Slide 1: Fiscal year 2021 and outlook 2022
UNITED INTERNET AG Fiscal year 2021 and outlook 2022 Montabaur, March 18, 2022 1 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 2: Agenda
AGENDA Ralph Dommermuth Company development Outlook 2022 Martin Mildner Results for fiscal year 2021 2 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 3: Company development
COMPANY DEVELOPMENT 3 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 4: Business areas: Access & Applications
2 BUSINESS AREAS: ACCESS & APPLICATIONS ACCESS APPLICATIONS Consumer Access Consumer Applications Motivated team 10,000 employees, of which approx. 3,400 in product management, development and data centers Revenue strength More than 5 million contracts p. a. 50,000 registrations for free servi
Slide 5: Business areas & investments
BUSINESS AREAS & INVESTMENTS (as of: December 31, 2021) Consumer Access Business Consumer A p p l i c a t i o ns Business M i n o r i t ie s 20.00% 25.39% 31.52% 25.10% 37.92%* 25.10% * Held indirectly through a 40% stake in Kublai GmbH 5 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 6: Access in fiscal year 2021
ACCESS IN FISCAL YEAR 2021 CONSUMER ACCESS CONSUMER APPLICATIONS BUSINESS ACCESS BUSINESS APPLICATIONS 6 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 7: Consumer Access: fixed-line business
CONSUMER ACCESS: FIXED-LINE BUSINESS 1&1 as largest alternative German DSL provider with 4.24 million broadband connections VDSL and FTTH complete packages incl. voice and IP-TV via 1&1 Versatel, with the last mile via Deutsche Telekom and City Carrier Regular awards in the connect fixed netwo
Slide 8: Consumer Access: mobile business
CONSUMER ACCESS: MOBILE BUSINESS 1&1 is Germany's leading MVNO with 11.19 million mobile internet contracts Broad market coverage - target group-specific addressing of all market segments Regular awards in the connect customer satisfaction study Main brand Development of a powerful 5G networ
Slide 9: Consumer Access: customer contracts
CONSUMER ACCESS: CUSTOMER CONTRACTS (in million) Mobile Internet Broadband connections 20 15.43 14.83 +0.60 15 15.43 million customer contracts (+ 600,000) 11.19 million mobile internet contracts (+ 670,000) 10 10.52 11.19 4.24 million broadband connections ADSL / VDSL / 5 FTTH (- 70,000) 4.31
Slide 10: Consumer Access: revenues
CONSUMER ACCESS: REVENUES (acc. to IFRS in € million) Services revenues Other revenues (mainly hardware) 4,000 3,759.0 3,883.0 +124.0 (+3.3%) 3,500 + 3.3% revenues to € 3.883 billion 3,000 + 3.6% service revenues to € 3.128 billion 2,500 3,020.0 3,127.9 2,000 + 2.2% other revenues (in particul
Slide 11: Consumer Access (I): total EBITDA
CONSUMER ACCESS (I): TOTAL EBITDA (acc. to IFRS in € million) 800 + 18.8% EBITDA to € 714.0 million 714.0 700 39.4 601.2 +34.0 2021 incl. + € 39.4 million positive earnings effect (+5.3%) 600 from retrospective price adjustment of MBA 500 MVNO advance services (non-period) in 2021, 400 300 640.6
Slide 12: Consumer Access (II): EBITDA by sub-segments
