Slide 1: Annual General Meeting
Annual General Meeting SOCO CORPORATION LTD (ASX:SOC) 2024 ANNUAL GENERAL MEETING PRESENTATION 30 OCTOBER 2024 ® 1
Slide 2: Agenda
Agenda. • Chairman’s Address • CEO’s Presentation • Formal Business • Poll • General Questions & Discussions ®
Slide 3: Chairman's Address
Chairman’s Acieress SOco.
Slide 4: CEO's Presentation
CEO’S Presentation • Results overview • Strategic direction • Market guidance and trading update ®
Slide 5: Incredible people delivering meaningful change
incredible people delivering meaningful change ® 5
Slide 6: FY2024 recap
RESULTS OVERVIEW Looking back with a FY2024 recap $20.0m $18.0m Revenue Q4 Operating EBITDA1 $16.0m $11.2m $20.6m $0.8m $14.0m $9.8m +11.7% growth over On revenue of $6.2m $12.0m PCP2 of $18.4m $10.0m $7.1m $8.0m Operating EBITDA1 Statutory NPAT $6.0m $4.0m $2.6m $4.1m $8.7m $9.4m $0.4m -$0.5m $5.4m
Slide 7: FY2024 highlights
RESULTS OVERVIEW Some key FY2024 highlights AxSym acquisition yielding results, with joint sales, cross sales and leadership integration into SOCO Positive finish to the year, with Q4 returning to an Operating EBITDA1 profit 33 new customers, added including within our core, and target markets 1. Op
Slide 8: SOCO has a clear strategic direction
OUR STRATEGY SOCO has a clear strategic direction Our choices are fundamental to our business model, our planning focusses on high-priority business change activities required for us to deliver quarter by quarter. Strategic choices Technology: Continued focus on challenging high value business appli
Slide 9: FY2025 market guidance
TRADING UPDATE Moving into the FY2025 market guidance Profitable Operating EBITDA in Q1 FY2025 with revenue similar to Q4 FY2024, noting expected seasonality Forecasted FY2025 revenue growth circa 30%, including a full FY with the AxSym business 9
Slide 10: FY2025 trading update
TRADING UPDATE FY2025 trading update Whilst economic conditions are challenging, the Company has already signed work worth $18m for delivery in FY25. Signed Work & Pipeline Building resilience Transaction enablement $18m in signed Expanded sales and Building upon work for delivery in marketing Gover
Slide 11: ®
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Slide 12: Legal Disclaimer
LEGAL DISCLAIMER This presentation is dated 30 October 2024 (Presentation) and has business growth, industry growth or other trend projections, and been prepared by SOCO Corporation Ltd ACN 660 362 201 any estimated earning or other performance measures, are, or (Company). Shares in the Company are
Slide 13: Contacts
contacts Brisbane – Head Office Level 4, 120 Edward Street Brisbane QLD 4000 Sebastian Rizzo Chief Executive Officer Sydney SOCO Corporation Ltd Level 15, 60 Station Street Email: sebastian.rizzo@soco.com.au Parramatta NSW 2150 Steve Parks Canberra Chief Financial Officer Level 1, 42 Giles Street SO