Comms Group Ltd · ASX:CCG
Comms — CommsChoice Group — Shareholder Meeting (November 2019)
11 slides from Comms's shareholder meeting presentation, Nov 12, 2019
Slide 1: Annual General Meeting 12 November 2019
For personal use only Annual General Meeting 12 November 2019
Slide 2: Disclaimer
Disclaimer For personal use only The material in this presentation is a summary of accordance with International Financial Reporting Standards. CommsChoice Group’s (CCG) activities and results, and is This presentation provides information in summary form only Undue reliance should not be placed on
Slide 3: Chairman's Speech
For personal use only Chairman’s Speech John Mackay
Slide 4: Managing Director & CEO Speech
For personal use only Managing Director & CEO Speech Peter McGrath
Slide 5: Financial Performance 18/19
Financial Performance 18/19 For personal use only $M FY19 FY18 (6.5mths) Revenue Breakdown FY19 Revenue 21.0 10.5 12% Cost of Sales (5.8) (12.0) 24% Gross Margin 9.0 4.7 64% Opex (8.7) (4.4) Underlying EBITDA* 0.3 0.3 Restructuring Costs (19.0) (4.1) Data Voice Managed Services EBITDA (18.7) (3.8) 5
Slide 6: Balance Sheet June 2019
Balance Sheet 30 June 2019 For personal use only 30 June 30 June $m Group 2019 2018 Cash 0.4 1.7 Key Highlights Total assets 17.1 34.9 • Strong balance sheet – debt free Borrowings - - • Net cash/deposits of Total liabilities (6.3) (6.4) $1.5m as at 31 Oct • Adequately funded to Net assets 10.8 28.5
Slide 7: Key Achievements – Last Months
Key Achievements – Last 6 Months For personal use only Greater Focus on Business Cost Savings of Indirect/ Restructure - Circa $2M Channel Sales Announced June Implemented 2019 Strong Q1 sales Achieved performance $52k Complete MRR signed Development of Return Business Ecommerce/ to Profitability On
Slide 8: Pillar Growth Strategy
4 Pillar Growth Strategy For personal use only Strategy Segments Key Offerings Domestic SME Cloud business phone, MS Teams Growth Corporate Mid Market calling and SD-WAN offerings Wholesale Contact centre and IT service SIP services, CTS and cloud business Partners provider phone & MS Teams calling
Slide 9: Outlook
For personal use only Outlook Strong start to FY20 with new sales and monthly profit performance Continued positive EBITDA performance on monthly basis. Reaffirming FY20 guidance of EBITDA $1.8m to $2.2m. Cash at bank / deposits of $1.5m at 31 Oct Majority of restructuring payments now finalised wit
Slide 10: CCG Investor Metrics
CCG Investor Metrics For personal use only Metric as as 8 November 2019 Value Number of shares 190.4m Share Price $0.066 Market capitalization $12.6m Net (debt) / cash (31 Oct 19) $1.5m cash Enterprise Value $11.1m Performance Rights on Issue - 50% vesting at 12.5c per share 17.6m - 50% vesting at 2
Slide 11: For personal use only
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