Ras Technology Holdings Limited · ASX:RTH
Ras Technology — H1 FY2023 Earnings Presentation
25 slides from Ras Technology's earnings presentation, Feb 27, 2023
Slide 1: RAS Technology Holdings FY23 1H Results
RAS TECHNOLOGY HOLDINGS LIMITED Racing and Sports services the global wagering industry providing premium data, enhanced content and SaaS solution. FY23 1H Results 2023
Slide 2: Important Notice and Disclaimer
Important Notice transaction nor is it intended to be used as the basis for making an investment decision. Investors should make their own enquiries and investigations in relation to all information in this presentation and before A number of figures, amounts, percentages, estimates and calculations
Slide 3: Racing and Sports is a leading provider of B2B products and technology
“ Racing and Sports is a leading provider of B2B products, services and technology solutions for the global racing, sporting and wagering industries. Our core business is in data, technology, and digital powered by our market leading analytics and platforms. Stephen Crispe Chief Executive Officer
Slide 4: H1 FY23 Highlights
H1 FY23 HIGHLIGHTS • Picklebet signed a 2-year deal with Racing and Sports to provide the Risk Managed Trading Service and customer facing content to power Picklebet’s racing product. • Expanded 5-year deal with Entain valued at $5 Million to become the provider of all enhanced racing content to the
Slide 5: First-Half Performance
RACING:SPORTS. FIRST-HALF * PERFORMANCE
Slide 6: H1 Financial Performance
H1 FINANCIAL PERFORMANCE KEY PERFORMANCE METRICS Annualised Monthly Recurring Revenue Revenue ($m) EBITD ($m) ($m) (AMRR) $5.7m $5.71m +45% +25% $11.15m $11.2m $3.9m +82% $8.9m H1 FY22 H1 FY23 -$1.7m -$0.3m H1 FY22 H1 FY23 H1 FY22 H1 FY23 Average Annualised Revenue Per Enterprise Customer1 ($) (AARP
Slide 7: AMRR Performance as at December 2022
AMRR PERFORMANCE AS AT DECEMBER 2022 KEY PERFORMANCE METRICS Wagering Technology and Services continues to be the fastest growing sector with a 50% increase in AMRR. We are also seeing continued strong growth in wholesale Data and Content. Revenue by jurisdiction Revenue by jurisdiction +22% HY 2022
Slide 8: Business Overview
RACING:SPORTS" BUSINESS OVERVIEW
Slide 9: Business Divisions
BUSINESS DIVISIONS WHOLESALE DATA AND WAGERING SPECIALIST DIGITAL PREMIUM CONTENT TECHNOLOGY DATA SERVICES AND AND MEDIA DISTRIBUTION AND SERVICES CONSULTING PREMIUM PRODUCTS AND WAGERING FOCUSED TRADING / PRICING PLATFORM, DATA SERVICES AVAILABLE TO B2B PRODUCTS AND MANAGED TRADING SERVICES, MEDIA,
Slide 10: Customers by Business Divisions
CUSTOMERS BY BUSINESS DIVISIONS Wholesale Data and Premium Content Distribution Wagering Technology and Services Fully integrated premium racing data and content Innovative wagering and trading solutions Specialist Data Services and Consulting Wagering Operators Premium products and data services av
Slide 11: Global Operations
GLOBAL OPERATIONS KEY LOCATIONS Head office in Canberra since 1999 02 United Kingdom UK office opened in York in 2019 to 04 United States support UK and Europe operations IT Development, operations and support office in Colombo, Sri Lanka 03 Sri Lanka established in 2016 USA co-location with Sky Rac
Slide 12: Core Platform
CORE PLATFORM PROCESSING INTELLIGENCE Historical Events Raw data Raw data Rights Holders Authorities Public Domain and Bodies Capture and store Capture and store Capture and store Storage Wagering Premium Data/Content/ End Customer Enhancement Global Distribution Visuals Media Process Data Product C
Slide 13: Customer Milestones, Services and Tenure
Data CUSTOMER MILESTONES, SERVICES AND Data TENURE Digital and media VRC Data and Content Longstanding, established customers with the majority on multi-year contracts Strong track record of product and service expansion Distribution Partner Picklebet MTS Data and content, Data and content added Tra
Slide 14: Strategic Update
STRATEGIC UPDATE
Slide 15: Achievements for FY22 & FY23
ACHIEVEMENTS FOR FY22 & FY23 Launched Risk Managed Expanded partnership with Trading Service into Market Sky Racing World to bring a new and enhanced digital and media offering in the US 3-year sponsorship agreement Racing and Sports AI Launch of UK Racing and with Australian Turf Club for Powered a
Slide 16: Strategic Focus for FY2023
STRATEGIC FOCUS FOR FY2023 PRODUCT & SERVICES STRATEGY Launch of UK and US digital platforms to Strategic focus to engage the younger Source, ingest, process and productise hard- Expansion of the industry leading Trading & promote and monetise both brand and demographic with animation, gamification
Slide 17: Outlook
RACING:SPORTS.__ OUTLOOK
Slide 18: Outlook
OUTLOOK • Racing and Sports enjoys continued strong momentum into Q3 and Q4 2023 • Global sales team continue to build and maintain a substantial pipeline of opportunities across all the company’s products and services. • Key focus areas for Q3/Q4 FY23 and beyond: • Wagering Products: • Continued in
Slide 19: Appendix
RACING?SPORTS. APPENDIX
Slide 20: Profit and Loss Statement
PROFIT AND LOSS STATEMENT For the half-year ended 31 December 2022 Consolidated 31 Dec 31 Dec 2022 2021 $'000 $'000 Revenue Revenue from contracts with customers 5,708 3,949 COMMENTS Other income 334 282 Strong revenue growth of 45 % from PCP Our two largest units Data and Content and Revenue from c
Slide 21: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION Consolidated 31 Dec 30 Jun 2022 2022 $'000 $'000 Assets Current assets Cash and cash equivalents 9,014 10,767 Trade and other receivables 2,211 1,469 Contract assets 289 54 Other assets Total current assets 414 11,928 121 12,411 COMMENTS Non-current assets Net assets
Slide 22: Cash Flow Statement
CASH FLOW STATEMENT For the half-year ended 31 December 2022 Consolidated 31 Dec 31 Dec 2022 2021 $'000 $'000 Cash flows from operating activities Receipts from customers (inclusive of GST) 5,611 3,833 Payments to suppliers and employees (inclusive of GST) (6,443) (3,412) Payments for IPO costs Rece
Slide 23: Executive Team
EXECUTIVE TEAM GARY CRISPE STEPHEN CRISPE TIM OLIVE ROBERT VILKAITIS BRENT DOLAN Executive Director and Chief Executive Officer Chief Financial Officer Chief Technology Officer Managing Director, UK Chief Commercial Director Gary Crispe is a co-founder of Racing and Stephen is an experienced c-level
Slide 24: Board of Directors
BOARD OF DIRECTORS KATE CARNELL GARY CRISPE GREG NICHOLS SOPHIE KARZIS JAMES PALMER Non-Executive Chair Executive Director and Non-Executive Director Non-Executive Director Non-Executive Director Chief Commercial Director Kate Carnell is an experienced company Gary Crispe is a co-founder of Racing a
Slide 25: Thank You
THANK YOU W W W . R A C I N G A N D S P O R T S . C O M . A U
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