123fahrschule Se · XETR:123F
123fahrschule — Investor Presentation (August 2024)
11 slides from 123fahrschule's investor presentation, August 2024
Slide 1: 123fahrschule Strategy 2027
123fahrschule Strategy 2027 August 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared and issued by 123fahrschule SE („the This presentation contains forward-looking statements based on current Company“) and has not been independently verified by any third party. This expectations, assumptions and forecasts of the Company and on currentl
Slide 3: German Driving School Market
German Driving School Market No player with > 1 % market share – consolidation on the road share § Market size & key facts Revenue # companies of industry revenue < 100 K 35.9 % 9.7 % • Market volume approx. EUR 3.0 B 2025 with > 5 % annual growth 100 K - 250 K 38.2 % 26.5 % • Highly fragmented mark
Slide 4: 123fahrschule in a Nutshell
123fahrschule in a Nutshell Germany‘s largest driving school chain & digital disruptor of the industry § Digital market leader • 56 locations in operation • Strong focus on digitization, process automation & economies of scale • Our unique self owned software is the only software in the German marke
Slide 5: Financials H1 2024 on Track
Financials H1 2024 on Track Germany‘s largest driving school chain & digital disruptor of the industry § Preliminary Numbers H1 2024 • EUR 11 M Revenue • EUR 0.5 M adjusted EBITDA • Strong focus on Cash Flow and positive EBITDA Outlook 2024 • EUR 22 - 24 M Revenue • EUR 1.0 M adjusted EBITDA 5
Slide 6: Competitive Analysis
Competitive Analysis Getting a major player in Germanies private education industry Company Locations Revenue Rev./Location FOM 35 EUR 180 M EUR 5.140.000 Berlitz 50 EUR 68 M EUR 1.300.000 123fahrschule 56 EUR 22 M EUR 390.000 All German 14.000** EUR 3.000 M EUR 214.000 Driving Schools Studienkreis
Slide 7: Great Potential With Our Strategy 2027
Great Potential With Our Strategy 2027 Dominating the major markets Possible § Focus on major cities Cities Locations Market (A&B) > 500.000 99 EUR 492 M • Focus on cities with more then 150.000 inhabitants > 150.000 161 EUR 805 M • One location on each 150.000 inhabitants < 150.000 399 EUR 1994 M T
Slide 8: Implementation of Our Strategy in 2025
Implementation of Our Strategy in 2025 Dominate our largest three cities § Apply “Growth System & Hack” • Roll-Out of new locations in cities with existing operations • Top-Down: Berlin, Hamburg, Cologne • Migrate 6 smaller locations to DSaaS model – 50 existing locations remaining • 20 new location
Slide 9: Funding Needed Until End of 2025
Funding Needed Until End of 2025 Capital flows into growth Task Cost/Location Total Open 20 new locations incl. EUR 50.000 EUR 1.000.000 simulators Losses on new locations until EUR 15.000 EUR 300.000 positive cash flow Proof of concept EUR 200.000 EUR 200.000 Simulator Center Cologne Refitting/Reno
Slide 10: Key Investment Considerations
Key Investment Considerations Low risk – High upside potential Proven Business Model Good Momentum Through Upcoming Digitization Major Investments in Company Setup Already Done Proven Growth Model Future Growth After 2025 Can Be Funded by Cash-Flow 10
Slide 11: Thank You for Your Attention
Thank You for Your Attention 123fahrschule SE Klopstockstr. 1 50968 Köln bpolenske@123fahrschule.de phone: +49 178 1199511