Tyro Payments Ltd. · ASX:TYR
Tyro Payments — Shareholder Meeting (October 2019)
19 slides from Tyro Payments's shareholder meeting presentation, Oct 15, 2019
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 15 OCTOBER 2019 Tyro Payments Limited ABN 49 103 575 042
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements that involve risks, uncertainties, and assumptions. If any such risks or uncertainties materialise or if any of the assumptions prove incorrect, Tyro Payments Limited’s (Tyro) products, services, features, performance and results (i
Slide 3: Welcome
Welcome Kerry Roxburgh Chairman 3
Slide 4: The Future for Tyro
CHAIRMAN’S ADDRESS The Future for Tyro “...We find ourselves at a very exciting point in Tyro’s evolution. As you know we have been investigating the possibility of moving from our current non-listed public company structure, to an ASX listing. This follows an extensive five-year business planning p
Slide 5: The Year in a Snapshot
CHAIRMAN’S ADDRESS The Year in a Snapshot 31% 28% 108% 133% Increase in transaction Increase in Revenue in Increase in Loan Increase in Deposit value in FY19 FY19 Originations in FY19 Balances in FY19 Transaction Value Total Revenue Loan Originations Merchant Deposits ($ billion) ($ million) ($’000)
Slide 6: Outstanding Team
Outstanding Team PLACEHOLDER [Insert images of team members in action here] 6
Slide 7: CEO's Address
CEO’s Address Robbie Cooke CEO 7
Slide 8: Capturing market share as a payments disruptor
CEO’S ADDRESS Capturing market share as a payments disruptor Perfectly placed to EFTPOS Terminals # Terminals in ‘000s at 30 June 2018 take on the big guys 266 164 151 At 30 June 2019, Tyro had 138 51k terminals in market – 125 27% growth on FY18 51 39 24 11 4 40 n/m Other Non- banks banks4 CAGR ‘14
Slide 9: Significant + growing total addressable market
CEO’S ADDRESS Significant + growing total addressable market Annual transaction value of card payments acquired in ~2.7% $651b Australia, as at 30 June 2019, market share 7.5% 2014-2019 CAGR ($ billion) $17.5b Source: Reserve Bank of Australia C1.1 (Credit and Charge Cards – Original Series – Aggreg
Slide 10: A tech company providing payments and business banking
A tech company providing payments and business banking - taking on the big guys! 10
Slide 11: Setting businesses free to get on with business
Setting businesses free to get on with business by simplifying payments + banking solutions 11
Slide 12: An innovative, customer-centric business with payments at its core
Tyro sh Community nc t Ca n Ad rcha e va Me ot In- rd Nent ap a es p Ot rodu r C es /P Sim Typ P he le p r N ts tip le ew c Mul Fe An innovative, a PAYMENTS tur Fa c i l i t a c u re in g Fa s t Pa y m tio n es cu rr Se customer-centric en Re s t osit R e li a b l e ep business with D C a rd nd P re
Slide 13: Delivered strong, high growth financial outcomes
CEO’S ADDRESS Delivered strong, high growth financial outcomes FY19p31% FY19p25% FY19p28% FY19p21% Transaction Value1 Merchants2 Revenue3 Gross Profit4 (CAGR %, $ billion) (CAGR %, #) (CAGR %, $ million) (CAGR %, $ million) FY14 - FY19 CAGR +27% FY14 - FY19 CAGR +23% FY14 - FY19 CAGR +29% FY14 - FY1
Slide 14: History of Innovation + Purpose Built Solutions
CEO’S ADDRESS History of Innovation + A TRACK RECORD OF Purpose Built Solutions DELIVERING MANY INDUSTRY ‘FIRSTS’ Payments Deposits Loans • A record 12 months with • Fee-free interest • Cash-flow based $17.5 billion transacted, up bearing account unsecured merchant cash 31% on prior comparative • 2,
Slide 15: The Year in a Snapshot
CEO’S ADDRESS The Year in a Snapshot eCommerce Alipay Tap & Save Single payment solution to First Australian bank to offer a First Australian bank to merchants who also operate seamless, all in one EFTPOS launch least cost routing an online sales channel solution with Alipay, the - contactless debit
Slide 16: Q1 FY20 Trading Performance
CEO’S ADDRESS Q1 FY20 Trading Performance1 Merchants - p 24% to 30,875 (Q1 FY19: 24,834) Transaction value - p 30% to $5.1 billion (Q1 FY19: $3.9 billion) Revenue - p 29% to $54.8 million (Q1 FY19: $42.4 million) Loans - p 113% Originations $17.9 million (Q1 FY19: $8.4 million) Deposits - p 89% Bala
Slide 17: FY20 Guidance
CEO’S ADDRESS FY20 Guidance Merchants - p more than 36,000 Merchants (FY19: 29,031) Transaction value - p in the range of $22.5 billion representing a ~29% increase (FY19: $17.5 billion) Revenue - p in the range of $240 million representing a ~27% increase (FY19: $189.8 million) Gross Profit - p in
Slide 18: Multiple avenues for long term growth
CEO’S ADDRESS Multiple avenues for long term growth Grow merchant Enter new share in existing payment verticals payment verticals Cross-sell lending Drive expansion into and other value- eCommerce + other added services payment types M&A and Develop API strategic platform – partnerships Tyro Connect
Slide 19: Tyro Payments Limited
Tyro Payments Limited www.tyro.com ABN 49 103 575 042 1/155 Clarence Street Sydney, NSW, 2000 Australia