Way 2 Vat Ltd · ASX:W2V
Way 2 Vat — Q2 FY22 Earnings Presentation
16 slides from Way 2 Vat's earnings presentation, Aug 8, 2022
Slide 1: Global VAT Refunds Solution at your Fingertips - Quarterly Update (Q2 FY22)
For personal use only Global VAT Refunds Solution at your Fingertips Quarterly Update (Q2 FY22)
Slide 2: W2V is the world's only fintech company that automates global VAT/GST reclaim
W2V is the world’s only fintech company For personal use only that automates global VAT/GST reclaim processing through image processing and AI VAT/GST refunds in 20 languages across 40 countries Resulting in up to 30% more reclaimed VAT/GST 19 Technology Partners Key Partners SMB Customers Enterpris
Slide 3: Key Operational Achievements for Q2 FY22
Key Operational Achievements for Q2 FY22 For personal use only Operational updates Acquisition updates • Increased partners to six after partnering with • Acquired 100% of DevoluLVA, Spanish company with Circula (broadening the entry for DACH region) as complementary product offering the largest exp
Slide 4: Financials
For personal use only Financials 4
Slide 5: Financial Highlights Q2 FY22
Financial Highlights Q2 FY22 For personal use only $5.6M 215 850 85% $2.1M $194k Transaction Volume Total Enterprise clients SMB Clients Unaudited Gross Cash balance Cash Receipts (Up 153% QoQ) (Up 25% pcp) (up 13% QoQ) Margin As at 30 Jun 22 (Down 45% QoQ)1 Currency presented in Australian dollars
Slide 6: Quarterly Cash Flows – Q2 FY22
Quarterly Cash Flows – Q2 FY22 For personal use only Cash Flow ($A’000) Current Cash Flow (Continued) ($A’000) Current Quarter Quarter Payments to acquire for entities (100) Refunded collected from customers 194 Payments to acquire for Property, Plant & Equip (9) Adjustments related to customers 14
Slide 7: Product Innovation
For personal use only Product Innovation 7
Slide 8: Smart Spend Debit Mastercard
SMART SPEND DEBIT For personal use only MASTERCARD World’s first spend card for the SMB and Enterprise market that fully automates VAT/GST returns from end-to-end. 8
Slide 9: Smarter management of corporate expenses
Smarter management of Offering For personal use only corporate expenses Subscriptions Control Accounts Payable Compliance Visibility Travel Expenses Savings VAT Reclaim 9
Slide 10: Strategy
For personal use only Strategy 10
Slide 11: Growth Strategy
Growth Strategy For personal use only Grow sales through Increase number of European Hub integration partnerships Focus on SMB Consider growth solution by opportunities via engaging with SMB acquisition technology vendors 11
Slide 12: DevoluIVA Acquisition
For personal use only DevoluIVA Acquisition 12
Slide 13: DevoluIVA acquisition overview
For personal use only • DevoluIVA offers innovative technological solutions for the comprehensive management of corporate expenses and the automatic recovery of national and international VAT. • Providing automatic local VAT reclaims through network DevoluIVA of more than 130,000 merchant across Spa
Slide 14: For personal use only
For personal use only subscription travel expenses accounts payable Mobile App Ruling Engine Payment VAT Compliance VAT Refund (smarter mng of expenses) (smart spend card) (AIA) Money is back to card balance 14
Slide 15: Outlook
Outlook For personal use only • Continued growth in revenue in next 12 months • Increase in business, international and domestic travel in post covid environment • Finalising complementary product for VAT/GST automated platform on Automated Invoice Analysis, AI and computer vision technology • Accel
Slide 16: Thank You
For personal use only THANK YOU 16