Moneyme Ltd. · ASX:MME
Moneyme — Investor Presentation (October 2022)
13 slides from Moneyme's investor presentation, Oct 11, 2022
Slide 1: 1Q23 Trading Update
11 October 2022 ASX Announcement 1Q23 TRADING UPDATE MONEYME Executes Shift to Focus on Statutory Profit MONEYME Limited (“MONEYME” or “Group”) today announced its first quarter results for the period ending 30 September 2022, with strong execution of its profitability strategy driving gross revenue
Slide 2: Executing through the cycle to deliver on profitability
While the macroeconomic outlook continues to be challenged, I believe we are uniquely positioned to deliver innovation while achieving our strategic initiative of generating statutory profit. Our result in Q1 is a strong first step toward this evolving strategy and is setting the business up well fo
Slide 3: Increased credit quality of the portfolio
quarter, while a recalibrated acquisition strategy will leverage the low-cost acquisition opportunity in offering MONEYME’s product range to ~200,000 SocietyOne customers. Increased credit quality of the portfolio The Equifax profile of the book increased to 711 (704, 4Q22) as the Group continues to
Slide 4: Cybersecurity
Cybersecurity In light of recent events and heightened cybercrime activity, the Group remains vigilant to protect customers from identity theft and malicious cyberattacks. MONEYME utilises leading cybersecurity methods and systems, continuous systems vulnerability checks and comprehensive end point
Slide 5: 1Q23 Investor Presentation
1Q23 Investor Presentation Page 1 | MONEYME
Slide 6: Calibrating to a higher interest rate environment
Calibrating to a higher interest rate environment Interest rate calibration timeline MONEYME’s technology-driven agility has allowed the business to promptly adjust its RBA rate changes Change: Change: Change: Change: Change: Change: +0.25% +0.50% +0.50% +0.50% +0.50% +0.25% pricing to protect yield
Slide 7: Increased credit quality of the portfolio
Increased credit quality of the portfolio Gross customer receivables ($m) vs. Secured asset % Equifax cohort % of loan book for each quarter MONEYME continues to focus on originating higher credit quality loan assets and 1,345 13% 16% 1,278 21% 24% 26% increasing the credit profile of its loan book:
Slide 8: Gross revenue on track for >$200m in FY23
Gross revenue on track for >$200m in FY23 As announced at the end of FY22, MONEYME has shifted focus to prioritise generating Gross revenue vs. Contracted revenue statutory returns following a year of consistently high growth. MONEYME’s tech-enabled agility and ability to transition quickly between
Slide 9: Technology innovation driving further efficiencies
Technology innovation driving further efficiencies Optimising operational efficiencies remains a key priority as MONEYME Core office operating expenses as % of average gross customer leverages scale advantages and recent technological advancements, including: receivables • The latest release of MONE
Slide 10: Provisioning & losses
Provisioning & losses Gross customer receivables and provision balances by impairment stage1 (as at 30 June 2022) Credit outcomes remain within expectation and risk appetite at the Group level with net Stage 1 Stage 2 Stage 3 Total credit losses of 5% for 1Q23 (4%, 4Q22): Gross customer receivables
Slide 11: What you can expect from us in FY23
What you can expect from us in FY23: Quick calibration Loan book shift Improvement in of our business Continued towards higher cost to income ratio strategy to the innovation for Equifax profile to driven by tech- higher interest rate Autopay build defence enabled efficiencies environment against cr
Slide 12: Important notices & disclaimers
Important notices & disclaimers The information contained in this presentation has been prepared by MONEYME Limited (MONEYME or Company) in connection with the 1Q23 ASX Such risks and uncertainties include, but are not limited to: the acquisition and retention of customers, commercialisation, techno
Slide 13: moneyme.com.au
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