Footshop A.s. · PSECZ:FTSHP
Footshop A.s — SPAC Merger (April 2023)
18 slides from Footshop A.s's SPAC merger presentation, Apr 13, 2023
Slide 1: Proposal for Business Combination of WOOD SPAC One a.s. and Footshop s.r.o.
PROPOSAL FOR BUSINESS COMBINATION OF WOOD SPAC One a.s. AND Footshop s.r.o. April 2023
Slide 2: Disclaimer
DISCLAIMER This document is a marketing communication. This document was prepared by WOOD SPAC One a.s. with its registered office at náměstí Republiky 1079 / 1a, Nové Město, 110 00 Prague 1, ID number 14027348 (the “SPAC”) to introduce the Business Combination in accordance with the SPAC’s Prospect
Slide 3: Content
CONTENT A. Transaction Overview B. Company Introduction C. Investment Highlights 1. Premium Online and Offline Shopping Experience 2. Truly International Footprint 3. Exclusive Partnerships with Key Global Streetwear Brands 4. Most Followed Company on Social Media in the Czech Republic and Slovakia
Slide 4: Transaction Overview
TRANSACTION OVERVIEW TRANSACTION INTRODUCTION VALUATION WOOD SPAC One a.s. (hereinafter SPAC) has reached an agreement with PRE-MONEY EV REVENUES 2023P REVENUE MULTIPLE shareholders of Footshop s.r.o. (hereinafter Footshop or Company), a (CZK) (CZK) 2023P leading online retailer of premium streetw
Slide 5: Introduction to Footshop
COMPANY INTRODUCTION INTRODUCTION TO FOOTSHOP Footshop is a European retailer Peter Hajduček is the founder & CEO of having significant presence in 9 2022 REVENUES 2023P REVENUES Footshop, building the Company from a countries and making more than GROWTH student project to a leading streetwear 70% o
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS 1. Premium Online and Offline 5. Experienced Founder-led Shopping Experience Management Team Eager to Deliver Footshop strives to deliver premium shopping experience, be it Footshop is led by a top management team composed of experienced online or offline. This means premium lo
Slide 7: 1. Premium Online and Offline Shopping Experience
1. PREMIUM ONLINE AND OFFLINE SHOPPING EXPERIENCE SALES CHANNELS B&M STORES 2022 REVENUES SPLIT BY SALES CHANNEL(1) Footshop sells the majority of goods FOOTSHOP PRAGUE online through its two online stores Releases branded Footshop and Queens. These are 7% available in several languages, with wide
Slide 8: 2. Truly International Footprint
2. TRULY INTERNATIONAL FOOTPRINT INTERNATIONAL OPERATIONS Footshop is a truly international business making vast majority of its Largest markets for Footshop are Bulgaria, Czech revenues outside the Czech Republic – more than 70%. Largest markets for Footshop are Bulgaria, Czech Republic, France,
Slide 9: 3. Exclusive Partnerships with Key Global Streetwear Brands
3. EXCLUSIVE PARTNERSHIPS WITH KEY GLOBAL STREETWEAR BRANDS EXCLUSIVE PARTNERSHIPS WITH KEY BRANDS 2022 REVENUES(1) SPLIT BY Footshop sells footwear and clothing from the most prestigious CATEGORY streetwear brands such as Nike, adidas, Converse, Y-3, Vans, New Balance or Asics. Overall, it distri
Slide 10: 4. Most Followed Company on Social Media in the Czech Republic and Slovakia
4. MOST FOLLOWED COMPANY ON SOCIAL MEDIA IN THE CZECH REPUBLIC AND SLOVAKIA SOCIAL MEDIA & COMMUNITY CUSTOMERS Footshop maintains an active and engaged presence on social media, Footshop targets primarily affluent young adults and teenagers that are being the most followed company in the Czech Rep
Slide 11: 5. Experienced Founder-led Management Team Eager to Deliver
5. EXPERIENCED FOUNDER-LED MANAGEMENT TEAM EAGER TO DELIVER THE FOUNDER & CEO EXPERIENCED MANAGEMENT TEAM Peter Hajduček leads a top management team composed of experienced professionals with diverse backgrounds Aleš Pitro Head of Sales Footshop made it through a challenging 20+ years of experience
Slide 12: 6. Strong Post-Covid Recovery and Robust Growth Prospects
6. STRONG POST-COVID RECOVERY AND ROBUST GROWTH PROSPECTS OVERVIEW OF KEY FINANCIALS CZK 1.06bn Revenues 11-17% Revenues ~ CZK 1.18-1.24bn Revenues CZK 21m Adjusted EBITDA 145-185% Adjusted EBITDA ~ CZK 52-60m Adjusted EBITDA 2022 Growth 2023P 2023P 2022 Growth 2023P 2023P Revenues and Adjusted EBIT
Slide 13: 7. Fastest Growing Segment of the Footwear Market
7. FASTEST GROWING SEGMENT OF THE FOOTWEAR MARKET GLOBAL SNEAKERS MARKET OVERVIEW(1) The size of global sneakers market is estimated at USD 72.7bn in 2022 The sneakers market is led by two biggest players, Nike (1.2bn pairs) and is projected to grow to approx. USD 106.6bn in 2027 at a and adidas
Slide 14: 8. Attractive Company Profile Meeting All SPAC Investment Criteria
8. ATTRACTIVE COMPANY PROFILE MEETING ALL SPAC INVESTMENT CRITERIA Footshop is a company in the field of e-commerce 1 Footshop operates in ESG-compliant sector SPAC is acquiring a significant minority interest in Footshop The investment provides Footshop with growth capital for its geographical expa
Slide 15: Appendix
( | APPENDIX
Slide 16: 1. WOOD SPAC One Transaction Mechanics
APPENDIX 1. WOOD SPAC ONE TRANSACTION MECHANICS Phase Proceeds from a SPAC IPO Funds from investors are held in an escrow account until the approval of a proposed acquisition Committed capital Purchase of Units SPONSORS CZK 50m CZK 600 / Unit INVESTORS In collaboration with Sponsors commit up to CZK
Slide 17: 2. Illustrative SPAC Deal Terms and a Simulation of Investor Returns
APPENDIX 2. ILLUSTRATIVE SPAC DEAL TERMS AND A SIMULATION OF INVESTOR RETURNS ILLUSTRATIVE DEAL TERMS For warrants’ allotment, it is necessary that the required number of ordinary shares are held in a specific period: SPAC Size(1) ~ CZK 502.2m Initial set of warrants (first three pieces) were al
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