Gratifii Ltd · ASX:GTI
Gratifii — Investor Presentation (June 2023)
12 slides from Gratifii's investor presentation, Jun 13, 2023
Slide 1: Market Update and Equity Raise Presentation
MARKET UPDATE AND EQUITY RAISE PRESENTATION Gratifii Limited (ASX: GTI) 13 June 2023
Slide 2: Disclaimer
Disclaimer All currency amounts in this presentation are in Australian Dollars (AUD). This presentation has been prepared by Gratifii Limited (ABN 47 125 688 940) (“Gratifii”). Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set
Slide 3: Transformational 3-year contract signed with RACV
Transformational 3-year contract signed with RACV expected to generate approx $8.8 million in additional inflows in FY24,* a 42% increase KEY RELATIONSHIP • Gratifii has provided rewards • Gratifii has signed an additional 3-year contract with RACV, with the services to RACV's 2.1 option to extend f
Slide 4: Contract forecast cashflows
Contract forecast cashflows* $m FY24 (f) FY25 (f) Inflows SaaS Licence Fees 0.28 0.40 Rewards 6.04 8.75 3rd Party Rewards 0.51 0.95 Travel 2.00 2.90 Total Inflows 8.83 13.00 • SaaS Licence Fees is the contracted revenue from implementation of Gratifii’s Mosaic loyalty platform under the new three-ye
Slide 5: Gratifii's largest SaaS contract to-date
Gratifii’s largest SaaS contract to-date is expected to enable the scale and required platform development to deliver positive cashflows within FY24 for Gratifii • Gratifii will manage a three stage project to deliver the extended functionality required by RACV : • The build will include 3 phase int
Slide 6: FY23 H2 YTD has delivered continued revenue growth and client implementations
Company update: FY23 H2 YTD has delivered continued revenue growth and client implementations • FY23 4Q expected to be 10th consecutive record quarter of cash receipts, with 4Q revenue already exceeding Q3 after two months • Key client delivery highlights during current quarter include: Client Key d
Slide 7: Strategic Rationale
STRATEGIC RATIONALE Gratifii is to undertake an equity raising to accelerate its growth and profitability. Proceeds will enable the company to accelerate and deliver its strategic priorities. TRANSFORMATIONAL IMPROVED SCALE GROWTH CASHFLOW BENEFITS Opportunity to increase sales to Strengthen Signifi
Slide 8: Overview Of Equity Raising
Overview Of Equity Raising 1. Institutional placement to eligible institutional, sophisticated and professional investors to raise $1.84m (Tranche 1). Offer Structure 2. A deferred shares issue to raise $0.91 million subject to shareholder approval at an EGM in August 2023 (Tranche 2). $1.84 million
Slide 9: Transaction funding
Transaction funding Sources and uses of funds SOURCES $m 1. Tranche 1 1.84 2. Tranche 2 0.91 Total sources 2.75 USES $m 1. Capitalised technology development 0.75 2. Inventory purchasing to support 0.75 contract 3. Spendless acquisition* 0.20 4. Working capital 0.85 5. Approximate transaction costs
Slide 10: Key risks
Key risks This section sets out s o m e of the potential risks associated with Gratifii’s business, the industry in which it operates, a n d the risks associated with a n investment in its shares. Gratifii is subject to risk factors that are both specific a n d those that are more general in nature.
Slide 11: Key risks
Key risks OPERATIONAL RISKS Execution of business Gratifii’s growth and financial performance is dependent on its ability to successfully execute its business and growth strategy and growth objectives strategy. This will be impacted by a number of factors, including Gratifii’s ability to scale up it
Slide 12: Key risks
Key risks OPERATIONAL RISKS (CONTINUED) Competition Gratifii operates in an industry that is subject to significant change, driven by factors including advancements in technology and changing consumer behaviours. The barriers to entry into the industries that Gratifii operates in are not high, and t