TZ Limited Placement – Wholesale Opportunity
Offer Details
Offer Price
TBA
*Offer is at the same price as the institutional placement
This Offer Is Now Closed
Offer Details
Last traded price*
$0.175
Offer Price
$0.125
Reach Wholesale 708 investors have the opportunity to participate in the placement. *The placement offer price represents a discount of 28.6% per share to the Company’s last traded price of $0.175 on 4th November 2021.
TZ’s technology, especially its software, has always had immense potential as a scalable, profitable platform for a digital age. It’s what attracted me to the business when I first served on the board in 2018-19 and what drew me back more recently. With new internal systems in place, and a renewed strength in the balance sheet, I intend to grow TZ into the potential it has always had and grow this business to $100 million and beyond in the next few years. The world as we know it has changed, and TZ has changed with it and for it – to help businesses around the world offer clients and staff unrivalled experiences in physical space, digitally.
Mario Vecchio – CEO
Speak to an Adviser
By submitting this form, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement. Reach Corporate provides Corporate Advisery Services, including managing this offer and investor communications on behalf of TZ Limited. Reach will receive fees for its services and based on the uptake of this offer.
Company Overview
TZ Limited (ASX: TZL) is an Australian IoT business that is a global player solving real-world problems, by engineering software solutions centred around access and control of physical spaces. It has an A-list client base that includes companies such as Apple, Microsoft, Google and Westpac. The company has transitioned from a physical access control solution to a SaaS platform that allows companies to manage access control and manage physical spaces through the one platform. This has seen their pipeline grow from $21m to over $90m over the last 6 months winning new contracts with Netflix, Starbucks, CSL and Adidas.
Investment Highlights
- The placement offer price of $0.125 per share representing a discount of 28.6% to the last traded price on 4 November 2021
- Business model is evolving from the perpetual license model (where TZ Software is sold on a one-time basis for a once-off, upfront license fee) to Multi-Term Software Service Agreements, which has 80% margin and underpins double-digit growth in baseline annuity revenue
- Target 85% of revenue to be derived from electronics and software licensing and annuity-based hosting and integration services within 18-24 months.
- TZ’s potential pipeline has grown from $21 million to almost $90 million over the past six months.
- Global expansion underway, with operations spanning the US, UK, Europe, Africa, Asia and Australia
- Recent sales contracts with some of the world’s most well-known companies, including Netflix, Apple, CSL, Chevron and Starbucks, as well as Princeton University
Company Presentation
Watch the 44 minute video to gain valuable insights into the company’s demonstrated success, how they are targeting significant recurring revenue growth and how it’s software is leading the IoT market. The video features:
- A company overview by TZL’s CEO Mario Vecchio
- An investment overview by Reach Markets’ MD Patrick Nelson
- Q&A session with Mario and Patrick
Investor Presentation
Speak to an Adviser
By submitting this form, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement. Reach Corporate provides Corporate Advisery Services, including managing this offer and investor communications on behalf of TZ Limited. Reach will receive fees for its services and based on the uptake of this offer.
- A gross income of $250,000 or more per annum in each of the previous two financial years; or
- Net assets of at least $2.5 million; and
- A verified Qualified Accountant’s certificate given no more than two (2) years ago confirming the Sophisticated Investor status. Please refer to the Corporations Act: Specifically Section 708(08) and Section s761G(7