Quantum FinTech Acquisition Corporation
Quantum FinTech Acquisition — Merger or Acquisition (January 2022)
16 slides from Quantum FinTech Acquisition's merger presentation, Jan 31, 2022
Slide 1: Empowering Traders to Claim Their Financial Edge
EMPOWERING TRADERS TO CLAIM THEIR FINANCIAL EDGE Highlights for Three Months and Nine Months Ended December 31, 2021 January 31, 2022
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward - Looking Statements This communication contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , as amended, that reflect TradeStation’s current views with respect to, among other things, the future oper
Slide 3: TradeStation At A Glance
TradeStation At A Glance 178,863 Total Customer Accounts 36% Year - Over - Year Growth* Helping Self - Directed Traders and Investors Claim Their Financial Edge $12.3 Billion Total Customer Assets 33% Year - Over - Year Growth* Multi - Asset, Self - Clearing Brokerage Offering Equities, Options, Fut
Slide 4: Operating Highlights
OPERATING HIGHLIGHTS
Slide 5: TradeStation positions itself to attract an expanding market of self-directed investors
TradeStation positions itself to attract an expanding market of self - directed investors Differentiated Positioning in the Market • Multi - asset platform for Equities, Options, Futures and Crypto trading • Self - clearing online brokerage • Education & Social Community • Adaptive technology access
Slide 6: Strong year-over-year growth in customer base
Strong year - over - year growth (1) in customer base Total Customer Accounts (2) of 178,863 as of December 31, 2021, representing 36.1% year - over - year growth ▪ Cryptocurrency accounts have grown to >9% of total accounts at December 31, 2021, from less than 2% at December 31, 2020 (2) 27,142 Gro
Slide 7: Trading Activity
Trading Activity Daily Average Revenue Trades (DARTs) of 214,690 declined by 10.2% year over year ▪ Primarily related to reduced customer trading activity as compared to high trading levels in the prior - year period, which occurred within the first year of the COVID - 19 pandemic ▪ Account growth p
Slide 8: Key Product Enhancements
Key Product Enhancements Crypto IRA ▪ Crypto individual retirement account (IRA) offering was launched in December 2021 ▪ Provides U.S. customers the ability to trade cryptocurrencies in tax - advantaged accounts ▪ Creates an opportunity to tap a large asset base of self - directed IRAs Crypto FIX A
Slide 9: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 10: Total Revenue
Total Revenue Increased by 1.8% year over year ▪ Trading - related revenue increased by 4.0%, driven by account growth, offset by lower DARTs and revenue per trade ▪ Net interest income increased by 6.9% on increased margin and securities lending activity ▪ Subscription and Other revenue declined du
Slide 11: Trading-Related Revenue
Trading - Related Revenue Increased by 4.0% year over year ▪ Account growth drove higher overall revenue growth ▪ Options, Futures and Crypto revenues increased ▪ Equities revenue declined on lower trading levels Increased by 4.9% quarter over quarter ▪ Equities, options and futures drove revenue gr
Slide 12: Net Interest Income
Net Interest Income $3.2 $3.1 $2.3 $2.3 $2.4 $2.5 $3.0 $3.1 $3.1 $3.2 $3.5 $3.3 $4.0 $3.5 $4.6 $1.4 $1.5 $1.3 $0.4 $1.1 $10.6 $10.9 $10.7 $9.3 $11.3 $0 $2 $4 $6 $8 $10 $12 31-Dec-20 31-Mar-21 30-Jun-21 30-Sep-21 31-Dec-21 Net Interest Income Total Customer Cash Margin Lending Securites Lending Crypt
Slide 13: Expenses
Expenses $4.3 $5.4 $5.7 $11.2 $22.7 $17.7 $21.2 $21.2 $22.7 $24.7 $7.8 $9.1 $8.6 $8.4 $8.2 $14.6 - $2.7 $13.6 $7.8 $8.2 $5.5 $5.6 $5.6 $5.7 $5.7 $50.0 $38.6 $54.7 $55.7 $69.5 -$10 $0 $10 $20 $30 $40 $50 $60 $70 Expenses Marketing Employee Compensation and Benefits Cost of Services Provided Other Int
Slide 14: Appendix
Appendix
Slide 15: Operating Metrics
Operating Metrics Total Customer Accounts is the number of customer brokerage accounts with a positive account balance. Total Customer Assets is total cash and assets held in customer accounts. Total Customer Cash is the aggregate cash held in customer accounts. Daily Average Revenue Trades (DARTs)
Slide 16: Condensed Income Statement (GAAP)
($11,340) $2,000 ($16,946) $3,965 Condensed Income Statement (GAAP) Three months ended December 31, Nine Months Ended December 31, ($, thousands) 2021 2020 2021 2020 Trading - related revenue $41,466 $39,860 $121,334 $118,299 Net interest income 11,296 10,564 31,271 28,898 Subscription and other rev
Quantum FinTech Acquisition — Merger or Acquisition (January 2022) on 6ix