Ras Technology Holdings Limited · ASX:RTH
Ras Technology — Shareholder Meeting (November 2024)
17 slides from Ras Technology's shareholder meeting presentation, Nov 22, 2024
Slide 1: Annual General Meeting Presentation
2024 Annual General Meeting Presentation NOVEMBER 2024
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation has been prepared by RAS Technology Holdings Limited ACN 650 066 158 Estimates and projections involve risks and uncertainties and are subject to change based on (Company or Racing and Sports) and has been authorised for issue by the Board of the var
Slide 3: Vision Statement
VISION STATEMENT “To be the global leader in data, analytics and technology for the wagering and racing industries” 3
Slide 4: Executive Summary
EXECUTIVE SUMMARY ENHANCED INFORMATION WAGERING DIGITAL & SERVICES TECHNOLOGY MEDIA • Leading B2B Data Services • Trading Manager Platform • Global media services • Advanced form & analytics • Managed Trading Service • High value advertising • Predictive models & tips • Complete Racing Solution • Di
Slide 5: FY24 Group Highlights
FY24 GROUP HIGHLIGHTS $16.2 $1.9 $18.9 MILLION MILLION MILLION GROUP REVENUE EBITDA ARR¹ +38% vs PCP +$1.7m vs PCP +43% vs PCP Operating leverage increasing $8.3 $2.3MILLION MILLION $187k INFLOW Net Profit CASH Before Tax CASH FLOW FROM Stabilisation of cash ensures company is +$1,335k OPERATIONS we
Slide 6: FY25 Group Highlights – Year to Date to 31st October 2024
FY25 GROUP HIGHLIGHTS –Year to Date to 31st October 2024 $6.8 $18.2 MILLION MILLION GROUP REVENUE ARR¹ +21% vs PCP +35% vs PCP Includes impact of Picklebet transition from MTS to SaaS from September 2024. $0.86 MILLION $232k EBITDA² Net Profit Before +$0.2m vs PCP Tax² +$67k vs PCP ¹AMRR now recogni
Slide 7: Business Highlights
BUSINESS HIGHLIGHTS Providing global online casino Deal leverages RAS’s trading UK based platform provider and sportsbook Stake.com solutions and comprehensive leverages RAS’ comprehensive with their complete racing racing data and insights for racing data, insights and solution. UK based platform p
Slide 8: Financial Performance
FINANCIAL PERFORMANCE REVENUE ANNUAL RECURRING REVENUE Sustained organic revenue growth • FY revenue has almost doubled since +38% +43% FY22 (same year RTH listed on ASX) $18.9m and in the same period our ARR $18.0m $16.2m $20.0m +48% +41% $18.0m has more than doubled. $16.0m $14.0m $16.0m • Third s
Slide 9: FY24 ARR Trends
FY24 ARR TRENDS ENHANCED RECURRING REVENUE BASE, DRIVEN BY CONTINUED SALES MOMENTUM AND KEY STRATEGIC DEALS COMING ONLINE ENHANCED INFORMATION SERVICES WAGERING TECHNOLOGY DIGITAL & MEDIA +28% +65% +39% $14.0m +48% $7.0m $1.4m $11.7m $5.9m +45% $1.2m $12.0m $6.0m +65% $1.2m $10.0m $9.1m $5.0m $1.0m
Slide 10: Return to Profitability
RETURN TO PROFITABILITY Continued strong improvement Operational Cashflows FY21-FY24 in ARR and operating cashflow. $2.0m $20.0m Creating operating leverage ARR- with revenue scaling over a $1.5m Right hand side index $15.0m relatively fixed cost base. $1.0m $10.0m $0.5m $5.0m Proactive and ongoing
Slide 11: Waterhouse VC – Strategic Growth Partnership
WATERHOUSE VC – STRATEGIC GROWTH PARTNERSHIP • Strategic global partnership to accelerate growth and expand the pipeline of opportunities for Racing and Sports. • Waterhouse VC will provide RAS access to their extensive global network led by industry veteran, Tom Waterhouse. • Opportunities will be
Slide 12: Strategic Outlook
STRATEGIC OUTLOOK Key deals in place from Strategic partnership with Tom Strong and diverse pipeline supporting commencement of FY25 have Waterhouse VC Fund is expected continued strong growth, with major contributed to strong revenue to accelerate global growth. opportunities in the UK, Europe and
Slide 13: Appendix
APPENDIX
Slide 14: Profit and Loss Statement
PROFIT AND LOSS STATEMENT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024 COMMENTS Jun 2024 Jun 2023 $’000 $’000 Revenue Revenue from contracts with customers 16,181 11,720 Other income 1,696 1,573 • Overall net profit before tax of $187k, first before tax profit since listing on the ASX. Expenses Data an
Slide 15: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024 Jun 2024 Jun 2023 $’000 $’000 Assets Current assets Cash and cash equivalents 8,348 8,683 COMMENTS Trade and other receivables 3,611 2,199 Contract assets 291 403 Other assets 237 232 Total current assets 12,487 11,517 • Cash
Slide 16: Cash Flow Statement
CASH FLOW STATEMENT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024 Jun 2024 Jun 2023 Cash flows from operating activities $’000 $’000 COMMENTS Receipts from customers (inclusive of GST) 16,678 11,731 Payments to suppliers and employees (inclusive of GST) (15,859) (12,771) Receipts from government grants
Slide 17: Thank You
THANK YOU investor@racingandsports.com.au www.racingandsports.com.au
RAS Technology Holdings — Shareholder Meeting (November 2024) on 6ix