Paradise Entertainment Limited · HKEX:1180
Paradise Entertainment — H1 2021 Earnings Presentation
12 slides from Paradise Entertainment's earnings presentation, Aug 26, 2021
Slide 1: Paradise Entertainment Limited 2021 Interim Results
1 Paradise Entertainment Limited (Incorporated in Bermuda with limited liability) 1180.HK 2021 Interim Results 26 August 2021 11
Slide 2: Business Update
BUSINESS UPDATE For the six months ended 30 June 2021 2
Slide 3: Business Update – 1H2021
BUSINESS UPDATE – 1H2021 1. The outbreak of Covid-19 since early 2020 continued to bring un-precedent challenges and adverse impacts to global economy, as well as the Group’s results 2. Continued investment in R&D of electronic gaming equipment and systems. The Group continued to provide upgrading s
Slide 4: Financial Update
FINANCIAL UPDATE For the six months ended 30 June 2021 4
Slide 5: Financial Highlights – 1H2021
FINANCIAL HIGHLIGHTS – 1H2021 GGR Adjusted EBITDA Casino Kam Pek Paradise 5.1 HK$ 416.9 (1H2020: HK$262.4m) m HK$ m (1H2020: loss of HK$53.5m) Reported Revenue Net loss HK$ 257.9 (1H2020: HK$177.3m) m HK$ 21.5 m (1H2020: net loss of HK$111.3m) 5
Slide 6: Revenue & Adjusted EBITDA
REVENUE & ADJUSTED EBITDA Adjusted EBITDA by Properties/Nature Reported Revenue by Segment HK$ million 1H2021 1H2020 HK$ million Casinos under the Group’s management: • Casino Kam Pek Paradise 39.1 (14.1) 300.0 257.9 • Casino Waldo (1) - (21.8) Subtotal 39.1 (35.9) 250.0 30.2 177.3 Electronic gaming
Slide 7: Casino Management Services
CASINOS UNDER MANAGEMENT PERFORMANCE HIGHLIGHTS C ASINO MANAGEMENT SERVICES 1H2021 1H2020 GGR 416.9million HK$ 262.4million HK$ GGR Contribution - Traditional Tables 45.2% 39.4% - LMG 51.5% 55.4% - Slot Machines 3.3% 5.2% 100.0% 100.0% Reported Revenue HK$ 227.7million HK$ 142.6million Adjusted EBIT
Slide 8: KPIs for Casinos under Management
KPIs FOR CASINOS UNDER MANAGEMENT 1H2021 1H2020 HK$ HK$ Total GGR for the period 416.9 million 262.4 million Traditional Gaming Tables GGR per table/day 26,700 22,700 LMG Gaming Tables GGR per table/day 118,600 79,900 GGR per terminal/day 2,465 1,324 Blended Table GGR per table/day 45,400 39,100 8
Slide 9: GGR Contribution in Casino Kam Pek Paradise
GGR CONTRIBUTION IN CASINO KAM PEK PARADISE Contribution of GGR (%) 80.0% 70.0% 60.0% 50.0% Traditional gaming table 40.0% LMGs Slot 30.0% 20.0% 10.0% 0.0% 2013 2014 2015 2016 2017 2018 2019 2020 1H2021 GGR of LMGs outperformed traditional gaming tables during pandemic since 2020 9
Slide 10: Electronic Gaming Equipment & Systems
ELECTRONIC GAMING EQUIPMENT & SYSTEMS PERFORMANCE HIGHLIGHTS ELECTRONIC GAMING EQUIPMENT & SYSTEMS Upgrade of LMGs in Macau 1,228units Reported Revenue HK$ 30.2million R&D and Other Costs incurred (included in Adjusted EBITDA) HK$ 27.9million Adjusted EBITDA (loss) (14.3) million HK$ OUR GROWING SLO
Slide 11: Contact Information
CONTACT INFORMATION To follow us on WeChat, Hong Kong Office Unit C, 19F, Entertainment Building, 30 Queen’s Road Central, Hong Kong SAR Corporate Strategy & Investor Relations Tel: (852 ) 2620 5303 Leo Chan Chief Financial Officer & Company Secretary Macau Office paradise.ir@hk1180.com Suite 1207,
Slide 12: Disclaimer
Disclaimer This document has been prepared by Paradise Entertainment Limited (abbreviated as “Paradise” or the “Company”) for the sole purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or to form any bas
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