DOCSLIB.ORG

2019 Annual Report up 23%

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2019 Annual Report up 23% 2019 Annual Report up 23% up 7% up 8% 2019 up 16% What’s Full year inside At a glance 02 $35.8M $41.3M $44.5M $47.7M $58.5M results FY15 FY16 FY17 FY18 FY19 Financial highlights Comparable* 06 Net Profit After Tax Letter to shareholders 10 Global SaaS ERP solution 22 Our strategy up 44% 28 $31.3m Our growth up 39% 38 $19.7m Our operations up 107% 44 $26.2m Our people 52 up 72% $10.2m TechnologyOne Foundation 60 Financial Statements 64 $14.3m $24.5m $50.7m $70.4m $101.7m FY15 FY16 FY17 FY18 FY19 Directors’ report 66 SaaS Annual Recurring Revenue Corporate governance statement 94 Financial statements 103 Directors’ declaration 131 up 16% up 13% Auditor’s independence up 21% declaration 132 up 17% Auditor’s report 133 Shareholder information 139 $108.8M $126.9M $153.8M $173.9M $202.4M Corporate directory 140 FY15 FY16 FY17 FY18 FY19 Corporate calendar 141 Total Annual Recurring Revenue Enterprise software, *Refer to page 8 for definition of Comparable. incredibly simple. Transforming business, making life simple 1 % % % % UP UP UP UP $60R&D Investmentm Dividend8 Growth 44SaaS ARR Years10 of Record Profits 13Revenue Profit50 Before Tax (on Comparable basis) At a 01 glance 2 2019 TechnologyOne Annual Report Transforming business, making life simple 3 Our finances Our vision Our difference As the only company offering a true We are the only vendor that develops, customers to embrace the digital revolution global Software as a Service (SaaS) ERP sells, implements, supports and runs a fully and an exciting new world of possibilities in solution across the entire enterprise, we integrated suite of enterprise software a cloud-first, mobile-first world. are transforming business and solutions. Our global SaaS ERP solutions % making life simple. span the entire enterprise and allow our UP Our reach Our culture 10Consecutive years Dividend8 TechnologyOne has 14 offices throughout Our international team is made up of To foster a customer-oriented culture, of record profit growth Australia, New Zealand, Asia and the more than 1,200 passionate individuals. we developed the Compelling Customer United Kingdom. We believe in investing in our people, and Experience program. The program supports we do this with a wide range of initiatives and encourages our team members so such as O-Week, R&D Showcases and that they can deliver outstanding customer leadership courses. service every day. Our market-leading Our markets Our products % % % solutions and products • Local Government • Financials As the leading supplier of enterprise • Education • Human Resource & Payroll UP UP UP software solutions for more than 1,200 • Federal Government • Supply Chain Management large-scale companies, and with more than • Health and Community Services • Property & Rating 38Net assets 44SaaS ARR 50Net Profit 30 years’ success in the business, we have Before Tax growth • Asset and Project Intensive Industries • Business Intelligence (on 2018 Comparable) developed a deep understanding of our key markets. • Corporates and Financial Services • Enterprise Budgeting We offer our customers a range of • Performance Planning industry-leading preconfigured enterprise Our preconfigured solutions • Student Management solutions. Our solutions are effective and • Enterprise Asset Management our implementations are streamlined, which • OneCouncil • Enterprise Content Management reduces time, cost and risk for customers. • OneEducation • Enterprise Cash Receipting We also offer a comprehensive suite of • OneGovernment enterprise software products. • Stakeholder Management • OneCare Profitable since • Spatial • OneProject % % • Business Process Management % • OneAsset PBT R&D Total 1992 Margin UP spend UP ARR • OneHealth 27 11 16 • OneBanking • OneCorporate Our Research and Development We continue to focus our Research and Our Australian-owned commercial R&D Development (R&D) efforts on new and centre is the largest of its kind, with emerging technologies, including cloud- offshoot facilities in Indonesia and Vietnam. Cash % and cash Return on based technologies, artificial intelligence, $105m equivalents 55 Equity machine learning and other innovations. 