Fonix Plc · LSE:FNX
Fonix — FY2024 Earnings Presentation
22 slides from Fonix's earnings presentation, September 2024
Slide 1: Investor Briefing
Investor Briefing Final Results Presentation Year ended 30 June 2024
Slide 2: The Business
The Business Rob Weisz Chief Executive Officer Fonix Investor Briefing September 2024 2
Slide 3: Executive Summary
Executive Summary Trading exceeded initial Continued strong growth expectations for the year in international markets Key segments of payments & Increased dividend in line with messaging have continued to progressive dividend policy grow strongly Growth strategy continues to Increased product invest
Slide 4: What we do and how
What we do and how Clients / Users Consumer services Consumer experience Marketing Messaging Payment Payments connections connections Integrations Voting Campaign Manager Text the studio Features Notifications Marketing Interactive campaigns campaigns Donations Winner Donation Competitions & gift ai
Slide 5: The Product & Technology
The Product & Technology A market leading payments and messaging platform built by industry experts Live broadcaster voting Highly scalable cloud based technology Robust, secure & reliable Online payment New Advanced with 100% uptime throughout year portals Product campaign scheduling Releases Comme
Slide 6: Financial Update
Financial Update Michael Foulkes Chief Financial Officer Fonix Investor Briefing September 2024 6
Slide 7: Operational Highlights
Operational Highlights Key achievements for the year ended 30 June 2024: Product innovation >12% Gross profits from overseas International investment 100% Platform uptime Expanded team 99% Income of a repeating nature Fonix Investor Briefing September 2024 7
Slide 8: Key Performance Indicators
Key Performance Indicators Financial and operating key performance indicators for the year ended 30 June 2024: TPV1 Gross Profit £303m £17.9m + 13% YOY + 19% YOY Adjusted EBITDA2 Adjusted PBT3 £13.7m £14.0m + 18% YOY + 27% YOY 1 TPV means the Total Payment Value and represents the gross value of con
Slide 9: Trading Growth YOY
Trading Growth YOY Financial performance Revenue, gross profit and adjusted EBITDA (July 2017 to June 2024) growth all in line with expectations. Once again, YoY growth in H1 was higher than H2, due to some seasonality with our media customers. However, this was in line with management expectations
Slide 10: Segmental Analysis
Segmental Analysis Gross profit continues to be the business’ most important financial FY24 FY23 Change Share of Revenue £'000 £'000 YoY FY24 indicator as this represents the company’s share of revenue for Mobile payments 54,199 47,607 14% 71% processing mobile payments and SMS messages. Mobile mess
Slide 11: Financial Performance
Financial Performance FY24 FY23 Change Gross profit growth of 19% YOY, driven primarily by increased income in media sector, with strong Financial Performance £'000 £'000 YoY international growth and expansion in messaging services. TPV 303,300 268,100 13% Adjusted operating expenses increased 20%,
Slide 12: Cashflow
Cashflow Underlying Underlying Underlying cash shows the business’ true Actual cash Actual Cash cash cash available cash flow and excludes cash held on FY24 FY23 FY24 FY23 behalf of customers. Underlying cash continued Actual & underlying cash flow £'000 £'000 £'000 £'000 to grow in the period drive
Slide 13: Strategy Update
Strategy Update Rob Weisz Chief Executive Officer Fonix Investor Briefing September 2024 13
Slide 14: Growth Strategy
Growth Strategy Recurring client Existing clients Sector focused revenues Retain, innovate and grow New clients & strong pipeline of Delivering business that provides long prospects term predictable revenues International expansion Product expansion Focus on replicating core Robust technology and ne
Slide 15: Disciplined Sector Focus
Disciplined Sector Focus Charity Transport Media Gaming & Ticketing Payments & interactivity Mobile donation Payments & Payments for e-mobility for TV & radio technology gaming operators and parking • £174m+ UK TV engagement • £13.9bn donated in the UK (1) • £15bn+ UK gambling market (3) market (2)
Slide 16: Outlook
Outlook Rob Weisz Chief Executive Officer Fonix Investor Briefing September 2024 16
Slide 17: Executive Summary
Executive Summary Trading Trading exceeded initial expectations for the year Growth Continuing to grow existing accounts and win new accounts in our core sectors Investment Investing in growth with increased spend on product and international exploration International Imminent launch of interactive
Slide 18: Thank you for your time
Thank you for your time 18
Slide 19: Appendix
Appendix 19
Slide 20: The Team
The Team Board Ed Spurrier Carmel Warren Will Neale Chair Non-executive Director Non-executive Director Rob Weisz Michael Foulkes Senior CEO CFO Leadership Francesca Gangemi Marcus Kern Louisa Harris Steve George Clare Charles Anthony Baladi Director of Technology Head of Tech Operations & Client Su
Slide 21: Balance Sheet
Balance Sheet FY24 FY23 Change Balance sheet £'000 £'000 YoY Intangible asset 1,606 1,239 30% Right of use asset 286 42 576% Tangible assets 30 28 8% Trade and other receivables 35,947 36,058 0% Cash and cash equivalent (actual cash) 26,480 20,648 28% Total assets 64,349 58,015 11% Current liabiliti
Slide 22: The Market
The Market App Stores & Global Players High Value Brand Opportunities Content Market Low Value Ring Tones Wallpapers Diets Funny Videos Emerging Markets Fonix Investor Briefing September 2024 22