Slide 1: Financial Year 2019 Full Year Results
FINANCIAL YEAR 2019 FULL YEAR RESULTS. 1
Slide 2: FY19 – Results Highlights
FY19 – Results Highlights • In FY19, the Company focused on three key strategic priorities: • Return Symphony business to growth via regular market deployments (grow Licence Fees); • Return Adslot Media business to growth by focussing on the US market (grow Trading Fees); and, • Reduce operating cos
Slide 3: FY19 saw strong revenue growth across the business
FY19 saw strong revenue growth across the business… Group Revenue from Trading Licence Fee Trading Fee Revenue Continuing Technology Revenue Revenue Operations Revenue $10.272M $9.894M $8.038M $6.668M $1.370M Up 28% Up 40% Up 56% Up 49% Up 104% vs PCP Thousands Note: For the current period, Group Re
Slide 4: Reduced operating costs, and improved EBITDA and NPAT
…reduced operating costs, and improved EBITDA and NPAT Operating EBITDA NPAT Costs Loss Loss $12.836M ($2.619M) ($7.043M) -10% -59% -40% vs PCP
Slide 5: Revenue Segments
Revenue Segments • Adslot derives its revenue from 3 main sources: • Licence Fees generated primarily from Symphony but also from Adslot Media; • Trading Fees generated primarily from Adslot Media but also from Symphony; and, • Services revenue provided to Symphony and Adslot Media customers as well
Slide 6: Licence Fee Revenue has returned to strong growth
Licence Fee Revenue has returned to strong growth +49% vs PCP Licence Fees $6.668M • Licence Fees grew 49% on prior corresponding period (PCP), exceeding market guidance of 43.1% growth
Slide 7: Trading Fee revenue has also returned to growth
Trading Fee revenue has also returned to growth +104% vs PCP Trading Fees $1.370M Note: Trading Fee revenues are invoiced and recognised in the Company accounts in the month(s) in which the advertising activity is published, and on a pro-rata basis where activity falls over multiple months. The valu
Slide 8: Delivering a record year in Trading Technology revenue overall
Delivering a record year in Trading Technology revenue overall +56% vs PCP Trading Technology $8.038M • Trading Technology revenue (Licence Fees and Trading Fees combined) grew by 56% on prior corresponding period (PCP) • The increase in Trading Technology revenue was driven by a growth of $2.2M (49
Slide 9: Services revenue has stabilised
Services revenue has stabilised +2% vs PCP Services $1.801M • Services revenue is non-strategic and includes statement of works for Adslot Media and Symphony clients with the majority of the revenue from the Company’s Webfirm services division ($1.672M). • Webfirm underwent a strategic review in 201
Slide 10: FY19 – Operating Costs Reduced
FY19 – Operating Costs Reduced -10% vs PCP Operating Costs $12.836M
Slide 11: Operating Costs
Operating Costs • Total Operating costs of $12.836m for the year were 10% lower on PCP • Operating Costs are Total Expenses excluding Depreciation and Amortisation and Taxes • The operating cost reduction was primarily driven by salary savings, down $1.126M (13%) on PCP • Employment related expenses
Slide 12: Improved EBITDA
Improved EBITDA -59% vs PCP EBITDA Loss ($2.619M) • EBITDA Loss was more than halved in FY19, decreasing by 59% on PCP to a $2.619M loss • The best EBITDA result in the last 5 years due to cost reductions and revenue acceleration
Slide 13: Improved NPAT
Improved NPAT -40% vs PCP NPAT Loss ($7.043M) • NPAT Loss also decreased by 40% on PCP to $7.043M • The best NPAT result in 5 years due to reduced costs and accelerated revenue
Slide 14: Increased cash receipts and reduced net operating cash outflows
Increased cash receipts and reduced net operating cash outflows Net Cash Receipts Operating Cash Cashflows $ 17.401M $8.166M ($1.110M) +110% -79% +71% vs PCP
Slide 15: Strategy Update
Strategy Update
Slide 16: FY20 Strategic Objectives
FY20 Strategic Objectives The successful execution of the Company’s previous strategic direction has enabled it to re- set its objectives to drive further growth. Key strategic objectives for FY20 are: 1. Execute Master Service Agreements with the 6 global agency holding companies and activate their
Slide 17: Execute Master Service Agreements with Agency Holding Companies
Execute Master Service Agreements with Agency Holding Companies Majority of media dollars globally are traded via agencies owned by one of the six global agency holding companies – WPP, Interpublic Group, Omnicom, Publicis, Dentsu Aegis and Havas. Executing MSAs with agency holding companies enables
Slide 18: Growing supply within the Adslot Media marketplace
Growing supply within the Adslot Media marketplace Significant supply already exists in major markets around the world. • Almost 50% of the Comscore Top 50 publishers are available on the Adslot Media marketplace in the US. Expected strong growth in trading demand will require an expansion of supply
Slide 19: Maintain Cost Management Focus
Maintain Cost Management Focus The Company has shown an ongoing commitment to cost management. • Operating costs reduced by 10% on PCP; • Minimised impact on product investment; and, • No impact on key client relationships. Increased cash receipts, reduced net operating cash outflows and cash balanc
Slide 20: Disclaimer
Disclaimer The information contained in this presentation is given in good faith and has been prepared from information believed to be accurate and reliable. The information presented does not take into account your individual financial circumstances and it is not designed to be a substitute for spe
Slide 21: Thank You
Thank You @adslot investor.relations@adslot.com