Vista Group International Limited logo

Craigs Investment Partners Presentation

Investor Presentation1 May 2024VGLInformation Technology

CIP Update
2May2024

Important Notice
This presentation has been prepared by Vista Group International Limited and

its related companies(collectively referred to as Vista Group).This notice

applies to this presentation and the verbal or written comments of any persons

presenting it.

Information in this presentation:

•is provided for general information purposes only, does not purport to becomplete

or comprehensive, and is not an offer or invitation or subscriptionor purchase of,

or solicitation of an offer to buy or subscribe for, financialproducts in Vista Group;

•does not constitute a recommendation or investment or any other typeof advice

and may not be relied upon in connection with any purchaseor sale of financial

products in Vista Group.The presentation is not intended as investment, legal,

tax, financial advice or recommendation to any person.Independent professional

advice should be obtained prior to making any investment or financial decisions;

•should be read in conjunction with, and is subject to, Vista Group’sfinancial

statements, market releases and information available on Vista Group’s website

(vistagroup.co.nz) and on NZX Limited’s website (nzx.com) under ticker code

VGL;

•may contain forward-looking statements about Vista Group and the environments

in which it operates.Forward-looking statements can include words such as

“expect”, “intend”, “believe”, “continue” or similar words in connection with

discussions of future operating or financial performance or conditions.Such

forward-looking statements are based on significant assumptions andsubjective

judgements which are inherently subject to risks, uncertaintiesand contingencies

outside of Vista Group’s control;

•although VistaGroup’smanagement may indicate and believe theassumptions

underlying the forward-looking statements are reasonable,any assumptions could

prove inaccurate or incorrect and, therefore, therecan be no assurance that the

results contemplated in the statements will be realised. Vista Group’s actual

results or performance may differ materially from any such forward looking

statements; and

•may include statements relating tothepast performanceofVista Group,

whichare not, andshould not be regarded as,a reliable indicatoroffuture

performance.

While all reasonable care has been taken in compiling this presentation, Vista Group,

and their respective directors, employees,agents and advisers accept no

responsibility for any errorsor omissions. Neither Vista Group or any of its respective

directors, employees, agents or advisers makes any representation or warranty,

express orimplied, as to the accuracy or completeness of the information in this

presentation or as to the existence, substance or materiality of any information

omitted from this presentation.No person is under any obligation to update this

presentation at any time after its release.

Unless otherwise stated, all information in this presentation is expressed at the

date of this presentation and all currency amounts are in NZ dollars.

2

Vista Group’s vision is for our digital ecosystem
toconnect the film industry and

power the moviegoer experience

What does Vista Group do?
•46% market share

1


•$US15b+ GTV

2

•Mission critical technology

•Growing film segment

•100+ countries

•Focus on innovation

• Process, data and AI

We provide the

technology solutions

powering the world’s

largest cinema circuits

and film distributors

4

1

Percentage of the world market for Cinema Exhibition Companies with 20+ screens, excluding China and India.

2

Gross transaction value involves management estimates based on publicly listed company disclosure for cinema circuits and general market data.

Loyalty and
engagement

Premiumisation

Operational

efficiency

Revenue &cost

optimisation

Build audience engagement, drive incremental

returns, and boost moviegoer retention

Increase spend per head by developing

premium experiences

Improve labour productivity

Maximiseattendance and revenue

while reducingcosts

The movie

and more

Create memorable experiences

withbroaderentertainment offerings

Strong alignment to industry drivers

Vista Group’s solutions enable clients to capture value

Exhibition

Client

Value

Drivers

Increase in

revenue and

per admit

spend

Reduction in

cost to serve

Operational Excellence
Clear client pathway to Vista Cloud adoption

Delivers early benefits, path and pace tailored to client priorities

Moviegoer EngagementDigital EnablementData Empowerment

Progressive steps through Vista Cloud

Scale to blockbuster

moments and deliver

amazing user experiences

regardless of who builds

your sales channels.

Drive incremental returns

and boost moviegoer

retention and spend with

tailored interfaces,

communications, and offers.

Ensure your team can

serve your guests and

operate your theatres as

efficiently and effectively as

possible.

Understand how you’re

performing, why, and get

bespoke recommendations

to seize every opportunity.

02004006008001,0001,2001,4001,600
Sites

Live NowLive in 24/25ContractingUS Investor Day

Vista Cloud Delivery Pipeline Momentum

On track for ARR

1

of $175m+ at end of 2025

7

1.ARR is Annualised Recurring Revenue, calculated as trailing 3 month Recurring Revenue multiplied by four.

2.Clients currently negotiating an agreement for the service.

3.Site momentum (Live or Signed) reported on page 62 of Vista Group’s US Investor Day presentation held on 13 September 2023.

Vista Cloud

Vista Digital sales

channel solutions

Horizon / Oneview

32

8
1.Recurring Revenue and SaaS Revenue are defined in section 2.1 of the 2023 Annual Report.

2.ARR is Annualised Recurring Revenue, calculated as trailing 3 month Recurring Revenue multiplied by four.

3.EBITDA is a non-GAAP measure and is defined as earnings before net finance costs, income tax, depreciation, amortisation, “other gains and losses”

(see section 2.3 of the 2023 Annual Report) and share of equity accounted results from associates.

4.Operating cashflow has been presented including $5.0m of payments associated with the business transformation and CEO transition.

Financial Highlights

•Strong client momentum

with new signings

•Operating leverage

improves with $10m of

annualised cost savings

•EBITDA

3

expansion as

business transformation

completes

•Recurring and SaaS

Revenue

1

growth

Vista Cloud – The Proof Points
2023

Proving product-market fit

2024

Proving delivery at scale

2025

Delivery at scale, at pace

Watch this space...

That’s all great – but is our opportunity growing?
FY23 Revenue

$143m

100% Platform ARR

aspiration $300m

Ecosystem and stepout expansion opportunities

Includes potential ecosystem and stepout areas such as..

•Marketing

•Film Distribution

•Payments / Ticketing

•Out of Home Entertainment/FEC

Platform Breadth

Time

11
AI

AI-driver solutions to empower our clientsAnd our teams

Oneview
Generative AI

that is useful

Oneview
Generative AI that

speaks your language

15
Questions

Thank You

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.