XLMedia Plc · OTC:XLMDF
XLMedia — FY2021 Earnings Presentation
18 slides from XLMedia's earnings presentation, Mar 29, 2022
Slide 1: XLMedia PLC Full Year 2021 Webcast
XLMEDIA PLC WEBCAST . | FULL YEAR 2021s 29 MARCH 2022
Slide 2: Business Highlights
1. BUSINESS HIGHLIGHTS
Slide 3: The Group: Financial highlights FY21
XLMedia | Privileged & Confidential 3 The Group: Financial highlights FY21 12% +21% +78% +24% +47% +612% RMPs Revenue New money EBITDA Adj. EBITDA Net profit 456,379 $66.5 million $42.3 million $10.9 million $17.9 million $5.6 million
Slide 4: Business highlights
XLMedia | Privileged & Confidential 4 • Robust financial performance across FY21, underpinned by strong Business • performance from Sports North America year-on-year revenue increase of 178% • Seasonal growth in 20/21 was 574% highlights • Strategic acquisitions (Sports Betting Dime & Saturday Footb
Slide 5: A strong start to 2022
XLMedia | Privileged & Confidential 5 • Signed key commercial and partnership agreements in North America A strong • • AMNY, leading news site in Manhattan and New York City North American Sports season YOY revenue increase of 574% • 20/21 season generated $5.7 million start to • 21/22 season (yet t
Slide 6: Financial Performance
2. FINANCIAL PERFORMANCE
Slide 7: Verticals: Revenue highlights FY21
XLMedia | Privileged & Confidential 7 Verticals: Revenue highlights FY21* Reshaping growth focus Sports Personal Finance Casino Revenue Share of Group Revenue Revenue Share of Group Revenue Revenue Share of Group Revenue +178% +23% +4% -2% -27% -21% $31.4 million 50% $8.7 million 13% $23.2 million 3
Slide 8: Revenue Mix
XLMedia | Privileged & Confidential 8 Revenue Mix Diversifying Revenue Streams 120% Vertical Business Model Sports Casino Personal Finance Other 70.0m Re vshare Hybrid Fix CPA 100% 6% 5% 60.0m 19.2m 13% 15% 3.1m 80% 50.0m 3.1m 4.3m 9.9m 35% 40.0m 60% 9.7m 58% 30.0m 40% 20.0m 38.7m 33.2m 47% 20% 10.0
Slide 9: EBITDA to Adj. EBITDA Reconciliation
XLMedia | Privileged & Confidential 9 EBITDA to Adj. EBITDA Reconciliation Transformation is driving the adjustments to EBITDA 235 520 17,934 2,102 4,167 Branded Assets Issuance of shares for return for services § Market assessment Portfolio Management § Market sizing § Acquisition Targets § Capital
Slide 10: Business Review
3. BUSINESS REVIEW
Slide 11: Strategy to date
XLMedia | Privileged & Confidential 11 Strategy to date Delivering on our strategy to develop a best-in-class asset base – connecting consumers and brands in high, growth, large, regulated markets FROM TO Non-regulated territories Fully regulated territories, minimising risk of penalisation European
Slide 12: Our Sports business
XLMedia | Privileged & Confidential 12 • Strong performance across NA assets in FY21 (outperformed Our • expectations) Revenue of c. $31.4 million in FY21 (more than double FY20 revenue) Sports • Live in 15 states, including New York (the No. 1 market for legalised sports betting) • Blueprint to bot
Slide 13: Immense NA market potential
XLMedia | Privileged & Confidential 13 Sports betting industry predicted to reach in revenue by 2025 $7bn Immense (source: Morgan Stanley) NA market MT NH ME potential OR MI NY RI MA WY CT • A solid platform for further NA IA PA expansion as the number of NJ OH regulated states increases NV IL IN DE
Slide 14: North America Growth Story
XLMedia | Privileged & Confidential XLMedia North America Growth Story 14 2020 H1 2021 H2 2021 Jan 2022 ACQUIRE CBWG & ACQUIRE SPORTS ACQUIRE SATURDAY EXPAND MEDIA ENTER MARKET BETTING DIME & INC. & ADD AMNY & PARTNERSHIPS AND GROW MEDIA MILE HIGH SPORTS CAPITALISE ON PARTNERSHIPS TO MEDIA REGULATOR
Slide 15: Update on other business areas
XLMedia | Privileged & Confidential 15 • European Casino business delivered performance in line with Update expectations • • Smaller, more efficient cost base Ongoing trading pressures alongside expected tail revenue decline • Finnish Casino assets, as previously highlighted, continue to face tradin
Slide 16: Key Takeaways
4. KEY TAKEAWAYS
Slide 17: Key Takeaways
XLMedia | Privileged & Confidential Key 17 Takeaways The NA business is Regulations drive Positioned to further outperforming expectations new business opportunities capitalise on NA market opportunity Strategic publisher Good progress in Attractive growth prospect rationalisation & as undervalued s
Slide 18: Thank you for your attention
18 XLMedia | Privileged & Confidential Thank you for your attention Upcoming events Contact 19/05/2022 [email protected] Annual Report 2021 www.xlmedia.com 10/06/2022 Annual General Meeting XL Media | Privilege & Confidential