Slide 1: 3Q21 Financial Results
3Q21 Financial Results December 6th, 2021
Slide 2: Disclaimer
Disclaimer By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We”) solely for informational purposes and does not constitute, and should not be constru
Slide 3: Chairman & CEO Sokratis P. Kokkalis, noted
INTRALOT Chairman & CEO Sokratis P. Kokkalis, noted: “The nine-month results reflect the continuing strong operational performance combined with the positive impact of the capital structure optimization agreement achieved in the beginning of August. The robust improvement in the cash flow generation
Slide 4: Revenue Overview
Revenue Overview 44.8 (14.8%) RoW 31.3% B2C 160.4 (53.0%) Americas 9Μ21 9Μ21 Revenue per Revenue per Activity Line 97.6 (32.2%) Geographical Region 68.7% B2B/B2G (%) Europe (in €) €302.8m €302.8m 9.1% 12.2% VLTs IT Products & Services 17.5% Sports Betting 9Μ21 Revenue per Game Type 0.5% (%) Racing €
Slide 5: Licensed Operations - Revenue Evolution
Licensed Operations - Revenue Evolution1 in € million Q3 Licensed Operations 1H 31% 94,8 10.0 94.8 9M21 4.4 16.0 5.5 Revenues per Technology 0.5 Contract Type 173,4 (€m, %) 15.4 57% 68.9 34,6 11% Game Management 9M20 Malta Argentina 9M21 Licensed Operations 28% Revenue Evolution Drivers: 68,9 • Malt
Slide 6: Technology Contracts - Revenue Evolution
Technology Contracts - Revenue Evolution1 in € million Q3 Licensed Operations 1H 31% 94,8 3.0 21.5 1.1 9M21 1.9 1.1 -5.7 173.4 Revenues per 5.9 Technology Contract Type -4.7 173,4 (€m, %) 57% 15.5 34,6 153.7 11% Game Management 9M20 United States Australia Other 9M21 Licensed Operations 28% Revenue
Slide 7: Game Management Contracts - Revenue Evolution
Game Management Contracts - Revenue Evolution1 in € million Q3 Licensed Operations 1H 31% 94,8 3.3 34.6 9M21 0.7 3.7 2.5 Revenues per Technology Contract Type 3.7 6.8 173,4 (€m, %) 57% 0.6 0.0 34,6 6.2 11% 20.9 Game Management 9M20 Turkey Morocco United States 9M21 Licensed Operations 28% Revenue Ev
Slide 8: Consolidated Financial Statements for 9M21
Consolidated Financial Statements for 9M21 (in € million) 9M21 9M20 % Change 3Q21 3Q20 % Change LTM Revenue (Turnover) 302.8 243.4 24.4% 100.2 92.6 8.2% 404.3 Technology, Management & Rest Contracts 211.1 175.3 20.4% 67.9 64.3 5.6% 280.9 Licensed Operations (Payout related) 91.7 68.1 34.7% 32.3 28.3
Slide 9: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES1 EBITDA AND EBITDA MARGIN1 €m €m, % 407 404 27.3% +24% 25.5% EBITDA Margin 345 on Sales 303 19.1% 18.6% 243 15.7% +82.5% 103 83 64 66 45 EBITDA 2019 2020 LTM 9M20 9M21 2019 2020 LTM 9M20 9M21 OPERATING CASH FLOW2 AND NET CAPEX NET DEBT3 AND NET DEBT / EBITD
Slide 10: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 9M21 Key Revenue Contributors 9M21 Key EBITDA Contributors (in €m) (in €m) North America2 116.9 North America2 59.7 Europe3 104.2 Europe3 19.9 South America 41.8 South America 10.4 Oceania 13.8 Oceania 9.0 RoW4 15.5 RoW4 6.2 1. Segment Revenue and EBITDA figures
Slide 11: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS December 2021 | Public | p. 11
Slide 12: 9M21 – Group Income Statement
9M21 – Group Income Statement (in € million) 9M21 9M20 % Change LTM Revenue 302.8 243.4 24.4% 404.3 Gross Profit 86.5 49.2 75.8% 110.2 Other Operating Income 15.9 12.4 27.7% 20.9 OPEX (68.0) (67.9) 0.2% (92.6) EBITDA 82.6 45.3 82.5% 103.2 Margin 27.3% 18.6% + 8.7pps 25.5% Capital Structure Optimizat
Slide 13: 9M21 – Group Statement Of Financial Position
9M21 – Group Statement Of Financial Position (in € million) 9M21 FY20 Tangible Assets 126.5 134.3 Intangible Assets 189.5 202.0 Other Non-current Assets 17.1 19.2 Inventories 22.2 25.7 Trade and Other Short-term Receivables 129.7 151.4 Cash and Cash Equivalents 90.3 100.0 Assets Held for Sale - 16.2
Slide 14: 9M21 – Group Cash Flow
9M21 – Group Cash Flow (in € million) 9M21 9M20 EBT from continuing operations 56.8 (53.8) EBT from discontinued operations (7.9) (3.0) Plus/less Adjustments 34.8 102.5 Decrease/(increase) of Inventories (2.2) 3.0 Decrease/(increase) of Receivable Accounts 25.2 (7.8) (Decrease)/increase of Payable A
Slide 15: intralot
intralot