Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q1 2024 Earnings Presentation
14 slides from Kambi Group Plc Class B's earnings presentation, Apr 24, 2024
Slide 1: Kambi Group plc Q1 2024 Report
Kambi Group plc Q1 2024 Report 24 April 2024 1
Slide 2: Agenda
Agenda 1. Highlights 2. Financial summary 3. Commercial and strategic updates 4. Summary 5. Q&A Kambi Group plc – Q1 2024 Report 2 CEO Kristian Nylén, CFO David Kenyon
Slide 3: Highlights
Highlights − Tzeract partnered with kwiff for market-leading Bet Builder product − Retail agreement extended with Penn Entertainment − Launched with LiveScore in Nigeria and the Netherlands − Continued development of open platform Kambi Group plc – Q1 2024 Report 3 CEO Kristian Nylén, CFO David Keny
Slide 4: Q1 2024 financial summary
Q1 2024 financial summary Revenue EBITA (acq) Net cash €43.2m €5.8m €46.0m Q1 2023: €44.0m Q1 2023: €5.8m Q1 2023: €61.2m Kambi Group plc – Q1 2024 Report 4 CEO Kristian Nylén, CFO David Kenyon
Slide 5: Operator trading analysis
Operator trading analysis Kambi operators' turnover and trading margin 1100 12.0% 1056 989 1000 11.0% 911 913 900 10.0% 851 789 800 9.0% 758 757 712 700 683 8.0% 669 656 640 602 600 560 573 7.0% 505 500 6.0% 412 398 387 400 5.0% 300 4.0% 259 200 3.0% Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q
Slide 6: Cash flow
Cash flow €m 60.0 55.0 50.0 45.0 40.0 Opening cash Operating profit Amortisation & depreciation Working capital & other Tax paid Shares repurchased Closing cash less development costs Kambi Group plc – Q1 2024 Report 6 CEO Kristian Nylén, CFO David Kenyon
Slide 7: Share buybacks
Share buybacks Returning value to shareholders 244,000 3.1% €4.0m repurchased shares of total shares latest share buyback in Q1 2024 across held at 31 March 2024 programme runs until two programmes following buybacks 20 May Kambi Group plc – Q1 2024 Report 7 CEO Kristian Nylén, CFO David Kenyon
Slide 8: Key strategic and commercial milestones
Key strategic and commercial milestones Launched with Bingoal in Debut launch in Nigeria with Tzeract agreed debut commercial Netherlands and Belgium LiveScore partnership with kwiff Q1 Q2 so far Agreed retail partnership Partnered with Inspired to Partnered with BetMakers to Launched with LiveScore
Slide 9: Successful LiveScore launches
Successful LiveScore launches − LiveScore’s Kambi-powered sportsbook launched in Nigeria in March − The operator has since launched in the Netherlands − UK is LiveScore’s key market, with launches planned prior to the Euro 2024 tournament Kambi Group plc – Q1 2024 Report 9 CEO Kristian Nylén, CFO D
Slide 10: Modularisation progress
Modularisation progress Sharper focus on modular services − Completion of partner product requirements Kambi Group services now include: following successful 2023 partner wins − Greater focus now placed on modularisation efforts to deliver on long-term product and commercial strategy − Preparing sin
Slide 11: Tzeract partners with kwiff
Tzeract partners with kwiff Tzeract, the next dimension of sports betting − Tzeract secured its first commercial agreement this week, partnering with Timeline so far kwiff to provide its leading Bet Builder Launched on Kambi network for Q4 2022 World Cup − Tzeract’s soccer Bet Builder is planned to
Slide 12: Summary
Summary LiveScore rollout Commercialisation of Continue to build solid underway, UK launch to modular services foundations for follow imminently gaining momentum long-term growth Kambi Group plc – Q1 2024 Report 12 CEO Kristian Nylén, CFO David Kenyon
Slide 13: Q&A
Q&A kambi.com
Slide 14: Thank you
Thank you kambi.com 14