Ras Technology Holdings Limited · ASX:RTH
Ras Technology — FY2022 Earnings Presentation
32 slides from Ras Technology's earnings presentation, Aug 29, 2022
Slide 1: RAS Technology Holdings Limited FY22 Full Year Update
RAS Technology Holdings Limited Racing And Sports Services The Global Wagering Industry Providing Premium Data, Enhanced Content And SaaS Solutions FY22 Full Year Update │ August 2022
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation has been prepared by RAS Technology Holdings Limited ACN 650 066 is given or made by any person (including the Company) in relation to the accuracy or 158 (Company or Racing and Sports) and has been authorised for issue by the Board of completeness o
Slide 3: Business Overview
BUSINESS OVERVIEW RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 4: Business Overview: Global Presence, Coverage and Operations
Business Overview GLOBAL PRESENCE, COVERAGE AND OPERATIONS KEY LOCATIONS KEY STRENGTHS KEY SEGMENTS Head office in Canberra since 1999 with additional satellite offices planned in 2022/2023 Comprehensive Global Database UK office opened in York in 2019 to support UK and Europe operations Racing Bodi
Slide 5: Core Products and Service Offerings
Business Overview CORE PRODUCTS AND SERVICE OFFERINGS Racing and Sports is a leading provider of B2B products, services and solutions for global racing and wagering industries Wagering Technology and Services Wholesale Data, Premium Content & Distribution Digital and Media Automated Fully Automated
Slide 6: Key Customers by Business Line
Business Overview KEY CUSTOMERS BY BUSINESS LINE Wagering Technology and Services Wholesale Data, Content and Distribution Digital and Media Innovative wagering and trading solutions Fully integrated premium racing data and content Content, media, journalism and digital services WAGERING OPERATORS C
Slide 7: Customer Milestones, Services and Tenure
Business Overview CUSTOMER MILESTONES, SERVICES AND TENURE ‣ Longstanding, established customers with the majority on multi-year contracts ‣ Strong track record of product and service expansion Enhanced international data in US format Distribution Partner Additional Trading Manager service Data and
Slide 8: Business Operations
BUSINESS OPERATIONS RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 9: Full Year Highlights
Business Operations FULL YEAR HIGHLIGHTS GREW THE UNDERLYING BUSINESS COMPLETED THE INITIAL PUBLIC GROWTH STRATEGIES • Racing and Sports has continued to grow the business, OFFER • Racing and Sports has focused on expanding with revenue increasing 57% PCP for the 12 months to • On 23 November 2021,
Slide 10: Full Year Highlights: Partnerships and International Reach
Business Operations FULL YEAR HIGHLIGHTS ESTABLISHED STRATEGIC EXPANDED INTERNATIONAL REACH DEVELOPMENT OF SPORTS PARTNERSHIPS DATABASE • Resourcing uptick to take advantage of • Entain Holdings Pty Limited (a subsidiary of Entain opportunities, partnership with XB-Net in the US for • Racing and Spo
Slide 11: Operational Update
Business Operations OPERATIONAL UPDATE Strong trading over FY2022 delivers 57% Annualised Monthly Recurring Revenue (AMRR) increase in revenue and 35% in AMRR year- ($m) over-year Revenue ($m) $8.9m ‣ Increased take-up of Trading Manager platform by $8.3m $6.6m wagering operators, serving also as th
Slide 12: Continued Momentum into FY2023
Business Operations CONTINUED MOMENTUM INTO FY2023 JULY AUGUST ‣ Expanded Entain Australia agreement to realise $5m ‣ Announced a new partnership with North America’s over 5 years for the supply of enhanced data and leading advanced-deposit wagering (ADW) platform, analytics TVG1, to offer its enhan
Slide 13: Strategic Focus
STRATEGIC FOCUS RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 14: Opportunity Horizon
Strategic Focus OPPORTUNITY HORIZON HORIZON 3 HORIZON 2 SALES HORIZON 1 YEARS Mature Business Rapidly Growing Business Emerging Business FY2022 Executing to defend, extend, and increase Resourcing initiatives to build new businesses Uncovering options for future opportunities and profitability of ex
Slide 15: Global Wagering Market 2020 to 2025F
Strategic Focus GLOBAL WAGERING MARKET 2020 TO 2025F 140 Racing and Sports Strategically Aligned 131 Globally, the largest wagering markets are 13% CAGR the UK, Australia and the US. 105 99 ‣ Racing and Sports has a translated database in English, Chinese, and soon to be released in French $AU Billi
Slide 16: Australia/New Zealand and UK & Europe Update
Strategic Focus AUSTRALIA/ NEW ZEALAND UNITED KINGDOM & EUROPE UPDATE ‣ Continued penetration into the Australian market ‣ Significant scope for growth as more bookmakers, sportsbooks, and ‣ Cross-sell additional products and services to existing customer base aggregators expand online activities ‣
Slide 17: Products Strategy
Strategic Focus PRODUCTS STRATEGY Sports Data and Products Wagering Technology and Services Digital & Media Platforms Development of enhanced sports products for B2B Expansion of the industry leading Trading & Pricing Launch of UK and US digital platforms to promote and B2C offerings Manager platfor
Slide 18: Full Year Performance
FULL YEAR PERFORMANCE RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 19: Key Performance Metrics
Full Year Performance KEY PERFORMANCE METRICS Revenue growth from new customer acquisitions and additional product and service offerings. Underlying EBITDA1 excludes IPO costs and nonrecurring expenses. Annualised Monthly Recurring Revenue ($m) (AMRR) +$0.9m 2 Revenue ($m) Underlying EBITDA ($m) $8.
