Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud...

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Presentation May 2013

Transcript of Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud...

Page 1: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Presentation – May 2013

Page 2: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Consistent Strategy

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Page 3: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Complex Cloud Services– It’s not simple

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Page 4: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Own Data Centres

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• 8 Data Centres

• Over 3,000 Racks

approximately 50% in use

(including Maidenhead build out)

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Own Network

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• Own fibre ring

• Multiple Wavelength

10 -100gig

• MPLS

• Point to Point

• Leased line

• Protects future growth

and margin

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Market Drivers

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Page 7: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

M&A – Our Activity

• 8 acquisitions since May 09

• 3 in last 12 months – all

performing as expected

• Expect activity to continue

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Page 8: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Financial Results – Year to Mar 13

• Revenue growth of 29% to £43.1m (2012: £33.5m)

• Adjusted EBITDA1 growth of 48% to £16.5m (2012: £11.2m)

• Adjusted PBT2 growth of 56% to £10.7m (2012: £6.9m)

• Adjusted basic EPS3 growth of 21% to 8.46p (2012: 6.99p)

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1Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs 2Adjusted PBT means profits before tax, depreciation, amortisation charges on acquired intangible assets, share based payment charges, mark to market adjustments on interest rate swaps and acquisition

costs 3Adjusted basic EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, mark to market adjustments on interest rate swaps and acquisition costs

Page 9: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Group Revenue & Adjusted EBITDA Years 2009-13

-1,000

4,000

9,000

14,000

19,000

24,000

29,000

34,000

39,000

44,000

March2009

March2010

March2011

March2012

March2013

Revenue

Adjusted EBITDA

£’000

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Page 10: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Operating Cashflow and Adjusted EBITDA Years 2009-13

-1,000

1,000

3,000

5,000

7,000

9,000

11,000

13,000

15,000

17,000

March2009

March2010

March2011

March2012

March2013

Operating Cashflow

Adjusted EBITDA

£’000

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Page 11: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Growth Track Record March 2010- 2013

-

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

2010 2011 2012 2013

Revenue(£m) - CAGR 32.94%

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2010 2011 2012 2013

Adjusted EBITDA (£m) - CAGR 74.40%

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2010 2011 2012 2013

Basic Adjusted EPS (p) (excluding taxation) -CAGR 116.1%

£m £m p

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Page 12: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Key Performance Indicators % Year 2009 - 2013

-1

1

3

5

7

9

11

-10

0

10

20

30

40

50

60

70

80

March 2009 March 2010 March 2011 March 2012 March 2013

Gross Margin % Adjusted EBITDA % Basic Adjusted EPS p (excl taxation)

% EPS

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Page 13: Presentation May 2013 - iomart...Presentation – May 2013 Consistent Strategy 2 Complex Cloud Services– It’s not simple 3 Own Data Centres 4 • 8 Data Centres • Over 3,000

Summary

• Continuing to deliver on strategy of focusing on managed cloud hosting

• Continued significant increase in profitability

• Growing both organically and by acquisition

• Strong revenue growth - excellent visibility and high level of recurring

revenue

• Positioned to satisfy strong demand for complex hosting involving cloud

• Confident of future growth

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