Slide 1: Investor Presentation
Investor Presentation July 2014 …experience is the difference
Slide 2: Corporate Snapshot
Corporate Snapshot Capital Structure Shareholders Share Price (21 July 2014) $1.60 David Dicker 64.0m Fully paid ordinary shares 128.2m Fiona Brown 56.5m Options 0.0m Market Capitalisation $205.1m Share price ( 2 years) Cash (30 June 2014) $24.7m $2.00 Drawn Debt (30 June 2014) $118.7m $1.50 Directo
Slide 3: Financial Track Record
Financial Track Record The company will report substantial growth in sales and profitability in FY15 through the full year contribution from Express Data and a partial contribution from merger cost savings * excluding one-off acquisition and integration costs 21 July 2014 Dicker Data Investor Pres
Slide 4: Company Background
Company Background Following our recent acquisition of Express Data, Dicker Data is now one of the top three IT distribution companies in Australasia and we are projecting to achieve annual revenues of over $1 billion in FY15. The company has been operating for 36 years and listed on the ASX in
Slide 5: Our Vendor Brands
Our Vendor Brands Top five brands by sales Cisco 27% Other 26% Lenovo 4% Toshiba 4% Symantec 4% Microsoft HP 8% 27% Sales by product PC / Software Laptops 15% 32% Other 5% Printers 4% Servers & Networking 44% 21 July 2014 Dicker Data Investor Presentation 5
Slide 6: Express Data Background
Express Data Background Express Data (originally part of ComTech) Revenue was incorporated on October 1996 and, $824m like Dicker Data, was built with strong $471m philosophy of service. In 1998, the business was sold to Dimension Data, which was subsequently acquired by Express Data Dicker Data
Slide 7: Acquisition of Express Data
Acqusition of Express Data $1,500m On 10 February 2014 we announced $1,250m the acquisition of Express Data Holdings. $1,000m $750m The merger of our two business brings together the third and fourth largest IT $500m distributors in Australasia to form a $250m business with similar revenue to th
Slide 8: Results Guidance
Results Guidance FY14 Guidance FY15 Guidance Dicker Data will report FY14 result in We expects to incur $3.0m of the last week of August. additional one-off merger pre-tax Our statutory results for the year to costs in FY15. 30 June 2014 will include a three We expect to generate month contr
Slide 9: Dicker Data FY14 Highlights
Dicker Data FY14 Highlights The single most important highlight Dicker Data FY14 EBIT (ex Express Data) was the acquisition of Express Data, Change +9% on pcp which made a three month contribution in FY14. Change -7% on pcp We are pleased to report that the $20.0m $0.4m $18.2m following brands h
Slide 10: Balance Sheet
Balance Sheet Balance sheet (FY14 proforma) 2013 2014E* We will finish FY14E with $24.7m in Net Assets cash and $118.7m in debt Cash and equivalents 0.5 24.7 (unaudited estimates). Accounts receivable 64.4 136.6 Inventory 49.7 88.1 We have a $130m Receivable Other current assets 0.0 7.0 Total cu
Slide 11: IT market and strategy
IT market and strategy Our strategy has been to focus on Market share 2010 versus 2013 delivering excellent service through technical sales expertise developed through specialisation 11% Other 14% in a limited vendor range. 7% Westcon 3% 8% This focus and an aligned Avnet 7% employee incentives
Slide 12: Opportunities
Opportunities Cloud computing New Zealand With the increased adoption of The acquisition of Express Data has cloud computing amongst SME’s, provided us an entry into the New our distribution expertise in the Zealand market. smaller company channel The business’ head office is in combined with
Slide 13: Thank you
Thank you Questions? Contact Information David Dicker – david@dickerdata.com.au Mary Stojcevski – mary.stojcevski@dickerdata.com.au 21 July 2014 Dicker Data Investor Presentation 13