Frontier Digital Ventures Ltd. · ASX:FDV
Frontier Digital Ventures — 1H 2025 Earnings Presentation
33 slides from Frontier Digital Ventures's earnings presentation, Sep 8, 2025
Slide 1: 2025 Half Year Results Presentation
Leading online classifieds marketplaces in emerging regions 2025 Half Year Results Presentation ASX: FDV | 8 September 2025
Slide 2: Contents
CONTENTS 1. FDV Overview 4 2. 1H 2025 Group Financial Results 7 3. Operational Highlights by Region 14 4. Additional Information 30 2
Slide 3: FDV Overview
FDV Overview 3
Slide 4: About FDV
ABOUT FDV Leading online classifieds marketplaces in emerging regions Proven classifieds marketplace model Classifieds marketplaces play a central role in formalising markets, with FDV focusing on high value consumer goods – property and automotive. Classifieds have been some of the most successful
Slide 5: Market leading brands spanning three key regions
MARKET LEADING BRANDS SPANNING THREE KEY REGIONS Market leading classifieds marketplace businesses in the respective countries FDV ASIA #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 100% ownership 100% ownership Ownership levels vary from 30% to 56% 5
Slide 6: FDV Strategic Priorities
FDV STRATEGIC PRIORITIES Core business focus Margin expansion Market leadership Core business at the Streamlining businesses Extending market center of growth and cost control leadership, build trust ▪ Focusing on ▪ Focusing on high-margin ▪ Consumer’s first choice fundamentals classifieds verticals
Slide 7: 1H 2025 Group Financial Results
1H 2025 Group Financial Results 7
Slide 8: 1H 2025 Group Financial Highlights
1H 2025 GROUP FINANCIAL HIGHLIGHTS Record first half EBITDA driven by margin expansion and operating regions free cash flow positive. Revenue growth tempered by termination of low margin business line in InfoCasas. Statutory revenue Statutory EBITDA 360 LATAM, MMG and A$33.3m A$3.2m FDV Asia free ca
Slide 9: Financial Profile
FINANCIAL PROFILE Consistent long-term growth in EBITDA. Reported revenue tempered by termination of low margin business in InfoCasas. FDV Group statutory revenue FDV Group statutory EBITDA Statutory revenue Statutory EBITDA Statutory revenue inc. Associates Statutory EBITDA inc. Associates 5.1 3.8
Slide 10: Revenue Breakdown
REVENUE BREAKDOWN Statutory revenue of A$33.3m, decreasing 5% on 1H 2024 and operating revenue of A$40.7m, decreasing 1% on pcp In 360 LATAM the termination of low-margin business in InfoCasas led to a decline in revenue, while revenues in MMG and FDV Asia increased Group revenue breakdown (A$m) 360
Slide 11: Operating Expenses Breakdown
OPERATING EXPENSES BREAKDOWN OPEX reduced by 10% to A$30.1m (1H 2024: A$33.3m) Statutory operating expenses breakdown (A$m) Group operating expenses 1H 2024 1H 2025 Total group operating expenses of A$30.1m in 1H 2025, decreasing 10% on 1H 2024. Employment (10.9) (10.9) Employment Remained stable at
Slide 12: EBITDA Breakdown
EBITDA BREAKDOWN 71% increase in statutory EBITDA and 5 percentage point margin expansion, driven by 360 LATAM performance Group EBITDA1 and Margin Group statutory EBITDA (A$m) 5.1 Record first half statutory EBITDA of A$3.2m in 1H 2025, increasing 71% from A$1.9m in 1H 2024, including: ▪ 360 LATAM
