Superloop Ltd. · ASX:SLC
Superloop — FY2016 Earnings Presentation
29 slides from Superloop's earnings presentation, Aug 29, 2016
Slide 1: FY 2016 Results Presentation
FY 2016 Results Presentation 29 August 2016
Slide 2: Right Industry, Right Region
RIGHT INDUSTRY, RIGHT REGION
Slide 3: International Network
INTERNATIONAL NETWORK INTERNATIONAL NETWORK HONG KONG LOS ANGELES (AS OF JUNE 2016) SINGAPORE Legend BRISBANE Metro Fibre Existing Capacity PERTH ADELAIDE SYDNEY Future Capacity MELBOURNE SUPERLOOP LIMITED 3 3
Slide 4: Key Operational Milestones - Financial Year to June 2016
KEY OPERATIONAL MILESTONES - FINANCIAL YEAR TO 30 JUNE 2016 $11.9m 38% 4
Slide 5: Agenda
AGENDA 02 03 Business Performance Network Update 04 Strategic Network Expansion Outlook & Priorities
Slide 6: FY16 Result
01 FY16 Result
Slide 7: FY16 Profit & Loss Summary
FY16 PROFIT & LOSS SUMMARY Significant growth in revenue as customer services are live and acquisitions are integrated Contracted annualised revenue approaching direct and indirect cost base ★ Previous corresponding period 28 April 2014 to 30 June 2015 1. Includes $0.7m gain on disposal of fibre pai
Slide 8: Balance Sheet
BALANCE SHEET Supercharging our network to drive further growth in customer acquisition, now and in the future Cash up to $45.9m due to successful capital raisings Well funded for continued investment in infrastructure 8
Slide 9: Business Performance
02 Business Performance
Slide 10: Performance Financial Year 2016 (to June 2016)
PERFORMANCE FINANCIAL YEAR 2016 (to 30 JUNE 2016) FIBRE DATA CENTRES REVENUE MARGIN 378km 52 $11.9m+ 27.6% SINCE 1 JULY 2015 SINCE 1 JULY 2015 SINCE 1 JULY 2015 SINCE 1 JULY 2015 annualised contracted recurring gross margin: revenue at 30 June 2016 revenue less direct network costs DECEMBER 2016 DEC
Slide 11: Performance Financial Year 2016 (to June 2016)
PERFORMANCE FINANCIAL YEAR 2016 (to 30 JUNE 2016) at 30 June 2016 Contracted annualised Invoicing annualised revenue at 30 June 2016 revenue at 30 June 2016 On-net revenue % Fibre installed (km) ($m) ($m) Average fibre cores Data centres Number of Utilisation (%) connected (#) customers (#) 11
Slide 12: The Power of Infrastructure - Singapore
THE POWER OF INFRASTRUCTURE - SINGAPORE Annualised contracted revenue Increase in revenue compared to direct costs (Singapore) Annualised network costs increase in contracted gross margin for incremental on-net dark fibre [Q4 on Q1] FY16-Q1 FY16-Q2 FY16-Q3 FY16-Q4 12
Slide 13: The Power of Infrastructure - Singapore
THE POWER OF INFRASTRUCTURE - SINGAPORE Contracted gross margin Core cable utilisation 70% 60% Incremental new on-net sales have a high gross margin (>85%) 50% 40% 30% 20% 10% Core cable utilisation is low, with significant spare capacity to sell more FY16-Q1 FY16-Q2 FY16-Q3 FY16-Q4 13
Slide 14: Sales Update
SALES UPDATE $11.9m+ +37% Contracted annualised recurring revenue Increase in qualified (unweighted) pipeline at 30 June 2016 (up) since December 2015 To date, we have delivered network services that have exceeded ITU.T specifications enabling our customers to leverage these advantages to deliver be
Slide 15: Expanded Product Set (Greater Share of Wallet)
EXPANDED PRODUCT SET (GREATER SHARE OF WALLET) LIVE LIVE .SG LIVE .SG Q3 2016 15
Slide 16: Customer Profile
CUSTOMER PROFILE Australia Australia Telecoms Singapore Singapore Technology Hong Kong Hong Kong Finance 30.6% Singapore Singapore Media /Australia 42% /Australia Other 9.7% 55.3% 72.6% 66.1% CUSTOMERS BY SEGMENT CUSTOMERS BY REGION TCV BY REGION 16
Slide 17: Network Update
03 Network Update
Slide 18: Why Hong Kong: Gateway to Asia and Mainland China
WHY HONG KONG GATEWAY TO ASIA AND MAINLAND CHINA Key DC Market in 13 International Submarine Key Hub for International Competitiveness APAC Region - with 10 cable (telecommunication) International Internet new DCs planned systems Bandwidth/Connectivity Average peak internet International Trade Large
Slide 19: Why Singapore: Springboard to South-East Asia
WHY SINGAPORE SPRINGBOARD TO SOUTH-EAST ASIA Key DC Market in 15 International Submarine Key Hub for International Trade APAC Region - with 7 cable (telecommunication) International Internet new DCs planned systems Bandwidth/Connectivity Major Financial Hub for and Major investment and International
Slide 20: Singapore Investment
SINGAPORE INVESTMENT Buildings Active Network Under Construction | 20
Slide 21: Hong Kong Investment
HONG KONG INVESTMENT (completion in Dec 2016) Gateway to Asia & Mainland China & Global Leader in Digital Economy Data Centres Finance Buildings Major Buildings 21
Slide 22: Australian Network
Brisbane AUSTRALIAN NETWORK AUSTRALIAN NETWORK (completed Sep 2015) Backbone network with 288 cores of fibre connecting 40 data centres across Sydney, Melbourne and Brisbane Melbourne Sydney 22
Slide 23: Strategic Network Expansion
04 Strategic Network Expansion
Slide 24: Singapore Exchange Expansion Opportunity
SINGAPORE EXCHANGE EXPANSION OPPORTUNITY Pre-committed/initial Investment Annual Revenue Initial pre-committed contracted revenue (total contract value $3.5m over 5 years) Spare Capacity Initial Yield Utilisation available for sale Initial annual gross yield (at very low utilisation) Initial utilisa
Slide 25: Hong Kong's Tech Hub: TKO Industrial Estate & Adjacent Precinct
HONG KONG’S TECH HUB TKO INDUSTRIAL ESTATE & ADJACENT PRECINCT Existing Data Centres (9) Data Centres Under Construction (4) Media (7) Cable Landing Stations (3 for 5 cables) Future Cable Landing Station (1) Site not yet leased – will be later
Slide 26: Proposed TKO Express Connecting Chai Wan to TKO
PROPOSED TKO EXPRESS CONNECTING CHAI WAN TO TKO. TECH HUB Data Centres Fibre Network TKO Express is a new domestic submarine cable TKO Express Submarine Cable designed to provide the most direct path between Superloop’s core network in the data centre campuses of Chai Wan and Tseung Kwan O (TKO) Ind
Slide 27: Outlook & Priorities
05 Outlook & Priorities
Slide 28: Outlook / Priorities
OUTLOOK / PRIORITIES Superloop’s infrastructure is highly scalable As utilisation increases, additional revenue translates directly to increased margin and yield Superloop has established a platform to leverage core infrastructure assets to drive customer acquisition and revenue growth 28
Slide 29: Additional Information
Superloop is a ADDITIONAL INFORMATION of connectivity services in the Asia Pacific region 29