Triller Group Inc. · NASDAQ:ILLR
Triller — AGBA Group Holding — Q1 2023 Earnings Presentation
32 slides from Triller's earnings presentation, May 16, 2023
Slide 1: Investor Presentation Q1 2023 Financial Results
#1 Wealth and Health Group in Greater Bay Area, China INVESTOR PRESENTATION Q1 2023 Financial Results May 2023
Slide 2: Disclaimer and Confidentiality
2 Disclaimer and Confidentiality About This Presentation In this presentation, the “Group”, “we”, “us” and “our” mean AGBA Group Holding Limited (the “Group” or “AGBA”) and its subsidiaries . All amounts are in U . S . dollars unless otherwise indicated . The information contained herein does not pu
Slide 3: One-Stop Financial Supermarket
1 st Largest Independent Financial Advisor in Hong Kong ~1,600 ~200,000 ~US$160m financial advisors customers normalized revenue 3 rd ~800 affiliated clinics Operating Track Record 30 Years Major Shareholder Mr. Richard Tsai Workforce 2,600 Products Insurance: 700+ Investment: 1,800+ Product Vendors
Slide 4: Organized into Four Principal Businesses
Group Distribution Business Market leader in selling wide range of financial products to retail and corporate customers. FinTech Busin e s s Leading corporate investor in FinTech companies capturing strategic benefits as well as financial rewards. Financial Health Organized into Four Principal Busin
Slide 5: Q1 2023 Key Highlights
▪ Revenue Growth – Q1 2023 revenue more than 5x Q1 2022. ▪ Continued Transformation – ongoing enhancement of client portal and consultant tools. ▪ International Expansion – acquisition of Sony Life Financial Advisers, Singapore based financial adviser and insurance broker. ▪ Share Repurchase – progr
Slide 6: Q1 2023 Revenue Growth
New business submissions i n Mar ch 2023 highest recorded in three years, with revenue expected to be generated from these submissions during the second quarter of 2023 . Material increase in the number of active financial advisers for the first quarter of 2023 . AGBA continues to be the market lead
Slide 7: Continued Transformation
▪ Continued enhancement of our client portal to improve our customer journeys . ▪ Comprehensive, centralized resource platform for business partners , designed to simplify business operations . Focus on growing business and serving customers more efficiently . ▪ OnePlatform now offers a wide range o
Slide 8: International Expansion
Announced in April 2023 , AGBA entered into agreement to acquire 100 % of Sony Life Financial Advisers, a Singapore based financial adviser and insurance broker . Along with AGBA expansion into the Greater Bay Area, this marks AGBA’s first foray into South - East Asia and a key milestone . Singapore
Slide 9: Share Repurchase
Also in April 2023 , AGBA announced a program to repurchase up to 1 million shares (up to a maximum value of USD 10 million) . The share repurchase program reflects AGBA’s commitment to returning value to its shareholders, while maintaining the financial flexibility to invest in growth opportunities
Slide 10: Macro Rebound
Macro Rebound ABA Hong Kong’s economy grew 2.7 per cent in first quarter, John Lee reveals Need City leader hails ‘golden week’ tourism as another boost for economy, projecting 600,000 mainland visitors to converge on city by Wednesday. . : Hong Kong insurance industry expected to rebound in 2023 ea
Slide 11: Investor Engagement
Investor Engagement In - depth materials released during Q 1 2023 underscore AGBA’s ongoing commitment to transparency and dedication to providing valuable resources to investors . The materials provide key insights into the company’s financials, management team discussion, and investment thesis tha
Slide 12: Investor Engagement
Investor Engagement We are constantly engaging with our investors, customers and the general public, through resonant and highly successful traditional media and social media campaigns. O ver 22M T otal 40 , 000 hours U nique R each: 5 . 4M 12
Slide 13: Media and Awards
Media and Awards We have received extensive media coverage and our media campaigns have been recognized with various industry awards. 13
Slide 14: Investor Engagement
Investor Engagement An enhanced understanding of our company is driving investor interest and enhanced liquidity in our stock. 3,000 , 000 2,500 , 000 2,000 , 000 1,500 , 000 1,000 , 000 500,000 - 14 29/12/2022 29/1/2023 28/2/2023 31/3/2023 30/4/2023 Trading Volume - 20 Day Trailing Average
Slide 15: AI Programs
