Tyro Payments Ltd. · ASX:TYR
Tyro Payments — Shareholder Meeting (October 2020)
20 slides from Tyro Payments's shareholder meeting presentation, Oct 27, 2020
Slide 1: 2020 Annual General Meeting
2020 ANNUAL GENERAL MEETING Tyro Payments Limited 27 OCTOBER 2020 ABN 49 103 575 042
Slide 2: Chair's Address to Shareholders
Chair’s Address to Shareholders 2
Slide 3: Response to COVID-19
Response to COVID-19 Assistance to our Merchants • Repayment holidays provided to support ~30% of all borrowers experiencing hardship • Terminal rental relief to impacted merchants - $1.6 million in rental relief • Merchants offered access to the Federal Government Coronavirus SME Guarantee Scheme •
Slide 4: High Level Achievements
High Level Achievements Largest successful IPO by market capitalisation on ASX in 2019 Strong financial $20.1B RECORD performance in challenging TRANSACTIONS conditions PROCESSED BY TYRO MERCHANTS 15% (FY19: $17.5B) AUSTRALIA’S MERCHANT ACQUIRING BANK 5TH LARGEST BY TERMINAL COUNT 22% 4 (FY20: 62,72
Slide 5: Sustainability
Sustainability l ocia S Regulators Working with over 32,000 merchants across Australia, it is important that we y Su it fulfil our mission by delivering our solutions in a such a manner that we create un pp Comm Enviro ent a sustainable future for all our stakeholders. This includes our shareholders
Slide 6: The Tyro Team
CRC BE a Fa ie, 3 8 ay ) i ce ‘iba A a fe ‘Care fy ate . 8 By
Slide 7: CEO | Managing Director's Update to Shareholders
CEO | Managing Director’s Update to Shareholders 7
Slide 8: Setting businesses free to get on with business
Setting businesses free to get on with business by simplifying payments + banking solutions 8
Slide 9: Capturing Market Share
Capturing Market Share Annual transaction value of card payments acquired in Australia1 ($ billion) - Number of terminals by banks and other providers in Australia (‘000) - as at 30 June 2020 as at 30 June 2020 CAGR (30 June 2014 — 30 June 2020) ~3.0% market share $660b (2%) 3% (5%) 2% 29% 4% (9%) (
Slide 10: The Tyro Ecosystem
The Tyro Ecosystem • Tech focused values driven company • Integrated ecosystem with payments at our core • Enhanced by value-adding features + products Tyro • Designed to attract new merchants + retain existing merchants sh Community nc t Ca n Ad rcha e va ot- Me In- -N t ap rd sen p re Ot oduc Ca s
Slide 11: Results Highlights - FY20
Results Highlights - FY20 FY20 - Strong financial performance Transaction Merchant Loan Total Gross Value Numbers Originations Revenue Profit $20.1 B UP $60.1 M UP $210.7 M UP $93.5 M UP $17.5 B 15% $52.2 M 15% $189.8 M 11% $83.3 M 12% 32,176 UP 29,031 11% FY19 FY20 FY19 FY20 FY19 FY20 FY19 FY20 FY1
Slide 12: Financial Position
Financial Position Strong balance sheet underwrites continued growth • Cash, cash equivalents and financial investments available at 30 June 2020 totalled $188.3 million1, up from $68.8 million at 30 June 2019. • Total Capital Ratio increased to 162% • $11.9 million in merchant loans at 30 June 2020
Slide 13: Payments - Operational Highlights
Payments - Operational Highlights Transaction Value Churn + Merchant Number Churn (%) COMMENTARY 13.0% NPS Score - 43 (FY19: 37) 12.3% 11.7% 11.7% 11.2% Prompted brand awareness - 14% (FY19: 10%) 9.3% 8.0% Strong customer retention rates Churn by merchant numbers Churn by transaction value Market le
Slide 14: Payments Pre-COVID vs Post-COVID
Payments Pre-COVID vs Post-COVID* Transaction Value Growth FY20 + FY21 Merchant Application Growth - Monthly Analysis 30% 30% 28% Monthly Analysis 26% 1 July 2019 to 30 September 2020 24% 22% 20% 18% 1,133 16% 14% Ave. of 1,000 1,019 12% ~1,000 907 924 11% 10% 8% 9% 781 800 6% 7% 754 5% 508 4% 2% 3%
Slide 15: Payments - New Payments Product Offerings
Payments - New Payments Product Offerings eCommerce Alipay Telehealth 15
Slide 16: Banking - Operational Highlights
Banking - Operational Highlights Loan originations ($’million) Merchant deposits - including term deposits ($’million) $50.5m Average Growth Rate COMMENTARY $37.4m H1 FY17 - H1 FY20 CAGR +127.1% $31.7m $22.7m $20.6m $14.7m $10.5m $26.9m $7.9m $3.2m H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 FY16 FY16 FY17 FY17 F
Slide 17: Trading Update
Trading Update1 Payments business: • Maintained merchant acquisition momentum +33,200 merchants at 30 September 2020 - up 8% on pcp • Transaction value YTD to 23 October 2020 of $6.8 billion, up 5% on pcp › Victoria i 34.5% › NSW h 7.6% • eCommerce transaction value Q1 of FY21 - $6.7 million Banking
Slide 18: Tyro | Bendigo Bank Alliance
Tyro | Bendigo Bank Alliance 18
Slide 19: Thank You
THANK YOU Better business banking with Tyro EFTPOS and eCommerce
Slide 20: Disclaimer
Disclaimer The material in this presentation is general background information about Tyro Payments Limited (Tyro) and is current at the date of the presentation, 27 October 2020. The information in the presentation is given for informational purposes only, is in summary form and does not purport to