Ras Technology Holdings Limited · ASX:RTH
Ras Technology — H1 2022 Earnings Presentation
25 slides from Ras Technology's earnings presentation, Feb 21, 2022
Slide 1: Ras Technology Holdings Limited FY22 First Half Update
RAS TECHNOLOGY HOLDINGS LIMITED RACING AND SPORTS SERVICES THE GLOBAL WAGERING INDUSTRY PROVIDING PREMIUM DATA, ENHANCED CONTENT AND SAAS SOLUTIONS FY22 First Half Update │ February 2022 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 1 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation has been prepared by RAS Technology Holdings Limited ACN 650 066 158 To the fullest extent permitted by law, no representation or warranty (expressed or implied) is (Company or Racing and Sports) and has been authorised for issue by the Board of the
Slide 3: Contents
CONTENTS 1. Business Overview 4 2. Half Year Review 8 3. Next Half Plans 12 4. Financial Information 17 Appendix 23 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 3 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 4: 1. Business Overview
1. BUSINESS OVERVIEW RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 4 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 4 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 5: Racing and Sports Overview
RACING AND SPORTS OVERVIEW Global Presence and Operations Key Customers Racing and Sports services the global wagering industry providing premium data, enhanced content and SaaS solutions Key Customer Segments Key Lines of Business Wholesale Data Wagering operators integrate Racing and Sports’ premi
Slide 6: Competitive Advantage
COMPETITIVE ADVANTAGE Comprehensive Long standing Innovative Highly wagering Built for global customer scalability respected and database relationships and trading trusted brand solutions Comprehensive Majority of Suite of products Highly scalable Global profile and global database customers on and
Slide 7: Global Wagering Industry Overview
GLOBAL WAGERING INDUSTRY OVERVIEW 1 Racing and Sports provides premium data, enhanced content and a SaaS solutions for key markets and emerging wagering regions outlined below UK 150,000 thoroughbred races across 52 jurisdictions Japan $174 billion in wagering turnover 664 $24.4B ~10,000 ~18,200 $43
Slide 8: 2. Half Year Review
2. HALF YEAR REVIEW RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 8 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 8 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 9: Key Performance Metrics
KEY PERFORMANCE METRICS Revenue growth from new customer acquisitions and additional product and service offerings. Underlying EBITDA excludes IPO costs and non recurring expenses. Revenue ($m) Underlying EBITDA ($m) Annualised Monthly Recurring Revenue ($m) (AMRR) $1.4m $4.3m +90% $1.1m $8.9m +89%
Slide 10: Growth
GROWTH Wagering and technology is the fastest growing sector with >8 fold increase in AMRR. Continued strong growth in Data and Enhanced Content for both wholesale and specialist segments, with strong demand from international customers. Annualised Monthly Recurring Revenue REVENUE BY JURISDICTION W
Slide 11: 1H FY22 in Review
1H FY22 IN REVIEW ✓ Completed the Initial Public Offer ✓ Expanded its Board & Executive Team ✓ Grew The Underlying Business • On 23 November 2021, RAS Technology Holdings • Racing and Sports has been a longstanding provider • Racing and Sports continued to grow the business Limited (RTH) completed a
Slide 12: 3. Next Half Plans
3. NEXT HALF PLANS RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 12 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 12 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 13: Growth Strategy
GROWTH STRATEGY Racing and Sports has the strategic relationships and experience, combined with premium data, enhanced content and a SaaS technology solutions to take advantage of Australian and global opportunities US Strategy UK/Europe Strategy Sports Expand Wagering Technology Developing premium
Slide 14: Focus for 2H and Beyond
FOCUS FOR 2H AND BEYOND Racing and Sports is well positioned to capitalise on growth opportunities, with its growth strategy focused on extending its geographic and product reach • Continued establishment of a strong footprint in the UK and Europe with the hire of key resources for the expansion of
Slide 15: Resources Aligned to Growth Strategy
RESOURCES ALIGNED TO GROWTH STRATEGY Adam Stephan-Slade Business Operations Manager 15 Years Project & Program management and technology delivery experience Chris Rann Simon Kennedy Head of Digital Strategy (Global) Head of North American Strategy & Operations 20 Years Sports & Digital Media experie
Slide 16: Product Expansion - Wagering Technology
PRODUCT EXPANSION - WAGERING TECHNOLOGY Racing and Sports is focusing on new products targeting wagering operators with potential for revenue expansion Product Trading Manager EziBetta1 / ProBetta Wagering-360 Platform OddsGrid Wagering tool that allows a Wagering technology that Full-featured and t
Slide 17: 4. Financial Information
4. FINANCIAL INFORMATION RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 17 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 17 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 18: Key Financial Metrics
KEY FINANCIAL METRICS Revenue ($m) Gross Profit ($m) Underlying EBITDA ($m) $4.3m $3.6m +90% $1.4m +93% 84% of total revenue $1.1m $2.2m $1.9m 83% of total revenue Dec 2020 Dec 2021 Dec 2020 Dec 2021 Dec 2020 Dec 2021 Notes: 1. Underlying EBITDA, refer to slide 19 RAS TECHNOLOGY HOLDINGS LIMITED (AS
Slide 19: Non IFRS Normalised Profit and Loss and Key Metrics
NON IFRS NORMALISED PROFIT AND LOSS1 AND KEY METRICS 31-Dec-21 Notes: (Excluding-IPO & % Normalised Profit and Loss ($m) 31-Dec-21 non-recurring costs) 31-Dec-20 Change • Revenue: 90% growth in 1H FY22 (prior comparative period) was driven by Revenue 4.28 4.28 2.25 90% continued growth of services t
Slide 20: Financial Position
FINANCIAL POSITION 31-Dec-21 30-Jun-21 Statement of Financial Position % Change Notes: $m $m Assets • Strong cash position to fund the growth strategies in FY22 and FY23. Cash and cash equivalents 12.28 2.05 499% • Trade and other receivables up $0.6m driven by growth in revenue of 90%. Trade and ot
Slide 21: Cash Flows
CASH FLOWS 31-Dec-21 31-Dec-20 Notes: Cash flows % Change $m $m • Receipts from customers: up $1.2m to $3.8m slightly less than the $2.m in Receipts from customers 3.83 2.63 46% revenue due to the higher trade receivable balance. Payments to suppliers and employees (3.41) (1.26) 171% • Payments to s
Slide 22: Statement of Profit or Loss and Other Comprehensive Income
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME Consolidated 31 December 2021 31 December 2020 $ $ Revenue Revenue from contracts with customers 4,278,178 2,247,206 Other income 281,934 511,548 Expenses Data and processing expenses (325,312) (151,540) Employee benefits expenses (1,871,643
Slide 23: Appendix
APPENDIX RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 23 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021 RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) 23 INVESTOR PRESENTATION - HALF YEAR RESULTS 31 DEC 2021
Slide 24: Experienced Leadership
EXPERIENCED LEADERSHIP Gary Crispe Stephen Crispe Andrew Burns Robert Vilkaitis Brent Dolan Executive Director and Chief Chief Executive Officer Chief Financial Officer Chief Technology Officer Commercial Director, UK Commercial Director Gary is a co-founder of Racing and Stephen is an experienced b
Slide 25: Board of Directors
BOARD OF DIRECTORS Kate Carnell Gary Crispe Greg Nichols Sophie Karzis James Palmer Non-Executive Chair Executive Director and Chief Non-Executive Director Non-Executive Director Non-Executive Director Commercial Director Kate Carnell is an experienced Gary is a co-founder of Racing and Greg Nichols
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