Take-two Interactive Software, Inc. · NASDAQ:TTWO
Take-two Interactive Software — UBS 39th Annual Global Media and Communications Conference 2011
20 slides from Take-two Interactive Software's conference presentation, Dec 6, 2011
Slide 1: Take-Two Interactive Software, Inc. - UBS 39th Annual Global Media and Communications Conference
Take-Two Interactive Software, Inc.(NASDAQ: TTWO) UBS 39th Annual Global Media and Communications Conference December 6, 2011
Slide 2: Forward-Looking Statements
Forward-Looking Statements The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "pr
Slide 3: Take-Two Is ...
Take-Two Is ... A leading global developer, marketer and publisher of interactive entertainment Rockstar Games 2K Grand Theft Auto NBA 2K Midnight Club Sid Meier’s Civilization Red Dead BioShock Max Payne Carnival Games L.A. Noire Mafia Bully Border lands The Darkness Net revenue of $1.14 billion in
Slide 4: Investment Highlights
Investment Highlights A global leader in the strongest growth segment of the entertainment industry World-class creative teams Diverse portfolio of industry-leading intellectual property Proven growth strategy focused on building compelling interactive entertainment franchises Actively investing in
Slide 5: A Leading Global Publisher of Interactive Entertainment
A leading Global Publisher of Interactive Entertainment Groundbreaking action / adventure blockbuster titles Focused on internally owned and developed intellectual property 7 internal studios High-quality titles for a range of gamers across all key platforms Shooter, action, role-playing, strategy,
Slide 6: World-Class Creative Teams
World-Class Creative Teams Over 1,550 in-house developers Strong relationships with leading third-party studios Developed two of the three highest-rated titles for Xbox 360 and the highest-rated title for PS3 and DS 1 Grand Theft Auto IV 2008 98 2 Batman: Arkham City 2011 96 2 Unchartered 2: Among T
Slide 7: Diverse Portfolio of Industry-Leading Intellectual Property
Diverse Portfolio of Industry-Leading Intellectual Property 19 proprietary brands 5 new franchises launched since 2007 Bioshock Borderlands Carnival Games L.A. Noire The Darkness 33 distinct multi-million unit selling titles
Slide 8: The Grand Theft Auto Franchise
Diverse Portfolio of Industry-Leading Intellectual Property The Grand Theft Auto Franchise The interactive entertainment industry’s most iconic and critically acclaimed brand Pioneered and continues to redefine the open world action genre Franchise has sold-in over 117 million units •Grand Theft Aut
Slide 9: Key Rockstar Franchises
Diverse Portfolio of Industry-Leading Intellectual Property Key Rockstar Franchises Action/adventure game set in early 1900’s Western frontier Red Dead Redemption received average Metacritic ratings of 95 and over 150 “Game of the Year” awards Highly successful single and multiplayer add-on content
Slide 10: Key 2K Games Franchises
Diverse Portfolio of Industry-Leading Intellectual Property Key 2K Games Franchises One of world’s top strategy titles for the PC Franchise has sold-in nearly 11 million units Includes Take-Two’s first social game –Sid Meier’s Civilization Worldfor Facebook •Highly visual, graphic noir style shooter
Slide 11: The NBA 2K Franchise
Diverse Portfolio of Industry-Leading Intellectual Property The NBA 2K Franchise Top-ranked NBA title for 11 years running Franchise has sold-in over 18 million units NBA 2K11has sold-in over 5.5 million units and won more than 20 “Sports Game of the Year” awards NBA 2K12 achieved the highest scores
Slide 12: Key 2K Play Franchises
Diverse Portfolio of Industry-Leading Intellectual Property Key 2K Play Franchises Family-friendly game offered on multiple platforms including Xbox 360 (Kinect), Wii, DS, 3DS and iOS Internally owned and developed Franchise has sold-in over 8 million units Wide-ranging slate of games based on popul
Slide 13: Proven Growth Strategy
Proven Growth Strategy Focused on building compelling franchises
Slide 14: Proven Growth Strategy: Evolving Business Models
Proven Growth Strategy Driving value through evolving business models Generates incremental revenue streams Extends the life and value of titles Bridges development cycles for franchises Disc DLC May 2010 Nov 2010 June 2010 August 2010 Sept 2010 Oct 2010
Slide 15: Proven Growth Strategy: Mobile, Online and Social Gaming
Proven Growth Strategy Actively investing in mobile, online and social gaming Released 10th offering for Apple’s iOS platform – NBA 2K12 First offering for Android coming this Fall - Grand Theft Auto III Partnered with leading Asian companies to develop online games Tencent – online version of NBA 2
Slide 16: Demonstrated Financial Performance
Demonstrated Financial Performance Grew net revenue from $701 million in fiscal 2009 to $1.14 billion in fiscal 2011 (all organic) (1) Increased global presence with 44% of revenues from outside the U.S. in fiscal 2011 Achieved $40 million of annual cost savings since 2007 Profitable on a non-GAAP b
Slide 17: Strong Balance Sheet and Capital Reserve
Strong Balance Sheet and Capital Reserve $270 million in cash as of September 30th $100 million undrawn credit line Opportunistically raised an additional $250 million through convertible note offering in November
Slide 18: Take-Two Positioned for Continued Success
Take-Two Positioned for continued success Global interactive entertainment company focused on building compelling franchises World-class creative talent Diverse, balanced portfolio of industry-leading intellectual property Actively pursuing growth opportunities in digitally delivered content and mob
Slide 19: Glossary: Non-GAAP Financial Measures
Glossary Non-GAAP Financial Measures In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses Non-GAAP measures of financial performance that exclude certain non-recurring or non-cash items. Non-GAAP gross profit, income (lo
Slide 20: Glossary: Non-GAAP Reconciliation
Glossary Non-GAAP Reconciliation ($ in millions, except per share data) 12-months ended March 31, 2011 Net income $48.5 Plus: Discontinued operations 5.3 Plus: Professional fees and legal matters 0.8 Plus: Stock based compensation 28.8 Plus: Non-cash interest expense 7.4 Plus: Non-cash tax expense 1