Slide 1: FY 2019 Results for Rocket Internet SE & Selected Companies
Rocket We enable entrepreneurship FY 2019 Results for Rocket Internet SE & Selected Companies 02 April 2020 1
Slide 2: Disclaimer
Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice. It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. All and any evaluations or assessments stated herein represent
Slide 3: Agenda
Agenda Topic FY 2019 Results for Selected Companies FY 2019 Results for Rocket Internet SE Summary Remarks 3
Slide 4: Rocket Internet's Selected Companies
Rocket Internet’s Selected Companies Public Companies (1) Home & Living 11% (1) Fashion 18% Note(s): (1) Percentages indicate Rocket Internet’s total economic ownership held directly, and, where applicable, indirectly through entities over which it may have no control. Rocket Internet economically h
Slide 5: Continued Topline Growth
Continued Topline Growth Topline Growth FY 2019 vs. FY 2018 (1) (1) 20% 17% Fashion Home & Living Source: GFG Q4 2019 results presentation, home24 FY & Q4 2019 trading update. Note(s): Rocket Internet does not have control over the network companies shown above. (1) At constant FX. 5
Slide 6: Adj. EBITDA Margins Overall Continue to Improve at Selected Companies
Adj. EBITDA Margins Overall Continue to Improve at Selected Companies Margin +1.5pp +5.0pp Improvement (3)% Adj. EBITDA (4)% Margin (8)% Adj. EBITDA Margin FY 2018 Adj. EBITDA Margin FY 2019 (13)% Source: GFG Q4 2019 results presentation, home24 FY & Q4 2019 trading update. Note(s): Rocket Internet
Slide 7: GFG Delivers Strong FY 2019 with Continued Order Growth and Profitability Improvement
GFG Delivers Strong FY 2019 with Continued Order Growth and Profitability Improvement Number of Orders (m) Revenue (EURm) Adjusted EBITDA (EURm) / Margin (%) +23% +16% +1.5pp 35 1,346 FY 2018 FY 2019 28 (4)% (3)% 1,156 (37) FY 2018 FY 2019 FY 2018 FY 2019 (50) Company Highlights ▪ Revenue reached EU
Slide 8: home24 Shows Significant Growth and Profitability Increase in FY 2019
home24 Shows Significant Growth and Profitability Increase in FY 2019 Number of Orders (m) Revenue (EURm) Adjusted EBITDA (EURm) / Margin (%) +15% +19% +5.0pp 2.2 372 FY 2018 FY 2019 313 (13)% (8)% 1.9 (28) (40) FY 2018 FY 2019 FY 2018 FY 2019 Company Highlights ▪ home24 grew revenue by 19% to EUR 3
Slide 9: New Incubations
New Incubations 20 New Business Models Launched Since 2018 9
Slide 10: Other Private Companies
Other Private Companies As of end of March 2020, Corona/ Covid- 19 is a developing situation with to date unknown duration and very significant negative economic impact. The recent 200+ Corona/ Covid-19 outbreak and related post year-end market conditions may have a significant impact on the Total F
Slide 11: Agenda
Agenda Topic FY 2019 Results for Selected Companies FY 2019 Results for Rocket Internet SE Summary Remarks 11
Slide 12: 12M 2019 Results – Consolidated IFRS Income Statement
12M 2019 Results Rocket Internet SE – Consolidated IFRS Income Statement 12M 12M EURm 2018 2019 Revenue 44.5 67.3 Other operating income 2.2 9.7 Result from deconsolidation of subsidiaries 10.3 8.4 Cost of materials and cost of financial services (16.1) (14.4) Employee benefit expenses (26.0) (41.3)
Slide 13: 12M 2019 Results – Consolidated IFRS Balance Sheet
12M 2019 Results Rocket Internet SE – Consolidated IFRS Balance Sheet Assets Dec 31 Dec 31 Equity and Liabilities Dec 31 Dec 31 EURm 2018 2019 EURm 2018 2019 Non-current assets Equity Right-of-use assets 0.0 45.7 Subscribed capital 152.5 150.8 Investment properties 0.0 19.3 Treasury shares (81.9) (3
Slide 14: Financial Strength at Strong Cash Reserves
Strong Cash Reserves Financial Strength at Rocket Internet SE as of Mar 31, 2020 Public Stock Net Cash(1) Loans Granted(4) Liquid Stock(2) Low Liquidity Stock(3) EUR 2.1b EUR 0.3b EUR 0.1b EUR 0.6b As of end of March 2020, Corona/ Covid-19 is a developing situation with to date unknown duration and
Slide 15: The Rocket Internet Capital Partners Funds
The Rocket Internet Capital Partners Funds Fund 1 Fund 2 ▪ 2016 vintage (January 2017 final close) ▪ 2019 vintage (January 2020 final close) ▪ Rocket Internet SE has a 15% indirect stake ▪ Rocket Internet SE has an 11% indirect stake in Fund 1 in Fund 2 USD 1.1bn USD 1.0bn Commitments Commitments 0.
Slide 16: Financial Calendar
Financial Calendar Date Event May 15, 2020 Rocket Internet SE Annual General Meeting (FY 2019) May 28, 2020 Q1 2020 Results for Rocket Internet & Selected Companies H1 2020 Results for Rocket Internet & Selected Companies and September 24, 2020 Capital Markets Day (London) November 24, 2020 9M 2020
Slide 17: Agenda
Agenda Topic FY 2019 Results for Selected Companies FY 2019 Results for Rocket Internet SE Summary Remarks 17
Slide 18: FY 2019 Results for Rocket Internet SE & Selected Companies
FY 2019 Results for Rocket Internet SE & Selected Companies 18