Ikegps Group Ltd · NZX:IKE
Ikegps — Investor Presentation (July 2020)
26 slides from Ikegps's investor presentation, July 2020
Slide 1: Capital Raising Presentation
Capital Raising Presentation Glenn Milnes, CEO. glenn.milnes@ikegps.com July 2020 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 2: Important Notice & Disclosure
Important Notice & Disclosure Disclaimer This presentation has been prepared by ikeGPS Group Limited (NZ company number 1292732, ticker IKE (NZX and ASX)) (the “Company”) and is dated [29 July] 2020. This presentation has been prepared to provide: (i) additional comment on the financial performance
Slide 3: Important Notice & Disclosure (continued)
Important Notice & Disclosure (continued) Foreign Selling Restrictions This document does not constitute an offer of New Shares in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any
Slide 4: Executive Summary
Executive Summary ➕ ikeGPS (“IKE”) is an innovative developer of a technology platform used for the collection, analysis, and management of networks attaching to power poles in North America ■ We have 46 staff today and are headquartered in Colorado, USA ■ Our solutions enable power utilities and te
Slide 5: Executive Summary
Executive Summary ➕ Record performance in all key metrics in FY20 (period ending 31 March 2020) ■ Revenue of $9.8m (↑23% prior calendar period (pcp)) ■ Gross margin of NZ$7.0m (↑30% pcp) ■ Operating cash flow of approximately -NZ$1.1m (improvement against -NZ$4.0m pcp) ■ Strong balance sheet with ne
Slide 6: A Board with deep industry experience
A Board with deep industry experience Board of Directors Rick Christie / (MSc (Hons) Chemistry) Bill Morrow Alex Knowles Independent Director Chairman and Independent Director Director Bill currently leads a business-wide strategy initiative at Governance Team Rick Christie is the former Chairman of
Slide 7: Executive leadership. Pole experts.
Executive leadership. Pole experts. Our team includes a small direct B2B sales team; we sell & deliver directly into the largest infrastructure companies in USA. Pole People Glenn Milnes Leon Toorenburg Chris Birkett Malcolm Young Chief Executive Officer & Managing Director Chief Technology Officer
Slide 8: FY20 Performance Summary
FY20 Performance Summary Continued growth in revenue and gross margin1. Over 70% of revenue is now from subscription and transaction sources. Performance * Trends derived from performance over a four-year period shown. Refer to https://ike4.ikegps.com/wp-content/uploads/2020/06/ikeGPS-FY20-financial
Slide 9: Rapid growth in utilisation of the IKE platform
Rapid growth in utilisation of the IKE platform With over 17m pole photos captured onto the IKE cloud, and growing every day. Pole Photos Captured – 8 Quarters IKE Analyze Drivers Pole Photos Captured IKE Users 17.7 Million 7,480 Poles in IKE Office Companies 2.8 Million 305 9 Confidential – NOT FOR
Slide 10: We are working with the biggest names in the business
We are working with the biggest names in the business Our customers are some of the largest telecommunications, electric utility, and engineering service providers in North America. We have expansion opportunities inside these organizations, and a pipeline of potential new customers. Proof Points 10
Slide 11: We believe our market opportunity is in two key U.S. segments
We believe our market opportunity is in two key U.S. segments Our growth is expected to be highly leveraged to the projected investment super-cycle into fiber and 5G network deployment over the coming 5+ years by CIPs and utility companies (or their Engineering Service Providers) Meeting Market Dema
Slide 12: Why do customers adopt the IKE platform?
Why do customers adopt the IKE platform? We achieve dramatic productivity gains alongside improvements in data quality, field safety, and standardization. 2x Greater 35% Lower 75% IKE Analyze drivers Poles Costs Reduced Analyzed and engineered per day Across the pre-construction process Personnel re
Slide 13: Major U.S. infrastructure group standardizes on the IKE platform
Major U.S. infrastructure group standardizes on the IKE platform July 2020 Market Announcement July 2020 announcement ikeGPS (IKE) announced that one of the largest communications infrastructure companies in the United States has standardized on the IKE platform for all pole-related 5G and fiber dep
Slide 14: Our Technology Platform
Platform Our Technology Platform Built from the ground-up for the collection, analysis and management of poles 14 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 15: IKE Analyze solution offering: end-to-end workflow and revenue model
An end-to-end workflow and revenue model A combination of cloud based software, field tools, and field software to deliver detailed pole reports to our customers IKE Analyze solution offering IKE Cloud Software IKE Field Tools & Software The Pole Analysis Platform Detailed Reports Used By Customers
Slide 16: Enabling Faster Permitting
Enabling Faster Permitting Speed of network deployment is the most crucial aspect to customers investing in 5G or Fiber network construction. Example IKE Solutions Outputs Our automated Attachment Permit Applications eliminate manual input errors & dramatically speed time to approval. 16 Confidentia
Slide 17: Photo-Verifiable Accuracy via the IKE Platform
Photo-Verifiable Accuracy via the IKE Platform Many utilities have little visibility as to the condition of poles in the field. Example IKE Solutions Outputs 17 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 18: Pole Loading Analysis
Pole Loading Analysis IKE’s PoleForeman product is one of four accepted standards for pole analysis as used by the owners of power poles in the U.S. Example IKE Solutions Outputs Pole Loading Structural integrity Clearance Analysis NESC compliance 18 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN
Slide 19: Optimizing Workflow Management
Optimizing Workflow Management Example IKE Solutions Outputs Starting with a customer deliverable and finding the most efficient way to define workflows. 19 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 20: Data Management to Ensure Quality
Data Management to Ensure Quality Our customers can use the IKE platform to locate potential sites and plan ahead, ensuring ‘One-Trip to the Field’ efficiency. Example IKE Solutions Outputs 20 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 21: Capital Raising Details
Cap Raise Details Capital Raising Details 21 Confidential – NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 22: Capital Raising Details
Capital Raising Details Placement and Entitlement Offer to raise approximately NZ$19.7 million (A$18.4 million) • Increase our sales, support, and implementation team due to significant recent customer win, and potential future wins. Use Of Funds • Provide funding capacity for potential M&A opportun
Slide 23: Indicative Timetable
Indicative Timetable Event Date / Time Trading halt commences on the NZX and ASX (pre-market open) Tuesday 28 July 2020 Announce results of Placement and Institutional Entitlement Offer Thursday 30 July 2020 Trading halt lifted prior to trading on the NZX and ASX Entitlement Offer Record Date 7.00pm
Slide 24: Key Risks
Key Risks This section describes the key risks that IKE has identified in connection with the equity raise. IKE considers it important that these key risks, and their potential effect on the future operating and financial performance of IKE and IKE’s share price, are specifically highlighted to inve
Slide 25: Key Risks (Continued)
Key Risks (Continued) Effect of COVID-19 on IKE’s market experienced a substantial slow-down in activity in March and through April due to the uncertainty created by Covid-19. IKE expects its customers and their business operations operations to be less impacted than many other industries in the sho
Slide 26: Thank you...
Thank you... IKE is Dedicated to Serving Communications Companies & IKE is... Electric Utilities. Who are focused on: - Faster network deployments. - Improving network and data quality. - Keeping crews out of harm’s way. - Meeting the demands of regulators. 26 Confidential – NOT FOR DISTRIBUTION OR