Cyviz As · OSL:CYVIZ
Cyviz As — Q4 2022 Earnings Presentation
16 slides from Cyviz As's earnings presentation, Feb 10, 2023
Slide 1: Fourth Quarter Results 2022
Cyviz 10 February 2022 Fourth Quarter Results 2022
Slide 2: Today’s agenda and presenters
Today’s agenda and presenters Fourth-quarter in brief Performance 2020-2022 Espen Gylvik Business highlights CEO Q4 financials Outlook Marius Skagen Q&A CFO Agenda 2
Slide 3: Value proposition
Cyviz is next level collaboration. We bring communication, control and interaction together, powered by advanced technology but driven by one important thing: people. Cyviz makes life better by making the complex simple, ensuring work is more immersive, productive and ultimately more enjoyable. This
Slide 4: EBITDA of NOK 19.6m with operating cash flow of NOK 57m
EBITDA of NOK 19.6m with operating cash flow of NOK 57m Fourth-quarter in brief EBITDA of NOK 19.6m Gross profit increased Order intake of NOK Operating cash flow of NOK driven by record-high 77% compared to Q4 2021 143m, with a backlog of 57m for the quarter with a revenues of NOK 180.4m. ending at
Slide 5: Cyviz Group rolling 12-months trend 2020-2022
ROLLING 12-MONTHS TREND 2020-2022 Cyviz Group ORDER INTAKE (MNOK) GROSS PROFIT (MNOK) EBITDA (MNOK) +228% +117% +14M 589 220 11 561 185 435 445 402 -2 -3 156 342 147 -6 307 142 -11 238 122 122 -16 -15 179 102 100 -25 -28 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
Slide 6: Business highlights
Business highlights
Slide 7: Business highlights Q4
Business USD 0.9m USD 0.9m USD 0.8m USD 1.8m Q4 Global security monitoring Upgrades at Innovation Command & control room Command & control room, highlights center for US credit institution Center for corporate customer in Dublin within oil & gas sector NOC and board room within defense vertical SIGN
Slide 8: Business highlights Q4 (2022 order intake)
Business USD 0.9m USD 0.9m USD 0.8m USD 1.8m Q4 Global security monitoring Upgrades at Innovation Command & control room Command & control room, highlights center for US credit institution Center for corporate customer in Dublin within oil & gas sector NOC and board room within defense vertical SIGN
Slide 9: Q4 financials
Q4 financials 9
Slide 10: Financial highlights
(all figures in MNOK) +81% Revenues Financial 180 • NOK 180m was a new all-time-high 102 120 116 for a quarter and 81% growth 100 highlights 70 compared to Q4 2021 58 57 64 • NOK 486m for 2022, up 51% from REVENUES 2021 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 • Strong backlog conversio
Slide 11: Diversification of portfolio continues
ORDER INTAKE PERFORMANCE Diversification of portfolio continues 1 2 STRONG GROWTH WITHIN GOVERNMENT & DEFENSE 17 ORDERS ABOVE USD 200k Other 279 +112% Oil & gas 18% Gov. & defense 44% 101 62 34% 2020 2021 2022 Corporate 3 4 EXPANDED GEOGRAPHICAL FOOTPRINT BOOK-TO-BILL ABOVE 1 1,25 1,21 Middle East 3
Slide 12: Operating cash flow
Operating cash flow Q4 Key drivers Q4 Operating cash flow 6 57 • Continued reduction in accounts receivables (NOK 40m after Q4) • Working capital improvements 43 • Strategic increase in inventories 12 -3 0 Profit/loss ∆ Accounts ∆ Inventories ∆ Accounts Other* Operating before tax receivables payabl
Slide 13: Outlook
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Slide 14: Profitable growth through Next Level Collaboration
Outlook Profitable growth through Next Level Collaboration Profitable growth 1 Cyviz maintains the medium-term target of 15-20% EBITDA-margin Cash flow and cash conversion 2 Increased focus during 2023 Next Level Collaboration solutions 3 Strengthen market position by increasing R&D-resources on sub
Slide 15: Q&A
Q&A
Slide 16: Thank you
Thank you cywz / DON’T HOLD BACK™