Fortifai Limited · ASX:FTI
Fortifai — Investor Presentation (November 2021)
22 slides from Fortifai's investor presentation, Nov 8, 2021
Slide 1: Investor Presentation
INVESTOR PRESENTATION November 2021
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Mighty Kingdom Limited (ACN 627 145 260). The information contained in this presentation is for information purposes only and is not investment, financial product, legal or tax advice. This presentation contains summary information about the current
Slide 3: Largest independent game developer in Australia
Founded in 2010 and headquartered in Adelaide, Mighty Kingdom (“MK”) is the largest independent game developer in Australia A team of 140 with extensive experience making games for the world’s largest brands Mighty Kingdom has released more than 50 games with more than 50 million downloads worldwide
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS 100% Increase in Development Pipeline Established Track Record in Work For Hire Mighty Kingdom has grown the number of Mighty Kingdom continues to expand its Work for games in development from 5 to 10 games with Hire business segment with the extension of its a focus on Origina
Slide 5: Company Overview
COMPANY Overview CAPITAL STRUCTURE SHARE REGISTRY Share Price (05/11/2021) $0.135 Other Shareholders Philip Mayes 43.0% 34.6% Shares on Issue 151.7m Options on Issue 18.8m Regal Funds Management 7.6% Phoenix Portfolios iCandy Games Ltd 1 Market Capitalisation $20.5m 7.1% 7.8% Cash Net Debt (30 Sept
Slide 6: Key Board Personnel
KEY BOARD personnel Michelle Guthrie Philip Mayes Tony Lawrence Megan Brownlow Gabriele Famous Chair Managing Director Executive Director Non-Executive Non-Executive Director Director Michelle has held senior With more than 15 years With more than 20 years management roles at of experience, Phillip
Slide 7: Original IP Strategy
ORIGINAL IP STRATEGY Mighty Kingdom has evolved to develop Original IP Original IP allows Mighty Kingdom to maximise the brand’s potential and leverage upside. Mighty Kingdom currently partners with publishers to fund distribution of these games Mighty Kingdom engages with established brands to lice
Slide 8: Our Team Is Our Strength
OUR TEAM IS OUR STRENGTH Team of Team of 70 140 September 2020 Today Work For Hire Co-Development Original IP Art & Animation: Art & Animation: Art & Animation: Programming: Programming: Programming: Product & Project Management: Product & Project Management: Product & Project Management: Marketing:
Slide 9: Market Opportunity
MARKET OPPORTUNITY GLOBAL GAMES MARKET THE WORLD 2020 GLOBAL INVESTMENT 2.7B Gamers 40 700 250 4 Global Game Revenue (US$ Billions) 35 Global Investment (US$ Billions) 600 Number of Transactions US$159B Rev Gamers Globally (Billions) 200 30 3 500 25 150 400 2 ASIA PACIFIC 20 300 100 15 200 1.5B Game
Slide 10: Full Year Financials
FY21 financial FULL YEAR Highlights FINANCIALS 7 Revenue generated from Original IP and Co- Development projects increased 35% YoY and 6 enjoyed strong total income growth of 42% Revenue (A$ Millions) to A$6.13m 5 Mighty Kingdom Group enjoyed an increase in game revenue of 29% reflecting the group’s
Slide 11: Product pipeline
Product pipeline 10
Slide 12: Our Product Lifecycle for Games
OUR PRODUCT LIFECYCLE FOR GAMES Build Phase Growth Phase Sustain Phase The creation of core game Where the game goes from Generating profits on an systems as well as the investment to profitability ongoing basis with the goal pipeline for the content through game release to improve margins over time
Slide 13: Pipeline Projection 2019
PIPELINE PROJECTION 2019 Mighty Kingdom had 2 main games in the market with at least 3 in the pipeline Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 WFH Lego Friends License IP Shopkins Original IP WildLife Original IP Ava’s Manor License
Slide 14: Pipeline Projection 2020
Pipeline projection 2020 Mighty Kingdom increased the pipeline while transitioning the games in the market to a sustain phase Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 WFH Lego Friends License IP Shopkins Original IP WildLife Original
Slide 15: Pipeline Projection 2021
Pipeline projection 2021 Mighty Kingdom added a significant number of games to the pipeline and expanded the in-market portfolio Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 License IP Shopkins Original IP WildLife Original IP Ava’s Mano
Slide 16: Stages in Build Phase
Stages in build phase Leveraging decades of game development experience The streamlined build phase allows MK to rely less on in-demand coders allowing the company to hire talent across different stages in the development lifecycle Planning Development Testing Launch Initial Concept Storyboarding &
Slide 17: Game Highlights
GAME HIGHLIGHTS 16
Slide 18: Project Ball Stars
Project Ball stars Original IP In Development Cross-Platform 100% Owned flagship Original IP designed to be played across PC and consoles Multiplayer racing game for family demographic with all the key features of a blockbuster Extremely positive feedback from early testing 17
Slide 19: Conan Chop Chop
CONAN CHOP CHOP Co-Development Game In Development Console A rogue-lite hack ‘n’ slash for 1-4 players that can be played on both PC and console Set to launch into a very popular game genre with millions of active users “Part Conan, part Cyanide and Happiness in its visuals, Conan Chop Chop is proof
Slide 20: Ava's Manor
Ava’s manor Co-Development Game In Market Mobile Solitaire based game for Android and iOS with the player unlocking narrative and content in playthrough Over AUD$6.5m in revenue with 2.4m downloads to date since launch in November 2020 Game adjustments in May 2021 generated a 43% uplift in LTV and 4
Slide 21: Thank You
THANK YOU This presentation has been approved by the release of the board of directors of Mighty Kingdom Limited Phone: (08) 7200 3252 General Enquiries: hello@mightykingdom.com Studio Address: Level 4 121 King William Street, Adelaide SA 5000 Australia
Slide 22: Investor Relations
Investor relations For further information, please contact Philip Mayes Duncan Gordon Managing Director Executive Director Mighty Kingdom Limited Adelaide Equity Partners Ltd T: +61 8 7200 3252 T: +61 8 8232 8800 E: hello@mightykingdom.com E: info@adelaideequity.com.au ABOUT MIGHTY KINGDOM LIMITED S