Wirecard Ag · HAM:WDI
Wirecard — Q1 2013 Earnings Presentation
22 slides from Wirecard's earnings presentation, May 16, 2013
Slide 1: Results 1st quarter of fiscal 2013 Investor Presentation
Wirecard AG Results 1st quarter of fiscal 2013 Investor Presentation Aschheim, May 16 2013 © 2013 Wirecard AG 1
Slide 2: Content
Content 1. Key Figures / Highlights 1st quarter of fiscal 2013 2. Products and Solutions 3. Growth Drivers, Strategy and Outlook 4. Financial Data © 2013 Wirecard AG 2
Slide 3: 1. Key Figures / Highlights 1st quarter of fiscal 2013
1. Key Figures / Highlights 1st quarter of fiscal 2013 © 2013 Wirecard AG 3
Slide 4: Key Figures 1st quarter 2013
Key Figures / Highlights 1st quarter of fiscal 2013 Key Figures 1st quarter 2013 Q1 2013 Q1 2012 Change in % Results Transaction volume EUR bn 5.7 4.4 +30% Revenues EUR mn 101.1 83.6 +21% EBITDA EUR mn 26.3 23.3 +13% EBIT EUR mn 21.1 19.7 +7% Earnings after taxes EUR mn 16.5 15.3 +8% Operating cash
Slide 5: Diversified Customer Portfolio – Target Industries
Key Figures / Highlights 1st quarter of fiscal 2013 Diversified Customer Portfolio – Target Industries After the first three months in 2013 the transaction volume* amounted to EUR 5.7 billion (+ 29.5% yoy). Thereof EUR 0.8 billion (~14.0%) was generated in Asia. At the end of period under review, th
Slide 6: Operational Highlights Q1 2013
Key Figures / Highlights 1st quarter of fiscal 2013 Operational Highlights Q1 2013 Wirecard AG continued its operational growth with existing and new customers, such as SriLankan Airlines. At the same time the company extended yet further its international network of cooperation and distribution par
Slide 7: 2. Products and Solutions
wirecard 2. Preducts-a Solutions
Slide 8: Products and Solutions
Products and Solutions © 2013 Wirecard AG 8
Slide 9: Products and Solutions
Products and Solutions © 2013 Wirecard AG 9
Slide 10: Wirecard provides all ingredients for co-branded mobile wallet programs (white-label)
Products and Solutions Wirecard provides all ingredients for co-branded mobile wallet programs (white-label) FINANCIAL Wirecard Bank AG / Co-Brand / 3rd Party Wirecard Card Solutions Ltd. SERVICES LICENSE Wirecard Co-Brand / 3rd Party CARD ISSUER MasterCard/VISA issuing license Call centre / Mobile
Slide 11: 3. Growth Drivers, Strategy and Outlook
3. Growth Drivers, Strategy and Outlook © 2013 Wirecard AG 11
Slide 12: Online, offline, mobile commerce are converging – mobile internet use to accelerate
Growth Drivers, Strategy and Outlook Online, offline, mobile commerce are converging – mobile internet use to accelerate Growth in European online retail: by ~11% - 12% yoy average from 2011 to 2017 (EU-17 states) (Forrester 2013) European online travel market to grow by ~7% yoy (2013 to 2014) (PhoC
Slide 13: New Business Field: Mobile Payment
Growth Drivers, Strategy and Outlook New Business Field: Mobile Payment Mobile commerce to grow by 10.6% yoy average through to 2018 as a result of the spread of smartphones and tablets (Frost & Sullivan 2013) New solutions (prepaid- or online-based respectively mobile or contactless payments) incre
Slide 14: Outlook
Growth Drivers, Strategy and Outlook Outlook Fiscal Year 2013: EBITDA of between EUR 120 to 130 million (taking investments for mobile payment business into account: EUR 25 million) Guidance based on: Basic growth along with the European eCommerce market acceleration by ~11% - 12% Increase of the tr
Slide 15: 4. Financial Data
4. Financia | Data wirecard
Slide 16: Key Figures Q1 2013 / Q1 2012
Financial Data Key Figures Q1 2013 / Q1 2012 in EUR K Q1 2013 Q1 2012 Change in % Revenues 101,084 83,640 +21% EBITDA 26,334 23,258 +13% EBIT 21,070 19,723 +7% Profit after Taxes 16,531 15,282 +8% Operating cash flow* 22,656 18,262 +24% Shareholders’ equity 558,639 494,116 +13% Total equity and liab
Slide 17: Development Acquiring & Issuing Segment Q1 2013 / Q1 2012
Financial Data Development Acquiring & Issuing Segment Q1 2013 / Q1 2012 in EUR K Revenues EBITDA Q1 2013 Q1 2012 Change in % Q1 2013 Q1 2012 Change in % Acquiring & Issuing Segment 39,562 32,271 +23% 7,855 5,591 +41% Acquiring 30,737 24,818 +24% 4,383 3,252 +35% Issuing 8,825 7,453 +18% 3,472 2,339
Slide 18: Consolidated Income Statement Q1 2013 / Q1 2012
Financial Data Consolidated Income Statement Q1 2013 / Q1 2012 in EUR K Q1 2013* of Revenues Q1 2012 of Revenues Revenues 101,084 83,640 Own work capitalized 3,673 2,088 Cost of materials (59,188) (58.6%) (47,787) (57.1%) Personnel expenses (11,007) (10.9%) (8,699) (10.4%) Other operating expenses (
Slide 19: Taxes on Income Q1 2013 / Q1 2012
Financial Data Taxes on Income Q1 2013 / Q1 2012 in EUR K Q1 2013 in % of earnings Q1 2012 in % of earnings before taxes before taxes Earnings before taxes 20,116 19,023 Taxes on income and profit (3,585) (17.8%) (3,741) (19.7%) thereof impact from deferred taxes (592) (526) thereof actual income ta
Slide 20: Balance Sheet as of March 31, 2013 / December 31, 2012
Financial Data Balance Sheet as of March 31, 2013 / December 31, 2012 in EUR K Assets 03/31/2013 12/31/2012 Equity and liabilities 03/31/2013 12/31/2012 Non-currrent assets 479,508 459,874 Shareholders’ equity 558,639 541,730 Goodwill 141,862 142,149 Liabilities 620,696 586,154 Deferred tax assets 5
Slide 21: Disclaimer
Disclaimer This presentation contains explicit and implicit forward-looking statements concerning Wirecard AG, its affiliated companies and their business. These statements are subject to various known and unknown risks, uncertainties and other factors due to which the actual events, financial condi
Slide 22: Contact
Contact Wirecard AG Einsteinring 35 85609 Aschheim / Munich Germany Investor Relations Iris Stöckl iris.stoeckl@wirecard.com T: + 49 (0) 89 4424 1424 © 2013 Wirecard AG 22