Ava Risk Group Ltd. · ASX:AVA
Ava Risk — Shareholder Meeting (November 2018)
29 slides from Ava Risk's shareholder meeting presentation, Nov 1, 2018
Slide 1: ASX Announcement – Annual General Meeting Presentations
01 November 2018 ASX ANNOUNCEMENT – ANNUAL GENERAL MEETING PRESENTATIONS In accordance with the ASX Listing Rules, the Chairman’s and CEO addresses and presentations to the Annual General Meeting (“AGM”), are appended. Kim Clark Company Secretary About the Ava Group The Ava Group is a market leader
Slide 2: AVA Chairman's Address
AVA Chairman’s Address On behalf of my fellow directors, I'm delighted to welcome you all here today, those of you who are long-term shareholders and those of you who've joined us as shareholders more recently. I am pleased to report that our Director’s and their related parties hold 25% of the Comp
Slide 3: Chairman's Introductory Remarks
Head of Energy & Extractives, to lead our business development efforts in this large and growing market. Andrew brings more than 15 years of sales leadership to the Company. The Ava Board and I are committed to continuously improving our corporate governance and increase our interactions with the in
Slide 4: CEO's Address
I’ll now hand over to our CEO, Chris Fergus, who will provide you with a deeper insight into the performance of the business during the 2018 year, as well as the Company’s outlook.
Slide 5: Annual General Meeting November 2018
Annual General Meeting 01 November 2018
Slide 6: Forward Looking Statements
Forward Looking Statements This presentation is given on behalf of Ava Risk Group Limited (AVA) Information in this presentation is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in AVA. Certain statements in this
Slide 7: Chairman's Introductory Remarks
Chairman’s Introductory Remarks
Slide 8: CEO's Address
CEO’S Address SECURITY 81SK MANAGEMENT
Slide 9: FY18 Financial Summary - P&L
FY18 Financial Summary - P&L AUD$M FY2018 FY2017 • 54% increase in revenue driven by contribution Total Revenue 19.8 12.9 from MSP. COGS 8.8 6.0 • GP margin improved to 56% despite dilution Gross Profit 11.0 6.9 from lower margin Services division. Higher margins are being generated from the new GP
Slide 10: FY18 Financial Summary - Balance Sheet
FY18 Financial Summary - Balance Sheet AUD$M 30 Jun 2018 30 Jun 2017 • No external debt or borrowings Cash and cash equivalents 5.9 6.9 • Cash balance of $5.9 million at Receivables 5.3 5.0 30 June 2018 Inventories 4.6 4.2 • Current growth strategy is fully funded from Other assets 14.1 4.1 existing
Slide 11: Company Overview
Company Overview Ava Group is a diversified risk management services and technology company operating across 15 countries 23% 15% 62% Services division AVA Global Logistics FY18 revenue contribution Future Fibre Technologies Technology division BQT Solutions
Slide 12: The Future of Ava: Energy & Extractives
The Future of Ava: Energy & Extractives case study Risk Consulting High Security Access Control Readers Site Assurance Pipeline TPI Detection Conveyor belt Monitoring Perimeter Intrusion High Security Locking Detection and Location Secure International Logistics Cybersecurity Data Network Infrastruc
Slide 13: Services Division - Ava Global Logistics
Services Division - Ava Global Logistics • Ava Global Logistics is a growing global provider of secure international logistics of high- risk valuables, precious metals and currency • Provides fully insured (underwritten by Lloyds), door to door services, utilising a network of highly experienced sec
Slide 14: Services Division Update
Services Division Update Moving towards profitability • EBITDA breakeven in September • Current contracted customers have total annual addressable spend of approximately $75m. • Increasing market share from all major clients and increasing pipeline from new clients • Key Sector focus – Mining: Group
Slide 15: Technology Division – Future Fibre Technologies
Technology Division – Future Fibre Technologies • FFT is a global leader in fibre optic intrusion detection systems, with a track record of delivering highly intelligent, reliable, and award-winning intrusion detection solutions for the protection of critical sites and infrastructures. • FFT’s advan
