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JCURVE SOLUTIONS LTD — Investor Presentation 2009
Sep 9, 2009
65158_rns_2009-09-09_73c1e782-3565-4af1-8752-3660eccc4a50.pdf
Investor Presentation
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Investor Update
Going for Growth in 2009 –10
Mike Fairclough
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10 September 2009
Recent Highlights
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Revenue growth of 31% over 2007/8
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EBITDA growth of 36% over 2007/8
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Final dividend declared of 0.25c per share (full year dividend 0.5c per share)
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Acquisition of assets of Resource Systems
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New leadership team transitioned into Expense Management Division
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Release of softlog.mobile™
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Financial Highlights
2009 Full Year to 30 June 2009 Change $'s Revenue 8,163,796 +31% EBITDA 1,532,583 +36% EBIT 1,234,312 +28% Net Profit Before Tax 1,285,961 +24% – Earnings Per Share (Before Tax) 1.13 cents 7%
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About Stratatel Resource
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Business Partner of IBM
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Sales of IBM software
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Sales of IT services; application design, build, project management, support
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Key metrics
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software margin
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IT staff “utilisation”
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IBM sales and technical certification
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Significant growth potential
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organic
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acquisition
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Total Australian software market in 2008 - $7.8bn[1]
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IBM reported revenue of $3.9bn in 2008[2]
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Sources:
- Datamonitor – ‘Software in Australia’ published March 2009 2. www.ibm.com
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Plan for Stratatel Resource 2009 – 2011
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Build WA business
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ensure relevant technical certification
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increase sales resources
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increase technical capacity
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Acquire IBM business partner(s)
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NSW, VIC, QLD
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Ramp up sales and marketing Australia wide
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Increase technical capacity; maximise utilisation
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Deliver revenue and earnings growth
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Capitalise on Stratatel
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existing resources/services (Finance and Marketing)
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client base
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infrastructure
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processes
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Stratatel EMD
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Existing Stratatel software and services business expense management, cost recovery
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New look management team, CEO Matt Parry
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Future growth focussed on dynamic organic growth
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Solid annuity revenue base and positioned for growth
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Leverage sales opportunities through Optus, Canon, Telstra and NEC
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Large client base
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platform for new products (softlog.mobile™)
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revenue uplift
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“ramp up” marketing and PR
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Recent Examples
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Recent Examples Cont.
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New Business Structure
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Marketing Board determines the strategy; monitors strategy execution
Technical Board sets product development strategy; monitors strategy execution
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Do you know this company?
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Over the 4 years to 30 June 2009:
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Average revenue growth 49% pa
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Average EBITDA growth of 93% pa
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Average EPS growth of 56% pa
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Maintained annual dividend of 0.5 cents per share since 2007
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Currently trades at a PE ratio of 7.9 times[1]
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Has IP ownership
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Stable competent management
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Is the leader in its field in Australia
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Has over 1,000 clients (including ASX 200 companies)
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Has growth opportunities overseas
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Board and management have significant equity in the business
Note 1: Based on share price as at 2 September 2009
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Capital Structure
Capital Structure
Shares
Options
Existing Securities currently on issue New Securities to be issued under the Entitlement Issue
4,500,000[1]
115,579,309
23,115,861 23,115,861[2]
Total Securities on issue post Entitlement Issue
138,695,170 27,615,861
Notes:
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The existing Options on issue are unlisted and comprise:
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1,200,000 employee options ($0.10; 30/11/2011);
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1,000,000 employee options ($0.10; 15/01/2011);
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1,000,000 employee options ($0.12; 25/05/2011);
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300,000 employee options ($0.15; 24/06/2013);
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500,000 employee options ($0.10; 24/06/2013); and
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300,000 employee options ($0.15; 17/10/2013).
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The Company will apply for the New Options ($0.10, 30/09/2011) to be listed.
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