Space Hellas S.a. · ATHEX:SPACE

Space Hellas — Investor Presentation (May 2024)

34 slides from Space Hellas's investor presentation, May 23, 2024

  1. Slide 1: Annual Analysts Update

    SPACE HELLAS Empowering Your Digital Transformation Journey Annual Analysts Update Athens, Thursday 23d of May 2024 Classification ISO 27001: Public MK-23052024-1 www.space.gr

  2. Slide 2: Space Hellas at a Glance

    Space Hellas at a Glance: • History and Vision • Long-term Investments • National & International Presence • Personnel • R&D & Innovation • Group Strategy • Financial Results Space Hellas All Rights Reserved 2

  3. Slide 3: Four Decades of History & Innovation

    Four Decades of History & Innovation Data Communications Telecommunications & IT ICT Systems Integration Digital Transformation & Cloud 1 2 3 4 1985 1996 2006 2017 Dimitris Manolopoulos is BT & Space Hellas Space Hellas Expands its Activities Space Hellas Expands its Cooperation founding Space Hella

  4. Slide 4: Big Data Analytics & Web Intelligence Apps & Services

    32,2% 18,1% 99,93% 100% 35% Big Data Analytics Apps & Services Software Integrator IoT Solutions Agricultural & Web Intelligence for Internet, mobile and ICT Solutions pervasive networking Classification ISO 27001: Public MK-30042024-1 www.space.gr

  5. Slide 5: Strategy (Corporate Objectives)

    Strategy (Corporate Objectives) • Leading position in the digital transformation market • Solutions and services with significant added value • Profitability enhancement • Generate new revenue streams at group level • New products and services • International Markets Space Hellas All Rights Reserved

  6. Slide 6: Subsidiaries and Branches

    Subsidiaries and Branches 7 Branches Thessaloniki Ioannina Farsala Patra Athens 4 Subsidiaries Heraklion Nicosia Cyprus Serbia Malta Jordan Space Hellas All Rights Reserved 6

  7. Slide 7: 10 SPACE Hubs

    10 SPACE Hubs • Rethymno • Heraklion • Veria • Karditsa • Kilkis • Kozani • Komotini • Larissa • Xanthi • Kalamata Space Hellas All Rights Reserved 7

  8. Slide 8: Line of Business

    Line of Business Vertical Markets Business Software Workflow e-Government Optimization Solutions Enterprise Custom Software Software Software Systems Holistic ICT Approach Integration IT Physical Systems Security & Cloud Network Cybersecurity & AI Collaboration & Communication Space Hellas All Right

  9. Slide 9: Our Platforms 1/2

    Our Platforms 1/2 SenseOne GUARDIAN PANDORA 5Genesis IoT Platform Physical Security Information Management Integrated Cyberdefence Platform 5G “Network-in-a-box” (PSIM) Platform The SenseOne IoT Platform is cloud-based, GUARDIAN is a multi-sensor integrated PANDORA is an All-in-one 5Genesis is a por

  10. Slide 10: Our Platforms 2/2

    Our Platforms 2/2 ACRITAS ASSETS Genesis CFMS Maritime Surveillance Platform Asset Management System “ERP” for Local Government Credit Facilities Management System ACRITAS is an integrated multi- GUARDIAN is a multi-sensor integrated Genesis Platform is a comprehensive information CFMS Platform is a

  11. Slide 11: Large Enterprises - Verticals Supported by Space Hellas

    Large Enterprises -Verticals Supported by Space Hellas Telcos Financial Health Retail Fuel Energy Local Gov Manufacturing Shipping Hospitality Media Education Space Hellas All Rights Reserved 11

  12. Slide 12: Critical National Infrastructures Supported

    Critical National Infrastructures Supported VISA Defense National Elections MFA EL-VIS Low Enforcement Air-Traffic AFIS/PNR/SPOC/Entry-Exit Control Cyber Crime Backbone Network of Public Administration Digital Weather Broadcasting Forecast Space Hellas All Rights Reserved 12 Border Control Education

