Catapult Sports Ltd. · ASX:CAT
Catapult Sports — Catapult Group International — Shareholder Meeting (August 2021)
41 slides from Catapult Sports's shareholder meeting presentation, Aug 20, 2021
Slide 1: Catapult 2021 AGM Presentation
For personal use only CATAPULT 2021 AGM PRESENTATION AUGUST 20, 2021 Catapult Group International Limited (ASX:CAT, ‘Catapult’ or the ‘Company’) attaches a copy of the presentation to be delivered to shareholders at its Annual General Meeting commencing at 10:00am (Melbourne time) today. Authorized
Slide 2: 2021 Annual General Meeting
ANNUAL GENERAL MEETING For personal use only 2021 ANNUAL GENERAL MEETING AUGUST 20, 2021 CATAPULTSPORTS.COM 1
Slide 3: Important Notice
ANNUAL GENERAL MEETING IMPORTANT NOTICE For personal use only This document may contain forward looking statements including plans and objectives. Do not place undue reliance on them as actual results may differ, and may do so materially. They reflect Catapult’s views as at the time made, are not gu
Slide 4: Introduction of Directors and Executives
ANNUAL GENERAL MEETING INTRODUCTION OF DIRECTORS AND EXECUTIVES For personal use only DR ADIR SHIFFMAN MR THOMAS BOGAN MS MICHELLE GUTHRIE MR SHAUN HOLTHOUSE Executive Chairman Independent Non-Executive Independent Non-Executive Co-founder and Director, Chair of Scaling Director, Chair of Nomination
Slide 5: Agenda
ANNUAL GENERAL MEETING For personal use only AGENDA 1. CHAIRMAN’S ADDRESS 2. CEO’S ADDRESS 3. FORMAL BUSINESS 4. SHAREHOLDER QUESTIONS CATAPULTSPORTS.COM 4
Slide 6: Chairman's Address
ANNUAL GENERAL MEETING For personal use only CHAIRMAN’S ADDRESS DR ADIR SHIFFMAN Executive Chairman CATAPULTSPORTS.COM 5
Slide 7: We Work With the Very Best
ANNUAL GENERAL MEETING WE WORK WITH THE VERY BEST For personal use only CATAPULTSPORTS.COM 6
Slide 8: Strong Progress Against Our Key SaaS Metrics
ANNUAL GENERAL MEETING STRONG PROGRESS AGAINST OUR KEY SAAS METRICS For personal use only ➔ We delivered 16.5% ACV growth and lower churn ➔ ACV in EMEA up 57% ➔ ACV in APAC up 34% ➔ ACV in Americas up 4% USD $M FY21 FY20 % CHANGE ACV 48.4 41.5 16.5% ACV CHURN % 5.5% 6.4% -1 4 .1 % SAAS SUBSCRIPTION
Slide 9: Our Strategy to Drive Customer Value
ANNUAL GENERAL MEETING OUR STRATEGY TO DRIVE CUSTOMER VALUE For personal use only PLATFORM DATA CONTEXTUALIZATION GROWTH ➔ Platform of ➔ Data generates ➔ Contextualizing data ➔ Drives Customer solutions for new insights that helps coaches Value sports that support teams to understand addresses multi
Slide 10: SBG Significantly Exceeds the SaaS Rule of 40
ANNUAL GENERAL MEETING SBG SIGNIFICANTLY EXCEEDS THE SAAS RULE OF 40 For personal use only ➔ SBG acquisition is well supported by the Rule of 40 ➔ Our evidence-points support over-achieving on a Rule of 40 ➔ FY21 ACV growth of 28% and EBITDA margins of 28% ➔ Growth in the Vision customer base (our f
Slide 11: SBG Fits and Accelerates Our Strategy
ANNUAL GENERAL MEETING SBG FITS AND ACCELERATES OUR STRATEGY For personal use only ➔ Accelerates development of contextualizing performance data in video ➔ Improves time to market by ~two years versus in-house development ➔ Complements development strategy for Vision ➔ Enhances our platform ➔ Accele
Slide 12: Chairman's Address
ANNUAL GENERAL MEETING For personal use only CHAIRMAN’S ADDRESS DR ADIR SHIFFMAN Executive Chairman CATAPULTSPORTS.COM 11
Slide 13: CEO's Address
ANNUAL GENERAL MEETING For personal use only CEO’S ADDRESS MR WILL LOPES Chief Executive Officer CATAPULTSPORTS.COM 12
Slide 14: Two Consecutive Quarters of 35% ACV Growth
ANNUAL GENERAL MEETING TWO CONSECUTIVE QUARTERS OF 35% ACV GROWTH For personal use only 35% growth for H2 annualized as growth momentum shifts 48.4 CATAPULTSPORTS.COM 13
