Bailador Technology Investments Ltd · ASX:BTI
Bailador Technology Investments — H1 FY2020 Earnings Presentation
18 slides from Bailador Technology Investments's earnings presentation, Feb 13, 2020
Slide 1: BTI Half Year Results
For personal use only BTI Half Year Results 13 February 2020 Bailador Technology Investments Limited (ASX:BTI)
Slide 2: Contents
Contents For personal use only PORTFOLIO PERFORMANCE PAGES 3 – 5 P O R T F O L I O C O M PA N Y U P D AT E S PAGES 6 – 15 OUTLOOK PAGE 16 This report was authorised for release to the ASX by Helen Plesek, Company Secretary & Chief Financial Officer, on 13 February 2020. 2
Slide 3: Portfolio Performance
Portfolio Performance For personal use only • Bailador NTA per share at $1.31 PORTFOLIO PERFORMANCE • Major milestone for the largest Bailador portfolio investment, SiteMinder: Raising >$100m at a valuation above $1 billion • Bailador cash realisation of $9.9m from selling a small portion of its Sit
Slide 4: Bailador has a portfolio of established, fast growth technology companies
Bailador has a portfolio of established, fast growth technology companies For personal use only PORTFOLIO PERFORMANCE $255m 27% 10 portfolio company portfolio company revenue1 revenue growth2 investments >70% 87% gross margin2 recurring revenue2 Note: 1Revenue for the year ended 31 December 2019 for
Slide 5: Growth in carrying value is conservative compared to portfolio revenue growth
The growth in carrying value of BTI’s investments is conservative in comparison to the revenue growth in the portfolio For personal use only Revenue Carrying Value Value PORTFOLIO PERFORMANCE Revenue Carrying Portfolio revenue has increased by 3.5x 3.5x… …but BTI has only recognised 2.2x a value inc
Slide 6: SiteMinder
58% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S SiteMinder is the world leader in connecting hotels to online distribution channels for accommodation bookings 21.8x • Surpassed $1bn valuation with January 2020 investment from renowned global and Australia
Slide 7: Instaclustr
12% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Instaclustr is an open-source-as-a-service platform for complex big data applications 4.7x • Consistent growth in high margin revenue recurring revenue • Great way to get exposure to the growth in big data,
Slide 8: Global leader in document productivity segment of Legaltech
7% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Global leader in the rapidly growing document productivity segment of the Legaltech market 1.5x • Clear product leadership that is successfully exploiting the movement to the cloud • Globally successful busin
Slide 9: Lendi
7% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Lendi is a Fintech online platform that radically simplifies process of obtaining a home loan 2.1x • Disruptive home loan platform that compares loans from 35+ lenders and addresses $1.7 trillion home loan ma
Slide 10: Big data aggregation and analysis platform for ad expenditure data
6% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Big data aggregation and analysis platform with exclusive access to ad expenditure data 3.4x • Provides valuable advertising spend metrics and forecasting to agencies, brands, financial analysts globally 1 Ba
Slide 11: Straker Translations
6% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Straker Translations is a world leading AI data driven language translation platform powering the global growth of businesses 3.4x • A US$43bn market opportunity underpinned by strong structural trends • Indu
Slide 12: Rezdy
4% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Leading, innovative and fast-growing B2B marketplace for tours & activities. 8.3x • Tours & activities is a US$180bn per annum market • Rezdy is well positioned to capitalize on the rapid transition of a BTI
Slide 13: BROSA
2% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S BROSA is the leading Australian vertically integrated and digital native furniture retailer 0.9x • Opportunity to disrupt the $13.9bn home and living retail market that is underpenetrated in online sales • St
Slide 14: Stackla
0% O F B T I N TA Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Leading tech platform for brands to leverage User Generated Content (UGC) in their marketing strategy 3.0x • Huge global addressable market across multiple Martech sectors • Impressive suite of domestic and i
Slide 15: Viostream
0% O F B T I N TA Licence Fee Revenue For personal use only P O R T F O L I O C O M PA N Y U P D AT E S Viostream is a cloud-based video management, storage and distribution platform for enterprises • Viostream’s platform helps government and commercial enterprises harness 1.6x the power of video wi
Slide 16: Outlook
Outlook For personal use only Bailador’s focus on Software-as-a-Service and Marketplace businesses continues to be validated by 27% revenue growth of the BTI portfolio companies at high gross margins OUTLOOK The Bailador portfolio is very well positioned to take advantage of the accelerating busines
Slide 17: Disclaimer
Disclaimer For personal use only This presentation is confidential and may not be reproduced in whole or in part, or distributed except by Bailador Technology Investment Ltd (“Bailador”) or by authorized representatives of Bailador (“Affiliates”). This presentation does not contain a complete descri
Slide 18: Further Information
For personal use only FURTHER INFORMATION Website: www.bailador.com.au Investor Enquiries: investorservices@bailador.com.au Telephone: +61 2 9223 2344 Bailador Technology Investments Limited (ASX:BTI)
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