Slide 1: Financial Year 2021 Half Year Results
FINANCIAL YEAR 2021 HALF YEAR RESULTS. 25 February 2021 (ASX: ADS)
Slide 2: H1 FY21 Executive Summary
H1 FY21 EXECUTIVE SUMMARY. Consecutive record quarters of trading value and volume on the Adslot Media platform: • Trading fee revenue growth of 83% HoH and 27% vs PCP; • Record trading volumes in European and UK markets; • High engagement with contracted US agencies re scaled trading activity in 20
Slide 3: Revenue Segments
Strategic Revenue REVENUE SEGMENTS. Licence Trading Three main revenue sources: Fee Fee Revenue Revenue 1. Licence Fees generated primarily from Symphony but also from Adslot Media; 2. Trading Fees generated primarily from Adslot Media but also from Symphony; Trading Technology and, Revenue 3. Servi
Slide 4: Two Consecutive Record Quarters for Value of Media Traded on Adslot Media
H1 FY21 – TWO CONSECUTIVE RECORD QUARTERS FOR VALUE OF MEDIA TRADED ON ADSLOT MEDIA. • 2 x consecutive quarters of record trading value and volume on Adslot Media. • $13.26M in media traded during H1 FY21. • Strong growth in trading reflects increased adoption of Adslot Media platform in key markets
Slide 5: Resulting in Improved Trading Fee Revenues
RESULTING IN IMPROVED TRADING FEE REVENUES. +83% HoH CAGR 5% Trading Fees $0.681M +27% vs PCP • Trading Fee revenue grew 83% half-on-half (HOH) and 27% on prior corresponding period (PCP). • 2 x consecutive quarters of record trading value and volume on Adslot platform. • Strong growth in Adslot Med
Slide 6: H1 FY21 – Symphony Licence Fees
H1 FY21 – SYMPHONY LICENCE FEES. On 16 March 2020, the Company announced the removal of 20 external developers and an associated reduction in recurring licence fee revenues of $1.4M in FY2021. On 10 December 2020, the Company announced that it was in negotiation with GroupM regarding a series of mut
Slide 7: H1 FY21 – Symphony Licence Fees
H1 FY21 – SYMPHONY LICENCE FEES. Amendments to the GroupM agreement are in late-stage legal review and terms are not expected to change prior to execution. The H1 FY21 accounts reflect the adoption of the key terms of the amended agreement. The impacts of temporary reductions associated with the ame
Slide 8: Licence Fee Revenue
LICENCE FEE REVENUE. -30% HoH Licence CAGR Fees 2% $2.457M -33% vs PCP • Licence Fees fell 30% half-on-half (HoH) and 33% on prior corresponding period (PCP). • Lower licence-fee revenue due to reductions in fees charged for development resourcing (with associated cost reductions), temporary market
Slide 9: Trading Technology Revenue
TRADING TECHNOLOGY REVENUE. -20% HoH CAGR 3% Trading Technology $3.138M -25% vs PCP • Trading Technology revenue fell by 20% half-on-half (HoH) and 25% on prior corresponding period (PCP) due to lower Licence Fee revenues. • Removal of temporary licence fee reductions from 1January 2021, and new Sym
Slide 10: Services Revenue
SERVICES REVENUE. 18% HoH Services $0.900M -1% vs PCP • Services revenue of $0.900M represents a 18% growth half-on-half (HoH) and a 1% decline on prior corresponding period (PCP). • Services revenue includes statement of works for Adslot Media and Symphony clients as well as the company’s Webfirm s
Slide 11: H1 FY21 Revenue
H1 FY21 REVENUE. Trading Fee Licence Fee Trading Revenue from Group Revenue Revenue Technology Continuing Revenue Revenue Operations $0.681M $2.457M $3.138M $4.043M $5.015M +27% -33% -25% -21% -6% vs PCP Note: For the current period, Group Revenue includes Revenue from Continuing Operations ($4.043M
Slide 12: Reduced Operating Costs, and Improved EBITDA and NPAT
REDUCED OPERATING COSTS, AND IMPROVED EBITDA AND NPAT. Operating Costs EBITDA Loss NPAT Loss $5.923M ($0.913M) ($2.832M) -1% -58% -31% vs PCP
Slide 13: H1 FY21 – Operating Costs Reduced Slightly vs PCP
H1 FY21 – OPERATING COSTS REDUCED SLIGHTLY VS PCP. +3% HoH Operating Costs $5.923M -1% vs PCP • Total Operating costs of $5.923m for the half were 3% higher half on half (HoH), and 1% lower on prior corresponding period (PCP). • Operating Costs are Total Expenses excluding Depreciation and Amortisat
Slide 14: H1 FY21 Improved EBITDA
H1 FY21 IMPROVED EBITDA. -91% HoH EBITDA Loss ($0.913M) -58% vs PCP • H1 FY21 EBITDA Loss of $0.913M was a 91% improvement HoH and a 58% improvement on PCP
Slide 15: H1 FY21 Improved NPAT
H1 FY21 IMPROVED NPAT. -77% HoH NPAT Loss ($2.832M) -31% vs PCP • H1 FY21 NPAT Loss of $2.832M was a 77% improvement HoH and a 31% improvement on PCP
Slide 16: H1 FY21 Cash Receipts and Net Operating Cashflows
H1 FY21 CASH RECEIPTS AND NET OPERATING CASHFLOWS. Net Cash Receipts Operating Cash Cashflows $ 6.216M $7.475M $0.310M -35% +120% -18% vs PCP • Higher net cash operating inflows due to government COVID assistance ($0.9M) and timing of Adslot Media publisher payments during the period. • Decline in c
Slide 17: Strategic Objectives
STRATEGIC OBJECTIVES..
Slide 18: Strategic Objectives 2021
STRATEGIC OBJECTIVES 2021. As previously disclosed, the Company has set itself the following objectives for the 2021 calendar year Adslot Media: • Activate currently contracted agency groups to drive strong growth in trading activity • Secure MSAs and activate remaining agency holding companies • De
Slide 19: Disclaimer
DISCLAIMER. The information contained in this presentation is given in good faith and has been prepared from information believed to be accurate and reliable. The information presented does not take into account your individual financial circumstances and it is not designed to be a substitute for sp
Slide 20: Thank You
THANK YOU. investor.relations@adslot.com