8I Holdings Ltd. · ASX:8IH
8I — Shareholder Meeting (July 2020)
29 slides from 8I's shareholder meeting presentation, Jul 23, 2020
Slide 1: 8I Holdings FY2020 Annual General Meeting
8I Holdings FY2020 Annual General Meeting
Slide 2: Agenda
01 OUR ECOSYSTEM 02 KEY DEVELOPMENTS 03 FINANCIAL REVIEW 04 SEGMENT UPDATE AGENDA FINANCIAL EDUCATION TECHNOLOGY FINANCIAL ASSET MANAGEMENT 05 LOOKING AHEAD 06 Q & A
Slide 3: 8I Ecosystem: Dual Engines
8I ECOSYSTEM DUAL FINANCIAL EDUCATION ENGINES TECHNOLOGY FinEduTech arm of the Group operating under the brand name VI. FINANCIAL ASSET VI makes investments smarter, faster MANAGEMENT and easier with results-oriented and process-driven analysis powered Powered by research-driven by technology, and p
Slide 4: Key Developments in FY2020
KEY DEVELOPMENTS IN FY2020 él
Slide 5: Key Developments in FY2020
KEY DEVELOPMENTS IN FY2020 FINANCIAL EDUCATION TECHNOLOGY •Return to Profitability Through Realised Synergies •Milestone Year in 3-Year Strategic Transformation Plan (Since FY2019) •Rebrand: We Are VI FINANCIAL ASSET MANAGEMENT •Concluded Divestment of Non-Core and Non-Synergistic Businesses •Gradua
Slide 6: Financial Review
FINANCIAL REVIEW él
Slide 7: Financial Review
FINANCIAL REVIEW Net Loss Attributable To Revenue (S$’m) Total Expenses (S$’m) Owners Of The Company (S$’m) 30 25.3 40 32.8 0 9.4* 30 20 -3.7 20 -5 11.9 14.5 10 10 -10 -10.2 0 0 -15 FY2019 FY2020 FY2019 FY2020 FY2019 FY2020 Loss per Share Operating Cash Flow Cash and Cash Equivalents (Singapore doll
Slide 8: Segment Update: FinEduTech
SEGMENT UPDATE SEGMENT UPDATE FinEduTech
Slide 9: Return to Profitability Through Realised Synergies
SEGMENT UPDATE - FINEDUTECH Return to Profitability Through Realised Synergies
Slide 10: Milestone Year in 3-Year Strategic Transformation Plan
SEGMENT UPDATE - FINEDUTECH Milestone Year in 3-Year Strategic Transformation Plan (Since FY2019)
Slide 11: Rebrand: We Are VI
SEGMENT UPDATE - FINEDUTECH Rebrand WE ARE VI • Stay agile Homage for • Nimble our history • Light and essence • Lean of our future Niche space “i” pivoted up to constantly more FIN EDU TECH forward and onwards
Slide 12: Digital Transition Accelerated Amid Global Pandemic
SEGMENT UPDATE - FINEDUTECH Digital Transition Accelerated Amid Global Pandemic
Slide 13: Building a Recurring Revenue Model With Technology (80:20 Strategy)
SEGMENT UPDATE - FINEDUTECH Building a Recurring Revenue Model With Technology (80:20 Strategy) Strategy 80:20 Integrated business model 80% online, 20% offline Target business earnings 80% recurring, 20% non-recurring SaaS approach via VI App High-quality recurring revenue and positive cashflow Con
Slide 14: Acquisition - Point Strategy
SEGMENT UPDATE - FINEDUTECH 3 - Point Strategy 01 Acquisition Develop high quality digital assets and robust content
Slide 15: Acquisition - Point Strategy
SEGMENT UPDATE - FINEDUTECH 3 - Point Strategy Total User Growth Rate 01 9% 183% Acquisition CMGR* LTM* *CMGR: Compound Monthly Growth Rate; LTM ending Mar 2020 Improve brand awareness and loyalty through engagement and showcase 11% 262% CMGR* LTM* *CMGR: Compound Monthly Growth Rate; LTM ending Jun
Slide 16: Retention - Point Strategy
SEGMENT UPDATE - FINEDUTECH 3 - Point Strategy Page View Growth Rate 02 14% 404% CMGR* LTM* Retention •Active engagement of VI Community on Social Bubble and on-going support *CMGR: Compound Monthly Growth Rate; LTM ending Mar 2020 •Instil customer-centric culture and mindset •Build and invest in ap
Slide 17: Technology Development - Point Strategy
SEGMENT UPDATE - FINEDUTECH 3 - Point Strategy 03 Technology Development •Build on existing and new features •Enhance user experience with technology 8IH AGM 23 JULY ’20
Slide 18: Cementing Our Positions In Core Markets
SEGMENT UPDATE - FINEDUTECH Cementing Our Positions In Core Markets 35,000 lives inspired Focus in English, Chinese and Malay language-speaking markets 4,714 102 VI College graduates New VI College in FY2020 batches in FY2020 6,975 Streamlined operations across offices in VI College graduates Singap
Slide 19: Refining Our Programs
SEGMENT UPDATE - FINEDUTECH Refining Our Programs Refinement of programme To cater to diverse needs Digital transformation of programmes with technology for growing community
Slide 20: Update: Financial Asset Management
SEGMENT UPDATE SEGMENT UPDATE FINANCIAL ASSET MANAGEMENT
Slide 21: Hidden Champions Fund Class 1 Performance
SEGMENT UPDATE - FINANCIAL ASSET MANAGEMENT Hidden Champions Fund (“HCF”) Class 1 Performance Index chart based on NAV HCF Class 1 rebounded 42% from March to June 2020 135 135 130 128.7 125 120 115 110 105 100 95 90 85 80 75 70 130 125 120 115 110 106.4 Index 105 100 98.3 95 90 86.3 85 80 75 70 9 e
Slide 22: Divestment From Non-Core and Non-Synergistic Businesses
SEGMENT UPDATE - FINANCIAL ASSET MANAGEMENT Divestment From Non-Core and Non-Synergistic Businesses Retained Investment in Complementary Businesses E.G. AutoWealth - Expertise and Experience in FinTech Industry
Slide 23: Optimising Working Practices and Operation with Technology
INNOVATION AND DIGITALISATION Embracing New Ways Of Working Optimising Working Practices and Operation with Technology
Slide 24: Digitalise across Multiple Formats
INNOVATION AND DIGITALISATION Embracing New Ways Of Working Digitalise across Multiple Formats •Digital name cards •Interactive Annual Report (8VI) •Electronic communications enrolment •Webcast for Annual General Meeting
Slide 25: Preparation of long-term infrastructure
INNOVATION AND DIGITALISATION Embracing New Ways Of Working Preparation of long-term infrastructure •‘touchless’ environment •Establishing virtual broadcast and production studios in Singapore and Malaysia
Slide 26: Looking Ahead
LOOKING AHEAD él
Slide 27: Looking Ahead: FinEduTech
LOOKING AHEAD FINEDUTECH Focus on 3-point strategy and continuous innovation
Slide 28: Looking Ahead: Financial Asset Management
FINANCIAL ASSET MANAGEMENT Remain committed to investment process, introduce technology-focused initiatives LOOKING to digitalise thinktank and methodology AHEAD
Slide 29: Deepen synergy between dual engines to create greater value
LOOKING AHEAD Deepen synergy between dual engines; FinEduTech and Financial Asset Management, to create greater value “ At 8I, we continue to strengthen our business ecosystem on a single platform – leveraging the power of AI, big data and machine learning that sharpens our competitive edge, sharing