Everi : Investor Presentation – March 2021








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Investor Overview

Including Results of Operations for the

period ended December 31, 2021

© 2022 Everi Holdings Inc.

SAFE HARBOR DISCLAIMER

Forward-Looking Statements

This presentation contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements address our expected future business and financial performance, and often contain words such as “goal,” “target,” “indication,” “future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “project,” “may,” “should,” “designed to,” “in an effort to,” “will provide,” “look forward to,” or “will” and similar expressions to identify forward-looking statements. These statements are based upon management’s current expectations, assumptions, and estimates; and although the Company believes the forward-looking statements are reasonable, they are not assurances of timing, future events, or performance. Actual results may differ materially from those contemplated in these statements, due to risks and uncertainties. Examples of forward-looking statements include, among others, statements we make regarding our ability to recover from the impact of the COVID-19 global pandemic and maintain growth; our ability to grow from new customer wins, new property openings, and the entrance into new product categories combined with new products like QuikTicket® and CashClub Wallet®; opportunities for expansion into new markets, including international opportunities; our positioning for the future; the recurring nature of our revenues; expected key initiatives to deliver ongoing operating and financial improvements, regain revenue momentum, sustain overall growth, generate Adjusted EBITDA and free cash flow, and improve the Company’s capital structure; our ability to drive growth in sales of Games units and FinTech hardware, the installed base, and Daily Win per Unit; our projected financial performance and credit statistics; and our ability to execute and create incremental value for our shareholders, as well as statements regarding our expectations for the industry environment and the adoption of our products and technologies.

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SAFE HARBOR DISCLAIMER

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, these statements are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are often difficult to predict and many of which may be beyond our control. Our actual results and financial condition may differ materially from those indicated in forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, without limitation, the impact of the ongoing COVID-19 global pandemic on our business, operations and financial condition, our history of net losses and our ability to generate profits in the future; our debt leverage and the related covenants that restrict our operations; our ability to generate sufficient cash to service all of our indebtedness, fund working capital, and capital expenditures; our ability to withstand unanticipated impacts of a pandemic outbreak of uncertain duration; our ability to withstand the loss of revenue during the closure of our customers’ facilities; our ability to maintain our current customers; our ability to compete in the gaming industry; our ability to execute on mergers, acquisitions and/or strategic alliances, including the timing and closing of acquisitions and our ability to integrate and operate such acquisitions consistent with our forecasts; our ability to access the capital markets to raise funds; expectations regarding our existing and future installed base and win per day; expectations regarding development and placement fee arrangements; inaccuracies in underlying operating assumptions; expectations regarding customers’ preferences and demands for future gaming offerings; expectations regarding our product portfolio; the overall growth of the gaming industry, if any; our ability to replace revenue associated with terminated customer contracts; margin degradation from contract renewals; technological obsolescence; our ability to comply with the Europay, MasterCard and Visa global standard for cards equipped with security chip technology; our ability to introduce new and enhanced products and services, including third-party licensed content; gaming establishment and patron preferences; our ability to prevent, mitigate or timely recover from cybersecurity breaches, attacks and compromises; the level of our capital expenditures and product development; anticipated sales performance; employee turnover; national and international economic conditions; global supply chain disruption; changes in global market, business and regulatory conditions arising as a result of the COVID-19 global pandemic; changes in gaming regulatory, card association and statutory requirements; regulatory and licensing difficulties that we may face; competitive pressures in the gaming and financial technology sectors; the impact of changes to tax laws; uncertainty of litigation outcomes; interest rate fluctuations; unanticipated expenses or capital needs and those other risks and uncertainties discussed in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 1, 2022. Given these risks and uncertainties, there can be no assurance that the forward-looking information contained in this presentation will in fact transpire or prove to be accurate. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which are based only on information currently available to us and speak only as of the date hereof.

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EVERI: WHO WE ARE

Innovative gaming technology supplier, operating two high-value product

segments that generate significant recurring revenue

Games: A leading developer of differentiated, entertaining, player-popular games and other gaming services

FinTech: Gaming industry’s preeminent provider of integrated financial products, information and regulatory compliance software, and player loyalty tools

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4Q-2021 QUARTER RESULTS

  • Operating results reflect ongoing momentum and continued growth over pre-COVID-19 levels, partially offset by continued impact of the COVID-19 pandemic and recent variants
  • Record recurring revenue benefitting from Games and FinTech market share gains
  • All-timequarterly record EGM sales of 1,910 units
  • Operating income of $47.9 million up 180% compared to Q4-2020
  • Games revenue up 62% to $105.4 million drove 47% rise in AEBITDA(1) to $55.9 million vs 4Q-2020
    • Company’s large base of regional and tribal casinos driving current business strength
    • Installed base rose 7% YoY to 16,903 units in 4Q-2021, with 7,840 premium units up 21% from 4Q-2020
    • Digital gaming revenue up 156% in 4Q-2021 from 4Q-2020
  • FinTech revenue up 37% to $75.0 million drove AEBITDA (1) up 41% to $32.8 million vs 4Q-2020
    • Software and other revenue up 17% from 4Q-2020, driven largely by growth of loyalty software & services
    • Financial access transactions of 31.2 million, exceeding pre-pandemic4Q-2019
    • Continued strong interest from casino operators for our cashless wallet and funding options
    • Favorably positioned to leverage industry leadership in financial access funding and self-service player loyalty products to lead the evolution toward cashless funding across casino ecosystems
  1. Adjusted EBITDA is a non-GAAP financial measures. Reconciliations to the most directly comparable GAAP measure can be found in the appendix to this presentation. Reconciliations for additional quarterly and annual periods can be found in applicable earnings releases located on Everi’s website at ir.everi.com.

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Disclaimer

Everi Holdings Inc. published this content on 04 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 17:35:05 UTC.

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All news about EVERI HOLDINGS INC.

Analyst Recommendations on EVERI HOLDINGS INC.

Sales 2022 724 M

Net income 2022 132 M

Net Debt 2022 555 M

P/E ratio 2022 17,6x
Yield 2022
Capitalization 2 068 M
2 068 M
EV / Sales 2022 3,62x
EV / Sales 2023 3,11x
Nbr of Employees 1 550
Free-Float 76,7%

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Everi Holdings Inc. Technical Analysis Chart | MarketScreener

Technical analysis trends EVERI HOLDINGS INC.

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Income Statement Evolution

Sell

Buy

Mean consensus BUY
Number of Analysts 8
Last Close Price
22,62 $
Average target price
32,50 $
Spread / Average Target 43,7%


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Everi : Investor Presentation – March 2021

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