Leonteq Ag · SIX:LEON
Leonteq — Investor Presentation (September 2021)
23 slides from Leonteq's investor presentation, Sep 16, 2021
Slide 1: Investora 2021 Leonteq AG Presentation
INVESTORA 2021 LEONTEQ AG | PRESENTATION ZURICH, 16 SEPTEMBER 2021
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 Investment Solutions • Highly automated marketplace for structured investment solutions (> 1,000 clients) 13 offices across EMEA and APAC • B2B: 10 white-labelling partner banks • B2B4C: White-labelled tools to service end-clients of State
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 Interest Rate Environment and Digitisation Drive Demand for Tailored Investment Solutions
LOW 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: 1. Low interest rate environment CAGR +12% • With increasing wealth, need for
Slide 8: Our Operations in Switzerland: Total Addressable Market of Close to CHF 400 Billion
OUR OPERATIONS IN SWITZERLAND: STRONG PRESENCE WITH TOTAL ADDRESSABLE MARKET OF CLOSE TO CHF 400 BILLION (TURNOVER) SSPA1 SIX Swiss Exchange2 Leonteq market share2 (CHF billion, by product category) (CHF billion, by product category) CAGR +13% CAGR +8% 368 332 352 47 47 23 3 9% Market share 276 47 1
Slide 9: Our Platform
ote t LEONTEQ OUR PLATFORM
Slide 10: Cutting Edge Technology and Client Focus
CUTTING EDGE TECHNOLOGY AND CLIENT FOCUS Cutting edge Large universe of Flexibility to tailor to Multi-issuer Technology structured products individual needs platform • State of the art • >90 different payoffs • Competitive pricing and • 10 white-labelling technology build from • Thousands of custom
Slide 11: LynQs: Leonteq's One-Stop-Shop for 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 issuer
Slide 12: Smart Hedging Issuance Platform (SHIP)
SMART HEDGING ISSUANCE PLATFORM (SHIP): ENABLES AUTOMATED PRICE SELECTION AND EXECUTION OF OPTION COMPONENT Benefits for the client • Only platform which allows to decouple the choice of the desired credit risk from the provider of the option component • Best option price out of seven leading invest
Slide 13: Platform Scalability Demonstrated: Transactions Increased from 60K to 140K
PLATFORM SCALABILITY DEMONSTRATED: # TRANSACTIONS INCREASED FROM 60K IN H1 2018 TO 140K IN H1 2021 Operational leverage Drivers for improved scalability (Indexed: H1 2018 = 100) 280 +139% Automation of processes across the full value 250 chain 220 190 Full straight-through-processing rate improved t
Slide 14: Our Ecosystem for Investment Solutions
OUR ECOSYSTEM FOR INVESTMENT SOLUTIONS +5 Private Regional Universal Self partners banks banks banks directed investors OMEGA SIGMA sp.leonteq.com Independent asset Institutional managers investors Family offices Digital solutions & Clients & connectivity investors Content, White- product and labell
Slide 15: Our Financials
ote t LEONTEQ OUR FINANCIALS
Slide 16: Strong Client Activity Results in Record Performance
STRONG CLIENT ACTIVITY AND DISCIPLINED RISK MANAGEMENT IN A FAVOURABLE MARKET ENVIRONMENT RESULT IN RECORD PERFORMANCE Total operating income Total operating expenses Group net profit (CHF million) (CHF million) (CHF million) +99% +69m +27% 205.8 74.4 131.0 125.2 103.5 98.7 99.2 34.4 5.5 H1 2020 H2
Slide 17: Topline Driven by Exceptional Q1 2021 and Strong Q2 2021
TOPLINE DRIVEN BY EXCEPTIONAL Q1 2021 AND STRONG Q2 2021 Quarterly economic revenues since inception (in CHF million)1 Drivers for strong fee income • High levels of client activity in a 160 favorable market environment • Strong client demand across products, 140 underlyings and issuers • Volumes an
Slide 18: Cost Increase from Strategic Investments, Variable Costs and Legal Provisions
London COST INCREASE RESULTING FROM CONTINUED STRATEGIC INVESTMENTS, PERFORMANCE DRIVEN VARIABLE COSTS AND LEGAL PROVISIONS Nearshoring initiative Lisbon, Portugal Total operating expenses (CHF million) H1 2020 reported 98.7 Release of provisions 4.0 H1 2020 adjusted cost base 102.7 Cost benefit nea
Slide 19: Strong Build-up of Capital Base
STRONG BUILD-UP OF CAPITAL BASE (EQUITY + DEFERRED FEE INCOME) Shareholders’ equity (CHF million)1 Capital base (CHF million)1,2 721 769 800 663 648 723 608 683 416 385 418 449 464 376 418 421 158 185 125 129 2012 2013 2014 2015 2016 2017 2018 2019 2020 H1 2012 2013 2014 2015 2016 2017 2018 2019 202
Slide 20: Leonteq's Capital Position and Dividend Policy
LEONTEQ’S CAPITAL POSITION AND DIVIDEND POLICY AGM 2018 AGM 2019 AGM 2020 AGM 2021 AGM 2022 AGM 2023 onwards Target to reach Minimum Capital CHF 464m CHF 683m CHF 769m CHF 723m CHF 800m area2 CHF 800m base1 (at end-2017) (at end-2018) (at end-2019) (at end-2020) (at-end 2021) area2 No dividend for N
Slide 21: Summary
ote t LEONTEQ SUMMARY
Slide 22: Leonteq Is Well Positioned for Future Growth
LEONTEQ IS WELL POSITIONED FOR FUTURE GROWTH Expansion of product offering Further build-out of AMCs, systematic indices, quantitative investment strategies and cryptocurrencies Expansion of issuer universe Build-out existing set-ups and add new white-labelling partners Acceleration of digital offer
Slide 23: 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