E-finance For Digital And Financial Investments S.a.e. · EGX:EFIH
E-finance For Digital And Financial Investments S.a.e — e-finance for Digital and Financial Investments — 9M2022 Earnings Presentation
28 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, November 2022
Slide 1: 9M2022 Earnings Presentation
9M2022 Earnings Presentation 1
Slide 2: Agenda
Agenda I e-finance Overview II Our Subsidiaries III Appendix 2
Slide 3: Overview
Overview finance Investment Group 3
Slide 4: Group Overview
Group Overview Group Synopsis 9M2022 Financial Highlights Consolidated Revenues e-finance Investment Group is Egypt’s leading technology focused investment management firm. From its beginnings as 26.4% 25.0% EGP 1,937.8 million the country’s first fintech platform in 2005, e- finance has grown to pi
Slide 5: A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries
A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries The Group commands a diversified portfolio of subsidiaries and investments offering a vast array of complementary digital services to partners and customers efinance Digital Operations eCards eKhales 99% 89% 70% G2G G2G Own
Slide 6: An Exciting Network of Associate Companies
An Exciting Network of Associate Companies e-finance deploys a network of six associate companies active in sectors across the Egyptian economy, including in revolutionizing the country’s tax system and digitizing national health insurance infrastructures in line with efforts to achieve universal co
Slide 7: Our Revenue Generation Model
Our Revenue Generation Model A wide array of revenue generating services Contract Based (Build & Operate e-finance provides develops and manages automated solutions for clients under contract Revenues) Transaction Based (Variable & Fixed Payment processing activities split into variable-fee transact
Slide 8: Leveraging our Expansive Reach and Strategic Partnerships
Leveraging our Expansive Reach and Strategic Partnerships Four Transaction Revenue Generating Channels Financial Institutions Network POS Network 39 >8k 16 380k Payment Service Commercial Banks Bank Branches POSs (Held By PSPs) Partners (PSPs) >4k 20k Post Offices Government POSs Corporate Payment S
Slide 9: Consolidated Financial Performance in 9M2022
Consolidated Financial Performance in 9M2022 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) Gross Profit The Group’s consolidated revenues grew by 49.1% 44% Margin 2018 – 2021 y-o-y to EGP 1,938 million in 9M2022. The Group’s 1500 CAGR 56% performance for the period was mainly driv
Slide 10: Bottom-Line Strength Despite Elevated Effective Tax
Bottom-Line Strength Despite Elevated Effective Tax Net Profit After Tax Progression (EGP mn) EGP 32 mn Taxes on dividends from subsidiaries 1,026 692 EGP 33 mn Deferred tax Foregone tax savings on provision EGP 14 mn expense Earnings Before Interest and Tax Net Profit After Tax (Before NCI) The per
Slide 11: Adjusted Figures Show Core Strength
Adjusted Figures Show Core Strength Adjusted financial results are adjusted for the ESOP effect Adjusted EBITDA, Margin (EGP mn, %) Adjusted Net Profit, Margin (EGP mn, %) Adjusted EBITDA Adjusted Net Profit EBITDA Net Profit 47% 37% 29% 40% 911 716 878 683 524 380 9M21 9M22 9M21 9M22 11
Slide 12: Cost Base Analysis
Cost Base Analysis Key Highlights Meanwhile, selling & marketing expenses rose rapidly Sales, general and administrative (SG&A) expenses during 9M2022 due to heightened expenditure on increased by 65.3% y-o-y, posting EGP 239 million for marketing campaigns, as well as costs associated with Cost of
Slide 13: Our Subsidiaries
Our Subsidiaries finance Investment Group 13
Slide 14: e-finance for Digital Operations
e-finance for Digital Operations e-finance for Digital Operations (e-finance’s largest subsidiary) provides the Group with a unique position and infrastructure to capitalize on Egypt’s robustly growing digital transformation drive, building and operating Government digitization projects and acting a
Slide 15: e-finance for Digital Operations Drivers & Revenues (1/2)
