Interim results presentation
September 2021
STRICTLY CONFIDENTIAL
2021 H1 results
Financial highlights: | ||
⚫ Adjusted revenues: | £4.9m | (£3.9m H120*, 28% growth) |
⚫ Loss before tax: | £5.2m | (£5.5m H120) |
⚫ Cash as at 31 August 2020: | £9.0m |
Commentary
- Playstack revenues grew 78% over H120
- Both Oxygen and Vertus will record their first cash generative months in 2021
- Satago's trial with Tier-1 Bank was extended during June 2021 - due to conclude in 2021
* Excluding DFC interest payment of £325,000
STRICTLY CONFIDENTIAL | 1 |
Oxygen: Pivotal moment in the company's history
Highlights
- Oxygen will post its first cash flow positive month during 2021
- 90% of UK transactional revenue over the next 5 years is expected to be contributed by existing clients
£200k | Oxygen quarterly EBITDA | 25 | Oxygen early payment growth | 900 | |||||||||||||
£0k | Aug-21: Contracted | 800 | |||||||||||||||
Five quarters of | 20 | procurement spend of | |||||||||||||||
700 | |||||||||||||||||
positive EBITDA | £22.5bn | ||||||||||||||||
-£200k | |||||||||||||||||
600 | |||||||||||||||||
-£400k | 15 | 500 | |||||||||||||||
-£600k | 10 | Q2-21: £645m of | 400 | ||||||||||||||
annualised | |||||||||||||||||
300 | |||||||||||||||||
-£800k | transaction spend | ||||||||||||||||
5 | 200 | ||||||||||||||||
-£1,000k | |||||||||||||||||
100 | |||||||||||||||||
-£1,200k | 18 | 19 | 20 | 0 | 0 | ||||||||||||
18 | 18 | 18 | 19 | 19 | 19 | 20 | 20 | 20 | 21 | 21 | Dec-15Dec-16Dec-17Dec-18 | Dec-19Dec-20Aug-21 | |||||
Q1- | Q2- | Q3- | Q4- | Q1- | Q2- | Q3- | Q4- | Q1- | Q2- | Q3- | Q4- | Q1- | Q2- | ||||
STRICTLY CONFIDENTIAL | 2 |
Satago has been focused on partnerships during 2021
Highlights | Satago software performance |
⚫ Commercial pilot extended | £700k | 5,000 |
with Tier-1 Bank | £600k | 4,500 |
4,000 | ||
⚫ In discussions with other | £500k | 3,500 |
potential partners | £400k | 3,000 |
⚫ Subscriber numbers | 2,500 | |
£300k | 2,000 | |
expected to grow | £200k | 1,500 |
meaningfully | £100k | 1,000 |
500 | ||
£0k | 0 |
Annualised revenue (£k) | Subscribers (#) | |
STRICTLY CONFIDENTIAL | 3 |
Playstack building upon 2020 success
Highlights
- Mortal Shell continues to perform well and remains a key pillar for the business
- Brand technology launching in Q4 2021 with extensive competitive feature-set
- During September, secured two further distribution deals with global technology partners
- Portfolio of new games building for release in 2022
STRICTLY CONFIDENTIAL | 4 |
Attachments
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Disclaimer
TruFin plc published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 07:31:06 UTC.