CONSUMER ACCESS (II): EBITDA BY SUB-SEGMENTS (acc. to IFRS in € million) EBITDA "access" 800 712.5 654.5 +58.0 "Access" without non-period effects 600 (+8.9%) + 8.9% operative EBITDA to € 712.5 million 400 200 18.3% EBITDA margin (prior year: 17.4%) 0 2020 2021 EBITDA "5G" 0 "5G" -10 - € 37.9
Slide 13: Business Access
BUSINESS ACCESS 1&1 Versatel operates one of the largest German fiber optic networks Project business and plug-and-play solutions for medium-sized companies Business Fiber-optic network with 52,500 km FTTB In 250 German cities, including 19 Authorities of the 25 largest cities 21,738 direc
Slide 14: Business Access: revenues
BUSINESS ACCESS: REVENUES (acc. to IFRS in € million) 600 514.4 +21.1 493.3 500 (+4.3%) 400 + 4.3% revenues to € 514.4 million despite the almost complete discontinuation of one-off revenues 300 (€ 9.4 million in 2020 vs. € 0.6 million in 2021 in 200 particular for IRUs), otherwise + 6.1% growth 1
Slide 15: Business Access: EBITDA
BUSINESS ACCESS: EBITDA (acc. to IFRS in € million) 180 160.5 160 149.8 +10.7 (+7.1%) 140 + 7.1% EBITDA to € 160.5 million 120 Incl. - € 1.1 million one-off charge in connection 100 with the new FTTH/VDSL wholesale contract with 80 60 Deutsche Telekom 40 31.2% EBITDA margin (prior year: 30.4%)
Slide 16: Applications in fiscal year 2021
APPLICATIONS IN FISCAL YEAR 2021 CONSUMER ACCESS CONSUMER APPLICATIONS BUSINESS ACCESS BUSINESS APPLICATIONS 16 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 17: Consumer Applications: from e-mail service to command center
CONSUMER APPLICATIONS: FROM E-MAIL SERVICE TO COMMAND CENTER FOR COMMUNICATION, INFORMATION AND IDENTITY MANAGEMENT Communication Online office and organization texts, E-mail, calendar, spreadsheets, contacts, SMS, fax presentations Cloud storage De-Mail for photos, videos, legally secure music and
Slide 18: Consumer Applications: assets
CONSUMER APPLICATIONS: ASSETS One of the leading providers of consumer applications with GMX, WEB.DE and mail.com 35.2 million active accounts in Germany alone - over 50% market share for private e-mails eIDAS/ Cloud- email* Content* ID De-Mail Storage* #1 #1 #2 #1 #3 Differentiation through d
Slide 19: Consumer Applications: accounts
CONSUMER APPLICATIONS: ACCOUNTS (in million) Free-Accounts Pay-Accounts 42.79 million consumer accounts (+ 1,020,000), 50 41.77 42.79 thereof 40.32 million free accounts (+ 920,000) +1.02 40 2.47 million pay accounts (+ 100,000) 30 27.7 million with mobile usage (+ 1,000,000) 39.40 40.32 20
Slide 20: Consumer Applications: revenues
CONSUMER APPLICATIONS: REVENUES (acc. to IFRS in € million) 300 279.1 +27.3 251.8 (+10.8%) 250 + 10.8% revenues to € 279.1 million 200 150 100 50 0 2020 2021 20 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 21: Consumer Applications: EBITDA
CONSUMER APPLICATIONS: EBITDA (acc. to IFRS in € million) 150 + 21.6% EBITDA to € 122.5 million 122.5 4.9 Incl. + € 4.9 million non-cash valuation effect from +16.9 100.7 (+16.8%) 100 derivatives + 16.8% operative EBITDA to € 117.6 million 117.6 42.1% operative EBITDA margin (prior year: 40.
