Capital Raising Overview
Cash Flow
Cash flow results ($'m)
EBITDA pre sig items
H22
H21*
Change
100%
OCFBIT/EBITDA (%)
78%
66%
(2.0)
9.7
(11.7)
Significant items
(23.9)
(2.9)
(21.0)
EBITDA
(25.9)
6.8
(32.7)
0%
Non-cash & working capital**
17.2
(1.5)
18.7
-34%
Operating Cash flow before interest and tax
(8.7)
5.3
(14.0)
("OCFBIT")*
-100%
H20
H21
H22
EBITDA/OCFBIT Conversion %
(34%)
78%
(113%)
Previously provided costs
(1.9)
(0.2)
(1.7)
ATO repayment
(0.6)
(7.8)
7.2
Operating Cash flow before interest and tax ($'m)
Interest & Tax
(1.0)
(0.9)
(0.1)
Cash flow from Operations
(12.2)
(3.6)
(8.6)
8.4
8.0
5.3
Catalyst ONE acquisition
CAPEX
Free Cash flow
0.3
(0.3)
(0.6)
(2.2)
1.6
(12.8)
(5.5)
(7.3)
(2.0)
Dividends paid
(1.7)
(4.2)
2.5
Proceeds from borrowings
8.3
8.3
(12.0)
Loan and Lease liability payments
(3.2)
(3.2)
0.0
H20
H21
(8.7)
H22
Movement in cash
(9.4)
(12.9)
3.5
Opening Cash
12.8
37.7
Closing Cash
3.4
24.8
(21.4)
30.0
Net (Debt) Cash ($'m)
21.5
Net Cash Reconciliation
H22
H21*
Change
15.2
15.0
Cash & Cash Equivalents
3.4
24.8
(21.4)
Borrowings
(8.5)
(3.3)
(5.2)
Net (Debt) Cash
(5.1)
21.5
(26.6)
*Amounts have been restated for the impact of the change in accounting interpretation around the capitalisation
of software costs associated with Software-as-a-Service ('SaaS').
(15.0)
H20
H21
(5.1)
H22
**Non-cash items primarily made up of Class Action Settlement and changes in customer payment contracts.
16
Subject to roundingView entire presentation