Moneyhero Limited · NASDAQ:MNY
Moneyhero — SPAC Merger (September 2023)
27 slides from Moneyhero's SPAC merger presentation, Sep 29, 2023
Slide 1: Investor Presentation MoneyHero Group September 2023
Investor Presentation MoneyHero Group September 2023 Filed by MoneyHero Limited Pursuant to Rule 425 under the Securities Act of 1933, as amended, and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934, as amended Subject Company: Bridgetown Holdings Limited Commission Fi
Slide 2: Empowering and connecting people to a better financial future
Empowering and connecting people to a better financial future
Slide 3: MoneyHero Group connects people to a better financial future
MoneyHero Group connects people to a better financial future Our mission at MoneyHero Group is to make all of life’s financial decisions a time saving and rewarding experience We educate people about personal finance, help them decide which products are best suited for their needs, and facilitate ge
Slide 4: Product innovation and competition drives consumers to look for trusted sources of information
Product innovation and competition drives consumers to look for trusted sources of information to compare and decide Consumers Financial Service Providers …Consumers need trustworthy and relevant personal finance guidance …Providers want reliable volumes of ready-to-transact customers With increasin
Slide 5: Our business
Our business Simplifying financial decisions through accessible content and trusted brands. We connect users with financial products via intuitive comparison journeys, fostering loyalty through rewards. Trustworthy and free personal finance content, exclusive rewards Comprehensive and easy-to-naviga
Slide 6: Investment thesis
Investment thesis A Market Leader In the Rapidly Expanding Greater Southeast Asia Market Proven Scalable Business Model with Significant Runway World Class Management Team with Strong Institutional Backers Large Addressable Market That is Growing via Digital Adoption of Product Distribution Near Ter
Slide 7: MoneyHero Group is a market leading online financial comparison platform in Greater Southeast Asia
16 21 38 62 68 2018 2019 2020 2021 2022 MoneyHero Group is a market leading online financial comparison platform in Greater Southeast Asia 5Operating Markets in Greater Southeast Asia 185MTotal Populations in Five Operating Markets 74%Organic Users (3) (in 1H 2023) 270Commercial Partner Relationship
Slide 8: Engage with our 7 brands across 5 markets
1.5M monthly unique 2.5 monthly unique 9.1M monthly unique users users users(1) and 4.3M members(2) 3.0 monthly unique users ENGAGE WITH OUR 0.3M monthly unique users 7 BRANDS ACROSS 5 MARKETS 0.9M monthly unique users 0.9M monthly unique users Notes: 1. Monthly Unique Users during the period 1H 202
Slide 9: We operate in a large, high growth region that is digitally-enabled
We operate in a large, high growth region that is digitally-enabled 185M Total Population 4.7% Disposable Income Growth IN OUR FIVE OPERATING MARKETS IN 2022 CAGR 2023E-2028E IN OUR FIVE 700M+ in Greater Southeast Asia OPERATING MARKETS 92M Banked Population 90% Households with Smartphones IN OUR FI
Slide 10: Our business pillars
Our business pillars Notes: All stats exclude Thailand, which was closed in Q4 2022 Monthly Unique Users during the period 1H 2023 Financial Products Platforms B2B Business Our platforms provide free, comprehensive information across 1,500+ financial products, including credit cards, personal loans,
Slide 11: MoneyHero's financial products platform
MoneyHero’s financial products platform Notes: All stats exclude Thailand, which was closed in Q4 2022 Monthly Unique Users in 1H 2023; % of organic users in 1H 2023 As of June 30, 2023; Commercial partner relationships mean having relationship with different lines of businesses within the same fina
Slide 12: Creatory expands MoneyHero's reach by capturing and converting 3rd party traffic sources
Creatoryexpands MoneyHero’s reach by capturing and converting 3rd party traffic sources Notes: Monthly Unique Users during the period 1H 2023, excluding Thailand Creatory is MoneyHero’s B2B service offering –enabling digital businesses to monetize their user base through MoneyHero’s commercial partn
Slide 13: Our Executive Officers and Board of Directors
