Tempo Australia : MDs Address to Shareholders

Tempo Australia Limited Annual General Meeting May 2017

Building the foundations for tomorrow by delivering on our strategic plan

2016 OVERVIEW

2016 OVERVIEW

• Our sector continues to be highly competitive and we are fortunate that the strong operational and financial performance in 2016 has helped create a solid foundation for the future.

• This has allowed Tempo to focus on:

  • developing tools and systems that will increasingly differentiate us;
  • differentiating by moving into adjacent industry;
  • up-skilling management; and

  • strengthening relationships with existing and future clients and partners.

• Our key achievements for 2016 are linked to our five strategic goals.

Capital Structure
ASX code	TPP
Shares on issue	241m
Options on issue	12m
Market capitalisation	A$43m *
Cash in hand	$26m**

Shareholders
Board and Management	~36%
Top 20 Shareholders	62%

• as at 5 May 2017

  ** as at 31 Dec 2017

  Strategic Goal 1: CREATE SHAREHOLDER VALUE
  • Revenues for FY16 of $81.4m.
  • EBITDA of $6.4m - a ~40 percent increase on FY15.
  • NPAT of $5.5m - a slight decrease primarily due to prior year results benefiting from a large amount of unrecognised tax assets. Tempo share price rebased since 1 Jan 2015 vs ASX 300

  • TSR growth over the last two fiscal years of 350%, and a growth of 87.5% for FY16.

  • Net asset value of $30.5m, with closing cash balance of $25.7m;

    • This, combined with a $10 million working capital facility, and $16.5 million of bank guarantee and surety bonding capability which remains fully undrawn, will help fund future organic or acquisitive growth.

$90M

$60M

$30M

$0M

Revenue

2014 2015 2016

$8M

$6M

$4M

$2M

$0M ($2M)

EBITDA

2014 2015 2016

$40M

$30M

$20M

$10M

$0M

Net Assets

2014 2015 2016