Veris Limited · ASX:VRS
Veris — Shareholder Meeting (October 2020)
19 slides from Veris's shareholder meeting presentation, Oct 21, 2020
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 21 October 2020
Slide 2: Our profile
Our profile For personal use only 2 OPERATING DIVISIONS OUR INDUSTRIES Veris Australia is a leading national Aqura Technologies is an industry leader surveying, digital and spatial and in the provision of innovative technology planning business. solutions. Property Infrastructure Government OUR SERV
Slide 3: Veris Limited Financials
For personal use only Veris Limited Financials ANNUAL GENERAL MEETING 3
Slide 4: Veris Limited - FY20 financial dashboard
Veris Limited - FY20 financial dashboard For personal use only Revenue Underlying EBITDA Operating cash flow Net debt FY20 $94.1m $1.9m $5.9m $5.1m FY19 $125.9m $6.5m $6.2m $18.0m Continued strong growth by Aqura Technologies offset by a decline in revenue in Veris Australia. Group Earnings impa
Slide 5: Veris Australia
For personal use only Veris Australia ANNUAL GENERAL MEETING 5
Slide 6: Focus and actions taken
Focus and actions taken FY21 objective is to deliver a stable, profit generating business. For personal use only Four key focus areas: People Smart Profitable and Internal execution culture growth efficiency Build staff engagement Simplicity and efficiency in through a fantastic Execute na
Slide 7: People and culture first
People and culture first For personal use only We are committed to creating better experiences together. Highly skilled and motivated employees. Attracting and retaining the best. Work arrangements that support diversity and inclusion, build trust and promote flexibility. A culture of contin
Slide 8: Building on our core business and why our digital strategy is different
Building on our core business and why our digital strategy is different! For personal use only CLIENTS Value DELIVERING Knowledge BUILDING Information LEVERAGING Data CONSOLIDATING People ANNUAL GENERAL MEETING 8
Slide 9: Making progress for growth in digital and spatial
Making progress for growth in digital and spatial For personal use only Leverage existing strengths in geospatial data collection and interpretation. Work with our existing strong client base. Capture demand from clients to provide data driven insights into their infrastructure. Relationship
Slide 10: Veris Australia Q1 and Outlook
For personal use only Veris Australia Q1 and Outlook ANNUAL GENERAL MEETING 10
Slide 11: Pipeline – strong outlook
Pipeline – strong outlook For personal use only Despite the current economic uncertainty due to COVID-19, our secured forward workload is in excess of $40m. $8M In addition to our forward workload, we $8M anticipate ongoing project variation and direct assignment works. Healthy, unsecured proj
Slide 12: Veris Australia Q1 FY21 unaudited pro forma results
Veris Australia Q1 FY21 unaudited pro forma results For personal use only $000s Revenue EBITDA EBITDA % Unaudited pro forma Q1 FY21 20,616 1,962 9.5% results Q4 FY20 18,732 995 5.3% PCP Q1 FY20 23,155 1,639 7.0% Q1 FY21 underlying proforma EBITDA results reflect the net impact of costs associated wi
Slide 13: Aqura Technologies
For personal use only Aqura Technologies ANNUAL GENERAL MEETING 13
Slide 14: Aqura Technologies
Aqura Technologies For personal use only $000s Revenue EBITDA EBITDA % Unaudited pro forma Q1 FY21 5,617 675 12.0% results Q4 FY20 4,027 27 0.1% PCP Q1 FY20 4,570 265 5.8% Q1 FY21 underlying proforma unaudited EBITDA results reflect the net impact of costs associated with being a JobKeeper employer
Slide 15: Key contract wins
Key contract wins For personal use only LTE deployments – Pilbara iron ore mines (x7), WA LTE deployment - North Queensland ARC trailer supply ARC trailer supply WAIO IRCES – Pilbara, WA LTE supply contract – Ironbridge Global Wi-Fi project – Yandi Magnetite Project – Pilbara, WA Managed services –
Slide 16: FY21 pipeline – diverse work in hand
FY21 pipeline – diverse work in hand Current WIH $10.8m at the commencement of Q2 FY21. For personal use only Healthy, unsecured project pipeline has a weighted value of over $60m. Contract awards on the back of the Aqura product suite. $10.8M $8M $53M Secured Unsecured Current WIH Proposals P
Slide 17: Year ahead – FY21 and summary
Year ahead – FY21 and summary For personal use only Strong work in Continued focus on Continued Leverage expanded hand and pipeline strong and resilient development geographical and team of product suites market reach Strong work in hand, both deferred and new committed works. Continue product d
Slide 18: Veris Limited - summary
Veris Limited - summary For personal use only The Group delivered quarter on quarter growth in revenue and EBITDA and generated an unaudited PBT of $1.05 million for Q1 FY21. The Group has benefited from its national footprint and diverse customer base. Demonstrated agile and innovative workin
Slide 19: Disclaimer
Disclaimer For personal use only This Document should not be considered as an offer or invitation to subscribe for or purchase any securities in Veris Limited (“Veris” or the “Company”) or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for