Slide 1: Financial Year 2022 Half-Year Results
Financial Year 2022 Half-Year Results 24 February 2022 Aslot Limited (ASX: ADS) 1
Slide 2: Our Business Units & Revenue Models
REVIEW Our Business Units & Revenue Models Product Description Primary Revenue Model 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 THE FIRST HALF OF FY 2022 SAW IMPROVEMENT IN FINANCIAL PERFROMANCE ACROSS THE COMPANY Trading Fee revenue up 16% HoH* and 2% vs PCP** License Fee revenue up 7% HoH and 18% vs PCP Total Trading Technology revenue up 9% HoH and 14% vs PCP Continued reductions in operating costs Im
Slide 4: Strong Commercial Progress
Strong Commercial Progress OVER THE FIRST HALF, SIGNIFICANT PROGRESS WAS MADE ON ACCELERATING COMMERCIAL OPPORTUNITIES Total Transaction Value (TTV)*** on the Adslot Media platform increased for 3 consecutive quarters Volume of trades on the Adslot Media platform reached record levels in December 20
Slide 5: Improved trading on the Adslot Media platform
+ 49% TOTAL VALUE OF TRADES Q2 - QOQ + 20% PCP Improved trading on the + 33% Adslot Media TOTAL NUMBER OF TRADES Q2 - QOQ platform + 31% PCP Prior Corresponding Period (PCP) above represents the quarter to 31 December 2020 5
Slide 6: Adslot's Partner Marketplace Strategy
Adslot’s Partner Marketplace Strategy The Company expects that PROVIDING BUYERS WITH THEIR OWN WHITE- current and emerging LABELLED AND CUSTOMISED MARKETPLACES ALIGNS WITH MACRO INDUSTRY TRENDS partner marketplaces will be the primary driver of trading A flight to quality where media buyers are seek
Slide 7: Partner Marketplaces group Premium Supply
Partner Marketplaces group Premium Supply m IN JULY 2021 THE COMPANY LAUNCHED A PARTNER MARKETPLACE AS A COMPONENT OF GROUPM’S GLOBAL PREMIUM SUPPLY INITIATIVE Initial active market is UK with opportunity to expand to additional active markets globally December 2021 quarter trading saw a significant
Slide 8: Partner Marketplaces IPG - Kinesso
Partner Marketplaces IPG - Kinesso THE COMPANY HAS RECENTLY LAUNCHED A PARTNER MARKETPLACE FOR KINESSO, THE INNOVATION DIVISION OF THE INTERPUBLIC GROUP OF COMPANIES (IPG) Marketplace customised for the valuable and fast-growing Health and Wellness sector with a focus on pharmaceutical clients in th
Slide 9: Strong and Growing Publisher Coverage in Key Markets
Strong and Growing Publisher Coverage in Key Markets * PARTIAL LIST = SIGNED IN 2021 9
Slide 10: Our Objectives for 2022
Our Objectives for 2022 DURING 2022 THE COMPANY WILL CONTINUE ITS FOCUS ON THE FOLLOWING STRATGIC PRIORITIES: Scale trading on recently activated Partner Marketplaces in the US and UK markets; Further activate and scale trading from contracted agency groups; Explore strategic partnerships with indus
Slide 11: Strategic Review of Operations
Strategic Review of Operations FOLLOWING RECEIPT OF UNSOLICITED INTEREST, THE BOARD HAS DECIDED TO COMMENCE A STRATEGIC REVIEW PROCESS WITH THE OBJECTIVE OF MAXIMISING SHAREHOLDER VALUE This process will involve an assessment of Adslot’s strategic options and the alternative strategies available to
Slide 12: Financial Performance
FINANCIAL PERFORMANCE 12
Slide 13: H1 FY22 Saw Growth Across Key Revenues Across The Business
H1 FY22 Saw Growth Across Key $6.00 Millions Revenues Across The Business $5.00 H1 FY21 H1 FY22 $4.00 $3.00 $2.00 $1.00 $0.00 REVENUE FROM TRADING GROUP LICENSE FEE TRADING FEE CONTINUING TECHNOLOGY REVENUE REVENUE REVENUE OPERATIONS REVENUE $4.678M $4.386M $3.588M $2.893M $0.696M VS PCP -7% +8% +14
Slide 14: H1 FY22 Reduced Operating Costs, and Improved EBITDA and NPAT
