Findi Limited · ASX:FND
Findi — TechKnow Invest Conference 2022
17 slides from Findi's conference presentation, Nov 4, 2022
Slide 1: Findi to present at TechKnow Invest Conference
ASX ANNOUNCEMENT 4 November 2022 Findi to present at TechKnow Invest Conference Findi Limited (ASX: FND) (Findi or the Company) is pleased to announce its Chairman Nicholas Smedley will present at next week’s TechKnow Invest conference. Mr Smedley will deliver the attached presentation to the audien
Slide 2: Investor Presentation November 2022
ASX: FND INVESTOR PRESENTATION NOVEMBER 2022
Slide 3: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This presentation (Presentation) has been prepared by Findi Limited (Findi or the Company) and is authorised for release by its Directors. You must read and accept the conditions in this notice before considering the information set out in or referred to in this Present
Slide 4: Findi provides tailored, scalable payment solutions
FINDI PROVIDES TAILORED, SCALABLE PAYMENT SOLUTIONS FOR ONE OF THE WORLD’S LARGEST DEVELOPING MARKETS WITH AN INCREASING FOCUS ON DIGITAL BANKING SERVICES 3
Slide 5: Corporate Overview
CORPORATE OVERVIEW Findi is an ASX-listed fintech with operations across India, one of the world’s largest directly addressable payments markets. BOARD MEMBERS EXECUTIVE TEAM CAPITAL STRUCTURE Nicholas Smedley Mohnish Kumar Market Capitalisation – 2 November 2022 A$15.44M Non-Executive Chairman Mana
Slide 6: Earnings Guidance
EARNINGS GUIDANCE Building on strong financial results in FY22 1 and the renegotiation of its finance arrangements, Findi is forecast to earn Revenue and EBITDA of A$47-50M and A$13-14M respectively in FY23. REVENUE2,3 EBITDA TO FCF4 The key strategic and operational initiatives supporting Findi’s F
Slide 7: State Bank of India Issues Contract Extension
STATE BANK OF INDIA ISSUES CONTRACT EXTENSION Not yet factored into Findi’s earnings guidance, State Bank of India (SBI) extends Findi’s contract to 31/12/23 ü SBI extends ATM supply contract with Findi to end of calendar 2023 ü Whilst not yet factored into Findi’s earnings guidance, the extension i
Slide 8: Timeline
TIMELINE The Company has rebranded its ATM and digital payments business in India to “Findi” following the recent buyout of its joint venture partner. Established in 2004, Transaction Solutions International Pvt Ltd (TSI India) commenced as an ATM managed services provider before expanding into paym
Slide 9: Existing Key Financial and Operating Highlights
EXISTING KEY FINANCIAL AND OPERATING HIGHLIGHTS Findi has several attractive investment fundamentals which can be leveraged to generate long-term profitable and cash flow generative earnings. This is supported by long-term contracts, including the new five-year agreement with the Central Bank of Ind
Slide 10: Current Business Overview
CURRENT BUSINESS OVERVIEW Findi provides customised & scalable payments services for one of the world’s largest developing markets whilst being part of the digital banking revolution allowing customers to transact in a fast and flexible way from any location. Findi is seeking to increase the breadth
Slide 11: Competitive Landscape for ATMs
COMPETITIVE LANDSCAPE FORATMS Findi is one of the top companies within the Indian ATM managed services market and has a diverse product offering… PRODUCT / SERVICE OFFERING OPERATOR ATMs Equipment ATM FirstLine ATM Managed White LabelATM Payment E-Surveillance Utility Companies Supply Maintenance Se
Slide 12: Service Offering
SERVICE OFFERING Findi’s services are categorised between ATM managed services, Findi-Pay & transaction banking. ATM managed services currently generates 90% of total revenue, however, the contribution of Findi-Pay & transaction banking is expected to grow significantly over the next five years as t
Slide 13: Market Opportunity
MARKET OPPORTUNITY Findi is well known and regarded within the Indian payments and banking industry. Findi’s further expansion will be supported by the continued growth in currency in circulation, the number of ATMs across India and cash payments as a percentage of GDP… 32T INR1 17 ATMs1 80%2 of cur
Slide 14: Key Strategic Initiatives
KEY STRATEGIC INITIATIVES In March, Findi secured a new five-year agreement with the Central Bank of India (CBI) and is planning to apply for a transaction banking licence whilst continuing to develop and commercialise its digital payments solutions which will be a key growth driver for the business
Slide 15: Transaction Banking Services
TRANSACTION BANKING SERVICES The Indian financial services sector, supported by the Reserve Bank of India, is transforming and moving towards enhanced financial inclusion through greater penetration of financial services. Over the next three to four years, Findi will transition to a specialised Tran
Slide 16: Contact
E investors@findi.co I P +61 8 6444 1798 Level 4, 90 William Street, Melbourne 3000 Australia FINTECH DIGITAL PAYMENTS INNOVATION findi.co
Slide 17: Appendix 1: Reconciliation to Statutory Accounts
APPENDIX 1: RECONCILIATION TO STATUTORYACCOUNTS Reconciliation of Pro Forma Financial Information to Statutory Accounts… Profit and Loss Basis of Preparation FY22 Reported A$000’s Reported Adjustment Pro Forma • Based on the audited accounts of Findi as provided in the FY22 Annual Report Revenue $4,