Slide 13: 1H 2025 Summary Results
1H 2025 SUMMARY RESULTS 1H 2025 1H 2024 Change 1. Group statutory revenue: A$33.3m statutory revenue in 1H 2025, Summary results from continuing operations A$000 A$000 A$000 % decreased 5% on 1H 2024, primarily due to decrease in revenue within 360 LATAM Group of 15%. Decrease was offset by organic
Slide 14: Operational Highlights by Region
Operational Highlights by Region 14
Slide 15: 360 LATAM Update
360 LATAM UPDATE EBITDA2 increase of 61% vs pcp driven by strong classifieds growth Revenue EBITDA2 and margin Revenue by category (A$m) (A$m)2 4.0 27.7 3.6 3.5 Transactions1, 3.0 25% -15% 23.4 +61% +15% 2.5 2.2 vs pcp vs pcp margin Classifieds, 2.0 63% 1.5 +8% 1.0 Events, 7% margin 0.5 - Advertisin
Slide 16: Encuentra24 Update
ENCUENTRA 24 UPDATE Continued growth in classifieds business with EBITDA margin increasing to 28% Revenue EBITDA Cash2 (A$m) (A$m) (A$m) $6.8 $5.8 0.4 2.0 $1.9 80% +18% 0.2 +103% 1.8 $1.7 150% 0.7 1.8 +113% 0.3 vs pcp vs pcp 70% 1.6 vs pcp 130% 0.4 1.6 60% 0.4 1.4 1.4 110% 2.1 1.7 1.2 1.2 50% 72% 90
Slide 17: Encuentra24 Update
ENCUENTRA 24 UPDATE Classifieds revenue growth of 18% pcp driven by significant customer acquisition Classifieds business PCP growth summary Agents (real estate) Dealers (auto) 2,000 2,000 1.8k 1,800 185 197 1,000 200 900 Revenue Customer1 ARPU2 1.3k 1,600 1,400 152 800 1,500 150 700 1.1k Agents 1,2
Slide 18: Yapo Update
YAPO UPDATE EBITDA improved with increasing margin to 16% driven by operational efficiency Revenue EBITDA Cash2 (A$m) (A$m) (A$m) $3.9 $3.6 +8% +50% 40%0.5 +180% $0.4 0.3 1.0 0.7 $0.6 vs pcp vs pcp 35% vs pcp 50% 0.6 0.6 30%0.3 0.3 32% 0% 0.5 25% 1.2 0.4 $0.4 0.1 -50% 1.3 16% 20% 0.3 -100% 10% -0.1
Slide 19: Yapo Update
YAPO UPDATE Agents and dealers have begun sharing higher tier accounts, decreasing unique customers but increasing ARPU 900 Classifieds business PCP growth summary Agents (real estate) 150 Developers (real estate) 1,500 500 110 Revenue Customer1 ARPU2 $474 99 1,103 100 Agents 965 -8% -24% +20% 1,000
Slide 20: Fincaraíz Update
FINCARAIZ UPDATE Higher margins and stronger free cash conversion Revenue EBITDA Cash2 (A$m) (A$m) (A$m) $7.6 $0.6 0.6 50% $6.6 +15% 1.6 +41% $1.5 40% 1.5 vs pcp 1.4 vs pcp 0.5 35% $0.4 +50% 40% 1.2 vs pcp 0.9 0.7 1.2 $1.0 30% 0.4 24% 30% 0.9 0.5 1.0 19% 25% 0.8 16% 0.3 20% 20% 0.6 15% 0.2 10% 4.1 4
Slide 21: Fincaraíz Update
FINCARAIZ UPDATE Classifieds grew 11% on pcp, driven by customer growth and stronger ARPU across agents and private sellers Classifieds business PCP growth summary Agents (real estate) Developers (real estate) 2.3k 2.3k 2.4k 500 2,500 200 450 171 5,000 Revenue Customer1 ARPU2 180 400 149 4,500 2,000
Slide 22: InfoCasas Update
INFOCASAS UPDATE Focus on core classifieds business Revenue EBITDA Cash2 (A$m) (A$m) (A$m) $11.7 0.6 $0.5 30%0.2 90% -56% $0.1 vs pcp 0.5 -19% $0.4 25%0.1 $0.1 vs pcp +13% 70% 0.4 20%0.1 vs pcp 50% 9.3 $5.1 0.3 15%0.0 30% 9% 3.0 0.2 10%0.0 5% 1H 2024 1H 2025 10% 0.8 0.4 0.1 5% -0.1 -10% 1.2 1.4 -6%
Slide 23: InfoCasas Update
INFOCASAS UPDATE Classifieds growing steadily, rental transactions up, sales transactions impacted by business model shift Classifieds business PCP growth summary Agents Revenue Customer1 ARPU2 1,600 1.4k 500 1,400 Agents 1,200 1.1k 400 +14% +23% -14% 1.0k 1,000 300 Avg monthly no. active Sales 800
