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transcript
FY 2016 Results Presentation 29 August 2016
RIGHT INDUSTRY, RIGHT REGION
SUPERLOOP LIMITED 3
Legend
Metro Fibre
Existing Capacity
Future Capacity
INTERNATIONAL NETWORK
HONG KONG
SINGAPORE
PERTH
ADELAIDE SYDNEY
MELBOURNE
BRISBANE
LOS ANGELES
INTERNATIONAL NETWORK(AS OF JUNE 2016)
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KEY OPERATIONAL MILESTONES - FINANCIAL YEAR TO 30 JUNE 2016
$11.9m
38%
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AGENDA
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05
03
0401
01
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FY16 PROFIT & LOSS SUMMARY
Significant growth in revenue as customer services are live and acquisitions are integrated
Contracted annualised revenue approaching direct and indirect cost base
★ Previous corresponding period 28 April 2014 to 30 June 2015 1. Includes $0.7m gain on disposal of fibre pairs in Singapore to a customer2. Earnings before interest, tax, depreciation, amortisation and foreign exchange gains/losses
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BALANCE SHEET
Supercharging our network to drive further growth in customer acquisition, now and in the future
Cash up to $45.9m due to successful capital raisings
Well funded for continued investment in infrastructure
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FIBRE
378km
DATA CENTRES
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REVENUE
$11.9m+
PERFORMANCE FINANCIAL YEAR 2016 (to 30 JUNE 2016)
MARGIN
27.6%
SINCE 1 JULY 2015SINCE 1 JULY 2015SINCE 1 JULY 2015SINCE 1 JULY 2015
DECEMBER 2016
DECEMBER 2016
DECEMBER 2016
DECEMBER 2016
annualised contracted recurring revenue at 30 June 2016
gross margin: revenue less direct network costs
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PERFORMANCE FINANCIAL YEAR 2016 (to 30 JUNE 2016)
at 30 June 2016
Contracted annualised revenue at 30 June 2016
($m)
Invoicing annualised revenue at 30 June 2016
($m) On-net revenue %
Fibre installed (km)
Data centres connected (#)
Average fibre cores
Utilisation (%)
Number of customers (#)
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THE POWER OF INFRASTRUCTURE - SINGAPORE
increase in contracted gross margin for
incremental on-net dark fibre[Q4 on Q1]
Increase in revenue compared to direct costs (Singapore)
FY16-Q1 FY16-Q2 FY16-Q3 FY16-Q4
Annualised contracted revenue
Annualised network costs
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THE POWER OF INFRASTRUCTURE - SINGAPORE
Incremental new on-net sales have a high gross margin (>85%)
Core cable utilisation is low, with significant spare capacity to sell
more
60%
40%
20%
Contracted gross margin Core cable utilisation
50%
30%
10%
FY16-Q1 FY16-Q2 FY16-Q3 FY16-Q4
70%
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SALES UPDATE
$11.9m+Contracted annualised recurring revenueat 30 June 2016 (up)
+37%Increase in qualified (unweighted) pipeline since December 2015
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To date, we have delivered network services that have exceeded ITU.T specifications enabling our customers to leverage these advantages to deliver better engineered solutions
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LIVE .SG
EXPANDED PRODUCT SET (GREATER SHARE OF WALLET)
LIVE Q3 2016 LIVE .SG
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CUSTOMER PROFILE
CUSTOMERS BY REGION
Australia
Singapore
Hong Kong
Singapore/Australia
30.6%
66.1%
TCV BY REGION
Australia
Singapore
Hong Kong
Singapore/Australia42%
55.3%
CUSTOMERS BY SEGMENT
Telecoms
Technology
Finance
Media
Other
9.7%
72.6%
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GATEWAY TO ASIA AND MAINLAND CHINA
WHY HONG KONG
International Trade
International Competitiveness
Key Hub for International Internet
Bandwidth/Connectivity
13 International Submarine cable (telecommunication)
systems
Key DC Market in APAC Region - with 10
new DCs planned
Average peak internet connection speed is
92.6Mbps (2nd fastest in the world)
Mobile penetration rateof 233.3% - among highest in the world
Large concentration of DCs in
multi-campus layout
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SPRINGBOARD TO SOUTH-EAST ASIA
WHY SINGAPORE
International Competitiveness
International Trade
Key Hub for International Internet
Bandwidth/Connectivity
15 International Submarine cable (telecommunication)
systems
Key DC Market in APAC Region - with 7
new DCs planned
Major investment and success in attracting major
technology and media businesses
Major Financial Hub for and Regional HQ for many of
the world’s largest companies
#2 busiest shipping port in the world
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SINGAPORE INVESTMENT
Buildings
Active Network
Under Construction
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HONG KONG INVESTMENT(completion in Dec 2016)
Gateway to Asia & Mainland China & Global Leader in Digital Economy
Data Centres
Finance Buildings
Major Buildings
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22|1 28
AUSTRALIAN NETWORK(completed Sep 2015)
Backbone network with 288 cores of fibre connecting 40 data centres across Sydney, Melbourne and Brisbane
Brisbane
Sydney
Melbourne
AUSTRALIAN NETWORK
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OPPORTUNITY
Investment
Initial Yield
Initial annual gross yield (at very low utilisation)
Utilisation
SINGAPORE EXCHANGE EXPANSION
Spare Capacity
available for sale
Network expansion profitable at gross profit level at 1% utilisation
Pre-committed/initialAnnual Revenue
Initial pre-committed contracted revenue (total contract value $3.5m over 5 years)
Utilisation
Initial utilisation of expanded loop
Existing Data Centres (9)Data Centres Under Construction (4)Media (7)Cable Landing Stations (3 for 5 cables)Future Cable Landing Station (1)Site not yet leased – will be later
HONG KONG’S TECH HUB
TKO INDUSTRIAL ESTATE & ADJACENT PRECINCT
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PROPOSED TKO EXPRESS
CONNECTING CHAI WAN TOTKO. TECH HUB
TKO Express is a new domestic submarine cable designed to provide the most direct path between Superloop’s core network in the data centre campuses of Chai Wan and Tseung Kwan O (TKO)
Industrial Estate tech hub
Data Centres
Fibre Network
TKO Express Submarine Cable
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OUTLOOK / PRIORITIES
Superloop’s infrastructure is highly scalable
As utilisation increases, additional revenue translates directly to increased margin and yield
Superloop has established a platform to leverage core infrastructure assets to drive customer acquisition and revenue growth
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Superloop is a
of connectivity services in the Asia Pacific region
ADDITIONAL INFORMATION
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