E-finance For Digital And Financial Investments S.a.e. · EGX:EFIH
E-finance For Digital And Financial Investments S.a.e — e-finance for Digital and Financial Investments — Q4 2021 Earnings Presentation
30 slides from E-finance For Digital And Financial Investments S.a.e's earnings presentation, April 2022
Slide 1: 4Q2021 Investor Presentation
4Q2021 Investor Presentation April 2022 1
Slide 2: Agenda
Agenda I e-finance Overview II Our Subsidiaries III Appendix 2
Slide 3: Overview
Overview finance Investment Group 3
Slide 4: Group Overview
Group Overview e-finance is a homegrown developer of digital payments infrastructures with its services extending to network management and end-to-end process, and is the sole entity authorized to process and settle the Egyptian Government’s payments and collections transactions e-finance’s full end
Slide 5: The Group Operates Through a Robust Business Model
The Group Operates Through a Robust Business Model e-finance’s Aggressively Growing Fintech Platform is Complemented The Group’s Strategic Shift Towards a More Transaction Dominant and Supported by a Number of Synergistic Subsidiaries, to Complete Revenue Mix, In Addition to the Restructuring of its
Slide 6: Corporate Evolution and Path to Institutionalization
Corporate Evolution and Path to Institutionalization Launch Phase Development Phase Expansion Phase Established in 2005 Contracted by the MoF in Introduced the Corporate Payment Contracted in 2016 to operate and Spun-off both Khales and • Established e-tax 2007 to be the Solution service to the bank
Slide 7: A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries
A Comprehensive Service Offering Through a Portfolio of Leading Subsidiaries By leveraging its robust network infrastructure across its subsidiaries, e-finance is able to extend its reach across the nation and capture the entire digital payments value chain with a ubiquitous service offering coverin
Slide 8: Overview of Investments
Overview of Investments Delta Misr Payments ACIS 35% 10% 10% 10% 10% 35% Taxation Customs G2G - Digitalization Utilities Payment Health Digitalization Digitalization Consulting Payment Consulting Digitalization Misr Technology Services e-serve provides e-tax provides services for Alameia for Consult
Slide 9: Leveraging our Expansive Reach and Strategic Partnerships
Leveraging our Expansive Reach and Strategic Partnerships Banks Agricultural Bank Post Office Government eKhales Internet Banking Online Portal Acceptance Payment Gateway 38 Banks 1.2k Branches 4.1k Offices 20.0k POS 13 Partners Wallets 20 Banks 4.9k Branches 5.7k Syndicates 9.0k POS QR Acceptance 3
Slide 10: To Offer a One-Stop Shop Solution Covering the Entire E-Payments Value Chain
To Offer a One-Stop Shop Solution Covering the Entire E-Payments Value Chain The Group is currently certified by all three Card Issuance & Issuer & Acquirer Loan Management schemes while providing third party processing Management KYC & E-KYC Processor System Transfers Bill Payments services Third P
Slide 11: Consolidated Financial Performance in FY2021
Consolidated Financial Performance in FY2021 Key Highlights Revenue (EGP mn) Gross Profit, Margin (EGP mn, %) 44% 55% Gross Profit e‐finance recorded consolidated revenues of 2018 – 2021 923 Margin Y-o-Y Growth CAGR EGP 1,963.3 million for FY2021, up by 59.3% 39% 59% y‐o‐y. Revenue growth for the ye
Slide 12: Normalized Profitability Shows Core Strength
Normalized Profitability Shows Core Strength Key Highlights Normalized EBITDA, Margin (EGP mn, %) 45% 60% 2018 – 2021 Y-o-Y Growth CAGR The Group recognized nonrecurring IPO‐related expenses of EGP 14.4 million during FY2021, 39% 39% 36% including EGX, FRA, legal, and consulting fees. 34% 764 476 35
Slide 13: Cost Base Analysis
Cost Base Analysis Key Highlights Cost of Sales (1) (EGP mn, %) G&A (1) (EGP mn, %) 1002 169 Cost of sales increased by 65% y-o-y driven by the Group’s operational expansion and extensive restructuring efforts. The Group significantly stepped‐up recruitment during the 132 year, which saw 179 new hir
Slide 14: Best Practice ESG Standards
Best Practice ESG Standards E-finance has been actively pursuing the highest As part of its community development and e-finance is an active player in the community environmental and safety standards for its employment creation, e-finance focuses on promoting equality and social welfare employees an
Slide 15: Our Subsidiaries
Our Subsidiaries finance Investment Group 15
Slide 16: e-finance Digital Operations