  13. Slide 13: Employee's Growth

    Employee's Growth 600 500 +175 400 300 582 589 +11 479 427 200 374 348 296 247 267 100 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 Total Group’s Employee’s : 775 (31/12/2023) Space Hellas 13 All Rights Reserved

  14. Slide 14: Milestones & Targets

    MILESTONES & TARGETS Space Hellas All Rights Reserved 14

  15. Slide 15: Income Statement Summary 2022 - 2023

    Income Statement Summary 2022 - 2023 Group Company Amounts in euro thousand 01.01-31.12.2023 01.01-31.12.2022 CHANGE % 01.01-31.12.2023 01.01-31.12.2022 CHANGE % Revenue 148.078 120.663 22,72% 123.603 110.337 12,02% Gross profit/loss 30.873 21.683 42,38% 23.675 19.856 19,23% Gross profit margin 21%

  16. Slide 16: • New Contracts from both public and private sector • Significant Sales Backlog for

    2023 • New Contracts from both public • Delays in implementation and and private sector payments of public sector projects • Significant Sales Backlog for 2024 • Increased Finance Costs • Synergies at Group Level • Increased average personell cost • Telecommunications service footprint expansion • I

  17. Slide 17: Significant Projects in Progress

    Significant Projects in Progress Customer Project Hellenic Electricity Distribution Network Operator Implementation, operation and maintenance of MPLS telecom network Hellenic Electricity Distribution Network Operator Provision of equipment & implementation services for laptops and desktops PCs PPC

  18. Slide 18: R&D Projects per Domain

    R&D Projects per Domain SAFE6G PRIVATEER DEGREES OASEES 5G/6G, Satellite and NEMO Quantum ODEON Smart and Data Safe Cities 5GCOMPAD Technologies HellasQCI and Edge AI 6GBRICKS CO-PROTECT Space 4.0 XR5.0 PISTIS SafeCity EL-SOC NG-SOC UNDERPIN Cybersecurity TENACITY and SOCs NEWSROOM FACT DEGREES Open

  19. Slide 19: Action Plan 2024

    ACTION PLAN 2024 Targets Opportunities Challenges • Revenue Increase • RRF & ESPA funds • Public sector projects with high % EBITDA implementation risks • Energy sector • Promotion of new • Lack of skilled personel Products & • International • Increased Finance Services: S/W, Expansion Costs Cloud &

  20. Slide 20: Indicative Technology Partners & Co-operations

    Indicative Technology Partners & Co-operations Space Hellas All Rights Reserved 20

  21. Slide 21: Key Customers

    Key Customers Space Hellas All Rights Reserved 21

  22. Slide 22: Financial Growth Analysis

    FINANCIAL GROWTH ANALYSIS Space Hellas All Rights Reserved 22

  23. Slide 23: Income Statement Summary 2022 - 2023

    Income Statement Summary 2022 - 2023 Group Company Amounts in euro thousand 01.01-31.12.2023 01.01-31.12.2022 CHANGE % 01.01-31.12.2023 01.01-31.12.2022 CHANGE % Revenue 148.078 120.663 22,72% 123.603 110.337 12,02% Gross profit/loss 30.873 21.683 42,38% 23.675 19.856 19,23% Gross profit margin 21%

  24. Slide 24: Sales, EBITDA & EAT 2015-2023

    SALES, EBITDA & EAT 2015-2023 20.000 € 17.480 € 160.000 € 18.000 € 10.816 € 140.000 € 16.000 € 120.000 € 148.078 € 14.000 € 100.000 € 12.000 € 10.000 € 80.000 € 128.586 € 8.000 € 60.000 € 6.000 € 40.000 € 4.000 € 20.000 € 2.000 € 0€ 0€ 2015 2016 2017 2018 2019 2020 2021 2022 2023 Sales EBITDA EAT *

