Tesserent Limited – AGM 2016
23rd NOVEMBER 2016
Tesserent Limited AGM 2016 23 rd NOVEMBER 2016 Disclaimer This - - PowerPoint PPT Presentation
Tesserent Limited AGM 2016 23 rd NOVEMBER 2016 Disclaimer This presentation has been prepared by Tesserent Limited (the "Company"). It does not purport to contain all the information that a prospective investor may require in
Tesserent Limited – AGM 2016
23rd NOVEMBER 2016
Disclaimer
This presentation has been prepared by Tesserent Limited (the "Company"). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the
No representation or warranty (whether express or implied) is made by the Company or any of its officers, advisers, agents or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or provided in connection with it, or any omission from this presentation, nor as to the attainability of any estimates, forecasts or projections set out in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (without incurring any obligation to do so). Neither the Company, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or Liability to you or to any other person or entity arising out of this presentation including pursuant to the general law (whether for negligence, under statute or otherwise), or under the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Competition and Consumer Act 2010 or any corresponding provision of any Australian state or territory Legislation (or the Law of any similar Legislation in any other jurisdiction), or similar provision under any applicable law. Any such responsibility or liability is, to the maximum extent permitted by Law, expressly disclaimed and excluded. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available information and should not be used in isolation as a basis to invest in the Company. Future Matters This presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or Implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties may cause the Company's actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. The Company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended. US Disclosure This document does not constitute any part of any offer to sell, or the solicitation of any offer to buy, any securities in the United States or to, or for the account or benefit of any "US person" as defined in Regulation S under the US Securities Act of 1993 ("Securities Act"). The Company's shares have not been, and will not be, registered under the Securities Act or the securities Laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States or to any US person without being so registered or pursuant to an exemption from registration including an exemption for qualified institutional buyers.
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Company Snapshot
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ASX Symbol TNT Existing Shares on Issue:
37,250,001 65,209,599 Total Ordinary Shares 115,334,600 Cash Balance (at 30 Sept 2016) A$2.112m Share Price (22 November 2016) 14.0 cents Market Capitalisation A$16.15m
Company providing world-class managed security services to a wide range of Australian and international customers.
Security-as-a-Service to small and large organisations’.
MSSP Platform to deliver Security-as-a-Service to their
BMW, Toyota, Nintendo, The Good Guys, Reece and Maxitrans.
education, financial services, transport, healthcare, religious institutions, logistics, retail, government (federal, state and local), and professional services.
Investment Proposition
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Australian organisations currently serviced by Tesserent include BMW, Toyota, Nintendo, The Good Guys, Reece, and Maxitrans.
business to easily upscale or downscale its IT requirements as and when required.
could achieve with its own sales resources.
SURBL., and others.
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Australians are Increasingly Connected Online
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Source: Australia’s Cyber Security Strategy, Australian Federal Government 2016
Detected Security Events in Australia are Increasing
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Source: Global State of Information Security Survey, PwC, 2016
Security Budgets are on the Rise
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Source: Global State of Information Security Survey, PwC, 2016
“By 2020, 100% of Large Enterprises will be asked to report to their Board of Directors on Cyber Security.” Gartner
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Security is a Priority for Australian Businesses
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Source: Global State of Information Security Survey, PwC, 2016
Cyber Crime is a Significant Cost
“Worldwide, losses from cyber security attacks are estimated to cost economies around one per cent of GDP per year. On this basis, the real impact of cybercrime to Australia could be around $17 billion annually”
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Source: Australia’s Cyber Security Strategy, Australian Federal Government 2016
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Growth Driven by Strategy
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Key Business Highlights:
Strategic Revenue Growth
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Tesserent’s business strategy is focused on building systematic and sustainable revenue
⎼ Presence in Victoria, New South Wales and Queensland. Sales team is committed to their territory and is driving high-level engagement with their customer base. ⎼ Other states are covered remotely with regular inter-state visits to build pipeline and customer base.
lead generation, brand recognition and thought leadership initiatives.
TESSERENT PRESENTATION MAY 2016 15
Our Business – Built for Growth
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Guys, Reece Plumbing, key educational institutions and various Government entities.
Our Offerings
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Managed Security Service Cyber Safety and Digital Citizenship
PRODUCT INTEGRATION
markets and education market with specialised cyber security products.
keeping pace with market changes.
products with leading OEM vendor products to offer a world-class managed security service.
Our Market/s
3 Key Industries and Several Territories
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Key Industries:
Target Customer:
Territories:
relationships
End-Customers in:
Channel Partners in:
Tesserent and our Channel Partners service around 350 organisations across 11 countries and territories
Gartner predicts “by 2020, 60% of enterprise information security budgets will be allocated to rapid detection and response approaches — up from less than 10% in 2014”
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Responding to Market Changes
practice.
Vault – leading Security Information and Event Management (SIEM) vendor.
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Nov Oct Sep Aug Jul Jun May Apr
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Signed new US Channel Partner Agreed MyNet sale $3.8m Received first 2 orders from US Channel Partner New Education Sector Sales
Milestones Since Listing
Blue Reef acquisition
Mar Feb
Agreed Family Zone Partnership 150 new Education customers Awarded AlienVault Platinum Partnership 30% YoY revenue growth New Corporate Customer validates approach Cyber Safety Symposium Appointed Sales & Marketing Executives Appointed Senior Operations Executive Expanded Sales Team Sydney, Melbourne & Singapore
Proven Business with Strong Customer Validation
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base
within the defined market segments of Education, Local Government, and Corporate & Enterprise
the Directors have shifted focus onto strategic and growth related opportunities
from a recently-won deals with blue-chip organisations
Investor Relations
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market announcements.
new appointments:
In Summary
in cyber attacks.
blue-chip companies.
appropriate – most recently MyNet IP for $3.8m.
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Contacts
Investors
Nick Kapes Novus Capital Limited Level 8, 330 Collins St Melbourne Vic, 3000 T: +61 3 8602 1714 M: +61 438 354 443 nick.kapes@novuscapital.com.au
Media
Warrick Lace NWR Communications Level 7, 333 Collins St Melbourne Vic, 3000 T: +61 404 656 408 M: +61404 656 408 warrick@nwrcommunications.com.au