4 2019 TechnologyOne TechnologyOne Annual Annual Report Report TransformingTransforming business, business, making making life life simple simple 5 Financial 02 highlights 6 2019 TechnologyOne Annual Report Transforming business, making life simple 7 One vision. One vendor. Growth on last 15 year year compound 2018 One code-line. 2017 2016 2015 2014 2013 2012 2011 2010 2019 Comparable growth Comparable** Reported One experience. Total 286,164 13% 12% 254,491 273,253 249,018 218,724 195,124 180,591 169,070 156,742 135,906 Revenue Annual Recurring 202,480 16% 173,912 153,896 126,996 108,853 - - - - - Revenue (ARR)1 SaaS ARR1 101,677 44% 70,372 50,701 24,489 14,265 - - - - - R&D 60,124 11% 13% 54,042 49,856 46,009 41,038 37,873 35,595 33,524 31,796 26,963 Investment* Net Profit 76,389 50% 12% 50,807 58,019 53,240 46,494 40,235 35,097 30,324 26,675 23,282 Before Tax Net Profit 58,459 23% 13% 47,681 44,494 41,344 35,785 30,967 26,984 23,559 20,326 17,813 After Tax Earnings Per Share 18.43 22% 12% 15.10 14.18 13.26 11.57 10.06 8.78 7.73 6.71 5.93 (cents) Total Dividends 11.93 8% 10% 11.02 10.20 9.45 8.78 8.16 5.60 5.09 6.12 5.70 (cents per share) Dividend 65% - - 73% 72% 72% 76% 81% 64% 66% 91% 96% Payout Ratio Return on 55% - - 46% 28% 31% 30% 30% 31% 32% 30% 28% Equity Cash & Cash 105,046 1% 10% 104,322 93,383 82,588 75,536 80,209 65,397 51,133 45,357 36,573 Equivalents Net Assets 106,857 3% 7% 103,480 157,520 138,494 117,940 104,499 87,736 73,997 68,370 63,415 *Before capitalistion. **2018 Comparable applies AASB15. It also assumes non-IFRS pro forma capitalisation of R&D costs (50%) for the FY18 year and is unaudited. As a SaaS company, R&D costs are capitalised from FY19 onwards, which is the common practice by our SaaS peers. We measure our performance using the comparable method because it is a better reflection of the performance of our business, setting a higher bar for the prior comparable period (FY18) than the statutory reporting. It allows for a ‘like for like’ comparison of the performance of the business, assuming R&D costs (50%) were capitalised in FY18. This is the basis used for all comparable reporting throughout this document. 1ARR is not an IFRS measure and is unaudited, it represents future contracted annual revenue at year end 8 2019 TechnologyOne Annual Report Transforming business, making life simple 9 Letter to 03 shareholders 10 2019 TechnologyOne Annual Report Transforming business, making life simple 11 Letter to shareholders On behalf of Technology One Limited (TechnologyOne) we are pleased to announce our 10th consecutive year of record profits and record Annual Recurring Revenue (ARR)1. Our global SaaS ERP solution is transforming our customers’ business and making life simple for them. This is resonating strongly with the market, driving our continuing strong results. This has been a challenging year, as we transition our business to both a new accounting standard (AASB15)2 and to SaaS accounting. We have now successfully achieved this without impacting our profit growth. Our Profit Before Tax of $76.4m was at the top end of guidance previously provided. Our Profit Before Tax was up 208% on the prior year statutory profit restated for AASB15, and up 50% on the prior year comparable profit (refer below), underpinned by the continuing fast growth of the TechnologyOne SaaS ERP solution. The successful transition to SaaS accounting now positions us well to continue our strong growth for many years to come. Key to our ongoing success is the high quality, annual recurring SaaS revenue, which is growing by 40+% per annum. This growth is all organic and includes no acquisitions. TechnologyOne is today a very successful SaaS company, with 435 major enterprise customers including Universities, Local Government, Government departments, Hospitals, and other large corporations using our global SaaS ERP solution to transform their Our clarity and continuity of vision is the business and make their life simple. key to our ongoing long-term success. We are on track for Total Annual Recurring Revenue to increase to Our vision is based on our unique $500+m in FY24. ‘Power of One’ business model that sees TechnologyOne as the only enterprise Given the momentum in our SaaS business, the outlook for the new vendor providing a totally integrated financial year will see continuing strong growth. experience to customers, in which we build, market, sell, implement, support and run our world-class enterprise software. The strength of our product offerings, our enterprise vision, vertical market focus and the resilient nature of the enterprise software market are the foundation for our continuing success. When coupled with our innovation, creativity and substantial ongoing investment into new and emerging technologies, we are well positioned for 1ARR is not an IFRS measure and is unaudited, it represents future contracted annual revenue at year end strong growth in the coming years. 2AASB15 Revenue from contracts with customers 12 2019 TechnologyOne Annual Report Transforming business, making life simple 13 Results Summary TechnologyOne SaaS ARRi grows 44% 4 Key results on AASB15 statutory Key results on Comparable basis TechnologyOne’s global SaaS ERP solution continues to grow TechnologyOne is a very successful SaaS company. We have 1 basis were as follows: were as follows: strongly with Annual Recurring Revenue (ARR) now $102m, up 44%. created a mass production platform to deliver our enterprise • Profit Before Tax of $76.4m, up 208% • Profit Before Tax of $76.4m, up 50% on comparable basis4 This growth was all organic growth and included no acquisitions.
