Pulsar Group Plc · LSE:PULS
Pulsar — Access Intelligence — H1 2007 Earnings Presentation
17 slides from Pulsar's earnings presentation, July 2007
Slide 1: Access Intelligence Plc Interim Results for the 6 month period ended 31 May 2007
Access Intelligence Plc Interim Results for the 6 month period ended 31 May 2007 1
Slide 2: Jeremy Hamer - Chairman
Jeremy Hamer - Chairman gp Accéssintelligencer.- Providing a complete information and support service for your business
Slide 3: First half results – Key points
First half results –Key points • Turnover broadly in line with last year at £1,738,315 (2006: £1,763,745) • Loss before tax and goodwill amortisation £117,707(2006: Profit £190,359) • Net cash £693,000 at end of May • Recurring revenue growth of 10% to £186,000 per month • Contract delays at MS2M an
Slide 4: First half results – Key points (Cont.)
First half results –Key points (Cont.) • Encouraging response to a strategic review at Willow Starcom that identified e-mail archiving as the leading proposition for the company going forward • Due North - continuing growth as Framework contract won for the North West County Councils, now enabling u
Slide 5: Colin Davies - Finance Director
Colin Davies - Finance Director 5
Slide 6: Interim Results
Interim Results Unaudited Unaudited Audited 6 months ended 6 month ended Year ended 31 May 2007 31 May 2006 30 Nov 2006 £000s £000s £000s Turnover 1,738 1,764 3,677 (Loss)/profit before tax, goodwill and amortisation (114) 192 558 (Loss)/profit before tax (323) 46 92 Adjusted earnings per share (0.0
Slide 7: Balance Sheet
Balance Sheet Unaudited Unaudited 6 months 6 months ended ended 31-May-07 31-May-06 £'000 £'000 Fixed assets Intangible assets 8,025 5,697 Tangible assets 188 191 8,213 5,888 Current Assets Stocks 313 269 Debtors 1,239 1,125 Cash at bank and in hand 699 534 2,251 1,928 Creditors: amounts due within
Slide 8: Cash flow
Cash flow Unaudited Unaudited 6 months 6 months ended ended 31-May-07 31-May-06 £'000 £'000 Net cash (outflow)/inflow from operating activities (11) 104 Returns on investments and servicing of finance Interest paid (7) (8) Interest received 11 10 Net cash inflow/(outflow) from servicing of finance 4
Slide 9: Brendan Austin - Chief Executive
Brendan Austin - Chief Executive 9
Slide 10: Data management division
Data management division The architecture and provision of high availability systems for mission critical applications that enable customers’ data to be available at all times in the event of computer failure. Backup & Running™ our online offsite data storage and retrieval via secure data centres. E
Slide 11: Data management division: Willow Starcom
Data management division: Willow Starcom Performance since acquisition · Operating profit up 17% · Recurring revenue up 16% · Niche products developed and launched · Sales force investment not yet delivered · Increasing competition · Decision to lead on email archiving · Generating pipeline 11
Slide 12: Compliance Software
Compliance Software A range of software in the retail financial services sector: Virtual Compliance Officer™ enables companies in the retail financial services sector to support their customer acquisition process whilst also ensuring that they comply with ever increasing regulations from the EU and
Slide 13: Compliance Software: Due North
Compliance Software: Due North Performance in first half · Won third Centre of Excellence – North West · Won framework contract – all public bodies in England & Wales · Three wins in Health Sector · Third win in University sector · Short list for two private sector · Recurring revenue increased by 1
Slide 14: Compliance Software: Due North
Compliance Software: Due North Performance since acquisition (August 2005) · Won three out of four Centres of Excellence – North West · All regional fire authorities · 300% increase in Police Forces 11 to 34 · Recurring revenue increased by 80% 14
Slide 15: Compliance Software Division: MS2M
Compliance Software Division: MS2M Performance first half • Two major projects delayed • Significant investment in new services · Web based service · Pilot feedback positive · Customer engagement tool · Two pilots with leading financial service groups 15
Slide 16: Future Strategy
Future Strategy • Build repeating revenues delivered through recurring contracts ranging between one and five years • Excellent quality and visibility of future revenues • Effective customer retention • Outstanding and defensible gross margins • Continue to acquire and develop software and computer
Slide 17: Contact
Contact Access Intelligence plc Regency House Westminister Place York Business Park York Y026 6RW Tel: (01904) 520840 17