For personal use only. Crowd Mobile (ASX: CM8 & FWB-XETRA: CM3) Investor Presentation December 2015

Transcription

1 Crowd Mobile (ASX: CM8 & FWB-XETRA: CM3) Investor Presentation December

2 Crowd Mobile - What We Do We are focused on the global mobile economy We generate revenue from m-content & m-commerce We receive m-payments directly from Telcos We have connections into 150 telcos in 50+ countries 2

3 Our Company jkhj Listed on the ASX under code CM8 and on Frankfurt/XETRA under code CM3 Our company has been profitable since 2009 and generates free cash flow used for growth Acquisition of Track Concepts, a global m-payments company in October 2015 Combined entity generated FY-15 proforma revenue of A$43.1M and A$15.9M EBITDA 3

4 Corporate Snapshot ASX Code: CM8 & FWB-XETRA: CM3 Ordinary Shares on Issue 154m 7.5m various strike prices 7.5m Market Cap (@ 27cents - $AUD)* Cash at Bank ($AUD) as at 30/11/15 Debt (EUR12.5m) Enterprise Value $41.7m $5.0m $19.2m $60.9m *Closing price at 1st December 2015 $12.7m rights issue completed in October Share price and market cap rising since listing in January

5 A Global Operation Extended Global m-payment Reach Amsterdam, Track Berlin, Marketing 30 Budapest, Operations Headquartered in Melbourne Offices in Amsterdam, Berlin and Budapest Over 65 employees in the group 11 14% 73% 4 1% 6 12% Melbourne, Headquarters Reach into 50 countries globally* 88% of revenue comes from outside Australia Number of countries operating % of revenue contribution * Country Reach signifies the number of countries Crowd Mobile is in across each Continent (unaudited) 5

6 Global Mega Trends We Capitalise On wewe 6.1BN Smartphone subscriptions in TN Global DCB/ PSMS Volumes in BN M-payments transaction value by 2016 Sources: Ericsson; Frost & Sullivan; Gartner 6

7 Crowd Mobile Value Chain Content Creation, Marketing and m-payments In-House Developed Content Licenced Content Single Purchase & Subscription Digital Marketing to acquire customers Aggregated payment Gateways Telcos/Apple/Google Consumers Gateways provide the infrastructure to the Telecom Operators Reach of approximately 1.4billion consumers payment m-payment 7

8 Product Portfolio Diverse range of frictionless Apps Strong in-house content capability Entertaining, high engagement focus Building communities creates stickiness 8

9 Product Portfolio Diversified Product Mix Downloads Downloads consists of content that consumers can download for a fee Content includes games, ringtones, music and videos Downloads available on web, mobile and apps Apps Apps contains applications for consumers smartphones. Capability in both ios and Android for maximum distribution Entertainment Entertainment primarily consists of HTML5 games, music & videos that consumers can play, watch or listen. Games represent a high value segment 9

10 How Our Q&A Apps Work I want to go on holiday to Barcelona. What is the best month to travel on a student budget? We suggest September after the peak season for better priced hostels. There are some great festivals in September. Here are some helpful links: Hostels and all you can eat festival passes. Click to buy* Answering questions Completing micro tasks *Potential to generate revenues via m-commerce affiliate fees 10

11 Increasing Q&A Message Volumes Paid Messages Q1 FY15 to Q1 FY16 2,000,000 1,800,000 1,600,000 Up 108% 1,400,000 1,200,000 1,000,000 12% 800, , , ,000 - Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY million billed messages last year = $13M Reaching 2 million paid messages per quarter 8.0m million billed messages current year run rate 11

12 Our Competitive Advantage Micro job platform and network Answering circa 700k paid questions a month Over 1,000 Experts 30 languages 24/7 platform manages all jobs globally Many years investment in our micro job platform The Crowd Mobile Globally Distributed Workforce Scaleable to any new Apps 12

13 Future Mobile Apps Q&A Apps can be anything on a continuum from Entertainment, Infotainment to Professional services with corresponding increases in price points to customers 13

14 3 rd Party App Strategy Focus on Apps to promote with 3 rd parties Centred around known brands and events Revenue share with the brands signed Numerous others partnerships in pipeline Recent Geordie Shore/Dapper Laughs deal has 7M people social reach 14

15 Proforma FY-15 Financials & November 2015 Combining both CM8/Track ($AUD) AUD - $000s CM8 Track Total Revenue NOV 15** 4.0 Gross profit Expenses EBITDA* Notes: *CM8 accounts underlying EBITDA included. Track accounts are unaudited ** Unaudited November 15 result (first month post acquisition of Track) Rounded to the nearest 000 s AUD/EUR exchange rate (average exchange rate for FY15; Source: OANDA.com) 15

