Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q3 2023 Earnings Presentation
17 slides from Kambi Group Plc Class B's earnings presentation, Nov 1, 2023
Slide 1: Kambi Group plc Q3 2023 Report
Kambi Group plc Q3 2023 Report 1 November 2023 1
Slide 2: Agenda
Agenda 1. Highlights 2. Financial highlights 3. Commercial and strategic updates 4. Summary 5. Q&A 2
Slide 3: Highlights
Highlights 10 Revenue growth of 15%, boosted by certain non-recurring fees Contract extensions agreed with ATG and Rank Group, taking number of partner renewals in 2023 to seven Platform and front end agreement with Svenska Spel, a key partnership with one of Sweden's leading operators New Kambi Com
Slide 4: Q3 2023 financial highlights
Q3 2023 financial highlights Revenue EBITA (acq) Net cash €42.1m €6.0m €62.4m Q3 2022: €36.7m Q3 2022: €4.2m Q3 2022: €38.1m Kambi Group plc – Q3 2023 Report 4 CEO Kristian Nylén, CFO David Kenyon
Slide 5: Operator trading analysis
Operator trading analysis Kambi operators' turnover and trading margin 1100 1056 12.0% 989 1000 11.0% 911 913 900 10.0% 851 800 758 757 9.0% 700 669 683 8.0% 656 640 602 600 560 573 7.0% 505 500 6.0% 398 412 387 400 369 5.0% 334 307 300 273 259 4.0% 200 3.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 6: Kambi revenue conversion
Kambi revenue conversion Q3 2023 vs Q3 2022 20% 15% 10% 5% 0% -5% -10% -15% Operator Turnover Growth* FX impact Operator margin impact Taxes/marketing deductibles Other** Kambi Revenue Growth impact * Operator turnover growth shown is based on Q3 2022 exchange rates ** Other includes the impact of v
Slide 7: Q3 2023 YTD cash flow
Q3 2023 YTD cash flow €m 90.0 85.0 80.0 75.0 70.0 65.0 60.0 55.0 50.0 Opening cash Operating profit Working capital Shares repurchased Bond repayment Tax paid & other Amortisation & Development costs Closing cash depreciation & tangible assets Kambi Group plc – Q3 2023 Report 7 CEO Kristian Nylén, C
Slide 8: Two landmark partner signings
Two landmark partner signings Major steps towards long-term strategic objectives − Most significant partner agreements with existing sports betting revenue in Kambi’s history − Further evidence of demand for Kambi’s outsourced sportsbook among leading operators − Both operators expected to have a me
Slide 9: Svenska Spel partnership
− Kambi to replace Svenska Spel’s existing sportsbook across online and retail − One of Sweden’s leading operators – a former monopoly that first offered fixed odds in 1986 − Major sponsor of sports, including the Swedish Football and Ice Hockey Associations − Shape Games to power the front end of O
Slide 10: LiveScore Group partnership
− LiveScore Group owns one of the world’s leading real-time sports data and streaming media platforms − LiveScore Bet and Virgin Bet are live in multiple markets and have been two of the fastest growing sportsbooks in the UK over the last four years − Sportsbooks benefit from deep integration into m
Slide 11: Additional commercial updates
Additional commercial updates Partnered Partnership Launched seven retail Launched BetMGM in Partnered with Eyas extension with sportsbooks for CDI on the UK in partnership with 711 in the Gaming Rank Group day one in Kentucky with LeoVegas Netherlands July August September October First Bally’s Fir
Slide 12: Additional commercial updates
Additional commercial updates Partnered with Svenska Spel and Launched esports odds product for Kambi-powered operator SunBet the Kambi network Kambi partner BetCity launched Signed partner agreement with Shape Games-powered native Nigerian operator Oyawin casino app Kambi Group plc – Q3 2023 Report
Slide 13: AI-powered trading is changing the game
AI-powered trading is changing the game Delivering the next dimension of sports betting − Increased depth and quality of sports data makes it impossible for Turnover share of non-standard pre-match soccer humans to process and leverage to full potential markets 40% − Automation provides Kambi the ab
Slide 14: The next dimension of sports betting
The next dimension of sports betting Margin-driving pricing No limits innovation Proven at scale Utilising cutting-edge Empowering Approximately AI and machine operators to develop 300 million bets learning tech unique betting on AI-driven bet products offers Kambi Group plc – Q3 2023 Report 14 CEO
Slide 15: Summary
Summary LiveScore and Tzeract raising the Recent strategic Svenska Spel bar in AI sports milestones lay underline demand for trading and product foundation for growth Kambi sportsbook innovation Kambi Group plc – Q3 2023 Report 15 CEO Kristian Nylén, CFO David Kenyon
Slide 16: Q&A
Q&A kambi.com
Slide 17: Thank you
Thank you kambi.com 17