Load more

Recommended publications
  • ASX Announcement (All Currency Figures Are in Australian Dollars Unless Otherwise Stated)
    Afterpay Limited ASX: APT ​ ASX Announcement (all currency figures are in Australian dollars unless otherwise stated) 7 July 2020 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES TRADING UPDATE, CAPITAL RAISING AND CO-FOUNDER SELL-DOWN1 Afterpay Limited (Afterpay or the Company) is pleased to provide a trading update for the ​ ​ three month period ended 30 June 2020 (Q4 FY20) and the financial year ended 30 June 2020 (FY20). Afterpay also announces a capital raising of approximately $800m that includes a fully underwritten institutional Placement to raise $650m, followed by a non-underwritten Share Purchase Plan that aims to raise approximately $150m. KEY HIGHLIGHTS ● Strong performance across the business has delivered underlying sales of $11.1b in FY20, more than doubling the prior corresponding period (pcp) (up 112%). ● Underlying sales in Q4 FY20 was $3.8b, 127% above Q4 FY19. ● Q4 FY20 sales performance represented the highest quarterly performance ever, reflecting the accelerating shift to e-commerce spending since the impacts of COVID-19 emerged globally. ● Merchant revenue margins for FY20 are expected to be in line with or better than H1 FY20 and FY19. ● Net Transaction Loss (NTL) for FY20 is expected to be up to 55 basis points. ANZ NTL has ​ remained at historically low levels and NTL within the US and UK regions has improved in 2H FY20 compared to 1H FY20 as a result of improving risk performance and historically high payment recovery rates. ● Net Transaction Margin (NTM) for FY20 is expected to be approximately 2%, underpinning a pathway to longer term profitability for the overall business.
    [Show full text]
  • 2013 Annual Report
    Transforming business, making life simple Technology One Limited Technology 2013 Annual Report Technology One Limited 2013 Annual Report cus & Fo t Po et men we rk it r a m of M m O o n C e n o i s i V e s i One One One r p r e t vision. vendor. experience. n E n n S io o i t t m lu C pl o o ici Ev m ty, of ple er xity Pow y t P i o x w e e l r p o , y f t m i E c o i v l C o p t l u m i o t S n i o n TechnologyOne is a leading supplier of powerful, integrated enterprise software solutions. We are also Australia’s largest publicly listed software company. Market focus Our core An enterprise vision and commitment Transforming business, beliefs The power of a single, Preconfi gured enterprise making life simple integrated enterprise solution software solutions reduce time, cost and risk Experience the power of a single, A deep understanding and integrated enterprise solution engagement with our seven key built on a single modern markets means we can deliver platform with a consistent to our customers integrated, look and feel. preconfi gured solutions that provide proven practice, streamline implementations and reduce time, cost and risk. 1 Technology One Limited 2013 Annual Report 2013 full year highlights $m Compound Growth 13% $m Compound Growth 20% 40 80 35 70 30 60 25 50 20 40 15 30 10 20 5 10 0 FY FY 0 04 05 06 07 08 09 10 11 12 13 04 05 06 07 08 09 10 11 12 13 0 FY 04 05 06 07 08 09 10 11 12 13 0 FY 04 05 06 07 08 09 10 11 12 13 5 Net Profi t Before Tax 10 Annual Licence Fees 10 up 16%, $35.1m 20 up 14%, $9.1m 15 30 Every day, more than 1,000 leading corporations, government departments and statutory authorities in Australia, New Zealand, Asia, the South Pacifi c and United Kingdom use our world class enterprise software solutions, which we develop, market, sell, implement, support and run.
