Allwyn Results Presentation Deck
Q1 2023 highlights
Strong start to 2023
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Strong financial performance
- Total Revenue +80% YOY
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+17% YOY excluding acquisitions
First time contributions from Camelot UK and Camelot LS Group¹
- Adjusted EBITDA +28% YOY, +20% excluding acquisitions
Adjusted EBITDA margin 43%²
Successfully executing growth strategies
Organic
Strong underlying growth, driven by digital and digitalisation of
physical retail, product and technology innovation
Inorganic
Completed acquisitions of Camelot UK and Camelot LS Group
- Now operating lotteries in seven markets
Issuance of €665m and $700m long-dated bonds post quarter end
- First US-dollar bond, further diversifying funding
- Medium-term maturities repaid
Consolidated Total Revenue
€1,647m
+80% / +17%
vs Q1'22
€347m
Consolidated adjusted EBITDA
vs Q1'22, excl. Camelot
UK and Camelot LS
Group acquisitions
+28% / +20%
vs Q1'22
vs Q1'22, excl. Camelot
UK and Camelot LS
Group acquisitions
Pro-forma LTM consolidated Adjusted EBITDA³
Q1 2023 acquisitions
Camelot UK
Camelot LS Group
1)
In Q1 2023 Allwyn completed the acquisitions of Camelot UK Lotteries Limited ("Camelot UK"), the current operator of the UK National Lottery, and the Camelot Lottery Solutions group of companies ("Camelot LS Group"), the current operator of the Illinois
Lottery, USA, under a private management agreement. The United Kingdom segment is consolidated only from February 2023. Camelot LS Group is consolidated only from March 2023.
Adjusted EBITDA margin calculated as Adjusted EBITDA / Net Revenue.
As if acquisitions were already in effect for the whole LTM period.
€1,444m
Note: unless noted, all financial data presented is not
pro-forma for acquisitions of Camelot UK and Camelot LS Group
and only includes the contribution post date of acquisition
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