investor presentation-annual-meeting-2014

1©2014 Textura Corporation

Image: Hudson Yards Redevelopment, New York, NY – a project managed using Textura Construction Collaboration Solutions

Patrick AllinChairman, CEO, Co-founder


Safe Harbor This presentation includes forward-looking statements, including statements regarding Textura's future financial performance,

market growth, demand for Textura's solutions, and general business conditions. Any forward looking statements contained in this presentation are based upon Textura's historical performance and its current expectations and projections about future events and financial trends affecting the financial condition of its business. These forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on information currently available to Textura, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, trends in the global and domestic economy and the commercial construction industry; our ability to effectively manage our growth; our ability to develop the market for our solutions; competition with our business; our dependence on a limited number of client relationships for a significant portion of our revenues; our dependence on a single software solution for a substantial portion of our revenues; the length of the selling cycle to secure new enterprise relationships for our CPM solution, which requires significant investment of resources; our ability to cross-sell our solutions; the continued growth of the market for on-demand software solutions; our ability to develop and bring to market new solutions in a timely manner; our success in expanding our international business and entering new industries; and the availability of suitable acquisitions or partners and our ability to achieve expected benefits from such acquisitions or partnerships, including our acquisition of PlanSwift in January 2013 and our anticipated acquisition of LATISTA in December 2013. Forward-looking statements speak only as of the date hereof and we assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Further information on potential factors that could affect actual results is included under the heading “Risk Factors” in our Annual Report on Form 10-K filed on November 26, 2013, and our other reports filed with the SEC.

This presentation should be read in conjunction with Textura’s Q1 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com.

In addition to U.S. GAAP financial information, this presentation includes certain non-GAAP financial measures. These historical and forward-looking non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP measures is included in Textura’s Q1 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com.

http://investors.texturacorp.com/

http://investors.texturacorp.com/


2013 Highlights

Revenue growth Organic growth – 48% Total Growth – 64% Commercial construction is improving Sales funnel is full and active Post IPO quarters

June – 40% organic, 65% total September – 45% organic, 72% total December – 50% organic, 77% total

Acquisitions in 2013 PlanSwift – February 1st LATISTA – December 2nd

Australian JV Launched January 1st

Solution available – May

New products BidOrganizer – September CPM Business - August


2013 Highlights

IPO June 7th

Priced at $15.00 18 times oversubscribed

All primary - 5.75 million shares Cash raised $77,703,000

Follow-on offering September 20th

Priced at $38.00 3 times oversubscribed

Secondary shares AON, First Midwest Bank, large shareholders

Primary shares 1,687,000 Cash raised $59,777,000


Investment Highlights

Global marketopportunity

Compelling client value proposition

CPM – no competition

High EBITDA margin potential

Exceptional revenue growth

Experienced team


Current Business Processes – Complex, Error Prone, Inefficient

Banks / Insurers

Title Company

Owner / Developer

Sub-contractorsEngineers

Architects

GeneralContractors

Suppliers


Textura Solutions – Addressing the Project Lifecycle

CPM

PlanSwift SubmittalExchange

GradeBeam

PQMSubmittalExchange

Construction Collaboration Solutions®

LATISTABidOrganizer


Riskmanagement

Costefficiencies

Processmanagement

Significant Benefits to our Clients

Faster payment


Client Case Study #1 – Strong ROI

• Denver-based General ContractorInternal Study Findings:

• “Textura CPM saves 260-330 hours a month”

• “Time savings for our risk administrator and the project managers”

• “Improves accuracy of paperwork”

• “Greatly improves subcontractor relations”

• “Creating capacity is essential to avoid having to hire additional staff”

General Contractor ROI:

• Estimated savings: $360,000 annually

• Estimated by the general contractor to cost them4 basis points of construction value: $74,000 annually

Estimated Total Network Revenue to Textura:

• ~$300,000 annually

• 75% of subs already CPM users• Textura CPM eliminates 15

out of 20 process steps


Over $28 billion of Total Addressable Market

Market Expansion

MonetizationHuge Total

Addressable Market

TargetGlobal

Markets>$4.8t

CurrentMarkets>$1.3t

CurrentSolutions~30 bps

TotalAddressable

Market>$28.0b

CurrentMarkets

andSolutions

>$4.4b

GlobalPlatform~50 bps

Key Strategies:• North America market

penetration• Global expansion to Asia

and Western Europe

Key Strategies:• Cross-sell solutions• Strategic acquisitions• Solution expansion• Solutions to platform• Pricing

Result:• Potential for long

term very high revenue growth rates

TargetGlobal

Opportunity~55-60 bpsCurrent

Opportunity~34 bps

Mobile+5–10 bps

Mobile+4 bps

~$3.9b

Mobile+$0.5b

~$24.0b

+$4.0b


Multiple Long-term Growth Opportunities

Marketpenetration

Cross-sellsolutions

Globalexpansion

Relatedmarkets

StrategicacquisitionsNew

products

Future

US, Canada, Australia

Western Europe,

Developed Asia

Mining

Oil and Gas

Data

Financing

Price

• Approx. 8% penetration

US,

Can

ada,

Aust

ralia

• 7 primary solutions

• Few multi-product clients

• Bundled sales/pricing

• Platform strategy

• Project lifecyclefrom design to operation

• Integrated solutionsuite

SubmittalExchange

GradeBeam

PlanSwift

CPM

PlanSwiftSubmittalExchange

GradeBeam

PQM

BidOrganizer

LATISTA


Image: ExxonMobil Corporate Campus, Houston, TX –a project managed using Textura Construction Collaboration Solutions


Financial Overview

Image: Denver International Airport South Terminal Redevelopment, Denver, CO– a project managed using Textura Construction Collaboration Solutions

Jillian SheehanEVP and CFO


Financial Highlights

Stronggrowth

Predictablehighly visible

growth

High operating leverage

Investingfor growth


Consistently High Growth Rates

FY10 FY11 FY12 FY13

$6.0

$10.5

$21.7

$35.5

90% 75% 106% 64%

Revenue CAGR: 73%

Year-over-year change

Dec 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13

$4.5 $5.2 $5.7 $6.3 $6.8

$8.5 $9.4

$10.9 $12.0

Revenue CAGR: 77%

110% 119% 109%92%

51% 65% 65% 72% 77%

Year-over-year change

76% 74% 70%60%

45% 46% 38% 45% 50% 90% 75% 69% 44%

Organic growth Organic growth


Fiscal 2014 Guidance• 61 - 65% year-over-year revenue growth

• $13.7 – $14.0 million

• Includes $0.4 – $0.6 million LATISTA contribution

• Adjusted EPS of ($0.20) – ($0.22)

• Excludes stock based comp of $1.9 million & amortization of acquired intangible assets of $1.3 million

• Assumes ~24.8 million shares

• Includes $(0.05) - $(0.06) impact from LATISTA

--------------------------------------------------------------------------------

Second Quarter FY 2014

FY 2014

• 62 - 70% year-over-year revenue growth

• $57.5 – $60.5 million

• Includes $1.5 – $2.0 million LATISTA contribution

• Adjusted EPS of ($0.55) – ($0.62)

• Excludes stock based comp of $7.0 million & amortization of acquired intangible assets of $4.8 million

• Assumes ~25.0 million shares

• Includes ($0.23) - $(0.24) impact from LATISTA


Image: World Trade Center Transportation Hub, New York, NY – a project managed using Textura Construction Collaboration Solutions

Questions . . . and Thank You

investor presentation-annual-meeting-2014

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