Gaming Realms Plc · LSE:GMR
Gaming Realms — H1 2020 Earnings Presentation
17 slides from Gaming Realms's earnings presentation, Sep 9, 2020
Slide 1: Gaming Realms
MEGAWAEKPOT; ate 200 a nee GAMING ~ REALNIS
Slide 2: Introduction to Gaming Realms
1 INTRODUCTION TO GAMING REALMS
Slide 3: Executive Team
2 EXECUTIVE TEAM MICHAEL BUCKLEY, EXECUTIVE CHAIRMAN Co-founded Gaming Realms plc Chairman Cashcade Limited Founder Director of Meridian Television Chairman of Selectv plc Chairman of Pacific Media plc MARK SEGAL, CFO Co-founded Gaming Realms plc Former Finance Director of bwin.party’s bingo divisio
Slide 4: Who We Are
3 WHO WE ARE Group revenue by Geography H1 2020 Developer, licensor Slingo – unique game and distributor of real format loved by money & social games players United Kingdom 29% United States 56% Other 15% Distribute games globally through most Licensor of Slingo IP for 62 staff based in London, succ
Slide 5: Investment Case
4 INVESTMENT CASE • Operating in a large and growing international market • Slingo is a unique game format and brand which resonates with consumers – creating a new genre • Strong partnerships with major gaming Distributors, Operators and consumers brands • Highly profitable and highly scalable • Lo
Slide 6: Slingo - Our Unique Gaming Format
5 SLINGO - OUR UNIQUE GAMING FORMAT Hybrid slots-bingo format Fast games ideal for mobile devices Portfolio of 40 proprietary games 2 in-house games studios
Slide 7: Business Model (Content Licensing)
6 BUSINESS MODEL (CONTENT LICENSING) • 300,000 + players play our games each month across multiple operators. • 2 routes to market • Via distribution partner • Direct integration with operator Operator e.g. Draftkings Player GMR Distribution Builds and Partner Operator Player Hosts Games e.g. Relax
Slide 8: Business Model (Social & Brand Licensing)
7 BUSINESS MODEL (SOCIAL & BRAND LICENSING ) SOCIAL BRAND LICENSING Develop Social Games e.g. Slingo Arcade Publish on Apple, Google, Amazon and Facebook Social iLotteries Integrate Slingo games and other select content Player management Marketing Physical scratchcards Licensing agent In app purchas
Slide 9: Summary Financial Performance
8 SUMMARY FINANCIAL PERFORMANCE • High revenue growth - quarterly compound growth of 26% since Q1 2018 for Quarterly Content and Brand License revenue Content Licensing • Low variable costs – H1’20: 27% of Revenue • Stable fixed cost base – H1’20: £2.5m (H2’19: £2.6m) • Equating to high operating le
Slide 10: Growth Opportunities
TANMATINS REALMS PLAYING A NEW GAME GROWTH OPPORTUNITIE
Slide 11: Large Growing Market
10 LARGE GROWING MARKET Global Online Casino North America Online Casino (Gross Gaming Revenue) $m’s (Gross Gaming Revenue) $m’s CAGR CAGR 2015-2019 11.1% 2015-2019 7.5% 2020-2025 2020-2025 7.5% 17.3% • We are targeting more European markets including Spain, • US market opening up presents significa
Slide 12: Clear and Attainable Growth Opportunities
11 CLEAR AND ATTAINABLE GROWTH OPPORTUNITIES Further Penetration International Adding new with existing Expansion – Distributors, Distributors and particularly in Operators and Operators driven the US Licensors by new games
Slide 13: Scalable Growth
12 SCALABLE GROWTH • Scalable platform allows future growth through existing infrastructure for new games and more distribution • Owner of proprietary “RGS” platform allows direct distribution and hosts our game portfolio • Highly experienced team in place: – Business development director in US – Bu
Slide 14: Financials
TANMATINS REALMS PLAYING A NEW GAME x} it kool) minor | ne ey a y ij FINANCIALS
Slide 15: Financials H1 2020
14 FINANCIALS H1 2020 H1 2020 Income Statement H1 2020 Balance Sheet Group H1 2020 H1 2019 Group H1 2020 H1 2019 £m £m £m £m Revenue 5.2 3.1 66% Non-Current Asset 13.1 13.1 Variable (1.4) (1.2) (16%) Current assets 4.6 3.3 Costs (excl cash and cash equivalents) Administrative (2.5) (2.0) (25%) Cash
Slide 16: Financials - Current Trading
15 FINANCIALS – CURRENT TRADING In the 2 months post Period, We have launched Oryx Gaming distribution. Licensing has increased 2 games into the market. Oryx is a leading European distributor of games with 140% YOY over 100 Operator partners. and social has increased 56% YOY Signed deal with Inspire
Slide 17: Disclaimer
16 These presentation slides and the accompanying verbal presentation (together the “Presentation Materials”) are The Presentation Materials do not constitute an offer of transferable securities to the public for the purposes of section confidential. 85 FSMA. The Presentation Materials are exempt fr