AI Programs AGBA has one of the richest product databases in Hong Kong with information on more than 1,000+ insurance products and more than 800+ funds from different providers. We are investigating many powerful AI applications to leverage our product and customer data to empower consultants and im
Slide 16: Distribution Business
istribution Business -OCUS BF
Slide 17: Distribution Business Key Developments in Q1 2023
Distribution Business Key Developments in Q1 2023 ▪ Re - launch of Mainland China Visitor (MCV) business as borders with Mainland China re - open . ▪ Kickstarting the Group’s incubation and partnership businesses . ▪ Preparation for Launch of AGBA Money, the Group’s direct - to - consumer digital we
Slide 18: Platform Business
Platform Business
Slide 19: Platform Business Key Developments in Q1 2023
Platform Business Key Developments in Q1 2023 ▪ Signed up new 3 new distribution partners, as well as one major bank . ▪ Added 6 new insurance partners during the first quarter of 2023 . ▪ Launched more than 170 new insurance and investment products. ▪ Introduced new class of alternative investment
Slide 20: FinTech Business
FinTech Business
Slide 21: FinTech Business Key Developments in Q1 2023
FinTech Business Key Developments in Q1 2023 ▪ Fully exited Oscar Health investment. Who We Are ▪ One of the leading names in corporate FinTech investments. ▪ Have made more than USD 125 million in FinTech investments over the last 5 years . ▪ Successful exits including sale of Nutmeg to JPMorgan Ch
Slide 22: Healthcare Business
tealthcare Business ABA Health O
Slide 23: Healthcare Business Key Developments in Q1 2023
Healthcare Business Key Developments in Q1 2023 Who We Are ▪ One of the largest networks in Hong Kong. 1 healthcare ▪ More than 800 affiliated clinics and 1 , 200 doctors serving around 300 , 000 patients . ▪ Long and successful track - record, established in 1973 . ▪ Preparing for launch of AGBA He
Slide 24: Outlook for 2023
Outlook for 2023
Slide 25: Forward-Looking Plans
Forward - Looking Plans #1 Focus: Execution 2. 1. Continue to participate in Hong especially during 2H 2023 and beyond. 25 Kong rebound, Further integrate our Wealth and Health businesses. 3. Expand further into Greater Bay Area and S.E. Asia. 4. Make strategic investments / acquisitions in FinTech
Slide 26: Thank You
THANK YOU For further information, please visit www.agba.com/ir agbagroup Investor Relation Enquires: ir@agba.com +852 5529 4500
Slide 27: Q1 2023 Breakdown by Core Business
Q1 2023 Breakdown by Core Business D i s t r i bu t i o n B u s i n e ss P l a t f o r m B u s i n e ss P l a t f o r m B u s i n e ss H e a l t h c ar e B u s i n e ss U S $ 9 , 687 , 81 9 - - - 4,267,591 U S $ 1 , 385 , 86 1 - - - 57,423,358 - - - 1 , 723 , 06 4 35,4 U S $ 1 , 89 6 U S $ 179 , 93
Slide 28: Inbound Travel Driving HK Retail Rebound
Inbound Travel Driving HK Retail Rebound 6 0 00 0 5 5 00 0 5 0 00 0 4 5 00 0 4 0 00 0 3 5 000 3 0 000 2 5 00 0 2 0 00 0 1 5 00 0 1 0 00 0 5000 0 - 5000 0.0 7.5 7.0 6.5 6.0 5.5 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0 1 /1 3 0 1 /1 4 0 1 /1 5 0 1 /1 6 0 1 /1 7 0 1 /1 8 0 1 /1 9 0 1 /2 0 0 1 /2 1 0 1
Slide 29: Hong Kong Insurance Industry Poised for Growth
Hong Kong Insurance Industry Poised for Growth 0.9 1.0 1.1 2.0 2.3 3.2 1.5 1.7 1.2 3.0 2.8 0.5 - 1 . 0 1 . 5 2 . 0 2 . 5 APE New Business Life Insurance - Brokers (USD in Bn) 3.5 2 0 13 2 0 14 2 0 15 2 0 16 2 0 17 2 0 18 2 0 19 2 0 20 2 0 21 2 0 22 70.0 60.0 50.0 40.0 30.0 20.0 10.0 - 2 0 13 2 0 14
Slide 30: Hong Kong Asset Management Industry Continues to Grow
Hong Kong Asset Management Industry Continues to Grow 1 , 603 2 , 039 2 , 2 5 2 2 , 216 2,330 3 , 092 3 , 0 5 2 3 , 665 4 , 450 4 , 5 2 8 - 2 0 12 2 0 13 2 0 14 2 0 15 2 0 16 2 0 17 2 0 18 2 0 19 2 0 20 2 0 21 5 , 000 4 , 500 4 , 000 3 , 500 3 , 000 2 , 500 2 , 000 1 , 500 1 , 000 500 Asset Manageme
Slide 31: Hong Kong Healthcare Industry Continued Expansion
Hong Kong Healthcare Industry On Steady Path for Continued Expansion 13.6 31 14.9 16 .3 17.5 18.9 20.0 21.3 22.5 24.2 1 0 .0 5 . 0 - 1 5 .0 2 0 .0 2 5 .0 3 0 .0 2 0 12 2 0 13 2 0 14 2 0 15 2 0 16 2 0 17 2 0 18 2 0 19 2 0 20 Healthcare Expenditure (USD in bn ) Source: Hong Kong Domestic Account Stati
Slide 32: Current Enterprise Value
Current Enterprise Value Enterprise Value / Revenue multiple of 1.1x based on Company estimate of full year 2023 revenue. Benchmark Value Footnotes Share Price U S $ 2 . 1 1 (a) Fully Diluted Shares Outstanding 78,716,295 (b) FD Market Capitalization U S $ 166 , 091 , 38 2 (a) Total Debt U S $ 6 , 2