Deutsche Bank Media, Internet & Telecom Conference March 10, 2014
RigNet Investment Highlights Founded in 2001, RigNet (NASDAQ: RNET) is a leading provider of remote communications, systems integration and collaborative applications to the oil and gas industry, both offshore and onshore, around the…
RigNet Provides Mission Critical Remote Communications to the Oil and Gas industry Provide mission critical remote communications services to the oil and gas industry Offers Best-in-class solutions for all remote communications…
Best-in-Class Remote Access Technologies Across the Globe Relationships with all major satellite owners including GX VSAT partnership with Inmarsat allowing RigNet to provide the most reliable connectivity worldwide Largest…
Combined with a Fully Managed Connectivity Solution for the Oil and Gas Market Complete managed services solution for Global Connectivity Managed Solution with 24x7 Support SOLUTIONS A rich portfolio of innovative products and…
RigNet Telecommunications System Integration (TSI) Telecommunications system integration business focused on the Global Oil and Gas sector Provides fully managed systems integration projects including engineering and design,…
Large and Attractive Core Life of the Field Energy Market: Life of the Field Energy Market Offshore rigs(a) U.S. Onshore(b) Production Energy Maritime Intl land(b) Jackups, Rigs, Remote Supply, Seismic, Rigs, Remote Fixed and…
Blue-chip Customer Base Oil & Gas Asset owners Oil & Gas Operators Service Companies BruneiShell Diverse customer base with no excessive concentration 9
Bandwidth Needs Growing at the Edge Total Oil & Gas VSAT Market Key drivers 2012 2017 Video-related services Bandwidth: Gbps Integrated operations Overseeing and directing offshore activities from 7.0 onshore decision centers…
Ultra-Deep Water (UDW) Markets Expanding, Driving the Need for Reliable Remote Communications Current UDW Activity1 Future UDW Rig Supply2 8 224 228 229 215 1 205 189 1 167 86 87 73 82 47 63 45 2 25 1 4 32 8 142 142…
Unconventional shale plays are driving land drilling in the U.S. Eagle Ford Shale oil production jumped from 183,261 barrels a day in October 2011 to 323,098 bbl/d in October 2012 Bakken oil production went from 488,066 bbl/d in…
Growth Driven by Market Share Gains Global Market Share by Revenue Industry Ranking vs. Key Success Criteria 05-13 100% 100% 100% 100% 100% Global Footprint Strong 27% 26% 21% 19% 31% Value-Added Strong 43% 43% Solutions 44% 51%…
RigNet Strategic Transaction with Inmarsat Energy Acquisition of Energy Broadband Business On February 3, RigNet paid 25MM U.S. in an all cash acquisition financed through a new credit facility and cash on hand Goal is to raise the…
History of Strong Growth Revenue1 EBITDA and UFCF1,2 in millions in millions 324 75 56 221 44 162 37 33 30 29 30 109 26 90 93 22 22 81 19 67 18 16 14 10 2007 2008 2009 2010 2011 2012 2013 2014E 2007 2008 2009…
Record Q413 performance Revenue increased to 59.7 million in Q413 up 21.2% compared to the same quarter last year Achieved record quarterly adjusted EBITDA of 15.2 million UFCF1 of 7.1 million in Q413 Capital expenditures of 8.1MM…
Outstanding share price performance 50.00 1.0 48.00 3/3/2014: Up 12/14/2010: IPO 314% since IPO 46.00 priced at 12 per 0.9 44.00 share 8/20/2013: KKR announced 42.00 agreement to acquire 27% of 0.8 40.00 RigNet from Cubera 38.00…
RigNet Investment Highlights Founded in 2001, RigNet (NASDAQ: RNET) is a leading provider of remote communications, systems integration and collaborative applications to the oil and gas industry, both offshore and onshore, around the…
THANK YOU 19
APPENDIX 20
Reconciliation of Net Income to Adj. EBITDA ( in thousands) 2007 2008 2009 2010 2011 2012 1Q13 2Q13 3Q13 4Q13 2013 Net income (loss) (2,121) 10,356 (19,620) (15,276) 9,752 12,021 3,775 4,915 2,407 5,447 16,544 Interest expense 5,497…
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