Investor Presentation Document

Investor Presentation Document 
 
Wellington, New Zealand - 20 February 2020 
 
As part of the ongoing Rights Issue process, we’ve prepared an investor 
presentation for circulation to investors. This presentation is designed to give an 
overview of the Company, its recent performance, as well as some supplementary 
commentary on what the Company plans to do with the funds. 
 
The presentation is attached. 
 
ENDS 
 
 
 
ABOUT PAYSAUCE 
 
PaySauce is software at work for people, providing employment solutions to 
small and medium-sized businesses. PaySauce enables business owners to pay 
and manage employees accurately and efficiently using the web, iOS, and 
Android applications. The PaySauce platform includes mobile timesheets, payroll 
calculations, banking integration, PAYE filing, labour costing, automated general 
ledger entries and digital employment contracts. 
www.paysauce.com

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Disclaimer
This presentation has been prepared to provide an overview of PaySauce, its performance to date,
and future direction.

As this presentation may contain forward looking statements, it should not be considered
financial advice. If you are looking for financial advice, please speak to an authorised financial
adviser.

Although reasonable care has been taken in the preparation of this presentation, no information
has been independently verified by any person. No representation or warranty, express or implied,
is made nor is any responsibility accepted with respect to the completeness or accuracy of this
presentation. To the extent permitted, no person shall have any responsibility or liability arising in
respect of the information contained in this presentation or in any way for errors or omissions in it
(including by reason of negligence).

The presentation should not be reproduced or distributed without the express permission of
PaySauce.

Note from our co-founders
Asantha Wijeyeratne Troy Tarrant

Highlights

Highlights

2,434
(108%)
$2M
URBAN
RURAL

158,413
Employers in NZ
Source: Statistics New Zealand

Recurring Revenue

Payroll Customers & Employees

Key Metrics

1.3%
$59
$2,560

What Next?

First hand knowledge
CEO Asantha Wijeyeratne has already spent time over in Ireland as
part of a Callaghan Innovation trade delegation last year, and has been
able to see first hand the exciting opportunities that exist.

Common culture and environments
New Zealand and Ireland share a similar demography and size, and
have a long standing relationship with deep personal and cultural
links. Around 1 in 6 New Zealanders claims Irish descent.

Similar farm practices and industry bodies
New Zealand and Ireland are also very similar in terms of the on farm
practices used, and the industry bodies that serve the farming sector.
We have leveraged our partnerships with these bodies in New
Zealand, and see the ability to replicate this in Ireland.

Traditionally underserved, opportune market
Competition in the Irish market is objectively behind, with no cloud
based or mobile applications. Legal requirements around payslips give
rise to manual, paper-based processes which can be streamlined
through the use of our technology. Digitising a solution into this
market could open further opportunities to penetrate the UK and
European markets.
URBAN
RURAL

271,116
Employers in Ireland
Source: Central Statistics Office Ireland

Why Ireland?
PaySauce has a strategy of taking its products and services
to international markets and has identified Ireland as the
logical first such market to target.

Asantha Wijeyeratne
Co-Founders
Troy Tarrant
Supported by a rockstar team with collective payroll and software development experience of over 100 years.

Definitions of Key SaaS Terms & Metrics used
●Recurring Revenue: Recurring revenue is
revenue that is expected to continue into the
future. For PaySauce, this is revenue directly
linked to the number of payroll customers we
have.
●MRR: Monthly recurring revenue is the total
recurring revenue for a given month.
●ARR: Annualised recurring revenue is the
MRR, multiplied by 12.
●ARPU (monthly): Average revenue per user
(monthly) is total recurring revenue, divided
by the total customers processing payroll.
●Churn (monthly): Churn is expressed as a
percentage, and is calculated as the number of
cancellations each month divided by the total
number of customers at the end of the month.
●Customer LTV: Customer lifetime value is the
estimated value of a customer over its lifetime
with PaySauce. This is calculated by taking the
ARPU multiplied by the gross margin %, then
divided by the churn %.