Strategic Update & H1 2024 Results
Introduction - Neeraj Kapur
Introduction – initial thoughts after 6 months
Strategic pillars to drive long-term sustainable growth
1 Strengthen breadth and depth of network
1 Strengthen breadth and depth of network – moving ahead
2 Deepen existing relationships, expand the client base
2 New client model to enhance coverage
3 Leverage the banking licence to accelerate FX and payments volume growth
3 Credit initiatives already in progress
4 Disciplined capital allocation to drive growth
4 Organic growth capital focused on building and enhancing the technology stack
Strategy delivers sustainable growth and a more diversified business
Leading talent to drive change
HY 2024 - Richard Hallett
H1 2024 performance snapshot
Adj. EBITDA margin of 34%, expect improvement in H2
Cash generation lower however still healthy
Summary: an exciting future for CAB