JCURVE SOLUTIONS LTD — Investor Presentation 2021

Jan 24, 2021

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25 January 2021

Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E-Lodgement

Investor Presentation

JCurve Solutions Limited (ASX: JCS) today advises that it will be conducting a series of investor presentations in Singapore as part of a non-deal roadshow hosted by Spark Plus during the week commencing 25 January 2021.

Attached is a copy of the investor presentation.

This announcement has been authorised for release by Stephen Canning, CEO of JCurve Solutions Limited.

About JCurve Solutions

JCurve Solutions is a trusted technology solutions partner, listed on the ASX (JCS). The team at JCS utilise the power of the cloud to help customers make lasting, substantial improvements to their performance and grow into great businesses. Learn more: www.jcurvesolutions.com.

JCurve Solutions Limited ABN 63 088 257 729

jcurvesolutions.com Level 8, 9 Help Street, Chatswood, NSW 2067

1800 528 783 (AU)

+65 6595 6600 (SG)

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Investor Presentation Stephen Canning CEO JCurve Solutions

January 2021

www.jcurvesolutions.com

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ASX: JCS

IMPORTANT INFORMATION

Disclaimer

The information outlined in this investor presentation (“Presentation”) has been prepared by JCurve Solutions Limited (“the Company”) and is delivered for informational purposes only.

The Company has prepared the Presentation Materials based on information available to it at the time of preparation. No attempt has been made to independently verify the information contained in this Presentation. The Presentation does not purport to contain all information that a prospective investor may require. While the information contained herein has been prepared in good faith, neither the Company nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has the authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisors (all such information being referred to as “information”) and liability therefore is expressively disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisors take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss howsoever arising from the use of this Presentation. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.

This Presentation should not be considered as the giving of investment advice or recommendations by the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgement, analysis and assumption and each recipient should satisfy itself in relation to such matters.

This Presentation may contain “forward looking statements”. Where the Company expresses or implies an extension or belief as to future events or results such expectation or belief is expressed in good faith and believed to have reasonable basis. However, “forward looking statements” are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such “forward looking statements”. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this Presentation or to reflect the occurrence of unanticipated events, except as may be required under applicable laws.

All forward looking statements, forecasts and projections contained in this Presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR COMPANY

Our Story

JCS is an ASX listed digital and technology consulting company focusing on sustainable growth by delivering the best possible solutions to our clients through market leading cloud-based platforms and excellence in service delivery . Our whole business is based around providing an exceptional . customer experience

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Mission

To power business growth across Asia Pacific.

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Vision

To use the power of cloud-based platforms to drive digital transformation and give businesses the opportunity to achieve greater success in a rapidly evolving world of business change.

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR CEO

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Stephen Canning Chief Executive Officer

Stephen has extensive experience in Information Technology and Business Management software platforms. His career commenced in the UK and saw him progress through various IT roles and industries.

Before joining JCurve Solutions, he was Chief Executive Officer at PayGlobal, a New Zealand based payroll and HCM product developer. Stephen has proven experience in strategic planning and execution and business development. He has successfully built high performing teams by focusing on the alignment between strategy and cultural health.

Stephen is passionate about helping businesses use technology to realise their competitive advantage. His role as CEO is to provide context to a talented group of people who ensure JCurve Solutions helps businesses grow through the power of market leading cloud-based platforms.

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JCS Profitability
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2,000
1,000 2015 Stephen joins JCS
-
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
(1,000)
(2,000)
(3,000)
(4,000)
(5,000)
(6,000)
(7,000)
Statutory Profit/(Loss) ($000's)
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Respected media commentator
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Industry Recognition
IT Executive of the Year 2018
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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR BOARD OF DIRECTORS

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Mark Jobling Non-Executive Chairman Appointed April 2015, Appointed Chair January 2021

/mark-jobling

Mark is a substantial shareholder of the Company and holds a Bachelor of Economics and Bachelor of Laws (Hons) from Monash University. Mark manages investments in a diverse range of industries including power technology and angel investing in Asian start-up companies and is currently based in Hong Kong.