Slide 16: Technology Division – BQT Solutions
Technology Division – BQT Solutions • BQT’s secure, reliable smart reader and card systems, biometric solutions, electric locking and access control products utilised at over 3,500 sites in more than 50 countries. • A leader in high security access control technology used in some of the most high se
Slide 17: Technology Division Update
Technology Division Update Significant growth in pipeline and major contract wins Pipeline • Total pipeline of known projects is now greater than $300m, all addressable over the next 36 months. • Large project focus – projects in excess of $3m – pipelines, borders, major CNI assets Recent wins • Dat
Slide 18: Recent Milestone Contract Wins – Data Network Security
Recent Milestone Contract Wins – Data Network Security Transformational contract win in high growth sector • A data network security solution developed by the Technology Division was selected to protect one of the worlds largest closed user group data networks for the exclusive use of more than one
Slide 19: Recent Milestone Contract Wins – Australian Government
Recent Milestone Contract Wins – Australian Government Australian Government contract win provides increased earnings visibility • The Technology Division was awarded a contract with the Australian Government for the supply of BQT smart readers to the Department of Human Services (DHS) • The contrac
Slide 20: FY18 & FY19 YTD Strategic Plan & Milestones
FY18 & FY19 YTD Strategic Plan & Milestones Strategic Plan Key Milestones Next Steps MSP Investment & Integration 1. 91% ownership, moving to 100% 1. Compulsory Acquisition process 2. Identified cost reduction increased to $1.25m – MSP CEO completion position redundant 2. Launch of integrated soluti
Slide 21: FY19 Outlook
FY19 Outlook Q1 Actuals • Positive start to FY19 with revenue in line with guidance Rapidly growing pipeline • Technology pipeline has now grown in excess of $300m – all addressable over the next 36 months. Growing earnings visibility • Large contract win in data network security provides earnings v
Slide 22: Annual General Meeting General Business
Annual General Meeting General Business
Slide 23: Financial Statements and Reports
Financial Statements and Reports To consider and receive the Financial Report, the Directors’ Report and the Auditor’s for the year ended 30 June 2018.
Slide 24: Resolution 1
Resolution 1 “That the Company adopt the Remuneration Report for the year ended 30 June 2018 in accordance with section 250R(2) of the Corporations Act.” Please note this resolution is advisory only and does not bind the Company or the Directors. Proxy Votes For Against Open Total Abstain 86,108,327
Slide 25: Resolution 2
Resolution 2 “That Robert Broomfield who is retiring in accordance with the Constitution and Listing Rule 14.5, and who offers himself for re-election, is re-elected as a Director of the Company.” Proxy Votes For Against Open Total Abstain 98,810,977 4,078,809 1,225,363 104,115,149 3,005,578
Slide 26: Resolution 3
Resolution 3 “That David Cronin, who retires having previously been appointed to fill a casual vacancy in accordance with Listing Rule 14.4 and clause 6.2 of the Company’s Constitution and having consented to act and being eligible, be elected as a Director of the Company.” Proxy Votes For Against O
Slide 27: Resolution 4
Resolution 4 “That Michael McGeever, who retires having previously been appointed to fill a casual vacancy in accordance with Listing Rule 14.4 and clause 6.2 of the Company’s Constitution and having consented to act and being eligible, be elected as a Director of the Company.” Proxy Votes For Again
Slide 28: Resolution 5
Resolution 5 “ That, pursuant to Section 208(1)(a) of the Corporations Act and Listing Rule 10.14, the members of the Company approve the granting of: (a) 800,000 Performance Rights to Mr Chris Fergus, Executive Director; and (b) 470,000 Performance Rights to Mr Robert Broomfield, Executive Director
Slide 29: Questions
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