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Investor Fact SheetAugust 2017
Headquartered in Canada, ISC is the leading provider of registry and information management services for public data and records. Throughout our history we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry and Services segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISV.
Operating SegmentsWe operate two reportable segments, defined by their primary type of service offerings, namely Registries and Services.
GOVERNMENT
SERVICES
AUTO
CERTIFIED / LAW
PROPERTY
INFORMATION SECURITY
DIGITAL INFORMATION
INFORMATION / ARCHIVES
BANKS / LOAN INSTITUTES
LAWYER / LAW FIRM
INSURANCE (HOME)
INSURANCE (AUTO)
HOME BUILDER
REGISTRATION
CORPORATE SERVICES
PROCESS / OPERATIONS
FINANCIALS
CUSTOMER(S)
FOCUS / GOALS / TARGETS
INFORMATION / DATA
INFORMATION FEES
INFORMATION QUESTIONS
CALENDAR
CONTACT
CONTACT
$
?
20
ENGINEERS
SURVEYORS
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GOVERNMENT
SERVICES
AUTO
CERTIFIED / LAW
PROPERTY
INFORMATION SECURITY
DIGITAL INFORMATION
INFORMATION / ARCHIVES
BANKS / LOAN INSTITUTES
LAWYER / LAW FIRM
INSURANCE (HOME)
INSURANCE (AUTO)
HOME BUILDER
REGISTRATION
CORPORATE SERVICES
PROCESS / OPERATIONS
FINANCIALS
CUSTOMER(S)
FOCUS / GOALS / TARGETS
INFORMATION / DATA
INFORMATION FEES
INFORMATION QUESTIONS
CALENDAR
CONTACT
CONTACT
$
?
20
ENGINEERS
SURVEYORS
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company.isc.ca TSX:ISV
Revenue - by Line of Business
$24.6 MTotal Revenue
35.8% EBITDA Margin
$0.27EPS (basic share)
57%
1%
11%
11%
15%
3%
Land Titles Registry
Geomatics
Land Surveys Directory
Personal Property Registry
Corporate Registry
Services
Other
2%
58%
2%
11%
10%
15%1%
Land Titles Registry
Geomatics
Land Surveys Directory
Personal Property Registry
Corporate Registry
Services
Other
3%
Land Titles Registry
Geomatics
Land Surveys Directory
Personal Property Registry
Corporate Registry
Services
Other*
2017 Second QuarterFinancial Highlights(thousands of CAD dollars; except earnings per share and where noted)
1 EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin and free cash flow are not recognized as a measure under IFRS and do not have a standardized meaning prescribed by IFRS. See section name “Non-IFRS Measures” in Management’s Discussion & Analysis for the three and six months ended June 30, 2017.
2 The calculation of earnings per share is based on net income after tax and the weighted average number of shares outstanding during the period.
