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

Presenting Henrik Persson Ekdahl Claes Wenthzel Acting CEO Group CFO

Introducing CTM’s acting CEO 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

Highlights during the third quarter Q3 Revenues NDC 17.3 MEUR 101 K + 6.5 MEUR YoY Revenue Growth EBITDA (adj.) +61% YoY 9.5 MEUR EBITDA Margin 55% [29% organic SEO growth]

Attractive and scalable business model

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

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

SEO revenue growth YoY supported by succesful acquistions and with strong organic growth - Organic - Acquired 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.

Diversification trend continuing Sports representing 21% of revenues

NDC Record 101K NDC +79% YoY

Q3 actions included preparing the company for the next growth phase Q3 ACTIONS Q4 & 2018 Review of organization – set-up and skills CTM is set Leading to for Growth Strategic agenda and goals for the next three years Organic M&A Geo expansion and scouting further targets

CTM started trading Nasdaq Stockholm on 4 th September Quality benchmark § 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

In-house concepts Geo expansion and YouTube channel Existing products Geo expansion Launched in Italy & Germany Launched in Germany

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

M&A – market expansion Japan – Casinoonline.jp Acquisition data NDC ca 600 per Q Revenues ca 350 K EUR per Q FTE 8 Office location Tokyo

M&A – market expansion Australia – bettingpro.com (UK and Aus) Acquisition data NDC 4000 - 6000 per Q Revenues ca 1200 K EUR per Q FTE 30 including freelance Office location London and remote

Events: Pennsylvania online gambling bill The State senate approved the bill OCT 25 th - Fourth US state to be regulated The House approved the law to OCT 26 th - legalize and regulate online gaming Tax levels: OCT 30 th - The Governor signs off on the bill • Online slots 54% • Online poker 16% Expected timeline to launch: • Online table games 16% In 9-12 months • Sportsbetting and DFS (eSports) 36% Strong domains ready to be launched: [further decision expected on Sports and DFS] • PlayPennsylvania.com • PlayUSA.com • USPoker.com • Pokerscout.com Pennsylvania Population: 12.8 M New Jersey Population: 8.9 M Online gambling revenues of <$20 M per month

Financials Q3 2017

Record revenues 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

Transforming the revenue model: Aiming for long-term positive impact REVENUE SHARE CPA FLAT FEES

Total expense-base similar to Q2 EUR 7.8 M 245 PPC + OPEX-base EMPLOYEES Expenses JUL - SEP, 2017 § 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 of listing to NASDAQ Stockholm and re-organization costs.

Record EBITDA Earnings EBITDA (adj.) JUL - SEP, 2017 § Adjusted EBITDA margin at 55%

9.5 MEUR EBITDA (adj) -> 8.8 MEUR reported EBITDA Financial costs JUL - SEP, 2017 JUL - SEP EUR, 000’ 2017 § Interest payable relate to the 100 MEUR EBITDA 8.811 bond Depreciation & Amortisation -1.242 § Other finance cost comprise of notional EBIT 7.569 interest. Interest payable on borrowings -1.717 § Other finance gain relate to realized and Other gains (losses) on financial liability at 250 unrealized gains on foreign exchange. fair value through profit or loss Other financial costs (notional interest) -589 Other finance gains (foreign exchange realized 366 and unrealized) EBT EBITDA EBT 5.879 EUR 5.9 m EUR 8.8 m Earnings per share (before dilution) 0.103 EUR

Strong balance sheet Balance Sheet – Key Highlights 30 Sep 31 Dec 2017 2016 € '000 € '000 Financial position ASSETS Non-current assets Goodwill 7 333 7 333 30 September 2017 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 29.5 36.9 Receivables and other 14 831 13 162 Total current assets 44 339 57 874 MEUR MEUR Total assets 221 268 137 142 EQUITY AND LIABILITIES Equity 74 035 53 835 Amounts committed Cash and cash equivalents on acquisition Liabilities Non-current liabilities Borrowings 102 000 50 500 Amounts committed on acquisition 13 067 6 195 100 Deferred tax liabilities 4 176 2 171 Total non-current liabilities 119 243 58 866 MEUR Current liabilities Amounts committed on acquisition 23 876 20 741 Trade and other payables 4 113 3 700 Bond commitment Total current liabilities 27 990 24 441 Total liabilities 147 233 83 307 Total equity and liabilities 221 268 137 142

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

Capital Markets day 6 December 2017 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

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