Slide 1: 2023 Annual General Meeting CEO/MD Presentation
16 November 2023 2023 Annual General Meeting CEO/MD Presentation Superloop Limited (ASX:SLC) (Superloop) provides the attached Managing Director / Chief Executive Officer presentation which will be delivered today at 02.00 p.m. AEDT at the Superloop 2023 Annual General Meeting. ENDS Authorised for r
Slide 2: CEO/MD Address
CEO/MD Address. Paul Tyler Chair Address Formal Business CEO/MD Address Business Update Summary & Outlook Superloop Limited
Slide 3: FY23 Financial Highlights
FY23 Financial Highlights. Strong performance on all key financial metrics; exceeded guidance Total Revenue Gross Margin Underlying EBITDA1 $323.5m $116.9m $37.4m 29.5% growth vs PCP 43.3% growth vs PCP 82.2% growth vs PCP NPATA2 Operating Cash Flow Leverage Ratio ($3.7m) $43.2m 0.5 times 81.5% chan
Slide 4: A transformation complete in FY23
A transformation complete in FY23. FY2020 FY2023 Customers 30k 368k >10x Growth Revenue $107.6m $323.5m 3.0x Op cashflow $12.9m 3 in 3 $43.2m 3.4x Strength Net Debt1 $33.5m Strategy $13.3m 4.0x Underlying EBITDA $13.5m $37.4m 2.8x Profitability $(3.7)m 8.6x NPATA $(31.5)m (1) Net Debt equates to the
Slide 5: Profitable growth across all three segments, delivering overall 82.2% Underlying EBITDA growth in FY23
Profitable growth across all three segments, delivering overall 82.2% Underlying EBITDA 1 growth in FY23. Double digit revenue growth across all three segments 2 Underlying EBITDA 1 from Consumer (A$m) Business (A$m) Wholesale (A$m) continuing operations 3 (A$m) FY23 Gross Margin: 29.1% FY23 Gross M
Slide 6: Refreshing the internet
Refreshing the internet. The brand refresh delivered award wins, awareness bumps, and a big boost in likeability and consideration Brand research & strategy Campaign launch Award achievement Award achievement Rebrand validated Refresh your internet Won Canstar Blue’s Innovation Won AFR Digital Trans
Slide 7: Good progress under ESG framework
Good progress under ESG framework. Environmental Social Governance Responsibility Impact Excellence Greenhouse Gas Emission Staff focused initiatives to promote Significant investment in policy baselining commenced wellbeing, growth, equity, diversity development, compliance and – and inclusion risk
Slide 8: FY24 Business Update
FY24 Business Update. Chair Address Formal Business CEO/MD Address FY24 Business Update Summary & Outlook Superloop Limited
Slide 9: Trading Update
Trading Update. CONSUMER BUSINESS WHOLESALE LARGEST ORGANIC KEY WINS IN LARGE CORPORATE STRONG QUARTER SETTING GROWTH QUARTER EVER • Wins including PACT Group, Baptcare and FOUNDATION FOR FY24 SUCCESS • Strong growth in Q1 with 15,700 new customers, CSC global. Many SASE wins now in transition. • nb
Slide 10: Customer base growth of 21,500 in Q1 (+6% on prior quarter)
Customer base growth of 21,500 in Q1 (+6% on prior quarter). Total Customers1 (‘000): Quarter-on-quarter growth +6% Consumer 389.8 • Best organic growth quarter ever, with over 15,700 new customers +6.5% 368.3 in Q1 (+6.5% QoQ). • Superloop share of new nbn orders of 7.5%, helping drive overall 243.
Slide 11: NBN SAU Update
• Implementation of new nbn Special Access Undertaking (SAU) from 1 December 2023. • Superloop strategically positioned to disproportionally benefit due to NBN SAU the focus on high-speed plans. • New SAU provides growth opportunities across the business: Update. • Consumer: leveraging the SAU price
Slide 12: Summary & Outlook
Summary & Outlook Chair Address Formal Business CEO/MD Address FY24 Business Update Summary & Outlook Superloop Limited
Slide 13: FY24 focus – Year of Double Down
FY24 focus – Year 1 of Double Down. • Strong Q1 order volumes across all three segments. • Organic growth in all 3 segments • Stable key operational cost metrics including cost to acquire. • Continuing focus on operating and free-cash flow metrics Focus on cost control to drive financial leverage •
Slide 14: Positive Outlook: FY24 Guidance
Positive Outlook: FY24 Guidance. • Underlying EBITDA1 of $49m-$53m, representing a 31-42% increase on FY23 • Capex range $20m-$22m, depending upon customer demand and timing of payments for key customer wins (1) Underlying EBITDA is calculated as Statutory EBITDA adjusted for non-recurring transacti
Slide 15: Got a question?
Got a question? Superloop Limited
Slide 16: Thank you
Thank you. Superloop Limited
Slide 17: Appendix: Customer number definition
Consumer Unique customers on various access technologies such as nbn™, Superloop Fixed Wireless and mobile. A single customer with multiple services (such as broadband, VoiP and mobile) only counts as a single customer. Business Unique end business locations on various access technologies such as Su