Triller Group Inc. · NASDAQ:ILLR
Triller — AGBA Group Holding — Investor Presentation (February 2024)
25 slides from Triller's investor presentation, Feb 27, 2024
Slide 1: Investor Presentation February 2024
Investor Presentation February 2024
Slide 2: Exciting Opportunities Ahead
Exciting Opportunities Ahead Encouraging Macro Environment ▪ 2023 was a tough year for Hong Kong and China. ▪ Current macro environment bolstered by emerging signs of a China recovery. ▪ Plus, support from structural growth from demographics, GBA. AGBA Is Well Positioned For Growth ▪ Response to ext
Slide 3: Encouraging Macro Environment: Emerging Signs of China Macro Improvement
Encouraging Macro Environment Emerging Signs of China Macro Improvement 2023 2024 ▪ 2023: slow global economic growth and faltering PRC recovery = weak Hong Kong economy. ▪ 2024: ▪ Increased visitors: more than 1.2 million Chinese travellers to Hong Kong during 2024 Chinese New Year celebration, sur
Slide 4: Compelling Structural Growth Drivers: China Demographic Development
Encouraging Macro Environment Compelling Structural Growth Drivers China Demographic Development (2023 vs 2050) Huge Future Demand for Retirement Planning Solutions Hong Kong Demographic Development ▪ Aging population in Hong Kong. ▪ 36%+ of HK people will be aged 65 or older by 2065. ▪ 65% of respo
Slide 5: Compelling Structural Growth Drivers: Surging Insurance and Investment Volumes
Encouraging Macro Environment Compelling Structural Growth Drivers Surging (Greater Bay Area Driven) Insurance and Investment Volumes Hong Kong Investment Industry ▪ Chinese investors are generally diversifying away from cash and real estate deposits towards other asset classes, but onshore assets h
Slide 6: Lean and Efficient Business Model
▪ In response to external macro - challenges, we simplified our business model in 2023. ▪ Focus on independent financial advisor channel, tune down non - core projects. ▪ Simplified business model drives substantial efficiencies in middle - and back - office. ▪ The implementation of significant cost
Slide 7: Raised Substantial Growth Funding
AGBA is Well Positioned for Growth Raised Substantial Growth Funding 2024 Private Placement ▪ USD 5 million raised in February 2024. ▪ Bringing in institutional investor plus support from management team. ▪ Raised at premium to current market price. 2024 Asset Sales ▪ Sale of non - core assets fast
Slide 8: Successful Partnership with HSBC Life
1 Jul 2023 Jan 2023 Official Kick - off “Back To Glory” 2023 Annual Product Theme ILAS Re - activation Sales competition; Focus Group, etc… New Product Launch Exclusive Brokerage Distributor for HSBC 150 ILAS Product All - level Engagement Activities Segmented Roadshows & Platform Marketing Support
Slide 9: More Partnership Success Ahead
AGBA is Well Positioned for Growth More Partnership Success Ahead 9
Slide 10: Various Factors Combined to Share Price Decline
1 ▪ End of 2022 , delayed DeSPAC process led to immediate share price challenges. ▪ Delays due to increased SPAC scrutiny and US/China tensions. ▪ Highly uncommon 50% share price “crash” before listing (November 2022). ▪ Early 2023 , general macro - economic and geo - political headwinds drove furth
Slide 11: Today, Material Undervaluation Compared to Peers
Our current valuation is at a substantial discount to various peer groups ▪ No direct comparable companies publicly traded in the US, Europe or Asia - Pacific region. ▪ Peer group categories contain companies with business models that overlap with what we do. ▪ All peer categories trade at substanti
Slide 12: Opening up a Substantial Valuation Gap
Notes 1 Based on last closed price of US$0.48 as of February 19, 2024. 2 Based on the Company’s estimated 2023 revenue (1) At 4.6x EV/Sales US$325m 2 Valuation Gap: Close to US$300m At 0.5x EV/Sales US$35m 1 Substantial Value To Be Unlocked Opening up a Substantial Valuation Gap Today’s Market Cap 1
Slide 13: Exciting Opportunities Ahead
Exciting Opportunities Ahead 1. Encouraging Macro Environment. 2. Well Positioned for Growth. 3. Substantial Value to be Unlocked. 13
Slide 14: fa uo) ra 7) a a <
fa uo) ra 7) a a <
Slide 15: We Are a One-Stop Financial Supermarket
~1,200 financial advisors ~200,000 customers 1 st Largest Independent Financial Advisor in Hong Kong 3 rd ~800 affiliated clinics ~US$100m projected normalized revenue Operating Track Record 30 Years Major Shareholder Mr. Richard Tsai Workforce 1,500 Products Insurance: 700+ Investment: 1,800+ Produ
Slide 16: Organized into Four Principal Businesses
Organized into Four Principal Business How we make money…. Group Distribution Business Sells a wide range of financial products to retail and corporate customers through various types of sales representatives. FinTech Business Invests in FinTech companies capturing strategic benefits as well as fina
Slide 17: A Multi-Year Transformation to Distribution + Platform Business
A Multi - Year Transformation to Distribution + Platform Business Investing more than US $ 200 m, we have leveraged lessons learned from our investments in successful FinTech operations in Europe and U . S . by upgrading and focusing on our high - margin platform business . Traditional Broker - Deal
Slide 18: Group Key Investment Highlights
Group Key Investment Highlights 1. Unique product and service offerings: - B2C: market leading portfolio of wealth and health products - B2B: tech - enabled broker - dealer management platform for advisors 2. Large end - markets with strong macro - economic growth drivers 3. Compelling business mode
Slide 19: Benchmarking to World Best
Benchmarking to World Best https://www.agba.com/media/2023 /08/AGBA - Review - of - Comparable - Companies - August - 2023.pdf 19 19
Slide 20: We Are Internationally Recognized
▪ Selected as a constituent stock to the MSCI Global Micro - Cap Index (MSCI Hong Kong Index), ▪ With effects on 31 August, 2023 . ▪ The MSCI (Morgan Stanley Capital International) Global Micro - Cap Index is compiled by MSCI, a leading provider of global equity indices . The MSCI Global Micro - Cap
Slide 21: International Expansion
International Expansion Growth and Innovation in Financial Services Industry ▪ Announced in April 2023 , AGBA entered into agreement to acquire 100 % of Sony Life Financial Advisers, a Singapore based financial adviser and insurance broker . The acquisition will be completed by May 2024 . ▪ Along wi
Slide 22: AGBA Bolsters Board Expertise to Drive Growth and Innovation
AGBA Bolsters Board Expertise to Drive Growth and Innovation in Financial Services Industry ▪ Over the next 6 months, AGBA intends to redomicile itself to the United States and become a fully - fledged domestic corporation . ▪ Further along our "follow our customers" growth plan, we are also open to
Slide 23: Backed by Impeccable Shareholder
▪ Mr. Richard Tsai is the largest shareholder of AGBA. ▪ The Tsai Family is one of the wealthiest and most respected families in Asia ▪ Mr . Tsai is the Chairman of Fubon Financial and Fubon Group of companies ▪ Fubon Financial is one of the largest home - grown financial institution in Asia with a
Slide 24: Ongoing Comprehensive Disclosures
Ongoing Comprehensive Disclosures www.agba.com/ir 24
Slide 25: Thank You
THANK YOU For further information, please visit www.agba.com @agbagroup Investor Relation Enquires: ir@agba.com +852 5529 4500 Contact us: AGBA Group Holding Limited AGBA Tower, 68 Johnston Road, Wan Chai, Hong Kong
AGBA Group Holding — Investor Presentation (February 2024) on 6ix