Slide 1: XP Factory plc Annual Report and Accounts 2022
Slide 2: Disclaimer
DISCLAIMER XPFACTORY The information contained in this document ("Presentation") has been prepared by XP Factory plc {the "Company"}. This Presentation has not been opproved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 and therefore it is being
Slide 3: Agenda
AGENDA Richard Harpham Graham Bird Chief Executive Officer Chief Financial Officer * Operating highlights + Brands performance + Post period highlights + Summary and outlook + Financial performance * Cashflow + Financial position 3 xpfactory
Slide 4: Overview of FY22
OVERVIEW OF FY22
Slide 5: Operating Highlights FY22
OPERATING HIGHLIGHTS FY22 Total revenue LFL sales growth £22.8m EH: 24% (FY2021: £7.0m) (FY21: 22%) Boom: NA Adj EBITDA (Pre IFRS 16) Operating profit £2.6m £1.2m (FY2021: loss £0.6m) (FY2021: £0.5m loss) Capital invested New site openings £9.2m 24 (FY2021: £2.7m) (FY2021: 6) Cash balance Customer s
Slide 6: Key Metrics
KEY METRICS • • • • • • * Adjusted for VAT benefit in 2021
Slide 7: Key Metrics
KEY METRICS 27 sites open and trading by the end of FY22 (FY21:8) £9.5m owner-operated revenue delivered (FY21:£0.3m) £1.5m franchise royalty received (FY21:£0.1m) EBITDA profile maturing in line with expectations with “older” sites hitting 25% 15% EBITDA delivered across all units, despite new site
Slide 8: Transformational Financial Performance
TRANSFORMATIONAL FINANCIAL GROWTH PERFORMANCE The successful integration of Boom Battle Bar has been transformational • 346% revenue growth since FY19 reflects the transformational year the business has had. Revenue growth Adjusted EBITDA growth • The sales growth of £18m over 25 3 that period was d
Slide 9: Summary of Financial Statements
SUMMARY OF FINANCIAL STATEMENTS
Slide 10: Financial Performance FY22
FINANCIAL PERFORMANCE FY22 ● ● ● ● ● ● ● ● ● ● 1. Adjusted for VAT benefit in 2021
Slide 11: Cash Flow FY22
CASH FLOW FY22 Investment in the year to develop Boom and EH networks £3.3m cash generated from operating activities £6.3m net investment in tangible and intangible assets © —£7.1m capex on Boom O40 sites offset by £2.5m of landlord contributions e@ = £1.9m capex on Escape Hunt sites offset by £0.4m
Slide 12: Financial Position FY22
FINANCIAL POSITION FY22 ● ● ● ● ● ● ● ● ● ● ● ● ● ●
Slide 13: Post Period Highlights
POST PERIOD HIGHLIGHTS ——
Slide 14: Post Period Highlights Q1 FY23
POST PERIOD HIGHLIGHTS Q1 FY23 • • • • • • •
Slide 15: Summary and Outlook
SUMMARY AND OUTLOOK XP FACTORY • • • • • •
Slide 16: Appendix Slides
APPENDIX SLIDES
Slide 17: At a Glance: Our Brands
AT A GLANCE OUR BRANDS Our 69 venues offer a wide variety of entertainment experiences together with licensed bars delivered with world class hospitality in prime retail or leisure locations. 46 27 Venues Venues Wet led venues home to Experience led venues multiple entertainment home to team based e
Slide 18: Our Brands
OUR BRANDS We create & curate world class lean in entertainment experiences fused with world class hospitality. At XP Factory, our purpose is to bring people together through shared experiences. We strongly believe that life gets a whole lot more exciting the 27 more you throw yourself in, so we’re
Slide 19: Brand Focus: Escape Hunt
BRAND FOCUS As a 360 gaming business that goes beyond the bricks and mortar this gives us access to both depth and scale unique to retail and leisure 5 Star rated, premium team based adventures ESCAPE ROOMS In venue immersive escape adventures or virtual reality ESCAPE HUNT is unique in its position
Slide 20: Brand Focus: Boom Battle Bar
The modularity provided by our multi-experience proposition is distinctly BRAND FOCUS advantageous We can optimize the mix of games and experiences by venue size and location as well as continue to innovate and A unique bar refresh the offer to remain current without the requirement for wholesale ch
Slide 21: Property Pipeline FY22 / FY23
PROPERTY PIPELINE FY22 / FY23
Slide 22: Shareholdings 31 March '23
SHAREHOLDINGS 1 MARCH XP Factory ple Significant shareholders Number of shares % held Total number of shares in issue 150,633,180 100.0% Ordinary shares ‘Shareholder held % held Canaccord Genuity Wealth Management 32,946,854 21.87% CRUX Asset Management 15,633,731 10.38% Hargreaves Lansdown, stockbr
Slide 23: Customer Feedback Boom
CUSTOMER FEEDBACK BOOM • Boom’s customer feedback is outperforming both the leisure sector as a whole, and the competitive socializing competitor set • Lakeside Boom, the only owner- operated site trading for more than the requisite year, has been awarded a TripAdvisor Traveller’s Choice, which reco
Slide 24: Customer Feedback Escape Hunt
CUSTOMER FEEDBACK ESCAPE HUNT • Escape Hunt has continued to delight customers consistently. • All but 2 eligible sites have been awarded TripAdvisor’s Traveller’s Choice, recognizing the top 10% of venues globally. #2 #11 New New New
Slide 25: XP Factory Annual Report and Accounts 2022
xpfactory.. ANNUAL REPORT AND ACCOUNTS 2022