2014 A Record Year for IFCA

Transcription

1 Property Software Maven Board : Bursa Malaysia Ace Market Stock Code : 0023 Bloomberg Code : IFCA MK 2014 A Record Year for IFCA IFCA MSC Berhad Q Investor Relations Handout

2 Disclaimer Information contained in our presentation is intended solely for your personal reference and is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information about the company. Neither we nor our advisors make any representation regarding, and assume no responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information contained herein. In addition, the information contains projections and forward looking statements that reflect the company s current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks and which may change over time. No assurance can be given that future events will occur, that projections will be achieved, or that the company s assumptions are correct. Actual results may differ materially from those projected. This presentation is strictly not to be distributed without explicit consent of the Company s management under any circumstances.

3 Table of Contents IFCA at a Glance Corporate Profile Financial Snapshot 2014 A Record Year for IFCA Business Outlook Next Phase of Growth! Appendix IFCA in the News and Contact Details

4 IFCA at a Glance Corporate Profile Industry specific software packages for the property industry 27 years in establishment ; Public listed in offices in 7 countries Experienced Management Team > 15 years R&D Centres: Kuala Lumpur, Malaysia ; Guangzhou & Wuhan, China Total Customers : 1,686 User License Sold : 36,635 Greatest Value: Niche market dominance ; Large customer base

5 IFCA at a Glance Corporate Profile IFCA Academy Industry and technology research Product and development Industry specific educational seminars and training Staff strength of > 100 employees IFCA Malaysia 9 branches throughout the country 6 Business Units: Property Development, Property Management, Construction, Hotel & Clubs, Human Resource, Network & Server Staff strength of > 200 employees IFCA China 8 branches throughout the country IFCA Academy China: Research, development, education Staff strength of > 200 employees IFCA International Responsible for Global Distributor / Partnership Program Presence in: Singapore, Indonesia, Philippines, Vietnam, South Africa Strategic acquisitions

6 IFCA at a Glance Large Customer Base : 1,686 Malaysia : 1,164 China : 103 Singapore : 45 Indonesia : 250 Philippines : 103 Japan : 1 Vietnam : 20 Our Iconic Customers Sime Darby SP Setia IOI Properties EcoWorld Wanda Group Country Garden R&F CapitaLand Pakuwon Group Pondok Indah Group Agung Podomoro Group Sr. Sto. Niño de Cebu Mitsui Fudosan Growthpoint Management Services

7 IFCA at a Glance Software Suite Property Management Property Development Construction Industry Specific Fully Integrated Comprehensive Hotel Management Club Management Human Resource Management

8 Financial Snapshot 2014 A Record Year for IFCA

9 Financial Snapshot Group YoY Financial Performance FY2014 vs FY2013 Unaudited Audited 31 December December 2013 YoY 2014 RM'000 RM'000 Revenue 89,241 52,007 72% Profit Before Tax 25,589 1,897 1,249% Profit Before Tax Margin 29% 4% Net Profit Attributable to Owners of the Company 21,077 1,728 1,120% Net Profit Attributable to Owners of the Company Margin 24% 3% Share Capital (Unit) 483,171, ,053,000 7% Earnings Per Share (EPS) (sen) ,047%

10 Financial Snapshot Group Operations Results Q4 FY2014 vs Q4 FY2013 Revenue RM 000 Profit Before Tax RM 000 Gross Profit Margin RM ,000 30,000 25,000 20,000 15,000 10,000 5,000-31,188 Q ,034 Q ,000 10,000 5,000 - (5,000) 11,867 Q42014 Q42013 (66) 86.5% 86.0% 85.5% 85.0% 84.5% 84.0% 83.5% 83.0% 82.5% 82.0% 81.5% 86% Q % 83.2% Q x 180.8x 3.4%

11 Financial Snapshot Group Operations Results Q4 FY2014 vs Q4 FY2013 Net Profit Attributable to Owners of the Company RM ,000 9,124 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - Q Q42013 Earnings Per Share (sen) Q42014 Q x 94.5x

12 Financial Snapshot Sales Contract, Revenue, Operating Expenses & PAT FY2014 vs FY2013 RM' , , ,000 89,241 80,000 60,000 55,581 52,007 56,652 44,435 Unaudited 31 December 2014 Audited 31 December ,000 20,000 21,810 - Sales Contract Revenue OPEX Profit After Tax (PAT) 1,654 The Group recorded profit after tax of RM21.8 million for the full year. This is 1,219% growth over last year same period. The significant increase in profit reflects the scalability nature of the software business. When there is a surge in business growth, we do not require a corresponding surge in operating expenses. While our revenue grew by 72% on a year-to-date basis, our operating expenses grew a marginal 27%. The difference will translate to a higher net operating profit.

