Presenting Henrik Persson Ekdahl Claes Wenthzel Acting CEO Group - - PowerPoint PPT Presentation

Presenting Henrik Persson Ekdahl

Acting CEO

Claes Wenthzel

Group CFO

Previous assignments Co-Founder Optimizer Invest Chairman/Founder of Betit Holding CEO of Betsson Group CEO of Betsafe.com CEO/Founder BestGames Holdings Education MBA BA in Business Administration

Introducing CTM’s acting CEO

Q3 Revenues 17.3 MEUR

+ 6.5 MEUR YoY

Revenue Growth +61% YoY

[29% organic SEO growth]

NDC 101 K

EBITDA (adj.) 9.5 MEUR

EBITDA Margin 55%

Highlights during the third quarter

Attractive and scalable business model

§ Key performance indicators § Q3 Activities § M&A in Q3 § Update on regulation in Pennsylvania § Financials § Capital markets day

Agenda

Search revenue record Q3 at 84% growth YoY (29% organic growth)

SEO revenue growth YoY supported by succesful acquistions and with strong

• rganic growth

Organic Growth description Increase in revenues adjusted for acquired portfolios and products. Organic growth includes growth in acquired portfolios from the date of acquisition.

• Organic
• Acquired growth

Diversification trend continuing Sports representing 21% of revenues

NDC Record 101K NDC +79% YoY

Q4 & 2018 CTM is set for Growth Organic M&A

Leading to

Review of organization – set-up and skills Strategic agenda and goals for the next three years Geo expansion and scouting further targets

Q3 ACTIONS

Q3 actions included preparing the company for the next growth phase

§ Act as a quality benchmark to external parties such as regulators, suppliers and partners § Improved liquidity in the share § Attract a broader investor base including: * Institutional investors * Foreign funds and investors

CTM started trading Nasdaq Stockholm on 4th September Quality benchmark

Launched in Italy & Germany Launched in Germany Existing products Geo expansion

In-house concepts Geo expansion and YouTube channel

In-house concepts Geo expansion and YouTube channel

New products AskFans YouTube channel

Very-strong company culture Employer of the Year, Equality Certified

Very-strong company culture New offices Malta – Belgrade – Tokyo

Acquisition data

NDC ca 600 per Q Revenues ca 350 K EUR per Q FTE 8 Office location Tokyo

M&A – market expansion Japan – Casinoonline.jp

Acquisition data

NDC 4000 - 6000 per Q Revenues ca 1200 K EUR per Q FTE 30 including freelance Office location London and remote

M&A – market expansion Australia – bettingpro.com (UK and Aus)

Pennsylvania Population: 12.8 M New Jersey Population: 8.9 M Online gambling revenues of <$20 M per month Tax levels:

• Online slots 54%
• Online poker 16%
• Online table games 16%
• Sportsbetting and DFS (eSports) 36%

[further decision expected on Sports and DFS]

Pennsylvania online gambling bill Fourth US state to be regulated

The State senate approved the bill The House approved the law to legalize and regulate online gaming The Governor signs off on the bill Events: OCT 25th - OCT 26th - OCT 30th - Expected timeline to launch: In 9-12 months Strong domains ready to be launched:

• PlayPennsylvania.com
• PlayUSA.com
• USPoker.com
• Pokerscout.com

Financials

Q3 2017

JUL - SEP, 2017 § Revenues totaled 17.3 MEUR, a YoY increase of 61% § Continued focus on building a solid revenue share base. § Paid revenues at the same level as Q3 LY, impacted by reduction in events in the first few months of the quarter. § All time high search revenue in the quarter

Record revenues

REVENUE SHARE CPA FLAT FEES

Transforming the revenue model: Aiming for long-term positive impact

JUL - SEP, 2017

Expenses

§ Payroll costs contained despite increase in headcount. § Increase in OPEX due to office move in Malta. § Spending controls in place to ensure PPC deliver and maintain margins. § One-off costs relate to the change

• f listing to NASDAQ Stockholm

and re-organization costs.

EUR 7.8 M PPC + OPEX-base

245

EMPLOYEES

Total expense-base similar to Q2

§ Adjusted EBITDA margin at 55%

EBITDA (adj.)

JUL - SEP, 2017

Earnings Record EBITDA

EUR, 000’

JUL - SEP

2017

EBITDA 8.811 Depreciation & Amortisation

• 1.242

EBIT 7.569 Interest payable on borrowings

• 1.717

Other gains (losses) on financial liability at fair value through profit or loss 250 Other financial costs (notional interest)

• 589

Other finance gains (foreign exchange realized and unrealized) 366 EBT 5.879 Earnings per share (before dilution) 0.103 EUR

EBITDA

EUR 8.8 m

EBT

EUR 5.9 m

§ Interest payable relate to the 100 MEUR bond § Other finance cost comprise of notional interest. § Other finance gain relate to realized and unrealized gains on foreign exchange.

9.5 MEUR EBITDA (adj) -> 8.8 MEUR reported EBITDA

JUL - SEP, 2017

Financial costs

Cash and cash equivalents

36.9

MEUR

29.5

MEUR

Amounts committed

• n acquisition

30 Sep 31 Dec 2017 2016 € '000 € '000 ASSETS Non-current assets Goodwill 7 333 7 333 Other intangible assets 165 829 71 168 Property, plant and equipment 3 178 766 Other investments 589

• Total non-current assets

176 929 79 267 Current assets Cash and cash equivalents 29 508 44 713 Receivables and other 14 831 13 162 Total current assets 44 339 57 874 Total assets 221 268 137 142 EQUITY AND LIABILITIES Equity 74 035 53 835 Liabilities Non-current liabilities Borrowings 102 000 50 500 Amounts committed on acquisition 13 067 6 195 Deferred tax liabilities 4 176 2 171 Total non-current liabilities 119 243 58 866 Current liabilities Amounts committed on acquisition 23 876 20 741 Trade and other payables 4 113 3 700 Total current liabilities 27 990 24 441 Total liabilities 147 233 83 307 Total equity and liabilities 221 268 137 142

Balance Sheet – Key Highlights

Strong balance sheet

30 September 2017

Financial position

Bond commitment

100

MEUR

§ Continued strong underlying growth with record SEO revenues § OPEX stabilising § Ready for Olympics and World Cup 2018 § Strong M&A pipeline

Summary Key take-aways

Welcome to attend our Capital Markets day 2017 or join our live stream! § When: Wednesday 6 December at 13.30 – 16.30 CET § Where: Fotografiska, Stockholm (live stream via videolink also available) § Who: Meet C-level and operational management from different offices and departments Enroll via email: ir@catenamedia.com

Capital Markets day 6 December 2017

Thank you

Year-end report 2017 will be presented Feb 7, 2018