One Media Ip Group Plc · LSE:OMIP
One Media Ip — Investor Presentation (September 2020)
19 slides from One Media Ip's investor presentation, September 2020
Slide 1: One Media Investor Presentation
One Media Investor Presentation September 2020
Slide 2: The Board
The Board CEO and Founder: Michael Infante • +30 years in the music industry • Executive Producer for Royal Philharmonic Orchestra’s largest Non-Executive Chair: Claire Blunt recording project for over 140 classical albums • Co-founded Air Music & Media Group Plc (now MBL Plc) in 1995 • Currently th
Slide 3: Company Overview
Company Overview +£10m Invested in catalogue +200k 167 +200 Catalogues and labels, Music tracks in its library Global territories acquisitions to date owned and/or represented • One Media iP is the Group’s core business and specialises in purchasing and monetising intellectual property rights with p
Slide 4: H1 2020 Financial Highlights
H1 2020 Financial Highlights REVENUE OPERATING PROFIT EBITDA +28% +98% +93% Revenue increased by 28% to Operating profit increased 98% to EBITDA increased 93% to £2,032,598 (H1 2019: £1,585,687) £563,257 (H1 2019: £284,360) £757,678 (H1 2019: £392,192) H1 Revenue £m H1 Operating Profit £m H1 EBITDA
Slide 5: The Market
The Market 8.2% Global recorded music US$20.2bnTotal global music revenues for 22.9% US$11.4bn Streaming revenue Overall streaming revenues (paid for and ad- market growth in 2019 2019 growth in 2019 supported) forecasted to grow to $37.2bn by 2030. Global recorded music industry revenues 2001-2019
Slide 6: Strategy
Strategy Grow Leverage Capitalise on Consolidate and catalogue existing content global growth strengthen Targeted acquisitions of Maximise the value of Capitalise on the predicted Consolidate OMiP’s position intellectual copyright OMiP’s current portfolio by global music growth by in a growing and h
Slide 7: Music Monetisation
Music Monetisation RIGHTS HOLDERS THE WRITER THE PERFORMER THE RECORD LABEL • The creator of the composition, writing the • Entitled to a royalty paid subject to the • A collective of music recordings performed lyrics and/or composing the tune to form a contract with their record label and, by vario
Slide 8: One Media iP – Core Business
One Media iP – Core Business • Acquisition and full monetisation of music intellectual property (IP) rights • Acquisition of the master rights, publishing rights and the writer’s share of income of evergreen content with recurring income streams and strong growth potential • Optimisation of content
Slide 9: Harmony IP – Unlocking future earnings today
Harmony IP – Unlocking future earnings today • IP equity release programme • Harmony IP would typically acquire 10-30% of the equity on agreed multiples, leaving the rights owner with a majority ownership whilst sharing in any future uplift • Targeting composer’s rights which typically extend to 70
Slide 10: Harmony IP – Market
Harmony IP – Market MARKET OVERVIEW Royalties are generated • Income from composition and performance rights from music sales and monetised in several • A typical track enjoys initial success and 5 to 7 years after its peak falls into ‘regular income model’ ways: • After 10 years this income is usua
Slide 11: Harmony IP - Opportunity
Harmony IP - Opportunity • Initially 10 artist deals will be sought Opportunity • Deal size will vary between £180,000 (low end) to £400,000 (medium) and £1m (high end) • Currently in discussions with c.15 targets EXAMPLE TRANSACTION • Artist (A) has an annual income of £150,000p.a. Annual Industry
Slide 12: TCAT – Tackling Music Piracy
TCAT – Tackling Music Piracy • The Technical Copyright Analysis Tool (“TCAT”), developed by OMiP in 2015, polices the Company’s own music catalogue of tracks • 38% of global music listeners acquire music through illegal means - potentially a $7bn issue • Detects copyright infringement within legitim
Slide 13: Competitive Landscape
Competitive Landscape • Approx. 1.75 million members of associations for songwriters, composers and music publishers • Own single tracks and/or a small collection of tracks - smaller scale than One Media Small Record Labels • Rely on One Media to compile their tracks within playlists and get them di
Slide 14: Outlook
Outlook • Strong market fundamentals with streaming driving growth in the sector • Expanded catalogue following recent acquisitions expected to drive growth of recurring income • Scalable business model will enable the Group to expand its geographical footprint and exploit its product offerings (TCA
Slide 15: Appendices
Appendices September 2020 15 | One Media iP Group Plc
Slide 16: Financial Performance
Financial Performance H1 2020 H1 2019 FY 2019 Revenue £2,032,598 £1,585,687 £3,508,891 Gross profit £999,848 £742,510 £1,752,427 Gross margin 49% 47% 50% Administration costs £436,591 £458,150 £873,513 Operating profit £563,257 £284,360 £878,914 EBITDA £757,678 £392,192 £1,076,724 Finance costs £90,
Slide 17: Balance Sheet
Balance Sheet H1 2020 H1 2019 FY 2019 Intangible assets £8,788,257 £4,684,070 £8,900,413 Fixed assets £4,166 £11,844 £7,647 Trade and other receivables £1,095,899 £804,944 £1,000,595 Cash and cash equivalents £1,076,134 £5,184,301 £860,611 Total assets £10,964,856 £10,685,159 £10,769,266 Trade and o
Slide 18: Cash Flow Statement
Cash Flow Statement H1 2020 H1 2019 FY 2019 Net cash inflow (outflow) from operating activities £324,163 £1,106,439 £1,146,934 Investment in intellectual property rights and TCAT £133,154 £1,461,080 £5,881,529 Investment in property, plant and equipment - £3,201 £3,310 Finance income £8 £76 £8 Net c
Slide 19: Disclaimer
Disclaimer These slides (the “Presentation”) have been prepared by One Media iP plc (the “Company”) for information purposes only in relation to the proposed placing ("Placing") to be made by the Company of ordinary shares in the capital of the Company (the "Placing Shares"). By attending this Prese
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