Deliveroo — Q1 2021 Earnings Presentation
11 slides from Deliveroo's earnings presentation, Oct 22, 2021
Slide 1: Deliveroo Q1 2021 Trading Update
Deliveroo The definitive online food company Q1 2021 Trading Update 1
Slide 2: Business highlights: +114% orders growth, +130% GTV growth
Business highlights | Our relentless focus on our marketplace & innovation has driven strong results: +114% orders growth, +130% GTV growth Highly engaged marketplace Proven innovations Strong growth in Q1 Consumers: 7.1 million monthly Plus: +140%YoY Growth Group Group active consumers in subscribe
Slide 3: Q1 Results: Growth has accelerated for the fourth straight quarter
Q1 Results |Our growth has accelerated for the fourth straight quarter Orders GTV m, global £m, global 27% 45% 65% 77% 114% 26% 61% 72% 92% 130% x% Year-over-year growth Source: Management accounts. All figures excluding Germany and Taiwan discontinued operations 3
Slide 4: Monthly active consumer base has grown +91% since Q1 2020
Q1 Results |Our monthly active consumer base has grown +91% since Q1 2020 Average monthly active consumers Average monthly order frequency m, global #, global +91% Source: Management accounts. All figures excluding Germany and Taiwan discontinued operations 4
Slide 5: Q1 Results: UK & Ireland
Q1 Results |UK & Ireland Orders GTV Highlights m £m ● Rapid geographic expans ion with 22% 46% 78% 82% 121% 27% 67% 89% 98% 142% +6m more people in coverage; now cover >60%of population ● S trengthened leaders hip in London (inc s uburbs ) 1 : GTV growing +120% YoY in Q1 ● S trong growth acros s all
Slide 6: Q1 Results: International
Q1 Results |International Orders GTV Highlights m £m ● Mix of different lockdown 32% 43% 54% 72% 108% 24% 56% 56% 86% 119% res trictions acros s markets ● Rapid rollout of ODG across markets with major partners: Carrefour acros s Europe, Conad in Italy and Giant in S ingapore ● Continue to drive ado
Slide 7: Strong balance sheet and liquidity
Strong balance sheet and liquidity Cash and cash equivalents £m, pro forma 1 ● S ignificantly s trengthened balance s heet following IPO with pro forma cas h and cas h equivalents balance of c.£1.5bn ● Rais ed £150m revolving credit facility from Goldman S achs , J P Morgan, Bank of America, Citi an
Slide 8: Reminder: outlook for 2021
Reminder: outlook for 2021 2019A 2020A 2021 GTV 59% 64% 30-40% growth Gross profit 7.6% 8.8% 7.5-8.0% % GTV Source: Management accounts, Historical Financial Information. All figures excluding Germany and Taiwan discontinued operations 8
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Slide 10: Appendix
Appendix 10
Slide 11: Financial KPIs
Financial KPIs £m FY2019 Q1 20 Q2 20 Q3 20 Q4 20 FY2020 Q1 21 Group Orders (m) 115 33 41 45 58 178 71 % year-over-year 64% 27% 45% 65% 77% 55% 114% GTV 2,481 715 989 1,035 1,338 4,077 1,647 % year-over-year 59% 26% 61% 72% 92% 64% 130% Gross profit 189 358 % of GTV 7.6% 8.8% Adj. EBITDA (232) (10) %