Just for some admin upfront, if you'd like to ask a question, through the webinar, please just type that question into the Q&A facility at the bottom of the screen, and I'll read that out to Charif and Bill at the end of the presentation. With that, Charif, I will hand across to you. Thank you, Craig. Thank you, Bill, and thank you, everybody who's attending and taking time to listen to the update. Obviously, you all are very aware of the announcement yesterday. Not only was there a trading announcement, there was also a scheme announcement, as well. We're going to cover the results first, and of course, we're going to cover the scheme, and we can also be answering any of your questions after the presentation. And now, from a trading update standpoint, we delivered another record quarter. We added a massive number of new users of 165,000, culminating in us now getting closer and closer to the 2 million paid user mark. We're still not there, but getting closer and closer. We continue to add partners. We're like a hair away from $50 million of annualized recurring revenue, and we continue to reinvest and grow the business. With that, I'm going to let Bill go through the numbers, and we can add some extra color at the end, and then we're going to open it up to Q&A. Thanks, Charif, and thanks for our attendees coming on board today. In this overview, we'll have a short review of the numbers that came across in the fourth quarter. Our December quarter metrics achieved were quite pleasing across the board. We had record incremental ARR that was driven by the paid seat growth. As Charif touched on, we had 165,000 paid seats that led to constant currency ARR growth of 9% across the quarter and 37% on PCP, with actual AUD growth higher, which was positively impacted by the FX fluctuations within the quarter. In U.S. dollar terms, we added 2.7 million of incremental ARR, and that's up from the prior quarter of 2.3 million. And we continue to reference U.S. dollar terms as a majority of our revenue is derived in USD, but also removes the quarterly fluctuations, especially that we saw in Q4. Our gross margins remained in line with expectations, with a slight increase off the back of those FX fluctuations. We continued increasing capacity as we added new users and data, and we continue to optimize our storage configurations. The growth in seats was attributed to a combination of additions from existing partners, new partners, partner serve, and our Bring Your Own Storage seats, with the product mix combination continuing to contribute to some lower RPU against prior quarter and PCP. Our Bring Your Own Storage product is a new flavor on existing products where our partners use their own storage rather than the Dropsuite storage functionality, and they only pay for the compute costs, which also lowers costs for Dropsuite, allowing our gross margins for this product to remain in line with our overall margins. And as we've noted previously, our North Star metric is to continue to add profitable ARR with healthy gross margins. Our churn for the quarter was quite stable, sub 3%, as it has been for prior quarters. We continue building our relationships with direct and indirect partners, who are purchasing through our distributor channels. Our normalized operating cash flow generating Q4 was AUD 320,000. Now, this has been normalized for the timing of early receipts from customers in the last days of December, and this is consistent with our prior approach to providing full transparency on our numbers. Our actual operating cash flow generated was AUD 2.3 million for the quarter. We had our cloud hosting payments that were in line with our paid user growth. We had staff costs that increased in line with new starters and marketing and admin all aligned within our expectations as well. With that, I'll hand back to Charif to provide more detail on the NinjaOne deal. Thank you. Bill, if you go ahead, if you can go to the next slide, please. As you can see, we have announced a Scheme Implementation deed with NinjaOne. NinjaOne is a phenomenal company that is really focused on solving all sorts of IT challenges for both the internal IT department of enterprises as well as for the MSPs, and as you all know, we are very, very deep into the MSP channel. We have been in conversation with them for some time, then the board, in full collaboration and in conjunction with talking with Dropsuite's largest shareholder Topline, agreed to go through a due diligence process, which happened throughout the holidays, and then this culminated into what you're seeing in front of you today. Both, of course, the Board was unanimous in this, as well as with strong support of Topline, who owns more than 30% of Dropsuite. The deal is all cash, which was very attractive. The share price per share was AUD 0.59, which is at a significant premium to where we have been trading. And if, again, if you take a five-year view, you're talking about almost a 20x improvement in the valuation of the company. This is a SID or a Scheme Implementation Deed, so it takes some time for this deal to close. The tentative timeline will be in end of May. And of course, in the meantime, we'll be, you know, our lawyers and our bankers will be doing everything they can to speed up the process with the regulator. Also, and obviously, as part of the Board's fiduciary responsibilities, we are allowed to entertain superior offers, if they eventuate in the coming few weeks before the second court hearing. I rather than going through more