13 Financial Snapshot Group Revenue Segments FY2014 vs FY2013 RM ,000 45,000 44,716 40,000 35,000 30,000 Unaudited 31 December 2014 Audited 31 December ,000 22,807 20,000 15,000 16,605 14,122 14,688 13,232 10,000 5,000 7,262 7,816 - Software Licenses Maintenance Services Professional Services Hardware +96% +18% +102% +69% IFCA MSC Berhad

14 Financial Snapshot 2 Years Group Cash Reserve RM'000 55,000 50,000 49,781 45,000 40,000 +RM15.5m 35,000 34,273 34,667 30,000 25,000 27,171 28,687 29,653 28,380 29,976 20, Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr 4 IFCA Group's cash reserve of RM50m with no gearing as at Q4 Y2014 reflects a healthy cash position

15 2015 Business Outlook Next Phase of Growth!

16 2015 Business Outlook Next Phase of Growth! Catalyst for Growth 1. High Value Solution Sales 2. Software as a Service (SaaS) 3. China Market Growth 4. International Expansion and Acquisitions Leveraging on market leadership Targeting 20% of 2,600 property companies in Malaysia An average sale > RM1m RM520m addressable market (20% of 2,600 x 1) IFCA MSC Berhad

17 2015 Business Outlook Next Phase of Growth! Catalyst for Growth 1. High Value Solution Sales 2. Software as a Service (SaaS) 3. China Market Growth 4. International Expansion and Acquisitions Recurring revenue model Targeting 80% of 2,600 property companies in Malaysia Solutions offered include: Project Marketing Project Performance Contract & Cost Management Property Sales Management Rental Management Assuming average of RM10k per month per project Addressable market RM250m/year (10k x 12 x 80% of 2,600) IFCA MSC Berhad

18 2015 Business Outlook Next Phase of Growth! Catalyst for Growth 34 provinces 1. High Value Solution Sales 2. Software as a Service (SaaS) 3. China Market Growth 4. International Expansion and Acquisitions 76 cities with more than 5 million population 45 thousand property companies > 100 customers: Wanda Group, R&F, Country Garden etc. Addressable market RM4.5b (20% x 45k x RM500k) Presently 8 offices ; Additional 10 by year end IFCA MSC Berhad

19 2015 Business Outlook Next Phase of Growth! Catalyst for Growth 1. High Value Solution Sales RMB 000 Exponential Growth 2. Software as a Service (SaaS) 3. China Market Growth 4. International Expansion and Acquisitions % % Sales Contract Revenue IFCA MSC Berhad

20 2015 Business Outlook Next Phase of Growth! Catalyst for Growth 1. High Value Solution Sales 2. Software as a Service (SaaS) 3. China Market Growth 4. International Expansion and Acquisitions Global Partnership Program Search Appoint Grow Acquire Existing Distributors: Indonesia Singapore Philippines Vietnam IFCA MSC Berhad

21 2015 Business Outlook Continuing GST Opportunities Expects GST business activities to continue after 1 April 2015 Activities include: Software Changes GST Help Desk GST Compliance Verification Services Translates to another cycle of professional and software services opportunities IFCA MSC Berhad

22 Appendix

23 Appendix IFCA in the News IFCA in the News 18 February January October August August February 2015 IFCA to enjoy short-term boost from GST software upgrades 19 January 2015 No slowing down for IFCA in FY15 8 January 2015 IFCA s share price rises 12.6% on GST job prospect 7 January 2015 Stocks With Momentum: IFCA may have dividend policy to reward shareholders 7 November 2014 Strong top-line growth gives IFCA a higher 3Q profit 6 November 2014 IFCAMSC shares jump 7% after reporting 443% on year rise in 3Q net profit 6 November 2014 IFCA MSC active, gains 5% on firm 3Q results, TP upgrade 6 November 2014 IFCA to reward shareholders, eye 20% of profit as dividends 5 November 2014 IFCA MSC 3Q net profit soars 406% 27 October 2014 IFCA MSC shares climb 6% after Edge Research says co fundamentals solid 27 October 2014 IFCA MSC up 8% at all-time high since 2003 listing 27 October 2014 Stocks With Momentum: IFCA MSC 24 October 2014 IFCA MSC regains upward momentum 11 September 2014 Warrants Update: IFCAMSC-WA a GST play

24 Appendix Investor Relations Contact Details Philip Voo CFO Sugeetha Raghupathy MarCom Manager

25 thank you Property Software Maven