Slide 1: FY21 Financial Results
FY21 Financial Results April 11th, 2022
Slide 2: Disclaimer
Disclaimer By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We”) solely for informational purposes and does not constitute, and should not be constru
Slide 3: Chairman & CEO Sokratis P. Kokkalis comment
INTRALOT Chairman & CEO Sokratis P. Kokkalis, noted: “The successful completion of the Capital Structure optimization in August 2021, resulting in the extension of the 2021 maturities and the significant deleverage by €163m has been a key milestone for INTRALOT, providing us the runway to address si
Slide 4: Revenue Overview
Revenue Overview 61.1 (14.8%) RoW 32.1% B2C 215.1 (52.0%) Americas FY21 FY21 Revenue per Revenue per Activity Line 137.8 (33.3%) Geographical Region 67.9% B2B/B2G (%) Europe (in €) €414.0m €414.0m 9.1% 12.0% VLTs IT Products & Services 17.2% Sports Betting FY21 Revenue per Game Type 0.5% (%) Racing
Slide 5: Licensed Operations - Revenue Evolution
Licensed Operations - Revenue Evolution1 in € million Q4 Licensed Operations 12M 32% 133.1 15.4 133.1 FY21 5.4 Revenues per 17.9 10.0 Technology Contract Type 1.9 233.5 (€m, %) 56% 16.0 99.8 47.5 11% Game Management FY20 Malta Argentina FY21 Licensed Operations 29% Revenue Evolution Drivers: 99.8 •
Slide 6: Technology Contracts - Revenue Evolution
Technology Contracts - Revenue Evolution1 in € million Q4 Licensed Operations 12M 32% 133.1 2.7 FY21 16.6 4.5 4.5 233.5 1.7 1.0 -6.3 Revenues per 3.0 1.5 Technology Contract Type -1.8 233.5 (€m, %) 21.5 56% 211.5 47.5 -4.8 11% Game Management FY20 United States Australia Croatia Other FY21 Licensed
Slide 7: Game Management Contracts - Revenue Evolution
Game Management Contracts - Revenue Evolution1 in € million Q4 Licensed Operations 12M 32% 3.3 47.5 133.1 0.0 FY21 3.9 3.3 Revenues per 0.2 Technology Contract Type 6.6 3.7 233.5 (€m, %) 56% 47.5 6.8 11% 33.6 Game Management -0.1 FY20 Turkey Morocco United States FY21 Licensed Operations 29% Revenue
Slide 8: Consolidated Financial Statements for FY21
Consolidated Financial Statements for FY21 (in € million) FY21 FY20 % Change 4Q21 4Q20 % Change Revenue (Turnover) 414,0 344,9 20,0% 111,2 101,5 9,5% Technology, Management & Rest Contracts 285,7 246,3 16,0% 74,6 71,0 5,1% Licensed Operations (Payout related) 128,3 98,6 30,1% 36,6 30,6 19,9% Payout
Slide 9: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES1 EBITDA AND EBITDA MARGIN1 €m 20.0% €m, % 414 26.7% EBITDA Margin 345 on Sales 19.2% +66.9% 110 66 EBITDA 2020 2021 2020 2021 OPERATING CASH FLOW2 AND NET CAPEX NET DEBT3 AND NET DEBT / EBITDA4 €m Operating CF €m, # 108 9.8x Net Debt/ EBITDA Net CAPEX 4.5x
Slide 10: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 FY21 Key Revenue Contributors FY21 Key EBITDA Contributors (in €m) (in €m) North America2 152.3 North America2 74.6 Europe3 145.3 Europe3 33.6 South America 60.9 South America 15.4 Oceania 18.9 Oceania 12.6 RoW4 21.5 RoW4 6.9 1. Segment Revenue and EBITDA figures
Slide 11: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS April 2022 | Public | p. 11
Slide 12: FY21 – Group Income Statement
FY21 – Group Income Statement (in € million) FY21 FY20 % Change Revenue 414.0 344.9 20.0% Gross Profit 119.4 73.2 63.2% Other Operating Income 21.6 17.4 23.8% OPEX (101.6) (92.4) 10.0% EBITDA 110.4 66.2 66.9% Margin 26.7% 19.2% + 7.5pps Capital Structure Optimization expenses (17.2) (6.8) - D&A (71.
Slide 13: FY21 – Group Statement Of Financial Position
FY21 – Group Statement Of Financial Position (in € million) FY21 FY20 Tangible Assets 123.2 134.3 Intangible Assets 204.3 202.0 Other Non-current Assets 21.7 19.2 Inventories 18.7 25.7 Trade and Other Short-term Receivables 130.2 151.4 Cash and Cash Equivalents 107.3 100.0 Assets Held for Sale 0.0 1
Slide 14: FY21 – Group Cash Flow
FY21 – Group Cash Flow (in € million) FY21 FY20 EBT from continuing operations 37.1 (91.9) EBT from discontinued operations (7.9) (3.5) Plus/less Adjustments 86.9 162.5 Decrease/(increase) of Inventories (2.4) 7.2 Decrease/(increase) of Receivable Accounts 23.2 (19.2) (Decrease)/increase of Payable
Slide 15: intralot
intralot