Wisr Ltd. · ASX:WZR
Wisr — Macquarie Emerging Leaders Conference 2021
20 slides from Wisr's conference presentation, Jun 17, 2021
Slide 1: Accelerating Growth and Delivering Milestones
MACQUARIE EMERGING LEADERS CONFERENCE ACCELERATING GROWTH AND DELIVERING MILESTONES JUNE 2021
Slide 2: We've Built a Scalable Business Model That Is..
WE’VE BUILT A SCALABLE BUSINESS MODEL THAT IS.. PURPOSE-LED FAST-GROWING EFFICIENT WITH SIGNIFICANT A vision to bring financial wellness to all Wisr already delivering a strong core business with Market-leading proprietary tech OPPORTUNITIES AHEAD Australians 19 quarters of consecutive growth platfo
Slide 3: Wisr Q3FY21 Milestones
WISR Q3FY21 MILESTONES 1 Loan Book Growth 2 Inaugural Securitization Deal (Top Tranche AAA) 3 Successful Capital Raise Completion
Slide 4: Growth Update
oo GROWTH UPDATE
Slide 5: Growth of a High Quality Loan Book
GROWTH OF A HIGH QUALITY LOAN BOOK Loan originations ($M) Loan book ($M) 19 quarters of consecutive growth Wisr operated under an off-balance sheet funding model until November 2019, when the Wisr Warehouse went live. 21) 3FY oQ 18 t 1FY mQ R (fro Y21 ) CA G to Q3F 0% Y18 c.18 Q1F rom R (f CA G 0% c
Slide 6: Accelerating Growth Trading Update
TRADING UPDATE ACCELERATING $74.0M Partial quarter loan volume comparison GROWTH APRIL 39.0M MAY $23.1M 13.8M 35.0M $9.3M 2020 2021 On track to deliver the 20th consecutive quarter of growth Loan volume of $77.1M for the two months ending 31 May 2021 Representing 234% growth, compared to $23.1M for
Slide 7: Wisr Is Focused on Achieving Its Medium-Term Target of $1B Loan Book
WISR IS FOCUSED ON ACHIEVING Indicative model of the Wisr core business at scale ITS MEDIUM- $1B TERM TARGET OF Wisr Securitisation At Scale $ Range Avg Book settlement on 31 Economics Run-rate1 (P.A.) (%) $1B LOAN BOOK May Revenue $110–130M 11–13% Wisr Warehouse Loan Book Gross Margin $75-85M 7.5–8
Slide 8: Wisr Attracts Australia's Most Creditworthy Customers
WISR ATTRACTS AUSTRALIA’S MOST CREDITWORTHY CUSTOMERS, UNDERPINNING THE SUCCESS OF ITS MODEL AND MARKET POSITIONING Strong credit quality with reductions in 90+ day Wisr customers have higher reported average Wisr has lowest reported percentage of accounts arrears and observable improvements to aver
Slide 9: Inaugural Transaction 'AAA'
INAURGURAL TRANSACTION ‘AAA’
Slide 10: The Wisr Freedom Trust 2021-1 Will Support Future Growth and Net Margin Uplift
THE WISR FREEDOM TRUST 2021-1 WILL SUPPORT FUTURE GROWTH AND NET MARGIN UPLIFT The inaugural ABS transaction delivered A$225M of asset-backed securities, supported by a pool of fully amortising unsecured consumer personal loans Key highlights of the transaction The Wisr Freedom Trust 2021-1 includes
Slide 11: Capital Raise
oo CAPITAL RAISE
Slide 12: Successful Completion of Institutional Placement
SUCCESSFUL ✓ ✓ COMPLETION OF Raised $50M (before costs) via the The issue price for the Placement issue of 200 million new ordinary Shares was $0.25 per share shares INSTITUTIONAL PLACEMENT ✓ ✓ Proceeds to be used to fund loan Share Purchase Plan (“SPP”) book growth, technology investment participat
Slide 13: Growth Capital Will Support the Next Phase of Wisr's Growth
GROWTH CAPITAL WILL SUPPORT THE NEXT PHASE OF WISR’S GROWTH 1 2 3 Loan book growth Technology investment and feature Expanding TAM by exploring new markets enhancement and growth opportunities ● Accelerate the pace to achieve the medium term target of a $1B loan book, and continue ● Invest further i
Slide 14: Wisr Continues to Invest in Its Technology Platform
2. TECHNOLOGY INVESTMENT & FEATURE ENHANCEMENT WISR CONTINUES TO $7.5M In Q3FY21 Wisr Quarterly Revenues INVEST IN ITS TECHNOLOGY PLATFORM WHICH IS DRIVING REVENUE ACCELERATION 27% revenue growth in Q3FY21 vs Q2FY20 275% revenue growth in Q3FY21 vs Q3FY20 Strong revenue growth with Wisr Warehouse fu
Slide 15: The Big Picture - Becoming a Wide-Reaching Platform Focused on Financial Wellness
2. TECHNOLOGY INVESTMENT & FEATURE ENHANCEMENT THE BIG PICTURE - BECOMING A WIDE-REACHING PLATFORM FOCUSED ON FINANCIAL WELLNESS Wisr has built a large Financial Current Platform (approaching 500K profiles) On the horizon: Wellness Platform of users through multiple channels across different markets
Slide 16: The Power of the Platform Fuelling Future Growth
3. EXPANDING TAM: NEW MARKETS & OPPORTUNITIES THE POWER OF Strongest customer growth achieved via the platform THE PLATFORM Wisr Customer Profiles Future growth horizons ● Next 3–5-year plan delivers exciting FUELLING to M a r- 21) opportunities for growth beyond current trajectory, as the world of
Slide 17: Financial Wellness Is Part of Wisr's DNA
3. EXPANDING TAM: NEW MARKETS & OPPORTUNITIES FINANCIAL Wisr today Strong momentum towards Wisr tomorrow Leveraging our core profitability and …delivering cutting-edge WELLNESS IS profitability, and investing for growth through innovation solving for financial wellness will present multiple potentia
Slide 18: Wisr Roadmap
WISR ROADMAP Foundations set, proven ability to execute Current position Future growth horizons 19 consecutive quarters of loan growth delivered ● Q3FY21’s exit run rate (circa $400M annualised ● Next 3–5-year plan delivers exciting (on track for 20) originations), shows a clear path towards a $1B o
Slide 19: Questions
mi QUESTIONS
Slide 20: Disclaimer
DISCLAIMER No investment advice or offer of shares information contained in this presentation. This presentation does not constitute investment advice, or an inducement or Non-GAAP financial measures recommendation to acquire or dispose in any shares of Wisr, in any jurisdiction. A number of non-GAA