Multitude Ag · XETR:MULT
Multitude — Investor Day (June 2021)
9 slides from Multitude's investor day presentation, Jun 8, 2021
Slide 1: Capital Markets Day: Hitting the Sweet Spot
PUBLIC CAPITAL MARKETS DAY 8TH JUNE 2021 2021 © MULTITUDE. ALL RIGHTS RESERVED. HITTING THE SWEET SPOT BERND EGGER, CHIEF FINANCIAL OFFICER FE-Classification: General\Anyone
Slide 2: Strong performance track record and ready for profitable growth
PUBLIC WE HAVE A STRONG PERFORMANCE TRACK RECORD & ARE READY FOR PROFITABLE GROWTH REVENUE REVENUE GROWTH DYNAMICS: 293 262 222 230 • Steady growth (pre-Covid) y-o-y since inception • Revenue dip during Covid - protecting asset quality (stricter 154 underwriting) and strengthening performance mid-te
Slide 3: High resilience and improved cost structure
PUBLIC WE HAVE DEMONSTRATED HIGH RESILIENCE AND WE HAVE IMPROVED OUR COST STRUCTURE Total OPEX OPERATIONAL EXPENSES REDUCED SIGNIFICANTLY: 114.7 136.1 141.9 114.2 • Key drivers: Focus on core markets, leaner organization, higher 2017 2018 2019 2020 automation levels. • Total operating expenses and p
Slide 4: Scalable funding strategy
PUBLIC WE HAVE IMPLEMENTED A SCALABLE FUNDING STRATEGY MULTITUDE’S FUNDING PRINCIPLES: CASH AND CASH EQUIVALENTS IN GROUP 600.0 100% 91% 86% 86% 90% 83% 82% SCALABILITY: 500.0 70% 74% 80% 65% 67% 70% 63% 62% 64% 382 400.0 60% 53% • Consolidation of European consumer lending under the group's bank 30
Slide 5: Planning to strengthen our equity
PUBLIC WE ARE PLANNING TO STRENGTHEN OUR EQUITY WE ARE ISSUING A NEW EQUITY INSTRUMENT PURPOSE: INCREASE EQUITY BASE TO SUPPORT FUTURE GROWTH (ORGANIC & M&A) OBJECTIVE: • Issue an attractive product to existing and new investors • Structure the product in a way that it qualifies as IFRS equity PRODU
Slide 6: Business unit's dynamics over time
BUSINESS UNIT’S DYNAMICS OVERTIME Business Maturity FERRATUM Time CAPITALBOX SWEEP TODAY FUTURE FE-Classification: General\Anyone
Slide 7: Business unit's dynamics over time
BUSINESS UNIT’S DYNAMICS OVERTIME CAPITALBOX Business Maturity FERRATUM Growth Drivers: • Financial Inclusion. • Continuing trend to online transactions. • Economic post covid boost. • Customer experience over products. Time SWEEP TODAY FUTURE FE-Classification: General\Anyone
Slide 8: The road ahead: financial guidance
PUBLIC THE ROAD AHEAD: FINANCIAL GUIDANCE OUR VIEW ON GROWTH: • We expect revenue back to growth mode in the course of H2 2021 (q-o-q) • 2022 y-o-y growth in all business tribes (adjusted for inactive markets) OUR VIEW ON PROFITABILITY: • Short-term: EUR 20+ Mio EBIT in 2021 • Profitability developm
Slide 9: Thank you
FE-Classification: General\Anyone THANK YOU 2021 © MULTITUDE. ALL RIGHTS RESERVED. PUBLIC