Wirecard Ag · HAM:WDI

Wirecard — Q1 2015 Earnings Presentation

26 slides from Wirecard's earnings presentation, May 13, 2015

  1. Slide 1: Results 1st quarter of fiscal 2015 Investor Presentation

    Agenda Wirecard AG 1. Kennzahlen Results 1st quarter/ of Highlights fiscal 2015 Investor Presentation 13 May 2015

  2. Slide 2: Content

    Content 1. Key Figures / Highlights 2. Products and Solutions 3. Growth 1. Drivers, Strategy Kennzahlen and Outlook / Highlights 4. Financial Data

  3. Slide 3: 1. Key Figures / Highlights

    1. Key Figures / Highlights

  4. Slide 4: Key Figures first quarter of fiscal 2015

    Key Figures / Highlights Key Figures first quarter of fiscal 2015 Q1 2015 Q1 2014 Change Results Transaction Volume EUR bn 9.5 7.3 30% Revenues EUR mn 159.4 126.2 26% EBITDA EUR mn 46.0 35.0 31% EBIT adjusted* EUR mn 38.7 30.0 29% EBIT EUR mn 33.4 26.2 27% Earnings after taxes EUR mn 28.6 21.1 35% O

  5. Slide 5: Diversified Customer Portfolio – Target Industries

    Key Figures / Highlights Diversified Customer Portfolio – Target Industries In first quarter 2015 the transaction volume* amounted to EUR 9.5 billion (30.1% yoy). Thereof EUR 2.3 billion (24.2% from total volume) was generated outside of Europe. The allocation as at the end of the first quarter 2015

  6. Slide 6: Operative Highlights Q1 2015

    Key Figures / Highlights Operative Highlights Q1 2015  Strong customer gains/extension of business relations to existing customers in all of the Wirecard Group‘s target sectors (examples): Triumph International AG (manufacturer of lingerie and bodywear), ProSiebenSat.1 Media AG (German media corpor

  7. Slide 7: Operative Highlights YTD 2015

    Key Figures / Highlights Operative Highlights YTD 2015  Payment Wearable/Payment Wearable SDK: Wirecard presented a payment wearable solution based on HCE technology and launched a Software Development Kit (SDK) for wearable payment solutions. A dedicated developer portal will provide access to a r

  8. Slide 8: Operative Highlights YTD 2015

    Key Figures / Highlights Operative Highlights YTD 2015  Cooperation with Bank Mega and Carrefour Indonesia: Wirecard and Bank Mega are supporting Carrefour Indonesia with innovative point-of-sale terminals and integrated payment processing. Customers of the globally active chain of department store

  9. Slide 9: Acquisitions in Q1 2015

    Key Figures / Highlights Acquisitions in Q1 2015 Lufhansa AirPlus Where we are Servicekarten GmbH Wirecard AG has taken over the acquiring customer portfolio from Lufthansa AirPlus Servicekarten GmbH. Until now, AirPlus has predominantly offered service agreements for Visa and MasterCard acquiring u

  10. Slide 10: 2. Products and Solutions

    2. Products and Solutions

  11. Slide 11: Products and Solutions

    Products and Solutions © 2015 Wirecard AG 11

  12. Slide 12: More than 19,000 merchants

    Products and Solutions More than 19,000 merchants © 2015 Wirecard AG 12

  13. Slide 13: Wirecard ePOS concept: customer-controlled check-out

    Products and Solutions Wirecard ePOS concept: customer-controlled check-out The customer uses the merchant’s application and is checked in at the retailer using Bluetooth on the Customer scans the No more queuing mobile phone goods using the app at the check-out Loyalty points and vouchers can be Fo

  14. Slide 14: 3. Growth Drivers, Strategy and Outlook

    3. Growth Drivers, Strategy and Outlook

  15. Slide 15: E-Commerce

    Growth Drivers, Strategy and Outlook E-Commerce  Online retail sales in Western Europe are growing at a CAGR of 12% until 2018 (Forrester Research Online Retail Forecast, 2013 to 2018)  The annual transaction value of online, mobile and contactless payments: $4.7 trillion by 2019 (2014: $2.5 trill

