Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q3 2024 Earnings Presentation
16 slides from Kambi Group Plc Class B's earnings presentation, Oct 25, 2024
Slide 1: Kambi Group plc Q3 2024 Report
Kambi Group plc Q3 2024 Report 6 November 2024 1
Slide 2: Agenda
Agenda 1. Highlights 2. Financial summary 3. Commercial and strategic updates 4. Summary 5. Q&A 2 Kambi Group plc – Q3 2024 Report CEO Werner Becher, CFO David Kenyon
Slide 3: Highlights
Highlights − Operator turnover increase of 14% despite high operator trading margin of 10.4% − Signed Turnkey Sportsbook partnership with fast-growing Brazilian operator KTO ahead of expected regulated market launch in January 2025 − Agreed multi-year Turnkey Sportsbook partnership extension with Ru
Slide 4: Q3 2024 financial summary
Q3 2024 financial summary Revenue EBITA (acq) Cash €43.0m €4.9m €60.5m Q3 2023: €42.1m Q3 2023: €6.0m Q3 2023: €62.4m 4 Kambi Group plc – Q3 2024 Report CEO Werner Becher, CFO David Kenyon
Slide 5: Operator trading analysis
Operator trading analysis Kambi operators' turnover and trading margin 1100 12.0% 1056 989 1000 11.0% 911 913 900 10.0% 851 789 800 758 9.0% 757 712 704 683 687 700 669 8.0% 656 640 602 600 560 573 7.0% 505 500 6.0% 412 398 387 400 5.0% 300 259 4.0% 200 3.0% Turnover Index Margin% 5 Kambi Group plc
Slide 6: Cash flow
Cash flow €m 65.0 60.0 55.0 50.0 Opening cash Operating profit Amortisation less Amortisation on acquired Working capital, depreciation Tax paid Closing cash development costs intangibles & other 6 Kambi Group plc – Q3 2024 Report CEO Werner Becher, CFO David Kenyon
Slide 7: CEO review: key takeaways three months into the role
CEO review Key takeaways three months into the role Kambi is a business with Important to progress modularisation unrealised potential and diversify revenue streams Near-term Greater efficiency will lead headwinds to navigate to sustainable success 7 Kambi Group plc – Q3 2024 Report CEO Werner Bech
Slide 8: Key commercial & strategic milestones
Key commercial & strategic milestones Multi-year extension Turnkey Sportsbook deal Unveiled expanded First Odds Feed+ deal agreed with RSI signed with KTO Group product portfolio agreed with Hard Rock Digital Q3 Q4 so far Launched in the UK Front End partnership Signed Odds Feed+ with Virgin Bet agr
Slide 9: The home of premium sports betting solutions
The home of premium sports betting solutions Turnkey Odds Feed+ Managed Bet Builder Esports Front End Sportsbook Sportsbook Trading Platform Kambi’s unique position End-to-end Turnkey Each product benefits from Expanded portfolio will Greater product flexibility and Sportsbook is the clear the full
Slide 10: Turnkey Sportsbook: New KTO partnership and RSI extension
Turnkey Sportsbook New KTO partnership and RSI extension − Multi-year online sportsbook partnership agreed with fast- growing Brazilian operator KTO Group − KTO is among the most widely recognised betting and gaming brands in Brazil with a growing customer database − Decision to replace incumbent su
Slide 11: Landmark Odds Feed+ partnership with Hard Rock Digital
Landmark Odds Feed+ partnership with Hard Rock Digital Odds Feed+ agreement also with Rei do Pitaco − First major odds feed partnership agreed with one of the leading sports betting operators in the US − Hard Rock Digital can access Kambi’s full library of high-quality odds, with the ability to revi
Slide 12: Additional commercial updates
Additional commercial updates Cross-sell potential across product portfolio Front End Esports delivered via Shape Games delivered via Abios ⎻ Signed software development kit ⎻ Kambi partner Svenska Spel to leverage partnership with Kambi partner Paf comprehensive esoccer offering ⎻ Fully managed fro
Slide 13: Brazil: The next major market to regulate
Brazil The next major market to regulate − Brazil is currently expected to launch its regulated sports Regulated online sports betting GGR (€bn) betting market in January 2025 4.0 3.5 − VIXIO predicts Brazil will become the largest market in 3.0 Latin America within a year and a €1.6bn GGR market 2.
Slide 14: Summary
Summary Odds Feed+ Strong foundations in Key partner signings partnerships underline place for future success and extensions highlight modularisation as we navigate near- market-leading position opportunity term headwinds 14 Kambi Group plc – Q3 2024 Report CEO Werner Becher, CFO David Kenyon
Slide 15: Q&A
Q&A kambi.com
Slide 16: Thank you
Thank you kambi.com 16