    [Show full text]
  • Australian Investment Strategy
    2 November 2016 Asia Pacific/Australia Equity Research Investment Strategy Australian Investment Strategy Research Analysts STRATEGY Hasan Tevfik ,CFA 61 2 8205 4284 [email protected] Aussie darlings Peter Liu 61 2 8205 4071 ■ Aussies love their darlings: Australia currently has the most expensive [email protected] equity market "Darlings" in the world. Our darlings trade on a forward P/E Damien Boey of 38x. The other commodity-focused market, Canada, has the second 61 2 8205 4615 [email protected] most expensive darlings. Darlings in Australia have been more expensive only during the Nasdaq bubble when they touched 45x. ■ Darling derating: Buying Australian darlings at these valuations has been a poor strategy in the past. Also, the current high valuation for Australia's darlings suggest they are especially vulnerable to rising bond yields and the coming end of the Australian profits recession. A rising discount rate and a lower premium for growth suggest investors should focus on stocks that could be future darlings. ■ Hello Daaarling: Future market darlings have shared many similar characteristics over the last 20 years. They are generally well managed, have strong balance sheets and operate on high margins. Our "Hello Daaarling" strategy highlights potential future darlings and they currently trade on just 17x P/E and include Caltex, Eclipx, Mayne Pharma, Nufarm, Star Entertainment and South 32. We add Eclipx to our long Portfolio. Figure 1: Australia has the most expensive darlings in the world Median 12-month forward P/E of "market darlings" around the world* 40 35 30 25 20 15 10 Australia Canada Cont.
    [Show full text]
  • Takeovers + Schemes Review
    TAKEOVERS + SCHEMES REVIEW 2018 GTLAW.COM.AU 1 THE GILBERT + TOBIN 2018 TAKEOVERS AND SCHEMES REVIEW 2017 demonstrated a distinct uptick in activity for Australian public company mergers and acquisitions. Some key themes were: + The number of transactions announced increased by 37% over 2016 and aggregate transaction values were among the highest in recent years. + The energy & resources sector staged a recovery in M&A activity, perhaps signalling an end to the downwards trend observed over the last six years. The real estate sector made the greatest contribution to overall transaction value, followed closely by utilities/infrastructure. + Despite perceived foreign investment headwinds, foreign interest in Australian assets remained strong, with Asian, North American and French acquirers featuring prominently. Four of the five largest transactions in 2017 (including two valued at over $5 billion) involved a foreign bidder. + There was a material decline in success rates, except for high value deals greater than $500 million. Cash transactions continued to be more successful than transactions offering scrip. Average premiums paid fell slightly. + Regulators continue to closely scrutinise public M&A transactions, with the attendant lengthening of deal timetables. This Review examines 2017’s public company transactions valued over $50 million and provides our perspective on the trends for Australian M&A in 2017 and what that might mean for 2018. We trust you will find this Review to be an interesting read and a useful resource for 2018. 2
    [Show full text]
  • FTSE World Asia Pacific
    2 FTSE Russell Publications 19 August 2021 FTSE World Asia Pacific Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) a2 Milk 0.04 NEW Asustek Computer Inc 0.1 TAIWAN Cheil Worldwide 0.02 KOREA ZEALAND ASX 0.12 AUSTRALIA Cheng Shin Rubber Industry 0.03 TAIWAN AAC Technologies Holdings 0.05 HONG KONG Atlas Arteria 0.05 AUSTRALIA Chiba Bank 0.04 JAPAN ABC-Mart 0.02 JAPAN AU Optronics 0.08 TAIWAN Chicony Electronics 0.02 TAIWAN Accton Technology 0.07 TAIWAN Auckland International Airport 0.06 NEW China Airlines 0.02 TAIWAN Acer 0.03 TAIWAN ZEALAND China Development Financial Holdings 0.07 TAIWAN Acom 0.02 JAPAN Aurizon Holdings 0.05 AUSTRALIA China Life Insurance 0.02 TAIWAN Activia Properties 0.03 JAPAN Ausnet Services 0.03 AUSTRALIA China Motor 0.01 TAIWAN ADBRI 0.01 AUSTRALIA Australia & New Zealand Banking Group 0.64 AUSTRALIA China Steel 0.19 TAIWAN Advance Residence Investment 0.05 JAPAN Axiata Group Bhd 0.04 MALAYSIA China Travel International Investment <0.005 HONG KONG ADVANCED INFO SERVICE 0.06 THAILAND Azbil Corp. 0.06 JAPAN Hong Kong Advantech 0.05 TAIWAN B.Grimm Power 0.01 THAILAND Chow Tai Fook Jewellery Group 0.04 HONG KONG Advantest Corp 0.19 JAPAN Bandai Namco Holdings 0.14 JAPAN Chubu Elec Power 0.09 JAPAN Aeon 0.2 JAPAN Bangkok Bank (F) 0.02 THAILAND Chugai Seiyaku 0.27 JAPAN AEON Financial Service 0.01 JAPAN Bangkok Bank PCL (NVDR) 0.01 THAILAND Chugoku Bank 0.01 JAPAN Aeon Mall 0.02 JAPAN Bangkok Dusit Medical Services PCL 0.07 THAILAND Chugoku Electric Power 0.03 JAPAN Afterpay Touch Group 0.21 AUSTRALIA Bangkok Expressway and Metro 0.02 THAILAND Chunghwa Telecom 0.17 TAIWAN AGC 0.08 JAPAN Bangkok Life Assurance PCL 0.01 THAILAND CIMB Group Holdings 0.08 MALAYSIA AGL Energy 0.04 AUSTRALIA Bank of East Asia 0.03 HONG KONG CIMIC Group 0.01 AUSTRALIA AIA Group Ltd.
