Gentoo Media Inc · OMXSTO:G2M
Gentoo Media — Gaming Innovation Group — Q2 2022 Earnings Presentation
24 slides from Gentoo Media's earnings presentation, Aug 16, 2022
Slide 1: Q2 2022 Interim Report
Q2 2022 Gaming Innovation Group Inc. & Interim Report . ef 16 Aug 2022 |
Slide 2: GiG in brief
GiG in brief Global iGaming company with reach across high value areas of the B2B supply chain Dual-listed on Oslo Børs and at Nasdaq Stockholm Over 30 primary countries ~610 Employees targeted by Media assets €225m (approx.) Market Cap Offices in Malta, Denmark, 26 Global Certifications +9 addition
Slide 3: Award-winning technology & marketing for the iGaming and Sportsbetting industry
Q2 2022 - Interim Report Award-winning, technology & marketing for the iGaming and Sportsbetting industry GiG Media Platform & Sportsbook Leading iGaming and Sports Betting affiliate State of the art Player Account Management system marketing (PAM) & End to End Sportsbook solution ● Provides high va
Slide 4: All time high quarterly revenues
Q2 2022 - Interim Report All time high quarterly revenues Revenues* (MEUR) EBITDA adj. (MEUR) EBIT (MEUR) Revenues* EBITDA adj. EBIT +37% Y/Y +47% Y/Y +4% Y/Y 37.5% margin 10.8% margin *Revenues are adjusted for revenues from a platform client where GiG recognizes the full operations in its profit a
Slide 5: GiG Strategy
We drive business via GiG Strategy three growth pillars ● Approach is towards Global Online Gambling market with a 1 Market strong focus on regulated markets expansion ● Focus on high value and high earnings quality areas of B2B gambling industry ● Media business allows us agile and fast time to mar
Slide 6: Updated Long-term Financial targets
Q2 2022 - Interim Report Updated Long-term Financial targets Growth Profitability Leverage To achieve annual organic To achieve an adjusted Cash generated from the revenue growth in the region EBITDA margin in excess of business will be used to lower of 20% 50% during 2024 leverage ratio while pursu
Slide 7: Business update Media
Q2 2022 - Interim Report Business update Media
Slide 8: Media Services Q2-2022
Q2 2022 - Interim Report GiG Media Revenue & EBITDA adj. (MEUR) Revenue Media Services EBITDA adj. Q2-2022 ● Media Services reached all-time quarterly highs in revenues, EBITDA and FTDs ● Q2-2022 revenues of €14.8m (11.0), up 35% Y/Y and 5% Q/Q - all organic growth ● EBITDA adj. of €7.0m (5.3), up 3
Slide 9: Media Services FTDs
Q2 2022 - Interim Report Media Services FTDs GiG Media - FTDs (1000) ● First Time Depositors (FTD) ended at 79,400, a new ATH and a 70% increase YoY and 14% QoQ ● 95% of FTDs on full revenue share or hybrid deals, securing future recurring revenues ● The strong development continued in July with all
Slide 10: Media Services
Q2 2022 - Interim Report Media Services GiG Media Revenue split Q2-2022 ● Currently holds 13 licenses in the US and qualified to carry out business in 20 US states ● US organic traffic to Casinotopsonline.com and Wsn.com increased 120% YoY ● Revenues from the Americas increased 170% YoY and 25% QoQ,
Slide 11: Business update Platform & Sportsbook
Q2 2022 - Interim Report Business update Platform & Sportsbook 11
Slide 12: Platform & Sportsbook Q2-2022
Q2 2022 - Interim Report Platform & Sportsbook Q2-2022 Platform and Sportsbook Revenue & EBITDA adj. (MEUR) Revenue ● Acquisition of Sportnco completed on 1 April EBITDA adj. ● Integration of Sportnco developing well and according to plan - significant milestones already achieved ● Revenues for Plat
Slide 13: Platform & Sportsbook Clients
Q2 2022 - Interim Report Platform & Sportsbook 41 Clients Integration pipeline (5% YoY) • 5 new client projects were completed during the quarter, 2 went live and 3 are awaiting client decision to launch 58 Brands (16% YoY) • 58 brands live on the platform end Q2 (+16% YoY) • 15 brands in the integr
Slide 14: New contracts
Q2 2022 - Interim Report New contracts ● 7 new contracts in Q2 ● 5 market expansion deals with existing clients ● Total of 15 new contracts/market expansions so far in 2022 New Contracts
Slide 15: Events after the quarter & summary
Q2 2022 - Interim Report Events after the quarter & summary 15
Slide 16: Update after the quarter
Q2 2022 - Interim Report Update after the quarter ● Granted a supplier licence for Ontario, the newly regulated Canadian province, first client launch expected in Q3 and signed additional contract for the market with King Media ● Continued expansion across LATAM with extension to the contracts with
Slide 17: Summary
Q2 2022 - Interim Report Summary “ ● GiG delivers all-time-high revenues, with strong double digit growth in revenues and EBITDA ● Our Media business performs exceptionally well and remains a highly Positioned for multiple profitable and fast growing global acquisition power house, with many project
Slide 18: Thank you
Q2 2022 - Interim Report Thank you Any questions? 18
Slide 19: Appendix
Appendix
Slide 20: Largest shareholders: 30 June 2022
Q2 2022 - Interim Report Largest shareholders: 30 June 2022 GAMING INNOVATION GROUP INC. 1 13 487 500 11.0 % SkyCity Entertainment Group Limited 2 7 603 559 6.2 % Optimus Invest Limited 3 6 943 450 5.7 % Myrlid AS 4 4 896 125 4.0 % True Value Limited 5 4 875 829 4.0 % Nordea Livsförsäkring Sverige A
Slide 21: Income Statement
Q2 2022 - Interim Report Income Statement EUR 1 000 (Unaudited) B2C & Sports included as discontinued operations Q2 2022 Q2 2021 6M 2022 6M 2021 2021 Revenues 22 125 16 134 41 179 31 264 66 343 Cost of sales 227 89 256 79 868 Gross profit 21 898 16 045 40 923 31 185 65 475 Marketing expenses 4 332 2
Slide 22: Balance Sheet
Q2 2022 - Interim Report Balance Sheet EUR 1 000 (unaudited) B2C included as discontinued operations 30 June 2022 30 June 2021 31 Dec 2021 Assets Goodwill 78 654 16 284 16 325 Intangibles assets 61 128 34 663 31 732 Deposits and other non-current assets 12 744 14 725 13 481 Total non-current assets
Slide 23: Cash Flow
Q2 2022 - Interim Report Cash Flow In EUR 1 000 B2C included as discontinued operations Q2 2022 Q2 2021 6M 2022 6M 2021 2021 Cash flow from operating activities 9 539 3 534 13 352 3 419 12 931 Cash flow from investing activities -35 847 -2 768 -38 762 -4 847 -9 228 Cash flow from financing activitie
Slide 24: Legal Disclaimer
Legal Disclaimer Gaming Innovation Group Inc. gives forecasts. Certain statements in this report presentation are forward-looking and the actual outcome may be materially different. In addition to the factors discussed, other factors could have an impact on actual outcomes. Such factors include deve
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