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Bruce Hatchman Non-Executive Director Appointed November 2014

/bruce-hatchman

Bruce is an experienced and successful finance professional. As the former Chief Executive of Crowe Horwath, Bruce has over 40 years’ experience in providing audit and assurance, and M&A services to listed companies and other consulting services to large private enterprises. Bruce is a qualified Chartered Accountant and a member of the Australian Institute of Company Directors. Bruce was NonExecutive Chairman of the Company until January 2021.

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Graham Baillie Non-Executive Director Reappointed August 2019

Graham is a substantial shareholder of the Company. He originally joined the Company in 2007 as a non-executive Director and was appointed Chairman in 2012 before serving as the Managing Director for a short time and then Chairman. During this time, he saw the listing of JCurve Solutions Limited through Stratatel Limited.

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Martin Green Non-Executive Director Appointed January 2021

Martin has a strong corporate background having played a significant role in the private investment arm of Consolidated Press Holdings Pty Limited (CPH) for more than 10 years in Australia and subsequently Hong Kong where he set up CPH’s operations. After leaving CPH, Martin has assisted in building and monetising technology and other businesses in Asia and Australia through his extensive corporate network. Martin is based in Hong Kong and holds a BA (Hons) in Accounting and Finance.

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR MANAGEMENT TEAM

JCurve Solutions is led by an experienced group of senior executives who are passionate about delivering best-of-breed technology and developing strong customer relationships through the demonstrated value of our solutions.

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Stephen Canning Chief Executive Officer Appointed January 2015

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/stephengcanning
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Responsible for the strategic business direction, building a high performing team and overall business growth, both organically and through acquisition.

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James Aulsebrook
Chief Financial Officer
Appointed April 2016
/james-aulsebrook
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Responsible for the financial performance and stability of the company, financial reporting, treasury, due diligence, HR and legal activities.

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Katrina Doring
Chief Operating Officer
Appointed July 2016
/katrina-doring
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Responsible for ERP Australia Sales and delivering operational excellence, driving productivity gains and cost-efficiencies as the business continues to scale.

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Arthur Fernandez General Manager JCS Asia and Riyo Appointed December 2018 /arthur-fernandez

Responsible for Riyo go-to-market, ERP Asia sales, and growing JCS throughout Asia.

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR HISTORY

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JCS expands
1997 Stratatel 2008 STE acquires 2013 STE acquires 2016 JCS signs 2019 into Asia through acquisition
(STE) Phoneware JCurve Solutions NetSuite of Spectrum Group and
Founded Pty Ltd and Solution Provider establishes a centre of
renames Agreement excellence in Philippines
corporate entity
JCurve Solutions
Limited (ASX:JCS)
Telecommunications Expense Management Focus Business Management Solutions Focus
JCS acquires Riyo channel
2000 Listed on ASX 2009 Separate Private 2014 JCS acquires the 2018 Riyo software 2020 established
(ASX:STE) Company JCurve Full Circle Group Platform in Australia
Solutions Pty Ltd
signs
International
Reseller
Agreement with
NetSuite
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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR REVENUE HISTORY

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Revenue by Division
$14,000,000
JCS divests
2015
JConnects (IBM
reseller)
$12,000,000
$10,000,000 JConnects/Other 2019 JCS expands ERP - Asia
into Asia through
acquisition of
Spectrum Group
$8,000,000 ERP - AU
$6,000,000
JCS signs NetSuite
Solution Provider
Agreement
$4,000,000
JCS acquires
Riyo software
TEMS 2016 2018 Platform
$2,000,000
$-
2014 2015 2016 2017 2018 2019 2020
TEMS ERP - NetSuite (AU) ERP - NetSuite (Asia) Riyo
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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

OUR SOLUTION PORTFOLIO

JCS delivers cloud solutions and services that drive improvement in business performance.

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CLOUD BUSINESS SERVICE MANAGEMENT TELECOMMUNICATION
MANAGEMENT SOLUTIONS SOLUTIONS EXPENSE MANAGEMENT
(ERP) SOLUTIONS
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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

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Cloud Business Management Solutions (ERP)

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 10

WHAT IS ERP?

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What is an ERP solution?

ERP software (Enterprise Resource Planning) brings together business process management and data across the entire business into a single application.

Utilising a single database, it allows all users to access consistent, accurate information. ERP software can manage your entire operations including CRM, sales and marketing, purchasing, eCommerce, inventory management and more.