e-finance Digital Operations e-finance for Digital Operations (e-finance’s largest subsidiary) provides the Group with a unique position and infrastructure to capitalize on Egypt’s robustly growing digital transformation drive, building and operating Government digitization projects and acting as th
Slide 17: e-finance Digital Operations Drivers & Revenues (1/2)
e-finance Digital Operations Drivers & Revenues (1/2) Key Highlights Transaction Based Revenues (EGP mn) Build & Operate Revenues (EGP mn) 41% 25% 10% 18% 2018 – 2021 Y-o-Y 2018 – 2021 Y-o-Y CAGR Growth CAGR Growth Revenues at e-finance Digital Operations rose 669 by 22.7% y-o-y to EGP 1,550.8 milli
Slide 18: e-finance Digital Operations Drivers & Revenues (2/2)
e-finance Digital Operations Drivers & Revenues (2/2) Key Highlights Fixed Fee Transactions (mn), Avg. Fee per Transaction (EGP) Fixed Fee Revenues (EGP mn) 0.6 0.8 1.0 1.3 28% 23% 57% -23% 2018 – 2021 Y-o-Y 2018 – 2020 Y-o-Y Growth CAGR Growth CAGR 447 443 391 382 365 Fixed fee revenues were up by
Slide 19: eCards
eCards eCards is a pivotal player in Egypt’s growing digital payments sector, leading the digital transformation by building, managing and operating smart card solutions for financial and nonfinancial institutions, as well as enabling the development of smart solutions across sectors Product and Ser
Slide 20: eCards Operational Drivers & Revenues
eCards Operational Drivers & Revenues Key Highlights e-cards Revenues (EGP mn) Card Production (mn), Revenue per Card (EGP) 0.6 7.8 9.7 10.5 eCards’ revenue grew by a rapid 310% y-o-y 100% 310% 22% 69% 2018 – 2021 Y-o-Y 2018 – 2021 Y-o-Y to EGP 375.8 million in 2021 driven by a 82% CAGR Growth CAGR
Slide 21: eKhales
eKhales Through eKhales, the Group has successfully tapped into Egypt’s thriving retail space, enabling users to execute all manner of bill payments, and creating value for a wide network of merchant partners Through its wide network of 13 >326K EGP c.500 mn 49.7 mn POS partners, and inter- operable
Slide 22: eKhales Operational Drivers & Revenues
eKhales Operational Drivers & Revenues Key Highlights eKhales Revenues (EGP mn) Number of Partners Revenues at eKhales grew over three-fold to 133% 161% EGP 65.5 million in 2021 due to a strong 2019 – 2021 Y-o-Y CAGR Growth increase in revenues from utilities and sale of POSs. eKhales had integrated
Slide 23: e-nable
e-nable e-nable is a leading Business Processing Outsourcing (BPO) service provider, offering a suite of integrated telecommunications and contact center solutions, from HR and IT outsourcing to a full contact center, across local and international markets Service Offering 24/7 Contact Center HR Out
Slide 24: e-nable Operational Drivers & Revenues
e-nable Operational Drivers & Revenues Key Highlights e-nable Revenues (EGPmn) Customer Served e-nable was established in 2021 to absorb e- 44% 69% 38% 30% finance’s spun off call center business, with 2018 – 2021 Y-o-Y 2018 – 2021 Y-o-Y CAGR Growth CAGR Growth FY2021 being the company’s first fisca
Slide 25: eAswaaq
eAswaaq Established in 2020, eAswaaq establishes digital purchasing platforms that penetrate and unlock value from a wide range of economic sectors, creating a one-stop-shop for digital commerce eAswaaq provides platforms catering to several sectors across Egypt’s growing economy: An unprecedented p
Slide 26: Appendix
Appendix finance Investment Group 26
Slide 27: Historical Income Statement
Historical Income Statement Consolidated Income Statement (EGP mn, unless otherwise stated) 2018 2019 2020 2021 Sales 733 984 1,232 1,963 Total Revenue 733 984 1,232 1,963 % y-o-y 0.7% 34.2% 25.2% 59.3% Cash Production Costs (388) (492) (585) (966) Depreciation & Amortization (34) (52) (52) (74) Tot
Slide 28: Historical Balance Sheet
Historical Balance Sheet Consolidated Balance Sheet (EGP mn, unless otherwise stated) 2018 2019 2020 2021 Assets Cash 240 612 633 2,869 Receivables 577 667 780 1,358 Inventory 43 54 59 55 Total Current Assets 859 1,333 1,472 4,282 Gross PP&E 452 490 638 760 Accumulated Depreciation (-) (288) (322) (
Slide 29: Stock Information
Stock Information Stock Chart Volume (Mn) Closing Price (EGP) 28 100 90 26 80 24 70 22 60 50 20 40 18 30 20 16 10 14 0 Shareholding Structure Share and Contact Information National Investment Bank 48.5% Ticker EFIH.CA on the EGX National Bank of Egypt 7.0% Date of Listing 20 October 2021 Banqu
Slide 30: Thank You
Thank You INVESTOR RELATIONS CONTACTS Telephone: +202 3531 7430 E-mail: info@efinance.com.eg www.efinanceinvesrment.com SHAREHOLDER INFORMATION EGX: EFIH.CA Listed: October 2021 Shares Outstanding: 1.6 billion 30
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