Betmakers Technology Group Ltd. · ASX:BET
Betmakers Technology — H1 FY2022 Earnings Presentation
12 slides from Betmakers Technology's earnings presentation, Feb 28, 2022
Slide 1: FY22 Half Year Results
FY22 Half Year Results February 2022 BetMakers Technology Group | ASX: BET Confidential and Proprietary.
Slide 2: Disclaimer
DISCLAIMER This shareholder update is dated 28 February 2022. The material contained in this document is a presentation of general information about the activities of BetMakers Technology Group Limited (the Company or BET) as at the date of this update. All monetary figures quoted within this docume
Slide 3: H1 FY22 Highlights
H1 FY22 HIGHLIGHTS GROUP PERFORMANCE • Revenue of $43.5m (+473% vs H1 FY21) • Gross profit of $32.0m (+700% vs H1 FY21) $43.5m 1H FY22 REVENUE +473% GROWTH VS. H1 FY21 REVENUE • Gross margin increased to 73.6% from 52.7% in H1 FY21 • Adjusted EBITDA² of $2.3m (up from negative $0.8m in H1 FY21) 74%
Slide 4: FY22 Half Year P&L Summary
FY22 HALF YEAR P&L SUMMARY BetMakers experienced significant growth on revenue while improving gross margin in H1 FY22, supported by Global Tote and the expansion of the Australian platform and MTS offering H1 FY22 REVENUE – $43.5m A$'000s Change (+473% vs H1 FY21) H1 FY21 H1 FY22 PCP HoH $'000 $'00
Slide 5: FY22 Half Year Cash Flow Summary
FY22 HALF YEAR CASH FLOW SUMMARY Positive operating cash flow was achieved while continuing investment into staff and hardware to maximise growth prospects into FY22 and beyond OPERATING CASH FLOW A$'000s Change H1 FY21 H1 FY22 PCP HoH • Positive $1.8m in net cash from operating activities $'000 $'0
Slide 6: The Next Phase of BetMakers' Growth Strategy
THE NEXT PHASE OF BETMAKERS’ GROWTH STRATEGY WILL BE DEFINED THROUGH THREE GLOBAL PRODUCT DIVISIONS
Slide 7: Global Betting Services Performance and Outlook
GLOBAL BETTING SERVICES PERFORMANCE AND OUTLOOK H1 FY22 PERFORMANCE STRATEGIC FOCUS AND OUTLOOK • Launched an additional two platform and Managed Trading Services clients • Continue to expand MTS Australia with six customers signed and due to launch in (bringing the total number of Australian bookma
Slide 8: Global Tote Performance and Outlook
GLOBAL TOTE PERFORMANCE AND OUTLOOK H1 FY22 PERFORMANCE STRATEGIC FOCUS AND OUTLOOK • Renewed contracts with key racing partners such as Catskill Regional OTB, Penn • Achieve 24/7 Tote product with zero downtime for end of session functions National Gaming, TVG, MGM Yonkers, Rillito and Monticello R
Slide 9: Global Racing Network Performance and Outlook
GLOBAL RACING NETWORK PERFORMANCE AND OUTLOOK H1 FY22 PERFORMANCE STRATEGIC FOCUS AND OUTLOOK • Extended fixed odds betting exclusivity in New Jersey for 15 years from the original • Initiate fixed odds betting on horse racing in the United States contract date • Launch domestic and international fi
Slide 10: New Jersey Update
NEW JERSEY UPDATE BetMakers’ B2B strategy is enabling the growth of the US sports betting market, allowing BetMakers to participate without competing in expensive B2C marketing campaigns VIEW OF THE OPPORTUNITY Signed exclusive deal for Fixed • Signed extension to the term to 15-years from original
Slide 11: H2 FY22 Strategic Focus
H2 FY22 strategic focus Continue executing B2B strategy across Australia and the US Launch fixed odds horse race wagering in New Jersey Contract New Jersey licensed bookmakers for delivery of fixed odds horse racing and related services Focus on contracting racing content for delivery in New Jersey
Slide 12: Investor Relations Contact
Jane Morgan Investor Relations Direct: +61 (0) 405 555 618 Email: investors@betmakers.com betmakers.com
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