Slide 15: Our Focus Captured Momentum Shift
ANNUAL GENERAL MEETING OUR FOCUS CAPTURED MOMENTUM SHIFT For personal use only ➔ P&H ACV grew almost 3x faster in FY21 than in FY20 ➔ P&H ACV grew faster during Covid than FY20, with annualized Q4 ACV growth of 55% ➔ Growth momentum accelerated globally in Q4 (all regions >40% annualized) ➔ ACV chur
Slide 16: Financial Highlights
ANNUAL GENERAL MEETING FINANCIAL HIGHLIGHTS For personal use only ➔ Free Cash Flow of $4.9M up 68.6% - second consecutive year of positive free cash flow while maintaining our level of R&D investment ➔ Our focus on growing recurring revenue delivered subscription revenue growth of 3.3%, buoyed by 16
Slide 17: Momentum in ACV Growth Driven by APAC and EMEA
ANNUAL GENERAL MEETING MOMENTUM IN ACV GROWTH DRIVEN BY APAC AND EMEA For personal use only ➔ COVID still impacting ACV by Region (US$M) ACV Growth by Region US customers 60 60% 57% relatively more than customers in other 50 50% regions ➔ Significant potential 40 40% for ACV growth in 34% the US, ou
Slide 18: Building a World Class SaaS Business
ANNUAL GENERAL MEETING BUILDING A WORLD CLASS SAAS BUSINESS For personal use only ➔ We are delivering on the things we said we would accomplish to scale Catapult to the next level End of FY21 Measure The Right Things Improve Governance Reset Prosumer Business Expand Platform Growth Metrics – ACV, AC
Slide 19: SBG New Clients and Markets
ANNUAL GENERAL MEETING SBG NEW CLIENTS AND MARKETS For personal use only ➔ Adds 20 new marquee clients from the top 100 teams in soccer and rugby ➔ The EPL and Bundesliga are two of the most competitive competitions in the world for new video and tactical analysis technologies. SBG and Catapult comb
Slide 20: Catapult's Competitive Advantage and Technology Leadership
ANNUAL GENERAL MEETING CATAPULT’S COMPETITIVE ADVANTAGE For personal use only AND TECHNOLOGY LEADERSHIP U N I Q U E LY P O S I T I O N E D T O E X P A N D A C V ➔ Large customer base ➔ Working with 3,254 pro sports teams ➔ Our experience is unique, having worked with pro sports teams since 2007 ➔ Mo
Slide 21: Formal Business
ANNUAL GENERAL MEETING For personal use only FORMAL BUSINESS CATAPULTSPORTS.COM 20
Slide 22: 2. Financial Statement and Reports
ANNUAL GENERAL MEETING 2. FINANCIAL STATEMENT AND REPORTS For personal use only “To receive and consider the Financial Report for the year ended 31 March 2021, together with the Directors’ Report and Auditor’s Report as set out in the Annual Report.” CATAPULTSPORTS.COM 21
Slide 23: 3(a) Election of Thomas Bogan
ANNUAL GENERAL MEETING 3. (a) ELECTION OF THOMAS BOGAN For personal use only “THAT Mr Thomas Bogan (appointed as a Director of the Company on April 1, 2021) who retires in accordance with clause 23.6 of the Company’s Constitution and, being eligible, offers himself for election, be elected as a Dire
Slide 24: 3(b) Re-election of James Orlando
ANNUAL GENERAL MEETING 3. (b) RE-ELECTION OF JAMES ORLANDO For personal use only “THAT Mr James Orlando who retires by rotation in accordance with clause 23.10(b) of the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a Director of the Company.” CATAPULTS
Slide 25: 4. Remuneration Report
ANNUAL GENERAL MEETING 4. REMUNERATION REPORT For personal use only “THAT the Remuneration Report forming part of the Directors’ Report for the year ended March 31, 2021 be adopted.” CATAPULTSPORTS.COM 24
Slide 26: 5. Prior Issue of Shares Under the Placement
ANNUAL GENERAL MEETING 5. PRIOR ISSUE OF SHARES UNDER THE PLACEMENT For personal use only “THAT, for the purposes of ASX Listing Rule 7.4 and for all other purposes, the Shareholders ratify the prior issue of 24,538,500 fully paid ordinary Shares at A$1.90 per Share on June 30, 2021 pursuant to an u
