Jumbo Interactive Limited · ASX:JIN
Jumbo Interactive — Berenberg and Goldman Sachs Second German Corporate Conference 2013
30 slides from Jumbo Interactive's conference presentation, Sep 25, 2013
Slide 1: Berenberg and Goldman Sachs Second German Corporate Conference
For personal use only Berenberg and Goldman Sachs Second German Corporate Conference 23–25 September Munich Jumbo Interactive Germany GmbH Gerhard J. Sparrer, Managing Director September 2013
Slide 2: Official Internet Lotteries since 2000
Official Internet Lotteries since 2000 For personal use only Australia • Sales €76 mil* • Dividends • Profits Germany • Licenses issued • Launching Dec 2013 USA • Positioned for launch. • JV with major lottery retailers. Mexico • Launching 2013. * An exchange rate of €0.70 = A$1.00 has been used thr
Slide 3: Highlights FY2013
Highlights FY2013 (Year to June 30, 2013) For personal use only Total Transaction Value – Lottery Ticket Sales Net Profit After Tax €4.7 million (Like for like basis) Full Year Dividend: €0.021 Market Cap €64 million
Slide 4: Software Platform, Customers and Partners
For personal use only Software Platform • Industry leading software platform with in-house development since 2000. Customers • 1.58 million = 14% of addressable market. • Population of Australia is 22 million. Partner with the Tatts Group • Tatts Group is the main lottery license holder. • Jumbo is
Slide 5: 2000 to 2013 growth
For personal use only 2000: • Jumbo began selling lotteries in Australia 2013: • Sales reach A$109 million. • 1.58 million customers • (14% of population over 18 on the Internet) • Very advanced lottery website with features not available anywhere in the world.
Slide 6: Launch in December 2013
For personal use only LAUNCH IN DECEMBER 2013: • Received licenses in all 16 landers. • Internet lottery market in Germany expected to grow to €$1.4 billion over 5 years. • Jumbo has competitive marketing skills and a competitive software platform. • Experienced team in Germany and Australia. • Shar
Slide 7: Germany Breakeven in two years
Germany Breakeven in 2 to 3 years For personal use only Jumbo is profitable and has A$16.9 million in net cash reserves. A$2 to A$3 million cash requirement.
Slide 8: Positioned for Launch: USA
Positioned For personal use only for Launch Lottery market size: • USA €42 billion • Germany €7 billion • Australia €3 billion 2011: US Fed ok to lotteries on the Internet. 42 States sell lotteries. Each state is now working towards selling lotteries on the Internet. Jumbo has been very active in th
Slide 9: Positioned for Launch: New York JV
Positioned For personal use only for Launch November 2012: Jumbo forms JV in New York with ex-CEO of NY Lottery to begin providing interactive lottery services to retailers. Deals Signed: Over 800 Outlets Over 130 Outlets
Slide 10: Launch in 2013: Mexico
For personal use only Launch in 2013 Significant potential with 110 million people and a strengthening middle class. Lottery Market: €1 billion.
Slide 11: First mover in an emerging digital market
First mover in an emerging digital market For personal use only €175b Global Lottery Sales Europe €77b Ave 10% Asia USA/Canada €40b €46b <1% <1% Australia €3b 8% % lottery sales on the Internet
Slide 12: Less than 1% of lottery tickets sold online
66 Less than 1% of lottery tickets sold today around the world are on the internet. Some countries have already reached 30% internet penetration. Our goal at Jumbo is to be at the forefront of this growth trend." Mike Veverka Founder, CEO and Executive Director
Slide 13: Jumbo Worldwide
Jumbo Worldwide For personal use only Munich, Germany San Diego, New York, USA USA Mexico City, Suva, Fiji Mexico Brisbane, Australia Melbourne, Australia
Slide 14: Leadership Team
For personal use only Leadership Team
Slide 15: Mike Veverka, Group Founder & CEO
Mike Veverka Group Founder & CEO For personal use only Bachelor Engineering (Honors) Queensland Institute of Technology 1965: Born Czech Republic 1995: Founded Jumbo 1999: Listed in Australia and Germany Interest in Jumbo: 9.3 million shares (21%) Mike’s entrepreneurial flair and innovation were dis
Slide 16: Gerhard J. Sparrer, Managing Director Germany
Gerhard J. Sparrer For personal use only Managing Director Germany Gerhard was responsible for successfully building up Stanleybet Germany, a subsidiary of leading European gaming group Stanleybet International that provides virtual, sports and lottery products. He is a serial entrepreneur starting
Slide 17: World Lottery Association
For personal use only World Lottery Association
Slide 18: Year growth
For personal use only 5 year growth
Slide 19: Using Smart Signs to drive immediate sales
Using Smart Signs to drive immediate sales For personal use only
Slide 20: Using digital technology to enhance instants
Using digital technology to enhance instants For personal use only
Slide 21: Profit/Loss FY 2013
Profit/Loss FY 2013 For personal use only Building infrastructure for International Expansion FY 2013 FY 2012 A$ mil A$ mil TTV 109 100 Revenue 25.2 24.1 EBITDA Reported 6.7 10.5 EBITDA Like-for like 12.2 11.5 NPAT Reported 3.0 6.7 NPAT Like-for-like 6.8 6.6 “Like-for-like” compares years equally ad
Slide 22: “Like for like” comparison
“Like for like” comparison For personal use only
Slide 23: Balance Sheet
Balance Sheet For personal use only Strong cash and asset position 30 June 2013 30 June 2013 A$ mil € mil Current Assets 24.9 17.4 Non-current Assets 9.8 6.9 TOTAL ASSETS 34.7 24.3 Current Liabilities 13.6 9.5 Non-current Liabilities 0.6 0.4 TOTAL LIABILITIES 14.2 9.9 NET ASSETS 20.5 14.4 Strong bal
Slide 24: Cash Flow
Cash Flow For personal use only 3rd continuous year of increasing cash. 5th continuous year of dividends.
Slide 25: ASX: JIN Germany: JUB
ASX: “JIN” Germany: “JUB” For personal use only
Slide 26: ASX: JIN Germany: JUB
ASX: “JIN” Germany: “JUB” For personal use only Sept 2013 share price: A$2.06 Market Cap: A$90 mil Shares on issue: 43.5 mil Emp/dir options: 2.4 mil Major Shareholders: 1. Mike Veverka (CEO) 21% 2. Institutional Fund 4% 3. Institutional Fund 4% 10th HY Dividend since 2008: FY Jun 2013: 3.0c FF
Slide 27: Summary
Summary For personal use only • Profitable with dividends after operating in Australia for 13 years. • Licenses in Germany and launching in Dec 2013. • Launching in Mexico in 2013. • Lottery JV in USA positioned for upcoming full internet sales.
Slide 28: Contact
Contact: For personal use only Gerhard J. Sparrer Mike Veverka Managing Director Germany Founder and CEO Jumbo Interactive GmbH Jumbo Interactive Limited Konrad-Zuse-Platz 8 Level 1, 601 Coronation Drive 81829 München Toowong QLD 4069 Australia Phone: 089 207 042 977 Phone: +61 7 38313705 gerhards@j
Slide 29: Disclaimer
Disclaimer For personal use only The information contained in this presentation is of a general nature only. Its purpose is to provide an overview of the activities of Jumbo and has not been prepared having regard to your objectives, financial situation or needs. The information provided is not inte
Slide 30: www.jumbointeractive.com
For personal use only www.jumbointeractive.com
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