Avenuesai Ltd · NSE:CCAVENUE
Avenuesai — Infibeam Avenues — Q2 FY25 Earnings Presentation
36 slides from Avenuesai's earnings presentation, Nov 12, 2024
Slide 1: Q2 FY25 Earnings Presentation
A Global FinTech Company Q2 FY25 Earnings Presentation 12th November 2024
Slide 2: Disclaimer
Disclaimer This presentation contains certain words and statements concerning Infibeam Avenues Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the general
Slide 3: Financial Performance and Outlook
EARNINGS PRESENTATION FINANCIAL PERFORMANCE AND OUTLOOK First Listed Fintech in India
Slide 4: Q2 FY25 At A Glance
Q2 FY25 At A Glance Key Strategic Business Developments NCLT Approval for Scheme of Arrangement The National Company Law Tribunal (NCLT) approved Infibeam's Composite Scheme of Arrangement involving Infibeam Avenues, Odigma Consultancy Solutions, and Infibeam Projects Management. This scheme addre
Slide 5: Q2 FY25 At A Glance
Q2 FY25 At A Glance Key Strategic Business Developments Strategic collaborations at Global Fintech Fest (Continue) • Loylty Rewardz: Partnership with Loylty Rewardz will enable merchants to offer customers reward points as a payment option. • Chalo: Introduced a new feature with ChaloApp, allowing
Slide 6: Q2 FY25 At A Glance
Q2 FY25 At A Glance Key Strategic Business Developments Infibeam Avenues Ltd to own up to 54.07% majority stake in Rediff.com India Limited Enhancing User Experience through Rediff Super App • Transition of 70 million Rediff email users to a super app. • Integration of Rediffpay as the primary pay
Slide 7: Q2 FY25 At A Glance
Q2 FY25 At A Glance Key Strategic Business Developments AI Update: Phronetic AI Advancements Monetization of Video AI Model • AI Business Manager (ABM): Successfully monetized across various industries. • Use Cases: Field jobs SOPs, operational efficiency, safety, and security improvements. • Indu
Slide 8: Q2 FY25 At A Glance
Q2 FY25 At A Glance Key Strategic Business Developments International Expansion Highlights Capital Raised in UAE Payments Subsidiary • Successfully raised capital from family offices and investors in UAE step down subsidiary. • Achieved a post-money valuation of USD 100 million for the UAE payment
Slide 9: Q2 FY25 Performance At A Glance
Q2 FY25 Performance At A Glance Profitable Growth and Healthy Returns 10+ mn INR 2.04 tn 11.3 bps Business Performance + 14% + 21% (% change YoY) No. of merchants TPV 1 Payments NTR 10,166 * 854 550 Financial Performance # + 29% + 26% + 43% (INR million) Gross Revenue EBITDA 3 PAT 3 INR 1,343 mn 64%
Slide 10: Financial Performance Snapshot – Q2 FY25
Financial Performance Snapshot – Q2 FY25 Growth Across All Key Parameters Q2FY25 v/s. Q2FY24 Consolidated (Standalone + International Payments + Go Payments + Majority owned subsidiaries + Other associates) Particulars (in INR million) Q2 FY25 Q2 FY24 # YoY (%) Transaction Processing Value (TPV, in
Slide 11: Financial Performance Snapshot – H1 FY25
Financial Performance Snapshot – H1 FY25 Growth Across All Key Parameters H1FY25 v/s. H1FY24 Consolidated (Standalone + International Payments + Go Payments + Majority owned subsidiaries + Other associates) Particulars (in INR million) H1 FY25 # H1 FY24 # YoY (%) Transaction Processing Value (TPV, i
Slide 12: CCAvenue (India + Intl.) Payments Business
CCAvenue (India + Intl.) Payments Business Payment business on a Strong Footing CCAvenue Payments TPV (India + Intl.) CCAvenue India (INR billion) 2,722 ~ 2,100+ 2,160 Avg. daily merchant 1,669 $33 bn addition in Q2FY25 952 623 $26 bn 623 699 $20 bn CCAvenue International $8 bn $12 bn $8 bn $9 bn >A
Slide 13: Company’s Revenue Model
Company’s Revenue Model Growth Focused Revenue Model (Mix of Transaction-Based And Annuity) Total Transaction Processing Value (INR trillion) * Net Take Rate-NTR (Net earnings per transaction in bps) Payments TPV + Platform TPV Payments business Annual Quarterly 1.4 2.9 4.4 7.0 4.0 Payments TPV Plat
Slide 14: Guidance FY25 - Well-poised for Growth
Guidance FY25-Well-poised for Growth - Gross Revenue Net Revenue INR 39,000 - 42,000 million INR 4,500 – 5,000 million (up 23% - 32% YoY) (up 5% - 17% YoY) EBITDA PAT INR 2,750 – 3,000 million INR 1,750 – 2,000 million (up 9% - 19% YoY) (up 18% - 35% YoY) 14
Slide 15: Company Overview & Industry Outlook
CORPORATE PRESENTATION COMPANY OVERVIEW & INDUSTRY OUTLOOK First Listed Fintech in India
Slide 16: About Infibeam Avenues
About Infibeam Avenues Click to watch video A Payment Infrastructure and eCommerce Software Platforms Company 16
Slide 17: Infibeam Avenues: Business At a Glance
Infibeam Avenues Business At a Glance • India’s First listed fintech company (listed in 2016) with a consistent Key Highlights PROFITABLE track record • A Payment Infrastructure company; Offering omni-channel and full- India’s First Retail India’s First Enterprise stack B2B Digital Payments solution
Slide 18: Leading the industry with many firsts
Infibeam Avenues Leading the industry with many firsts - In 2007, became first Indian PA to achieve PCI-DSS compliance and the first to become a MasterCard Member Service Provider - In 2008, was the first to be certified by American Express for global currency processing - In 2010, launched India’s
