Slide 1: Findi Market Update, White-Label Strategy & 1H FY25 Results
Findi Market Update, White-Label Strategy & 1H FY25 Results 29 November 2024 ASX: FND
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This presentation (Presentation) has been prepared by Findi Limited (Findi or the Company) and is FORWARD-LOOKING STATEMENTS authorised for release by its Directors. You must read and accept the conditions in this notice before This Presentation contains forward looking
Slide 3: Table of Contents
TABLE OF CONTENTS Section 1 – Overview of Findi Section 2 – White-Label Strategy 4 Business Overview 11 Key Strategic Milestone Achieved 5 Investment Themes 12 White-Label FY26 Forecast Financial Impact 6 Robust Market Opportunity 13 New Franchise & Funding Models 7 Diversified Operations 14 The Com
Slide 4: Business Overview
BUSINESS OVERVIEW Findi is an ASX-listed fintech that provides customised, flexible, and scalable payment services for one of the world’s largest developing markets, driving India’s digital banking revolution. Findi aims to increase the breadth of its services and become a leading transaction bankin
Slide 5: Investment Themes
INVESTMENT THEMES Findi possesses several compelling investment fundamentals that can be leveraged to drive sustainable & cash flow accretive earnings. Key drivers include growing our ATM portfolio, as well as strategic expansion & innovation within the White Label ATM (WLA), digital payments & bank
Slide 6: Robust Market Opportunity
ROBUST MARKET OPPORTUNITY In a deep Indian market, fuelled by a growing population, a vast group of unbanked individuals, the substantial circulation of cash, and a prevalent preference for cash transactions, Findi is well-positioned to both assist India in achieving its National Mission for Financi
Slide 7: Diversified Operations
DIVERSIFIED OPERATIONS Findi specialises in bespoke ATM deployment & managed services, and digital payments & banking solutions. Our comprehensive offering caters for large financial institutions, small businesses, and individuals seeking fast & secure cash access and digital transactions… Findi’s t
Slide 8: Significant Market Expansion Opportunity
SIGNIFICANT MARKET EXPANSION OPPORTUNITY Findi is on a pathway to offering a full-service finance hub that leverages its impressive ATM footprint, to scale its digital payments. FindiPay and the ATM business create an ecosystem of complementary financial solutions… WHAT WE DO NOW WHERE ARE WE GOING
Slide 9: Strategic Horizon
STRATEGIC HORIZON Findi is positioned to bolster the evolving digital banking, payments and financial services landscape in India through its WLA strategy and flagship platform, FindiPay. This digitalisation drive aims to capture a greater proportion of the financial services ecosystem, supporting s
Slide 10: Section 2 – White Label Strategy
Section 2 – White Label Strategy Findi Market Update, White-Label Strategy & 1H FY25 Results 10
Slide 11: Key Strategic Milestone Achieved
KEY STRATEGIC MILESTONE ACHIEVED Findi has announced it has acquired Tata Communications Payment Solutions Ltd (TCPSL or Indicash), a wholly owned subsidiary of Tata Communications Limited (Tata)… KEY STRATEGIC HIGHLIGHTS Synergies 1. Immediate White Label ATM (WLA) licence The Acquisition completes
Slide 12: White Label FY26 Forecast Financial Impact
WHITE LABEL FY26 FORECAST FINANCIAL IMPACT The A$75.7 million1 Acquisition is to be funded from Findi’s existing balance sheet resources with A$19.7 million net2 initial cash settlement consideration to be paid at completion and a further A$4.2 million1 to be paid 12 months post completion, bringing
Slide 13: New Franchise & Funding Models
NEW FRANCHISE & FUNDING MODELS Findi’s new white-label ATM franchise model delivers a high-margin, low-capex, scalable approach. This model provides capital light opportunity for partners to enter regional markets quickly, leveraging Findi’s infrastructure for higher ROI than traditional BLA’s… NEW
Slide 14: The Combined Ecosystem
THE COMBINED ECOSYSTEM The combined (physical cash + digital payments) ecosystem provides immediate scale, cost savings, and improved margins, positioning the business for market penetration… WHITE LABEL STRATEGY THE COMBINED ECOSYSTEM • The WLA strategy provides immediate scale and integration acro
Slide 15: FindiPay Platform and ATM Expansion
FINDIPAY PLATFORM AND ATM EXPANSION Findi’s expansion strategy for both its merchant and ATM network aims to increase accessibility and support financial inclusion. The combination of a robust merchant network and growing ATM presence will enhance Findi’s market visibility and drive its position as
Slide 16: Payments Bank Strategy
PAYMENTS BANK STRATEGY Findi aims to become a full-service ‘Payments Bank’ providing a complete suite of financial service solutions tailored to India’s underbanked. This strategy leverages core banking products, extensive partnerships and a robust distribution network to position Findi as a one-sto
Slide 17: Section 3 – 1H FY25 Update
Section 3 – 1H FY25 Update Findi Market Update, White-Label Strategy & 1H FY25 Results 17
Slide 18: 1H FY25 Operating Results
1H FY25 OPERATING RESULTS Findi is pleased to report its half year ended 30 September 2024 (1H FY25) operating results, which saw the Company achieve 1H FY25 Revenue of $30.7M and EBITDA of $12.9M. Findi remains on track to meet its FY25 revenue and EBITDA guidance range as our FY25 budget is heavil
Slide 19: 1H FY25 Highlights & 2H FY25 Investment Objectives
1H FY25 HIGHLIGHTS & 2H FY25 INVESTMENT OBJECTIVES Findi has met its key investment objectives in FY25. Findi remains on track to meet its FY25 revenue and EBITDA guidance range as our FY25 budget is heavily weighted to 2H FY25, driven by the SBI contract uplift and WLA revenue commencement. FY25 RE
Slide 20: Questions
QUESTIONS
Slide 21: Investor Contact Details
E investors@findi.co I P +61 8 6444 1798 Level 4, 90 William Street, Melbourne 3000 Australia FINTECH DIGITAL PAYMENTS INNOVATION findi.co