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 11

OUR MARKETS

Target Markets

• Wholesale distribution

• • Light Manufacturing

• • Healthcare

• Services Businesses

Mid-market and Enterprise Businesses Typically, 50+ Users

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Our Competitive Advantage

• ü Largest Oracle NetSuite partner globally (by customer count) ü 600+ ERP customers

Territories

• Australia

• New Zealand

• Singapore

• • Philippines

• • South East Asia

• ü Strong case studies and testimonials

• ü 12 years NetSuite implementation experience

• ü One of the largest implementation and support teams in APAC

• ü ASX listed, strong governance, transparent reporting ü Financially stable

• ü Local presence in key territories

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

ERP CASE STUDIES

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https://www.jcurvesolutions.com/erp/customers/

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 13

ERP KEY METRICS

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Annual Recurring Revenue Deal Size
We acquire new
customers, delight
them with
exceptional
customer experience
and a world class
product so that they
stay with us, grow
with us and buy
Churn
more services and Customer and Licence Acquisitions
solutions from us,
and refer more
customers to us.
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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 14

ERP GROWTH

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What to expect in FY2021

1. Continued growth in:

2. Licensed users as our average customer size increases

3. Average deal size of new customer wins

4. Annual Recurring Revenue

5. New Business Sales in both Australia and Asia ERP practice

6. Gross margin as we continue to lower our cost base through continued growth of our JCS Philippines delivery centre of excellence

7. Relatively static customer numbers in Australia as we focus on larger customer wins and the customer mix shifts away from small business

8. Further M&A activity in Asia once the impact of Covid-19 subsides

FY2021 Customer win update: In November 2020 JCurve Solutions won its largest ERP initial customer contract worth $1.7m of revenue over the signed five-year contract (sales income of $827,000 expected to be invoiced in FY2021)

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 15

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Service Management Platform

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WHAT IS RIYO?

What is Riyo?

“Getting people to the right place, on-time, to deliver a great service”

Riyo is a Service or Job management platform that provides complete control and transparency. Manage the entire booking, dispatch, and payment process from a single, cloud-based platform

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 17

HOW DOES RIYO WORK?

Service bookings made by the company or the customer.

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Riyo can auto-allocate jobs or have staff or customers book. Save time and gain control.

3-way communication: The service agent The customer receives an customer, business and completes the job at the excellent end-to-end service agent. agreed time. experience.

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Customers confirm once Business stays in control jobs are complete and of the process that gives provide ratings and customers a lasting feedback of service impression of the agents. company.

All parties are kept up-todate with the services being booked and scheduled – in real-time.

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 18

OUR MARKETS

Target Markets

• Aged Healthcare

• • At-home Healthcare

• Retail

• Services Businesses

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Our Competitive Advantage

Territories

• Australia

• New Zealand

• Singapore

• Philippines

• ü Modern, scalable, reliable platform

• ü Feature rich, unique offerings such as sentiment analysis ü Financially stable, backed by JCurve Solutions

• ü Can be white-labelled

• South East Asia

• Global

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

RIYO CUSTOMERS

Customers

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Channel Partners

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 20

RIYO GROWTH

What have we have achieved so far?

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July Feb Feb Oct
May 2018 Jan 2019 March 2020 March 2020 Early
2018 2019 2019 2020 2021
Trial Customers and Second Enterprise
Completed product enhancements Major Australian Channel
JCS Acquired Riyo development of and first paying customers Enterprise channel Government Utility partnership Rebrand &
Riyo Team set up platform Soft launch Partnership signed signed signed Relaunch
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Current business profile

What to expect in FY2021

• 11 Customers

• Growing customer numbers

• 200 Subscribed Users

• $100k recurring licence revenue

• 2 Enterprise channel partners

• Rapidly increasing revenue contribution in FY2021

• Establishment of channel partnerships

• Global business opportunities

• Being profitable in FY2022

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

Telecommunication Expense Management Solutions

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 22

TELECOMMUNICATION EXPENSE MANAGEMENT SOLUTIONS

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What is TEMS?

Intelligent Telecom Expense Management (TEM) platforms with analytics to deliver insights into telecom spend. Helps large customers control costs and improve profitability by automating the administration of telecommunication expense management.