  16. Slide 16: Issuing and Mobile Services

    Growth Drivers, Strategy and Outlook Issuing and Mobile Services  195 billion mobile commerce transactions annually from mobile phone and tablet users by 2019, up from 72 billion in 2014 (CAGR: 22.05%) (Juniper Research, Dec. 2014)  Over 2 billion mobile phone or tablet users will make some form o

  17. Slide 17: Outlook

    Growth Drivers, Strategy and Outlook Outlook FY 2015: EBITDA guidance 2015 in a bandwidth of between EUR 210 to EUR 230 million Forecast based on:  European e-commerce market growth ~12%  Increase in transaction volume processed with existing and new customers for Wirecard Group  Economies of sca

  18. Slide 18: 4. Financial Data

    4. Financial Data

  19. Slide 19: Key Figures Q1 2015/Q1 2014

    Financial Data Key Figures Q1 2015/Q1 2014 in kEUR Q1 2015 Q1 2014 Change Revenues 159,413 126,231 26% EBITDA 46,034 35,038 31% EBIT adjusted* 38,739 29,971 29% EBIT 33,410 26,227 27% Taxes 3,729 3,945 -5% Profit after Taxes 28,596 21,145 35% EPS (undiluted) in EUR 0.23 0.18 28% Operating cash flow*

  20. Slide 20: Revenues, Costs & EBITDA Growth Q1 2015/Q1 2014

    Financial Data Revenues, Costs & EBITDA Growth Q1 2015/Q1 2014 Q1 2014 Q1 2015 in kEUR 200,000 +26.3% 150,000 +24.3% 100,000 +31.4% 50,000 126,231 159,413 91,193 113,379 35,038 46,034 Revenues Cost of materials, own work EBITDA capitalised, personnel expenses, other operating expenses, other operati

  21. Slide 21: Development Acquiring & Issuing Segment Q1 2015

    Financial Data Development Acquiring & Issuing Segment Q1 2015 in kEUR Q1 2015 Revenues EBITDA Acquiring & Issuing Segment 58,013 8,490 Acquiring 46,796 5,585 Issuing 11,217 2,905 © 2015 Wirecard AG 21

  22. Slide 22: Consolidated Income Statement Q1 2015/Q1 2014

    Financial Data Consolidated Income Statement Q1 2015/Q1 2014 in kEUR Q1 2015 of revenues Q1 2014 of revenues Revenues 159,413 126,231 Own work capitalised 5,871 5,506 Cost of materials -87,767 55.1% -72,031 57.1% Personnel expenses -20,711 13.0% -14,587 11.6% Other operating expenses -13,874 8.7% -1

  23. Slide 23: Income taxes Q1 2015/Q1 2014

    Financial Data Income taxes Q1 2015/Q1 2014 in kEUR Q1 2015 in % of earnings Q1 2014 of earnings before before taxes taxes Earnings before taxes 32,325 25,090 Taxes on income and profit -3,729 11.5% -3,945 15.7% thereof impact from deferred taxes -323 1.0% -27 0.1% thereof taxes to be paid -3,406 10

  24. Slide 24: Balance Sheet as of 31 March 2015/31 December 2014

    Financial Data Balance Sheet as of 31 March 2015/31 December 2014 Assets in kEUR 31.03.2015 31.12.2014 Equity and liabilities in kEUR 31.03.2015 31.12.2014 Non-current assets 839,443 812,145 Shareholders´ equity 1,111,765 1,072,886 Goodwill 223,545 218,202 Liabilities 957,890 922,273 Customer relati

  25. Slide 25: Disclaimer

    Disclaimer This presentation contains explicit and implicit forward-looking statements concerning Wirecard AG, its affiliated companies and their business. These statements are subject to various known and unknown risks, uncertainties and other factors due to which the actual events, financial condi

  26. Slide 26: Contact

    Contact Investor Relations Iris Stöckl: iris.stoeckl@wirecard.com IR-Team: ir@wirecard.com T: + 49 (0) 89 4424 1788 Wirecard AG Einsteinring 35 85609 Aschheim / Munich Germany

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