16 Peer Analysis Trading on an attractive valuation CrowdMobile Mobile Embrace Freelancer Moko Mobile MigMe Ticker CM8+ MBE** FLN*** MKB** MIG*** Description M-Content, M-payments & M-commerce Integrated m-payments & marketing Online outsourcing marketplace Mobile apps and social advertising platform Mobile social entertainment FY15 Revenue ($M) FY15 EBITDA ($M) Share Price (cents) 27c 37.5c 173c 3.9c 93c Market Cap/EV ($M) 60.9m+ 148m 825m 31.9m 204m Revenue Multiple 1.4x 4.4x 24.6x 5.1x 34.0x EBITDA Multiple* 3.7x 29.2x N/A N/A N/A Note: All share prices as at closing 1 st December 2015 taken from ASX and in $AUD +CM8 Based on Proforma FY15 Financials excluding shared based payments and acquisition transaction costs / CM8 Market cap = Enterprise Value ** MKB & MBE FY15 Annual Results (excluding share based payments) *** FLN & MIG results 1H15 4D annualised (excluding share based payments) 16

17 Board of Directors Global Experience and Expertise Theo Hnarakis (Non Executive Chairman) Brings a wealth of experience working in the media industry and scaling Australian ASX listed technology businesses. He graduated from The University of SA with a Bachelor of Accounting and has held senior roles with News Corporation, Boral Group, PMP and was the Managing Director and CEO of Melbourne IT until Mr Hnarakis is also a non-executive Director of Newzulu Limited (ASX: NWZ). Domenic Carosa (Executive Director & Group CEO) Over 20 years of experience in technology and ASX listed companies including building destra into the largest independent media & entertainment company in Australia with revenues of over $100M. Domenic is also Non-Executive Director of Shoply Limited (ASX:SHP), and Collaborate Corporation Limited (ASX:CL8). Hans de Back (Executive Director & Track CEO) Has significant experience across multiple high-technology industries including mobile, gaming, and social media. He holds a Masters degree in corporate law from Amsterdam University and has extensive international experience having worked with companies Globally. Mr. de Back is currently the Managing Partner at Incubasia Ventures working with innovative and scalable technology companies. Sophie Karzis (Company Secretary) Member of the Law Institute of Victoria and the Institute of Chartered Secretaries. She is a practising lawyer with over ten years experience as a commercial lawyer, and company secretary and in house counsel for a number of private and public companies. 17

18 Global Executive Team Experienced, Driven, Aspirational Christian Shaw (CFO) Tobias Schlitzke (COO) Iain Clark (CTO) Gregor Cooney (CMO) Over 20 years of ASX, NASDAQ and technology company experience including Moko Social Media (ASX: MKB), Sunshine Heart (NASDAQ: SSH) & icash (ASX: ICP). (Location: Melbourne/ Europe) Manages the growth and operations of the company across multiple countries and time zones. Significant experience in start-up and growth focused roles including Swisscom (Location: Europe) Ensures that Crowd Mobile s core technology platforms globally are running and that new products are released on time. Previously with Goldman Sachs. (Location: Melbourne) Responsible for Crowd Mobile s global expansion strategy including establishing relationships with MTV and other key partners. (Location: Europe) 18

19 2016 Growth Strategy 1. Double the global m-payment distribution network into new regions to increase the addressable market 2. Rollout new apps, maximise impact of current products and license new products 3. Expand 3rd party partnerships such as brand ambassadors or app joint ventures 4. Acquire strategically relevant companies to add customers, products, territories or relationships 19

20 2016 Value Drivers Global consumer footprint generating recurring & diversified revenues Capitalising on the global mega trend for mobile transactions Growing suite of high value products Ongoing micro m-payments from telcos Recurring revenues from Track s Direct Carrier Billing products Joint ventures with major brands for Q&A apps Cashflow to retire debt rapidly and acquire new entities 20

21 Participate in the Future of Mobile Entertainment and Mobile Commerce Contact Domenic Carosa 21

22 Disclaimer & Non-IFRS Information Disclaimer The material in this presentation has been prepared by CrowdMobile Limited (ASX: CM8) ( CM8") and is general background information about CM8 s activities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In particular you are cautioned not to place undue reliance on any forward looking statements regarding our belief, intent or expectations with respect to CM8 s businesses, market conditions and/or results of operations, as although due care has been used in the preparation of such statements, actual results may vary in a material manner. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. Non-IFRS Financial Information CM8 s results are reported under International Financial Reporting Standards (IFRS). This presentation also includes certain non- IFRS measures including, proforma, underlying and look through. These measures are used internally by management to assess the performance of our business and our associates, make decisions on the allocation of resources and assess operational management. Non-IFRS measures have not been subject to audit or review. All numbers listed as reported comply with IFRS. 22