Slide 1: Intimation of Investor Presentation to Stock Exchanges
Nazara Technologies Limited Nazara TM May 13, 2022 To, Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1. G Block, Dalal Street, Mumbai - 400 001. Bandra -Kurla Complex, Bandra (East
Slide 2: Investor Presentation Q4 & FY22
Nazara Technologies Limited Investor Presentation Q4 & FY22
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nazara Technologies Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 4: Q4 & FY22 Performance
Q4 & FY22 PERFORMANCE
Slide 5: Management Commentary
Management Commentary Commenting on the performance, Mr. Manish Agarwal, CEO at Nazara Technologies said, “On behalf of Nazara Group, I am glad to report that we have surpassed our revenue and EBITDA guidance for FY22, despite the headwinds caused by change in Apple policies & regulatory environment
Slide 6: Key Metrics: FY22 P&L Highlights
Key Metrics: FY22 P&L Highlights (All figures in Rs. Mn) FY22 FY21 YoY% Revenue Mix Revenue by business segments i. eSports 3,039 1,701 79% 10% ii. Gamified early learning 2,044 1,759 16% 5% 3% iii. Freemium 213 195 9% iv. Real money gaming 297 138 115% FY22 49% v. Telco subscription 624 749 -17% 33
Slide 7: Key Metrics: Q4FY22 P&L Highlights
Key Metrics: Q4FY22 P&L Highlights (All figures in Rs. Mn) Q4FY22 Q4FY21 YoY% Revenue Mix Revenue by business segments i. eSports 916 486 88% 9% ii. Gamified early learning 513 506 1% 7% 3% iii. Freemium 57 43 33% iv. Real money gaming 117 20 485% Q4FY22 52% v. Telco subscription 148 179 -17% 29% To
Slide 8: Summary: FY22 Highlights
Summary: FY22 Highlights ✓ Over the last three years, eSports has seen a 90%+ revenue CAGR, with Nodwin growing by over 65% and Sportskeeda growing by over 130% eSports ✓ This segment now contributes the highest revenue in Nazara portfolio with 49% contribution in FY22 revenue vs 37% in FY21 Gamifie
Slide 9: eSports: Overall – Q4 & FY22 Highlights
eSports: Overall – Q4 & FY22 Highlights With the inclusion of eSports in the Tokyo Olympics 2020 and Asian Games 2022, the year 2021 opened up new global opportunities for the sector eSports segment grew by 79% YoY in FY22 and 88% in Q4FY22 over Q4FY21 “There are over 14 eSports broadcast platforms
Slide 10: eSports: Nodwin Gaming – Q4 & FY22 Highlights
eSports: Nodwin Gaming – Q4 & FY22 Highlights Figures in Rs. Mn Revenue EBITDA EBITDA % ▪ NODWIN Gaming which includes Publishme continued revenue growth momentum with 78% growth in Q4FY22 and 66% in FY22 on a YoY basis 713 2,247 ▪ Media revenue increased by 84% YoY in Q4FY22, accounting for 20% of
Slide 11: eSports: Sportskeeda – Q4 & FY22 Highlights
eSports: Sportskeeda – Q4 & FY22 Highlights Figures in Rs. Mn FY22 FY21 Revenue EBITDA EBITDA % Revenue Mix Direct Sales 13% 11% 203 792 Programmatic Sales 87% 89% 28.2% 17.7% 34.6% India 30% 29% 48.5% Geography Mix USA 52% 56% 85 344 274 ROW 18% 14% 36 167 24 Combat Sports 45% 56% eSports 15% 19% F
Slide 12: Gamified Learning: Paperboat Apps – Q4 & FY22 Highlights
Gamified Learning: Paperboat Apps – Q4 & FY22 Highlights Figures in Rs. Mn Revenue Revenue EBITDA EBITDA % ▪ Q4FY22 revenue saw a marginal growth on YoY basis. For FY22, revenue grew by 2,044 16% over FY21 inspite of Apple IDFA issue starting to impact in Q1 FY22 506 513 1,759 ▪ The YOY revenue isn’
Slide 13: Gamified Learning: Paperboat Apps – Q4 & FY22 Highlights
Gamified Learning: Paperboat Apps – Q4 & FY22 Highlights Marketing Spends Key Metrics* Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 ▪ For FY22 marketing spends stood at US$ 9.4 million as compared to US$ 12.5 million in Marketing FY21, lower by 25% YoY due to a change in the Apple privacy
Slide 14: Freemium: Q4 & FY22 Highlights
Freemium: Q4 & FY22 Highlights Figures in Rs. Mn Q4FY22 Revenue EBITDA EBITDA % 43 Daily Engagement 57 213 (in minutes) 41 195 43 18.6% 33.3% 20.5% 18.8% WCC 2 WCC 3 0.11% 19 8 40 40 IAP conversion (% DAUs) 0.01% Q4FY21 Q4FY22 FY21 FY22 WCC 2 WCC 3 ▪ WCC (World Cricket Championship) is the world’s l