Slide 20: Key Performance Metrics by Business Line
Full Year Performance KEY PERFORMANCE METRICS Wagering Technology and Services is the fastest growing sector with a 200% increase in AMRR. Continued strong growth in Data and Enhanced Content for both wholesale and specialist segments, with strong demand from international customers. Wholesale Data
Slide 21: Financial Results
FINANCIAL RESULTS RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 22: Non-IFRS Normalised Profit and Loss and Key Metrics
Financial Results NON-IFRS NORMALISED PROFIT AND LOSS1 AND KEY METRICS Normalised Profit and Loss ($m) (Excluding-IPO & non-recurring costs) FY2022 FY2021 % Change ‣ Revenue: 57% growth in FY2022 (vs prior comparative period) Revenue 8.33 5.29 57% was driven by the continued growth of services to ne
Slide 23: Statement of Financial Position
Financial Results STATEMENT OF FINANCIAL POSITION Statement of Financial Position ($m) FY2022 FY2021 % Change ‣ Strong cash position to fund the growth strategies in FY2023. Assets ‣ Trade and other receivables up $1.1m driven by the 57% growth Cash and cash equivalents 10.77 2.05 426% in revenue an
Slide 24: Cash Flows
Financial Results CASH FLOWS Cash flows ($m) FY2022 FY2021 % Change ‣ Receipts from customers: up $5.7m to $8.3m slightly less than Operating cash flows the $3.0m increase in revenue due to the higher trade receivable balance, being a year end timing issue. Receipts from customers 8.34 5.70 46% Paym
Slide 25: Thank You
THANK YOU RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 26: Appendix A: Executive and Board
APPENDIX A: EXECUTIVE AND BOARD RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 27: Executive Team
Executive Team GARY CRISPE STEPHEN CRISPE ANDREW BURNS ROBERT VILKAITIS BRENT DOLAN Executive Director and Chief Chief Executive Officer Chief Financial Officer Chief Technology Officer Managing Director, UK Commercial Director Stephen is an experienced business builder Andrew has over 25 years of e
Slide 28: Board of Directors
Board of Directors KATE CARNELL GARY CRISPE GREG NICHOLS SOPHIE KARZIS JAMES PALMER Non-Executive Chair Executive Director and Chief Non-Executive Director Non-Executive Director Non-Executive Director Kate has held positions at the Australian Commercial Director Greg Nichols is an internationally r
Slide 29: Appendix B: Statutory Financials
APPENDIX B: STATUTORY FINANCIALS RAS TECHNOLOGY HOLDINGS LIMITED (ASX:RTH) INVESTOR PRESENTATION – FULL YEAR RESULTS 30 JUNE 2022
Slide 30: Statement of Profit and Loss for Year Ending 30 June 2022
Statutory Financials STATEMENT OF PROFIT AND LOSS FOR YEAR ENDING 30 JUNE 2022 2022 2021 Statement of profit or loss and other comprehensive income $'000 $'000 Revenue Revenue from contracts with customers 8,328 5,290 Other income 663 644 Expenses Data and processing expenses (735) (319) Employee be
Slide 31: Statement of Financial Position as at 30 June 2022
Statutory Financials STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2022 2022 2021 2022 2021 Assets Liabilities $’000 $’000 $’000 $’000 Current assets Current Liabilities Cash and cash equivalents 10,767 2,049 Trade and other payables 2,171 1,709 Trade and other receivables 1,469 386 Borrowings - 21
Slide 32: Statement of Cash Flows
Statutory Financials STATEMENT OF CASH FLOWS AS AT 30 JUNE 2022 Statement of cash flows 2022 2021 $’000 $’000 Cash flows from operating activities Receipts from customers (inclusive of GST) 8,336 5,702 Payments to suppliers (inclusive of GST) (8,270) (2,963) Receipts from government grants – R&D 1,2
RAS Technology Holdings — FY2022 Earnings Presentation on 6ix