Slide 1: Kambi Group plc Q3 report 2017
Kambi Group plc Q3 report 2017
Slide 2: Agenda
Agenda 1. Kambi overview & highlights 5. Kambi initiatives 2. Financial update 6. Summary 3. Customer signings 7. Q&A 4. Customer extensions and launches 2 Q2 Report 2017 – CEO Kristian Nylén & CFO David Kenyon
Slide 3: Kambi overview
Turnkey sports betting service Kambi overview 602 Employees 3 Q3 Report 2017 across six offices CEO Kristian Nylén & CFO David Kenyon
Slide 4: Highlights and key events
Highlights and key events − Continued strong performance with operator 7.5 turnover growth of 16% and a high trading margin of 7.5% − New customer agreement signed with Bulgaria’s National Lottery AD, 7777.bg and extended contracts with Paf and LeoVegas Trading margin % − New customer launches for G
Slide 5: Financial headlines
Financial headlines Revenue (€m) Operating Profit (€m) Net cash (€m) 16 3.5 26 3 25 2.5 14 24 2 23 1.5 12 22 1 0.5 21 10 0 20 Q3 2017 Q3 2016 5 Q3 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 6: Operator trading analysis
Operator trading analysis Kambi’s operators' turnover & trading margin Operator Turnover and Margin 300 281 10.0% ― Operator turnover increased by 277 275 9.0% 254 16% compared to Q3 2016 250 239 242 8.0% 221 219 225 203 7.0% ― Typical seasonal turnover trend 200 6.0% 175 163 160 5.0% ― Q3 trading m
Slide 7: Growth in operator turnover and Kambi revenue
Growth in operator turnover and Kambi revenue Q3 2017 vs Q3 2016 Operator Turnover & Kambi Revenue Growth Q3 2017 vs Q3 2016 20% 15% 10% 5% 0% -5% FX impact Operator Turnover Operator margin Taxes/marketing Other* 888 impact Kambi Revenue Growth impact deductibles impact Growth *Other includes the i
Slide 8: Income statement
Income statement €m Q3 2017 Q3 2016 Jan-Sep 2017 Jan-Sep 2016 Revenue 14.8 14.8 43.1 41.7 Operating 13.7 11.7 40.4 34.7 expenses Operating result 1.1 3.1 2.7 7.0 Result after tax 0.8 2.7 2.0 6.3 8 Q3 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 9: Cash flow
Cash flow € ‘000 35,000 34,000 33,000 32,000 31,000 30,000 Opening cash Operating profit Working capital Amortisation/Depn Development costs Tangible assets Other Closing cash 9 Q3 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 10: Kambi signed a multi-year contract with National Lottery AD
Kambi signed a multi-year contract with National Lottery AD ― Bulgaria’s largest privately held gaming operator ― Kambi to provide its premium sports betting service to the 7777.bg brand ― Expected to launch in Q4 2017 ― National Lottery AD has a customer base in excess of two million 10 Q3 Report 2
Slide 11: Kambi extends contracts with LeoVegas and Paf
Kambi extends contracts with LeoVegas and Paf ― Kambi extends contracts with LeoVegas and Paf ― Both operators will continue to leverage Kambi’s operator empowerment capabilities ― Three key customers have re-signed in the last two quarters showing the stability and strength of the Kambi Sportsbook
Slide 12: New customer launches
New customer launches − Televisa launched its PlayCity online Sportsbook in the Greentube Mexican market Mexico − Corredor Empresarial set to unveil its Kambi-powered BetPlay brand to the Colombia Colombian market − Kambi’s exposure to Latin America expanded − Greentube launched in Italy and Romania
Slide 13: Kambi initiatives
Kambi initiatives Kambi’s Distinctive Capability − Kambi’s distinct capability is its unique capacity to build a scalable and high- performing Sportsbook core − This empowers Kambi customers to differentiate their product to meet their own individual strategies − This approach allows Kambi to future
Slide 14: EGR Power 50 2017
EGR Power 50 2017 ― EGR published its Power 50 rankings, a list comprising the biggest and most influential online gaming operators ― Six Kambi operators are ranked in the top 40, with two in the top ten ― This is recognition of Kambi’s Sportsbook quality service and operator performance. 14 Q3 Repo
Slide 15: Summary
Summary Revenues on a par with Continuing to secure Confident Kambi is well last year’s quarter, existing revenue base with positioned for long-term despite tough another two key operator revenue growth comparatives extensions 15 Q3 Report 2017 CEO Kristian Nylén & CFO David Kenyon
Slide 16: Q&A
Q&A 16 Q2 Report 2017 – CEO Kristian Nylén & CFO David Kenyon
Slide 17: Thank you
Thank you 17