Managing Directors AGM Address 22 November 2018 Presented By: y: - - PowerPoint PPT Presentation

Managing Director’s AGM Address

22 November 2018

Presented By: y: Dr Dr Dar Daryl Ho Holm lmes s (O (OBE BE) Fou

• under & Managing Di

Director

Franked Dividends

• 2 -

4.0 5.4 6.5 7.5 8.6 10.0 6.5 9.0 11.0 11.25 12.0 4.5 6.0 7.2 8.0 9.2 8.5 8.0 10.2 11.5 11.75 12.0

0c 5c 10c 15c 20c 25c '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18

Franked Dividends

Final Dividend Interim Dividend

Acquisitions

Buderim Noosa

Recently Acquired & Rebranded

Ingham Roma

Financial Snapshot

FY’18 FY’17 Change (%) Revenue (OTC) $55.8m $51.0m 9.6 Revenue (Statutory) $39.3m $36.2m 8.8 EBITDA $13.1m $12.5m 4.2 EBIT $10.8m $10.3m 3.2 NPBT $10.7m $10.3m 3.4 NPAT $7.6m $7.3m 4.1 EPS 32.2c 30.7c 4.8 DPS 24.0c 23.0c 4.3

NPAT ($, left scale) and Margin of Stat Revenue (%, right scale)

14% 17% 18% 18% 17% 18% 16% 18% 20% 20% 20%

0% 5% 10% 15% 20% 25% 2 4 6 8 10 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18

$M

Full Year EBITDA ($, left scale) and Margin

21% 23% 24% 25% 24% 23% 22% 23% 25% 25% 23% 0% 5% 10% 15% 20% 25% 30% 2 4 6 8 10 12 14 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18

$M

Full Year EBITDA ($ and Margin of OTC Revenue)

Revenue

20 40 60 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18

$M Revenue

Stat Revenue OTC Revenue

Reconciliation of OTC Revenue (non-IFRS) to Statutory Revenue per (Financial Statements)

'08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 OTC Revenue ($m) 18.6 27.6 30.7 35.7 45.9 48.5 43.3 53.2 51.4 51.0 55.8 Less amount retained by self-employed Dentists ($m) 3.4 5.3 6.8 6.9 9.2 12.3 11.5 16.6 14.9 14.8 16.5 Statutory Revenue ($m) 15.2 22.4 23.9 28.7 36.7 36.2 31.8 36.6 36.5 36.2 39.3

Morayfield – Greenfield

• pened on 21 May ‘18
• Initially 4 chair set up with potential to

expand to a 9 chair facility asap

• Part of a Health Hub which include:
• GP Clinic
• Urgent Care Clinic
• Allied Health
• Day Services
• Preventative Health Services
• Rehabilitation Services
• Diagnostic & Medical Imaging

Townsville City Relocation

• pened on 3 September 2018
• Relocated 4 chair facility with

potential to expand to 7 chairs asap

• Establishing a health-hub by

partnering with allied health professionals in prime Townsville CBD location

How we compare

1300SMILES capacity usage 76% - room for growth Industry average capacity usage 88% Industry average 65% male Dentists 1300SMILES 54% male Dentists

1 2 3 4 5 6 7 Industry Average 1300SMILES

Staff per Practice 1300SMILES benchmarks at 1.6 staff per Dentist