Slide 1: REA Group Investor & Analyst Presentation, half-year ended 31 December 2013
For personal use only REA GROUP LIMITED INVESTOR & ANALYST PRESENTATION For the half-year ended 31 December 2013 4 February 2014 Greg Ellis - Managing Director and Chief Executive Officer Paul Burrows - Group Financial Controller
Slide 2: Our Purpose
For personal use only OUR PURPOSE 2
Slide 3: Group performance overview
Group performance overview For personal use only AU$ million HY 2014 HY 2013 Growth Revenue 209.4 161.4 30% EBITDA (1) 106.8 77.2 38% • Revenue growth of 30% EBITDA margin 51% 48% 6% EBIT 96.3 68.2 41% • EBITDA growth of 38% has resulted EBIT margin 46% 42% 10% in further margin growth NPAT 70.7 51.
Slide 4: Growth record continues
Growth record continues For personal use only % Group revenue by country Group revenue, EBITDA and margin growth Hong Kong, 1% 250 Revenue ($m) GLR, 3% EBITDA ($m) 50% HY 2014 % EBITDA margin Total revenue: Italy, 6% 200 209.4 209.4m 40% 150 161.4 Australia, 30% 90% 134.6 114.3 100 106.8 20% 91.9 77
Slide 5: 2014 developments
2014 developments For personal use only 1Form.com – Australian acquisition • Online rental application service which allows customers to manage and store their rental application details in one simple customisable form • Supports our strategy to help people connect to the practical services they nee
Slide 6: Australian growth by line of business
Australian growth by line of business Australian revenue by For personal use only +30% 200 line of business ($m) Australian revenue by 188.1 line of business (%) 150 +34% 144.8 50.3 118.4 27% Residential 100 HY 2014 88.4 Total revenue: Commercial 188.1 +24% 19.4 118.4 50 10% 63% Media & Developer 50
Slide 7: Australian key metrics
Australian key metrics For personal use only Average monthly ARPA ($) Average monthly visits ('000) EBITDA ($m) +29% +37% +44% 3,000 45,000 120.0 100.0 111.8 39,673 2,490 2,000 30,000 80.0 1,924 28,864 77.5 60.0 1,000 15,000 40.0 20.0 - - - HY 2013 HY 2014 HY 2013 HY 2014 HY 2013 HY 2014 • Australia
Slide 8: Australian visits by platform
Australian visits by platform For personal use only Average monthly visits by platform • App visits grew 112% 22.5 57% • Mobile site visits grew 44% 19.4 67% • Increased mobile visits achieved without 4.2 HY 2013 Main site 6.1 HY 2014 substitution of main site visits Monthly visits: Apps Monthly vis
Slide 9: Nationwide facts and figures support our No. 1 position
Nationwide facts and figures support our No. 1 position For personal use only Australian main sites (average monthly number of times a person interacts or returns to the site having left for more than 30 mins). realestate.com.au mobile site (average monthly number of times a person interacts or retu
Slide 10: Italy
Italy For personal use only Revenue by advertising category Average monthly unique audience ('000) Categories (€'m) HY 2014 HY 2013 Growth 3,000 Subscription revenue 8.0 7.7 5% 1.4x Listing depth revenue 0.9 0.6 47% 2,633 Media display & other 1.0 1.4 (29%) 2,000 Total revenue 9.9 9.7 2% 1,928 EBITD
Slide 11: Luxembourg and Hong Kong
Luxembourg and Hong Kong For personal use only Greater Luxembourg Region performance Hong Kong performance Metrics HY 2014 HY 2013 Growth Metrics HY 2014 HY 2013 Growth Total revenue (€m) 3.9 3.1 25% Total revenue (HK$ m) 8.6 7.5 15% EBITDA (€m) 1.7 1.2 46% EBITDA (HK$ m) (3.0) (0.7) (329%) Average
Slide 12: Five year financial comparative
Five year financial comparative For personal use only Financial comparatives (#039;000) HY 2010 HY 2011 HY 2012 HY 2013 HY 2014 Growth Revenues from continuing operations 91,867 114,341 134,618 161,427 209,422 30% Operating expenses (54,308) (66,447) (75,052) (84,181) (102,623) 22% EBITDA 37,559 47,894
Slide 13: Performance by Country
Performance by Country For personal use only Performance (#039;000 AUD) HY 2014 HY 2013 Growth Revenue Australia 188,122 144,747 30% Italy (1) 14,465 11,890 22% Luxembourg (1) 5,720 3,860 48% Hong Kong 1,115 930 20% Total 209,422 161,427 30% EBITDA Australia 111,792 77,480 44% Italy 150 1,362 (89%) Lux
Slide 14: FY2014 awards & achievements
FY2014 awards & achievements For personal use only Employer Award in the 2013 Top 200 Best Under A Billion Women in Media Awards 88% Our Australian employee engagement score puts REA in Legal Team of the Year Small the top 5% of companies surveyed (1) 2.8m + IOS and Android 31,000 + app downloads (2
Slide 15: Thank you / Line of business transformation
For personal use only REA GROUP LINE O F BUSINESS THANK YOU TRANSFORMATION GREG ELLIS, CEO AND MANAGING DIRECTOR MONDAY 22 APRIL, 2013 Disclaimer: The material herein is a presentation of non-specific background information about the Company’s current activities. It is information given in summary f