Prophecy International Holdings Ltd · ASX:PRO
Prophecy International — H1 2016 Earnings Presentation
19 slides from Prophecy International's earnings presentation, Mar 11, 2016
Slide 1: Interim Results (six months ended 31 December 2015)
For personal use only Prophecy International Holdings Ltd. Interim Results (six months ended 31 December 2015) March 2016 .
Slide 2: Corporate Overview
$3.00 For personal use only $2.50 $2.00 Prophecy $1.50 Corporate Overview $1.00 $0.50 $0.00 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Enterprise Value Board of Directors Share Register @ 8 Mar 2016 Share price ($) 1.59 Ed Reynolds Non-exec Reyer Investments 11.8% Chairman (Ed Reynolds - founder) Sha
Slide 3: The Prophecy Business
The Prophecy Business For personal use only Product Market Description Opportunity Revenue (FY16 guidance) IT systems security Software designed to detect system Large & global $10.0m for commercial and intrusion and log, manage and analyse public sector large amounts of events data. organisations K
Slide 4: Blue Chip Clients
Blue Chip Clients For personal use only Snare Clients eMite Clients 1200 300 Clients (cumulative) Clients (cumulative) 1000 250 800 200 600 150 400 100 200 50 0 0 2012 2013 2014 2015 2016 (ytd) 2013 2014 2015 2016 (ytd) 4
Slide 5: Key Results Highlights
Key Results Highlights For personal use only • Sales revenue – up 81% to $8.0m • Snare - up 90% to $3.8m on strong US sales • eMite – contribution from 1 July 2015 $2.6m • Net profit after tax – up 34% to $1.8m • EBITDA - up 55% to $3.1m assisted by strong sales growth coupled with targeted investme
Slide 6: Financials – Profit & Loss
Financials – Profit & Loss For personal use only Profit & Loss 1H16 1H15 %ch Sales $m 8.0 4.4 81 • Strong Snare sales plus new eMite sales EBITDA $m 3.1 2.0 55 • Efficient revenue growth Margin (%) 39 45 (6) • Snare margin 56% but Legacy margin declined Net interest 0.0 0.0 0.0 Pre-tax profit $m 2.6
Slide 7: Financials Balance Sheet and Cashflow
Financials Balance Sheet and Cashflow For personal use only Balance Sheet ($m) 1H16 FY15 Cash 5.2 5.6 Property, plant & equip 0.4 0.2 Intangibles 17.8 3.0 • Acquisition of eMite Other assets 4.4 6.8 Total assets 27.8 12.6 • Acquisition of eMite Debt 0.0 0.0 Other liabilities 9.7 4.3 • Includes final
Slide 8: Segmental Breakdown
Segmental Breakdown For personal use only Revenue Snare eMite Legacy Total 1H15 $m 2.0 - 2.4 4.4 1H16 $m 3.8 2.6 1.6 8.0 %change 90 na (33) 81 EBITDA Snare eMite Legacy Total 1H15 $m 1.2 - 0.8 2.0 1H16 $m 2.2 0.8 0.1 3.1 %change 92 na (92) 55 Margin Snare eMite Legacy Total 1H15 % 54 - 34 45 1H16 %
Slide 9: Snare Business Model
Snare Business Model For personal use only Business Model Drivers and Opportunities • Software system that detects cyber • Growing awareness of business risks from cyber intrusion attacks • Logs, manages, audits, archives and • Changes to legislation around IT security compliance analyses large volu
Slide 10: Snare Highlights
Snare Highlights For personal use only Key Highlights • Sales revenue invoiced up 88% to $4.2m • New sales up 120% half on half • Driver is International sales • Total Installed devices – up 32% in 1H16 to 500,000 • Wins at Warner Brothers, Safeway, Boeing, Delta Airlines, IBM, Lockheed Martin, Bell
Slide 11: eMite Business Model
eMite Business Model For personal use only Business Model Drivers and Opportunities • A disruptive technology, providing ‘Business • Embryonic market – market needs still Intelligence Analytics software’ to enterprise evolving customers. • Business Value Dashboards usage to grow • Easy to deploy, si
Slide 12: eMite Highlights
eMite Highlights For personal use only Invoiced New Sales ($m) Key Highlights • Acquired July 2015 for 6m PRO shares and $7.9m cash consideration • Annualised sales of $6.5m and EBITDA of $3.0m • Founders Stuart and Darren Geros committed to growing the business • 1H16 sales invoiced up to $3.2m • D
Slide 13: Management Priorities/Initiatives
Management Priorities/Initiatives For personal use only • Continue expanding sales team in US and Europe for Snare and eMite • Increase outbound sales & marketing activity • Sign up additional major channel partners to drive towards 50% of sales • Product Development • RealtimeBI (eMite lite) - goin
Slide 14: Outlook - Guidance
Outlook - Guidance For personal use only • Outlook remains unchanged • FY16 Revenue target is $20 million • FY16 EBITDA target is $8.9 million 14
Slide 15: Appendix - How Snare works
Appendix 1 - How Snare works For personal use only 15
Slide 16: Appendix - How eMite works
Appendix 2 - How eMite works For personal use only 16
Slide 17: Appendix - Experienced Team
Appendix 3 - Experienced Team For personal use only Ed Reynold, Non-exec Chairman (founder) Ed has been with Prophecy since 1987, joining as General Manager. Ed brought to Prophecy a long history in sales, with a passion for setting and achieving ambitious targets. Ed takes great delight in identify
Slide 18: Appendix (cont.)
Appendix 3 (cont.) For personal use only Peter Barzen, Executive Vice President – Americas Peter has been with the Prophecy group since the late 1980s, starting as a software developer. His aptitude for sales developed during the 1990s as a pre-sales product consultant, leading to his move to the US
Slide 19: Legal Disclaimer
Legal Disclaimer For personal use only This presentation has been prepared by Prophecy International Holdings Limited. The information in this presentation is of a general nature and does not purport to be complete, nor does it contain all of the information which would be required in a prospectus p
Prophecy International Holdings — H1 2016 Earnings Presentation on 6ix