Our Executive Officers and Board of Directors PRASHANT AGGARWAL SHAUN KRAFT ROHITH MURTHY CEO CFO & COO CPO Joined in 2016 Joined in 2015 Joined in 2015 EXECUTIVE • Previously, Head of Commercial • Previously CFO & COO at CMCC • Previously held various senior OFFICERS Products, Southeast Asia at Vis
Slide 14: Our Group Leadership Team
Our Group Leadership Team PROFESSIONAL EXPERIENCE OF TEAM TOMKAPELLER Group Head of Insurance KAMEELVIJ Group Head of People and Talent LAURAHANNON General Counsel KATELEE Group Head of Strategic Finance NAWAZIMAM Group Head of Strategy SHRAVANTHAKUR Group Co-Head of Commercial SANDEEPKRISHNAMANI Gr
Slide 15: Financials (MoneyHero Group Standalone)
Financials (MoneyHero Group Standalone)
Slide 16: Proven track record of delivering value to MoneyHero users and financial services providers
Proven track record of delivering value to MoneyHero users and financial services providers Notes: All stats exclude Thailand, which was closed in Q4 2022 Average monthly unique users refer to the average of monthly unique users for the year or period stated Total number of product applications for
Slide 17: Group revenue and EBITDA
Group revenue and EBITDA Notes: Semi-annual figures are unaudited financials of CompareAsiaGroup Capital Limited,prepared in accordance with IFRS Adjusted EBITDA is a non-IFRS financial measure defined as loss for year/period plus depreciation and amortization, interest income, finance costs, income
Slide 18: Revenue and margin by product vertical
Revenue and margin by product vertical Notes: 1H 2023 figures are unaudited financials of CompareAsiaGroup Capital Limited, prepared in accordance with IFRS Other includes bank account, stock brokerage, wealth management, and Seedly 1H2023 Revenue by Vertical (1) 1H2023 Revenue by Business Pillar (1
Slide 19: Revenue and segment profitability by market
Revenue and segment profitability by market Emerging Markets revenue contribution has increased from 8% in 2020 to 23% in 1H 2023. Segment profitability significantly improved in 1H 2023 following significant reduction in cost base initiated in late 1H 2022 2018 – 1H 2023 Revenue by Market (US$M) (1
Slide 20: Material reduction in expenses over the last 12 months
16.8 16.0 10.0 7.5 3.1 3.3 16.8 9.6 3.3 6.1 5.7 2.2 55.7 44.6 1H 2022 1H 2023 Material reduction in expenses over the last 12 months Notes: Semi-annual figures are unaudited financials of CompareAsiaGroup Capital Limited, prepared in accordance with IFRS General, administrative and other expenses in
Slide 21: Non-IFRS adjusted EBITDA reconciliation
Non-IFRS adjusted EBITDA reconciliation For the Six Months Ended June 30, 20232022 (US$ in thousands) Loss for the period(71,101)(29,795)â–º Meaningful improvement in Adjusted Adjustments:EBITDA in 2023, from $(10)M in 1H Tax expenses3442022 to $(1)M in 1H 2023 as a result of Depreciation and amorti
Slide 22: Appendix
Appendix
Slide 23: Standalone P&L of MoneyHero Group (CompareAsiaGroup Capital Limited)
Standalone P&L of MoneyHero Group (CompareAsiaGroup Capital Limited) Notes: 2021 and 2022 based on audited financials of CompareAsiaGroup Capital Limited; semi-annual figures are unaudited financials of CompareAsiaGroup Capital Limited, prepared in accordance with IFRS December 31,20232022% YoY20222
Slide 24: Standalone Balance Sheet of MoneyHero Group (CompareAsia Group Capital Limited)
Standalone Balance Sheet of MoneyHero Group (CompareAsia Group Capital Limited) 30 June 2023 31 December 2022 (unaudited) US$ US$ NON-CURRENT ASSETS Other intangible assets 13,558,503 14,406,672 Property and equipment 223,893 293,613 Right-of-use assets 825,322 778,414 Deposits 159,086 128,927 Total
Slide 25: Forward-Looking Statements
Forward-Looking Statements This communication includes “forward-looking statements” within the meaning of the United States federal securities laws with respect to the proposed business combination between CompareAsiaGroup Capital Limited (“the Company”), and Bridgetown Holdings Limited (“Bridgetown
Slide 26: Additional Information
Additional Information This communication relates to the proposed Business Combination between the Company and Bridgetown. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in
Slide 27: Thank you
Thank you