Change Financial Ltd · ASX:CCA
Change Financial — Investor Presentation (February 2022)
18 slides from Change Financial's investor presentation, Feb 24, 2022
Slide 1: Investor Presentation
Investor Presentation For the half year ended 31 December 2021
Slide 2: Disclaimer
Disclaimer Change Financial Important Notice This presentation has been prepared by Change Financial Limited (Change Financial) in good faith. No express or implied warranty is given as to the accuracy or completeness Limited of the information in this document or the accompanying presentation. All
Slide 3: Payments as a Service provider
Payments as a Service provider Change has the vision and Vision Priorities capabilities to simplify payment Simplifying payment experiences experiences worldwide worldwide. Ambition Grow from the Perform with core strong results To be a leading Payments as a Service provider through simple, flexible
Slide 4: Delivering scalable payments solutions
Delivering scalable payments solutions Payments solutions provider, driving innovation in the Banking as a Banking as a Service Service ecosystem. Payments as a Service Payment testing Issuing physical, BNPL, Digital wallets, Transaction Payment Testing All network digital and Apple Pay, Google proc
Slide 5: Global fintech with local expertise
Global fintech with local expertise We have a diverse team of over 85 people with 16m+ cards local knowledge to Scalable payments platform support our loyal Athens Los Angeles and growing client base. 147 Clients in 41 Santo Domingo countries Global footprint 8+ years average tenure Brisbane Melbour
Slide 6: Core strategies to drive growth
Core strategies to drive growth Working with Be Famous Be Competitive Be Different Deloitte, we FY24 analysed our FY22 FY23 products, capabilities and global market opportunities. Evolve Change’s products and explore Change leads the market with Objective growth accelerators innovative payment solut
Slide 7: Core strategies to drive growth
Core strategies to drive growth Our Be Competitive Be Competitive year is focussed on Key Achievements – FY22 to date FY22 integration of our platforms, feature development, ü Significant investment in people and product partnerships and ü Strengthened relationships with existing client base custome
Slide 8: FY22 Key deliverables for growth
FY22 Key deliverables for growth Our Be Competitive year is focussed on integration of our platforms, feature FY22 Q1-Q2 FY22 Q3-Q4 development, partnerships and customer growth. ü Payment Card Industry ü New US Payments as a ü Vertexon SaaS Platform u PaySim SaaS Launch PA-DSS Certification Service
Slide 9: H1 FY22 Results
change. Hi FY22 Results
Slide 10: Financial Performance
Financial Performance Continue to invest in Key Takeaways the business to build Half Year to 31 December u Revenue – strong increase in client interest and opportunities H1 2021 H1 2020² % Change a strong platform to (US$’000) drive future growth. across both Vertexon and PaySim products. Geographic
Slide 11: Revenue Breakdown – H1 FY22
Revenue Breakdown – H1 FY22 Diverse range of Revenue by Product Revenue by Region customers and USA product usage Oceania 10% globally. 43% 29% 56% LATAM Expansive regional presence and a Other 9% platform for future Products growth and 1% SE Asia Rest of the expansion. 49% World 3% Revenue by Clien
Slide 12: H1 FY22 Business Development Update
H1 FY22 Business Development Update Business Development Business Development Activities activities has u 48 opportunities were closed and won in H1 FY22 delivered new u US Payments as a Service Client secured - new US fintech customers and opportunities. Mastercard prepaid card program u Significan
Slide 13: Delivering market leading solutions
Delivering market leading solutions Change is building strategic partnerships to accelerate the roll out of its PaaS platform. Core banking technology Payments platform Mambu has 800 employees that inc. savings, accounts and lending inc. cards, BNPL, Apple Pay support 200 customers in over 65 countr
Slide 14: Thank you.
Thank you. Get in touch investors@changefinancial.com
Slide 15: Appendix
change. Appendix
Slide 16: Statement of Profit or Loss
Statement of Profit or Loss Half Year to 31 December 2021 2020 US$ US$ Revenue & other income 3,768,536 2,139,794 Employee benefits expenses (3,753,504) (2,032,052) Advertising & marketing expense (222,933) (16,207) Program expense (174,643) (19,910) Professional services & insurance expense (514,37
Slide 17: Statement of Financial Position
Statement of Financial Position Balance at 31 Dec 2021 30 Jun 2021 US$ US$ Cash and cash equivalents 1,564,098 4,019,001 Trade and other receivables 2,472,094 2,360,898 Contract assets 69,480 184,864 Current tax asset 64,766 - Other current assets 318,821 183,339 Total Current Assets 4,489,259 6,748
Slide 18: Statement of Cash Flows
Statement of Cash Flows Half Year to 31 December 2021 2020 US$ US$ Receipts from customers 4,307,774 1,082,858 Payments to suppliers and employees (5,761,800) (3,377,325) Interest received - 5,439 Interest paid (13,488) (6,996) Government grant programs - 60,547 Net cash used in operating activities
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