Huddlestock Fintech As · OSL:HUDL
Huddlestock Fintech As — DNB 2024 Small & Medium Enterprises Conference
13 slides from Huddlestock Fintech As's conference presentation, Mar 21, 2024
Slide 1: Empowering modern financial solutions
Empowering modern financial solutions Company presentation | DNB SME Conference March 21, 2024 Leif Arnold Thomas Group CEO
Slide 2: Made for business, used by people
Delivering platform infrastructure through: Made for Investment platforms API Investment-as-a-Service business, used by B2B and consulting services people END USER ’’ We enable any company to launch an innovative new investment service, or transform their existing one, in a matter of weeks.
Slide 3: Self-reinforced market growth
Self-reinforced market growth Evolving preferences More More Example platforms investors platforms
Slide 4: Investment-as-a-Service
Investment-as-a-Service Our customers to Marketing focus on the clients Sales Customer service Investment advisory ACME Investments White label investment experiences Portfolio AML / management KYC Custody We take care of Corporate actions management everything else Compliance Regulatory licensing O
Slide 5: Our eco partners
Our eco partners Custodians and brokers Price feed and reference data Front ends CRM & Productivity Insurance & tax shells Cloud & banking providers AML, KYC, Credit API Aggregators
Slide 6: Established a unique North European market position
Established a unique North European market position ... Revenue growth supported by M&A NOK million and acquisitions 65 employees 7 locations 5 countries 87.7 > 46.7 23.4 0.2 2020 2021 2022 2023
Slide 7: ... with a limited competitive landscape
... with a limited competitive landscape Geographical foothold and relative size of competitors Our competitive advantages 2023 revenue (USD million) 50 30 • The only complete Investment-as- 25 a-Service offering 20 • We offer a broad set of instruments enabling product choice and future 15 expansio
Slide 8: Serving a growing customer base
Serving a growing customer base Recurring customer examples Investment as a Service offering Value proposition Wealth Investment Fund managers platforms companies • Delivering our customers full Example Customers Example Customers Example Customers control over end-users’ holdings • Trading and orde
Slide 9: Focus on building and growing pipeline of profitable products
Focus on building and growing pipeline of profitable products Revenue breakdown per quarter Technology revenue from recurring sales of NOK million Investment as a service driven by, Technology revenue (IaaS) • Monthly recurring licenses Consulting revenue 25 • Assets under management (AuM/AuA) 23 •
Slide 10: Prioritising cost control and cost reduction going forward
Prioritising cost control and cost reduction going forward Condenced P&L 88% revenue growth mainly from M&A activities NOK million 2023 2022 73% personnel cost increase related to M&A Income 87,7 46,7 activities Cost of material/subcontractors 3,0 12,8 Other operating expense increase mainly Persone
Slide 11: Unique Nordic position established through M&A
Unique Nordic position established through M&A 2023 cash flow NOK million Operating cash flow negative NOK 17 million 10 Investments include acquisitions of Dtech, 3 Bricknode, Tracs Investor Services, Tracs Technologies, and R&D, offset by sale of Huddlestock Solutions 17 41 Financing mainly reflec
Slide 12: Executing on roadmap toward EBITDA positive
New management implemented Q1 2024 Our first priority Executing on roadmap toward EBITDA positive • Focus on recurring ‘Investment as a service’-sales • Continue to grow professional services business • Enhance sales efforts in existing sales organization • Increase efficiency and enhance structures
Slide 13: Summary
Summary • Established a strong North European position in a self-reinforced growth market • Servicing clients on a recurring basis and through professional consultancy services • Proven M&A growth abilities • Scalable business model with identified growth opportunities • New management established i
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