Slide 1: Objective Corporation Limited AGM – November 2008
Enterprise Content Management for people. For personal use only Objective Corporation Limited AGM – November 2008
Slide 2: Financial Results FY2008
Financial Results FY2008 For personal use only Revenue of $33.5m (up 5%) 34% of Revenue from International markets Pre Tax profit of $1.8m ($4.4m improvement) After Tax Profit of $2.0m R&D Investment of 8.8m (26% of revenue) Dividend 2.50 cps partially franked Special Dividend 0.44 cps unfranked
Slide 3: Financial Results FY2008
Financial Results FY2008 For personal use only
Slide 4: OCL Balance Sheet
Financial Results FY2008 For personal use only OCL Balance Sheet • Net Assets of $16.8m • Cash $16.8m • Receivables $12.4m • No Debt (excluding minimal finance leases) • No Capitalised Research & Development
Slide 5: Asia Pacific Operations
Financial Results FY2008 For personal use only Asia Pacific Operations • Segment Revenue up by 15% • Segment Profitability up to 59% • Positive Sales Momentum under new Sales Team • Service Excellence across Region • ASIC – strategic new customer • Operational Investments in Service Delivery & Mar
Slide 6: European Operations
Financial Results FY2008 For personal use only European Operations • FY2008 Below Expectations Segment Revenue down 26% Slight Profit Improvement • UK Economy Soft • Very light real pipeline during the year • Key Upgrade to Objective 7.2 at Scottish Government • Customer Executive Success with
Slide 7: Restructured Board
Financial Results FY2008 For personal use only Restructured Board • Appointment of Leigh Warren Previous MD of Oracle Australia & New Zealand • Appointment of Nick Kingsbury (UK based) Previous CMO Staffware Plc Principal of 3i Venture Capital (UK) • Gary Fisher to Non-Executive Director rol
Slide 8: Research & Development – FY2009
Research & Development – FY2009 For personal use only Commitment to Applications Engineering division First offerings under Software As A Service Model Investment in R&D • $10m R&D commitment for FY2009 (incl. Apps Eng) • Continued Investment in the 7.x stream • Development of Next Generation
Slide 9: Objective FY2009 Outlook
Objective FY2009 Outlook For personal use only Objective’s FY2009 Outlook • Focus on further revenue and profit improvement • Driving of Business in Vertical Markets in Key Geographies • Continued Commitment to Innovation > 20% R&D • European Operation remains a Work in Progress, but signs of impr