Slide 1: Brightcom Group covering letter to stock exchanges
brightcom group 74 7 Hel: +91 (40) 67449910 EEAX +91 (22) 66459677 May 20, 2020. The BSE Limited The National Stock Exchange of India Ltd. P. J. Towers, 25th Floor, Exchange Plaza, Bandra Kurla Complex, Dalal Street, MUMBAI – 400001. Bandra (E), Mumbai-400051. Scrip Code: 532368 Symbol: BCG Dear Mad
Slide 2: Financials of FY2020 (First Three Quarters)
FINANCIALS OF FY2020 (FIRST THREE QUARTERS)
Slide 3: Disclaimer
Certain Statements in this release reflecting our future growth prospects are forward – looking statements which involve a number of risks and uncertainties that could cause result to differ materially from those in such forward Disclaimer looking statements. The risks and uncertainties relating to
Slide 4: Income Statement
Income Statement (Amounts in Millions of USD) Operating Information Q1 FY2020 Q2 FY2020 Q3 FY2020 9 Months FY2020 Digital/Advertising Revenue $66.61 $73.42 $105.2 $245.23 Software Revenue $16.05 $16.08 $15.47 $47.6 Other Revenue $0.04 -$0.35 -$0.09 -$0.41 Extra-ordinary Income/ Gains $0 $0 $1.71 $1.
Slide 5: Balance Sheet
Balance Sheet (Amounts in Thousands of USD) ASSETS FY2020 Q2 Cash $15,242.59 Accounts Receivable $123,411.8 Short Term Loans & Advances $106,980.63 Other Current Assets $88,980.48 Total Current Assets $334,615.5 PP&E $3,586.86 Intangible Assets(Including Goodwill) $102,067.63 Capital Work-in-Progres
Slide 6: Revenue Growth Analysis
Revenue Growth The revenue growth from each quarter is compared between FY19 to FY20 by subsidiary. The top two growth contributors have been Dream Ad group and OMS. OMS had a de-growth in quarter one but quickly made it up in Analysis quarter three to come out in top two. QUARTERLY REVENUE BRIDGE (
Slide 7: Revenue Contribution Analysis
Revenue Contribution The largest contributor, thus far, to the consolidated revenue during FY20 is OMS. The contribution varies between Analysis 36-42%. At the nine month level it’s at 39%. Revenue Contribution by Subsidiary (Q1 FY20) Revenue Contribution by Subsidiary (Q2 FY20) 40% 100% 40% 100% 32
Slide 8: Revenue Contribution by Subsidiary
REVENUE CONTRIBUTION BY SUBSIDIARY Revenue Breakdown by Subsidiary (Q1 FY 2020): Revenue Breakdown by Subsidiary (Q2 FY 2020): Dyomo Corp Dyomo Corp 7.22% 7.01% Brightcom India Frontier Data Brightcom India Frontier Data 10.57% 18.61% 20.11% 11.74% Intl Expresions Max Interactive Intl Expresions 4.0
Slide 9: Gross Margin Analysis
We did see a dip in the gross profit margin of digital revenues in the 3rd quarter. We can attribute that to higher Gross Margin Analysis demand and lower supply of media due to the holiday season. However, the overall GP margin at the nine-month level is about 53.39%, which is in line with historic
Slide 10: SG&A Analysis
SG&A Analysis SG&A costs tend to grow at slower rate than the revenue growth after a certain threshold. You can witness that in the Q3FY20 at 22.74%. The nine-month percentage at 32.32% lines up with the historic expectations. SG&A COSTS & % OF REVENUE, (FY20 Q1-FY20 Q3) (Amounts in Millions of USD)
Slide 11: EBITDA Bridge
EBITDA Bridge EBITDA bridge between FY19 and FY20 levels is measured by Revenue growth, media costs, SG&A costs and extraordinary expense. One can see a slight increase in the consolidated nine-month EBIDTA from FY19 to FY20, from $83.95 million to $84.77 million. QUARTERLY EBITDA BRIDGE ( FY19 - FY