Eml Payments Ltd. · ASX:EML
Eml Payments — Emerchants — H1 FY2016 Earnings Presentation
15 slides from Eml Payments's earnings presentation, Feb 19, 2016
Slide 1: Emerchants 2016 Interim Results Presentation
19 February 2016 For personal use only ASX Market Announcements Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000 EMERCHANTS 2016 INTERIM RESULTS PRESENTATION Emerchants Limited’s (ASX: EML) CEO, Tom Cregan, will today be providing a briefing for shareholders and the investment
Slide 2: 1HFY16 Investor Presentation
For personal use only 1HFY16 Investor Presentation 1
Slide 3: Important Notice
For personal use only Important Notice emerchants refers to the Emerchants Group which contains Emerchants Limited and its We believe the information provided herein is reliable, as of the date hereof, but do not wholly owned subsidiaries including Emerchants Payment Solutions Limited and Store warr
Slide 4: Our Value Proposition
Our Value Proposition For personal use only 3
Slide 5: Key Customer Relationships
Key Customer Relationships For personal use only We manage over 210 prepaid debit programs across 11 countries Consumer Lending Gaming and Wagering Commercial Non- Reloadable Services 4
Slide 6: B2B Non-Reloadable Programs In Australia and Europe
B2B Non-Reloadable Programs In Australia and Europe Core driver of revenue in Australia, pending launch in the UK with Edge Loyalty, strong growth in Italy For personal use only 5
Slide 7: 1HFY16 Operating Highlights
1HFY16 Operating Highlights For personal use only • Launch of Re-loadable programs for bet365, CrownBet and CreditCorp. • Signing of long term agreements with William Hill and Cash Converters (Corporate stores and online lending). • Signed Ladbrokes, bet365 and William Hill for the EachWay cash load
Slide 8: Performance Metrics – 1HFY16 vs 1HFY15
Performance Metrics – 1HFY16 vs 1HFY15 450.0 Graph 1: Total dollars loaded prepaid platform (A$ millions) For personal use only 400.0 A$383.42M Australia - Reloadable 350.0 Australia - Non-reloadable 300.0 Europe - Non-reloadable A$ millions 250.0 A$194.00M +209.7% Total Dollars Loaded: 200.0 +98% 1
Slide 9: Performance Metrics – 1HFY16 vs 1HFY15
Performance Metrics – 1HFY16 vs 1HFY15 2.5 Graph 3: Total number of active accounts (millions) For personal use only 2.25M Australia - Reloadable 2.0 Australia - Non-reloadable 1.63M Europe - Non-reloadable 1.5 Millions Number of Active +57.9% 1.0 Accounts: +38% +11.2% 0.59M +6.0% +8.5% 0.53M 0.5 +2
Slide 10: Profit and Loss
Profit and Loss For the 6 months ended 31 December 2015 6 months 6 months ('000) %∆ to Dec 15 to Dec 14 For personal use only Australia - Reloadable 1,691 2,075 (19%) Australia - Non-reloadable (Gift) 1,916 1,765 9% Europe - Non-reloadable (Gift) 6,953 1,239 461% Total Revenue 10,560 5,079 108% Aust
Slide 11: 1HFY16 Profit and Loss Commentary
1HFY16 Profit and Loss Commentary • EBITDA up 471% to $3.05m. For personal use only • Revenue growth of 108% from $5.08m to $10.56m. Revenue ($A Millions) • Gross Margin up 117% from $3.75m to $8.12m. • Gross margin increased from 74% to 77%, with an even balance between margins in Australia (78%) a
Slide 12: Financials
Financials Statement of Financial Position and Cash Flow for 6 months ended 31 December 2015 6 months 6 months ('000) %∆ For personal use only Dec 15 Dec 14 Cash and cash equivalents 4,094 5,288 (23%) Breakage accrued 5,648 632 794% Other receivables and other assets 5,594 4,654 20% Deferred tax ass
Slide 13: 1HFY16 Balance Sheet Commentary
1HFY16 Balance Sheet Commentary For personal use only • The closing Cash balance and accrued breakage combined totals $9.7m, an increase of 65%. The increase in the breakage accrual is reflective of the strong growth in our European gift card sales in the first half and this will be translated into
Slide 14: 2HFY16 Australian Market Update
2HFY16 Australian Market Update For personal use only • Cash Converters Program launched across all Corporate stores on February 1, with sell-in underway to the remaining 55 franchisee sites. This is expected to add significantly to the volume of Dollars loaded in 2HFY16 and FY17. • Revenue and marg
Slide 15: 2HFY16 European Market Update
2HFY16 European Market Update • Presented to over 30 European gaming operators at the ICE Totally Gaming Convention in London and received a For personal use only positive response from the industry, validating the market opportunity identified and the primary reason for acquiring SFUK in December 2