    [Show full text]
  • 2020 Annual Report About Nearmap
    2020 ANNUAL REPORT ABOUT NEARMAP Nearmap Ltd (ABN 37 083 702 907) and its subsidiaries (Nearmap or Company) is a leading provider of cloud-based geospatial information services and an innovative location intelligence company. Nearmap captures a rich data set of the real world, providing high value insights to a diverse range of more than 10,000 businesses and government organisations. Using its own patented camera systems and processing software, Nearmap conducts aerial surveys capturing wide-scale urban areas in Australia, New Zealand, the United States of America and Canada multiple times each year, making fresh content instantly available in the cloud via web app or API integration. Every day, Nearmap helps tens of thousands of users conduct virtual site visits for deep, data driven insights – enabling businesses and government organisations to make informed decisions, streamline operations and bolster bottom lines. Founded in Australia in 2007, Nearmap is one of the ten largest aerial survey companies in the world by annual data collection volume and is publicly listed on the Australian Securities Exchange (ASX). Nearmap employs nearly 300 people globally, held a total annual subscription portfolio of $106.4m as at 30 June 2020 and was named as one of Fast Company’s 10 Most Innovative Enterprise Companies in 2020. United States Canada Australia New Zealand 71% population 64% population 89% population 73% population coverage coverage coverage coverage CAPTURED: 15 SEPTEMBER 2019 GOLD COAST QLD AUSTRALIA 2 ABOUT NEARMAP ABOUT NEARMAP
    [Show full text]
  • Participating Organisations | June 2021 Aon Rewards Solutions Proprietary and Confidential
    Aon Rewards Solutions Proprietary and Confidential Participating organisations | June 2021 Aon Rewards Solutions Proprietary and Confidential Participating organisations 1. .au Domain Administration 44. Alexion Pharmaceuticals Limited Australasia Pty Ltd 2. [24]7.ai 45. Alfa Financial Software 3. 10X Genomics* Limited 4. 4 Pines Brewing Company 46. Alibaba Group Inc 5. 8X8 47. Alida* 6. A.F. Gason Pty Ltd* 48. Align Technology Inc. 7. A10 Networks 49. Alkane Resources Limited 8. Abacus DX 50. Allianz Australia Ltd 9. AbbVie Pty Ltd 51. Allscripts 10. Ability Options Ltd 52. Alteryx 11. Abiomed* 53. Altium Ltd 12. AC3 54. Amazon.com 55. AMEC Foster Wheeler 13. ACCELA* Australia Pty Ltd 14. Accenture Australia Ltd 56. Amgen Australia Pty Ltd 15. AccorHotels 57. AMP Services Limited 16. Acer Computer Australia Pty Ltd* 58. AMSC 17. Achieve Australia Limited* 59. Analog Devices 18. Achmea Australia 60. Anaplan 19. ACI Worldwide 61. Ancestry.com 62. Anglo American Metallurgical 20. Acquia Coal Pty Ltd 21. Actian Corporation 63. AngloGold Ashanti Australia 22. Activision Blizzard Limited* 23. Adaman Resources 64. ANZ Banking Group Ltd 24. Adcolony 65. Aon Corporation Australia 25. A-dec Australia 66. APA Group 26. ADG Engineers* 67. Apollo Endosurgery Inc. 27. Adherium Limited 68. APPEN LTD 28. Administrative Services 69. Appian* 29. Adobe Systems Inc 70. Apple and Pear Australia Ltd* 30. ADP 71. Apple Pty Ltd 31. Adtran 72. Apptio 32. Advanced Micro Devices 73. APRA AMCOS 33. Advanced Sterlization 74. Aptean Products* 75. Aptos* 34. AECOM* 76. Apttus 35. AEMO 77. Aquila Resources 36. Aeris Resources Limited 78. Arcadis 37.
