Ten Square Games Sa · GPW:TEN
Ten Square Games Sa — Corporate Update (July 2021)
19 slides from Ten Square Games Sa's corporate update, Jul 2, 2021
Slide 1: Company update
‘ -— & ten square games COMPANY UPDATE July 2, 2021
Slide 2: Rortos acquisition, Fishing Clash China, Sisu Game Ventures investment
1 Rortos acquisition Entry to rapidly growing flight simulators segment 2 Fishing clash china One of the largest and fastest growing mobile gaming markets 3 Sisu game ventures - investment Market insight leverage
Slide 3: Rortos acquisition
Rortos acquisition
Slide 4: About Rortos
ABOUT RORTOS • The largest player in a highly attractive flight simulation segment with a unique proprietary tech and over 200m lifetime installs • 3 main live titles and 3 titles under development – both commercial and military flight subgenres • 18-20’ CAGR revenue of ca. 48% and 18-20’ CAGR EBITD
Slide 5: Key Rortos titles
Key rortos titles Airline commander REAL FLIGHT SIMULATOR EXTREME LANDINGS F2P, IAP and Ads monetization Premium and Subscription monetization IAP and Ads monetization Launched in July 2018 Launched in July 2019 Launched in August 2014 • Conquer routes worldwide, fly amid real traffic and build your
Slide 6: Development pipeline – dogfight game
Development pipeline – dogfight game Dogfight game F2P, IAP and Ads monetization Currently in closed Beta • The most advanced dogfight game on mobile offering intense multiplayer battles at 60FPS • Thousands of upgrades and customizations with plenty of maps and game modes • Over 80 World War II pla
Slide 7: Potential of simulation market
Potential of simulation market 2019 2021 • Investment hypothesis 27% assumes that flight Total Mobile Market $68.5bn $87.1bn simulator segment has significant potential 100% Simulation Market $4.2bn $8.4bn comparable to fishing and hunting Downloads in 2020 41m Fishing 10m Hunting 25mRORTOS Clash Cl
Slide 8: Investment rationale
INVESTMENT RATIONALE Diversification of TSG’s revenue and portfolio – flight simulators as a new pillar in 1 TSG’s portfolio Fast growth segment – flight simulators are one of the fastest growing mobile gaming 2 categories 3 The leading flight simulators studio – largest catalogue of mobile flight s
Slide 9: Synergy potential
Synergy potential Introduction of User Acquisition and Marketing – using TSG’s smart growing approach Leverage on TSG product know-how - deployment of the ”Clash metagame” solution - introduction of live-ops Deploy TSG’s Machine Learning systems Application of Business Intelligence solutions Provide
Slide 10: Integration and development plan
Integration and development plan First 6 months Next 12 months • Implement TSG Machine • Build User Acquisiton • Long-term engagement • Long-term retention Learning systems competence • Provide Customer • Share game Support and VIP service development • Monetization • Players’ motivation out of Wroc
Slide 11: Transaction insights
Transaction insights Enterprise Value: • No additional approval of an EUR 45.0M antitrust authority is required. • Completion of the transaction is expected in the upcoming week. Equity Value: EUR 46.7M • Implied valuation multiple of 9.8x EV/EBITDA • 100% shares of RORTOS to be acquired by Ten Squa
Slide 12: Fishing Clash in China
Fishing clash in china
Slide 13: Fishing Clash journey to China
Fishing clash journey to china The Journey • Day-to-day cooperation with Initial NetEase on product development Final Agreement • Preparation of localized version approval – • Final adjustments to the Chinese with • Adjustments to Chinese FC on ISBN market license NetEase regulatory requirements Pre
Slide 14: Sisu Game Ventures - investment
Sisu game ventures - investment
Slide 15: Cooperation with top VC fund globally
Cooperation with top vc fund globally • We have declared investment up to USD 3m in Sisu Game Ventures of which USD 1.2m will be transferred after first capital call (July 2021) • Sisu is the most active VC fund in the games industry with 58+ Selected portfolio studios investments, reviewing over 15
Slide 16: Strategy status
Strategy status Fully diversified and dynamically expanding platform +The growing position of Hunting Clash and Fishing Clash Wroclaw Hub +New Clash type games in the pipeline +The opening of new Berlin studios (Warsaw, Berlin, Bucharest Bucharest) Spokes Warsaw +New DNA games in the pipeline +RORTO
Slide 17: Q&A session
Q&A session
Slide 18: Thank you!
Thank you! IR Contact Bartłomiej Piekarski bartlomiej.piekarski@tensquaregames.com +48 667 872 742
Slide 19: Legal disclaimer
LEGAL DISCLAIMER • Neither this presentation (the “Presentation”, references to which shall be deemed to include any information which has been or may be supplied in writing or orally in connection herewith or in connection with any further enquiries) nor any copy of it nor the information contained