Jcurve Solutions Limited · ASX:JCS
Jcurve Solutions — Shareholder Meeting (November 2017)
15 slides from Jcurve Solutions's shareholder meeting presentation, Nov 22, 2017
Slide 1: JCurve Solutions Annual General Meeting
JCurve Solutions Annual General Meeting ASX: JCS 22 November 2017 9:30am AEDT www.jcurvesolutions.com
Slide 2: Important Information
Important Information The information contained in this Presentation (“Presentation”) has been prepared by JCurve Solutions Limited (“the Company”) and is being delivered for informational purposes only. The Company has prepared the Presentation Materials based on information available to it at the
Slide 3: Chairman's Address
Chairman’s Address Bruce Hatchman Chairman 2 | Annual General Meeting Presentation
Slide 4: Strategic Direction
Strategic Direction Purpose and Vision Since FY2016, JCurve Solutions has embarked on a sustained period of ambitious business growth aiming to increase revenues, diversifying market offerings, expanding geographical territories and investing in our people to increase the value provided to customers
Slide 5: Strategic Business Priorities
Strategic Business Priorities Summary of Performance More MYOB customers Advanced Expense partner New management products GROWING More revenue ENTERING TEMS ERP NEW BUSINESS BUSINESS MARKETS $1 MILLION R&D investment Geography More cash 4 | Annual General Meeting Presentation
Slide 6: Strategic Business Priorities: JCS Strategy
Strategic Business Priorities JCS Strategy #1: Maximizing Value #2: Investing to Grow the ERP #3: Diversification by from the TEMS business including NetSuite, JCurve Leveraging our Core Business ERP and MYOB Advanced Strengths and Capabilities $3.1m in TEMS revenue generated in $7.3m in ERP revenue
Slide 7: Financial Result 2017
Financial Result 2017 Solid financial performance from organic recurring revenue growth from the ERP division and reduced TEMS customer churn P&L Extract 2017 ($m) 2016 ($m) Revenue 10.4 9.7 Summary Operating Expenses (9.7) (9.6) • 7% increase in consolidated revenue achieved through organic growth
Slide 8: June 2017 Financial Position
June 2017 Financial Position Improving financial stability achieved through process improvements and improving financial performance Balance Sheet Extract June 2017 ($m) June 2016 ($m) Summary Cash at Bank 3.5 2.4 • $3.5m of cash held as at 30 June 2017 Deferred Expenditure 0.3 0.4 • Debt free Total
Slide 9: CEO Address
CEO Address Stephen Canning 8 | Annual General Meeting Presentation
Slide 10: Our FY2017 Highlights
Our FY2017 Highlights #1 #2 #3 #4 Strong Financial Performance Early Adoption of Enhanced Capabilities Signed New NetSuite AASB 15 Solution Provider • 7% growth in revenue Recruitment and training to expand • $0.6m EBITDA the capabilities of the ERP Sales, Agreement JCS was one of the first ASX list
Slide 11: We have been investing in our team
We have been investing in our team Significant investment in the sales, marketing and service delivery capability over the past year Net change in headcount by functional division over the past 12 months 54 JCS employees as at 21 November 2017: 10 | Annual General Meeting Presentation
Slide 12: Financials – Trends
Financials – Trends JCurveERP New Business Revenue JCurveERP License Subscriptions Revenue by Product Division Per Customer 3,000 $12,000,000 ERP TEMS 2,500 $10,000,000 $25,000 $8,000,000 2,000 $20,000 $6,000,000 1,500 $15,000 $4,000,000 $10,000 1,000 $2,000,000 $5,000 500 $0 2016 2017 $- - 2014 201
Slide 13: Financials – Detailed Analysis Continued
Financials – Detailed Analysis Continued Growth in recurring revenue FY2013 to FY2017 ERP recurring revenue CAGR of +14% 12 | Annual General Meeting Presentation
Slide 14: FY2018 Market Guidance and Progress
FY2018 Market Guidance and Progress Forecasting a sustained increase in the annuity revenue streams from solutions sold by the ERP Division combined with reduced customer churn from the TEMS division following increased levels of research and development % Increase from FY2017 Measure FY2017 Actual
Slide 15: Overall Summary
Overall Summary Strong Financial Growth Strong Operational Foundations Fundamentals • $3.5m cash at bank as at 30 • Continued organic revenue and • Growing customer base June 2017 profit growth • ‘All in one’ unique product • Debt free • Market trend towards cloud capability adoption • Recurring ERP
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