    [Show full text]
  • National Asset Management Strategy Update NAMS Council
    NAMS Council National Asset Management Strategy Update May 2019 Several NAMS Council items were reported at the meeting held on the 3rd May 2019. Of interest to readers and members are: 1 Projects Report 1.1 The National AM Congress The National AM Congress took place in August 2018. It was attended by 100 delegates and included presentations by many eminent speakers addressing a range of asset management issues. Outcomes from the Congress has allowed the IPWEA Board to endorse a “Public Infrastructure Action Plan” with the following key headings: 1. Increase competency in strategic infrastructure planning 2. Maintain funding at adequate levels for local government to deliver sustainable asset management plans 3. Promote effective knowledge sharing 4. Embrace emerging digital technology 5. Drive organisational cultural improvement 6. Build right place, right time projects 7. Provide investment and planning certainty 8. Integrate and coordinate national infrastructure planning It is anticipated that the broader NAMS and advocacy initiatives should be consistent with the relevant elements of the Action Plan. 1.2 Asset Management Basics Asset Management Basics (AMB) – Applying Infrastructure Asset Management Principles has been completed and is now available in hard copy or as part of the new E-Library. AMB is designed as a companion document to the IIMM and has been written to assist people and organizations that are new to asset management and need a grasp of the basic requirements of asset management planning. It is designed to be a resource that can be used by a variety of staff and elected members starting the journey of understanding the requirements of base and core level asset management planning.
    [Show full text]
  • Single Sector Funds Portfolio Holdings
    ! Mercer Funds Single Sector Funds Portfolio Holdings December 2020 welcome to brighter Mercer Australian Shares Fund Asset Name 4D MEDICAL LTD ECLIPX GROUP LIMITED OOH MEDIA LIMITED A2 MILK COMPANY ELDERS LTD OPTHEA LIMITED ABACUS PROPERTY GROUP ELECTRO OPTIC SYSTEMS HOLDINGS LTD ORICA LTD ACCENT GROUP LTD ELMO SOFTWARE LIMITED ORIGIN ENERGY LTD ADBRI LTD EMECO HOLDINGS LTD OROCOBRE LTD ADORE BEAUTY GROUP LTD EML PAYMENTS LTD ORORA LTD AFTERPAY LTD ESTIA HEALTH LIMITED OZ MINERALS LTD AGL ENERGY LTD EVENT HOSPITALITY AND ENTERTAINMENT PACT GROUP HOLDINGS LTD ALKANE RESOURCES LTD EVOLUTION MINING LTD PARADIGM BIOPHARMACEUTICALS LTD ALS LIMITED FISHER & PAYKEL HEALTHCARE CORP LTD PENDAL GROUP LTD ALTIUM LTD FLETCHER BUILDING LTD PERENTI GLOBAL LTD ALUMINA LTD FLIGHT CENTRE TRAVEL GROUP LTD PERPETUAL LTD AMA GROUP LTD FORTESCUE METALS GROUP LTD PERSEUS MINING LTD AMCOR PLC FREEDOM FOODS GROUP LIMITED PHOSLOCK ENVIRONMENTAL TECHNOLOGIES AMP LTD G8 EDUCATION LTD PILBARA MINERALS LTD AMPOL LTD GALAXY RESOURCES LTD PINNACLE INVESTMENT MANAGEMENT GRP LTD ANSELL LTD GDI PROPERTY GROUP PLATINUM INVESTMENT MANAGEMENT LTD APA GROUP GENWORTH MORTGAGE INSRNC AUSTRALIA LTD POINTSBET HOLDINGS LTD APPEN LIMITED GOLD ROAD RESOURCES LTD POLYNOVO LIMITED ARB CORPORATION GOODMAN GROUP PTY LTD PREMIER INVESTMENTS LTD ARDENT LEISURE GROUP GPT GROUP PRO MEDICUS LTD ARENA REIT GRAINCORP LTD QANTAS AIRWAYS LTD ARISTOCRAT LEISURE LTD GROWTHPOINT PROPERTIES AUSTRALIA LTD QBE INSURANCE GROUP LTD ASALEO CARE LIMITED GUD HOLDINGS LTD QUBE HOLDINGS LIMITED ASX LTD
    [Show full text]