  25. Slide 25: Revenue 2014 - 2023

    Revenue 2014 - 2023 Growth Average Revenue 95.7% Average Revenue 54.39M 106.59M 160.000 € 148.078 € 140.000 € 128.586 € 120.000 € 103.323 € 100.000 € Sales 80.732 € 72.250 € * Numbers in 80.000 € Thousand € 66.112 € 59.658 € 60.000 € 54.889 € 48.169 € 43.129 € 40.000 € 20.000 € 0€ 2014 2015 2016 201

  26. Slide 26: Net Debt to EBITDA Ratio & Investments

    Net Debt to EBITDA Ratio & Investments Net Debt to EBITDA Ratio Investments & acc Investments 4,5 50.000 € 45.256 € 4 45.000 € 39.906 € 3,5 40.000 € 32.510 € 35.000 € 3 30.000 € 2,5 25.000 € 2 15.862 € 20.000 € 1,5 10.787 € 16.648 € 15.000 € 6.913 € 1 5.504 € 10.000 € 2.876 € 7.396 € 2.628 € 0,5 1.5

  27. Slide 27: Investments & Bank Loans

    Investments & Bank Loans Investments & acc Investments Short & Long Terms Loans 50.000 € 80.000 45.256 € 45.000 € 70.000 39.906 € 40.000 € 32.510 € 60.000 31.091 35.000 € 50.000 30.000 € 47.919 25.000 € 40.000 15.862 € 39.501 20.000 € 30.000 10.787 € 16.648 € 30.322 15.000 € 41.670 6.913 € 20.000 5.

  28. Slide 28: Investments 2021-2023

    Investments 2021-2023 others 4.300.000 € Singular 12.130.000 € 29.400.000 € 14.140.000 € Acquisitions 14.140.000 € Equipment & software 10.960.000 € Sense One 1.260.000 € Agroapps 750.000 € Space Hellas All Rights Reserved 28

  29. Slide 29: Financial Indicators

    Financial Indicators CONSOLIDATED FINANCIAL STATEMENTS 2017 2018 2019 2020 2021 2022 2023 Turnover % 23,9% 10,8% 9,3% 11,7% 28,0% 24,5% 22,7% Gross Profit % 8,3% 12,2% 0,0% 3,4% 25,0% 10,1% 42,4% EBITDA % 12,2% 22,8% 5,8% 8,5% 37,8% 14,4% 66,3% EBT % 17,9% 26,0% 3,4% 1,7% 131,3% 10,6% 36,2% EAT % 23

  30. Slide 30: Stock Details

    STOCK DETAILS Space Hellas All Rights Reserved 30

  31. Slide 31: Investment Indicators

    Investment Indicators 2016 2017 2018 2019 2020 2021 2022 2023 p/e 6 12 27 27 16,5 13,1 11,1 9,4 p/ebitda 1,3 2,8 5,6 5,6 4,3 5,4 4,8 2,6 p/sales 0,1 0,2 0,5 0,5 0,4 0,5 0,4 0,3 p/bv 0,4 0,9 2,2 2,2 1,6 2,1 1,7 1,6 ev/ebitda 3,3 4,9 7,0 7,0 5,6 8,9 8,6 5,3 number of shares 6.456.530 6.456.530 6.456.5

  32. Slide 32: Space Hellas Stock Chart 2001 - 2024

    Space Hellas Stock Chart 2001 - 2024 • Ref. Symbols: SPACE (ATHEX) • Sector/Subsector: Telecommunications /Telecommunications Equipment • Market: Securities Market • Market segment: Main Market • Listing price per share €18,34 • Price per share € 7,74 (21/5/2024) • Market Capitalization €49.973.542,

  33. Slide 33: Shareholders' Structure

    Shareholders’ Structure Free Float 30.65% 2024 50.02% (22/5) 19.33% Major Alpha Bank Shareholders Alpha Bank Group, one of the Space Hellas founders largest financial institutions in Manolopoulos & Bellos Greece Space Hellas All Rights Reserved 33

  34. Slide 34: Thank you for your attention

    Empowering Your Digital Transformation Journey Thank you for your attention Classification ISO 27001: Public MK-23052024-1 www.space.gr

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