FY2016 AGM Shareholder Presentation. Company Update. Slide 1

Transcription

1 FY2016 AGM Shareholder Presentation Company Update Slide 1

2 FY 2016 BUSINESS PERFORMANCE CRAIG SOWDEN Chief Financial Officer, TZ Limited Slide 2

3 Year-on-Year Revenue Growth $A25M A$20.8M A$20M A$15M A$15.2M A$10M A$8.5M A$5M A$1.7M A$2.8M FY2012 FY2013 FY2014 FY2015 FY2016 Top Line Growth Slide 3

4 Business Performance REVENUE A$2.8M A$8.5M A$15.2M A$20.8M GROSS MARGIN 50% 49% 44% 30% EBITDA (A$11.8M) (A$8.5M) (A$4.4M) (A$5.3M) NPAT (A$16.5M) (A$11.8M) (A$6.4M) (A$7.0M) EPS (cents) (9.7) (4.4) (1.6) (1.5) Q Revenue A$7.6M Gross Margin 40% Business Performance Slide 4

5 Operating Expenditure EMPLOYEE BENEFIT A$3.85M A$5.74M A$6.98M A$8.12M OCCUPANCY EXPENSE A$0.22M A$0.28M A$0.36M A$0.51M COMMUNICATIONS EXPENSE A$0.13M A$0.11M A$0.24M A$0.23M PROFESSIONAL SERVICES A$1.93M A$1.61M A$1.16M A$1.08M TRAVEL AND ACCOMMODATION A$0.72M A$0.84M A$0.98M A$0.89M Operating Expenditure Slide 5

6 FY 2016 OPERATING HIGHLIGHTS JOHN WILSON Founder, TZ Slide 6

7 Business Unit Revenue A$25M Infrastructure Protection Data Centre Cabinet Security Packaged Asset Delivery Smart Locker Business A$20M A$17.7M A$15M A$10M A$5M A$2.1M FY2013 FY2014 FY2015 FY2016 FY2013 FY2014 FY2015 FY2016 Growth by Business Unit Slide 7

8 Design Services (Infinity) Europe IXP Postal PAD Corporate PAD APAC Americas Sales by Product Sales by Region Sales by Region / Product Slide 8

9 Indicative Units Sold # of Locks Sold To Data Centre Cabinet Security # of Lockers Sold Smart Locker Business 20,000 40,000 15,000 30,000 10,000 20,000 5,000 10,000 FY2013 FY2014 FY2015 FY2016 FY2013 FY2014 FY2015 FY2016 Growth by Units Sold Slide 9

10 US Logistics Company 300 Locker Banks May 2016 Poste Italiane 12 Locker Banks January 2016 Singapore Post 50 Locker Banks September 2015 Pos Malaysia 50 Locker Banks October 2016 CouriersPlease 45 Locker Banks July 2016 FY 2016 Highlights Slide 10

11 Brisbane Sydney Melbourne > 12,000 Day Lockers Sydney Melbourne > 5,000 Day Lockers Brisbane > 1,000 Day Lockers FY 2016 Highlights Slide 11

12 OPERATING CONDITIONS PARTNERING NEW APPLICATIONS LICENSING Improve operational performance through manufacturing cost reduction, extended credit terms and improved payment conditions. Increase the speed of penetration through new channel distribution partnerships Explore new applications for the technology and expand into new sectors Accelerate the rate of adoption through licensing FY 2016 Business Initiatives Slide 12

13 IMPROVING OPERATING CONDITIONS UNIT COST REDUCTION CREDIT TERMS CUSTOMER PAYMENTS TZ Devices manufactured ex-asia Assembly in Asia and US (Mexico) Component sourcing ex-asia Asian based 3PL partner Credit terms with key Suppliers Extended payment terms Loan facility secured if needed Upfront deposit with PO Transition to progress payments Move from 45 to 30 day accounts Improving collection process Improving Operating Conditions Slide 13

14 Corporate / Residential / Higher Education: W0 Receive PO Deposit Invoice W8 Ship Lockers W10 Install Lockers Full Invoice Final Invoice Postal: M0 Receive PO Pay Bond Pay Bond Deposit Invoice M3 Ship Lockers Progress Invoice M4 Clear Customs Progress Invoice Progress Invoice M5 Install Lockers Progress Invoice Progress Invoice M15 End Warranty Final Invoice Final Invoice Bond Refund Bond Refund Cash Flow Management Slide 14

15 Partnering with Ricoh Slide 15

16 MEDICINE CABINETS Gaming New TZ Smart Devices Healthcare DOMESTIC FURNITURE OFFICE STORAGE Retail New TZ Applications Slide 16

17 OPERATING CONDITIONS PARTNERING NEW APPLICATIONS LICENSING Improve operational performance through manufacturing cost reduction, extended credit terms and improved payment conditions. Increase the speed of penetration through new channel distribution partnerships Explore new applications for the technology and expand into new sectors Accelerate the rate of adoption through licensing relationships FY 2016 Business Initiatives Slide 17

18 TZ LABS LEVERAGING TZ TECHNOLOGY ADAM FORSYTH General Manager, TZ Labs Slide 18

19 2/237 Montague Road West End, QLD The alignment of all developmental capabilities to: Leverage TZ Intellectual Property Increase the tempo of product evolutions Optimise for lean production Drive modularity and scalability across the portfolio Agile development of customer centric solutions Building Our Technology Capability Slide 19

