Slide 1: Investor Presentation: Quarterly Update – 1QFY24
For personal use only Investor Presentation. Quarterly Update – 1QFY24 MEGAPORT LIMITED | ACN 607 301 959 | ASX: MP1 | OCTOBER 2023
Slide 2: 1QFY24 Highlights
Highlights 1QFY24 Highlights For personal use only ARR1 EBITDA2 Positive Net Cash Flow3 》 Investment in go-to-market engine progressing well 》 Launched Megaport Reach 》 Public availability of Megaport ONE Beta 1. Annual Recurring Revenue is the recurring revenue expected over a 12 month period, calc
Slide 3: EBITDA: Highest on Record
EBITDA EBITDA1: Highest on Record For personal use only EBITDA1 1. Earnings Before Interest Tax Depreciation and Amortisation represents operating results excluding equity-settled employee and related costs, foreign exchange gains and losses, gains and losses on disposal of property, plant and equip
Slide 4: Net Cash Flow in 1QFY24
Cash Flow Net Cash Flow in 1QFY24 For personal use only NET CASH FLOW1 Net Cash Flow1 Positive Q1: $5.6M Net Cash2 Position: $38.9M Cash at Bank: $55.2M 1. Net Cash Flow represents movement in Net Cash, which is cash at bank less debt including the vendor financing liability. Net Cash Flow in 1QFY22
Slide 5: Annual Recurring Revenue
Revenue Annual Recurring Revenue For personal use only ARR1 REVENUE GROWTH ARR1 Growth Sep 23 QoQ 6% YoY 36% 1. Annual Recurring Revenue (ARR) in A$ is the recurring revenue expected over a 12 month period, calculated as Monthly Recurring Revenue for the last month of the period x 12, and excludes a
Slide 6: Key Performance Indicators
KPIs Key Performance Indicators For personal use only Prelim 1 QoQ QoQ % YoY YoY % KPIs & Metrics Sep-23 Jun-23 Net QoQ Sep-22 Change Growth Change Growth RevGen4 Total Services2 31,190 30,516 674 694 2% 28,326 2,864 10% Customers 2,863 2,856 7 31 0% 2,700 163 6% Customer Ports3 9,307 9,172 135 148
Slide 7: Summary Financial Performance
FINANCIAL PERFORMANCE SUMMARY FINANCIAL PERFORMANCE For personal use only Unaudited Financial Results Quarter Ended 30 September 1QFY24 4QFY23 QoQ 1QFY23 YoY Unaudited Summary Financials 2023 Key Highlights $’M AUD $’M AUD % $’M AUD % Revenue 46.5 44.3 5% 33.7 38% 1QFY24 Revenue grew 5% QoQ driven b
Slide 8: Unaudited Financial Results: Consolidated Profit & Loss
FINANCIAL PERFORMANCE UNAUDITED FINANCIAL RESULTS For personal use only Unaudited Financial Results 1QFY24 4QFY23 QoQ 1QFY23 YoY Consolidated Profit & Loss Quarter Ended 30 September $’M AUD $’M AUD % $’M AUD % 2023 EBITDA Highlights Revenue 46.5 44.3 5% 33.7 38% Gross Margin % remained consistent wi
Slide 9: Unaudited Financial Results: Consolidated Cash Flow
FINANCIAL PERFORMANCE UNAUDITED FINANCIAL RESULTS For personal use only 1QFY24 4QFY23 QoQ 1QFY233 YoY Unaudited Financial Results Consolidated Cash Flow $’M AUD $’M AUD % $’M AUD % Quarter Ended 30 September 2023 Net Cash Flow EBITDA1 15.0 14.5 3% 1.0 n.m Working Capital (4.3) (8.1) 47% 0.1 n.m Cash
Slide 10: Megaport Portal Demo
For personal use only Demo Portal Megaport 10
Slide 11: Customer Growth: 2023 New Logos
Customer Growth 2023 New Logos For personal use only 11
Slide 12: Investment in Reigniting the GTM Engine
Focus Investment in Reigniting the GTM Engine For personal use only 》 Go-to-Market overhaul remains our #1 priority 》 90% of the sales roles are hired and almost all in seat 》 Sales Leadership: CSO, EVP GTM Transformation & NAM Sales Leader in seat 》 Customer Success: 3 new hires in seat, Protect an
Slide 13: Outlook
Focus Outlook For personal use only 》 Strong financial position, delivering sustained improvements in EBITDA1 and Net Cash Flow2 》 Launched Megaport Reach, Megaport ONE Beta, Global WAN, and Portal Dashboard 》 Imminent launch of Megaport Enterprise Internet product 》 IX roll out, Project Centurion 40
Slide 14: Questions.
For personal use only Questions. @megaport ASX: MP1 @megaportnetwork megaport.com/investor @megaportnetworks megaport.com/newsroom 14
Slide 15: Important Information
Important Information For personal use only This presentation has been authorised by the Board of Megaport. Megaport Limited ACN 607 301 959 All references to “$” are to Australian currency (AUD) unless otherwise noted. Nothing in this presentation should be construed as either an offer to sell or a