Allwyn Results Presentation Deck
Q1 2023 financial highlights
Strong start to 2023
• Total Revenue +80% YoY reflects strong organic growth and
consolidation of acquisitions
●
- Total Revenue +17% YoY in existing geographies
Continued progress in organic growth initiatives
Some impact from COVID in prior year
Continued good profitability
- Consolidated adjusted EBITDA +20% YoY in existing geographies
- Adjusted EBITDA margin lower YoY owing to mix effects arising from
different business models/ growth ramp up of recent acquisitions¹
- Similar margin YoY across existing geographies (Austria +1pp,
Czech -2pp, Greece & Cyprus2 and Italy ~stable,)
Strong cash flow generation
Q1 2023 Adjusted Free Cash Flow³ at €322m
●
• Consolidated Net debt / Pro forma LTM Adjusted EBITDA of 1.2x at 31
March4
Consolidated Total Revenue
€1,647m
€347m
Consolidated Adjusted EBITDA
€2,000m
+80% / +17%
vs Q1'22
Pro rata Total Revenue
€280m
13
Note:
1) Recent acquisitions includes Camelot UK, Camelot LS Group (together the Camelot Acquisitions) and equity interest in Betano 2) Greece & Cyprus excluding equity-accounted share of net income of Betano in Q1 2022
3) Adjusted Free Cash Flow calculated as (Adj. EBITDA - Capex) 4) Reflecting the pro forma effects of the Camelot Acquisitions
vs Q1'22, excl. Camelot
UK and Camelot LS
Group acquisitions
+28% / +20%
vs Q1'22
Pro rata Adjusted EBITDA
vs Q1'22, excl. Camelot
UK and Camelot LS
Group acquisitions
+176%
vs Q1'22
+62%
vs Q1'22
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