Swift Tv Limited · ASX:STV
Swift Tv — Swift Networks Group — FY2023 Earnings Presentation
13 slides from Swift Tv's earnings presentation, Aug 30, 2023
Slide 1: Entertain. Engage. Enable. FY23 Annual Results Presentation
Entertain. Engage. Enable. Transform a facility into a community FY23 Annual Results Presentation 30 August 2023
Slide 2: What we do.
What we do. Swift’s three E’s position us as the only company in Australia to deliver a truly customer-centric end-to- end solution of the same depth and breadth. Entertain Better than at home. Content specifically created for the community. Engage + more Customisable communications. Features and to
Slide 3: Our products.
Our products. How our three E’s come to life with Swift Access across different communities & Mining Powered by proprietary low bandwidth technology. Easy-to-use content management system for site and company information Ability to interrupt viewing to deliver alerts and messages Specialist content
Slide 4: Investment opportunity.
Investment opportunity. Increased profitability of the Swift business Enterprise EBITDA of $2.0 million. Growth in Subscription revenue base to $14.0 million with multi-year Swift Access contracts with existing customers During FY23, Swift installed its flagship product, Swift Swift Access positione
Slide 5: Key highlights.
Key highlights. We have created a solid foundation to enable a new phase of growth. Strong sustainable Award of new long- Aged Care gross margin term contracts for partnership with improvement Swift Access Checked In Care Increase in Communications Low Business projects $14.0 million overhead base S
Slide 6: FY23 Financial Highlights.
FY23 Financial Highlights. Enterprise Group Subscription Cash Revenue EBITDA EBITDA Revenue Position $19.1m $2.0m $1.1m $14.0m $2.1m
Slide 7: Results summary.
Results summary. Key points. $ millions FY23 FY22 % • Subscription revenue increased by 4% over FY22 as the effect of the roll out of Swift Access moves beyond existing site upgrades to new Subscription Revenue 14.0 13.5 4% customers and new sites and expansions of existing sites. The effect of this
Slide 8: Balance sheet.
Balance sheet. $ millions FY23 FY22 Cash 2.1 3.8 Key points. Receivables 3.2 2.5 Inventory 1.5 0.8 • Cash balance $2.1 million at 30 June 2023. Other current assets 0.6 0.6 • Cash reduction largely offset by increase in Receivables and Total current assets 7.4 7.7 Inventory. Intangible assets 2.4 2.
Slide 9: Cash flow summary.
Cash flow summary. $ millions FY23 FY22 Cash receipts from operations 19.1 20.2 Cash payments for operations (18.8) (20.0) Key points. Finance costs (0.9) (0.9) Interest received - 0.1 • Receipts from operations comparable between periods, allowing for timing variations. Government grants - 0.1 R&D
Slide 10: Profit & loss analysis.
Profit & loss analysis. $ millions FY23 FY22 KEY POINTS EBITDA 1.1 1.4 (0.3) $900,000 change in accounting recognition of R&D receipts Provision legals (1.4) - (1.4) Estimated provision for costs to settle historical legal issue Depreciation & Amortisation (1.2) (1.3) 0.1 Reduction that reflects con
Slide 11: FY23 Achievement & FY24 Outlook.
Achievement & Resolve historical legal Outlook. issue Large scale installation of Swift Access in Mining Increase investor relations FY24 activities Margin improved driven by installation of Swift Access Seek further partnership Established Partnership opportunities with Hubify in Aged Care sector S
Slide 12: Important notices.
Important notices. This document has been prepared by Swift Networks Group Limited (ACN 006 222 395) (Company) and is current at the date of this document. The information contained in this document is a summary only and does not purport to be all inclusive or to contain all the information that a p
Slide 13: Thank you.
Thank you. Note: New user interfaces for Mining and Aged Care products are in development for FY24.