1 / 17

ETH O S VALUABLE OUTCOMES

ETH O S VALUABLE OUTCOMES. http://ethosvo.org. 2012 Share offer. Robert Pye Air Commodore Andy Fryer Major General Lamont Kirkland CBE Tony Clarke Gerald Callus. ETH O S VALUABLE OUTCOMES. Agenda. Ethos VO The offer Key people Concept Strategy

jocasta
Download Presentation

ETH O S VALUABLE OUTCOMES

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ETHOS VALUABLE OUTCOMES http://ethosvo.org

  2. 2012 Share offer Robert Pye Air Commodore Andy Fryer Major General Lamont Kirkland CBE Tony Clarke Gerald Callus ETHOS VALUABLE OUTCOMES

  3. Agenda • Ethos VO • The offer • Key people • Concept • Strategy • Cluster 1: London / local government / Aldershot • The business plan • The exit • Tennis Centre • Our DD steps to completion • Agree next steps / actions

  4. The Ethos VO offer 2012 Equity • Ethos VO Ltd divided into 100m shares. • Target exit value = £100m in five years Offer • Up to 20% (20m shares) of Ethos VO Ltd to be sold for £4m • 10% of equity allocated to 12 most valuable members (see annex) • Remaining 70% to be allocated over next five years • No dilution necessary • £100k = 500k shares = 0.5% of Ethos VO Ltd. • Target value of shares on exit = £500k (x5 investment)

  5. Ethos VO Ltd – who are we? Senior team • Major General Lamont Kirkland CBE – general officer commanding 4th Division • Air Commodore Andy Fryer – former deputy commander of the NATO AWACS force • Robert Pye – former Ernst & Young director and vice president Thales • Tony Clarke – former Ernst & Young executive and business change specialist • Gerald Callus – formerprogramme director, Thales • Captain Mike Davis-Marks OBE – former commanding officer of HMS Turbulent • Andy Uren – brand and communications lead • A network of over 100 senior execs / companies

  6. Concept: mediating networks and institutions ETHOS • Inputs: networks, knowledge, collaborations • Outcomes: services, projects, ventures

  7. Ethos VO Ltd – strategy Values • Collaboration, trust and moderation. Vision • Develop and scale Ethos resources, reputation and processes to address a wider range, number and complexity of problems at a local and global scale. • To provide a five year exit opportunity for members via a growth strategy Strategic focus 2012 • To generate sustained short-term revenue through the pursuit of opportunities to problem-solve through collaborative projects using the capabilities already inherent in the Ethos network. Build strong track record in delivery and reputation

  8. Ethos VO Ltd – strategy Strategy: three hubs equals a cluster • Aldershot (military node) • Military sports sponsorship – Team Army • Scaling to RN, RAF and combined sports • Future prospects: Australia and USA • Exploit retail opportunities (click-through) • Local government (IT node) • Ethos Drupal-based CMS in delivery to Caerphilly and Nottingham • Further pipeline: Cambridgeshire, N Wales, Strathclyde • London (mega-city network node) • Cyber • Post-crisis infrastructure management • Brand development Growth = launch one new cluster per year

  9. Aldershot: impressive results since January 2011 Sponsors • 22 of which 14 are new • More in negotiation Funds raised • Over £1m of sponsorship funds pledged / received • £170k existing sponsorship transferred in • Over £800k is new money • Additional £40k raised for Royal British Legion at dedicated fundraising events Expanding the scheme* • Combined sports • RAF • Royal Navy * Concept brands only at this stage

  10. Current Team Army sponsors

  11. Business plan: exit strategy Equity (100m shares) allocated incrementally • 60% to Ethos members according to contribution to Ethos strategy • 10% allocated per annum according to value-added • No dividends based on equity (cash earned as salary / subcontracts) • Founder retains golden share • 40% to investors • 20% tranche in 2012 • 20% tranche in 2014 • No dividend policy before 2015 Liquidation of investment • 2016 float or trade sale

  12. Business plan: member / costs / offer strategy • Everyone a member with more or less equal opportunity • Legally, a requirement for directors of limited liability companies as needed • Operationally, requirement for governing councils (e.g. a cluster / hub) • Equity discussed previously • FTE member growth from 10 (today) to over 1,000 on exit. • Member salary / income • Low base salary • Remainder is profit / income / results based Other costs • Vast majority of costs are people based • Virtual / distributed for foreseeable future • Low / no fixed assets – everything ‘cloud’ based All offers based on services • 10-20% net margin achievable • Recurring revenue where possible (e.g. Team Army forever) • Pricing on outputs not inputs where possible (e.g. Caerphilly)

  13. Business plan: cash balances at 29/11/2011 Ethos VO Ltd • £67,271.87 Ethos Fundraising Ltd • £200,698.11 Team Army Sports Foundation • £10,000.00* *managed on behalf of the charity Statements at end of presentation

  14. Business plan: P&L

  15. Questions?

  16. Questions?

  17. ETHOS VALUABLE OUTCOMES ethosvo.org

More Related