Slide 1: Results Webcast 1Q24
Results Webcast 1Q24 Investor Relations ri@padtec.com.br Padtec S/A © 2023. Todos os direitos reservados.
Slide 2: Disclaimer
Disclaimer This material may contain projections and/or estimates of future events. The use of the terms "anticipates", "believes", "expects", "estimates", "plans", "anticipates", "projects", among others, is intended to signal possible trends and statements that evidently involve uncertainties and
Slide 3: Padtec S/A © 2023. Todos os direitos reservados.
Padtec S/A © 2023. Todos os direitos reservados.
Slide 4: Paving the future
Paving the future • LightPad Max, the new generation of Padtec transponders: tests carried out in real networks with prototypes showed good results – its launch is scheduled for 1H24 • Installation of a pluggable manufacturing unit in an advanced phase: equipment intended for internal consumption •
Slide 5: Financial Results 1Q24
Financial Results 1Q24 Padtec S/A © 2023. Todos os direitos reservados.
Slide 6: Financial Results
Financial Results Net Revenues (R$MM) 400 368.7 347.9 300 228.4 210.7 200 100 79.2 79.5 61.1 57.7 0 2023 LTM 1Q24 DWDM Brazil LTM 1Q24 corresponds to the sum of EBITDA recorded in the last twelve months DWDM Foreign Market Services, Software & Platforms Padtec S/A © 2023. Todos os direitos reservado
Slide 7: Financial Results
Financial Results Gross Margin (%) 50% 40% 35.6% 33.8% 30% 20% 10% 0% 2023 LTM 1Q24 LTM 1Q24 corresponds to the sum of EBITDA recorded in the last twelve months Padtec S/A © 2023. Todos os direitos reservados.
Slide 8: Financial Results
Financial Results EBITDA (R$MM); EBITDA margin (%) 60 56.0 50 42.1 40 30 20 10 0 2023 LTM 1T24 LTM 1Q24 corresponds to the sum of EBITDA recorded in the last twelve months Padtec S/A © 2023. Todos os direitos reservados.
Slide 9: Financial Results
Financial Results Administrative Expenses x R&D x Net Revenues (R$MM) Net Revenues (R$MM) 50 12% 43.6 41.7 42.4 41.5 10% 9% 40 8% 8% 8% 8% 30 6% 20 4% 10 2% 13% 11% 11% 12% 0 0% 2021 2022 2023 LTM 1Q24 2021 2022 2023 LTM 1Q24 Sales Expenses x Financial Expenses x Net Revenues (R$MM) Net Revenues* (R
Slide 10: Financial Results
Financial Results • Debt restructuring conducted at the beginning of 2024 • 85% in the long-term, average funding cost 5.7% p.a. in 1Q24 Debt: long X short term (R$MM) Net Debt / LTM EBITDA¹ (X) 150 131.7 2 112.5 100 85.3% 2.37 88.1% 1 50 1.08 11.9% 14.7% 0 0 2023 1Q24 2023 1Q24 Short term debt Long
Slide 11: Financial Results
Financial Results Debt Evolution (R$MM) 150 100 131.7 50 112.5 99.9 50.6 1.1 0 (32.5) (29.9) (1.9) -50 Gross Debt Interest Amortization New Loans Gross Debt Cash and Cash Financial Net Debt 1Q24 2023 and Principal 1Q24 Equivalents Investments in Payment Guarantee Padtec S/A © 2023. Todos os direitos
Slide 12: Growth opportunities
Increase the range of International products and services expansion offered • Increase market share in the countries in which we already • Make a strong debut in the switches and routers market Growth operate Continue the path of growth in the opportunities • Expand sales in the North American marke
Slide 13: padtec
Padtec S/A © 2023. Todos os direitos reservados. padtec