Everi Holdings Inc.

Investor Overview

Q2-2023

Including Results of Operations for the

period ended June 30, 2023

© 2023 Everi Holdings Inc.

E V E R I H O L D I N G S I N C

1

N Y S E : E V R I

EVERI: WHO WE ARE

Innovative gaming technology supplier, operating in two high-value product

segments that generate significant recurring revenue and cross-sell opportunities

Games: A leading developer of entertaining and differentiated casino games and digital iGaming content and other gaming services

Digital

iGaming

FinTech: The gaming industry's preeminent provider of integrated financial services, regulatory compliance software, player loyalty and mobile-first technology platforms and apps

Venuetize

Non-gaming

E V E R I H O L D I N G S I N C

2

N Y S E : E V R I

INVESTMENT OPPORTUNITY

1 ROBUST BASE OF RECURRING REVENUES

  1. ATTRACTIVE MARGINS
  2. STRONG FREE CASH FLOW(1)
  3. HIGH-VALUEPRODUCTS & SERVICES OFFER CROSS-SELL OPPORTUNITIES AND DRIVE SHARE GAINS
  4. MULTIPLE LONG-TERMHIGH-GROWTH OPPORTUNITIES
  1. Free Cash Flow ('FCF") is a non-GAAP financial measure. 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.

E V E R I H O L D I N G S I N C

3

N Y S E : E V R I

LARGE RECURRING REVENUE BASE

Approximately 72% of LTM 2Q-2023 revenues were of a recurring nature

Recurring revenue in LTM 2Q-2023 was $587 million,

representing a 10% CAGR since FY 2018

Gaming Operations: Leased gaming machines generally placed on a shared-revenue basis with casino operators; more than 25% of the total installed base are units under multi-year placement contracts; all other standard and premium participation units generally remain on casino floors for as long as in-casino performance is acceptable, with periodic game theme updates provided to refresh in-casino performance.

Financial Access Services: Revenue earned on

transactional activity under multi-year service contracts (typically 3-5 years) with generally sticky long-lasting relationships; average length of Everi's Top 30 customer relationships in excess of 12 years.

Software & Other: Critical software and services are integrated into casinos' daily operations and generally provided under annual or multi-year agreements, such as player loyalty and regulatory compliance software, product subscriptions, gaming industry Credit Bureau and kiosk maintenance services. 74% of Software & Other is of a recurring nature.

E V E R I H O L D I N G S I N C

4

N Y S E : E V R I

HISTORY OF LONG-TERM GROWTH

Robust product pipeline, consistent operating execution and attractive

margins drive steady revenue and Adjusted EBITDA(1) growth

Revenue

Adjusted EBITDA (1)

($ in millions)

$825

$818.9

$782.5

$660.4

$625

$533.2

$469.5

$425

$410.7

$383.7

$225

2019 (2)

2017

2018

2020

2021

2022

LTM

2Q-2023

($ in millions) $400

$374.1 $378.6

$347.2

$300

$253.2

$230.4

$212.8

$200

$176.5

$100

2019 (2)

2017

2018

2020

2021

2022

LTM

2Q-2023

  1. Adjusted EBITDA is a non-GAAP financial measure. 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.
  2. Acquisition of player loyalty businesses contributed ~3% of revenue growth in 2019.

E V E R I H O L D I N G S I N C

5

N Y S E : E V R I

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Everi Holdings Inc. published this content on 29 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 August 2023 00:47:53 UTC.