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 23

OUR MARKETS

Target Markets

Key Customers

• Enterprise Businesses with large telecom spend

Territories

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• Australia

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

BUSINESS UPDATE - TELECOMMUNICATION EXPENSE MANAGEMENT SOLUTIONS

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What to expect in FY2021

>50

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Customers

10% Annualised Customer Churn for the past 12 months

• Ongoing profitable contribution to JCS

• Continued support for TEM solutions

• Continued churn

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COVID-19 UPDATE

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 26

JCURVE SOLUTIONS IS RESILIENT!

The impact of COVID-19

• Impediment to new business sales

• Focused on customer retention and reducing existing business expenditure rather than growth

• Delayed M&A opportunities

The recovery

• Starting to see new business and M&A opportunities re-emerge

• We are well placed to accelerate growth as economies recover from the COVID-19 pandemic

Our resilience is driven by

• A seamless transition to operating under the Business Continuity Plans

• Strong levels of recurring revenue

• Sticky products and low churn

• Cost base reductions

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• Our executed strategy of pivoting away from the SME ERP market

• Being geographically and operationally diverse

• Having strong solid financial foundations

• Our focus on customer experience

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Strategic Direction

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 28

BUSINESS STRATEGY

We currently have four key strategic priorities

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Profitably Grow ERP in Australia

• Win new business in midmarket

• Increase upsell to existing customers

• Reduce customer churn

• Looking for value accretive acquisitions

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Rapidly Grow JCS ERP in Asia

• Grow ERP Sales from Singapore and Philippines offices

• Grow JCS Philippines centre of excellence delivery team

• Establish the JCS brand in Asia

• Further M&A activities

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Accelerate Global Riyo go-to-market

• Product enhancements from existing customer feedback

• Expand into the existing customer base

• Focus on larger opportunities

• • Relaunch with refreshed brand

• More product verticalisation

• Look beyond Australia

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Increase

shareholder value

• We are focused on delivering value to shareholders through share price growth

• Short term focus on core operating fundamentals during the COVID-19 pandemic, but we are now looking to drive growth

• With no debt and strong cash we are seeking to deliver the right opportunities for the best shareholder outcome

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 29

Investor Proposition

JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 30

OUR INVESTOR PROPOSITION

Consolidated Group

On current multiples (*) (FY2020 results and $9.2m market cap):

• 0.7x revenue

• 1.1x on consolidated recurring revenue base

• 12x Normalised EBITDA

(*) The multiples quoted assume none of the Company’s current cash balance is a surplus asset. The ratios quoted have been calculated directly from the Company’s market capitalisation as at 31 December 2020

Strong Financial

Foundations

$11.2m

Revenue for FY2020

$0.7m

EBITDA for FY2020

$3.9m

• cash at bank

• as at 16 November 2020

• Debt-free

• Growing recurring annual ERP commissions

Growth

• Well positioned for market trend towards cloud adoption

• Industry leading suite of products and services

• The acceleration of M&A opportunities during prevailing market conditions

• Confidence that recent acquisitions (Riyo and Spectrum) will deliver benefits over next 2 years

• Strong focus on an Asia strategy via current strategic ERP relationship as well as other standalone opportunities

Strong Operational Fundamentals

• Strategic relationship with a world leading vendor of cloud ERP software

• Established market reputation and footprint

• Experienced Board

• Experienced, industry recognised senior management team

• Attraction and retention of talented team members

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021

CAPITAL STRUCTURE, HISTORY AND SHAREHOLDERS

Key Statistics (ASX: JCS) As at 31/12/2020	Key Statistics (ASX: JCS) As at 31/12/2020
Share Price	$0.028
Shares on Issue	327,856,900
Performance Rights	9,800,000
Market Capitalisation	$9.2.m
Cash (as at 16 November 2020)	$3.9m
Debt	Nil
Enterprise Value	$5.3m
52 week high / low share price	$0.021 / $0.038

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Ownership of shares on issue as at 31 December 2020
23%
Remaining
Holders
45% Directors and
Executive
Interests
32%
Other Top
20 Holders
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5-year historical share price graph Source: https://www2.asx.com.au/markets/company/jcs

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JCURVE SOLUTIONS INVESTOR PRESENTATION January 2021 32

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Thank You enquiries@jcurvesolutions.com

www.jcurvesolutions.com

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