Goodtech Asa Class A · OSL:GOD
Goodtech Asa Class A — Q2 2023 Earnings Presentation
10 slides from Goodtech Asa Class A's earnings presentation, 2023
Slide 1: Data driven decisions in Nordic industry
Data driven decisions in Nordic industry The preferred partner for industrial efficiency Margrethe Hauge Øyvind Osjord CEO CFO Webcast Goodtech ASA Q2 2023
Slide 2: Summary
Webcast Goodtech ASA Q2 2023 Summary Continued strong growth in revenues in the quarter 213,7 MNOK 8,1 MNOK 1 Financials EBITDA continues to improve year-on-year Q2 2023 revenues Q2 2023 EBITDA 35% growth in order backlog year-on-year 306 MNOK 2 Market – strong growth both in Sweden and Norway
Slide 3: News Q2 2023
Kvartalsrapport Goodtech ASA Q2 2023 News Q2 2023 Announced contracts in the quarter Strategic events in the quarter Events after the reporting period +100 MNOK Digital Automated Established new Acquired liquid process transformation of production line to business area industry optimisation producti
Slide 4: From strategy to execution | Continuing to deliver on our promises
Webcast Goodtech ASA Q2 2023 From strategy to execution | Continuing to deliver on our promises Strategy “Motivate and “Grow back to “Become leader in industrial “Return to competitive statement activate our people” critical mass” digital transformations” profitability” MNOK invested in Order back
Slide 5: Key financial figures
Webcast Goodtech ASA Q2 2023 Key financial figures* Revenue* | MNOK Highlights +69% 1 213,7 174,6 69% growth in revenues from Q2 2022. Highest revenue in any quarter ever reported for the 143,3 126,3 113,0 continuing core business The growth is driven by increased order backlog and higher share
Slide 6: Improved margins and growth - despite 2 customer bankruptcies in the quarter
Webcast Goodtech ASA Q2 2023 Improved margins and growth - despite 2 customer bankruptcies in the quarter Reported EBITDA Adjusted EBITDA Q2 2023 Adjusted EBITDA H1 2023 (ex. effects from customer bankruptcies) (ex. effects from customer bankruptcies) +62% 27,0 14,8 22,9 4,1 12,2 4,1 8,1 EBITDA 5,0
Slide 7: Consolidated Balance Sheet (non-audited)
Webcast Goodtech ASA Q2 2023 Consolidated Balance Sheet (non-audited) Total Assets | MNOK Total Equity & Liabilities | MNOK 47% 47% 48% 47% 574 580 51% 574 580 550 547 550 547 25 10 57 5 48 512 85 512 0 0 60 89 143 149 162 228 241 108 148 203 222 192 90 58 84 86 76 51 45 48 36 34 307 305 266 265 275
Slide 8: Sales and order backlog
Kvartalsrapport Goodtech ASA Q2 2023 Sales and order backlog* Order backlog* | kNOK Development in order backlog | Continued operations +35% 306 270 282 227 220 +43% 59 63 44 48 36 Q2 Q3 Q4 Q1 Q2 2022 2022 2022 2023 2023 Q2 Q3 Q4 Q1 Q2 Order intake* | kNOK 2022 2022 2022 2023 2023 +60% +34% 238 193
Slide 9: Outlook
Webcast Goodtech ASA Q2 2023 Outlook Well positioned in a growing market within all Summary Q2 2023 segments of industrial digitalisation in the Nordics 213,7 MNOK 8,1 MNOK Q2 2023 revenue Q2 2023 EBITDA Ready for growth in our core business areas; automation, robotisation and digitalisation 306 MNO
Slide 10: Thank you!
Webcast Goodtech ASA Q2 2023 Thank you! Margrethe Hauge Øyvind Osjord CEO CFO 10