Craigs Investment Partners Presentation
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.