Avenuesai Ltd · NSE:CCAVENUE
Avenuesai — Infibeam Avenues — Q1 FY25 Earnings Presentation
35 slides from Avenuesai's earnings presentation, Aug 2, 2024
Slide 1: Exchange filing cover letter for investor presentation
August 02, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Company Code No.: 539807 Company Symbol: INFIBEAM Dear Sir / Madam, Sub: Investors Presentation o
Slide 2: Q1 FY25 Earnings Presentation
A Global FinTech Company Q1 FY25 Earnings Presentation 2nd August 2024
Slide 3: Disclaimer
Disclaimer This presentation contains certain words and statements concerning Infibeam Avenues Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the general
Slide 4: Earnings Presentation: Financial Performance and Outlook
EARNINGS PRESENTATION FINANCIAL PERFORMANCE AND OUTLOOK First Listed Fintech in India
Slide 5: 1Q FY25 Performance At A Glance
1Q FY25 Performance At A Glance Profitable Growth and Healthy Returns 10+ mn INR 1.98 tn 11.2 bps Business Performance + 67% + 33% (% change YoY) No. of merchants TPV 1 Payments NTR 7,528 * 698 504 Financial Performance + 1% + 25% + 59% (INR million) Gross Revenue EBITDA 3 PAT 3 INR 1,185 mn 59% 4 4
Slide 6: Financial Performance Snapshot – 1Q FY25
Financial Performance Snapshot – 1Q FY25 Growth Across All Key Parameters 1Q FY25 v/s. 1Q FY24 Consolidated (Standalone + International Payments + Go Payments + Majority owned subsidiaries + Other associates) Particulars (in INR million) 1Q FY25 1Q FY24 YoY (%) Transaction Processing Value (TPV, in
Slide 7: 1Q FY25 At A Glance: Key Strategic Business Developments
1Q FY25 At A Glance Key Strategic Business Developments Company acquired the remaining 26% stake in Infibeam Digital Entertainment Private Limited from Sony. This acquisition, approved by Infibeam's board on July 09, 2024, allows the company to take full ownership of Infibeam Digital Entertainment
Slide 8: Recent Strategic Business Developments (1/2)
Recent Strategic Business Developments (1/2) Milestones, Partnerships, Investments and AI Advancements US Patent filed Acquisition of majority stake in Rediff.com Phronetic.AI files its first Artificial Company to venture into the ‘Digital Financial Intelligence with United States Patent and Aggrega
Slide 9: Recent Strategic Business Developments (2/2)
Recent Strategic Business Developments (2/2) Milestones, Partnerships, Investments and AI Advancements PTSP Certification from SAMA Infibeam becomes the first Indian fintech player to secure it in Saudi Arabia, positioning CCAvenue RBI authorization for CCAvenue for growth in Saudi Arabia's digital
Slide 10: CCAvenue (India + Intl.) Payments Business Highlights
CCAvenue (India + Intl.) Payments Business Highlights Payment business on a strong footing CCAvenue Payments TPV (India + Intl.) CCAvenue India (INR billion) 2,722 ~ 2,550+ FY25 est. TPV market share 2,160 of ‘Online Payments’ Avg. daily merchant $33 bn 1,669 CC – 9% | DC – 7% | NB – 3% addition in
Slide 11: Company’s Revenue Model
Company’s Revenue Model Growth Focused Revenue Model (Mix of Transaction-Based And Annuity) Total Transaction Processing Value (INR trillion) * Net Take Rate-NTR (Net earnings per transaction in bps) Payments TPV + Platform TPV Payments business 1.4 2.9 4.4 7.0 2.0 Annual Quarterly Payments TPV Plat
Slide 12: Short-Medium Term Key Focus Areas
Short-Medium Term Key Focus Areas Well-poised For Growth • Partner with banks and card networks on specific programs having low acquiring cost • Add more low cost acquiring banks increase the ‘net take rate’ in the Payments business • Increase international contribution where the net take rates to d
Slide 13: Guidance FY25
Guidance FY25 Well-poised for Growth Gross Revenue Net Revenue INR 39,000 - 42,000 million INR 4,500 – 5,000 million (up 23% - 32% YoY) (up 5% - 17% YoY) EBITDA PAT INR 2,750 – 3,000 million INR 1,750 – 2,000 million (up 9% - 19% YoY) (up 18% - 35% YoY) 12
Slide 14: Corporate Presentation: Company Overview & Industry Outlook
CORPORATE PRESENTATION COMPANY OVERVIEW & INDUSTRY OUTLOOK First Listed Fintech in India
Slide 15: About Infibeam Avenues
About Infibeam Avenues Click to watch video A Payment Infrastructure and eCommerce Software Platforms Company 14
Slide 16: Infibeam Avenues: Business At a Glance
Infibeam Avenues Business At a Glance • India’s First listed fintech company (listed in 2016) with a consistent Key Highlights PROFITABLE track record • A Payment Infrastructure company; Offering omni-channel and full- India’s First Retail India’s First Enterprise stack B2B Digital Payments solution
Slide 17: Leading the industry with many firsts
Infibeam Avenues Leading the industry with many firsts - In 2007, became first Indian PA to achieve PCI-DSS compliance and the first to become a MasterCard Member Service Provider - In 2008, was the first to be certified by American Express for global currency processing - In 2010, launched India’s
Slide 18: Strategic And Competitive Advantages
