Mcs Services Limited · ASX:MSG
Mcs Services — Shareholder Meeting (December 2021)
18 slides from Mcs Services's shareholder meeting presentation, Dec 10, 2021
Slide 1: Chairman's address to Annual General Meeting
ABN 66 119 641 986 10 December 2021 Chairman’s address to Annual General Meeting Good morning Ladies and Gentlemen, and welcome to this the 2020/2021 Annual General Meeting of shareholders and MCS. May I firstly acknowledge that we meet on the land of For personal use only the Noongar Wadjuk People
Slide 2: Chairman's address (continued)
ABN 66 119 641 986 Any acquisition will be based on return to shareholders, but we are also mindful of broadening the scope of company activity whilst obviously pursuing opportunities to expand MCS organically, within our established industry. As Covid has made expansion interstate extremely difficu
Slide 3: CEO's Address
10 December 2021 CEO’s Address For personal use only Good morning, ladies, and gentlemen. My name is Paul Simmons. I am the Chief Executive Officer of MCS Security and Managing Director of MCS Services. I welcome all shareholders to this, our sixth AGM. I firstly would like to thank our Chairman, Th
Slide 4: CEO's Address: quality, business development, challenges
Quality Standards: We continue to invest in our ISO area having attained certification some two years ago. We are investing in online training programmes and demonstrations for all our front-line staff. The programmes will give us state of the art training and data that will benefit the business, st
Slide 5: CEO's Address: health, retail, events and new sectors
With the possible growth in this area evident we have recently employed a very experienced Business Operations and Development Manager solely for the area of health. We are the leader in retail security in Western Australia and will continue to service existing clients but also looking to add new on
Slide 6: AGM December 2021
For personal use only AGM 10 December 2021
Slide 7: Corporate Snapshot
For personal use only Corporate Snapshot Key Points Board of Directors Chairman Bob Kucera ASX Code MSG Managing Director Paul Simmons Share Price $0.059 (07/12/21) Non Executive Director Mathew Ward Number of shares on Issue 186 million Non Executive Director Geoff Martin Market Capitalisation $10.
Slide 8: Summary
For personal use only Summary Financial Strategic Focus Underlying Profitability Differentiators: ISO, training, flat structure, responsive, selected sectors Revenue growth: 51% year on year Minimal external debt: AASB 16 Finance Lease Acquisitions: Only if value accretive Capital Management: Share
Slide 9: Revenue & Profitability
For personal use only Revenue & Profitability FY21 FY20 FY19 FY18 FY17 FY16 $’m $’m $’m $’m $’m $’m (part) Revenue - Security 38.1 25.1 23.6 19.1 18.1 11.8 Gross Profit 6.9 4.6 4.4 3.9 3.9 2.8 Underlying EBITDA 2.2 0.4 0.4 0.0 0.8 0.3 Depreciation / Amortisation / Finance (0.2) (0.2) (0.1) (0.4) (0.
Slide 10: Cashflow
For personal use only Cashflow FY21 FY20 FY19 FY18 FY17 FY16 $’m $’m $’m $’m $’m $’m Operational 2.9 0.3 1.5 0.2 0.2 0.3 Investing (0.2) (0.2) (0.1) (0.3) (0.1) (3.2) Financing (0.1) (0.1) (0.1) (0.2) (1.3) 3.9 Net 2.5 0.0 1.3 (0.4) (1.1) 1.1 Closing Cash 4.6 2.1 2.1 0.8 1.2 2.4 Operational Cashflow
Slide 11: Financial Position
For personal use only Financial Position 30 June 2021 30 June 2020 30 June 2019 30 June 2018 $’m $’m $’m $’m Cash 4.6 2.1 2.1 0.8 Other current assets 3.1 2.8 3.2 3.0 7.7 4.9 5.3 3.8 Non current assets 0.5 0.4 0.1 0.2 Total Assets 8.1 5.3 5.4 4.0 Trade & Other Payables (3.1) (2.4) (3.3) (1.8) Other
Slide 12: Continuous Improvement
For personal use only Continuous Improvement Quality, Health & Safety Training & Development Systems and processes certified to ISO 9001 (Quality), AS4801 and OHSAS Experienced Training Manager 18001 (Health & Safety) Experienced ISO / HSEQ Manager involved across the business On-line and on
Slide 13: Strategy: Growth
For personal use only Strategy: Growth Organic growth: Organic growth: Pipeline of new work and renewal opportunities Able to tender for large retail, sports, health care and Existing Retail customers inviting our tenders for events other locations Promoting new divisions to existing clients
Slide 14: Opportunities: Brand Leverage
For personal use only Opportunities: Brand Leverage Opportunities Diversification Key clients operate in all major States Across Retail, Events, increasingly Healthcare, Education, Commercial, Marine, Alarms & CCTV Proven capabilities, ISO certified systems, customer- focus, long term relationships
Slide 15: Opportunities: Geographic
For personal use only Opportunities: Geographic NorthWest WA Northern Territory Strong base in Retail, Education, May seek opportunities through Healthcare. acquisition Established rapport with Police, local Govt, proven operations team MidWest WA Seeking organic growth opportunities Seeking further
Slide 16: Outlook
For personal use only Outlook FY21 Achievements • Revenue growth, underlying profitability • Customer contracts renewed / expanded • Strategic Plan • Capital Management: Share buy-back Outlook • Organic growth opportunities: • Acquisition opportunities: • Quality Systems: Efficiency and effectivenes
Slide 17: Disclaimer
For personal use only Disclaimer This Document should not be considered as an offer or invitation to subscribe for or purchase and securities in MCS Services Limited (“MCS”) or as and inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities
Slide 18: Q&A Contact Details
For personal use only Q&A Contact Details: Chief Executive Officer: Paul Simmons Chief Financial Officer: Mark Englebert Tel (08) 93012420 Investors@mcssecurity.com.au mcssecurity.com.au Unit 3, 108 Winton Road, Joondalup, WA, 6027