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IODM LIMITED — AGM Information 2019
Nov 20, 2019
65131_rns_2019-11-20_cf761be4-3d43-43de-85a5-65eb683b87c1.pdf
AGM Information
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CEO AGM Presentation November 2019
Disclaimer
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----- Start of picture text ----- determine whether an investment in the company is appropriate for your investment objectives, financial situation and particular needs. You should make your own assessment of an investment in IODMbased on further information which can, in part but not limited to, be found in IODM’s periodic reports and other continuous disclosure announcements released to the Australian Securities Exchange whichare available at www.asx.com.au and should not rely solely on this presentation. In all cases, you should conduct you own research and due diligence of IODM and analysis of the financial condition, assetsand liabilities, financial position and performance, profits and losses, prospects and business affairs of IODM and its businesses, and the contents of this presentation. You should seek legal, financial, tax andother advice appropriate for your jurisdiction.Past performance - Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance.Future performance - This presentation contains certain forward-looking statements with respect to the financial condition, operations, annualised revenue and business of IODM and certain plans andobjectives of the management of IODM. Forward-looking statements can be identified by the use of forward-looking terminology, including, without limitation, the terms “believes”, “estimates”,----- End of picture text -----
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----- Start of picture text ----- other variations of comparable terminology. These forward-looking statements include all matters that are not historical facts. Such forward-looking statements involve known and unknown risks,uncertainties and other factors which because of their nature may cause the actual results or performance of IODM to be materially different from the results or performance expressed or implied by suchforward looking statements. Such forward looking statements are based on numerous assumptions regarding IODM’s present and future business strategies and the political and economic environment inwhich IODM will operate in the future, which may or may not be reasonable, and are not guarantees or predictions of future performance. No representation is made that any of these statements orforecasts will come to pass or that any forecast result will be achieved. Forward-looking statements speak only as at the date of this presentation and to the full extent permitted by law, IODM and itsaffiliates and related bodies corporate and each of their respective directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates orrevisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in this presentation).Financial data - All figures in the presentation are A$ millions unless stated otherwise and all market shares are estimates only.----- End of picture text -----
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----- Start of picture text ----- IODM’s future financial condition and / or performance.Disclaimer - No representation or warranty, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liabilitywhich cannot be excluded, each of the Company, its directors, officers, employees, advisers and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of thematerial contained in this presentation, or any opinions or beliefs contained in this document, and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered byany person as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in thispresentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to changewithout notice.Unverified information - This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company .----- End of picture text -----
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----- Start of picture text ----- $700,000.00 $600,000.00 $500,000.00Executive Summary $400,000.00 $300,000.00Millions FY18 FY19 VARIANCERevenue 0.22 0.49 122% $200,000.00 $100,000.00Loss from continuing operations -0.88 -1.1 -25% $-FY17 FY18 FY19Cash Receipts 0.24 0.43 79%Revenue Receipts ARCash Payments -1.48 -1.88 -27%Cashflow -0.83 -1.1 -32%R&D Tax Offset 0.43 0.33Annualised Revenue 0.42 0.65 54%AnnualisedRevenue up Cash ReceiptsRevenue UpUp 122% Up 53%54%----- End of picture text -----
Revenue Performance Indicators
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----- Start of picture text ----- FY18 FY19 Variance Both Invoice numbers and value, as at 31 [st] October 2019, are growingOpening Subscription AV 0.16 0.36 125% as expected for a company entering new markets. The company isNew Subscription AV 0.20 0.20 now experiencing contributions from three countries albeit AustraliaOpening License AV 0 0 still accounts for 98% of volume. The company will aim to report itsgeographical revenue contribution in the last quarter of FY2020 orNew Licence AV 0.07 0.03earlier, if it becomes materialChurn -0.01 -0.04Annualised Revenue 0.42 0.65 54%Implementation Revenue 0.06 0.08 33%Reported Revenue 0.22 0.49 122%INVOICES VALUE400000 $800,000,000.00350000 $700,000,000.00300000 $600,000,000.00250000 $500,000,000.00200000 $400,000,000.00150000 $300,000,000.00100000 $200,000,000.0050000 $100,000,000.000 $-FY18 FY19 YTD 31/10/2019 FY18 FY19 YTD 31/10/2019----- End of picture text -----
Update
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----- Start of picture text ----- • The Western Union agreement is now being extended to • Domestic sales growing similar to previous periods.other regions.• Western Union agreement has commenced well in• The company has executed an agreement with Australia.Procurement Australasia to become a member, which,amongst other things, allows it to work with government • Singapore and Hong Kong marketing plan and sales----- End of picture text -----
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----- Start of picture text ----- CY2020.• The company is in negotiations to develop furtheragreements with similar profiles to the Western Union • New IT architecture build is currently under budget. Theagreement. product is now multi lingual, multi jurisdictional.• The company has added one line of revenue this year with • Sales being generated in Australia, UK and New Zealand----- End of picture text -----
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----- Start of picture text ----- develop new lines of revenue where appropriate.----- End of picture text -----
IODM Today
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----- Start of picture text ----- just doesn’t collect your cash but also predicts customer behaviour, streamlines your overdue collectionprocess, assists in operational efficiencies and it ensures that it is all done with compliance andgovernance in mind. Gone are the hours spent sending reminders out or having teams of staff on thephone. It can be all done from the one computer, with a simple download and single click.----- End of picture text -----
What has been added this year
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----- Start of picture text ----- IODM is now also Industry ready, no matter what industry you are in, IODM is programmed to handle anyregulatory requirements specific to your needs. Hardship concerns, Do not contact regimes, you name it,it is all ready for easy use.----- End of picture text -----
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Mark Reilly CEO