Playtech : Snaitech Investor event

Playtech : Snaitech Investor event

Playtech plc

PTEC

IM00B7S9G985

Casinos & Gaming

Company Profile

Analysts' Consensus

Playtech plc

Equities

PTEC

IM00B7S9G985

Casinos & Gaming

Company Profile

Analysts' Consensus

Latest news about Playtech plc

Chart Playtech plc

Income Statement Evolution

Ratings for Playtech plc

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Casinos & Gaming

Latest news about Playtech plc

Chart Playtech plc

Income Statement Evolution

Ratings for Playtech plc

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Casinos & Gaming

Market Closed - London S.E. Other stock markets 11:35:25 2024-05-10 am EDT			5-day change	1st Jan Change
481 ^GBX	-2.63%		-0.82%	+7.22%

May. 09	NatWest target raised, other lenders backed	AN
Apr. 29	FTSE 100 as investors look to Fed rate decision	AN

September 22, 2022 at 09:30 pm EDT

Investor & Analyst Day

London, 22 September 2022

Snaitech Presentation Agenda	2

Fabio Schiavolin	Agostino Romano	Edo Rinaudo	Fabio Schiavolin
CEO	Retail Director	CFO	CEO
	Alessandro Graziosi
	Online Director

Snaitech today

Kept all promises from 2018 investor meeting

Promises kept:

H1-22EBITDA: €132m, LTM EBITDA: €263mvs. €180m+ set as medium-termtarget in Nov. 2018
SNAI brand leader both in online and in sports betting (online + retail)

From Investor Presentation Nov. 2018

€180m+

€136m

2017 Medium term target

 San-Siro land disposal	€55m + €20m

Snaitech current trading

Business trend

KPIs and business trend:

Full recovery of Retail business performance (c. 50% of total EBITDA in H1 2022)
Retail Betting license extended for 2 years (expiry June 2024, €11.5m capex per year)
Gaming Machines rights extended for free until June 2023 (to offset lockdown effect)
Transfer of 100% Happybet equity (German and Austrian businesses) under Snaitech from PBS (Playtech B2B), completed in July 2022

Snaitech Financial KPI

Value creation and business model transformation

LTM EBITDA € 263m, more than doubled vs 2016 (o/w +€ 100m vs 2019 pre-covid result)
EBITDA mix change: balanced breakdown by channel and by product
EBITDA mix evolution along different steps of Snaitech journey:

Gaming				Gaming
Machines							Retail
				Machines
67%						Betting
		2016-2019	54%				2020-2022
		Retail			27%

2016	Betting	from Snai turnaround		2019			Digital transformation
18%
			accelerated by
			following Cogetech
	8%	merger until integration			9%	11%	Online	lockdown, SNAI leading
7%	with Playtech				brand, international
	Online
			Betting
		Betting					journey with Happybet
Online				Online
Gaming				Gaming

EBITDA margin on net revenues up to 60% from 39% in 2016
c. €700m free cash generated starting from Dec 2016

Retail	Online
Betting	Betting

21% 29%

2022

LTM

30%

Gaming 20% Online

MachinesGaming

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Playtech plc published this content on 23 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2022 01:29:07 UTC.

NatWest target raised, other lenders backed	May. 09	AN
FTSE 100 as investors look to Fed rate decision	Apr. 29	AN
Playtech expands iPoker network into Czech Republic with Fortuna deal	Apr. 29	AN
Playtech plc Announces the Appointment of Doreen Tan as Independent Non-Executive Director, Effective 9 July 2024	Apr. 25	CI
FTSE 100 Closes Flat After Quiet Session	Mar. 27	DJ
Playtech profit surges as eyes further growth	Mar. 27	AN
The FTSE 100 stays in the red	Mar. 27
Transcript : Playtech plc, 2023 Earnings Call, Mar 27, 2024	Mar. 27
Diploma makes buy; Astra wins Japan drug approvals	Mar. 27	AN
Playtech Posts Growth in FY23 Attributable Profit, Revenue	Mar. 27	MT
Earnings Flash (PTEC.L) PLAYTECH Posts FY23 EPS EUR0.34	Mar. 27	MT
Playtech plc Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
Playtech Partners with Boyd Interactive Gaming, L.L.C. to Launch Games for Stardust Online Casinos in the United States	Dec. 20	CI
Playtech's Pam Solution and Anaxi Class II Slots Games to Further Enhance the Tribal Gaming Experience	Dec. 12	CI
FTSE 100 dips as weaker commodity prices drag	Dec. 04	RE
FTSE 100 slips as miners hold down index	Dec. 04	AN
Miners and oil majors keep lid on FTSE 100	Dec. 04	AN
888 rejects GBP700 million takeover tilt from Playtech	Dec. 04	AN
UK's FTSE 100 falls on energy, miners drag	Dec. 04	RE
888 Holdings Rejected GBP700 Million Playtech Offer in July	Dec. 04	MT
FTSE 100 Closes Up After Bank of England Holds Off Rate Rise	Nov. 02	DJ
Playtech snubbed as Lottomatica subsidiary to buy SKS365 Malta	Nov. 02	AN
Playtech Obtains Anti-suit Injunctions Against Legal Proceedings from Caliplay	Nov. 02	MT
Playtech gets injunction to stop more Caliplay legal proceedings	Nov. 01	AN
NorthStar Gaming Holdings Inc. announced that it has received CAD 10.36748 million in funding from Playtech plc	23-10-30	CI

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Playtech plc is a platform, content, and service provider in the online gambling industry. The Company is focused on delivering business intelligence-driven gambling software, services, content, and platform technology across product verticals, including casino, live casino, sports betting, virtual sports, bingo, and poker. It owns and operates sports betting and gaming brands in online and retail in Italy. The Company's segments include B2B and B2C. The B2B segment includes Casino, Services, Sport, Bingo, Poker and Other. The B2C segment includes Snaitech, Sun Bingo and Other B2C and HAPPYBET. Its cross-platform capability runs via a unified information management system (IMS), which provides operators with the tools to maximize cross-selling opportunities, player loyalty and yield. IMS unifies Playtech products across all channels, including retail, presenting operators with a single account overview, and allowing them to streamline and optimize marketing spend, maximize cross-sell.

Sector

Casinos & Gaming

Calendar

2024-05-22 - Annual General Meeting

More about the company

More financial data

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.589 EUR

Average target price

8.123 EUR

Spread / Average Target

+45.34%

Consensus

Estimates Revisions

Company calendar

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Other Casinos & Gaming

Snaitech overview

Financials

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perspectives