Peppermint Innovation Limited · ASX:PIL
Peppermint Innovation — Shareholder Meeting (December 2019)
27 slides from Peppermint Innovation's shareholder meeting presentation, Dec 3, 2019
Slide 1: CEO Presentation AGM 29 November 2019
Payments | Delivery & Logistics | E-Commerce | Financial Services CEO PRESENTATION | AGM 29 NOVEMBER 2019 | ASX: PIL
Slide 2: Disclaimer
DISCLAIMER This presentation prepared by Peppermint Innovation Limited (Company) does not contain all the information that a prospective investor may require in connection with any potential investment in the Company and you should not read the presentation or any information in connection with it,
Slide 3: Company Overview
COMPANY OVERVIEW ASX: PIL • FinTech targeting mobile payments, e-commerce, delivery & logistics and financial services Listed shares: 987,582,463 • Focussed on Developing World countries and providing services to the unbanked, underbanked and diaspora Performance shares: 100,000,000 • Deliver an inn
Slide 4: Recognised Technology Platform
RECOGNISED TECHNOLOGY PLATFORM • Named one of the Top 24 Fintech start-ups by Forbes Philippines in 2016 • Winner of Fintech Australia Award “The Finnie” for Excellence in Financial Inclusion (Social Good) 2017 • Winner of Inclusive Fintech 50 Award, one of 50 companies selected from 400 applicants
Slide 5: YTD 2019 Key Metrics
YTD 2019 KEY METRICS 2018 2019 $810,000 689,494 2018 2019 59,824,794 2018 2019 Cash Receipts Platform Transactions Transaction Value (Php) 2018 – $499,000 62% 2018 – 193,308 256% 2018 – 25,343,475 136% 132% 5
Slide 6: Why the Philippines?
WHY THE PHILIPPINES? IMMEDIATE MARKET FOCUS WITH MASSIVE GROWTH POTENTIAL 108M 90% 24 PEOPLE FILIPINOS DO NOT HAVE A CREDIT SCORE MEDIAN POPULATION AGE 118% 70% 36% MOBILE PENETRATION POPULATION UNBANKED MUNICIPALITIES HAVE NO ACCESS TO BANKS 6
Slide 7: Payments in the Philippines
PAYMENTS IN THE PHILIPPINES Better Than Cash Alliance estimates: Filipinos make around Adults make approx. Valued at 2.5B 64 $US 74B Payments per month1 payments per month1 a month1 ONLY 1% of current payments are electronic – the remainder done in cash & cheque payments2 1. Source: www.betterthanca
Slide 8: Bizmoto – A Solution & Opportunity for the Unbanked
BIZMOTO – A SOLUTION & OPPORTUNITY FOR THE UNBANKED PAYMENTS E-COMMERCE bizmoto agents offer bill bizmoTinda is an payment, buy load and e-commerce platform cash transfer services accessible to agents, merchants and consumers alike DELIVERY & LOGISTICS FINANCIAL SERVICES bizmoGo riders provide bizmo
Slide 9: Platform Rolling Out
PLATFORM ROLLING OUT PHASE 1 JUL 2018 JAN 2019 APR 2019 PHASE 2 PHASE 3 REGULATORY LICENSING: VIRTUAL CURRENCY EXCHANGE (VCE) ELECTRONIC MONEY ISSUER (EMI) Q1 2020 9
Slide 10: Building a Comprehensive Micro Enterprise Platform
BUILDING A COMPREHENSIVE MICRO ENTERPRISE PLATFORM ACTIVE PIPELINE PAY BILLS DELIVERY TRAVEL MICRO SERVICES BOOKING INSURANCE ELOAD & EPIN PAYMENT RIDE MICRO TOP UP SERVCES SHARING FINANCING PRODUCT E-COMMERCE MICRO BLOCKCHAIN SALES NETWORK HUB HEALTH INTEGRATION 10
Slide 11: Bizmoto Agent Network
BIZMOTO AGENT NETWORK • Under the brand “bizmoto” a mobile payment system used by duly accredited agents • In-house agent network and distribution channel • Micro business start-up opportunity • Flexibility and convenience with 24/7 access to services • Bill payments, Eload and cash transfer service
Slide 12: Seamless & Integrative Shopping Experience
SEAMLESS & INTEGRATIVE SHOPPING EXPERIENCE • E-commerce platform available to bizmoto agents and also the general public via mobile app and on-line • bizmoto agents can list their products providing exposure and maximising consumer reach • New items being added online each week • 272 independent reg
Slide 13: On-Demand Services
ON-DEMAND SERVICES • bizmoGo riders offer delivery & logistics services in addition to bizmoto agent services • Delivery & logistics services available on-demand via the bizmoGo app • Pilot commenced in April 2019, currently operating across three regional areas in the Philippines • 55 pilot bizmoGo
Slide 14: Bizmoto delivers trusted and convenient services via an innovative technology platform
