Leonteq Ag · SIX:LEON
Leonteq — Investor Presentation (June 2022)
22 slides from Leonteq's investor presentation, Jun 2, 2022
Slide 1: Octavian Quick Bite Leonteq AG
OCTAVIAN QUICK BITE LEONTEQ AG ZURICH, 2 JUNE 2022
Slide 2: Disclaimer
DISCLAIMER This presentation of Leonteq AG (the “Company”) serves for information purposes only and does not constitute research. This presentation and all materials, documents and information used therein or distributed in the context of this presentation do not constitute or form part of and shoul
Slide 3: Our Company
ote t LEONTEQ OUR COMPANY
Slide 4: Leonteq at a Glance
LEONTEQ AT A GLANCE Leading fintech company from Switzerland 14 offices across EMEA and APAC State-of-the-art technology platform developed and maintained in-house Services delivered through API, front-end GUI and comprehensive white-label offerings ~520 employees from >50 nations Headquarters in Zu
Slide 5: Our Key Differentiating Factors
OUR KEY DIFFERENTIATING FACTORS One of the leading multi- Global distribution network issuer platforms across EMEA, LATAM and APAC Highly scalable platform Best-in-class financial with large computation engineering and power recognised sales force Automated processes Full white-labelling capabilitie
Slide 6: Our Market
ote t LEONTEQ OUR MARKET
Slide 7: Low Real Interest Rate Environment and Digitisation Drive Demand for Tailored Investment Solutions
LOW REAL INTEREST RATE ENVIRONMENT AND DIGITISATION DRIVE DEMAND FOR TAILORED INVESTMENT SOLUTIONS Global wealth (USD trillion)1 Global portfolio allocation2 Key drivers for increase in demand for tailored investment solutions: CAGR +11% 1. Low real interest rates • With increasing wealth, need for
Slide 8: Our Operations in Switzerland: Strong Presence with Total Addressable Market of CHF 350 Billion
OUR OPERATIONS IN SWITZERLAND: STRONG PRESENCE WITH TOTAL ADDRESSABLE MARKET OF CHF 350 BILLION (TURNOVER) SSPA1 SIX Swiss Exchange2 Leonteq market share2 (CHF billion, by product category) (CHF billion, by product category) CAGR +5% CAGR +6% 368 332 352 47 47 337 23 20 3 12% 32 Market share 276 47
Slide 9: Our Offering & Platform
ote t LEONTEQ OUR OFFERING & PLATFORM
Slide 10: Providing One of the Largest Universes of Structured Products with a Leading Technology Platform
PROVIDING ONE OF THE LARGEST UNIVERSES OF STRUCTURED PRODUCTS WITH A LEADING TECHNOLOGY PLATFORM Equity Equities >260,000 client transactions indices processed each year >100,000 documents Credit Currencies generated each day Participation Leverage >2,000 underlying Interest Commodities rates securi
Slide 11: LynQs: Leonteq's One-Stop-Shop Providing Clients Digital Access to Structured Products
LYNQS*: LEONTEQ’S ONE-STOP-SHOP PROVIDING CLIENTS DIGITAL ACCESS TO THE WORLD OF STRUCTURED PRODUCTS INVESTMENT IDEAS Latest trends and daily updated investment ideas prepared by Leonteq’s leading structuring team QUOTE Click ’n’ trade tailor-made investment products from more than 10 renowned issue
Slide 12: We Demonstrated Operating Leverage Through Platform Scalability and Automation
WE DEMONSTRATED OPERATING LEVERAGE THROUGH PLATFORM SCALABILITY AND AUTOMATION Operational leverage (Indexed: 2017 = 100) Number of client transactions on the platform 300 4yr CAGR: +28% 4yr CAGR 28% 250 200 150 4yr 264,213 CAGR 5% 206,673 100 164,007 114,005 97,196 50 2017 2018 2019 2020 2021 Trans
Slide 13: Our Performance
ote t LEONTEQ OUR PERFORMANCE
Slide 14: A Track Record of Revenue Growth Since Inception
A TRACK RECORD OF REVENUE GROWTH SINCE INCEPTION Quarterly economic revenues since inception (CHF million)1 140 120 100 80 60 40 20 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1 Economic revenues are defined as sales and trading income earned and are considered as recogni
Slide 15: Investment Phase Is Paying Off - Strong Growth in Revenue and Profit
INVESTMENT PHASE IS PAYING OFF - STRONG GROWTH IN REVENUE AND PROFIT Total operating income (CHF million) Net profit (CHF million) 206 212 81 74 146 51 136 132 131 125 40 115 33 34 100 104 30 22 6 1 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 2017 2017 2018 2018 2019 2019 2020 2020 2
Slide 16: Strong Build-Up of Capital Base (Equity + Deferred Fee Income)
STRONG BUILD-UP OF CAPITAL BASE (EQUITY + DEFERRED FEE INCOME) Shareholders’ equity (CHF million)1 Capital base (CHF million)1,2 802 874 663 769 648 723 608 683 416 385 418 449 464 376 418 421 158 185 125 129 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2012 2013 2014 2015 2016 2017 2018 2019 2
Slide 17: Move to a Progressive Dividend Policy with Payout Ratio of >50%
MOVE TO A PROGRESSIVE DIVIDEND POLICY WITH PAYOUT RATIO OF >50% STARTING IN THE FINANCIAL YEAR 2022 2019 2020 2021 2022 et seq. • Launch of new phase • Distribution in line • Targeted capital base • Very strong capital of conservative with conservative reached base dividend policy on the dividend po
Slide 18: Our Growth Strategy 2026
ote *t LEONTEQ OUR GROWTH STRATEGY 2026
Slide 19: We Built a Unique Ecosystem for Investment Solutions with >40 New Partners Since 2018
WE BUILT A UNIQUE ECOSYSTEM FOR INVESTMENT SOLUTIONS WITH THE ADDITION OF >40 NEW PARTNERS SINCE 2018 Self Private Regional Universal directed banks banks banks investors +5 sp.leonteq.com partners Independent asset Institutional managers investors Family offices Digital solutions & Clients & connec
Slide 20: We Significantly Diversified Our Offering and Improved the Quality of Our Earnings
WE SIGNIFICANTLY DIVERSIFIED OUR OFFERING AND IMPROVED THE QUALITY OF OUR EARNINGS Economic revenues (excluding hedging result; CHF million) Traditional structured products business Revenues from traditional products (e.g. BRCs/Autocallables) pre-dominantly on equity and equity indices as underlying
Slide 21: Following 2018-2021 Investment Phase, Leonteq Enters Five-Year Strategy Cycle and Commits to 2026 Targets
FOLLOWING 2018-2021 INVESTMENT PHASE, LEONTEQ ENTERS FIVE-YEAR STRATEGY CYCLE AND COMMITS TO 2026 TARGETS We are executing a Growth Strategy 2026 based on four … measured against clear targets for 2026. dimensions… OFFERING We are further enlarging and diversifying our offering FINANCIAL TARGETS 202
Slide 22: Investor Relations Contacts
INVESTOR RELATIONS CONTACTS Dominik Ruggli Leonteq AG Head Investor Relations, Investor Relations Communications & Marketing Europaallee 39 | 8004 Zürich | Switzerland +41 58 800 18 55 investorrelations@leonteq.com www.leonteq.com/investors Follow Us Linkedin Twitter Renato Bolliger Facebook Investo