Attached files
| file | filename |
|---|---|
| 8-K - 8-K CURRENT REPORT EARNINGS RELEASE Q3 FY17 - MoneyOnMobile, Inc. | a8-kearningsreleaseq3fy17.htm |
| EX-99.1 - EXHIBIT 99.1 UNAUDITED Q3 FY17 EARNINGS RELEASE ANNOUNCEMENT - MoneyOnMobile, Inc. | prunauditedq3fy17earningsr.htm |
Q3
Earnings Call
Feb 14, 2017
DALLAS, TEXAS,
USA
QTCQX: MOMT | http://Investors.MoneyOnMobile.in
This presentation and comments
made by management may contain
forward-looking statements that
involve a number of risks and
uncertainties associated with our
business.
The factors that could cause our
actual results of operations to differ
materially from any forward-looking
statements by our management are
detailed in our most recently filed
Form 10-K or
10-Q’s as applicable.
We undertake no obligation to revise
any of these statements to reflect
future circumstances or the
occurrence of unanticipated events.
Safe Harbor
Provision
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 2
Business
Update
Business Highlights
Operational Overview
Operating
Environment
Money On Mobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 3
Agent Assisted Transactions
Consumer
Needs to pay a bill or remit
money across the country
Agent
Uses MoneyOnMobile
to perform financial transactions
₹
CASH
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 4 4
Results To Date
LARGEST AGENT NETWORK
SERVED TO DATE
WIDE RANGE OF
TRANSACTIONS ₹
5
Overnight, the
Indian Prime Minister
killed 86% of the
nation’s currency.
DEMONETIZATION
Old Notes
New
Notes
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 6
Long bank lines
&
Cash shortage
RESULT
7
Our Services
In Action
New MOM ATM:
Cash Out Service
8
Our Services
In Action
New MOM ATM:
POS Service
9
Our Services
In Action
New MOM ATM:
Features
Cash out, like an ATM
In-store purchases
ATM with no machines
Cash comes from merchants
till
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 10
James McKelvey
on MOM ATM
MOM Director &
Co-Founder of Square,
one of the fastest growing
technology companies
in the US
11
Management Team
Alumni of IIM Lucknow with over 20
years of experience out of which
7 years in the payment space
Ranjeet Oak
Founder & President · India
Stanford University MBA, 1985
Started in Payments in 1987
Harold Montgomery
CEO · USA
12 years of experience in the payment
space with Easy Bill & FinoPaytech
Vimal Dhar
Strategic Relationships · India
COO, MasterCard Mobile Money JV
Launched Mobile Money in Egypt &
Turkey
Will Dawson
EVP Mobile Money · USA
Qualified Chartered Accountant since
Nov 1984 with 37th rank in All India CA
Exams
Shailesh Narang
CFO · India
Stanford University BA, 1984
10 years Bank of America Group CFO
Scott Arey
CFO · USA
25 years of experience building
businesses including Value Added
Services in the Telecom Sector
Jolly Mathur
Founder & Director · India
Co-Founder of Square, one of the fastest
growing technology companies in the US
Jim McKelvey
Director · USA
18 years of experience in the fields of
Telecom and IT. Launched Motorola’s
wireless products in India
Rajat Sharma
Founder & Director · India
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 12
Financial
Overview
Processing Volume Trend
Selected Financial Overview
Revenue Trend
Margin Trend
Money On Mobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 113
Q3 2017 Q3 2016
Net Revenue $ 0.97 $ 1.61
Total Cost of Revenues 0.39 0.72
Gross Profit 0.58 0.89
Gross Profit Margin 59.4% 55.4%
Q3 FY 2017 Financial Performance
As
Reported
Currency
Neutral
-40% -37%
-45% -43%
-35% -33%
3.9 ppts 3.9 ppts
Amounts shown in US$ millions (unaudited)
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 14
Processing Volume Trend
Quarterly Processing Volumes in US$ (unaudited)
2015
Q4
2016
Q1
2016
Q2
2016
Q3
2016
Q4
2017
Q1
2017
Q2
2017
Q3
50
300
250
200
150
100
0 $67 $108 $154 $216 $276 $224 $140 $109
M
il
lion
s
50% decline in Q3 ‘17
processing volume
over Q3 ‘16
Team focused
on Margin
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 15
Revenue Trend
Quarterly Revenues in US$ (unaudited)
2015
Q4
2016
Q1
2016
Q2
2016
Q3
2016
Q4
2017
Q1
2017
Q2
2017
Q3
2.5
2.0
1.5
1.0
0.5
0 $1.7 $1.3 $1.4 $1.6 $2.0 $1.4 $1.1 $1.0
M
il
lion
s
40% decline in Q3 ‘17
Revenue over Q3 ‘16
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 16
Margin Trend
Quarterly Gross Margin in US$ (unaudited)
2015
Q4
2016
Q1
2016
Q2
2016
Q3
2016
Q4
2017
Q1
2017
Q2
2017
Q3
75
%
60
%
45
%
30
%
15
%
0%
Q3 ’17 Gross Margin
was 59% (up 3.9 ppts)
over Q3 ‘16
41% 41%
47%
55%
41%
53% 54%
59%
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 17
Looking
Ahead
Upcoming Changes
Q4 2017 Thoughts
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 18
Growth Since Cash Re-Entered
Processing Volume in INR
119% Growth
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 19
MOM ATM Enabled Retailers
Dec 3, 2016 – Jan 23, 2017
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 20
Potential for MOM ATM
MoneyOnMobile Q3 2017 Earnings Call · February 14, 2017 · http://investors.moneyonmobile.in 21
Q3
Earnings Call
Feb 14, 2017
DALLAS, TEXAS,
USA
QTCQX: MOMT | http://Investors.MoneyOnMobile.in