Iomart Group PlcLSE: IOM

Interim Results - H1 FY 2025

· Issued by Iomart Group Plc

Lucy Dimes, CEO & Scott Cunningham, CFO

Interim Results

For 6 Months Ended 30th September 2024

27th November2024

INTRODUCTION

Table of

Contents

Iomart Group results for six months ended 30th September 2024.

2

  1. Delivering Our Strategy - 'Bigger, Better, Bolder'
  2. Atech Acquisition & Combined Strength
  3. H1 FY25 Performance
  4. Strategic Outlook
  5. Questions & Answers

Lucy Dimes

Scott Cunningham

Iomart Group plc, CEO

Iomart Group plc, CFO

Delivering Our Strategy

1. DELIVERING OUR STRATEGY

Delivering

our strategy

Transformational acquisition provides confidence in growth ahead.

1

2

3

Streamlined & Integrated

Single operating model to drive best practise adoption and unified brand positioning.

Differentiation Enablers

Focused functional transformation programmes to drive high performance and greater impact.

Bolder M&A Focus

Targeting larger acquisitions to drive growth in strategic areas and realise impact sooner.

All sales, product, marketing and customer management under single leaders.

30% growth in order bookings.

Transformational acquisition of Atech - achieved our 'plan A'.

Bigger, Better, Bolder!

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While H1 trading was mixed, we have entered H2 a significantly stronger business.

Iomart New Logo Clients - H1 Highlights

Back-Up as a Service

Azure Consultancy & CSP

M365 & Azure CSP

Back-Up as a Service

BaaS & M365 CSP & VCF

Commvault

Microsoft

Microsoft

Commvault

Microsoft & VMware

Iomart Existing Clients - H1 Highlights

Migration to Azure & SOC

Cloudsure to VCD migration

New Managed Back-Up service

Microsoft

VMware

Commvault

1. DELIVERING OUR STRATEGY

Rejuvenated

Iomart

The acquisition marked a significant milestone in our strategy to be "Bigger, Better, Bolder".

+650

+6,000

£161m

deeply skilled and

customers supported in

of combined revenue

accredited colleagues

delivering business critical

delivered in the last 12

across the globe

managed services

months

Our enlarged group and combined capabilities will allow us to compete more effectively in the market with enhanced services, top-tier vendor partnerships, greater scale and references across Cloud Managed

Services, Modern Work, Data Protection and Cyber Security; cementing

our position as the UK's leading secure cloud provider.

Combined, Atech & Iomart is now one of the UKs most accredited

providers of hybrid cloud and security managed services.

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Atech Acquisition

2. ATECH ACQUISITION

Introducing

Atech

Established in 2009, Atech has scaled to become one of the most accredited partners in the UK for Modern Work, Security and Azure.

Formally achieving Microsoft's coveted Azure Expert MSP accreditation in September 2024.

Security

Azure

Microsoft 365

24 X 7 x 365 Managed Services & Security Ops Centre

Fully managed services and security for business

and enterprise customers.

Professional Services

Digital transformation & security enablement projects

Assess > Design > Implement > Manage

Licensing Services

Direct CSP licensing for Microsoft 365 and

Azure across all workloads.

People

Over 100 skilled colleagues headquartered in Marlow, UK, with a further 50 based in India.

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2. ATECH ACQUISITION

Attractive

Customer Base

Atech brings proven mid-market expansion potential.

Delivering a 3-yearrevenue CAGR of c.18%, largely through expansion with

Multi-yeartenure customer base focused on mid-market and enterprise customers (200 to 2,500+ users) across multiple sectors including Financial Services, Insurance and Energy.

Focused on customers requiring a full end-to-end offering from strategic consultancy and transformation through to managed services.

Recurring product licensing, Azure consumption and hardware / software sales a by-product of the wider solution set.

existing customers.

Customer Case Study:

UK-based retail financial services client.

Delivered 3X revenue in FY23 compared to FY21.

Overview: Initial engagement for Active Directory remediation project, followed by Modern Identity programme. Now transitioned to full multi-year Cyber transformation programme.

Solution: 3-year transformation and security architecture programme to roll out multiple security solutions including deploying Sentinel, Purview and CyberArk.

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"Atech has a breadth of knowledge that local providers can't match. As we vary across our security

capabilities, it can provide the right expertise to deliver the necessary solution."

2. ATECH ACQUISITION

Significant Potential

Together

We are combining our capabilities immediately to unlock revenue opportunities.

Combined Sales

MSFT capabilities,

Industrialisation

Unlock greater

and Marketing

accreditation and

of customer care

opportunities

power and pipeline.

partner track record.

and retention.

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1. Accelerate new customer acquisition

Bring the force of our combined sales, marketing and product functions

together to accelerate new customer acquisition. Building on Atech strength in customer expansion.

2. Increase customer

3. Cross-sell security &

retention

Microsoft capabilities

By significantly broadening

Immediately promote new

our product portfolio and

Atech capabilities to our

strengthening credibility in

Iomart customer base to

high-demand areas, we

capture new whitespace

are increasingly more

revenue from Microsoft

relevant to our customers

Modern Work, Azure and

growing needs.

Security services.

2. ATECH ACQUISITION

Mobilising

  1. powerful combination

Phase One (Oct - Dec)

Bigger, Better, Bolder

Phase Two (Jan - March)

Phase Three (April +)

The Catalyst Programme will combine our businesses over three distinct phases.

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Mobilise combination plan and progress HR, Finance, Technical, Operations, Product, Marketing, Sales & Legal functions.

Brand proposition refresh with targeted cross-marketing communications to Iomart's top 200 customers on the

'power of our combination'.

Consolidate all Microsoft delivery under Atech centres of excellent and combine all Microsoft procurement to further leverage Atech's top- tier Microsoft partner status.

Progress unified values, employee proposition and joint internal communications strategy.

Mobilise joint product, branding and marketing campaigns.

Launch re-aligned sales to service model.

Complete M365 IT systems integration.

Combined Group and Sales Kick off sessions.

Launch unified training and accreditation programmes.

Implement targeted quarterly marketing campaigns to acquire new customers and upsell to existing customers.