Slide 27: 6(a) Director Placement – Thomas Bogan
ANNUAL GENERAL MEETING 6. (a) DIRECTOR PLACEMENT – ISSUE OF SHARES TO THOMAS BOGAN For personal use only “THAT, for the purposes of ASX Listing Rule 10.11 and for all other purposes, the Shareholders approve the issue and allotment of 525,825 fully paid ordinary Shares at A$1.90 per Share to Mr Thom
Slide 28: 6(b) Director Placement – Michelle Guthrie
ANNUAL GENERAL MEETING 6. (b) DIRECTOR PLACEMENT – ISSUE OF SHARES TO MICHELLE GUTHRIE For personal use only “THAT, for the purposes of ASX Listing Rule 10.11 and for all other purposes, the Shareholders approve the issue and allotment of 420,660 fully paid ordinary Shares at A$1.90 per Share to Ms
Slide 29: 7(a) Director Salary Sacrifice – Adir Shiffman
ANNUAL GENERAL MEETING 7. (a) DIRECTOR SALARY SACRIFICE – ADIR SHIFFMAN For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-mar
Slide 30: 7(b) Director Salary Sacrifice – Thomas Bogan
ANNUAL GENERAL MEETING 7. (b) DIRECTOR SALARY SACRIFICE – THOMAS BOGAN For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-mark
Slide 31: 7(c) Director Salary Sacrifice – Michelle Guthrie
ANNUAL GENERAL MEETING 7. (c) DIRECTOR SALARY SACRIFICE – MICHELLE GUTHRIE For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-
Slide 32: 7(d) Director Salary Sacrifice – Shaun Holthouse
ANNUAL GENERAL MEETING 7. (d) DIRECTOR SALARY SACRIFICE – SHAUN HOLTHOUSE For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-m
Slide 33: 7(e) Director Salary Sacrifice – James Orlando
ANNUAL GENERAL MEETING 7. (e) DIRECTOR SALARY SACRIFICE – JAMES ORLANDO For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-mar
Slide 34: 7(f) Director Salary Sacrifice – Igor van de Griendt
ANNUAL GENERAL MEETING 7. (f) DIRECTOR SALARY SACRIFICE – IGOR VAN DE GRIENDT For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased
Slide 35: 7(g) Director Salary Sacrifice – New Directors
ANNUAL GENERAL MEETING 7. (g) DIRECTOR SALARY SACRIFICE – NEW DIRECTORS For personal use only “THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of rights to acquire Shares, and the issue of Shares (or the transfer of Shares purchased on-mar
Slide 36: 8. New Auditor
ANNUAL GENERAL MEETING 8. NEW AUDITOR For personal use only “THAT, subject to the resignation of the current auditor of the Company, for the purposes of section 327B of the Corporations Act and for all other purposes, approval is given for the appointment of Ernst & Young, having been duly nominated
Slide 37: 9. Non-Executive Director Remuneration
ANNUAL GENERAL MEETING 9. NON-EXECUTIVE DIRECTOR REMUNERATION For personal use only “THAT, for the purposes of ASX Listing Rule 10.17, clause 26.2(b) of the Company’s Constitution, and for all other purposes, the maximum aggregate amount of remuneration that may be paid to the Company’s non-executiv
Slide 38: Proxy Votes
ANNUAL GENERAL MEETING PROXY VOTES For personal use only Item For Against Open Abstain Votes Votes % Votes % Votes % 3(a) Election of Mr Thomas Bogan as a Director 93,359,974 99.58 57,426 0.06 340,834 0.36 36,199 3(b) Re-election of Mr James Orlando as a Director 93,387,766 99.59 45,607 0.05 336,834
Slide 39: Proxy Votes (Cont.)
ANNUAL GENERAL MEETING PROXY VOTES (CONT.) For personal use only Item For Against Open Abstain Votes Votes % Votes % Votes % 7(c) Director Salary Sacrifice for Ms Michelle Guthrie 49,086,572 99.11 114,706 0.23 246,944 0.50 44,266,211 7(d) Director Salary Sacrifice for Mr Shaun Holthouse 49,088,722 9
Slide 40: Shareholder Questions
ANNUAL GENERAL MEETING For personal use only SHAREHOLDER QUESTIONS CATAPULTSPORTS.COM 39
Slide 41: Play Smart
I\ PLAY SMART CATAPULTSPORTS.COM
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