Adslot Ltd · ASX:ADS
Adslot — FY2023 Earnings Presentation
22 slides from Adslot's earnings presentation, Aug 31, 2023
Slide 1: Financial Year 2023 Results
Financial Year 2023 Results 31 August 2023 March Aslot Limited (ASX: ADS)2022 1
Slide 2: Our Business Units & Revenue Models
REVIEW Our Business Units & Revenue Models Product Primary Revenue Model Description A global digital media marketplace, enabling media buyers and sellers to trade premium display advertising on a targeted, forward-guaranteed basis Trading Fees (direct buys). A global enterprise SaaS platform, provi
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS CONTINUED IMPROVEMENT IN KEY FINANCIAL INDICATORS License Fee revenue up 6% on PCP* Total Trading Technology revenue up 2% on PCP Continued reductions in Operating Costs; down 3% against PCP Improved Adjusted EBITDA and Adjusted NPAT* performance; down 7% & 6% on PCP respectivel
Slide 4: Continued Progress
CONTINUED PROGRESS THE 2023 FINANCIAL YEAR SAW IMPROVEMENT IN TRADING ACTIVITY ACROSS ADSLOT’S PLATFORMS 160% growth in monetised Total Transaction Value (TTV) across the full financial year Record quarterly TTV , both monetised and unmonetised, in the June 2023 quarter Successful activation of the i
Slide 5: Strong Improvement in TTV Performance
STRONG IMPROVEMENT IN TTV PERFORMANCE 5
Slide 6: A Continuing Trend of TTV Growth
A CONTINUING TREND OF TTV GROWTH 6
Slide 7: Our Objectives for FY2024
OUR OBJECTIVES FOR FY2024 IN THE COMING YEAR, THE COMPANY WILL REMAIN FOCUSSED ON THE FOLLOWING PRIORITIES: Continued adoption of the integrated Symphony - Adslot Media solution in Australia and additional markets globally;; Scaling of trading in the United Kingdom via activation with GroupM agencie
Slide 8: Financial Performance
FINANCIAL PERFORMANCE March 2022 8
Slide 9: FY23 Saw Growth Across Key Revenues Across the Business
FY23 SAW GROWTH ACROSS KEY REVENUES ACROSS THE BUSINESS TRADING GROUP REVENUE FROM LICENSE FEE TRADING FEE TECHNOLOGY REVENUE CONTINUING OPERATIONS REVENUE REVENUE REVENUE $9.230M $8.934M $7.462M $6.424M $1.039M VS PCP -2% -1% +2% +6% -16% • For the current period, Group Revenue includes Revenue fro
Slide 10: FY23 Reduced Operating Costs, and Improved Adjusted EBITDA and Adjusted NPAT
FY23 REDUCED OPERATING COSTS, AND IMPROVED ADJUSTED EBITDA AND ADJUSTED NPAT OPERATING COSTS EBITDA LOSS ADJUSTED EBITDA LOSS NPAT LOSS ADJUSTED NPAT LOSS $11.302M ($8.372M) ($2.087M) ($12.078M) ($5.794M) VS PCP -3% +1050% -7% +160% -6% Adjusted EBITDA (loss) and adjusted NPAT (loss): excluding impa
Slide 11: Continued Focus on Operating Costs
CONTINUED FOCUS ON OPERATING COSTS -3% – Total Operating costs of vs PCP $11.302M for the year were 3% lower on prior corresponding period (PCP) OPERATING COST – Operating Costs are Total $11.302M Expenses excluding Depreciation and Amortisation, impairment of Goodwill, once off R&D Provision and Ta
Slide 12: Strong Improvement in FY23 Adjusted EBITDA Loss
STRONG IMPROVEMENT IN FY23 ADJUSTED EBITDA LOSS -7% VS PCP – FY23 adjusted EBITDA loss of ADJUSTED EBITDA $2.087M was a 7% LOSS improvement PCP ($2.087M) • Adjusted EBITDA (loss): excluding Impairment losses of $6.3M in FY23 & the reversal of one-off Provision of $1.5M for R&D Claim for Financial Ye
Slide 13: ... And Improved Adjusted NPAT
…. AND IMPROVED ADJUSTED NPAT -6% VS PCP – FY23 adjusted NPAT loss of $5.794M was a 6% improvement PCP ADJUSTED NPAT LOSS ($5.794M) • Adjusted NPAT (loss): excluding Impairment losses of $6.3M in FY23 & the reversal of one-off Provision 0f $1.5M for R&D Claim for Financial Year 2016 in FY22 from NPA
Slide 14: Improved Net Operating Outflows
IMPROVED NET OPERATING OUTFLOWS NET OPERATING CASH RECIEPTS CASHFLOWS CASH $15.968M ($1.602M) $2.875M VS PCP -5% -30% -52% • Net Operating outflows 30% improvement on PCP, despite having lower cash receipts. Lower cash balance in FY23 due to $0.519M cash inflow from financing vs $2.829M in PCP 14
Slide 15: Appendix: Revenue Segments
APPENDIX: REVENUE SEGMENTS March 2022 15
Slide 16: Revenue Segments
LICENSE FEE TRADING FEE REVENUE REVENUE REVENUE SEGMENTS THREE MAIN REVENUE SOURCES: TRADING 1. Licence Fees generated primarily from Symphony but also from TECHNOLOGY Adslot Media; REVENUE 2. Trading Fees generated primarily from Adslot Media but also from Symphony; and, 3. Services provided to Sym
Slide 17: Trading Fee Revenue Growth
TRADING FEE REVENUE GROWTH -16% VS PCP – Trading Fees reduced 16% on prior corresponding period (PCP) TRADING FEES $1.039M 17
Slide 18: License Fee Revenue Growth
LICENSE FEE REVENUE GROWTH – Licence Fees grew 6% on prior +6% corresponding period (PCP) VS PCP – Growth in licence fees driven by favourable forex for Symphony LICENCE FEES & the increase in License fee for REA for Adslot $6.424M 18
Slide 19: Trading Technology Revenue Growth
TRADING TECHNOLOGY REVENUE GROWTH +2% VS PCP – Trading Technology revenue grew 2% on PCP TRADING – Trading Technology revenue TECHNOLOGY represents the combination of Trading Fees and Licence Fees $7.462M 19
Slide 20: Disclaimer
DISCLAIMER The information contained in this presentation is given in good faith and has been prepared from information believed to be accurate and reliable. The information presented does not take into account your individual financial circumstances and it is not designed to be a substitute for spec
Slide 21: Definitions
DEFINITIONS *Prior Corresponding Period (PCP) growth rates referenced are calculated against the prior 12 months, being 12 months to 30 June 2022 ***Total Transaction Value represents the net value of media traded on the Adslot Media platform, including new bookings and any adjustments or cancellati
Slide 22: Thank You
Thank you Questions? investor.relations@adslot.com Adslot.com 22