Jayride Group Ltd. · ASX:JAY
Jayride — FY2024 Earnings Presentation
14 slides from Jayride's earnings presentation, Aug 30, 2024
Slide 1: Building the world leader in rides for travellers
Building the world leader in rides for travellers FY24 Results Overview 30th August 2024 ASX release authorised by Rod Cuthbert, Executive Chairman, Jayride Group Limited (ASX:JAY) www.jayride.com
Slide 2: Jayride Overview
Jayride Overview A world leader in rides for travellers COVID-19 FY24 10+ Years of Growth Record $5.39M Jayride helps travellers to find and book their rides around the world. Key Facts Covering 95% of Compare the world’s leading world airport trips selection of ride brands $40M+ invested in In partn
Slide 3: Strategic Review: Towards Profitability
Strategic Review: In Q3 FY23 Jayride completed a strategic review identifying five key focus areas towards profitability Towards Profitability Stricter focus Status Expanded capacity and capability to grow higher contribution direct to consumer and travel agent channels. Focus on profitability over volu
Slide 4: Strategic Review Improved Economics
Strategic Review Following the Strategic Review the Company focussed on unit economics and profitability Improved Economics over trip volume Focus on higher margin opportunities leads to record Contribution Profit in Q4. 4
Slide 5: Strategic Review Reduced Fixed Costs
Strategic Review Following the Strategic Review the Company has decreased fixed costs by $3.75 million per Reduced Fixed Costs annum for substantially improved EBITDA. Q4 FY24 vs PCP $922K per quarter improvement realised Following the successful delivery of the Company’s strategic review in Q2 and Q
Slide 6: FY24 Summary and Review Outcomes
FY24 Summary and Jayride’s long-term growth trend continues in FY24, and the successful delivery of Strategic Review outcomes has resulted in improved profitability and Review Outcomes unit economics. Period post strategic review with restructure completed FY24 Passenger FY24 Net Revenue Trips Booked
Slide 7: Income Statement FY24
Income Statement Jayride’s long-term revenue growth remains intact. The Company restructured in Q2 and Q3 for FY24 reduced cost base into FY25. FY22 FY23 FY24 FY24 AUD(000's) AUD(000's) AUD(000's) YOY % ● Revenue grew to record $5.39 million for FY24. ● The Company completed a strategic review in Q3
Slide 8: Income Statement Highlights Q4
Income Statement Following the Strategic Review the Company benefits from increased contribution profit and Highlights Q4 decreased fixed cost base in Q4 and into FY25. Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 The Company conducted a Strategic Review in Q2 and AUD(000's) AUD(000's) AUD(000's) AUD(000's)
Slide 9: Riding the Trend to Book Travel Online
Riding the Trend The structural shift to online booking for rides is in its infancy with significant long term growth ahead. to Book Travel Online Long-term growth potential Online penetration of rides is at an early stage Travel brands use Jayride to supply their rides, compared to other travel vert
Slide 10: A Worldwide Customer Base
A Worldwide Jayride customers are world travellers from Europe, US and Oceania. They use Jayride to book Customer Base rides in global destinations. Jayride Customer Source Markets Jayride Customer Destination Markets Jayride customers are primarily from Jayride customers book rides in Europe, US an
Slide 11: Strategic Review Delivery Continues
Strategic Review In FY25 the Company continues delivery of the outcomes of its Strategic Review towards Delivery Continues accelerating the path to profitability. Improving supplier relationships Supplier and fleet management quoting and booking API integrations. Build relationships with specialist tr
Slide 12: Summary and Outlook
Summary and Long-term growth trajectory intact, with continuing delivery of the Company’s Strategic Review for Outlook profitability and cash flow positive. Result Summary ● Growth continued in trips booked and revenues to new record level of 694K trips and $5.39M revenues, ● Towards profitability and
Slide 13: About Jayride Group
About Jayride Group Jayride Group is a leading publicly listed online travel marketplace for airport transfers, where travellers compare and book rides around the world. With Jayride, travellers can compare and book with 3,700+ ride service companies, servicing 1,600+ airports in 110+ countries arou
Slide 14: Visit www.jayride.com Email corporate@jayride.com
Visit www.jayride.com Email corporate@jayride.com