Novatti Group Ltd. · ASX:NOV
Novatti — Shareholder Meeting (November 2021)
13 slides from Novatti's shareholder meeting presentation, Nov 24, 2021
Slide 1: Annual General Meeting Presentation
For personal use only Annual General Meeting Presentation Peter Cook Managing Director www.novatti.com 24 November 2021
Slide 2: Disclaimer
Disclaimer For personal use only The material contained in this document is a presentation of general information about Novatti Group Limited’s activities, current as at the date of this presentation on 24 November 2021. It is provided in summary and does not purport to be complete. You should not r
Slide 3: Novatti enables businesses to pay and be paid
For personal use only Novatti enables businesses to pay and be paid, from any device, anywhere. From corner stores and startups to global organisations, our solutions will unlock your ambitions. 3
Slide 4: Business Overview
Business Overview For personal use only • Novatti provides businesses with everything they need to pay and be paid • Focus on mobility through technology – using any device, anywhere Issuing Acquiring Processing Billing Banking* • Cover the complete payments value Prepaid Visa Enabling Including Inc
Slide 5: Strategy
Strategy For personal use only Technology • Leveraging our leading B2B ecosystem combining: o Technology – digital and mobile platforms Fintech o Licences – opening jurisdictions and highlighting trust Digital Billing Wallets o Partnerships – providing scale without substantial capital Payments o Te
Slide 6: Supported by key market growth
Supported by key market growth For personal use only Seeing strong growth across key markets: 11.1m US$699b US$9.2b US$5.3b $2.85b 9.6m US$583b US$6.5b $1.8b US$2.4b Prepaid cards issued in Australia Point-of-sale and e-com Personal remittances Global accounts receivable/payable Resident deposits wi
Slide 7: FY21 – new growth strategy
FY21 – new growth strategy For personal use only • Started with $10m capital raising • Funds were applied to delivering a new growth strategy • Achievements included: New New Zealand Team growth New acquiring Ripple Emersion partnerships licence and – from 65 to 128 business partnership launched ext
Slide 8: FY21 – record results
FY21 – record results For personal use only Annual Sales Revenue 18 • FY21 saw Novatti’s strongest ever revenue results 16 +50% 14 on FY20 • Annual sales revenue grew 50% to $16.5m 12 10 • Annual processing sales revenue grew 73% to 8 nearly $11.3m 6 4 • Total annual revenue grew 55% to $18.4m 2 - $
Slide 9: FY22 – expanded growth strategy
FY22 – expanded growth strategy For personal use only • Started with $40m+ capital raising • Now delivering on new, expanded growth strategy: Increase presence in Enter new Pursue Strategic Reckon existing markets markets acquisitions investment • Visa and Mastercard • Ripple partnership • A
Slide 10: FY22 – continued strong growth
FY22 – continued strong growth* For personal use only Quarterly Sales Revenue • September quarter sales revenue - $5.3m 6 o Highest-ever 5 +49% Year-on-year o 49% increase year-on-year 4 • Payment processing sales revenue - $4.2m 3 o 10th straight record quarter 2 $m Sep-20 Dec-20 Mar-21 Jun-21 Sep-
Slide 11: Acquisition of ATX
Acquisition of ATX For personal use only • Novatti will acquire ATX – a leading South-East Asian payments fintech • Provides strong business in Malaysia and platform to continue expansion in South East Asia $3m $0.6m 2.8X FY21 Annual FY21 EBITDA1 Valuation multiple2 Revenue1 Customers include: 10k+
Slide 12: Acquiring licences
Acquiring licences For personal use only • Novatti’s acquiring business enables merchants to accept payment • Visa and Mastercard Acquiring Licences Bank/Issuer Acquirer o Bring through larger business opportunities o Generate higher gross margins over long term • Already seeing growing customer bas
Slide 13: Outlook
Outlook For personal use only • Main ambition – continue to grow top line revenue • Deliver on expanded growth strategy: o New and expanded markets Finalise restricted banking licence approval Discussions with Ripple on new markets in South East Asia o Acquisitions ATX – complete acquisition a