Credit Bureau Asia Limited · SGX:TCU
Credit Bureau Asia — Investor Presentation (March 2021)
31 slides from Credit Bureau Asia's investor presentation, March 2021
Slide 1: Leading SEA player in the Credit and Risk Information Solutions market
Strictly Private & Confidential March 2021 Leading SEA player in the Credit and Risk Information Solutions market Confidential
Slide 2: Overview of CBA
Overview of CBA
Slide 3: CBA At A Glance
CBA At A Leading Southeast Asia Credit and Risk A Glance Information Solutions Provider 99.9% Sole >200 licenced FI Data Market Share in Credit Business provider in Singapore’s FI Data Bureau Cambodia and Business(1) Members( Myanmar >6,000 ≥90% >330m Dividend Customers of Business Payout Ratio Non-
Slide 4: Credit and Risk Information Solutions (CRIS) Industry
Who We Are Credit and Risk Information Solutions (“CRIS”) Industry What does a CRIS provider do? Two Types of Information Business activity of collecting, consolidating, analysing and organising FI Data Business Non-FI Data Business credit information for the sale of such information to a third-pa
Slide 5: A Leading Southeast Asia Credit and Risk Information Business
Who A Leading Southeast Asia Credit and Risk We Are Information Business Leading Southeast Asia provider of credit and risk MMCB 1 information solutions to individuals, FIs, multinational corporations and government bodies Commenced operations in 4Q20 Sole market player in Two main business segm
Slide 6: Our Core Products and Services – FI Data Business
What We Do Our Core Products and Services – FI Data Business Information Provided(3) Credit History Payment History Members Litigation Bankruptcy Records Credit Bureau (Data Providers / Users) FIs(2) Examples: Information Provided FI Data Business(1) Data Data Insights Storage Validation Gen
Slide 7: Our Core Products and Services – Non-FI Data Business
What We Do Our Core Products and Services – Non-FI Data Business Screen Your Prospect: Grow Your Sales: Product Suite Verify credibility and payment Identify growth opportunities health of your customers and acquire new customers Risk Management Services Report SCCB Credit Branding Database Data A
Slide 8: Our History and Significant Milestones
Our Track Record Our History and Significant Milestones 1995 1997 2000 2002 2005 2008 First established Commenced (i) consumer Established IHPL Established CBS and Established Established CBM through business of and commercial through a JV with recognised as a Singapore a JV with D&B Mal
Slide 9: Our Group Structure
CBA Today Our Group Structure CREDIT BUREAU ASIA 100% 51% NSP Asia Investment Holding Infocredit Holdings 100% 40% 49% 75% 100% 81% CBA Data Myanmar Credit EFX Cambodia Credit Bureau Infocredit D&B Solutions Bureau (“ECH”) Singapore International Singapore 49% 73% Credit Bureau D&B Malaysia Legend:
Slide 10: Key Strengths Highlights
Key Strengths Highlights 01 Dominant market leader and well-positioned for growth 02 Unique defensive business model with resilient revenue streams 03 Extensive and high quality data as a foundation for a wide range of products and services 04 Long-standing and captive portfolio of customers 05 Prov
Slide 11: Dominant Market Player in Southeast Asia
01 Dominant Market Player in Southeast Asia Leading Player in the Territories in Which We Operate FI Data Non-FI Data FI Data FI Data #1 #1 Experian #1 #1 31 165 220 potential Credit Bureau members Credit Bureau members Credit Bureau members 99.9% market share #2 Offers online instant national and i
Slide 12: The Importance of CRIS allows our Group to be Resilient in any Economic Cycle
02 The Importance of CRIS allows our Group to be Resilient in any Economic Cycle CRIS Fundamental Role in Business Decision Making Global Trends • Governmental and Industry Regulations • Risk Management Requirements Importance CRIS increasingly embedded into corporates’ risk • Importance of Data in
Slide 13: High Quality Data – The Backbone of Our Products
03 High Quality Data – The Backbone of Our Products Built and Maintained An Extensive Information Database since Inception Leading to New Products FI Data Business Non-FI Data Business D&B Commercial Records are Covers Data from Database updated Data Analytics Reports >22m >200 >330m Daily People Cr
Slide 14: Long-Standing and Captive Portfolio of Customers
04 Long-Standing and Captive Portfolio of Customers Diversity of Customers FI Data Business Non-FI Data Business Customer Retention D&B Risk SCCB Management Solutions >200 45.7% 36.8% Credit Bureau members > 6,000 Customers Majority of the Credit Bureau members have maintained their membership 54.
Slide 15: Strong Financial Performance
05 Strong Financial Performance Strong Revenue Growth and Improving Margins EBITDA Margin (excluding IPO expenses) PATMI Margin (excluding IPO expenses) 43.8% 44.1% 58.1% 60.6% 14.5% 14.6% 18.2% 18.9% 43.4 26.3 8.2 40.6 7.4 37.4 23.6 35.7 5.2 5.5 16.5 15.6 FY17A FY18A FY19A FY20U FY17A FY18A FY19A F
Slide 16: Experienced Management Team
06 Experienced Management Team Management Team with a Proven Track Record Founder of the Group Close to 20 years of experience in the credit and >25 years of experience in the credit and risk risk information industry information industry Responsible for the Group’s strategic direction Res
Slide 17: FY2020 Results Presentation
FY2020 Results Presentation
Slide 18: Financial Results - Highlights
Financial Results - Highlights FY2020 net profit of S$8.2 million¹ (excluding IPO expense) on revenue of S$43.4 million YoY revenue growth of 6.8% and net profit growth of 11.1% Earnings per share of 3.36 cents2 in FY2020 Net cash position of S$52.8 million as at 31 December 2020 Net asset
Slide 19: FY2020 Results – YoY Comparison
FY2020 Results – YoY Comparison % % (In S$ million) H2 2020 H2 2019 FY 2020 FY 2019 Change Change Revenue 22.9 21.0 9.0 43.4 40.6 6.8 Profit before tax (PBT) 9.9 10.2 -3.5 20.8 19.0 9.1 Income tax expense (1.5) (1.8) -17.0 (3.1) (3.2) -1.2 Profit for the year 8.4 8.5 -0.8 17.6 15.9 11.1 PATMI 3.1 3.
