Nazara Technologies Limited
4,739words
20turns
0analyst exchanges
0executives
Key numbers — 40 extracted
80%
INR 820 million
22%
797 million
820 million
3%
459 million
558 million
2%
5%
14%
24%
Guidance — 2 items
Invigorate Core Business
opening
“Company estimates 24 2B eSports : Sportskeeda- Leadership position across multiple sports content 25 2B eSports : Sportskeeda- Sustained revenue and EBITDA growth +53% CAGR 356 281 66.4% 48.4% 37.9% 152 101 136 135 +90% CAGR 937 55.2% 589 40.4% 33.0% 259 143 238 309 Q3FY21 Q3FY22 Q3FY23 9MFY21 9MFY22 9MFY23 Figures in Rs.”
Note
opening
“Nazara has sent intimation in Dec-22 to Dataworkz to acquire additional 22% stake as per SHA New Clients 27 4 Freemium: Nextwave’s WCC Franchise- Cricket Simulation Games with 10 mn MAU 28 4 Freemium: Nextwave: Revenue growth of 38% in 9MFY23 +12% CAGR +21% CAGR 67 187 53 28.3% 51 23.5% 31.3% 128 25.8% 136 13.2% 29.9% Geographical Split (MAU- 9MFY23) 5% Revenue Split (9MFY23) 1% 20% 15 12 21 33 18 56 30% 65% 78% Q3FY21 Q3FY22 Figures in Rs.”
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Risks & concerns — 1 flagged
9.9% in 9MFY22 due to growth investments which resulted in revenue growth of 98% YoY in 9MFY23 • Sportskeeda revenues grew by 59% in 9MFY23, as US revenues grew ~100% during the same period • Gamified early learning: 26% YoY revenue growth in 9MFY23 • Kiddopia subscriber growth back after multiple quarters of decline (due to Apple IDFA).
— Repatriate
Speaking time
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Opening remarks
What we change in our companies
- Board of Directors - Financial Reporting - Capital Allocation Framework Infuse “Nazara DNA”: ü Long Term Mindset ü Driving Profitable Growth ü Enhanced Governance 7 We have successfully deployed the playbook to scale our businesses (1/2) FY22
Revenues
142 mn Launched eSports and MMA Sep’20 MAU: 42 mn Acquired by Sep’19 MAU: 24 mn Strong growth in US Sports- NBA, NFL and MLB Dec’22 MAU: 77 mn Global leader in Wrestling Launched NBA and NFL Sep’21 MAU: 57 mn FY20
Monthly Price
$9.99 #2 Grossing Apps Acquired by Sep’19 Subs: 87k Data driven UA spends Among Top 5 grossing Apps Content Updates
Monthly Price
$6.99 FY18 FY19 FY20 FY21 FY22 and beyond FY20 FY21 FY22 and beyond FY20 FY21 FY22 and beyond 8 We have successfully deployed the playbook to scale our businesses (2/2) 9MFY23 Revenues1: 1,182 mn YoY : 55% 9MFY22
Augmented team
Headcount increased to 72 in Sep’22 from 40 in Sep’21 Built presence in EMEA and increased the number of brands the independent trading desk works with Built demand side products business 9MFY23
Revenues
406 mn YoY : 28% Google play allowed to run pilot of real money games in India 1 million registered users for Classic Rummy 9MFY22
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