
Slide 10: IT market and strategy
IT market and strategy For personal use only Our strategy has been to focus on Market share 2010 versus 2013 delivering excellent service through technical sales expertise developed through specialisation in a limited 11% Other 14% vendor range. 7% Westcon 8% This focus and an aligned employee 3
Slide 11: Our Vendor Brands
Our Vendor Brands For personal use only Top five brands by sales Cisco 27% Other 26% Lenovo 4% Toshiba 4% Symantec 4% Microsoft HP 8% 27% Sales by product PC / Software Laptops 15% 32% Other 5% Printers 4% Servers & Networking 44% March 2015 Dicker Data Results Presentation 11
Slide 12: Appendix: Background to Express Data
Appendix For personal use only Background to Express Data March 2015 Dicker Data Results Presentation 12
Slide 13: Express Data Background
Express Data Background For personal use only Express Data (originally part of ComTech) Revenue was incorporated on October 1996 and, $824m like Dicker Data, was built with strong $471m philosophy of service. In 1998, the business was sold to Dimension Data, which was subsequently acquired by Ex
Slide 14: Acquisition of Express Data
Acquisition of Express Data For personal use only $1,500m On 10 February 2014 we announced the acquisition of Express Data $1,250m Holdings. $1,000m The merger of our two business brings $750m together the third and fourth largest IT $500m distributors in Australasia to form a business with simi
Slide 15: Thank you
Thank you For personal use only Questions? Contact Information David Dicker – david@dickerdata.com.au Mary Stojcevski – mary.stojcevski@dickerdata.com.au March 2015 Dicker Data Results Presentation 15
Slide 16: Disclaimer
Disclaimer For personal use only This presentation contains certain forward-looking and unaudited information. Such information is based on estimates and assumptions that, whilst considered reasonable by the Company, are subject to risks and uncertainties. Actual results and achievements could be si