Slide 20: FY2020 Results – YoY Comparison
FY2020 Results – YoY Comparison (In %) H2 2020 H2 2019 FY 2020 FY 2019 PBT Margin (%) 43.1 48.7 47.8 46.8 PATMI Margin (%) 13.7 17.7 15.8 17.3 PBT Margin excluding IPO expense (%) 47.9 50.4 51.0 47.7 PATMI Margin excluding IPO expense (%) 18.4 19.4 18.9 18.2 20 | © 2021 Credit Bureau Asia Ltd.
Slide 21: FY2020 Results – FI Business
FY2020 Results – FI Business % % (In S$ million) H2 2020 H2 2019 FY 2020 FY 2019 Change Change Revenue 9.2 8.5 7.6 17.7 16.9 4.7 Share of result of joint ventures 0.4 0.5 -17.1 0.9 1.1 -24.4 Profit before tax (PBT) 5.3 4.2 24.7 10.1 8.8 14.6 PBT Margin (%) 57.6 49.7 57.1 52.2 21 | © 2021 Credit Bure
Slide 22: FY2020 Results – Non-FI Business
FY2020 Results – Non-FI Business % % (In S$ million) H2 2020 H2 2019 FY 2020 FY 2019 Change Change Revenue 13.7 12.4 9.9 25.7 23.7 8.3 Profit before tax (PBT) 5.7 6.3 -10.7 12.0 10.6 13.6 PBT Margin (%) 41.4 50.9 46.7 44.6 22 | © 2021 Credit Bureau Asia Ltd.
Slide 23: Revenue and Profit by Geography
Revenue and Profit by Geography Group Revenue FY 2020 FY 2019 Singapore 97.3% 97.1% Malaysia 2.7% 2.9% Group PBT Singapore 93.1% 98.3% Malaysia 2.2% -3.9% Cambodia 5.6% 6.4% Myanmar -0.8% -0.8% Group PATMI Singapore and Malaysia 85.6% 84.9% Cambodia 16.9% 17.3% Myanmar -2.5% -2.2% 23 | © 2021 Credit
Slide 24: Revenue and Profit by Business Segment
Revenue and Profit by Business Segment Group Revenue FY 2020 FY 2019 FI Data 40.9% 41.7% Non-FI Data 59.1% 58.3% Group PBT FI Data 48.8% 46.4% Non-FI Data 57.8% 55.5% Note: (1) The combined contribution of the FI Data Business and Non-FI Data Business to our Group’s PBT in FY2020 is more than 100% d
Slide 25: Summary of Financial Position
Summary of Financial Position (In S$ million) 31 December 2020 31 December 2019 Cash and bank balances 54.7 34.6 Net current assets 37.8 10.0 Net non-current assets 20.8 19.0 Total net assets 58.6 29.0 Capital and reserves 32.6 7.3 Retained earnings 11.0 8.4 Equity attributable to owners of the comp
Slide 26: Comparison of Net Cash Position
Comparison of Net Cash Position (In S$ million) 31 December 2020 31 December 2019 Cash and bank balances 54.7 34.6 Bank overdraft (0.6) - Amount due to shareholders (1.3) - Total loans (1.9) - Net cash position 52.8 34.6 26 | © 2021 Credit Bureau Asia Ltd.
Slide 27: Comparison of Cash Flow Position
Comparison of Cash Flow Position (In S$ million) 31 December 2020 31 December 2019 Net cash from (used in) operating activities 20.6 19.8 Net cash from (used in) investing activities 1.2 (6.7) Net cash from (used in) financing activities (0.6) 1.3 Cash and cash equivalents at the end of the year 48.
Slide 28: Dividend
Dividend A final dividend has not been declared. The Company was listed on the 3 December 2020 and it was stated in the IPO Prospectus that the Company intends to propose 90% of PATMI as dividend for 2021 and 2022. We expect to declare our first interim dividend as a listed company around third quar
Slide 29: FY 2021 Outlook and Strategy
FY 2021 Outlook and Strategy COVID-19 is a significant disruptor of businesses worldwide. Few industries are spared from the impact of COVID-19. The only difference is the extent. Fortunately, the CBA business is generally more resilient to business and economic cycles. For FY 2021, with the COVID-1
Slide 30: Important Notice
Important Notice This presentation is prepared for information purposes only, without regard to the investment objectives, financial situation or needs of any specific person. This presentation does not constitute an offer or solicitation of an offer to sell or invitation to subscriber for any secur
Slide 31: Thank You!
Thank You! For enquiries, please contact: Investor Relations Credit Bureau Asia Ltd Email Address: enquiries@creditbureauasia.com Contact Number: +65 6565 6161
Credit Bureau Asia — Investor Presentation (March 2021) on 6ix