nio inc. - meetmax
TRANSCRIPT
NIO INC.
DNB Markets SME Conference24 March 2015
NIO INC.
• Nio has been a pure internet gaming company since 2011.
• Current activities whitin iGaming and sportsbetting - own brand Betspin.com.
• Purchase of Gaming Innovation Group in Q1 2015, strengthening Nio’s iGaming position, capabilities and value creation potential
• Pursuing an integrated strategy for developing owned technology and applications fit for the entire iGaming value chain.
GAMING INNOVATION GROUP OUR STORY
Robin Eirik ReedCEO
AN IGAMING COMPANY
IGAMING Is the Industry naming convention of Internet Gambling
VERTICALS are Sportsbetting, Bingo, Poker, Casino, Lotteries, Skillgames, Financial betting & scratchcards
Gambling loss = Real money Bets - Wins
Gambling loss = Real money Bets - Wins
Gross Win = Gross Win interactive
GAMING INNOVATION GROUP
GIG KPIS
2012EUR ‘000
2013EUR ‘000
2014EUR ‘000
REVENUES 1.412 5.369 13.064
EBIT 337 200 (90)
FTE 7 15 35
ACTIVE REAL MONEY PLAYERS Q4
0 9,657 20,584
THE GIG MODEL
PROPRIETARYPLATFORM
GAMING SERVICEPROVIDERS
B2C
3RD PARTYSERVICES
PAYMENTPROVIDERS
BetGeniusNet Entertainment
Williams InteractiveMicroGaming
EvolutionIGT
BetsoftQuickSpin
NYXNektan
LeanderEdict
PlayNGoOdobo
Income AccessSendgridLiveChat
PayPointWorldPay
PaySafeCarduKash
MoneyBookersNetellerTrustly
EUTeller
B2B
MARKETING
IGAMING VALUE CHAIN
Bets – Wins = Revenue. Split Between:
GiG is branching out rapidly, in a logical manner, to draw synergies and improve margins.
MARKETINGCHANNELS
WHITELABELS/ OPERATORS
PLATFORMPROVIDER
PAYMENTPROVIDER
GAMINGSERVICE
PROVIDER
MARGINS
2014 (RATIO VS REV.)
REVENUES MEUR 13.0
DIRECT EXPENSES MEUR 6.6 50.7%
GROSS PROFIT MEUR 6.4
MARKETING MEUR 3.5
EBIT MEUR 0.1
By increasing volumes and bringing platform services in-house we are able to decrease the direct expenses from 50.7% to 20%.
SCALABILITY
MANAGEMENT TEAM GIG
Robin ReedFounder / Director GiG
8 years experience from founding and operating several iGaming related businesses. Started as a community manager before venturing into business development and entrepreneurship. Working as the Managing Director for Gaming Innovation Group and Guts.com.
Showed early entrepreneurship founding and running a major poker community and affiliate site for 15 years. Has hosted Europe’s biggest national poker championships for 13 years running. Naturally progressed to the operator side of the iGaming industry as well and today works as Head of Affiliates at Guts.com.
BCM from Lincoln University New Zealand, with 7 years based in Las Vegas, Nevada prior to moving to online gaming in 2007. Most recently Ben served as the Head of Casino for Nordic Gaming Group prior to joining Gaming Innovation Group in 2013.
Recognized for his sportsbook skills at an early age Anders was drafted straight after high school to the recently acquired Nordic Gaming Group. Following Nordic Gaming Anders went on to found and global brand Betsafe prior to joining Gaming Innovation Group in 2013.
Winner of the Microsoft RAD Architecture Award for Europe, Asia and the Middle East Mike developed solutions and scheduling algorithms for EWS Railways and Marks and Spencer. Prior to joining Gaming Innovation Group in 2011 Mike was working with Maranello (Ferrari) Spa, VW Bank and Stylus.
Maria obtained the ACCA Degree while working as a senior auditor with one of the “Big 4” audit firms. Maria joined Gaming Innovation Group in 2010 and is a registered auditor with the Malta Accountancy Board.
International marketing professional having served as Marketing Director at Nokia in New York and London, and developed digital experiences in start-ups and agencies in Amsterdam and Helsinki. Prior to joining Gaming Innovations Group in 2014 Katja held the position of Director of CRM at Betsson Group.
Introduced to iGaming in 2008 and obtained his skills while working himself up from Customer Support into Head of Customer Operations at Nordic Gaming Group. Tony joined Gaming Innovation Group in 2013 where he oversees risk, fraud and customer support.
Frode FagerliFounder / Head of Affiliation
Ben ClemesPartner / MD iGaming Cloud
Anders BerntsenPartner / Head of Sportsbook
Mike BroughtonPartner / CTO
Maria AbelaCFO
Katja LaaksonenCMO
Tony KjäldströmPartner / Head Of Customer
Operation
“We like to think that for every day we are live, we are changing the igaming industry”
Source: Interview www.iGaming.org Agst 2013
SHAREHOLDING NIO
• Nio Inc. is a US Delaware company incorporated in 1992.
• Listed on the Oslo Stock Exchange from 2005.
• Current number of shares outstanding: 200,974,952
• Number of shares outstanding incl. GIG transaction: 501,099,952
• Outstanding warrants: 4,868,334 (strike NOK 1.30/1.50)
• Earn out shares GIG: 125,000,000 (pending performance in 2015 & 2016)
• No. of shareholders: ~2,900
• Largest shareholders:
- Super Innovative Limited (Robin Reed) – 10.5% - Frode Fagerli – 8.8% - Hans Michael Hansen – 8.3%
THANK YOU!
HAVE A LOOK ATwww.nio-inc.comwww.gaminginnovationgroup.com
Mail our Investor Relation department: [email protected]
CEO NIO - KJETIL AASENPhone: +47 9269 5005Mail: [email protected]
CEO GIG – ROBIN REEDPhone: +356 9999 0382Mail: [email protected]