Infibeam Avenues Limited A powerful combination of payment infrastructure and ecommerce software platforms Strategic And Competitive Advantages Invested across entire Payment Aggregator license 3 + Omnichannel 2 offerings payments ecosystem (digital payments + software platforms) BBPOU (bill payment
Slide 19: Building A Long-term Scalable And Sustainable Business
Building A Long-term Scalable And Sustainable Business Company’s long-term plans to create superior shareholder value o Focus on profitable revenue growth Building a sustainable o Processing profitable transactions business model o Increasing net take rate through cross-sell and up-sell o Building h
Slide 20: Company Overview: Payments Business
94% Gross Revenue contribution COMPANY OVERVIEW Payments Business First Listed Fintech in India
Slide 21: The Fintech Universe And Business Models
The Fintech Universe And Business Models Company targets ‘merchants and banks’ for scalable and sustainable growth CUSTOMER SEGMENTATION Slide 12 Slide 13 Company is focused on low-cost, stable, scalable and sustainable business from Merchants and Banks 20
Slide 22: Bank Centric Business Model
Bank Centric Business Model (Building Payments Infrastructure) De-risked and sustainable business model Leveraging fintech expertise for global expansion 21
Slide 23: CCAvenue All in one POS device
CCAvenue All in one POS device A complete all-encompassing POS device that lets a merchant accept all type of payment modes through one device • Tap and Pay NFC Card Transactions with PIN on pin pad for above INR 5000 • EMV Dip Card Transactions • Static UPI Transaction • Dynamic UPI Transactions •
Slide 24: CCAvenue Omnichannel Payment Solution
CCAvenue Omnichannel Payment Solution Among the worlds most advanced, featuring India’s first pin-on-glass softPoS solution • Payments on-the-go; anytime anywhere • No/Low Cost Android-based mobile app • Aligned with RBI’s Payment Vision 2025 to increase payment acceptance through low cost solutions
Slide 25: BillAvenue (Bill Payments thru BBPS)
BillAvenue (Bill Payments thru Bharat BillPay System / BBPS) Bill payments platform to cater to the large untapped utility and recurring payments segment across India Built on the BBPS1 infrastructure, BillAvenue is a unified, BillAvenue Business Performance interoperable, online payments platform
Slide 26: Go Payments (majority owned subsidiary)
Go Payments (majority owned subsidiary) Empowering unbanked to access digital financial services ‘Instant Global Paytech Pvt. Ltd.’, operating through the brand ‘Go Payments’ to provide assisted commerce services MONEY TRANSFER RECHARGE TRAVEL INSURANCE Launched payment issuance infrastructure f
Slide 27: The Digital Ecosystem Is Expanding
The Digital Ecosystem Is Expanding … … and the total addressable market continues to grow New Flows Will Lead To Increasing TAM New acceptance eCommerce eCommerce share share New acceptance form factors of spending to to rise form factors P2P and of spending rise P2P and B2CB2C New platforms to reac
Slide 28: India’s Digital Payments Market To Become $3tn By FY28
India’s Digital Payments1 Market To Become $3tn By FY28 (Online + Offline) Continued uptake in FY23 even post-Covid, suggesting growth to continue Digital Payments1 Industry Size & Growth – India in INR trillion Projected FY28 P2M Industry Size 33% (@25% 5yr CAGR) YoY ~INR 225 tn (approx. $3 tn) 3x
Slide 29: International Expansion Plans For Becoming A Global Fintech Player
International Expansion Plans For Becoming A Global Fintech Player Country-in-a-box strategy Targeting 12-15% international contribution to Payment’s Net Revenue by FY28 Other Geographies South East Asia USA & USA Australia GCC UAE and Oman operational. Australia & USA: To be To be launched over a p
Slide 30: Few Marquee Clients
Few Marquee Clients Marquee clients across industries INDIA UAE GCC c c c c Podar Education c c c c c India 10.0+ million total merchants; strong merchants addition in payment continues 29
Slide 31: Company Overview: Platforms Business
6% Gross Revenue contribution COMPANY OVERVIEW Platforms Business First Listed Fintech in India
Slide 32: Enterprise Software Platforms and Infrastructure
Enterprise Software Platforms and Infrastructure An e-commerce marketplace platform/infrastructure built for large scale implementation Business Overview Platforms Transaction Processing Value (INR billion) A cloud-based, E2E SaaS platform allowing corporates to GeM contract upto Q3FY24. 4,037 Rev
Slide 33: Annexure
ANNEXURE First Listed Fintech in India
Slide 34: Revenue and Cost Drivers
Revenue and Cost Drivers Building a scalable business model Payment Gateway Bill Payments eComm. platform Businesses • CCAvenue (India + Intl.) • BillAvenue • Marketplace for Enterprise • CCAvenue TAPPay (SoftPoS) • ResAvenue • B2Biz • CPGS (Payment Infra for banks) Revenue model • Transaction based
Slide 35: Thank You
PAYMENTS | PLATFORMS Thank You Investor Relations Sunil Bhagat Rajat Gupta sunil.bhagat@ia.ooo rajat@goindiaadvisors.com To know more, visit us at: www.ia.ooo | www.ccavenue.com