e-finance for Digital Operations Drivers & Revenues (1/2) Key Highlights Transaction Based Revenues (EGP mn) Build & Operate Revenues (EGP mn) e-finance for Digital Operations recorded pre- 41% 2018 – 2021 elimination revenues of EGP 1,727 million, CAGR 10% 2018 – 2021 reflecting an increase of 53.3
Slide 16: e-finance for Digital Operations Drivers & Revenues (2/2)
e-finance for Digital Operations Drivers & Revenues (2/2) Key Highlights Fixed Fee Transactions (mn), Avg. Fee per Transaction (EGP) Fixed Fee Revenues (EGP mn) 0.6 0.8 1.0 1.3 1.8 1.4 28% 2018 – 2021 CAGR 447 443 391 382 384 365 346 Revenues from fixed-fee transactions declined 309 277 by 27.7% y-o
Slide 17: eCards
eCards eCards is a pivotal player in Egypt’s growing digital payments sector, leading the digital transformation by building, managing and operating smart card solutions for financial and nonfinancial institutions, as well as enabling the development of smart solutions across sectors Product and Ser
Slide 18: eCards Operational Drivers & Revenues
eCards Operational Drivers & Revenues Key Highlights e-cards Revenues (EGP mn) 100% 2018 – 2021 CAGR 376 216 Revenue at eCards grew by a solid 43.2% y- o-y to EGP 216 million in 9M2022. The 151 performance was driven by increases in both 92 card production and card management services. 47 56 2018 20
Slide 19: eKhales
eKhales Through eKhales, the Group has successfully tapped into Egypt’s thriving retail space, enabling users to execute all manner of bill payments, and creating value for a wide network of merchant partners Through its wide network of 16 >380K EGP c.600 mn 50 mn POS partners, and inter- operable d
Slide 20: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) 132% eKhales recorded a decrease of 27.0% y-o-y 2019 – 2021 CAGR in pre-elimination revenues to EGP 39.4 65 million in 9M2022, reflecting a base effect from one-off POS sales of nearly EGP 28.9 54 million completed durin
Slide 21: e-nable
e-nable e-nable is a leading Business Processing Outsourcing (BPO) service provider, offering a suite of integrated telecommunications and contact center solutions, from HR and IT outsourcing to a full contact center, across local and international markets Service Offering 24/7 Contact Center HR Out
Slide 22: e-nable Operational Drivers & Revenues
e-nable Operational Drivers & Revenues e-nable Revenues (EGP mn) Customer Served 44% 2018 – 2021 CAGR 38% 65 2018 – 2021 16% CAGR Y-o-Y Growth 56% 59 54 Y-o-Y Growth 52 51 42 40 32 26 23 18 20 2018 2019 2020 2021 9M21 9M22 2018 2019 2020 2021 1H21 1H22 Key Highlights e-nable was established in 2021
Slide 23: eAswaaq, the Group's multiplatform e-commerce operator
eAswaaq, the Group’s multiplatform e-commerce operator eAswaaq is a multi-platform e-commerce operator focused on marketplace solutions that automate and transform outdated practices to bring Egyptian markets into the digital age. Financing Platforms & Value-Added Solutions & Marketplaces Services S
Slide 24: Appendix
Appendix finance Investment Group 24
Slide 25: Historical Income Statement
Historical Income Statement Consolidated Income Statement (EGP mn, unless otherwise stated) 2020 2021 9M2021 9M2022 Sales 1,232 1,963 1,300 1,938 Total Revenue 1,232 1,963 1,300 1,938 % y-o-y 25.2% 59.3% 49.1% Cash Production Costs (585) (966) (631) (788) Depreciation & Amortization (52) (74) (54) (
Slide 26: Historical Balance Sheet
Historical Balance Sheet Consolidated Balance Sheet (EGP mn, unless otherwise stated) 2019 2020 2021 9M2022 Assets Cash 612 633 2,367 654 HTM Investments 502 2,132 Receivables 667 780 1,358 1,725 Inventory 54 59 55 65 Total Current Assets 1,333 1,472 4,282 4,576 Gross PP&E 490 638 760 790 Accumulate
Slide 27: Stock Information
Stock Information Stock Chart 20 12,000 18 10,000 16 14 8,000 12 10 6,000 8 4,000 6 4 2,000 2 0 0 Apr-22 Apr-22 May-22 Jun-22 Jun-22 Jul-22 Aug-22 Aug-22 Sep-22 Sep-22 Oct-22 Nov-22 Volumes ('000) Price Share and Contact Information Ticker EFIH.CA on the EGX Date of Listing 20 October 2021 Number of
Slide 28: Thank You
Thank You INVESTOR RELATIONS CONTACTS Telephone: +202 3531 7430 E-mail: info@efinance.com.eg www.efinanceinvesrment.com SHAREHOLDER INFORMATION EGX: EFIH.CA Listed: October 2021 Shares Outstanding: 1.6 billion 28
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