Eml Payments Ltd. · ASX:EML
Eml Payments — Pie Funds Investor Conference 2016
12 slides from Eml Payments's conference presentation, Mar 15, 2016
Slide 1: Pie Funds Investor Conference
For personal use only Pie Funds Investor Conference Auckland NZ 15/3/16 1
Slide 2: Important Notice
For personal use only Important Notice emerchants refers to the Emerchants Group which contains Emerchants Limited and its We believe the information provided herein is reliable, as of the date hereof, but do not wholly owned subsidiaries including Emerchants Payment Solutions Limited and Store warr
Slide 3: Our Value Proposition
Our Value Proposition For personal use only 3
Slide 4: Key Customer Relationships
Key Customer Relationships For personal use only We manage over 210 prepaid debit programs across 11 countries Consumer Lending Gaming and Wagering Commercial Non- Reloadable Services 4
Slide 5: B2B Non-Reloadable Programs In Australia and Europe
B2B Non-Reloadable Programs In Australia and Europe Core driver of revenue in Australia and will become as important in the UK and Europe in FY17-18 For personal use only 5
Slide 6: 1HFY16 Financial Commentary
1HFY16 Financial Commentary • EBITDA up 471% to $3.05m. For personal use only • Net Profit up 247% to $0.63m (includes $2m in D&A related to SFUK acquisition) Revenue ($A Millions) • Revenue growth of 108% from $5.08m to $10.56m. • Gross Margin up 117% from $3.75m to $8.12m. • Gross margin increased
Slide 7: Performance Metrics – 1HFY16 vs 1HFY15
Performance Metrics – 1HFY16 vs 1HFY15 450.0 Graph 1: Total dollars loaded prepaid platform (A$ millions) For personal use only 400.0 A$383.42M Australia - Reloadable 350.0 Australia - Non-reloadable 300.0 Europe - Non-reloadable A$ millions 250.0 A$194.00M +209.7% Total Dollars Loaded: 200.0 +98% 1
Slide 8: Performance Metrics – 1HFY16 vs 1HFY15
Performance Metrics – 1HFY16 vs 1HFY15 2.5 Graph 3: Total number of active accounts (millions) For personal use only 2.25M Australia - Reloadable 2.0 Australia - Non-reloadable 1.63M Europe - Non-reloadable 1.5 Millions Number of Active +57.9% 1.0 Accounts: +38% +11.2% 0.59M +6.0% +8.5% 0.53M 0.5 +2
Slide 9: 1HFY16 Operating Highlights
1HFY16 Operating Highlights For personal use only • Launch of Re-loadable programs for bet365, CrownBet and CreditCorp. • Signing of long term agreements with William Hill and Cash Converters (Corporate stores and online lending). • Signed Ladbrokes, bet365 and William Hill for the EachWay cash load
Slide 10: 2HFY16 Australian Market Update
2HFY16 Australian Market Update For personal use only • Dollar loads for re-loadable programs were $205m for the 1HFY16. Our annualised run-rate as of February 2016 is circa $500m, as new and existing programs continue to scale. • Cash Converters Program launched across all Corporate stores on Febru
Slide 11: 2HFY16 European Market Update
2HFY16 European Market Update • Presented to over 30 European gaming operators at the ICE Totally Gaming Convention in London and For personal use only received a positive response from the industry, validating the market opportunity identified and the primary reason for acquiring SFUK in December 2
Slide 12: Investment Case
Investment Case • Scale: Gross margins averaging 78% and upwards of 90% on some programs, and on a relatively For personal use only stable cost base, drives scale. • Revenue Acceleration: Significant market potential in all of our core segments – driven by growth in existing programs and the potenti