Betr Entertainment Limited · ASX:BBT
Betr Entertainment — Investor Presentation (January 2022)
15 slides from Betr Entertainment's investor presentation, Jan 31, 2022
Slide 1: Q2 FY22 Investor Presentation (ASX Announcement)
31 January 2022 ASX Announcement (ASX:BBT) Q2 FY22 Investor Presentation BlueBet Holdings Limited (ASX:BBT) (BlueBet or the Company) is pleased to provide the attached Q2 FY22 Investor presentation. AUTHORISATION This announcement has been authorised for lodgement to the ASX by the BlueBet Board of
Slide 2: Q2 FY22 Investor Presentation & Appendix 4C
Q2 FY22 INVESTOR PRESENTATION & APPENDIX 4C January 2022 Q2 FY22 INVESTOR PRESENTATION 1 JANUARY 2022
Slide 3: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER Acceptance Effect of rounding This presentation has been prepared by BlueBet Holdings Ltd (ACN 647 124 641) (BlueBet). A number of figures, amounts, percentages, estimates, calculations of value and fractions in this presentation are subject to the effect of rounding. B
Slide 4: Key Quarterly Highlights
KEY QUARTERLY HIGHLIGHTS Strong performance in Record Q2 FY22 Turnover of $138.6 million (up 54.8% vs. PCP) driven by a strong Australia as BlueBet Australian Spring Racing Carnival. beats Prospectus forecasts across all Melbourne Cup week delivered new records for weekly Turnover (up 62.2% vs. PCP)
Slide 5: Q2FY22 Key Metrics Dashboard versus PCP
Q2FY22 KEY METRICS DASHBOARD VERSUS PCP Record quarter for Betcount and Turnover driven by 2.7 million 45,087 Bet Count Active Customers¹ growth in Active (+66.1% on PCP) (+76.5% on PCP) Customers $13.8 million 10.0% Net Win Net Win margin (+51.6% on PCP) (-0.2pp on PCP) $138.6 million $292 Turnover
Slide 6: Key Q2 & FY22 (6 Months) Metrics
KEY Q2 & FY22 (6 MONTHS) METRICS Q2 FY21 Q2 FY22 PCP FY21 FY22 PCP 45,087 25,540 ACTIVE CUSTOMERS¹ +76.5% Q4 FY20 Q4 FY21 $138.6m $89.5m $264.5m TURNOVER +54.8% $164.7m +60.6% Q4 FY20 Q4 FY21 FY20 FY21 $18.4m $36.5m $11.5m GROSS WIN +59.4% $21.1m +73.0% Q4 FY20 Q4 FY21 FY20 FY21 13.8% 13.3% 12.9% 12
Slide 7: Active Customers
ACTIVE CUSTOMERS¹ +76.5% Effective marketing investment drives 45,087 customer acquisition momentum 39,195 32,472 26,824 25,540 23,927 22,289 20,045 19,479 20,217 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 1. Customers who have placed a cash bet in the 12 months
Slide 8: CY21 Key Metrics versus Prospectus
CY21 KEY METRICS VERSUS PROSPECTUS BlueBet beats CY21 Prospectus forecasts across all 8.8 million 45,087 key metrics Bet Count Active Customers¹ (+14.1%) (+13.2%) $47.1 million 10.6% Net Win Net Win margin (+18.2%) (+0.4pp) $444.6 million $292 Turnover Cost per First time Depositor (+13.9%) (-31.8%)
Slide 9: Q2 Turnover by Product
Q2 TURNOVER BY PRODUCT Turnover of $138.6m up 55.2% vs. PCP and driven by strong growth across all wagering products FY22 $138.6m Q2 Thoroughbred Greyhound Harness Sport Turnover $77.7m $35.4m $12.4m $13.1m (FY22 Q2) 56% 25% 9% 10% +59.9% +42.8% +54.5% +63.0% FY21 $89.5m Q2 $48.6m $24.8m $8.0m $8.1m
Slide 10: Mobile First Focus & Customer Acquisition
MOBILE FIRST FOCUS & CUSTOMER ACQUISITION Increased marketing & Turnover ($ million) and Net Win (%) by channel (FY21Q2- FY22Q2) $1,119 advertising spend drove an 87% increase in First 90.0 $1,044 Time Depositors and 77.5 80.0 healthy CFTD to annual 10.6% customer value ratio of 70.0 +67% 3.6x 60.0
Slide 11: New BlueBet Android & iOS Apps
NEW BLUEBET ANDROID & IOS APPS New codebase produces fastest app Brand new app interface brings ever and agile enhanced user experience platform to develop & optimise product enhancements across Quicker, slicker, faster, sharper iOS and Android Racing.com live streaming Racing and Sports race previe
Slide 12: Summary of Quarterly Cash Flows
SUMMARY OF QUARTERLY CASH FLOWS Net Cash used in All amounts in A$000’s1 Q2 FY22 operating activities Receipts from customers 33,355.0 Cost of Sales was $1.0m as we Advertising and marketing (6,301.2) (2,937.6) deployed some of the Leased assets (124.6) IPO funds towards Staff costs (2,536.1) Austra
Slide 13: US Market Entry Update
US MARKET ENTRY UPDATE US expansion Colorado – BlueBet’s second state US States that have legalised sports betting continues with new market access • Agreement with The Wild Card agreement in Colorado Saloon & Casino • Enables BlueBet to conduct B2C online sportsbook operations • 10-year agreement •
Slide 14: US Market Entry Status
US MARKET ENTRY STATUS US market entry Stage 1 Stage 2 strategy unchanged with progress made in Stage 1 Establish Demonstrate Establish initial Partnerships with partnerships with capability of US footprint as US entities to US entities to gain BlueBet team and B2C wagering offer Sportsbook- foothol
Slide 15: Q2 FY22 Investor Presentation January 2022
Q2 FY22 INVESTOR PRESENTATION 14 JANUARY 2022
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