Way 2 Vat Ltd · ASX:W2V
Way 2 Vat — Investor Presentation (February 2023)
15 slides from Way 2 Vat's investor presentation, Feb 28, 2023
Slide 1: Global VAT Refunds
For personal use only Global VAT Refunds Amos Simantov, CEO February 2023 Investor Presentation Preliminary Full Year FY22 1 All currency in AUD dollars unless otherwise noted
Slide 2: Purpose, Vision and Leadership Team
Purpose Leadership Team For personal use only Simplify and fully Amos Simantov automate VAT reclaim for Founder & CEO business Smadar Noy Chief Financial Officer Vision Alex Alegert CEO DevoluIVA Challenge the status quo of the global VAT/GST Amir Peretz industry from VP Product Payment to Recovery
Slide 3: W2V is the world's only fintech company automating global VAT/GST reclaim
W2V is the world’s only fintech company For personal use only That automates global VAT/GST reclaim processing through image processing and AI Leading technology partners SMB Customers Enterprise Customers Over900 Over 250 Resulting in significantly more reclaimed VAT/GST 3
Slide 4: Wide range of multinational enterprise customers
Wide range of multinational enterprise customers For personal use only 4
Slide 5: Proprietary technology automating VAT/GST reclaim processing
Proprietary technology automating VAT/GST reclaim For personal use only processing across 40 countries in 20 languages AI technology patents used in proprietary image- processing technology USPTO granted (App.17.059,482) 100% owned by W2V Four patents enable: • Full AI-driven automation • Human-leve
Slide 6: Key drivers and FY22 highlights
Key drivers and FY22 highlights For personal use only Multi year contracts 250 57% $21.33M 900 Enterprise clients at end Increase in Transaction VAT refunds in 2022 Average SMB clients at end 2022 2022 Volume to $21.33M 2-3 years 6
Slide 7: Financial Snapshot FY22
Financial Snapshot FY22 For personal use only $1.9M 77% $1.5M $2.5M Net Revenue in 2022 Gross Profit Margin Cash balance Trade Receivables +7% on pcp +11% before currency adjustment* * Operational currency in Euro: FY22 Revenue €1.23m up 10.9% on FY21 €1.12million 7
Slide 8: Strategy & Outlook
For personal use only Strategy & Strategy Outlook & Outlook 8
Slide 9: Growth Strategies
Growth Strategies For personal use only Spain growth utilising Grow VAT sales DevoluIVA partners’ hub; through European integration with W2V enterprise hubs: UK VAT product suite and and Spain SmartSpend Card Provide SMBs with Consider additional holistic solution: growth opportunities SmartSpend Ca
Slide 10: Smart Spend Platform: 2023 Growth Engine
SMART SPEND For personal use only PLATFORM 2023 GROWTH ENGINE 10
Slide 11: Smarter management of corporate expenses
Smarter management of Offering For personal use only corporate expenses Subscriptions Control Accounts Payable Compliance Visibility Travel Expenses Savings VAT Reclaim 11
Slide 12: Smart spend platform flow
For personal use only subscription travel expenses accounts payable Mobile App Ruling Engine Payment VAT Compliance VAT Refund (smarter mng of expenses) (smart spend card) (AIA) Money is back to card balance 12
Slide 13: The reducing impact of the pandemic on W2V solutions
The reducing As 2022 evolved, travel and expense activity across the W2V For personal use only product suite returned to pre-COVID levels, mirroring impact of the increased business travel. pandemic on Additional revenue streams to fit the post pandemic lifestyle will increase – SmartSpend Card, int
Slide 14: Outlook
Outlook For personal use only ✓ We expect substantial growth in revenue post covid in 2023 ✓ New revenue streams in 2023 from SmartSpend Card ✓ W2V continue to focus on sales, product development and R&D ✓ Possible M&A – to increase enterprise clients ✓ Spain market growth by DevoluIVA, introduction
Slide 15: Thank You
For personal use only THANK YOU 15