Slide 1: Kambi Group plc Q2 report 2017
@ *Kambi Group plc Q2 report 2017 Kambi
Slide 2: Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
2 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 3: Employees across 6 offices
Employees across 6 offices 3 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 4: Q2 highlights
− Extended agreement with 888sport for the long- term − New customer agreement: Corredor Empresarial – BetPlay − Solid turnover growth from our operators − Kambi winner of the EGR B2B award ‘Sports betting supplier 2017’ 4 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 5: Revenue, Operating Profit, Net cash
Revenue (€m) Operating Profit (€m) Net cash (€m) 16 2.5 23 2 14 22 1.5 12 21 1 10 20 0.5 8 0 19 Q2 2017 Q2 2016 5 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 6: Operator turnover increased by 16% compared to Q2 2016
300 10.0% 281 277 Operator turnover increased by 16% 275 9.0% compared to Q2 2016, to the second 250 239 242 8.0% 225 221 219 7.0% highest level since inception 203 200 6.0% Operator margin before marketing 175 163 160 5.0% 147 deductibles was 6.3% 150 4.0% 119 124 125 3.0% 109 100 100 90 2.0% 79 75
Slide 7: Revenue growth drivers
25% 20% 15% 10% 5% 0% FX impact Operator Turnover Growth Operator margin impact Taxes/marketing 888 contract renewal Other* Kambi Revenue Growth deductibles impact *Other includes the impact of volume-related commission tiers, fixed revenues and €0.3m contingent asset settlement 7 Q2 Report 2017 CEO
Slide 8: Income statement summary
Revenue 14.1 13.7 28.3 26.9 Operating expenses -13.8 -11.7 -26.7 -23.0 Operating profit 0.3 2.0 1.6 3.9 Finance costs/Tax -0.2 -0.2 -0.4 -0.5 Profit after tax 0.1 1.8 1.2 3.6 8 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 9: Cash flow movement
35,000 34,000 33,000 32,000 31,000 30,000 29,000 Opening cash Operating profit Working capital Amortisation/Depn Development costs Tangible assets Other Closing cash 9 Q2 Report 2017 – CEO Kristian Nylén & CFO David Kenyon
Slide 10: Extension of 888sport agreement
− Major win: long-term extension of Kambi’s premium services to 888sports’ fast growing sport brand − Very successful 4 year partnership − Recognition of Kambi as the Sportsbook supplier of choice − Securing market leadership and continued growth for Increase in 888sports’ both Kambi and 888sport re
Slide 11: Agreement with Corredor Empresarial in Colombia
Agreement signed with Latin America’s largest ‘games of chance’ network – Colombian Corredor Empresarial Key strategic partner in Colombia >25,000 retail outlets with 7m daily customers Kambi to provide its premium sports betting service to BetPlay Kambi’s exposure to Latin America expanded 11 Q2 Re
Slide 12: Winner of Sports Betting Supplier 2017
Winner of the category ‘Sports Betting Supplier 2017’ Recognition of Kambi’s Sportsbook quality service, operator performance and 6 new operators in 18 months Reaffirming Kambi’s position as the industry’s leading B2B Sportsbook provider 12 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 13: Q2 summary
Extension of 888sport’s Solid 16% growth in Strong foundation contract and new customer our operators’ turnover for future growth Corredor Empresarial S.A. 13 Q2 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 14: Thank you
thank you Kambi