Frontier Digital Ventures Ltd. · ASX:FDV
Frontier Digital Ventures — Shareholder Meeting (June 2021)
17 slides from Frontier Digital Ventures's shareholder meeting presentation, Jun 17, 2021
Slide 1: Leading Online Marketplaces in Emerging Markets
LEADING ONLINE MARKETPLACES IN EMERGING MARKETS ANNUAL GENERAL MEETING | 17 JUNE 2021
Slide 2: FDV at a glance
FDV at a glance ― Operator of 16 market leading online marketplaces across 21 high growth emerging markets ― Portfolio revenes have quadrupled since IPO in August 2016 to A$63.1m in FY20 (100% basis) ― Significant experience at some of the best ASX online marketplace companies, with successful track
Slide 3: A Global Leader
A GLOBAL LEADER Our mission is to become the leading global operator of online marketplaces in emerging markets A$215B A$18B A$0.5B Market capitalisation Market capitalisation Market capitalisation (AMS:PRX) (OL:ADE) (ASX:FDV) Global portfolio of leading Global portfolio of online Global portfolio o
Slide 4: Recap of FDV Strategy Evolution
RECAP OF FDV STRATEGY EVOLUTION Consistent execution of strategy since IPO in August 2016 <2016 2017-2018 2019-2020 2021 and beyond Establish portfolio Portfolio optimisation Progress to Increase ownership and growth profitability levels ✓ Restructured portfolio around ✓ Acquired 4 market leading ✓
Slide 5: Proven Business Model
PROVEN BUSINESS MODEL Focused on acquiring or partnering with companies to unlock significant transactional revenue opportunities FDV PROVIDES VALUABLE STRATEGIC OVERSIGHT AND SUPPORT Identify Strengthen Increase Move closer to opportunities market ownership the transaction leadership Identify early
Slide 6: Expanding Global Footprint
EXPANDING GLOBAL FOOTPRINT Leading online marketplace portals across high growth emerging markets DEVELOPING ASIA CENTRAL & SOUTH AMERICA MENA Established position across property and Highly strategic footprint offering Strategic presence Moroccan and auto verticals with opportunities to unique and
Slide 7: Developing Asia
DEVELOPING ASIA Significant footprint across key verticals with opportunities to consolidate ownership positions FDV ownership (%) 30% Ownership of market leading portals across 4 markets, with a bias towards higher value property vertical 37% Established footprint in dynamic region with opportuniti
Slide 8: Central & South America
CENTRAL & SOUTH AMERICA Unique and diversified exposure to 12 highly attractive markets, with strong property bias FDV ownership (%) 100% ownership facilitates greater control, economic benefits and flexibility for monetisation opportunity 100% Proximity of InfoCasas, Fincaraíz and Encuentra24 creat
Slide 9: MENA
MENA Strategic investment in select, fast emerging markets FDV ownership (%) 100% Avito and Tayara have lauched of pilot projects with property developers providing a clear path to facilitating 100% transactions Product and marketing integration between Avito and Moteur driving increased traffic and
Slide 10: Delivering on Our Growth Strategy
DELIVERING ON OUR GROWTH STRATEGY Strong and consistent growth since IPO supports significant equity value creation FDV revenue growth since IPO (A$m, FDV % share basis) 44.01 COVID-19 impacted 22.3 23.7 COVID-19 impacted 14.0 8.5 3.8 2016 2017 2018 2019 2020 1Q 2021 annualised Note: Figures quoted
Slide 11: Risk-Return Trade-off Optimisation
RISK-RETURN TRADE-OFF OPTIMISATION Diversification across key regions and verticals optimalises risk-return profile REVENUE BY GEOGRAPHY REVENUE BY VERTICAL1 REVENUE BY BUSINESS (1Q 2021, FDV % share basis) (1Q 2021, FDV % share basis) (1Q 2021, FDV % share basis) MENA Auto 10% Other 18% 15% General
Slide 12: Significant Upside Potential
SIGNIFICANT UPSIDE POTENTIAL Development of transactional marketplace platforms unlocks significant long term value Traditional online classifieds Transaction-based marketplaces $ $ Advertising Advertising Buyer $ Sales Commissions Seller Buyer Seller $ Financing Marketing of $ new projects $ New pr
Slide 13: Case Study – InfoCasas
CASE STUDY – INFOCASAS The FDV playbook in action – apply deep online marketplace knowledge to drive self-sufficiency Revenue and EBITDA Move to 100% ownership as A$000, 100% ownership basis business matures and transaction model de-risked ✓ Pilot new transaction initiatives and products Increase ow
Slide 14: Realising the Portfolio's Full Potential
REALISING THE PORTFOLIO’S FULL POTENTIAL Unparalleled online classified expertise focused on sustainable growth Sell down to existing Current focus shareholders Create additional equity value through active management Sale to financial investor Establish and consolidate Assess monetisation market le
Slide 15: Strong Track Record of Long-Term Value Creation
STRONG TRACK RECORD OF LONG-TERM VALUE CREATION • One of the top global online marketplace executives with a strong track record of long-term value creation • Former CEO of iPropertyGroup (ASX: IPP) and General Manager at REA Group • Spearheaded the transformation of iProperty Group from a US$15m sm
Slide 16: Our clear ambition is to be a leading global player in online marketplace portals
“ Our clear ambition is to be a leading global player in online marketplace portals alongside the likes of Naspers/OLX and Adevinta. As these players reshape their portfolios to focus on larger more developed markets, our focus on emerging markets provides us with a clear pathway to be a global lead
Slide 17: Disclaimer
DISCLAIMER The material contained in this presentation is non-specific and is a summary of the background to the Company’s activities. As this information is in a summary form it is not intended to be complete. Independent advice should be sought by investors or potential investors. The material doe
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