Slide 22: Business Applications: from web host to e-business solutions provider
BUSINESS APPLICATIONS: FROM WEB HOST TO E-BUSINESS SOLUTIONS PROVIDER E-mail Website Sector Business marketing design Mobile apps content apps Local Display E-payment E-shops SEO tools listings advertising solutions 22 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 23: Business Applications: assets
BUSINESS APPLICATIONS: ASSETS Leading European provider Active in 17 countries: #1 in Germany, Spain, Poland and Austria, #2 in UK and France* Broad product portfolio In-house developments and cooperation with development partners Powerful data centers * Based on ccTLDs 23 Fiscal year 2021
Slide 24: Business Applications: customer contracts
BUSINESS APPLICATIONS: CUSTOMER CONTRACTS (in million) Abroad Domestic 10 8.78 8.45 +0.33 8.78 million customer contracts (+ 330,000) 8 4.52 million abroad (+ 130,000) 4.39 4.52 6 4.26 million domestic (+ 200,000) 4 2 4.06 4.26 0 31.12.2020 31.12.2021 24 Fiscal year 2021 & Outlook 2022 Montaba
Slide 25: Business Applications: revenues
BUSINESS APPLICATIONS: REVENUES (acc. to IFRS in € million) 1,200 1,062.8 +114.2 1,000 948.6 (+12.0%) + 12.0% revenues to € 1.063 billion 800 Customer growth 600 Increased up- and cross selling 400 Strong growth at Sedo (domain trading platform/parking) 200 0 2020 2021 25 Fiscal year 2021 &
Slide 26: Business Applications: EBITDA
BUSINESS APPLICATIONS: EBITDA (acc. to IFRS in € million) 360 328.3 315.3 -13.0 315 (-4.0%) - 4.0% EBITDA to € 315.3 million 270 225 Incl. - € 36.8 million for product/sales offensive in 180 the cloud business and further internationalization 135 29.7% EBITDA margin (prior year: 34.6%) 90 45 0
Slide 27: Group: KPIs 2021
GROUP: KPIs 2021 + 1.03 million customer contracts to 26.68 million contracts Revenue and earnings figures (in € million) 2020 2021 Change Revenues 5,367.2 5,646.2 + 5.2% EBITDA (1) 1,048.9 1,303.7 + 24.3% Operative EBITDA (2) 1,218.2 1,259.4 + 3.4% EBIT (1) 574.9 829.9 + 44.4% Operative EBIT (2)
Slide 28: Outlook 2022
OUTLOOK 2022 28 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 29: Outlook 2022
OUTLOOK 2022 Revenues: approx. € 5.85 billion, previous guidance approx. € 5.80 billion (2021: € 5.646 billion) EBITDA: at prior years level (2021: € 1.259 billion), including approx. - € 70 million start-up costs 1&1 mobile network (2021: - € 37.9 million) approx. - € 30 million for additio
Slide 30: Results 2021
RESULTS 2021 30 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022
Slide 31: Group: key figures as of December 31, 2021
GROUP: KEY FIGURES AS OF DECEMBER 31, 2021 Contracts in million / P&L KPIs acc. to IFRS in € million 31.12.2020 31.12.2021 Change Fee-based customer contracts 25.65 26.68 + 1.03 million Ad-financed free accounts 39.40 40.32 + 0.92 million Revenues 5,367.2 5,646.2 + 5.2% EBITDA (1) 1,048.9 1,303.7 +
Slide 32: Group: EBITDA / free cashflow bridge
GROUP: EBITDA / FREE CASHFLOW BRIDGE AS OF DECEMBER 31, 2021 (acc. to IFRS in € million) 1,303.7 -337.3 -286.8 600.8 -213.4 134.6 -105.6 495.2 EBITDA Taxes & interest Capex Contingent Working Free Cashflow Leasing FCF after 2021 payment DTAG Capital 2021 leasing 32 Fiscal year 2021 & Outlook 2022 Mo
Slide 33: Group: balance sheet as of December 31, 2021 (I)
GROUP: BALANCE SHEET AS OF DECEMBER 31, 2021 (I) (acc. to IFRS in € million) Assets 31.12.2020 31.12.2021 Explanation Property, plant and equipment / 3,469.4 3,439.1 Mainly unchanged intangible assets Goodwill 3,609.4 3,627.8 Increase due to acquisition of we22 Financial assets 99.5 443.2 Incr
Slide 34: Group: balance sheet as of December 31, 2021 (II)
GROUP: BALANCE SHEET AS OF DECEMBER 31, 2021 (II) (acc. to IFRS in € million) Debt and Equity 31.12.2020 31.12.2021 Explanations Equity ratio: - 2.3 PP to 50.9% by increasing the stake in IONOS (+ 8.43 PP Equity 4,911.2 4,923.2 to 75.10%; purchase price: approx. € 310 million) and 1&1 (+ 3.22 PP t
Slide 35: Our success story continues!
UNITED INTERNET AG Our success story continues! 35 Fiscal year 2021 & Outlook 2022 Montabaur, March 18, 2022