  • Deal Flow Participation
    Deal Flow Participation 3 September 2021 Security Code Issuer Offer Name Role Listing Date Country WIA070.NZ Wellington International Airport Wellington International Airport Fixed Rate Bond Distribution Aug-20 NZ FCL.AX FINEOS FINEOS (FCL) Institutional Placement Distribution Aug-20 AU SYD.AX Sydney Airport Sydney Airport (SYD) Shortfall Bookbuild Distribution Aug-20 AU TAH.AX Tabcorp Tabcorp (TAH) Shortfall Bookbuild Distribution Aug-20 AU IPL020.NZ Investore Property Investore Property Fixed Rate Bond Distribution Sep-20 NZ ORE.AX Orocobre Orocobre (ORE) Institutional Placement Distribution Sep-20 AU MCY030.NZ Mercury Energy Mercury Energy Green Bond Distribution Sep-20 NZ SUM030.NZ Summerset Summerset Fixed Rate Bonds Distribution Sep-20 NZ ABY.AX Adore Beauty Adore Beauty IPO Co-Manager Oct-20 AU VHP.NZ Vital Healthcare Vital Healthcare Placement Distribution Oct-20 NZ OCA010.NZ Oceania Oceania Bond Offer Distribution Oct-20 NZ ARG030.NZ Argosy Argosy Green Bond Distribution Oct-20 NZ CGFPC.AX Challenger Capital Challenger Capital Notes 3 IPO Distribution Oct-20 AU HPG.AX Hipages Group Holdings Hipages IPO Distribution Nov-20 NZ BOQPF.AX Bank of Queensland Limited Bank of Queensland Capital Notes 2 IPO Co-Manager Nov-20 AU BENPH.AX Bendigo and Adelaide Bank Ltd Bendigo and Adelaide Bank Capital Notes IPO Co-Manager Nov-20 AU SML.NZ Synlait Milk Limited Synlait Milk Placement Distribution Nov-20 NZ IAG.NZ Insurance Australia Group Limited IAG Placement Distribution Nov-20 NZ WBCPJ.AX Westpac Banking Corporation Westpac Capital Notes
    [Show full text]
  • Vanguard Total World Stock Index Fund Annual Report October 31, 2020
    Annual Report | October 31, 2020 Vanguard Total World Stock Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
    [Show full text]
  • Quarterly Enterprise Software Market Review 1Q 2019
    Quarterly Enterprise Software Market Review 1Q 2019 Boston San Francisco 200 Clarendon Street, Floor 45 601 Montgomery Street, Suite 2010 Boston, MA 02116 San Francisco, CA 94111 Peter M. Falvey Michael H.M. Shea Christopher J. Pingpank Michael S. Barker Managing Director Managing Director Managing Director Managing Director 617.896.2251 617.896.2255 617.896.2218 415.762.8101 [email protected] [email protected] [email protected] [email protected] Jeffrey G. Cook Brad E. McCarthy Misha Cvetkovic Principal Principal Vice President 617.896.2252 617.896.2245 415.762.8104 [email protected] [email protected] [email protected] www.shea-co.com Member FINRA & SIPC Copyright ©2019 Shea & Company Overview People ▪ Industry Expertise ▪ Process Excellence 1 2 24 15+ >70 Firm focused exclusively Offices in Boston and San Professionals focused on Years of experience Transactions completed on enterprise software Francisco the software industry amongst our senior representing billions of bankers dollars in value Mergers & Acquisitions Private Placements & Capital Raising Corporate Strategy ■ Sell-side and buy-side M&A advisory ■ Late-stage venture, growth equity and buyouts ■ Corporate development advisory ■ Divestitures ■ Recapitalizations ■ Balance sheet and capital structure review ■ Restructuring ■ IPO advisory ■ Fairness opinions has received an investment from has received an investment from Superior Outcomes has been acquired by has acquired Shea & Company has advised on important transactions representing billions of dollars in
    [Show full text]