Iomart end-of-financial-year-presentation - 2015 final

2. 2
iomart

3. 3
UK Data Centres

4. 4
Global Reach

5. 5
What we do

6. Highlights –Year to March 2015
6

7. Financial Highlights –Year to March 2015
7
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs.
Adjusted PBT means profits before tax, depreciation, amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in the previous
period and mark to market adjustments on interest rate swaps and acquisition costs.
Adjusted diluted EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in previous period,
mark to market adjustments on interest rate swaps, acquisition costs and the tax effect of these adjustments.

8. Group Income Statement – March 2015
8
Mar-15 Mar-14 Growth
£’000 £’000
Revenue 65,797 55,618 18%
Adjusted EBITDA 29,053 23,611 23%
Adjusted EBITDA% 44.2% 42.5%
Pre-tax profit 10,785 9,715 11%
Taxation charge 1,890 1,995 -5%
Taxation % rate 17.5% 20.54% -5%
Profit after tax 8,895 7,720 15%
Adjusted pre-tax
profit 16,613 14,612 14%
Adjusted pre-tax
profit % 25.2% 26.2%
Adjusted diluted EPS 12.63p 10.85p 16%
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs
Adjusted diluted EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in previous period,
mark to market adjustments on interest rate swaps, acquisition costs and the tax effect of these adjustments.

9. Other Financial Highlights –Year to March 2015
9
Adjusted PBT means profits before tax, depreciation, amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in the previous
period and mark to market adjustments on interest rate swaps and acquisition costs.
Adjusted diluted EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in previous period,
mark to market adjustments on interest rate swaps, acquisition costs and the tax effect of these adjustments.

10. Group Revenue & Adjusted EBITDA 5 Years to March 2015
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015
Revenue
Adjusted EBITDA
Operating Cashflow
106%
£’000
10
(Number shown EBITDA %)
26.3%
33.4%
38.3%
42.5%
44.2%
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs
(Number shown is conversion %)
86%
90%
102%
94%

11. Growth Track Record - 5 Years to March 2015
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
2011 2012 2013 2014 2015
Revenue(£m) - CAGR 28.0%
-
5,000
10,000
15,000
20,000
25,000
30,000
2011 2012 2013 2014 2015
Adjusted EBITDA (£m) - CAGR 44.6%
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
2011 2012 2013 2014 2015
Adjusted diluted EPS (p) - CAGR 38%
£000s £000s p
11
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs.
Adjusted diluted EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, accelerated write off of arrangement fees in previous period,
mark to market adjustments on interest rate swaps, acquisition costs and the tax effect of these adjustments.

12. 12
Strong Business Model

13. 13
Market Analysis

14. 14
The Opportunity

15. 15
Why iomart?

16. 16
KPIs
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs.
Adjusted diluted EPS means basic EPS before amortisation charges on acquired intangible assets, share based payment charges, mark to market adjustments on interest rate swaps,
acquisition costs and the tax effect of these adjustments.

17. Outlook
17

18. Group Balance Sheet – March 2015
18
Mar-15 Mar-14
£’000 £’000
ASSETS/LIABILITIES
Tangible assets 34,846 32,533
Intangible assets 66,383 64,367
Lease deposit 2,416 2,416
Trade and other receivables 11,389 7,696
Deferred tax (2,087) (2,443)
Cash/(Debt) (15,394) (19,819)
Deferred income (5,475) (5,677)
Other current liabilities (14,606) (11,349)
Consideration due (1,650) (1,271)
Non-current liabilities (3,143) (1,566)
Net Assets 72,679 64,887

19. Cashflow Statement – March 2015
19
Mar-15 Mar-14
£’000 £’000
Adjusted EBITDA (pre SBP, acquisition costs and int adj) 29,053 23,611
Operating cash flow 27,206 23,990
Capital Expenditure (tangible and intangible) (12,951) (13,041)
Finance Lease drawdown 640 894
Capital Expenditure working capital 1,261 65
Reinstatement Provision - 429
Acquisitions in period (including debt repayment and shares issued) (2,445) (24,747)
Contingent/deferred consideration (1,271) (326)
Bank loan/(repayment) drawdown (net) (8,500) 20,997
Repayment of finance leases (1,245) (1,384)
Share issue (excluding issues for acquisition) 13 154
Dividend (1,867) (1,483)
Development costs capitalised (1,041) (557)
Corporation tax (3,212) (2,277)
Net interest (1,266) (1,081)
Net cash outflow (4,678) 1,633
Adjusted EBITDA means earnings before interest, tax, depreciation, amortisation charges, share based payment charges and acquisition costs