Slide 15: Skilled based Real Money Gaming: Q4 & FY22 Highlights
Skilled based Real Money Gaming: Q4 & FY22 Highlights HalaPlay Revenue EBITDA EBITDA % OpenPlay Revenue Monthly Active Users Figures in Rs. Mn 50,000 30,745 39,981 22,533 25,854 24,169 117 295 1 2 0 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 233 Monthly Active users 112 19.7% 124 6.4% 20 23 Player Value - C
Slide 16: Telco Subscription: Q4 & FY22 Highlights
Telco Subscription: Q4 & FY22 Highlights Figures in Rs. Mn Revenue EBITDA EBITDA % ▪ For FY22, the business has declined by 17% over FY21 749 ▪ The drop in revenue was mainly due to decline in revenue from 179 148 624 India Business while revenue from the Non-Indian geographies 15.2% 22.8% has remai
Slide 17: Consolidated P&L
Consolidated P&L (All figures in INR mn) Q4FY22 Q4FY21 YoY% Q3FY22 YoY% FY22 FY21 YoY% Revenue from operations 1,751 1,234 42% 1,858 6% 6,217 4,542 37% Content, event and web server 534 183 484 1,396 524 Advertising and promotion 516 538 568 2,017 2,265 Commission 122 143 114 504 501 Employee benefi
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (In Rs. Mn) March 31, 2022 March 31, 2021 Particulars (In Rs. Mn) March 31, 2022 March 31, 2021 Equity Non Current assets Property, Plant and Equipment 36 17 Equity Share capital 130 122 Right of use assets 41 21 Other Equity 10,283 6,460 Goodwill 2,632 1,684 T
Slide 19: Extract of Consolidated Cashflow Statement
Extract of Consolidated Cashflow Statement Particulars (In Rs. Mn) March 31, 2022 March 31, 2021 Profit/(loss) before tax for the year 699 167 Adjustment for non-cash items and others 393 361 Changes in working capital -281 311 Cash generated from operations 811 839 Direct taxes -190 -160 Net cash f
Slide 20: Our M&A Strategy
Our M&A Strategy
Slide 21: Our Approach to M&A
Our Approach to M&A Pursue strategic investment and acquisition opportunities in underserved markets and geographies Increase stake in existing investments Focus on large total addressable market, strong local moat, clear use cases for growth capital Grow user base, deepen market penetration, expand
Slide 22: Vision for Friends of Nazara network to evolve in coming years
Vision for Friends of Nazara network to evolve in coming years Friends of Nazara cutting across entire gaming ecosystem White Spaces in IPs in different consumer cohorts/ geographies Male 14-25 Male 25 Plus Gamified Learning Freemium - Global/ Skill based real 7-12 Kids USA India money gaming - Indi
Slide 23: Nazara Dubai Invests In Griffin Gaming Partners
Nazara Dubai Invests In Griffin Gaming Partners Overview ▪ Nazara Technologies FZ LLC (“Nazara Dubai'') announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund About Griffin Gaming Partners ▪ The firm prefers to invest in gaming platforms and infrastru
Slide 24: Inorganic Acquisitions Summary (1/2)
Inorganic Acquisitions Summary (1/2) Financials Date Name Overview Rationale Consideration (in Rs. Crs) • Total consideration of Rs. 124 Crs • Nazara will acquire a 33% stake (Rs. 60 Datawrkz tech offerings will enhance in-house crores payable of which Rs. 35 crores is capabilities of Nazara for opt
Slide 25: Inorganic Acquisitions Summary (2/2)
Inorganic Acquisitions Summary (2/2) Financials Date Name Overview Rationale Consideration (in Rs. Crs) OML Entertainment is known for managing The OML Entertainment team some of India’s biggest gaming & transferring to NODWIN Gaming as Revenue entertainment creators such as Tanmay Bhat, part of the
Slide 26: Contact Us
Contact Us Company : Investor Relations Advisors : Nazara Technologies Limited Strategic Growth Advisors Private Limited CIN: U74140MH2010PTC204285 CIN: L72900MH1999PLC122970 Rahul Agarwal / Ami Parekh rahul.agarwal@sgapl.net / ami.parekh@sgapl.net Mr. Rakesh Shah +91 982143 8864 / +91 80824 66052 C