Vusion · EURONEXT:VU
Vusion — VusionGroup — Q4 2023 Earnings Presentation
12 slides from Vusion's earnings presentation, Jan 24, 2024
Slide 1: Technologies for Positive Commerce
Technologies for Positive Commerce FY 2023 Sales Conference January 24, 2024
Slide 2: In 2024, SES-imagotag becomes the VusionGroup
In 2024, SES-imagotag becomes the VusionGroup ESL Cloud-to-Edge Micro-cameras Color e-Paper Store analytics Industrial & logistics Digital Shelf System IoT management Sensors Video Shelf Category IoT solutions platform management Smart fixtures AI & Shelf Data Rich content VUSION Cloud cloud Shopper
Slide 3: Strong momentum to start 2024
Strong momentum to start 2024 Proprietary and confidential. Do not distribute. 3
Slide 4: Record Q4, H2 & FY 2023 Sales (+30% vs. 2022)
Record Q4, H2 & FY 2023 Sales (+30% vs. 2022) Restatement1 on Published IFRS Restated1 €m (unaudited) Walmart Sales Sales contract • 2023 full-year IFRS sales (unaudited) of €801.4m, up 9M 2023 563.2 563.2 +29% vs 2022 (Restated1 sales of €805.1m / +30%) 9M 2022 467.7 467.7 • Record Q4 2023 top-line
Slide 5: Note on IFRS Restatements regarding the new Walmart US contract
Note on IFRS Restatements regarding the new Walmart US contract Two IFRS restatements related to the revenue generated by the Walmart US contract had a -€3.7m negative impact on the FY 2023 revenue line, as follows: 1. The decrease impact to revenue of the fair value of the warrants granted to Walma
Slide 6: Continued strong growth in 2023 mainly driven by US / EU
Continued strong growth in 2023 mainly driven by US / EU 2023 restated* revenue ü 2023 restated* revenue growth +30% / 5-year Cagr 34% pa per semester ü Strong growth in America and EMEA €805m* ü Record Order Entries (€950m) €424m ROW €621m +27% America €381m accelerating in H2 €423m +33% EMEA €290m
Slide 7: Strong growth in order entries
Strong growth in order entries €m 950 +39% 240 Q4 +74% Thanks to a strong momentum in 685 Q4, order entries for the 12 months of 2023 totaled €950m, a +39% Q4 138 increase compared to 2022. This level of order entries 710 underscores the prospects for on- going strong top-line growth in 9M 547 2024.
Slide 8: Performance by geography
Performance by geography 2023 Restated Sales1 €m (unaudited) EMEA Rest of World Total • Revenue in the EMEA region (Europe, Middle East, H1 2023 317.7 62.9 380.7 Africa) totaled €168.0m in Q4 2023, for year-on-year H1 2022 221.3 64.6 285.9 Change (in %) +43.6% -2.6% +33.2% growth of +32.1%. For the
Slide 9: VAS continued growth including strong momentum on recurring VAS
VAS continued growth including strong momentum on recurring VAS VAS revenue in €m 109 VAS growth momentum not the same across 93 +17% all VAS business lines. 2023 VAS Recurring Non-Recurring Strong growth of recurring VAS revenue in 2023, while non-recurring revenue slightly decreased during the sam
Slide 10: Outlook
Outlook • Ongoing solid growth expected in 2024 • Driven by acceleration of sales in the United States from Q2 onwards • Target to cross >€1B mark in 2024 • Continued profitability improvement Proprietary and confidential. Do not distribute. 10
Slide 11: One of Europe's most successful tech companies
One of Europe’s most successful tech companies Bloomberg Top 100 European Technology Listed Companies 5-year Revenue Growth 2018-22 (%) 14th fastest growing company in Europe N°1 in France 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77
Slide 12: Thank You Q&A
Thank You Q&A vusion.com