The Insider: Meet the CEOs – 25 May

TZ Limited is an innovator and category leader providing smart locking solutions tailor-made for the post-pandemic, contactless world. The company solves real-world problems, by engineering software solutions centred around access and control of physical spaces. TZ has demonstrated success with an expanding US pipeline and an A-list client base, including companies such as Apple, Microsoft, Google, Amazon and Westpac. TZ’s shift to multi-term software service agreements with third-party access has unlocked significant recurring revenue potential, currently generating ~$235,000 on a monthly basis.

Tesserent is one of Australia’s largest ASX-listed cyber security providers and is also ranked 2nd in the 2021 AFR Fast 100. The company features in the Australian Government’s ‘Essential Eight’ mitigation strategies recommended to protect organisations against all cyber threats. As at 31st March 2022, Tesserent recorded YTD revenue of $104.4 million with 45% as annual recurring revenue, in addition to YTD EBITDA of $8.5 million (+148% vs the previous corresponding period). As the largest Australian provider of cybersecurity services in the Canberra/Federal Government space, the company is poised to capitalise on part of a $5 billion FY22-23 budget allocation to advance Australia’s cyber and intelligence capabilities.

Superloop is an independent provider of scalable and reliable fibre infrastructure and connectivity services for consumers, businesses and wholesalers. The company invests in physical infrastructure assets including fibre, subsea cables and fixed wireless and has a range of relevant software platforms. Superloop recently secured $125 million in cash through the sale of its assets and intends deploying the capital to grow the business organically and through merger/acquisition opportunities. As at April 2022, the company embarked on a three-year turnaround plan aimed at simplifying the business to focus on core markets of scale.