Quantum FinTech Acquisition Corporation
Quantum FinTech Acquisition — FY2022 Earnings Presentation
21 slides from Quantum FinTech Acquisition's earnings presentation, Apr 27, 2022
Slide 1: Financial Results for Fiscal Year Ending March 31, 2022
Financial Results for Fiscal Year Ending March 31, 2022 April 27, 2022 Monex Group TSE Prime : 8698
Slide 2: Increase Enterprise Value of Subsidiaries
Increase Enterprise Value of Subsidiaries Monex Group leveraged its diverse management resources to help TradeStation and Coincheck grow significantly. Comparison Valuation *1 # of customer accounts Customer assets Revenues *2 Joined Monex Group in Jun. 2011 FYE 3/31/2012 FYE 3/31/2022 At the time o
Slide 3: Growth Strategy of TradeStation (US Segment)
Growth Strategy of TradeStation (US Segment) TradeStation Group aims to list on the New York Stock Exchange in 2022 to raise capital for its growth strategy of capturing the growing retail investor market in the U.S. [Summary] *3 - After the merger between TSG Merger Sub and a NYSE - listed SPAC, Qu
Slide 4: Group Strategy
Group Strategy Decisive upfront investment for long - term business expansion and execution of growth strategies at each major subsidiary US Segment Announced NYSE listing plan with De - SPAC transaction Raised capital to promote account acquisition 3
Slide 5: Growth Strategy of TradeStation (US Segment)
Growth Strategy of TradeStation (US Segment) 4 （ $B ） TradeStation continues to focus on marketing and product enhancements to aim to grow total customer accounts and total customer assets. FYE Mar.31, 2022 FYE Mar.31, 2021 FYE Mar.31, 2020 FYE Mar.31, 2019 *1 Total Customer Accounts at March 31, 20
Slide 6: Highlights FYE Mar. 2022 (12 months)
Highlights FYE Mar. 2022 (12 months) 5 Aggressive marketing investments were made, spending \ 6.5B on advertising to acquire new accounts. Segment loss was \ 5.6B . Japan US Crypto Asset Asia Pacific Investment
Slide 7: YoY Comparison (12 months) Analysis: Operating Revenue (USD)
YoY Comparison (12 months) Analysis: Operating Revenue (USD) 6 US: Lower brokerage commissions and other revenue partially offset by higher other commissions and net financial income, while VIX declined 26% YoY. * average VIX ： 27.3 → 20.2 ( - 26%) DARTs: 229,826 → 217,405 ( - 5 %) （ USD thousand ）
Slide 8: YoY Comparison (12 months) Analysis: SG&A (USD)
YoY Comparison (12 months) Analysis: SG&A (USD) 7 US: Advertising expenses and compensation and benefits increased significantly as account growth strategy and product initiatives were launched during the year ended 3/31/2022. SG&A Total +41.1 ％ (+ 76,440) * Figures in parentheses indicate the varia
Slide 9: Highlights 4Q of FYE Mar. 2022 (3 months)
Highlights 4Q of FYE Mar. 2022 (3 months) 8 Continued to spend on marketing to acquire new accounts ( \ 2.1B). Segment loss improved QoQ to \ 1.8B due to reduced advertising expenses while continuing to focus on account growth. Japan US Crypto Asset Asia Pacific Investment
Slide 10: QoQ Comparison (3 months) Analysis: Operating Revenue (USD)
QoQ Comparison (3 months) Analysis: Operating Revenue (USD) 9 US: Decrease in net financial income due to lower securities lending was offset by higher brokerage commissions, driven by futures commissions and other commissions. 31,924 24,404 23,965 24,898 26,837 19,588 15,768 15,432 16,415 17,108 10
Slide 11: QoQ Comparison (3 months) Analysis: SG&A (USD)
QoQ Comparison (3 months) Analysis: SG&A (USD) 10 US: SG&A decreased due to adjustments in marketing spend to improve account acquisition efficiencies and to better align headcount with development initiatives and account support needs. (USD thousand) Quarterly SG&A Total - 6.2 ％ ( - 4,725) * Total
Slide 12: Business Update US Segment 1/4
Business Update US Segment 1/4 11 Total customer accounts increased by 55% * 1 YoY. Trading in Futures and Options increased. Total Customer Accounts *1 : 227K accounts ( +55 % YoY) Total customer assets *2 : $12.0B ( +16% YoY) Customer Assets and Accounts DARTs and VIX Trading has normalized, with
Slide 13: Business Update US Segment 2/4
Business Update US Segment 2/4 12 （ $Million ） Self - clearing positions TradeStation to benefit from rising interest - rate environment. • Brokerage revenue * 1 totaled $41.1M in 4Q . • Brokerage commission decreased YoY as trading volume has normalized after elevated activities in prior year. Comm
Slide 14: Business Update US Segment 3/4
Business Update US Segment 3/4 13 TradeStation’s product suite development is focused on user experience, cryptocurrency platform and its offerings through third - party using its API to support its growth strategy. Products and Services • Encourage casual traders to trade by expanding with low cost
Slide 15: Business Update US Segment 4/4
Business Update US Segment 4/4 14 TradeStation’s Pillars for Growth TradeStation positions itself to attract an expanding market of self - directed investors. Award - Winning Suite of Trader and Investor Products • TradeStation Rated #1 or “Best in Class” six categories in StockBrokers.com’s 2022 On
Slide 16: Appendix: Highlights FYE Mar. 2022 (12 months) 2/3
Appendix: Highlights FYE Mar. 2022 (12 months) 2/3 (JPY million) US ◆ Total operating revenue after deducting financial expenses and cost of sales, and Segment profit 15 17,417 19,338 19,887 22,958 23,579 281 1,978 1,763 3,200 - 5,557 -15,000 -5,000 5,000 15,000 25,000 2018/3 2019/3 2020/3 2021/3 20
Slide 17: Appendix: Highlights 4Q of FYE Mar. 2022 (3 months) 2/3
Appendix: Highlights 4Q of FYE Mar. 2022 (3 months) 2/3 16 US ◆ Total operating revenue after deducting financial expenses and cost of sales, and Segment profit 6,880 5,728 5,464 6,062 6,325 1,393 - 185 - 1,502 - 2,121 - 1,750 -4,000 0 4,000 8,000 2021/3 4Q 2022/3 1Q 2022/3 2Q 2022/3 3Q 2022/3 4Q To
Slide 18: Group Overview (As of March 2022)
Group Overview 17 (As of March 31 , 2022) Online Securities Company TradeStation Securities, Inc. Service appealing to active traders (US) TradeStation Group, Inc. Holding Company in the U.S. TradeStation Technologies, Inc. (US) YouCanTrade, Inc. (US) Technology Trading Community TradeStation Global
Slide 19: Overview of Monex Group and Main Subsidiary Companies
■ TradeStation Group, Inc. (Florida, U.S.) Online securities group with award - winning trading technology development capabilities - President: John Bartleman - Founded in 1982, joined Monex Group in Jun. 2011 - An award - winning TradeStation platform recognized and highly regarded by active trade
Slide 20: Appendix: Valuation in Fair Value of Monex Group
Appendix: Valuation in Fair Value of Monex Group Data for the valuation of fair value based on the Sum - of - the - Parts method 19 *3 The above figures for the TradeStation Group and the Coincheck Group do not take into account any redemption by the SPAC shareholders. In addition, TradeStation's ow
Slide 21: Disclaimer
Disclaimer 20 Cautionary Statement Regarding Forward - Looking Statements This communication contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 199 5, as amended, that reflect TradeStation’s current views with respect to, among other things, t
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