Slide 1: Vertiseit
VERTISEIT
Slide 2: Earnings Call Q2 2025
INTERIM REPORT JANUARY ~ JUNE 2025 EB NET REVENUE (MSEK) Es ‘mm Net Revenue »Annual Recurting Revenue (ARR) EARNINGS CALL Q2 2025
Slide 3: Agenda
VERTISEIT GROUP Q2 2025 AGENDA - MDT ACQUISITION - FINANCIALS - Q&A Q2 2025 KPI’s 16% 13% 259 ARR GROWTH Y/Y EBITDA MARGIN # OF EMPLOYEES
Slide 4: In-Store Experience Management
IN-STORE EXPERIENCE MANAGEMENT
Slide 5: MDT Acquisition
CONNECTING A WORLD OF RETAIL MDT ACQUISITION
Slide 6: MDT in Short
MDT IN SHORT ABOUT MDT • Founded: 2002 • Licenses: 30k • ARR: 20 MSEK (80% SaaS) • Organization: 15 employees • EBITDA margin: 35% • Channel Strategy: Partner First • Largest customers: Deutsche Telekom and McDonalds Germany 6
Slide 7: Slide 7
Slide 8: Main Partners
INVESTMENT PAPER MAIN PARTNERS
Slide 9: Grassfish
GRASSFISH
Slide 10: MDT Integration
MDT INTEGRATION INTEGRATION F ULL INTEGRATIO N • MDT to become an integrated part of Grassfish DACH • Integration process <3 months • Management System & Way of working • ERP & IT Infrastructure • Organization • Join forces on Grassfish IXM Aqua development • MDT Platform migration up to 3 years
Slide 11: Financing Structure
MDT INTEGRATION FINANCING S TRUCTURE • Valuation 87 MSEK on a cash and debt-free basis • ARR multiple of 4,3x • Financed through own generated cash together with existing credit facilities
Slide 12: Financials
FINANCIALS VERTISEIT
Slide 13: ARR Development
+13 YEARS OF SEQUENTIAL ARR GROWTH ARR DEVELOPMENT
Slide 14: ARR Momentum
VERTISEIT GROUP Q2 2025 - FINANCIALS ARR MOMENTUM Q2 ARR 290 MSEK Y/Y Growth 66% - of which organic 16% Q/Q Growth 4,0% Annualized NRR 107% Annualized Churn 2,8% • Continued stable organic ARR growth in a somewhat softer market • Organic ARR growth target remaining on >15% annually • MDT to contribu
Slide 15: Revenue Mix & Profitability
VERTISEIT GROUP Q2 2025 - FINANCIALS REVENUE MIX & PROFITABILITY Q2 Net Revenue 168 MSEK Adjusted EBITDA 22 MSEK Y/Y Growth 94% EBITDA Margin 13% SaaS 44% EBITDA Adjustments 17 MSEK Consulting 12% - of which Cost of Staff 8,4 MSEK Systems 45% - of M&A Costs 1,7 MSEK • Post-acquisition synergies eval
Slide 16: M&A Strategy and Readiness
VERTISEIT GROUP Q2 2025 - FINANCIALS M&A STRATEGY AND READINESS Q2 Net-debt 119 MSEK Available Liquidity 199 MSEK • Scalable Credit Facility Structure implemented supporting M&A Strategy • First Roll-up Acquisition performed • Optimized credit utilization to reduce interest expenses
Slide 17: Vertiseit
VERTISEIT