Readytech Holdings Ltd. · ASX:RDY
Readytech — Shareholder Meeting (November 2022)
20 slides from Readytech's shareholder meeting presentation, Nov 15, 2022
Slide 1: Annual General Meeting – Presentation and Addresses
MARKET RELEASE (ASX: RDY) Annual General Meeting – Presentation and Addresses 15 November 2022 – ReadyTech Holdings Limited (ASX: RDY) (ReadyTech) (ABN 25 632 137 216) attaches a copy of the presentation and addresses to be made at today’s Annual General Meeting. – ENDS – This announcement has been
Slide 2: 2022 Annual General Meeting
ASX:RDY 2022 ANNUAL GENERAL MEETING 15 November 2022
Slide 3: Chair's address
Chair's address Tony Faure >. readytech 2 FT
Slide 4: CEO's presentation
CEO’s presentation Marc Washbourne 3
Slide 5: Next generation, people-centric
NEXT GENERATION, PEOPLE-CENTRIC 4
Slide 6: ReadyTech delivers strong like-for-like growth
ReadyTech delivers strong like-for-like growth Like-for-like revenue* Underlying EBITDA** Underlying NPATA** Net customer revenue retention 16.8% $27.5m $14.3m 106% Margin of 35.1% (exc. LTIP: 36.5%) YoY growth to $78.3m FY21: $10.6m FY21: 104% FY21: $18.9m Gross opportunity pipeline High value cust
Slide 7: Outstanding and sustained growth in recurring SaaS revenue
Outstanding and sustained growth in recurring SaaS revenue 6
Slide 8: High value new business wins and strategic M&A underpin continued growth
High value new business wins and strategic M&A Winning larger enterprise customers across underpin continued growth ReadyTech Substantial FY22 new business performance with 48 high value customers, each generating over $50k in annualised subscription and implementation value, with an aggregate annua
Slide 9: Laser focused on strategic execution
Laser focused on strategic execution FY22 Full Year Results 8
Slide 10: ReadyTech is executing on a vertical SaaS playbook
ReadyTech is executing on a vertical SaaS playbook Delivering high value across all segments 9
Slide 11: Accelerated growth achieved through ongoing investment
Accelerated growth achieved through ongoing investment Product-market fit Go-to-market Scaling Focused product alignment for superior Growth in sales and marketing spend Efficient and streamlined operations to retention and customer acquisition and targeting higher value customers support accelerate
Slide 12: IT Vision: boosts ReadyTech's position in local government
IT Vision: boosts ReadyTech’s position in local government The acquisition of IT Vision will greatly enhance ReadyTech’s customer footprint and ability to service local governments across Australia IT Vision enjoys strong local government market positions in WA ReadyTech will benefit from a highly e
Slide 13: FY23 outlook reaffirmed
FY23 outlook reaffirmed ReadyTech reaffirms the outlook as disclosed to the market on 17 August 2022. Before the contribution of IT Vision, for FY23 ReadyTech expects: • Organic revenue growth in the mid-teens. • $2.0m incremental revenue contribution of FY22 acquisitions. • EBITDA margin in the ran
Slide 14: Thank you!
Thank you! >. readytech
Slide 15: Disclaimer
Disclaimer This presentation has been prepared by ReadyTech Holdings Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The informa
Slide 16: For more information
For more information: Ronn Bechler Automic Group t. +61 400 009 774 e. ronn.bechler@automicgroup.com.au About ReadyTech ReadyTech is a leading provider of mission-critical SaaS for the education and training, workforce management, government and justice sectors. Bringing together the best in people
Slide 17: Chair's address
CHAIR’S ADDRESS Good morning and welcome to the 2022 Annual General Meeting of ReadyTech Holdings Limited. This year ReadyTech continued to capitalise on the opportunities created by digitisation and the resulting demand for upgraded technology platforms in our Education & Work Pathways, Government
Slide 18: Chair's address: M&A and Pacific Equity Partners proposal
Similarly through disciplined M&A, ReadyTech continued to add new product capability, as well as new customers, building on the strong market positions and highly compelling product offerings we have in our core markets. Post year end, we completed the acquisition of local government software specia
Slide 19: CEO's address: vision and FY22 results
partner to our customers and help them solve complex domain problems, while positioning them for a digital future. We also have a vision for our people, empowering them to challenges themselves, to develop their careers at ReadyTech and to inspire them to do the best work of their lives. Our collect
Slide 20: CEO's address: three pillars of investment
Our accelerated growth has been achieved through ongoing and disciplined investment across three key pillars: product-market fit, go-to-market and scaling. In developing product alignment to customer needs and a strategic focus on market fit for the enterprise end of our markets, we created 17 new R
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