*The balance of our corporate activities and shared services functions, including the services and functions provided by our subsidiary ERS, are reported as Corporate/Other
(thousands of CAD dollars; except earnings per share and where noted)
Three Months Ended June 30, 2017
Three Months Ended June 30, 2016
Six Months Ended June 30, 2017
Six Months Ended June 30, 2016
Revenue $ 24,646 $ 24,674 $ 46,142 $ 44,280
Net income $ 4,733 $ 6,578 $ 7,159 $ 8,774
EBITDA1 $ 8,824 $ 10,282 $ 14,592 $ 15,359
Adjusted EBITDA1 $ 9,553 $ 11,134 $ 15,775 $ 16,605
EBITDA margin1 (% of revenue) 35.8% 41.7% 31.6% 34.7%
Adjusted EBITDA margin1 38.8% 45.1% 34.2% 37.5%
Free cash flow1 $ 7,747 $ 6,297 $ 13,349 $ 9,613
Dividend declared per share $ 0.20 $ 0.20 $ 0.40 $ 0.40
Earnings per share2 (basic) $ 0.27 $ 0.38 $ 0.41 $ 0.50
Earnings per share, (diluted)2 $ 0.27 $ 0.37 $ 0.40 $ 0.49
August 2017
$31.6M
Amount of cash on hand as at June 30, 2017
CapEx expected in 2017 - revised-
Total debt as at June 30, 2017
Amount of 2017 dividends paid to shareholders as at June 30, 2017
Registries Revenue ModelTransaction Service Revenue Type*
Searches Online or in person Flat fees
Customized (standard searches)
Registrations Online or in person Value-based fees (land registry)
Flat fees (other registries)
Maintenance and Online or in person Flat or negotiated fees
Related Services Customized
Services Revenue ModelTransaction Service Revenue Type*
Search and Online or in person Flat fees
Registration
Know-Your- In person Flat fees
Customer
Corporate Supplies Online or in person Per unit fees
& Accessories Customized
*For a full list of our fees, go to www.isc.ca *For a full list of our fees, go to www.eservicescorp.ca
GOVERNMENT
SERVICES
AUTO
CERTIFIED / LAW
PROPERTY
INFORMATION SECURITY
DIGITAL INFORMATION
INFORMATION / ARCHIVES
BANKS / LOAN INSTITUTES
LAWYER / LAW FIRM
INSURANCE (HOME)
INSURANCE (AUTO)
HOME BUILDER
REGISTRATION
CORPORATE SERVICES
PROCESS / OPERATIONS
FINANCIALS
CUSTOMER(S)
FOCUS / GOALS / TARGETS
INFORMATION / DATA
INFORMATION FEES
INFORMATION QUESTIONS
CALENDAR
CONTACT
CONTACT
$
?
20
ENGINEERS
SURVEYORS
Icon Library
GOVERNMENT
SERVICES
AUTO
CERTIFIED / LAW
PROPERTY
INFORMATION SECURITY
DIGITAL INFORMATION
INFORMATION / ARCHIVES
BANKS / LOAN INSTITUTES
LAWYER / LAW FIRM
INSURANCE (HOME)
INSURANCE (AUTO)
HOME BUILDER
REGISTRATION
CORPORATE SERVICES
PROCESS / OPERATIONS
FINANCIALS
CUSTOMER(S)
FOCUS / GOALS / TARGETS
INFORMATION / DATA
INFORMATION FEES
INFORMATION QUESTIONS
CALENDAR
CONTACT
CONTACT
$
?
20
ENGINEERS
SURVEYORS
Icon Library
ISC Investor Fact Sheet 2
$7.0M $3.5-5M$32.3M
Financial Strength
RBC Steve Arthur, CFA
GOVERNMENT
SERVICES
AUTO
CERTIFIED / LAW
PROPERTY
INFORMATION SECURITY
DIGITAL INFORMATION
INFORMATION / ARCHIVES
BANKS / LOAN INSTITUTES
LAWYER / LAW FIRM
INSURANCE (HOME)
INSURANCE (AUTO)
HOME BUILDER
REGISTRATION
CORPORATE SERVICES
PROCESS / OPERATIONS
FINANCIALS
CUSTOMER(S)
FOCUS / GOALS / TARGETS
INFORMATION / DATA
INFORMATION FEES
INFORMATION QUESTIONS
CALENDAR
CONTACT
CONTACT
$
?
20
ENGINEERS
SURVEYORS
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Analyst Coverage
GMP Securities Justin Keywood, CFA
CIBC Stephanie Price, CFA
TSX:ISVAs at August 3, 2017
[email protected] (toll free)1-306-798-1137
Transfer AgentCST Trust Company (CST)1-800-387-0825 or1-416-682-3860canstockta.com
52 Week High / Low
$21.30 / $16.55
Shares Issued and Outstanding(Class A Limited Voting Shares)
17.5 MAnnual Dividend (per share)(Paid Quarterly)
$0.80
company.isc.ca TSX:ISV
Market Cap
$322.9 M