Tbo Tek Ltd. · NSE:TBOTEK
Tbo Tek — Q1 FY2024-25 Earnings Presentation
22 slides from Tbo Tek's earnings presentation, Aug 13, 2024
Slide 1: TBO.com: Travel Simplified
TBO.com: Travel Simplified Investors Presentation : Q1 2024-25 1
Slide 2: Disclaimer
Disclaimer This presentation may contain statements which reflect Management’s current views and estimates and could be construed as forward-looking statements. The future involves risks and uncertainties that could cause actual results to differ materially from the current views being expressed. Th
Slide 3: TBO at a Glance
TBO at a Glance one of the leading travel distribution platform in the global travel & tourism industry1 Our technology platform enables global Travel Buyers and Suppliers to do business seamlessly All Metrics are for FY 2023-24 Source: 1. 1Lattice Travel & Tourism Industry Report (2023)
Slide 4: Introducing TBO: Our platform simplifies travel
Introducing TBO Our platform simplifies travel Suppliers Direct APIs or through Retail Selling Buyers Platform supply aggregators Retail Buyers Hotels Travel Agencies Airlines Independent Retail Selling Platform Travel Advisors Travelers Car Rentals Integration API for Enterprise Customers Transfers
Slide 5: We address key needs of suppliers and buyers
TBO at a Glance We address key needs of suppliers and buyers Discovery Trust Payments Service Real-time access Supplier Transact in 24x7, multi-lingual to global travel onboarding is respective local pre- and post- inventory of curated by TBO currencies booking support over 1 Million+ with strict SL
Slide 6: Executive Summary Quarter 1 2024-25
Executive Summary Quarter 1 2024-25 6
Slide 7: Executive Summary Quarter 1, 2024-25: TBO Enterprise
Executive Summary Quarter 1, 2024-25 TBO Enterprise • Off to a Good start, delivered EPS of Rs 5.85 in line with Business Plans for Qtr. 1 (+24% vs LY) • All Key KPI’s showing healthy growth • Significant improvement in Saliency of Hotels segment, up 10.3% vs prior year …… Driving mix improvement •
Slide 8: Off to a good start!
1 4 GTV Revenue INR 7,940 Cr (~14% YoY Growth) INR 418 Cr (~21% YoY Growth) 2 5 Adjusted EBITDA PAT INR 85 Cr (~23% YoY Growth) INR 61 Cr (~29% YoY Growth) Off to a good Adj. EBITDA % PAT % start ! 20.3% 14.6% (TBO Enterprise) 3 6 EPS (Basic) Cash & Bank Balance* INR 5.85 INR 1,188 Cr * Cash & Bank
Slide 9: Hotel vs Air GTV Saliency
Executive Summary Quarter 1, 2024-25 Hotel vs Air GTV Saliency Q1’ 2023-24 Q1’2024-25 54% 43% 46% 57% Air Hotels Air Hotels Mix Improvement through higher contribution from Hotel Segment
Slide 10: Business Performance - Enterprise
Executive Summary Quarter 1, 2024-25 Business Performance - Enterprise Active Agent ** Active Bookers ** # +7% # +11% 32,760 35,194 45,403 41,004 Q1 FY 24 Q1 FY 25* Q1 FY 24 Q1 FY 25 GTV Revenue INR Cr +14% INR Cr +21% 7,940 418 6,948 345 Q1 FY 24 Q1 FY 25* • Q1’FY 25 incudes Jumbonline numbers Q1 F
Slide 11: International Operations
Executive Summary Quarter 1, 2024-25 International Operations • Strong double digit growth in GTV, Revenue & PAT vs prior year • Most regions delivered Strong double digit GTV growth ….. highest in Eastern, Central Europe, followed by APAC & China • Healthy Y-o-Y improvement in Financial metrics for
Slide 12: India Operations
Executive Summary Quarter 1, 2024-25 India Operations • Strong EPS delivery INR 2.24 ( +50% vs prior year) for India operations • Revenue growth impacted by temporary slowdown in aviation sector o Outlook for the sector is very promising demonstrated by large aircraft orders and growing outbound Ind
Slide 13: Key Platform Initiatives
Key Platform Initiatives PLATFORM KEY STRATEGIC SUPPLY INITIATIVES COMMERCIAL 13
Slide 14: Platform Initiatives
Platform Initiatives ❑ A newly launched cloud-native platform …. It has significantly decreased search result response time for hotel API clients, achieving a 59% reduction for our top customer—from 22 to 9 seconds. ❑ Several platform enhancements have been implemented to enable multi-tenancy, allow
Slide 15: KPI Metrics (1/2)
KPI Metrics (1/2) Quarter ended Notes: Particulars (1) Monthly Transacting Buyers are the average number June 30, 2024 March 31, 2024 June 30, 2023 of Buyers with net positive sales (which is calculated as Monthly Transacting Buyers(1) (number) fresh bookings minus cancellations) during each month -
Slide 16: KPI Metrics (2/2)
KPI Metrics (2/2) (7) Take Rate % - Product is computed as revenue from operations from particular product divided by such product’s GTV for the relevant year / period. Quarter ended Particulars (8) Gross Profit - Product is computed as revenue from June 30, 2024 March 31, 2024 June 30, 2023 operati
Slide 17: Detailed Financial Performance
Detailed Financial Performance 17
Slide 18: Q1 2024-25: Financial Metrics
Q1 2024-25 : Financial Metrics Transacting GTV Revenue Gross Adj. buyers Profit EBITDA (Monthly) 28,101 INR 7,940 INR 418 Cr. INR 280 Cr. INR 85 Cr. Cr. Take rate: 5.27% GP to GTV: 3.52% Margin: 20.33% 7% 14% 21% 25% 23% Growth Rate (YoY) Growth Rate (YoY) Growth Rate (YoY) Growth Rate (YoY) Growth
Slide 19: Maximizing shareholder's value
Maximizing shareholder’s value Net Worth (INR Cr.) Book Value per Share (INR) 1,001 96.06 545 53.50 337 33.22 204 232 19.58 22.85 Mar 21 Mar 22 Mar 23 Mar 24 Jun 24 Mar 21 Mar 22 Mar 23 Mar 24 Jun 24 Sustainable Profitable Growth ……. Maximizing Shareholders Value 19
Slide 20: Consolidated Financial Results: P&L Q1 2024-25
Consolidated Financial Results : P&L Q1 2024-25 Amount in INR Cr. Quarter ended Year ended Particulars June 30, March 31, June 30, March 31, 2024 2024 2023 2024 1 . Income Revenue from operations 418.46 369.07 344.56 1,392.82 Other income 12.13 7.92 3.88 24.67 Other gains/(losses) – net 3.33 (1.07)
Slide 21: Consolidated Financial Results: P&L Q1 2024-25
Consolidated Financial Results : P&L Q1 2024-25 Amount in INR Cr. Quarter ended Year ended Particulars June 30, 2024 March 31, 2024 June 30, 2023 March 31, 2024 Profit/(loss) for the year/period (A) 60.92 46.40 47.30 200.57 Tax Expense (B) 14.60 6.89 7.15 26.34 Profit/(loss) before tax (C=A+B) 75.52
Slide 22: Thank You!
Thank You! tbo.com TRAVEL SIMPLIFIED