20 1 2 3 TECHNOLOGY DEVELOPMENT Development of new SMArt Devices and Systems that leverage, grow and support commercialisation of TZ IP 82 patents granted 23 patents pending based on 18 core concepts 21 patents pending based on 7 new concepts 11 registered trade marks 3 new technology demonstrators PRODUCT DEVELOPMENT Design and Engineering of Products, Devices and Integrated Systems based on TZ SMArt Devices Locker Design and Engineering Radial Design Improvements Manufacturing Optimisation Engineering Change Management TZ Electronic SwingHandle FEE-FOR-SERVICE INDUSTRIAL DESIGN Provision of Design Services to key and retained customers GNSS survey technology Parking management Drone enhancements Fire protection systems TZ Labs Mandate Slide 20

21 Data Centre Security Logistics Delivery Retail Office Facilities Commercial Asset Security Postal Assets Future Solutions Personal Assets & Packages Cyber-Physical Solutions for infrastructure, logistics and asset management TZ Software delivers customer value by leveraging data from TZ SMArt Devices TZ SMArt Devices are the enablers of differentiated customer solutions TZ SMArt Solutions Slide 21

22 Our next generation devices are built for the Industrial Internet of Things Security is part of the device fabric Advanced wireless mesh, Wi-Fi and wired communications Inbuilt ambient condition and usage sensors TZ SMArt Devices are unique They gather data. They communicate it. They take action. TZ SMArt Devices Slide 22

23 Mechanisms Programmable and Networkable Intelligence Self Diagnosing Adaptive Sensors Ambient Conditions Low Power Consumption No EMF High Reliability Long Life Smart Materials Device Health and Usage User Identification Ultra Low Power Designs Power Optional Power Sources: Wired, Battery, Harvested Connectivity Open and Proprietary Protocols Wired and Wireless Capability Smart Node on a Network Modular Scalable Adaptive TZ SMArt Devices Slide 23

24 Next Gen TZ Devices will not only support wired networks but will be smarter in how they communicate wirelessly: All TZ SMArt Devices will cooperate in the distribution of data in the network It will be a self healing mesh topology based on industry standards Mobile devices will be considered as nodes on the network It will extend the network range without the need for multiple communication hubs It will save power and increase bandwidth TZ SMArtNET Slide 24

25 Corporate Infrastructure and/or Internet TZ Gateway TZ Software and Informatics Cellular Internet TZ SmartPhone App CANbus RS485 TZ Radial TZ SwingHandle Future TZ Devices Off-the-Shelf Sensors TZ SMArt Device Ecosystem Slide 25

26 MEDICINE CABINETS Gaming New TZ Smart Devices Healthcare DOMESTIC FURNITURE OFFICE STORAGE Retail New Applications Slide 26

27 A New Retail Security, Control and Management Solution KEY DRIVERS: To reduce administration overheads by eliminating keys and conventional locks and automating record keeping To improve workflow by knowing which and what items are being accessed, by whom and at what time To simplify staff records through digital time sheets using cyber identities To provide system security by alerting to unsecured cabinets To improve data driven decision making by capturing transactional data and events Targeting Retail Slide 27

28 Replaceable Battery Patented SMArt Lock Mechanism Integrated LED, TZ SMArtNet and NFC Knob available in range of colors and forms Intelligent Electronics Deadbolt system available in rear, mortise and front mount configurations TZ SMArt CabLock Slide 28

29 Staff are issued an identity ring Staff close the cabinet and serve the customer Cabinet secured by TZ SMArt CabLock TZ SMArt CabLock warns staff and their supervisor if cabinets are left open too long TZ SMArt CabLock recognizes authorized identity ring and allows staff to open the cabinet How It Works Slide 29

30 Corporate Infrastructure and Systems TZ SCMS Informatics TZ SMArt Cabinet Lock Patented SMArt Object technology Uses NFC cyber identification 3 rd Party store based CCTV systems Wireless or Ethernet TZ SCMS Gateway 3 rd Party store based LPS systems TZ SCMS Gateway Secure management and interchange of data on a store by store basis TZ SMArt CabLock TZ SCMS Supervisor App TZ SCMS Supervisor App Tablet based store supervisor tools TZ SMArt CabLock TZ SMArt CabLock TZ SMArt CabLock TZ SCMS Informatics Secure cloud based central management, database and analytics suite TZ SCMS Store System System Architecture Slide 30

31 Store Based Supervisor App Supports ios and Android Devices TZ SMArt CabLock Management Authorized User Management Alarms and Events Store-based Reports Exception-based Reports and Alerts Timesheets and Log Review System Administration Slide 31

32 Secure cloud based central management and analytics suite Data management, storage and analytics SMArt device management and reporting Exception based reporting Interfaces to corporate HR and ERP systems as sources of truth Integrates with leading BI suites leveraging advanced machine learning Back End Integration TZ SCMS Informatics Stores using TZ SMArt CabLocks Informatics Slide 32

33 Big Data Analytics Slide 33

34 TZ SMArt CabLock Demo Slide 34

35 FY 2017 BUSINESS OUTLOOK KENNETH TING Executive Director, TZ Limited Slide 35

36 Quarterly Revenue (A$M) Growth Continues in FY2017 $22.0 FY2014 FY2015 FY2016 $20.0 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Quarterly Performance Slide 36

37 Corporate Mail On-going expansion within established customer base. Ricoh partnership also building awareness of TZ corporate offering to their extensive base of managed mail service customers. Corporate Day Locker On-going expansion within established customer base. New contracts secured: Sydney Sydney FY2017 Business Slide 37

38 Postal and Logistics On-going locker deployment program into 2017 Residential Strategic supply relationships established with major US property developers on the West and East Coast. USA West Coast Malaysia New York, New Jersey Australia South East FY2017 Business Slide 38

39 New World of Work Launch Markets 2017 UK and Ireland Germany Spain Italy PAD Business in Europe Slide 39

40 SMArt Mailbox New Application Large Addressable Market Supported by Market Trends Early Adopter identified Finalising System Design Will be Credible Reference Launch New Application Slide 40