Slide 24: MMG Update
MMG UPDATE EBITDA increase of 101% pcp driven by strong revenue growth and operational efficiency Revenue EBITDA and margin Revenue by category (A$m) (A$m) 0.6 +22% +101% Transactions1,14% vs pcp 5.4 vs pcp Events, 9% 4.4 Classifieds, 0.3 57% +11% margin Advertising, +6% 22% margin 1H 2024 1H 2025 1
Slide 25: Avito Group Update
AVITO GROUP2 UPDATE Modest classifieds growth with upside from adjacent revenue streams Revenue EBITDA Cash (A$m) (A$m) (A$m) $5.0 0.7 30% 0.8 250% $4.1 +18% 0.6 $0.7 0.6 $0.5 0.7 25% -14% $0.6 0.3 vs pcp 0.5 0.6 200% 0.2 0.5 20% vs pcp 1.0 $0.4 +43% 0.5 132% 0.9 0.4 vs pcp 150% 0.8 11% 15% 0.4 90%
Slide 26: Avito Group Update
AVITO GROUP UPDATE Steady growth across verticals Classifieds business PCP growth summary Agents (real estate) Developers (real estate) 669 282 Revenue Customer1 ARPU2 581 608 300 Agents 232 225 800 500 +14% +15% -2% 500 200 $452 600 (Real Estate) $353 $135 $138 $133 $280 400 Developers -5% +21% -22
Slide 27: FDV Asia Update
FDV FDV ASIA UPDATE ASIA Consolidated entities delivered 48% revenue growth and flat EBITDA vs pcp Revenue EBITDA and margin Revenue by category (A$m) (A$m) 4.5 Classifieds, 17% 0.06 LPW 0.2 0.2 3.0 +48% vs pcp +7% Advertising, 8% margin +5% 0.23 Autodeal Events, 2% margin Transactions1, 72% 1H 2024
Slide 28: FDV Asia Entity Highlights
FDV ENTITY HIGHLIGHTS ASIA IMH Group Myanmar Philippines Sri Lanka Auto vertical Real esate vertical Real estate vertical Auto vertical 1H 2025 revenue 1H 2025 revenue 1H 2025 revenue 4% 4% 6% 1% 20% 3% Classifieds Classifieds 18% Classifieds Advertising Advertising Advertising 12% Events Events Eve
Slide 29: FDV Update in Pakistan
FDV UPDATE IN PAKISTAN ASSOCIATE Revenue and EBITDA increased 22% and 191% on pcp respectively, with margin up to 25% in 1H 2025 Revenue EBITDA and margin Revenue by category (A$m) (A$m) 7.4 +25% 6.1 margin 1.5 Classifieds, 32% +22% +11% 1.9 1.0 vs pcp margin 0.4 0.7 +191% 5.9 vs pcp 5.1 Transaction
Slide 30: Additional Information
Additional Information 30
Slide 31: Statutory Revenue by Brand
STATUTORY REVENUE BY BRAND Accounting treatment 1H 2025 1H 2024 Growth 360 LATAM 23,399,354 27,689,609 (15%) InfoCasas Consolidated 5,095,837 11,688,431 (56%) Fincaraíz Consolidated 7,609,731 6,632,793 15% Encuentra24 Consolidated 6,819,834 5,794,398 18% Yapo Consolidated 3,873,952 3,573,987 8% MENA
Slide 32: Statutory EBITDA by Brand
STATUTORY EBITDA BY BRAND 1H 2025 EBITDA & margin 1H 2024 EBITDA & margin Accounting treatment EBITDA Change (absolute terms) A$ % A$ % 360 LATAM 3,552,500 15% 2,895,121 10% 657,379 InfoCasas Consolidated 442,828 9% 545,935 5% (103,107) Fincaraíz Consolidated 1,454,832 19% 1,034,350 16% 420,482 Encu
Slide 33: Contact Us
CONTACT US PRINCIPAL OFFICE 39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra Kuala Lumpur, Malaysia www.frontierdv.com www.frontierdv.com ABOUT FDV This announcement is authorised for release by the Board Frontier Digital Ventures (FDV) is a leading owner and operator of of Directors of Fro
Frontier Digital Ventures — 1H 2025 Earnings Presentation on 6ix