15 slides from Vitec Software Group Ab Class B's earnings presentation, Feb 1, 2024
Slide 1: Vitec vertical software
BVITCC vertical software
Slide 2: Interim report January-December 2023
Interim report January-December 2023
Slide 3: Summary of interim period, October–December 2023
Summary of interim period, October–December 2023 • Net sales SEK 740 million (578), an increase of 28% • Recurring revenues SEK 611 million (451), an increase of 35% • EBITA SEK 224 million (171), an increase of 31% • EBITA margin 30% (30) • Operating profit SEK 146 million (106), an increase of 38%
Slide 4: Summary of interim period, January–December 2023
Summary of interim period, January–December 2023 • Net sales SEK 2,778 million (1,978), an increase of 40% • Recurring revenues SEK 2,346 million (1,631), an increase of 44% • EBITA SEK 876 million (582), an increase of 51% • EBITA margin 32% (29) • Operating profit SEK 590 million (356), an increas
Slide 5: Key figures
Key figures 2023 2022 2023 2022 Oct-Dec Oct-Dec Change Jan-Dec Jan-Dec Change Net sales, SEK million 740 578 28% 2,778 1,978 40% Recurring share of net sales, % 83% 78% 84% 82% EBITA, SEK million 224 171 31% 876 582 51% EBITA margin, % 30% 30% 32% 29% Operating profit/ioss, SEK million 146 106 38% 5
Slide 6: Net sales
Net sales MSEK Proforma net sales Net sales by year Net sales by quarter 2,919
Slide 7: EBITA
EBITA EBITA Margin YTD EBITA and EBITA margin by year EBITA and EBITA margin by quarter 32%
Slide 8: Distribution of recurring revenue
Distribution of recurring revenue
Slide 9: Growth
Growth Acquired revenue Organic growth
Slide 10: Condensed consolidated statement of comprehensive income
Condensed consolidated statement of comprehensive income
Slide 11: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position
Slide 12: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow
Slide 13: Diversification of sales
Diversification of sales Number of customers 24,600 Sales by market Breakdown of revenue Customers January-December 2023 2% 1 %
Slide 14: Our business units
Our business units Business unit Reg. Acquisit Annual Sales 2023, SEKm Recurring Business unit Reg. Acquisit Annual Sales 2023, SEKm Recurring office ion year (recurring share = red) 2023 office ion year (recurring share = red) 2023 0 100 200 300 0 100 200 300 ABS NL 2022 46 % Vitec Futursoft FI 201
Slide 15: Vitec vertical software
BVITCC vertical software