Objective Corporation Limited · ASX:OCL

Objective — Shareholder Meeting (November 2007)

17 slides from Objective's shareholder meeting presentation, Nov 28, 2007

  1. Slide 1: Objective Corporation Limited AGM – November 2007

    Enterprise Content Management for people. For personal use only Objective Corporation Limited AGM – November 2007

  2. Slide 2: Financial Results FY2007

    Financial Results FY2007 For personal use only Revenue of $32.0m (down 16%) 30% of Revenue from International markets Pre Tax Loss of $2.6m After Tax Loss of $1.3m R&D Investment of 8.7m (27% of revenue, up 53%) Dividend 2.25cps fully franked

  3. Slide 3: FY2007 – a Challenging Year

    Financial Results FY2007 For personal use only ƒ FY2007 – a Challenging Year ƒ Accelerated R&D Investment • Based on expected revenue in FY2007 in $40-50m range • Opportunity to Innovate, whilst competition consolidates • Building the foundations of our Next Gen technology • Establishing a culture o

  4. Slide 4: Transitional Issues in UK

    Financial Results FY2007 For personal use only ƒ Transitional Issues in UK • Building Leadership Team • Very light real pipeline • Customer Account Management • New UK Regional HQ • Issues under estimated

  5. Slide 5: FY2007 Regional Results

    Financial Results FY2007 For personal use only FY2007 Regional Results Asia Pacific Europe Unallocated Consolidated Revenue 22,591 8,226 1,209 32,026 Expenses (excl. R&D) 13,844 10,605 1,517 25,966 EBITRD 8,747 (2,379) (308) 6,060 R&D 8,674 8,674 NPAT (1,288) All figures in $A'000

  6. Slide 6: For personal use only

    Financial Results FY2007 For personal use only

  7. Slide 7: Objective's Balance Sheet

    Financial Results FY2007 For personal use only ƒ Objective’s Balance Sheet • Net Assets of $18.0m • Cash $16.4m • Receivables $10.5m • No Debt (excluding minimal finance leases) • No Capitalised Research & Development

  8. Slide 8: Historical financial results FY2000–FY2007

    Financial Results FY2007 For personal use only Financial Year FY2007 FY2006 FY2005 FY2004 FY2003 FY2002 FY2000 Revenue 32,026 38,025 34,068 27,151 15,369 12,941 8,321 Expenses (pre R&D) 24,952 22,907 19,043 16,801 10,451 9,346 7,962 EBTRD 6,074 14,042 14,435 10,069 4,918 3,595 359 Research & Develop

  9. Slide 9: Acquisitions

    Financial Results FY2007 For personal use only ƒ Acquisitions • Seriously evaluated two targets in FY2007 – Spescom & Avand • Spescom bid abandon by OCL due to major shareholder behaviour ƒ Avand • Customer acquisition strategy • Many issues – with multi year work out • Interested at a price commens

  10. Slide 10: FY2008 Financial Outlook

    FY2008 Financial Outlook For personal use only FY2008 Outlook

  11. Slide 11: Objective FY2008 Outlook

    Objective FY2008 Outlook For personal use only ƒ Objective’s FY08 Outlook • Focused on a return to growth & profitability • Driving of Business in Vertical Markets in Key Geographies • European Operation remains a Work in Progress, but highest medium term opportunity in current core business • Conti

  12. Slide 12: Business Strategy

    Business Strategy For personal use only 1. Aggressive Vertical Market Alignment 2. Innovation – Tech, Business & Adoption 3. Accelerating Growth through Acquisitions 4. Legendary Customer Engagement

  13. Slide 13: European Operations – FY2008

    European Operations – FY2008 For personal use only ƒ European Operation • Re-Structure into Global Operation Complete • Experienced Key Management now in place • Largest medium term (2-3 year) growth opportunity in current core business • Go-to-Market Partner Program established and producing result

  14. Slide 14: Asia Pacific Operations – FY2008

    Asia Pacific Operations – FY2008 For personal use only ƒ Substantial & well qualified sales activity across most Asia Pacific business centres ƒ Expect improved H1 Skew over FY2007 ƒ USP Revenue (minimum recurrent) • Approximately $9 million at start of FY2008 • Growing at 20% of new product sales p

  15. Slide 15: Research & Development – FY2008

    Research & Development – FY2008 For personal use only ƒ Continued Commitment to Innovation ƒ Maintain $8-9m commitment for FY2008 ƒ Development of Next Generation of Objective Software • Establishment of new technology base for the next decade • Creating Technology Differentiation • Extending our Te

  16. Slide 16: Objective FY2008 Outlook

    Objective FY2008 Outlook For personal use only ƒ Objective’s FY08 Outlook • Focused on a return to growth & profitability • Driving of Business in Vertical Markets in Key Geographies • European Operation remains a Work in Progress, but highest medium term opportunity in current core business • Conti

  17. Slide 17: Objective FY2008 Outlook

    Objective FY2008 Outlook For personal use only

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