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Corporate Presentation. May 2009. Safe Harbor Statement.
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Corporate Presentation May 2009
Safe Harbor Statement Forward-looking statements regarding future events or DDS Wireless’ future financial performance may be made in this presentation that involve risks and uncertainties. Such statements are simply predictions, and actual events or results could differ materially from those anticipated. Please refer to the 2008 Annual Report and AIF and other filings with SEDAR, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections and/or forward-looking statements. 2
DDS Profile • Global provider of wireless mobile data solutions on 5 continents • Vertically focused Business Units leveraging core strength in wireless • Significant recurring revenue (>60%) from multiple sources • ASP, advertising, transaction based (credit card and debit card, call centre and maintenance • Operational strength • Profitable for 15 out of 17 years / Successful acquisition track record • Market leader in our core markets • 4 of the 5 largest transit authorities in North America • Customers include 80% of North America’s large taxi fleets • Leading supplier to black car and limousine market
Operating Business Units Waste Mgmt, Trucks, & Limousine Utilities Emergency Services Roadside Taxi Taxi Transit • Vertically focused business units leveraging wireless core competence • Scalable model for future expansion
Head office in Richmond, BC Regional offices in New York, Kansas, Seattle, Sweden, Finland, UK, India, Singapore Major install Office Global Reach 255 systems 80,000 units 183 employees Offices in 7 countries
Growing Base of Recurring Revenues $23.1 $20.8 $11.5 Larger base of recurring revenues provides greater visibility into future revenues and gnerally provides for higher margins
2008 Highlights • Revenue growth of 63% • Organic growth of 27% • Integration of MobiSoft and StrataGen and reorganization of the DDS into 4 business units • Commercial launch of TaxiBook™ in North America • Leveraging the strategic benefits of the MobiSoft acquisition • Taxi BU did over $3 million in business with Taxi G7 of France, and sold new systems a number of customers throughout the world
2008 Highlights • Transit closed $3.3 million contract with Access Services Inc. (ASI) of Los Angeles for StrataGen’s ADEPT • eFleet grew revenues by 148%, and net subscriptions by 68% • Digital Wireless launched iMAX™ and extended our reach into new market verticals and geographies
2009 and Beyond • Revenues of $35 – 36 million in 2009 • Positive EBITDA in 2009 • Continued growth in our hosted service offerings • eFleet, TaxiBook, eTransit, SmartCab • Drive further recurring ASP and transaction revenue • Further develop global markets • Leverage existing and develop new partnerships • Continue to look for acquisitions to drive further growth • Synergies with respect to product, geographies and market verticals