Adneo Limited · ASX:AD1
Adneo — Shareholder Meeting (November 2024)
23 slides from Adneo's shareholder meeting presentation, Nov 29, 2024
Slide 1: AdNeo Strategy
rsonal use only AdNeo Strategy ASX : AD1 AGM Presentation 2024 1
Slide 2: rsonal use only
rsonal use only AGM Presentation 2024 2
Slide 3: rsonal use only
rsonal use only AGM Presentation 2024 3
Slide 4: We actively acquire, own, and manage high-growth companies in SaaS and innovative services
We actively acquire, own, rsonal use only and manage high-growth companies in the SaaS and innovative services sectors. AdNeo is dedicated to creating sustainable, long- term value through strategic acquisitions, focusing on innovative SaaS products and services. Our approach delivers diversified, r
Slide 5: AdNeo Vision & Mission
AdNeo Vision & Mission rsonal use only Mission Vision Through active ownership, To establish itself as Australia's expert management, and premier acquirer synergistic client verticals, of SaaS and AI-driven service we drive value for our tools designed to revolutionise shareholders within our global
Slide 6: Sector Focus
Sector Focus rsonal use only Digital & workforce SaaS & AI-driven transformation service offerings Enabling innovative ways of working and Combining SaaS and AI delivers cloud unlocking workforce potential: accessibility and intelligent tools that: • Drive innovation and gain a • Enable real-time, a
Slide 7: Industries we serve
Industries we serve We operate across a diverse range of industries delivering innovative solutions to meet unique rsonal use only sector needs. Government Government & Corporates & Defence Defence & Associations AGM Presentation 2024 7
Slide 8: Value Proposition
Value Proposition Our value proposition is built on a strategic approach that leverages complementary offerings and rsonal use only deep ecosystem insights to deliver tailored solutions for our clients. Our Approach Key Benefits Complementary Offerings Enhanced Client Satisfaction Integration of a d
Slide 9: Our customers represent many of the largest employers in AUS and US
Our customers represent many of the largest employers in AUS and US Government & Defence Corporates & Associations rsonal use only AGM Presentation 2024 9
Slide 10: The team to lead
The team to lead rsonal use only Nicholas Smedley Michael Norster Angus Washington Antonluigi Gozzi Non Exec Chairman Non Exec Director CEO, Executive Director Board Advisor Strategy & Technology M&A M&A Strategy Strategy Execution IR Technology Leadership Technology Capital Structure Governance Gro
Slide 11: The team to deliver
The team to deliver rsonal use only Todd Perkinson Prerna Sinha Bonnie Borland Nick Lehrain Gina Meibusch CFO/COO Group CTO Managing Director, Creative Director, Head of Customer Oliver Grace Oliver Grace Solutions Finance Technology Strategy Strategy Customer solutions Cost Control Security Busines
Slide 12: Three key drivers of Organic Growth
Three key drivers of Organic Growth Direct Distribution Product rsonal use only 1 2 3 Sales Agreements Innovation GOAL: $10m Pipeline of Sales GOAL: Activate referral GOAL: Pre-integrate Qualified targets partners and resellers with HR systems ● Increase share of wallet with ● Activate Ambassador Pr
Slide 13: Inorganic growth via synergistic acquisitions
Inorganic growth via synergistic acquisitions Acquire Target Acquisitions: Up to $20 million revenue from strategic acquisitions Quick Path to Profitability: Rapid transition to cash flow-positive status post-merger rsonal use only We actively seek high-growth investments in Focus on Innovation: Inn
Slide 14: CEO's Execution Priorities and Operating Model
CEO’s Execution Priorities and Operating Model Operating Cash Flow Positive* Disciplined capital allocation rsonal use only ● Every business, every quarter ● Value accretive acquisitions, minimise dilution ● Growth, without impacting profitability ● Underpromise and overdeliver ● Lean teams, with si
Slide 15: AdNeo Integrated Portfolio
AdNeo Integrated Portfolio Wholly owned Businesses rsonal use only AGM Presentation 2024 15
Slide 16: ApplyDirect is Australia's leader in private Job Boards for governments
ApplyDirect is Australia’s leader in private Job Boards for federal, state and local governments Strategic Positioning & Offering: Investment Highlights: Key Metrics*: rsonal use only Founded in 2006, ApplyDirect is the With +200k employment positions Customers: 8 technology provider of choice for t
Slide 17: Art of Mentoring is an award-winning innovator in mentoring software
Art of Mentoring is an award-winning innovator and market leader in mentoring software and training platform Strategic Positioning & Offering: Investment Highlights: Key Metrics*: rsonal use only Established in 2016, acquired in 2022, Companies spend more than $340 billion Customers: ~100 female fou
Slide 18: Oliver Grace is Australia's premier Strategic Creative Studio and Brand Agency
Oliver Grace is Australia’s premier Strategic Creative Studio and Brand Agency Strategic Positioning & Offering: Investment Highlights: Key Metrics*: rsonal use only Founded by Bonnie Borland and Nicholas OG has an impressive and diverse client Customers: 40+ Lehrain in 2019, and acquired in 2024, O
Slide 19: Visit AdNeo.com.au
rsonal use only Visit AdNeo.com.au Q&A Contacts: Angus Washington, CEO angus@adneo.com.au Investors Relations ir@adneo.com.au AGM Presentation 2024 19
Slide 20: Appendix: Strategic Review & Key Insights
Appendix: Strategic rsonal use only Review & Key Insights AGM Presentation 2024 20
Slide 21: Completion of the AD1 Strategic Review
Completion of the AD1 Strategic Review Over the past 18 months, the Board and CEO have led a strategic review that successfully transformed the company and established a strong foundation for future growth. rsonal use only Objectives Outcomes Cost Restructure Achieved $4m* cost reduction Asset Ratio
Slide 22: Key Insights drive our strategy going forward: 'Cash Flow Positive Growth'
Key Insights drive our strategy going forward, which will focus on ‘Cash Flow Positive Growth’ FY25 ACTIVITIES: Successful Capital Raise to fund acquisition of Oliver Grace (synergistic client acquisition and cross selling) rsonal use only MARKET LEADER: We have accumulated an enviable portfolio of
Slide 23: AD1 is currently trading at a significant discount to market multiples
AD1 is currently trading at a significant discount compared to market multiples, offering a unique opportunity for our shareholders rsonal use only Public Market Valuations M&A Transaction Q1 FY25 SOURCE: Venero Capital 2Q 2024 WorkTech Market Update - M&A and Investment Activity. https://www.venero