Slide 1: Earnings Call Q2 / H1-25
NEMETSCHEK Earnings Call Q2 / H1-25 July 2025
Slide 2: Highlights Q2-25
NEMETSCHEK 01 Highlights Q2-25 CEO Yves Padrines
Slide 3: Key Messages
1. Q2-25: Continued very high growth driven on the one side by the Build segment, which delivered very strong organic and inorganic growth as well as the Design segment, which benefited from a strong pace in the subscription transition including a higher than anticipated demand for multi-year contra
Slide 4: Financial Overview Q2-25: Continued Very High Growth
Financial Overview Q2-25: Continued Very High Growth ARR Revenues EBITDA EPS EURm EURm EURm EUR +35.1% +27.4% +44.0% +38.7% cc1 +30.5% cc1 +46.3% cc1 +25.0% 1,078.3 290.0 88.5 0.45 0.36 797.9 227.7 61.4 Q2-24 Q2-25 Q2-24 Q2-25 Q2-24 Q2-25 Q2-24 Q2-25 • Organic2 ARR growth: +26.3% • Organic2 growth:
Slide 5: Strategic Update H1-25: Investments in Future Growth
Strategic Update H1-25: Investments in Future Growth Nemetschek Cloud AI & Sustainability Business Model Go-to-Market M&A + Ventures Business Enablement Platform & Infrastructure Based on ethical and Highly successful move Further deepening and Targeting a Several small value- Continued
Slide 6: Financial Results H1-25
NEMETSCHEK 02 Financial Results H1-25 CFO Louise Öfverström
Slide 7: Key Financial Highlights H1-25: Recurring Revenues Main Growth Driver
Key Financial Highlights H1-25: Recurring Revenues Main Growth Driver Revenues: EBITDA: +26.8% to EUR 572.8m +30.4% to EUR 169.1m (+27.8% cc1) (+32.7% cc) Cash Conversion: 118.1% Organic Growth2: +18.8% Organic Growth2: +24.6% (+19.5% cc) (+26.5% cc) ARR Growth: +35.1% to EUR 1,078.3m EBITDA Margin:
Slide 8: Segments H1-25: Strong Development in Build and Design
Segments H1-25: Strong Development in Build and Design DESIGN BUILD MANAGE MEDIA Revenues +14.1% +61.2% +1.0% +2.1% EURm +14.8% cc1 +63.0% cc +0.9% cc +2.3% cc 260.1 229.2 25.1 25.3 228.0 142.2 58.2 59.5 H1-24 H1-25 H1-24 H1-25 H1-24 H1-25 H1-24 H1-25 Margin 27.3% 27.2% 32.6% 34.6% 7.4% 9.3% 32.9% 2
Slide 9: Revenues per Region in H1-25: Highest Growth in Americas and Asia/Pacific
Revenues per Region in H1-25: Highest Growth in Americas and Asia/Pacific EMEA Americas Asia/Pacific 46% Share +11% Growth 44% Share +46% Growth 10% Share +37% Growth • Continued challenging market environment in • Unchanged good market conditions • Focus growth region European Design markets • US m
Slide 10: Recurring Revenues: Successful Transition Leads to New Record High of 93% in Q2
Recurring Revenues: Successful Transition Leads to New Record High of 93% in Q2 Revenue Share Development Recurring & Subscription/SaaS Overview Q2-25: by type in % (previous year) • +35.1% • +38.7% cc1 ARR y/y 600 5293 • +26.3% organic2 (+37%) • +29.4% organic2 cc1 500 4043 385 (+26%) (+75%) • +67.
Slide 11: At a Glance: Income Statement and Important KPIs
At a Glance: Income Statement and Important KPIs Key Figures mEUR H1-25 H1-24 Growth y/y Revenues 572.8 451.6 +26.8% Cost of goods and services -22.1 -19.2 +15.3% Personnel expenses -235.1 -189.2 +24.3% Other operating income/expenses -146.5 -113.5 +29.0% EBITDA 169.1 129.7 +30.4% EBITDA margin 29.5
Slide 12: Outlook
NEMETSCHEK 03 Outlook
Slide 13: Updated Outlook 2025: Increased Revenue Target after Strong H1-25
Updated Outlook 2025: Increased Revenue Target after Strong H1-25 Previous Outlook New Outlook 2025 2025 Revenue Growth: Revenue Growth: 17% – 19% 20% – 22% (at constant currencies) (at constant currencies) M&A Contribution: M&A Contribution: ~ 350bps ~ 450bps EBITDA Margin (reported): EBITDA Margin
Slide 14: Questions?
Questions? NEMETSCHEK SE Konrad-Zuse-Platz 1 81829 Munich Germany contact@nemetschek.com www.nemetschek.com
Slide 15: Appendix
i ~ ONG ? NEMETSCHEK GROUP
Slide 16: Income Statement
Income Statement €m H1 2025 H1 2024 % YoY Revenues 572.8 451.6 +26.8% Other income 7.8 4.4 +77.6% Operating income 580.6 456.0 +27.3% Cost of goods and services -22.1 -19.2 +15.3% Personnel expenses -235.1 -189.2 +24.3% Other expenses -154.3 -117.9 +30.8% Operating expenses -411.5 -326.3 +26.1% EBIT
Slide 17: Balance Sheet – Assets
Balance Sheet – Assets €m June 30, 2025 December 31, 2024 Assets Cash and cash equivalents 229.2 205.7 Trade receivables, net 131.3 147.4 Inventories 1.1 1.0 Other current assets 74.6 59.5 Current assets, total 436.1 413.7 Property, plant and equipment 19.5 22.1 Right-of-use assets 42.7 60.7 Intangi
Slide 18: Balance Sheet – Equity and Liabilities
Balance Sheet – Equity and Liabilities €m June 30, 2025 December 31, 2024 Equity and liabilities Trade payables 23.0 20.8 Provisions and accrued liabilities 68.2 94.3 Deferred revenue 421.1 354.6 Current lease liability 16.5 16.7 Other current liabilities 61.9 49.2 Current liabilities, total 590.7 5
Slide 19: Cash Flow Statement
Cash Flow Statement €m H1 2025 H1 2024 % YoY Cash and cash equivalents at the beginning of the period 205.7 268.0 -23.2% Cash flow from operating activities 199.8 141.5 +41.2% Cash flow from investing activities -14.5 -31.5 -53.9% t/o CapEX -6.2 -6.0 +3.5% t/o Cash paid for acquisition of equity inv
Slide 20: Disclaimer
Disclaimer This presentation contains forward-looking statements based on the beliefs of Nemetschek SE management. Such statements reflect current views of Nemetschek SE with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from thos