Slide 19: Strategic And Competitive Advantages
Infibeam Avenues Limited A powerful combination of payment infrastructure and ecommerce software platforms Strategic And Competitive Advantages Invested across entire Payment Aggregator license 3 + Omnichannel 2 offerings payments ecosystem (digital payments + software platforms) BBPOU (bill payment
Slide 20: Building A Long-term Scalable And Sustainable Business
Building A Long-term Scalable And Sustainable Business Company’s long-term plans to create superior shareholder value o Focus on profitable revenue growth Building a sustainable o Processing profitable transactions business model o Increasing net take rate through cross-sell and up-sell o Building h
Slide 21: Company Overview: Payments Business
96% Gross Revenue contribution COMPANY OVERVIEW Payments Business First Listed Fintech in India
Slide 22: The Fintech Universe And Business Models
The Fintech Universe And Business Models Company targets ‘merchants and banks’ for scalable and sustainable growth CUSTOMER SEGMENTATION Slide 12 Slide 13 Company is focused on low-cost, stable, scalable and sustainable business from Merchants and Banks 22
Slide 23: Bank Centric Business Model
Bank Centric Business Model (Building Payments Infrastructure) De-risked and sustainable business model Leveraging fintech expertise for global expansion 23
Slide 24: CCAvenue All in one POS device
CCAvenue All in one POS device A complete all-encompassing POS device that lets a merchant accept all type of payment modes through one device • Tap and Pay NFC Card Transactions with PIN on pin pad for above INR 5000 • EMV Dip Card Transactions • Static UPI Transaction • Dynamic UPI Transactions •
Slide 25: CCAvenue Omnichannel Payment Solution
CCAvenue Omnichannel Payment Solution Among the worlds most advanced, featuring India’s first pin-on-glass softPoS solution • Payments on-the-go; anytime anywhere • No/Low Cost Android-based mobile app • Aligned with RBI’s Payment Vision 2025 to increase payment acceptance through low cost solutions
Slide 26: BillAvenue (Bill Payments through BBPS)
BillAvenue (Bill Payments thru Bharat BillPay System / BBPS) Bill payments platform to cater to the large untapped utility and recurring payments segment across India Built on the BBPS1 infrastructure, BillAvenue is a unified, BillAvenue Business Performance interoperable, online payments platform
Slide 27: Go Payments (majority owned subsidiary)
Go Payments (majority owned subsidiary) Empowering unbanked to access digital financial services ‘Instant Global Paytech Pvt. Ltd.’, operating through the brand ‘Go Payments’ to provide assisted commerce services MONEY TRANSFER RECHARGE TRAVEL INSURANCE Launched payment issuance infrastructure f
Slide 28: The Digital Ecosystem Is Expanding
The Digital Ecosystem Is Expanding … … and the total addressable market continues to grow New Flows Will Lead To Increasing TAM New acceptance eCommerce eCommerce share share New acceptance form form factors factors of spending to to rise P2P and of spending rise P2P and B2CB2C New platforms to reac
Slide 29: India’s Digital Payments Market To Become $3tn By FY28
India’s Digital Payments1 Market To Become $3tn By FY28 (Online + Offline) Continued uptake in FY23 even post-Covid, suggesting growth to continue Digital Payments1 Industry Size & Growth – India in INR trillion Projected FY28 P2M Industry Size 33% (@25% 5yr CAGR) YoY ~INR 225 tn (approx. $3 tn) 3x
Slide 30: International Expansion Plans For Becoming A Global Fintech Player
International Expansion Plans For Becoming A Global Fintech Player Country-in-a-box strategy Targeting 12-15% international contribution to Payment’s Net Revenue by FY28 Other Geographies South East Asia USA & USA Australia GCC UAE and Oman operational. Australia & USA: To be To be launched over a p
Slide 31: Few Marquee Clients
Few Marquee Clients Marquee clients across industries INDIA UAE GCC c c c c Podar Education c c c c c India 10.0+ million total merchants; strong merchants addition in payment continues 31
Slide 32: Company Overview: Platforms Business
4% Gross Revenue contribution COMPANY OVERVIEW Platforms Business First Listed Fintech in India
Slide 33: Enterprise Software Platforms and Infrastructure
Enterprise Software Platforms and Infrastructure An e-commerce marketplace platform/infrastructure built for large scale implementation Business Overview Platforms Transaction Processing Value (INR billion) A cloud-based, E2E SaaS platform allowing corporates to GeM contract upto Q3FY24. 4,037 Rev
Slide 34: Annexure
ANNEXURE First Listed Fintech in India
Slide 35: Revenue and Cost Drivers
Revenue and Cost Drivers Building a scalable business model Payment Gateway Bill Payments eComm. platform Businesses • CCAvenue (India + Intl.) • BillAvenue • Marketplace for Enterprise • CCAvenue TAPPay (SoftPoS) • ResAvenue • B2Biz • CPGS (Payment Infra for banks) Revenue model • Transaction based
Slide 36: Thank You
PAYMENTS | PLATFORMS Thank You Investor Relations Sunil Bhagat Rajat Gupta sunil.bhagat@ia.ooo rajat@goindiaadvisors.com To know more, visit us at: www.ia.ooo | www.ccavenue.com