details, I would much rather that I open it up for Q&A that Bill and myself can try to answer as many of your questions as possible. Thank you. Thanks, Charif. Thanks, Bill. Just a reminder, if you'd like to ask a question, please type it into the Q&A facility at the bottom of the screen, and I will read it out to the team. First one in, Charif, and a lot of these are of similar vein. Well done on the quarterly results, and congratulations on the takeover. Were there any other interested parties that you're in conversations with through the process apart from NinjaOne? Yeah, you know, one thing I realized is that once a company hits around $25 million of ARR, you start fielding interest from various parties. So yes, there were various parties who were interested, but NinjaOne was the one that moved the fastest and came with a black and white indication of interest and with due diligence that ensued, until we get to the Scheme Implementation Deed that we've been discussing today. Thank you. Next one was NinjaOne's engagement initially inbound, or was it an outbound conversation from DSE? Essentially, how did the conversation start? That's a really good question. It was absolutely inbound. I believe great companies are sold, or, you know, they're not bought, right, so this is, this was all inbound. We were definitely not trying to sell the company at this stage. Excellent. Can other companies do due diligence if there is a superior offer? I believe that's not the case, according to the terms and conditions of the SID. Thank you. Next one is around you, Charif. What will be your role going forward? Are you staying involved with NinjaOne, or is that too early to determine? Yeah, it's in general, it's to be determined at this stage. I mean, we remain a very independent company, with myself and the executive leadership team at the helm of the company. There's a very high likelihood that I will stay for some time, at least to make sure that the integration and the team is in order. Thank you. Follow-up question on that one. Charif, why did you personally support the takeover? Can you please provide some detail? Yeah, I mean, it's always a balance between risk and reward with what you can, what value you can achieve today versus what you can achieve tomorrow. All in all, it felt that the time was right, the value and the valuation was right, and there was a very strong alignment with the full board as well as Topline, and that's how I made the decision myself as well. Thank you. Just a reminder, if you'd like to ask a question, please type it into the Q&A facility on your Zoom screen. Next one, Charif, is just a follow-up. Can you please clarify the comments that you made before? Is Dropsuite able to seek out other interested parties, or is this effectively a no-shop, not a go-and-shop condition? Yeah, so it's obviously in most cases, it's a no talk, no shop. But at the same time, superior offers and proposals can be received by parties who already know that this is now public information. Thank you. Next question on the formalities here. Why did you not run a sale process after receiving an initial offer? We believe running a sales process is a highly disruptive process that not only affects our employees, but also affects our stature and our standing in the channel and the partner ecosystem that we're operating in. We felt that the offer was in the realm of good to very good, and we decided to do it this way as opposed to, you know, creating an open bidding situation that can be highly disruptive across multiple areas. Thank you. One last call out for questions. So just Charif, we'll give it 10 seconds to see if anything more pops through. There's a range that have just come in here, Charif, sort of thanking you for the work that you've done, you and the team have done over the journey. So some very positive ones, but there are actually no more questions, Charif, that have come in, that you haven't answered, so far on the call today. So with that, I think a very short and sharp process. Sorry, one last one that has come in, which I think is well worth reading out here. Through the due diligence process on both sides, are you confident with the ability for NinjaOne to raise the required cash to purchase all of the shares in Dropsuite? That's a very important question. I'm glad that this was raised. Yeah, clearly the answer is yes. I didn't spend enough time talking about NinjaOne, but if you, and I think we have some of this information. NinjaOne is backed by some of the best and largest growth equity companies in the world, including Summit Partners and ICONIQ. And, for people who haven't heard of these two names, feel free to look them up. They're massive. I mean, ICONIQ, I think, has $80 billion under management and billions of dollars of dry powder. This SID, you will not have seen this SID here in front of you if our lawyers and our Board had very high level of comfort about the availability of the funds. Excellent. Charif, that is all, for the questions for today. So with that, I'll just turn across to you for any final remarks. I want to thank you. I thank everyone for your support. I mean, again, the journey is not over yet. We're going to be updating you again in April. I look forward to updating you with another set of strong results. And of course, we'll keep you updating on what's happening on this specific front that we've been discussing in the last few minutes, and we'll talk soon. Thank you.
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