Digital Bros S.p.a. · MIL:DIB
Digital Bros — Investor Presentation (March 2023)
18 slides from Digital Bros's investor presentation, March 2023
Slide 1: Crime Boss: Rockay City - Digital Bros
~ CRIME BOSS ROCK AY c iret Y digital
Slide 2: Digital Bros at a glance: FY2022 key financials
Digital Bros is a global company that started operations in 1989 as a developer, publisher and distributor of videogames. The Group sales are mainly digital, with marginal sales realized on the retail market. Since 2000, the parent company Digital Bros S.p.A. is listed on the Euronext STAR segment o
Slide 3: Financial results and outlook
€ mil 31.12.22 31.12.21 Change Change % OUTLOOK Net revenue 59.8 55.3 4.5 8.1% • Crime Boss: Rockay City will launch on Epic on Gross operating March 28th, 2023, and on consoles in Q4 together margin (EBITDA) 18.6 19.7 (1.1) -5.8% with Miasma Chronicles on all platforms. The Operating margin second
Slide 4: Premium Games
PREMIUM GAMES (€ mil) 31.12.22 31.12.21 Change Change % Other Net revenue 45.4 49.3 (3.9) -7.9% 3% Free to Gross operating margin (EBITDA) 21.4 22.5 (1.1) -5.2% Play 21% Operating margin (EBIT) 15.2 16.3 (1.1) -6.9% FI S CA L YEAR ENDING JUNE 30 TH ,2023 SOURCE: DIGITAL B RO S Premium Games • €45 mi
Slide 5: Free to Play
FREE TO PLAY (€ mil) 31.12.22 31.12.21 Change Change % Other 3% Net revenue 12.5 3.7 8.8 n.m. Free to Play Gross operating 21% margin (EBITDA) 1.8 1.1 0.7 68.5% Operating margin (EBIT) 1.5 0.2 1.3 n.m. FI S CA L YEAR ENDING JUNE 30 TH ,2023 SOURCE: DIGITAL B RO S Premium Games 76% • Newly-acquired 5
Slide 6: AAA, AA and A games: studio integration
AAA Games AAA Games: Games with a development budget above 100 million AA Games: Games with a development AA Games budget between 10-100 million A Games: Games with a development budget below 10 million A Games STUDIO INTEGRATION March 20232022 November 6
Slide 7: Hedging the risk of our investments
To hedge the risk of our investments, we: • Obtain a contractual way-out at prototype • Control the IP of the game, through: - acquisition of a majority stake in the developer or the set up of a brand-new studio - joint-ventures and/or the acquisition of the IP - long-term publishing agreements Marc
Slide 8: Ways to control the IP
Acquisition of Joint ventures Long-term a majority and/or acquisition publishing stake of the IP agreements March 20232022 November 8
Slide 9: TBA games classified as AA games
Second version March 20232022 November All TBA games can be classified as AA games with a development budget over €10 million each. 9
Slide 10: Revenue mix by IP ownership, FY23 vs FY27
FY23 Actual + Forecast FY27 Forecast Publishing Publishing agreements Owned IP 0,2% Agreements 51% 22% Owned IP 48% Co-owned Co-owned IP IP and long and long term term agreements agreements 27% 52% Owned IPs: Premium & F2P video games developed by internal studios or with IP ownership Co-owned IPs a
Slide 11: Crime Boss: Rockay City
• FIRST PERSON SHOOTER HEIST GAME SET IN THE THRIVING METROPOLIS OF ROCKAY CITY IN THE 90S. WIN THE FIERCE TURF WAR RAGING ON IN THE CITY TO BECOME ITS CRIME BOSS • PLAY WITH ICONIC ACTORS: MICHAEL MADSEN, CHUCK NORRIS, KIM BASINGER, DANNY GLOVER, DAMION POITIER, DANNY TREJO AND VANILLA ICE • SINGLE
Slide 12: The Miasma Chronicles
• TACTICAL ADVENTURE SET IN A POST- APOCALYPTIC AMERICA RAVAGED BY A FORCE KNOWN AS THE “MIASMA” • DEVELOPED BY THE BEARDED LADIES, DEVELOPER OF MUTANT YEAR ZERO: ROAD TO HEAVEN • IP OWNED BY THE GROUP AND DEVELOPED FOR PC, PS5 and XBOX SERIES X|S • SET FOR MULTIPLATFORM RELEASE IN FY23 Q4
Slide 13: Ghostrunner
• FIRST PERSON CYBERPUNK ACTION SLASHER GAME WITH SLICK PARKOUR-INSPIRED GAMEPLAY ELEMENTS • ASSUME THE ROLE OF AN ANDROID NINJA AND USE A COMBINATION OF ABILITIES AND MELEE KATANA COMBAT TO SLICE FOES AND ASCEND TREACHEROUS NEON CYBERPUNK SKYSCRAPERS OF THE FUTURE • DEVELOPED BY ONE MORE LEVEL. IP
Slide 14: Assetto Corsa
• THE #1 RACING SIMULATOR: - Fully licensed GT cars from top manufactures including Ferrari, Lamborghini, McLaren - Outstanding level of detail with circuit laser scan technology • THE OFFICIAL GAME OF ESPORT TOURNAMENT FIA MOTORSPORT GAMES • ASSETTO CORSA COMPETIZIONE: OFFICIAL GAME OF THE BLANCPAI
Slide 15: Eiyuden Chronicle: Hundred Heroes
• A BRAND NEW HIGH-QUALITY JRPG FROM YOSHITAKA MURAYAMA AND JUNKO KAWANO: - A deep story with 100+ characters - Traditional 6-character battle system utilizing pain stakingly created 2D sprites and 3D backgrounds • PARTIALLY FUNDED BY THE LARGEST VIDEO GAME KICKSTARTER OF 2020, RAISING A TOTAL OF JP
Slide 16: Control
• CINEMATIC THIRD PERSON ACTION GAME BUILT ON REMEDY’S PROPRIETARY NORTHLIGHT® TECHNOLOGY • DEVELOPED BY REMEDY ENTERTAINMENT, DEVELOPER OF AAA VIDEO GAMES • WORLDWIDE PUBLISHING RIGHTS ON PC AND ALL CONSOLE FORMATS • MORE THAN 3 MILLION COPIES SOLD REVENUES EXCEEDING €92 MILLION • €25 MIL INVESTMEN
Slide 17: Bloodstained: Ritual of the Night
• A GOTHIC HORROR ACTION SIDE-SCROLLING RPG SET IN 19TH CENTURY ENGLAND • CREATION OF KOJI IGARASHI, THE FORMER SERIES PRODUCER OF THE CASTELVANIA SERIES • WORLDWIDE PUBLISHING RIGHTS ON PC AND ALL CONSOLE FORMATS • MORE THAN 1 MILLION COPIES SOLD REVENUES EXCEEDING €30 MILLION • SEQUEL IN DEVELOPME
Slide 18: Digital Bros S.p.A. contact details
Digital Bros S.p.A. Via Tortona, 37 - 20144 Milan, Italy For more info: www.digitalbros.com - ir@digitalbros.com