H1 FY22 Reduced Operating Costs, $2.00 Millions and Improved EBITDA and NPAT $1.00 $0.00 -$1.00 -$2.00 -$3.00 -$4.00 -$5.00 H1 FY21 H1 FY22 -$6.00 -$7.00 OPERATING COSTS EBITDA PROFIT ADJUSTED EBITDA LOSS NPAT LOSS ADJUSTED NPAT LOSS $5.441M $0.746M ($0.763M) ($1.194M) ($2.703M) VS PCP -8% +182% - 1
Slide 15: H1 FY22 - Operating Cost Reduced
H1 FY18 H1 FY19 H1 FY20 H1 FY21 H1 FY22 $0.00 Millions H1 FY22 - Operating -$1.00 Cost Reduced -$2.00 -$3.00 -11% – Total Operating costs of HoH $5.441M for the half were 11% lower half on half (HoH), and -$4.00 8% lower on prior corresponding period (PCP). OPERATING COST -$5.00 – Operating Costs ar
Slide 16: H1 FY22 – Improved EBITDA
H1 FY18 H1 FY19 H1 FY20 H1 FY21 H1 FY22 $1.00 Millions $0.50 H1 FY22 – Improved $0.00 EBITDA -$0.50 +149% -$1.00 HoH -$1.50 – H1 FY22 EBITDA Profit of EBITDA PROFIT $0.746M was a 149% -$2.00 improvement HoH and a 182% $0.746M improvement on PCP -$2.50 -$3.00 +182% v s PCP -$3.50 -$4.00 16
Slide 17: H1 FY22 – Improved NPAT
H1 FY18 H1 FY19 H1 FY20 H1 FY21 H1 FY22 $0.00 Millions H1 FY22 – Improved -$1.00 NPAT -$2.00 -65% HoH -$3.00 – H1 FY22 NPAT Loss of NPAT LOSS -$4.00 $1.194M was a 65% improvement HoH and a 58% ($1.194M) improvement on PCP -$5.00 -58% v s PCP -$6.00 -$7.00 17
Slide 18: H1 FY22 Cash Receipts and Net Operating Cashflows
H1 FY22 Cash Receipts and Net $8.00 Millions Operating Cashflows $7.00 $6.00 H1 FY21 H1 FY22 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 -$1.00 -$2.00 NET OPERATING CASH RECIEPTS CASH CASHFLOWS $7.316M ($1.378M) $3.411M VS PCP 18% - 545 % -54% Lower net cash operating inflows due to higher government COVID
Slide 19: R&D Tax Incentive
R&D Tax Incentive The Company expects to IN NOVEMBER 2021 THE COMPANY SUCCESSFULLY RESOLVED ITS DISPUTE REGARDING THE imminently receive $2.6M in HISTORICAL FY2016 R&D CLAIM payments related to the The matter was settled with Innovation and Science Australia in FY16 and FY21 R&D claims. the Company’
Slide 20: Appendix: Revenue Segments
APPENDIX: REVENUE SEGMENTS 20
Slide 21: 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 22: Trading Fee Revenue Growth
$1,000 Thousands $900 Trading Fee CA GR $800 1 7% Revenue Growth $700 $600 +16% HoH $500 – Trading Fees grew 16% half-on- half (HoH) and 2% on prior $400 corresponding period (PCP) TRADING FEES $300 – Successful launch of GroupM $0.696M UK partner marketplace contributed to trading fee $200 growth d
Slide 23: License Fee Revenue Growth
$4.00 Millions $3.50 CA GR 5% License Fee Revenue Growth $3.00 $2.50 – Licence Fees grew 7% half-on- +7% half (HoH) and 18% on prior Ho H $2.00 corresponding period (PCP) – Revenue growth from impact $1.50 LICENCE FEES of new Symphony markets deployed in prior period $2.893M $1.00 – Revenue growth f
Slide 24: Trading Technology Revenue Growth
$4.50 Millions CA GR $4.00 7% Trading Technology $3.50 Revenue Growth $3.00 $2.50 +9% HoH $2.00 – Trading Technology revenue grew 9% half-on-half (HoH) and 14% on prior corresponding TRADING $1.50 period (PCP) TECHNOLOGY – Trading Technology revenue $3.588M $1.00 represents the combination of Tradin
Slide 25: 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 spe
Slide 26: Definitions
Definitions *Half on Half (HoH) growth rates referenced are calculated against the last 6 months, being 6 months to 30 June 2021 **Prior Corresponding Period (PCP) growth rates rates referenced are calculated against the prior Half Year period, being 6 months to 31 December 2020 ***Total Transaction
Slide 27: Thank you
Thank you Questions? investor.relations@adslot.com Adslot.com 27