bizmoto delivers trusted and convenient services via an innovative technology platform that facilitates micro enterprise and creates financial inclusion 14
Slide 15: Bizmoto Services YTD 2019 Key Metrics
BIZMOTO SERVICES YTD 2019 KEY METRICS 18,170 262 55 bizmoto Agents bizmoTinda Merchants bizmoGo Registered Riders 2018 – 7,817 132% 2018 – 0 GROWTH 2018 – 0 GROWTH 15
Slide 16: Bizmoto Agent testimonial
Since becoming a “Bizmoto Agent” I have created new opportunities for my family and earning more than ever! Servicing hundreds of people per week with cash transactions from my device. Payments | Delivery & Logistics | E-Commerce | Financial Services 16
Slide 17: Target Launch Q1 2020
Target Launch Q1 2020 Expected to provide a significant growth stimulus for existing bizmoto services 17
Slide 18: Alternative Consumer Lending
ALTERNATIVE CONSUMER LENDING • bizmoPay will provide alternative short term consumer loans, encompassing BNPL services via the bizmoto mobile app • Small ticket loans targeting the low to middle income market segments with no formal credit or banking history in the Philippines • Launching operations
Slide 19: Mobile App Lender Case Study
MOBILE APP LENDER CASE STUDY • Commenced mobile app based lending operations in 2018 • Mobile app pera247 • Targets unbanked and underserved Filipinos • Small ticket, unsecured short term consumer loans to unbanked and underbanked Filipinos with little to no credit history • Reporting recently after
Slide 20: ASX Listed BNPL Companies Performance & Valuation
ASX LISTED BNPL COMPANIES PERFORMANCE & VALUATION Company ASX Code FY Performance Mkt Cap Revenue $AUD EBITDA Active Users Afterpay Touch Group Ltd APT 2018 2.02b 142.3m 9.7m 3.1m 2019 7.99b 251.6m 35.5m 4.6m Zip Co Ltd Z1P 2018 256m 40.4m (8.8m) 700k 2019 1.46b 84.2m 9.2m 1.3m Splitit Payments Ltd
Slide 21: We Are Just Getting Started!
WE ARE JUST GETTING STARTED! Payments market Consumer finance market E-commerce & There is an estimated online market US$920billion+ in annual Food payment value across these delivery & ride share four key sectors of focus bizmoto is uniquely placed to penetrate all sectors given its established, an
Slide 22: Global Market Comparisons - Non-Bank Platforms
GLOBAL MARKET COMPARISONS - NON-BANK PLATFORMS 2007 2012 2010 2004 2011 Launched in Kenya Founded in Malaysia Launched in Jakarta, Established in HangZhou, by Tencent launched the In 2012 Grab taxi app ‘My Indonesia with 20 Alibaba Weixin messaging app. it Teski’ motorcycle drivers was later on rena
Slide 23: Established Technology Platform Provider – Banking and Cooperative Sector
ESTABLISHED TECHNOLOGY PLATFORM PROVIDER ~ BANKING AND COOPERATIVE SECTOR • White label mobile banking and payments app commercially deployed with UCPB • Developed BSP mandated IBFT PESONet and InstaPay platforms for UCPB • Targeting Regional, Rural and Thrift banks to deliver BSP mandated IBFT plat
Slide 24: A Busy 12 Months
A BUSY 12 MONTHS Cash Recepits ($'000s) • 4 consecutive quarters of double digit cash receipts growth 350 300 • 18,000 plus registered bizmoto agents 250 • 55 registered bizmoGo riders 200 • 272 registered e-Commerce Merchants with bizmoTinda 150 100 • Three new banks signed to adopt our mobile bank
Slide 25: Peppermint in Summary
PEPPERMINT IN SUMMARY • Solution for the Developing World • Established & commercially proven technology platform • Growing revenue stream & low cost operation • Experienced executive leadership & senior management team • Highly productive past 12 months • Continued development of our bizmoto busine
Slide 26: For Enquires Contact
For Enquires Contact: Managing Director & CEO – Chris Kain Email: info@pepltd.com.au Ph: (08) 6255 5504 www.pepltd.com.au
Slide 27: ASX Trading & Company Funding Update
ASX TRADING & COMPANY FUNDING UPDATE • Trading in PIL shares suspended due to a “disclaimed audit opinion” on raising additional capital on October 11 2019 • The Company has an agreed $2m placement at 2.5 cps with PEGG Capital who remain committed to completing this placement, but have been delayed
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