Slide 1: Indian Management Investor Presentation July 2023
ASX:FND INDIAN MANAGEMENT INVESTOR PRESENTATION JULY 2023
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This presentation (Presentation) has been prepared by Findi Limited (Findi or the Company) and is FORWARD-LOOKING STATEMENTS authorised for release by its Directors. You must read and accept the conditions in this notice before This Presentation contains forward looking
Slide 3: Processing over 1 billion transactions a year, Findi provides bespoke payments services
Processing over 1 billion transactions a year, Findi provides bespoke payments services at scale, in one of the world’s largest developing markets. The Company is at the centre of India’s digital banking revolution where there is deep demand for: • banking without banks; • payments without cards; &
Slide 4: Introducing Findi
INTRODUCING FINDI Findi is an ASX-listed fintech supporting India’s National Mission for Financial Inclusion (NMFI) through our digital banking, last-mile payments and ATM solutions to institutions, businesses and individuals across India… SNAPSHOT WHAT WE DO WHERE WE ARE $67.3M ATM Solutions Deploy
Slide 5: Proven Growth Track Record
PROVEN GROWTH TRACK RECORD Since Findi, under the current Board, acquired 100% of TSI India’s operations, the Group has achieved a series of key milestones that have solidified its position as a central player in the Indian payments solutions market. This successful track record will continue to dri
Slide 6: Investment Themes
INVESTMENT THEMES Findi possesses several compelling investment fundamentals that can be leveraged to drive sustainable & cash flow accretive earnings. Key drivers include growing our ATM portfolio, as well as strategic expansion & innovation within the White Label ATM, digital payments & banking ma
Slide 7: Robust Market Opportunity
ROBUST MARKET OPPORTUNITY In a deep Indian market, fuelled by a growing population, a vast group of unbanked individuals, the substantial circulation of cash, and a prevalent preference for cash transactions, Findi is well-positioned to both assist India in achieving its NMFI objective and transitio
Slide 8: Diversified Operations
DIVERSIFIED OPERATIONS Findi specialises in bespoke ATM deployment & managed services, and digital payments & banking solutions. Our comprehensive offering caters for large financial institutions, small businesses, and individuals seeking fast & secure cash access and digital transactions… Our tradi
Slide 9: Traditional ATM Business
TRADITIONAL ATM BUSINESS We offer Brown Label ATM managed services to financial institutions, and WLA back-end services to leading businesses in India. ATM Solutions benefits from India’s preference for cash transactions, particularly in rural and regional areas… INR1.5+ trillion ATM SOLUTIONS 90% (
Slide 10: Digital Growth Business
DIGITAL GROWTH BUSINESS FindiPay's mission is to build a complete financial ecosystem for micro-to-medium-sized enterprises. Through our physical FindiPay stores, we aim to deliver accessible banking & financial services to rural India, supporting financial inclusivity... 30+ FINDIPAY 10% (FY23 CONS
Slide 11: Financial Performance
FINANCIAL PERFORMANCE FY23 was a successful year for us, marked by a strategic capital raise, and strong financial performance, resulting in the implementation of a dividend policy, a testament to our successful growth strategy… $20M+ $54.5M up 34.4%1 $16.8M up 127.9%1 FY24E Operating Cash Flows Tot
Slide 12: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM The Board of Directors has been instrumental in strategic planning, forecast development, rebranding, and capital management in collaboration with our experienced Executive Team, leveraging deep knowledge of the Indian ATM and digital payments landscape to drive informed
Slide 13: Conclusion
CONCLUSION Key takeaways… 1 Leverage deep & robust market dynamics to drive Findi’s long-term profitable growth… Unlock cross-selling opportunities, improved margins and new revenue streams through executing our 2 WLA strategy… Continue to pursue inorganic growth opportunities for ATM portfolio and
Slide 14: Questions
QUESTIONS 14
Slide 15: Appendix 1: Reconciliation to Statutory Accounts
APPENDIX 1: RECONCILIATION TO STATUTORY ACCOUNTS PROFIT AND LOSS BASIS OF PREPARATION Consolidated Pro FY20 & FY21 TSI Standalone $000’s Forma • Based on the audited accounts of 100% interest in TSI India. FY20 FY21 FY22 FY22 Revenue $42,586 $44,350 $44,362 • The Consolidated Pro Forma Profit and Lo
Slide 16: Appendix 2: Competitive Landscape for ATMs
APPENDIX 2: COMPETITIVE LANDSCAPE FOR ATMS PRODUCT / SERVICE OFFERING ESTIMATED OPERATOR MARKET SHARE ATMs White Label ATM First Line ATM Managed Payment Utility (%)* Equipment ATM E-Surveillance* Maintenance Services Processing* Companies* Supply Management 7% P P P P P P P 11% P P P P O P O 9% P P
Slide 17: Appendix 3: Comparable Companies
APPENDIX 3: COMPARABLE COMPANIES ATM SOLUTIONS & DIGITAL BANKING Enterprise FY23 EBITDA FY24E EBITDA Company Ticker Business Description Market Cap FY23 EBITDA FY24E EBITDA Value Multiple Multiple • Provides omni-channel payment solutions such as ATM and CRM outsourcing, cash AGS Transact management
Slide 18: Contact details
E investors@findi.co I P +61 8 6444 1798 Level 4, 90 William Street, Melbourne 3000 Australia FINTECH DIGITAL PAYMENTS INNOVATION findi.co