Slide 1: 1H 2021 Financial Results
1H 2021 Financial Results September 13th, 2021
Slide 2: Disclaimer
Disclaimer By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We”) solely for informational purposes and does not constitute, and should not be constru
Slide 3: INTRALOT Chairman & CEO Sokratis P. Kokkalis, noted
INTRALOT Chairman & CEO Sokratis P. Kokkalis, noted: “INTRALOT’s strong performance continued into the second quarter of 2021, resulting in 106.5% growth of EBITDA in the first six months of 2021 and 34.4% growth in revenue. These financial results, in combination with the completion of INTRALOT’s d
Slide 4: Revenue Overview
Revenue Overview 31.6 (15.6%) RoW 30.2% B2C 106.1 (52.4%) Americas 1H21 1H21 Revenue per Revenue per Activity Line 64.9 (32.0%) Geographical Region 69.8% B2B/B2G (%) Europe (in €) €202.6m €202.6m 9.5% 12.2% VLTs IT Products & Services 18.3% Sports Betting 1H21 Revenue per Game Type (%) 0.5% Racing €
Slide 5: Licensed Operations - Revenue Evolution
Licensed Operations - Revenue Evolution1 in € million Q2 Q1 30% Game 5.6 61.2 61.2 Management 12% Licensed 15.4 5.3 24.2 Operations 0.3 1H21 12.6 Revenues per Contract Type 40.2 2.8 (€m, %) Technology 117.2 58% 27% 1H20 Malta Argentina 1H21 Licensed Game 40.2 Operations Management Revenue Evolution
Slide 6: Technology Contracts - Revenue Evolution
Technology Contracts - Revenue Evolution1 in € million Q2 Q1 30% 1.1 Game 61.2 1.9 117.2 Management 12% Licensed 15.5 3.3 3.0 -2.2 24.2 Operations -1.1 1H21 10.1 Revenues per Contract Type 5.4 (€m, %) 98.7 Technology 117.2 58% 27% 1H20 United States Australia Other 1H21 Licensed Game 40.2 Operations
Slide 7: Game Management Contracts - Revenue Evolution
Game Management Contracts - Revenue Evolution1 in € million Q2 Q1 30% Game 2.5 24.2 61.2 1.2 Management 12% Licensed 3.7 1.3 24.2 Operations 2.8 1H21 6.2 0.9 Revenues per Contract Type 3.1 (€m, %) Technology 11.8 3.1 117.2 58% 27% 1H20 Turkey Morocco United States 1H21 Licensed Game 40.2 Operations
Slide 8: Consolidated Financial Statements for 1H21
Consolidated Financial Statements for 1H21 (in € million) 1H21 1H20 % Change 2Q21 2Q20 % Change LTM Revenue (Turnover) 202.6 150.7 34.4% 105.1 63.7 65.0% 396.8 Technology, Management & Rest Contracts 143.2 111.0 29.0% 74.7 50.3 48.5% 278.5 Licensed Operations (Payout related) 59.4 39.7 49.6% 30.4 13
Slide 9: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES1 EBITDA AND EBITDA MARGIN1 €m €m, % 407 397 26.8% EBITDA Margin 345 23.6% on Sales 19.1% +34.4% 17.5% 15.7% 203 151 +106.5% 94 64 66 54 EBITDA 26 2019 2020 LTM 6M20 6M21 2019 2020 LTM 6M20 6M21 OPERATING CASH FLOW2 AND NET CAPEX NET DEBT3 AND NET DEBT / EBI
Slide 10: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 1H21 Key Revenue Contributors 1H21 Key EBITDA Contributors (in €m) (in €m) North America2 79.7 North America2 40.8 Europe3 70.1 Europe3 12.2 South America 24.8 South America 6.1 Oceania 9.9 Oceania 6.8 RoW4 11.2 RoW4 4.6 1. Segment Revenue and EBITDA figures excl
Slide 11: Contribution from Partnerships
Contribution from Partnerships 1H21 EBITDA 1H20 EBITDA Country/ Entity Stake Contribution Contribution Bilyoner1 50.01% 12% 5% Tecno Accion Group2 50.01% 9% 10% Total Partnership Contribution 21% 15% INTRALOT’s Portion of EBITDA 86% 88% 1. Management contract. 2. 12 Facilities Management (IT) Contra
Slide 12: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS September 2021 | Public | p. 12
Slide 13: 1H21 – Group Income Statement
1H21 – Group Income Statement (in € million) 1H21 1H20 % Change LTM Revenue 202.6 150.7 34.4% 396.8 Gross Profit 57.7 28.3 103.9% 102.3 Other Operating Income 10.2 8.5 20.0% 19.1 OPEX -45.5 -45.9 -0.9% -92.1 EBITDA 54.3 26.3 106.5% 93.8 Margin 26.8% 17.5% +9.3pps 23.6% Capital Structure Optimization
Slide 14: 1H21 – Group Statement Of Financial Position
1H21 – Group Statement Of Financial Position (in € million) 1H21 FY20 Tangible Assets 131.0 134.3 Intangible Assets 193.0 202.0 Other Non-current Assets 17.2 19.2 Inventories 23.2 25.7 Trade and Other Short-term Receivables 127.1 151.5 Cash and Cash Equivalents 83.2 100.0 Assets Held for Sale - 16.2
Slide 15: 1H21 – Group Cash Flow
1H21 – Group Cash Flow (in € million) 1H21 1H20 EBT from continuing operations -10.4 -40.0 EBT from discontinued operations -7.9 -2.8 Plus/less Adjustments 73.8 70.2 Decrease/(increase) of Inventories -1.2 -3.0 Decrease/(increase) of Receivable Accounts 23.9 0.1 (Decrease)/increase of Payable Accoun
Slide 16: intralot
intralot