River Tech P.l.c. · OSL:RIVER
River Tech P.l.c — River iGaming — H1 2018 Earnings Presentation
17 slides from River Tech P.l.c's earnings presentation, August 2018
Slide 1: 1H report 2018
1H report 2018 CEO Kent Staahle & CFO Shawn Bezzina
Slide 2: Agenda
Agenda Words from the CEO River iGaming’s strategy River iGaming’s business units Group financials Outlook 2
Slide 3: Words from the CEO – An incredible beginning to a great adventure
WORDS FROM THE CEO – An incredible beginning to a great adventure A company in the making “Approximately 8 months ago I was put to the task of building an innovative “This summer, after long negotiations, we closed our biggest deal so far. We gaming company with a tech focus, backed by Norwegian inv
Slide 4: Agenda
Agenda Words from the CEO River iGaming’s strategy River iGaming’s business units Group financials Outlook 4
Slide 5: Bringing your ideas to life – River iGaming's strategy (I/II)
Bringing your ideas to life – River iGaming’s strategy (I/II) Build an attractive ecosystem within the iGaming industry Emphasized focus on technological innovation Investments contribute to synergies & profitability within the ecosystem Buy and Build strategy – Equal focus Rigged for rapid organic
Slide 6: Bringing your ideas to life – River iGaming's strategy (II/II)
Bringing your ideas to life – River iGaming’s strategy (II/II) Initial focus has been operational business & customer acquisitions through digital marketing Game providers / Digital marketing / content Operations content Gaming technology Customers Payment solutions Going forward River iGaming will
Slide 7: Milestones – first half of 2018
Milestones – first half of 2018 First acquisition: Holta Invest Awarded a Remote 01.01.2018 15.02.2018 06.08.2018 www.vegascasino.c became a Gaming License by om (Migrated to significant owner Malta Gaming Xcaliber 12.03.18) Authority (MGA) January 2018 August 2018 Second acquisition: Listed on the
Slide 8: Agenda
Agenda Words from the CEO River iGaming’s strategy River iGaming’s business units Group financials Outlook 8
Slide 9: River Game Operations - Vegas Casino (I/II)
River Game Operations - Vegas Casino (I/II) • We have only been operational for half a year, during this time we have From migration on to Xcalibur in March we have lifted the accomplished a large number of tasks, as well as building the operational deposit monthly rate from 400 000 Euro per month (
Slide 10: River Game Operations - Vegas Casino (II/II)
River Game Operations - Vegas Casino (II/II) Deposits (EUR 000) GGR vs NGR (EUR 000) 1 000 700 900 600 800 700 500 600 400 500 400 300 300 200 200 100 100 - - 1 2 3 4 5 6 1 2 3 4 5 6 NDC (#) BETS (EUR 000) 2 000 16 000 14 000 1 500 12 000 10 000 1 000 8 000 6 000 500 4 000 2 000 - - 1 2 3 4 5 6 1 2
Slide 11: River Game Operations - Gaming Realms
River Game Operations - Gaming Realms • In June we signed an asset purchase agreement on the vast majority of the B2C online casino from the UK-based company Gaming Realms Plc. The acquisition will create significant synergies with the Company`s existing business. • The Target Business features well
Slide 12: River Game Intelligence - Mediafusion
River Game Intelligence - Mediafusion • Mediafusion are delivering parallel operations internally on behalf of River iGaming. Mediafusion is River groups major strategy towards efficient and cost • We have implemented a full scale GDPR solution on behalf of reducing customer acquisitions VegasCasino
Slide 13: Agenda
Agenda Words from the CEO River iGaming’s strategy River iGaming’s business units Group financials Outlook 13
Slide 14: Group P&L
Group P&L Condensed Consolidated Statement of Comprehensive income (EUR) • The Group registered a loss for the period 01.01.2018- 01.01.2017- 30.06.2018 30.06.2017 before tax of €2.5M. Revenue 582,966 - • Revenue refers to share of profit generated from the operations of Vegas Direct cost -1,067,426
Slide 15: Group balance sheet
Group balance sheet Condensed Consolidated Statement of Financial Position (EUR) • The trade and other receivables includes 30.06.2018 31.12.2017 the instalment paid to acquire Vegas Property, Plant and Equipment 99,268 - Casino as well as the profit share attributable to date. Non Current Assets 99
Slide 16: Agenda
Agenda Words from the CEO River iGaming’s strategy River iGaming’s business units Group financials Outlook 16
Slide 17: Going forward – second half of 2018
Going forward – second half of 2018 Implement RIVER UK Streamline the Casino customer Continue our acquisition focus on technological innovation Enter new markets and licenses in relevant markets Capitalize on the momentum of the business 17