Cuscal Limited · ASX:CCL
Cuscal — ASX SMIDcaps Conference 2025
14 slides from Cuscal's conference presentation, Mar 26, 2025
Slide 1: ASX SMIDcaps Conference
ASX SMIDcaps Conference Moving Payments Forward. Together. Craig Kennedy Managing Director 26 March 2025 Cuscal Limited. ASX: CCL
Slide 2: Important Notice
IMPORTANT NOTICE This presentation has been prepared by Cuscal Limited (ACN 087 822 455) (Cuscal). This presentation contains summary information about Cuscal and its subsidiaries as at the date of this presentation. The information in this presentation does not purport to be complete and is not int
Slide 3: Introducing Cuscal
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Slide 4: Australia's leading independent B2B payments provider
Australia’s leading independent B2B payments provider Payment Rails Infrastructure and connectivity providers Key Themes Schemes Retailers Major Banks Physical Major banks and retailers have Card significant market share. Both are internally focused on their own Digital wallets and gateways Digital
Slide 5: Differentiated Role in the Australian Payments Landscape
Differentiated Role in the Australian Payments Landscape End-to-End Independent Fully Licensed Well Capitalised Capabilities B2B offering Access to core payment rails is Highly regulated – Required to Strong balance sheet position difficult/expensive Cuscal does not compete with settle transactions
Slide 6: Underpinned by a track record of innovation to evolve, pre-empt and adapt
…Underpinned by a track record of innovation to evolve, pre-empt and adapt to new market conditions 1966 2020 Payment solutions for Access to Voice and aggregator Largest independent provider of solutions mutuals new clients for mutual ADIs for payments and regulated data First certified NPP PayTo P
Slide 7: Core capabilities
Core capabilities Issuing Acquiring Payments Make a card payment Accept a card payment Account to Account payments • Provides debit, credit, and prepaid • Enables businesses to accept • Processes real-time payments card solutions for banks, fintechs, payments via card transactions (in- through the N
Slide 8: H1 FY25 Results Highlights
H1 FY25 Results Highlights
Slide 9: H1 FY25 Highlights
H1 FY25 Highlights +7% transaction volume growth. Earnings growth across all core capabilities. Improvement in all key metrics. On track to meet or modestly exceed Prospectus FY25 pro forma NPAT forecast. (1) (1) Pro forma Consolidated Profit attributable to the owners of Cuscal.
Slide 10: H1 FY25 - Growth across all key metrics
H1 FY25 - Growth across all key metrics Pro forma Transaction Volumes Adjusted EBITDA Pro forma NPAT Pro forma EPS Pro forma ROE (%) (by number, million) ($m) and Margin (%) (cents per share) ($m) and Margin (%) 14.7% +7% 24.3% 21.4% 16.8% 10.9% +5% 9.0% 6.3% 4.9% 21.5 3.5% 2,127 35.6 29.5 12.1 15.1
Slide 11: Growth drivers
Growth drivers Macro Organic and trends inorganic ▪ Continued decline in cash and ▪ Continue expansion of core capabilities growth in digital payments. into new client segments. ▪ Retirement of Batch payments in ▪ Potential M&A in core business areas. favour of real-time payments by end of 2030. ▪ G
Slide 12: Well positioned for growth and operating leverage
Well positioned for growth and operating leverage Revenue model Significant investment underpinned by long- Diversified model with in operating model Well capitalised, tenured, contracted multiple revenue drivers completed in recent regulated balance sheet client base years
Slide 13: Q&A
Q&A
Slide 14: Thank you
Cuscal_ Thank you