Jayride : 1H FY22 Results Presentation

GAINING MARKET SHARE

IN THE GLOBAL TRAVEL RECOVERY

1H FY22 Results Presentation

onlyuse

personalRod Bishop, Managing Director Peter McWilliam, CFO

23rd February 2022

The world-leading global airport transfers marketplace

r

ASX release authorised by Rod Bishop, Managing Director, Jayride Group Limited

Jayride Group (ASX:JAY) www.jayride.com

SET FOR SCALE IN THE

GLOBAL TRAVEL RECOVERY

Accelerating growth and profit driven by volume recovery and market share gains.

r personal use only

Jayride is a fundamentally improved and more profitable business compared to pre-pandemic.

We have raised our ambition and set our sights ahead to major milestones including stand-stillcash flow positive and onwards to 1 million+ trips per year.

In 1H contribution profits grew to record highs up 828% vs PCP.

Our Europe market share is at all time highs and just getting started. We are well positioned for growth into European summer in Q3-Q4.

We are winning market share. Our fundamentally improved platform is in demand with the new traveller behaviour, and we are deploying it across key travel brand partners like Booking.com. We have a record number of new travel brands launching, including CarTrawler.

We are investing for growth. Jayride's balance sheet remains strong with no debt, and cash to fully fund our growth ambition as we scale to millions of trips per year.

Our expanded traveller offer is resulting in margin expansion through more repeat purchases, enhanced unit economics, and increased operating leverage.

Our improved northern hemisphere business, improved platform, improved profitability, and strong balance sheet set us up for an exciting future in 2H FY22 and beyond.

- Managing Director, Rod Bishop

Improvements to unit economics drive margin expansion.

Net Revenue

growth

310% vs PCP

Contribution profit growth 828% vs PCP

Record Contribution profit1 achieved with margin expansion. Contribution profit to scale as the global recovery continues.

RECORD CONTRIBUTION

PROFIT AND GROWTH

onlyuse personal1. Contribution Profit is Net Revenue minus all variable costs, including Cost of Customer Acquisition and Variable Operating Costs such as customer support. r

On track to Stand-StillEBITDA profitable

Stand-StillEBITDA2 improves to $(588)K

Contribution Margin expands to 42%

Record Contribution profit, revenue growth, margin expansion and strong balance sheet to fund further growth and scale.

1H FY22 RESULT

SUMMARY

only

Trips Booked up 274%

Net Revenue per trip

vs PCP to 116K

grows to $7.58

use

Net Revenue up 310%

Record Contribution

vs PCP

Profit1 up 828% vs PCP

Cash at 31st December

Europe market share

$5.59M, and no debt

expanded by >200%

Fundamentally improved and more profitable business compared to pre-pandemic.

1.	Contribution Profit is Net Revenue minus all variable costs, including Cost of Customer Acquisition and Variable Operating Costs such as customer support.
2.	Stand-Still EBITDA is profit after all operating costs of the Company, excluding the cost of long-term growth investments.
personal
r

JAYRIDE

OVERVIEW

	Global travel recovery accelerates
	Jayride is the world-leading global travel
onlymarketplace for airport transfers
	K y Facts
use
Covering 95% of		World's largest catalogue
world airport trips		of ride-service brands
personalr
$25M+ invested in		Expanded reach with new
		scaling tech platform		global travel brand partners

● US and EU markets set to accelerate in Q3 and Q4 summer

● Highly scalable capital light model with negative working capital ● Building repeat purchase rates with record service levels

● Continuing to deliver strategic priorities for long-term growth ● Winning market share in Europe with more to come

	Onset of
	COVID
98% CAGR	Recovery
underway

Six years to December 2019

The world's leading travel brands and ride-service brands use Jayride