Zeal Network Se · XETR:TIMA
Zeal Network — Q1 2021 Earnings Presentation
24 slides from Zeal Network's earnings presentation, May 7, 2021
Slide 1: Investor Call
Investor Call Quarterly Statement as of 31 March 2021 7 May 2021
Slide 2: Content
Content 1. Summary 2. Financial Update 3. Guidance 2021 4. AGM 2021 5. Key Take-Aways
Slide 3: Summary
Summary “Creating a better world of lottery” 3
Slide 4: Summary 3M 2021
Summary ➢ Good start to the new fiscal year despite corona and a 3M comparatively weak jackpot situation ➢ Billings and revenue up ➢ Strong gross margin achieved 2021 ➢ Profitability significantly improved ➢ LOTTO24 in the Google Play Store “Creating a better world of lottery” 4
Slide 5: Financial Update
Financial Update “Creating a better world of lottery” 5
Slide 6: ZEAL Income Statement 3M 2021 - condensed
ZEAL Income Statement 3M 2021 - condensed in € thousand 3M 2021 3M 2020 Change in % Comments ➢ Revenue: Revenue 22,620 19,024 +18.9 − Strong revenue increase of 19% driven by billings growth and a favorable product mix Personnel expenses (5,161) (4,954) +4.2 ➢ Total costs of operations: − An 8% incr
Slide 7: Other performance indicators I
Other performance indicators I Gross Margin Billings (Germany Segment) in € thousand in % +17% 163.313 12,7 140.049 +0.6% p.p. 12,1 3M 2020 3M 2021 3M 2020 3M 2021 “Creating a better world of lottery” 7
Slide 8: Other performance indicators II
Other performance indicators II New registered customers Net Cash (Germany segment) in €m in thousand 206 156 65,1 +4% 67,9 22,8 22,6 31/03/2020 31/03/2021 3M 2020 3M 2021 Net Cash Contingent Liability for VAT “Creating a better world of lottery” 8
Slide 9: Other performance indicators III
Other performance indicators III Cost per Lead, CPL Monthly Active Users (MAU)1) Average Billings per User, ABPU2) (Germany Segment) (Germany Segment) (Germany Segment) in € in thousand in € 33,48 942 966 26,00 56,36 49,46 3M 2020 3M 2021 3M 2020 3M 2021 3M 2020 3M 2021 1) MAU (monthly average activ
Slide 10: Guidance 2021
Guidance 2021 “Creating a better world of lottery” 10
Slide 11: Consolidated Guidance 2021 confirmed
Consolidated Guidance 2021 confirmed 2021 2020 in €m Guidance Actual Billings (Germany segment) At least 700 651.8 Revenue At least 95 87.0 Adjusted EBITDA1) At least 20 12.7 1) Earnings before interest, taxes, depreciation, amortisation and non-recurring expenses In fiscal year 2021, we plan to fur
Slide 12: Dividend Policy
Dividend Policy • Due to the positive liquidity situation of the ZEAL Group and the expected further increase in profitability, we will propose a total pay-out of €20.2 million (2019: €17.9 million) to the Annual General Meeting on 1 June 2021 • This corresponds to a dividend of €0.90 (+12.5%) per s
Slide 13: AGM 2021
AGM 2021 “Creating a better world of lottery” 13
Slide 14: Upcoming AGM 2021
Upcoming AGM 2021 The Annual General Meeting (AGM) of ZEAL Network SE will take place on 1 June 2021 OVERVIEW OF THE AGENDA 2. Resolution on the appropriation of the distributable profit for the 2020 fiscal year 3. Resolution on the ratification of the actions of the members of the Management Board
Slide 15: Key Take-Aways
Key Take-Aways “Creating a better world of lottery” 15
Slide 16: Key take-aways
Key take-aways Good billings and revenue development despite comparatively low jackpots Profitability increased significantly Ratification of the State Treaty on Gambling in all Federal State Parliaments LOTTO24 now also in the Google Play Store “Creating a better world of lottery” 16
Slide 17: Questions Answers
Questions Answers
Slide 18: Disclaimer
Disclaimer The information contained herein must not be relied upon for any purpose and may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. This document contains certain forward-looking statements relating to the busin
Slide 19: Appendix
Appendix
Slide 20: Consolidated Income Statement and Balance Sheet in €k
Consolidated Income Statement and Balance Sheet in €k 3M 2021 3M 2020 Change in % Income Statement Revenue 22,620 19.024 +18.9 Total costs of operations (18,043) (16,715) +7.9 Adjusted EBITDA1) 4.567 2.832 +61.3 EBIT 2.362 42 +5,523.8 Profit before taxes 2.879 -188 +1,631.4 Net Profit 2.484 152 +1,5
Slide 21: Business Unit Segment Reporting as of 31/03/21 in €k
Business Unit Segment Reporting as of 31/03/21 in €k Germany Other Total Revenue 21,120 1,500 22,620 Other operating income 176 1 177 EBITDA 4,101 466 4,567 Depreciation/amortisation – – (2,205) EBIT – – 2,362 Financial result – – 567 Share of loss from associates (50) EBT – – 2,879 Income tax – – (
Slide 22: KPIs
KPIs Secondary lottery Broker Business business Billings Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 (in €m) 2019 2019 2019 2019 2020 2020 2020 2020 2021 67.4 112.0 153.3 134.0 140.0 174.4 157.3 181.0 163.3 ABPU Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 (in €) 2019 2019 2019 2019 2020 2020 2020 2020 2021 57.5 60.5 57.3 48.4 49.5 5
Slide 23: Financial calendar 2021
Financial calendar 2021 Publication of Annual Report 2020 25 March 2021 Publication of Q1 Report 7 May 2021 Annual General Meeting 1 June 2021 Publication of Half-Year Report 12 August 2021 Publication of Q3 Report 11 November 2021 “Creating a better world of lottery” 23
Slide 24: Frank Hoffmann, CEFA ZEAL
Frank Hoffmann, CEFA Senior Investor Relations Manager ZEAL Straßenbahnring 11 20251 Hamburg T +49 (0)40 809 036 - 042 M +49 (0)175 267 3420 frank.hoffmann@zealnetwork.de www.zealnetwork.de