Raiz Invest Ltd. · ASX:RZI
Raiz Invest — H1 2022 Earnings Presentation
23 slides from Raiz Invest's earnings presentation, Feb 24, 2022
Slide 1: Raiz Invest Limited HY22 Results Presentation
Raiz Invest Limited (ASX:RZI) Market leading fintech with operations in Australia and Southeast Asia HY22 RESULTS PRESENTATION │ 24 February 2022 Level 11, 2 Bulletin Place, Sydney NSW 2000 – Announcement authorised by George Lucas (Managing Director) RAIZ INVEST LIMITED (ASX:RZI) 1 HY22 RESULTS PRE
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Raiz Invest Limited (ACN 615 510 177) (RAIZ). References in this presentation to Certain statements in this presentation may constitute forward-looking statements or statements about future matters that RAIZ include its group of
Slide 3: What is Raiz?
What is Raiz? Mobile investment products to unlock financial freedom Micro investment platform to enable financial freedom in Indonesia, Malaysia and Australia Leading customer service and user experience for attracting and retaining customers Low customer acquisition cost to help fast-track growth
Slide 4: Investment Highlights
Investment Highlights Award-winning investment platform, delivering on growth and innovation Multiple, diverse Pipeline of new Best-in-class end- revenue streams products and to-end financial features requiring technology minimal capex to platform initiate Highly engaged Favourable customer base tec
Slide 5: Corporate and Product Timeline
Corporate and Product Timeline Continuous delivery of strategy 2015 2016 2017 2018 2019 2020 2021 2022 Corporate History Mar 15: Feb 16: Jun 17: Apr 18: Apr 19: Jun 20: Apr 21: JV Acorns Grow Inc. Launch Australia Start planning Change name to Raiz Launch Indonesia Launch Malaysia Fee increase to $3
Slide 6: Expansions to Date – December 2021
Expansions to Date – 31 December 2021 Rapid scaling in its target markets with new territories imminent Total Population Customer Sign Ups Investment Accounts Active Customers Australia c.26m 1,180,879 567,069 291,205 Indonesia c.277m 820,625 469,822 206,708 Malaysia c.33m 457,869 168,337 97,079 Tha
Slide 7: Customer Growth
Customer Growth Step change in customer growth achieved through Australia acceleration and Southeast Asia expansion Active Customer Footprint Active Customer Growth Malaysia 594,992 97,079 CAGR +73% Australia +56% 291,205 343,573 594,992 Active Customers 211,657 175,345 133,896 Indonesia 206,708 65,
Slide 8: 1. Raiz Overview and HY22 Highlights
1. Raiz Overview and HY22 Highlights ASX:RZI RAIZ INVEST LIMITED (ASX:RZI) 8 HY22 RESULTS PRESENTATION
Slide 9: Key Performance Metrics
Key Performance Metrics Continued outperformance across the dashboard Active Customers1 Funds Under Management Raiz Super Invested1 (Australia)1 594,992 $1,034.2m $191.2m +73% +71% +136% 343,573 $605.6m $81.0m HY21 HY22 HY21 HY22 HY21 HY22 Group Revenue Micro Investing Platform Revenue Revenue Per C
Slide 10: Revenue Streams
Revenue Streams Raiz delivered 85% growth in micro investment platform revenue on PCP Revenue blend by stream A percentage fee per Account Fee annum charged on 20% account balances. A monthly subscription fee $8.7m Over 450 rewards partners pay to advertise on the of no less than $3.50 per Maintenan
Slide 11: Corporate Highlights
Corporate Highlights Successfully executing against the growth strategy Continued customer, FUM and revenue growth: Overcoming COVID related headwinds in operating territories to continue growth with disciplined focus on costs Growth with low customer acquisition cost (CAC): Acquiring active financi
Slide 12: 2. Strategy & Execution Overview
2. Strategy & Execution Overview ASX:RZI RAIZ INVEST LIMITED (ASX:RZI) 12 HY22 RESULTS PRESENTATION
Slide 13: Raiz Invest Australia
Raiz Invest Australia Core investment platforms resilient over the past 5 years exhibiting continued growth million Funds under management FUM increased to $1,034m at end of HY22 $1,200 (up 70.8% on HY21) $1.034bn $1,000 $191 Continued growth in Raiz Super to $191m at end of HY22 (up 136.0% on HY21)
Slide 14: Key Indicators Australia
Key Indicators Australia Momentum continues strongly in HY22 Average Balance Recurring Revenue* Gross Margin (%) Average CAC At 31 Dec Annual Run Rate ($’000) Raiz Micro Investing Platform $14,542 63% 64% $16.67 $2,982 $2,224 $7,610 $11.61 HY21 HY22 Dec 20 Dec 21 HY21 HY22 HY21 HY22 * Recurring Reve
Slide 15: Raiz Rewards
Raiz Rewards Brands attracts members, members attract brands and Raiz Rewards attract loyalty Raiz Rewards is a loyalty program allowing users to fast-track their Raiz accounts & Super balances through purchases made with partnership brands Raiz Rewards advertising revenue $1.3m +92% $0.7m HY21 HY22
Slide 16: We listen to our customers – ESG
We listen to our customers – ESG • We have developed our products in line with customer requests – an example being ESG driven engagement RAIZ INVEST LIMITED (ASX:RZI) 16 HY22 RESULTS PRESENTATION
Slide 17: Key Focus Areas
Key Focus Areas Continued focus on growing the Australian business and executing the Southeast Asia growth strategy Increase ‘Lifetime Value Grow the business in of Customers’ through all geographies new products and services Prepare launch of Maintain disciplined Thailand and focus on costs Vietnam
Slide 18: 3. Financial Overview
3. Financial Overview ASX:RZI RAIZ INVEST LIMITED (ASX:RZI) 18 HY22 RESULTS PRESENTATION
Slide 19: Profit & Loss
Profit & Loss To be read in conjunction with the Financial Report for the half-year ended 31 December 2021 $000 HY21 HY22 % vs HY21 • Group revenue up 77% year on Year (YOY) to Micro Investing Platform 4,692 8,660 85% $9.3m Other Financial Services 529 604 14% Group Revenue 5,221 9,264 77% • Micro I
Slide 20: Statement of Cash Flows
Statement of Cash Flows To be read in conjunction with the Financial Report for the half-year ended 31 December 2021 $000 HY22 HY21 • Net cash inflow from operating activities for HY22 Receipts from customers 9,977 5,555 was $251k. December quarter was the third consecutive quarter with positive ope
Slide 21: Statement of Financial Position
Statement of Financial Position To be read in conjunction with the Financial Report for the half-year ended 31 December 2021 $000 HY22 FY21 • As of 31 Dec 2021, Raiz had a strong balance Assets sheet with cash, cash equivalents and term Cash and cash equivalents 20,364 19,199 Trade and other receiva
Slide 22: Raiz Invest – Market Information
Raiz Invest – Market Information Share price, capital structure and significant shareholders Capital Structure Share Price & Volume Shares on Issue* 93.4m $2.50 2.0m Share Price* $1.37 12 month Range* $2.06 - $1.26 $2.00 Market Cap* $128.0m 1.5m Net Cash & term deposits 31 December 2021 $20.5m Top S
Slide 23: Investor and Media Enquiries
Investor and Media Enquiries Brendan Malone ir@raizinvest.com.au ASX:RZI RAIZ INVEST LIMITED (ASX:RZI) 23 HY22 RESULTS PRESENTATION