Smartbroker Holding Ag · XETR:SB1
Smartbroker — wallstreet:online — H1 2021 Earnings Presentation
16 slides from Smartbroker's earnings presentation, Sep 13, 2021
Slide 1: Earnings Call H1 2021
Earnings Call H1 2021 wallstreet:online AG 13 September 2021
Slide 2: Further Significant Expansion of Page Impressions
2 Earnings Call H1 2021 H1 2021 Operating Results: Further Significant Expansion of Page Impressions Figures in Billon 3 2.3 BN PIs Page Impressions wallstreet:online group 2.3 2 1.7 + 37 % vs. 1st half of the year 2020 1 Minimum 40 % Monthly Reach of German Self-Directed Investors 0 1.1st half of 2
Slide 3: Customers Love Our Smartbroker Service
3 Earnings Call H1 2021 H1 2021 Operating Results: Customers Love Our Smartbroker Service Evolution of Brokerage Account Customers 116,966 187,055 200 180 44,612 187,055 160 Classic Transaction 140 Brokerage Account Customers 120 100 43,839 + 60 % Classic Transaction vs. 31 December 2020 80 142,443
Slide 4: Total AUM and AUM per Customer at Market-Leading Magnitudes
4 Earnings Call H1 2021 H1 2021 Operating Results: Total AUM and AUM per Customer at Market-Leading Magnitudes cEUR 29,000 AUM cEUR 30,000 AUM per SB Customer per SB Customer 8 7 6 EUR 6.8 bn Assets under Management 5 EUR 6.8 bn 4 + 59 % vs. 31 December 2020 3 Gaining EUR 4.3 bn 2 Germany‘s Most Val
Slide 5: H1 2021 Financial Statements – Basis of Preparation
5 Earnings Call H1 2021 H1 2021 Financial Statements – Basis of Preparation 1 Consolidated and Single-Entity Accounts based on German HGB 2 Unaudited 3 Material entities unchanged from FY 2020: WSO AG, Ariva, ABC New Media, MIM 4 wallstreet:online capital AG included “at equity” during H1 2021 5 wal
Slide 6: Revenue Overview | wallstreet:online AG single entity
6 Earnings Call H1 2021 H1 2021 Revenue Overview | wallstreet:online AG single entity in EUR mm EUR 6.3 m EUR 11.5 m 12 EUR 11.5 m 2.9 Other Sales H1 2021 wallstreet:online AG 8 0.4 Other 8.6 Growth vs. H1 2020 4 5.9 Social & Media Social & Media + 83 % + 47 % + 592 % Sales Social & Media Other 0 H1
Slide 7: Revenue Overview | Consolidated
7 Earnings Call H1 2021 H1 2021 Revenue Overview | Consolidated in EUR mm EUR 15.1 m EUR 23.8 m 25 6.8 20 Other EUR 23.8 m Sales H1 2021 wallstreet:online-Group 15 2.9 Other 10 17.0 Growth vs. H1 2020 12.2 Social & Media 5 Social & Media + 57 % + 40 % + 127 % Sales Social & Media Other 0 H1 2020 6/3
Slide 8: Expenditure Overview | Consolidated
8 Earnings Call H1 2021 H1 2021 Expenditure Overview | Consolidated in EUR mm Consolidated H1 2020 H1 2021 Growth Revenue 15.1 23.8 57 % Other Operating Income 0.3 0.5 63 % Data, IT & Distribution (2.5) (5.1) 102 % Marketing (4.6) (8.9) 93 % Personnel (5.0) (7.2) 43 % Other (2.0) (2.0) 4% Non-recurr
Slide 9: Cash Flow Statement
9 Earnings Call H1 2021 H1 2021 Cash Flow Statement in EUR mm H1 2021 Operational EBITDA 1.1 Change in Working Capital & Other (0.3) Taxes (0.8) Operating Cash Flow 0.1 of which Smartbroker CACs 7.9 Non-recurring items (0.7) Capital Expenditure(1) (0.6) Total pre-financing Cash Flow (1.2) Financing
Slide 10: Balance Sheet | wallstreet:online-Group (HGB)
10 Earnings Call H1 2021 H1 2021 Balance Sheet | wallstreet:online-Group (HGB) in EUR mm Assets in EUR 000s Equity & Liabilities 31.12.2020 30.06.2021 % of total 31.12.2020 30.06.2021 % of total Fixed Assets 28.8 27.7 42 % Equity 30.2 48.1 73 % Intangible Assets 20.5 19.4 29 % Provisions 2.7 3.6 6%
Slide 11: 2021 Guidance Unchanged
11 Earnings Call H1 2021 2021 Guidance Unchanged 1 Consolidated Revenues: EUR 45 to 50 million 2 Operational EBITDA before Smartbroker CAC: EUR 16.5 to 18.5 million 3 Smartbroker CAC: EUR12.5 million 4 Operational EBITDA after Smartbroker CAC: EUR 4 to 6 million 5 At least 120,000 net Smartbroker cu
Slide 12: German Households' Financial Assets Grow by 6% p.a.
12 Earnings Call H1 2021 German Households’ Financial Assets Grow by 6% p.a. Only 18% of these assets are invested in listed equities & funds Share Of Total CAGR Total Financial Assets EUR 7,143 bn 100% 6% 42% 6% Cash & bonds EUR 2,971 bn Listed equities & funds EUR 1,262 bn 18% 11% Target Market So
Slide 13: Seismic Shift in AUMs has only just begun
13 Earnings Call H1 2021 Seismic Shift in AUMs has only just begun Neobrokers and Robos are Destined to Gain Significant Market Share German Listed Equities & Funds Smartbroker is Germany‘s Number One by AUMs: by Provider (EUR bn) c35% market share 1,400 Neobroker & Robos Quirion Other 1,200 1st Gen
Slide 14: Roland Nicklaus, Chief Financial Officer
14 Earnings Call H1 2021 Roland Nicklaus Chief Financial Officer Earning Call H1 2021 wallstreet:online Aktiengesellschaft Kontakt: ir@wallstreet-online.de
Slide 15: Thank You for Your Attention.
15 Ordentliche Hauptversammlung 2021 Thank You for Your Attention.
Slide 16: Disclaimer
16 Earnings Call H1 2021 Disclaimer This presentation has been prepared by wallstreet:online AG (“wallstreet:online”) and comprises the written materials/slides for a presentation concerning wallstreet:online, its group companies and the product Smartbroker. By attending this presentation and/or rev