Pointsbet Holdings Ltd. · ASX:PBH
Pointsbet — Investor Presentation (October 2022)
20 slides from Pointsbet's investor presentation, Oct 25, 2022
Slide 1: Q1 FY23 Quarterly Activities Report
Q1 FY23 QUARTERLY ACTIVITIES REPORT Investor Presentation October 2022 N B C U N I V E R S A L M E D I A P A R T N E R S H I P & F Y 2 0 R E S U L T S P R E S E N T A T I O N │ A U G U S T 2 0 2 0 1
Slide 2: Important Notice and Disclaimer
Q1 FY23 QUARTERLY IMPORTANT NOTICE AND DISCLAIMER This document and any oral presentation accompanying it has been Therefore, there can be no assurance that such forecasts, forward Disclosures in this document, the accompanying presentation or any prepared in good faith, however, no express or impli
Slide 3: Key Highlights Q1 FY23
Q1 FY23 QUARTERLY KEY HIGHLIGHTS Q1 FY23 8th SEPT 2022 LAUNCHED 18th OCT 2022 12TH JULY 2022 17TH AUGUST 2022 ONLINE POINTSBET RANKS STREAMING ORDINARY SHARES APPROVED FOR SPORTS 22nd SEPT 2022 THIRD IN EILERS & PARTNERSHIP WITH ELIGIBILITY BY THE DEPOSITORY BETTING LAUNCHED ONLINE SPORTS KREJCIK’S
Slide 4: Group Trading Metrics
Q1 FY23 QUARTERLY Q1 FY23 GROUP TRADING METRICS All figures in A$ Q1 FY22 Q1 FY23 PCP Turnover / Handle $979.9m $1156.7m +18% Gross Win Margin % 11.9% 10.0% (2.0pp) SPORTS BETTING Gross Win $117.1m $115.1m (2%) Net Win Margin % 6.9% 6.1% (0.8pp) Net Win $67.3m $70.3m +4% iGAMING Net Win $2.2m $8.5m
Slide 5: Highlights: US Q1 FY23
Q1 FY23 QUARTERLY HIGHLIGHTS: US1 Q1 FY23 NET WIN PERFORMANCE All figures in A$ Q1 FY22 Q1 FY23 PCP QoQ Sports Betting Net Win +78% vs PCP Turnover / Handle $348.6m $523.8m +50% (24%) iGaming Net Win +229% vs PCP Gross Win Margin % 8.4% 7.7% (0.6pp) +1.6pp Total Net Win +101% vs PCP SPORTS Promotion
Slide 6: Our United States Target Segment – The 'Super User'
Q1 FY23 QUARTERLY OUR UNITED STATES TARGET SEGMENT – THE ‘SUPER USER’ • These are highly engaged users who bet on average three days per week • They require a personalised level of service and we believe that they are underserviced in the US market. • They love to bet on live events – double that of
Slide 7: Lead On Live Betting (In-Play) Highlights
Q1 FY23 QUARTERLY LEAD ON LIVE BETTING (IN-PLAY) HIGHLIGHTS Continued product expansion • MLB completes 4 of the 6 major US sports priced inhouse within OddsFactory Odds Factory delivers unmatched complex computing capability • At peak loads across 240+ concurrent matches, Odds Factory will produce
Slide 8: PointsBet Ranks Third In Eilers & Krejcik's App-By-App Testing
Q1 FY23 QUARTERLY POINTSBET RANKS THIRD IN EILERS & KREJCIK’S APP-BY-APP TESTING OVERALL APP 100% OWNED RANK TECH STACK? Overall Rank 1 3rd/40 SPORTSBOOKS 2 UNLIKE 3 / 40 MANY OF ITS PEERS, POINTSBET METHODOLOGY 1 4 OWNS AND Eilers & Krejcik, an independent US research firm, tested 40 US CONTROLS sp
Slide 9: PointsBet+ & App Native Content
Q1 FY23 QUARTERLY POINTSBET+ & APP NATIVE CONTENT First-of-its-kind content functionality debuted within the US Sportsbook App PointsBet uses new shows, like 'The Straight Line with Ryan Leaf’, to create VOD content for the app • Shows are produced to create 20-25 clips per day that speak to individ
Slide 10: Highlights: Australia Q1 FY23
Q1 FY23 QUARTERLY HIGHLIGHTS: AUSTRALIA Q1 FY23 BUSINESS UPDATE All figures in A$ Q1 FY22 Q1 FY23 PCP QoQ • Sports turnover grew vs the PCP, offset by declines in racing turnover Turnover / Handle $631.4m $611.9m (3%) +2% vs the PCP • PCP racing turnover was positively impacted by Q1 FY22 lockdowns
Slide 11: Highlights: Canada Q1 FY23
Q1 FY23 QUARTERLY HIGHLIGHTS: CANADA1 Q1 FY23 All figures in A$ Q1 FY23 QoQ BUSINESS UPDATE • Sequential quarter-over-quarter improvements across all KPIs Turnover / Handle $20.9m +31% • Live betting represented 59% of total sportsbook handle in Q1 FY23 Gross Win Margin % 7.6% +3.4pp SPORTS BETTING
Slide 12: Summary Of Quarterly Cash Flows
Q1 FY23 QUARTERLY SUMMARY OF QUARTERLY CASH FLOWS A$412.0m All amounts in A$m1 Q1 FY23 Receipts from customers 81.6 Cost of sales (40.9) Sales and marketing (54.7) Staff costs (27.6) TOTAL CORPORATE CASH STAFF COSTS CASH PAYMENTS Administration, corporate costs and GST paid on Net Win (17.2) AND CAS
Slide 13: Q&A
Q&A
Slide 14: Appendix
L / Appendix 1
Slide 15: Related Party Transactions As Per ASX Listing Rule 4.7C.3 - $1.4M
Q1 FY23 QUARTERLY RELATED PARTY TRANSACTIONS AS PER ASX LISTING RULE 4.7C.3 - $1.4M • Payments of $0.8m for Salaries and Wages (inclusive of Superannuation and applicable taxes withheld) of Key Management Personnel and of Executive Directors and Non-Executive Directors Fees. • Payments of $0.6m to A
Slide 16: Appendix 4C Quarterly Cash Flow Report
Rule 4.7B Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Name of entity PointsBet Holdings Limited ABN Quarter ended (“current quarter”) 68 621 179 351 30 September 2022 Consolidated statement of cash flows Current quarter Year to date (3 $A’000 months) $A’000 1. Ca
Slide 17: Consolidated Statement Of Cash Flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (3 $A’000 months) $A’000 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) businesses (net of cash acquired) -
Slide 18: Net Increase / (Decrease) In Cash And Cash Equivalents
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (3 $A’000 months) $A’000 3.9 Other (provide details if material) Principal (1,247) (1,247) repayment of Lease Liability 3.10 Net cash from / (used in) fi
Slide 19: Appendix 4C Financing Facilities
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B 7. Financing facilities Total facility Amount drawn at Note: the term “facility’ includes all forms of financing amount at quarter quarter end arrangements available to the entity. end $A’000 Add notes as necessary for
Slide 20: Appendix 4C Compliance Statement
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. 2
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