Paradise Entertainment Limited · HKEX:1180
Paradise Entertainment — H1 2014 Earnings Presentation
11 slides from Paradise Entertainment's earnings presentation, Aug 28, 2014
Slide 1: Paradise Entertainment Limited 2014 Interim Results
Paradise Entertainment Limited 2014 Interim Results 28 August 2014
Slide 2: 1H2014 Performance Highlights
1H2014 Performance Highlights 1H2014 reported revenue up 50.7% yoy to HKD610million • Casino service contributes 86.9% of revenue • Gaming system contributes 13.1% of revenue EBITDA for the group up 44.1% yoy to HKD113million • Resilient casino service operation performance, Casino service EBITD
Slide 3: Reported 1H2014 Results: Revenue and EBITDA
Reported 1H2014 Results Total reported revenue up 50.7% yoy & EBITDA for the group up 44.1% yoy Total reported revenue (HKD’M) EBITDA for the group (HKD’M) 700.0 120.0 Millions Millions 113.0 610.4 600.0 100.0 +44.1% +50.7% 500.0 78.4 80.0 405.1 400.0 60.0 300.0 40.0 200.0 20.0 100.0 - - 1H13 1H14 1
Slide 4: Reported 1H2014 Results: Profit and Operating Cash
Reported 1H2014 Results Profit from operation up 101.0% yoy & Net cash generated from operation up 323.9% yoy Profit from operation(HKD’M) Net cash generated from operation (HKD’M) 140.0 250.0 Millions Millions 123.3 224.1 120.0 200.0 +101.0% 100.0 150.0 +323.9% 80.0 61.3 60.0 100.0 40.0 52.9 50.0 2
Slide 5: Reported 1H2014 Results: EBITDA by Segment
Reported 1H2014 Results Operating EBITDA for Casino service up 89.2% yoy & Gaming system up 59.7% yoy Operating EBITDA for Casino service (HKD’M) Operating EBITDA for Gaming system (HKD’M) 140.0 40.0 Millions Millions 125.3 35.5 120.0 35.0 30.0 +59.7% 100.0 +89.2% 25.0 80.0 22.2 66.2 20.0 60.0 15.0
Slide 6: Casino Service – Casino Kam Pek Paradise
Casino Service – Casino Kam Pek Paradise Average monthly GGR - GGR at Kampek Paradise remained resilient. In particular, GGR generated from LMGs grew 59.2% yoy 180.00 signifying a high level of adoption of LMG machines. Millions 160.00 (Jul14 GGR) 165.30 140.00 - GGR yielded from tables also surged
Slide 7: Casino Service – Casino Waldo & Lisboa LMG Zone
Casino Service – Casino Waldo & Lisboa LMG Zone Casino Waldo average monthly GGR Lisboa LMG Zone average monthly GGR 45.0 42.8 3,500 +20.2% Thousands Millions 40.0 3,000 2,876 35.6 35.0 2,500 30.0 2,000 +410% 25.0 20.0 1,500 15.0 1,000 10.0 564 500 5.0 - - 2H13 1H14 2H13 1H14 - 138 LMGs were deploye
Slide 8: Gaming System – LT Game
Gaming System – LT Game Gaming system revenue composition - Impressive increase in Recurring income at ~30% in HoH from 1H13, we are expecting more deployment under Recurring income Trading revenue recurring income (profit sharing & daily fee) in the future 100.0 Millions 90.0 - Inventory grew treme
Slide 9: Corporate updates
Corporate updates Cooperation with market leaders in Australia and USA & Canada Our distribution partner in the USA & Canada Our distribution partner in Australia • Established in the 1980s, over 30 years of experience • Australian listed company founded in 1995 in gaming equipment supply, US listed
Slide 10: Key Turnover Drivers for the 2H14 and 2015
Key Turnover Drivers for the 2H14 and 2015 Our focus on grind mass market paid off as our casino management business Grind mass market is the continues to grow rapidly despite overall sector downturn new GGR growth driver Replicating Kam Pek business model to all our new serviced casinos will en
Slide 11: Contact Information
Contact Information Hong Kong Office Investor Relations Unit C, 19/F., Entertainment Building, 30 Queen’s Road Central, Hong Kong SAR Investor Relations Manager Tel: (852) 2620 5303 Fax: (852) 2620 6000 Bryan Wu Email: bryanwu@hk1180.com Macau Office Tel: (852) 2916 0813 Suite 1207, 12/F., Macau Lan
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