Slide 1: 9M24 Financial Results
9M24 Financial Results November 29th, 2024
Slide 2: Disclaimer
Disclaimer By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We”) solely for informational purposes and does not constitute, and should not be constru
Slide 3: Chairman's comment on 9M24 performance
INTRALOT Chairman Sokratis P. Kokkalis, noted: “INTRALOT’s performance for the 9-month period in 2024 has been impacted by seasonality effects in the United States and FX movements. The company maintains its key metrics of profitability and leverage ratio within the targeted range, while extending e
Slide 4: Revenue Overview
Revenue Overview 9.2% 70.6(26.8%) B2C RoW 157.2 (59.6%) Americas 9M24 Revenue per 9M24 Activity Line Revenue per 90.8% (%) Geographical Region B2B/B2G (in €) €263.5m 35.7 (13.6%) Europe €263.5m 11.9% 9.6% VLTs IT Products & Services 21.8% Sports Betting 9M24 Revenue per Game Type (%) €263.5m 56.7% L
Slide 5: Revenue Evolution per Business Activity
Revenue Evolution1 per Business Activity Licensed operations in € million Q3 24.3 H1 9% 280.0 3.4 -1.4 Game management 9M24 55.2 -7.4 7.6 21% Revenues per -9.2 -8.8 -4.2 Contract Type -1.8 263.5 (€m, %) 70% -11.1 184.0 Technology 9M23 Licensed operations Game management Technology 9M24 Licensed oper
Slide 6: Consolidated Financial Statements for 9M24
Consolidated Financial Statements for 9M24 (in € million) 9M24 9M23 % Change 3Q24 3Q23 % Change LTM Revenue (Turnover) 263.5 280.0 -5.9% 89.9 104.8 -14.2% 347.5 Technology, Management & Rest 242.1 251.5 -3.7% 81.2 95.3 -14.8% 330.1 Contracts Licensed Operations (Payout related) 21.4 28.5 -24.9% 8.7
Slide 7: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES EBITDA AND EBITDA MARGIN €m €m, % 364 348 35.6% 34.5% 36.1% 34.7% -5.9% EBITDA Margin on Sales 280 264 -7.4% -9.4% 129 120 101 91 EBITDA 2023 LTM 9Μ23 9Μ24 2023 LTM 9Μ23 9Μ24 OPERATING CASH FLOW1 AND CAPEX NET DEBT2 AND NET DEBT / EBITDA3 €m Operating CF €m
Slide 8: Net Debt Movement
Net Debt Movement Net Debt Movement, 9M24 (in €m) 3.9 11.6 350.3 333.2 24.1 24.1 326.2 39.5 28.4 243.2 237.7 6.2 Net Debt, Free Cash Net Interest Loans receipt Loans Capital Restricted Other Gross Debt Net Debt, Restricted Adjusted Dec 2023 Flow1 payments Issuance payments cash investments movements
Slide 9: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 9Μ24 Key Revenue Contributors Key EBITDA Contributors 9Μ23 (in €m) (in €m) 119.1 50.6 North America2 North America2 122.4 52.1 22.2 14.8 Europe3 Europe3 21.8 13.7 38.1 7.2 South America South America 51.1 10.2 19.5 14.0 Oceania Oceania 18.5 13.3 51.1 14.5 RoW4 Ro
Slide 10: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS
Slide 11: 9M24 – Group Income Statement
9M24 – Group Income Statement (in € million) 9M24 9M23 % Change LTM Revenue 263.5 280.0 -5.9% 347.5 Gross Profit 99.5 107.2 -7.2% 137.5 Other Operating Income 22.1 21.7 1.7% 30.8 OPEX (82.7) (76.5) 8.1% (120.3) EBITDA 91.5 101.0 -9.4% 119.9 Margin 34.7% 36.1% -1.4pps 34.5% Capital Structure Optimiza
Slide 12: 9M24 – Group Statement Of Financial Position
9M24 – Group Statement Of Financial Position (in € million) 9M24 FY23 Tangible Assets (incl. investment properties) 85.0 94.1 Intangible Assets 173.9 182.3 Other Non-current Assets 61.7 56.1 Inventories 28.1 24.4 Trade and Other Short-term Receivables 140.1 119.9 Cash and Cash Equivalents 83.3 111.9
Slide 13: 9M24 – Group Cash Flow
9M24 – Group Cash Flow (in € million) 9M24 9M23 EBT from continuing operations 10.6 32.1 EBT from discontinued operations - - Plus/less adjustments 81.4 67.7 Decrease/(increase) of inventories (4.3) (1.9) Decrease/(increase) of receivable accounts (5.4) (2.8) (Decrease)/increase of payable accounts
Slide 14: Intralot
intralot