4iG Nyrt. · BET:4IG
4iG Nyrt — Q1 2021 Earnings Presentation
21 slides from 4iG Nyrt's earnings presentation, June 2021
Slide 1: Investor Presentation 2021 Q1 Result
INVESTOR PRESENTATION 2021 Q1 RESULT
Slide 2: 2021 Q1 Key Highlights
2021 Q1 KEY HIGHLIGHTS ▪ Since the change in ownership in July 2018, 4iG has become the number two integrator in the Hungarian IT market, up from number six in 2018, and 4iG is expected to take over the market leadership position in 2021. ▪ Q1 2021 was the strongest quarter in 4iG's history: • HUF 1
Slide 3: Competence Development Overview
COMPETENCE DEVELOPMENT OVERVIEW On 26 January 2021, 4iG acquired a 24% stake in Rotors & Cams Ltd., making it a minority shareholder of the Target Company. 4iG will act as a professional investor in the target company, and the aim of the acquisition is to establish close professional cooperation bet
Slide 4: Near Term Outlook
NEAR TERM OUTLOOK ▪ Our goal is to enter and further strengthen the company in its three pillar strategic target segments (IT, Telco/Infrastructure, Space & Defense) in 2021 and become the #1 integrator in the Hungarian IT market in the next two years. ▪ We are looking forward to an outstanding year
Slide 5: Focus Areas of 4iG Group Strategy
FOCUS AREAS OF 4IG GROUP STRATEGY Telecommunication & IT /System Integrator Space & Defense Infrastructure ▪ Aim to become the market leader ▪ 4iG as an industry-specific system integrator ▪ Significant synergistic opportunities in ▪ Harmonization and exploitation of ▪ Significant synergies between
Slide 6: Company Overview
COMPANY OVERVIEW
Slide 7: Company Snapshot
COMPANY SNAPSHOT Business Highlights Financial Highlights (HUF bn) ▪ Due to its uniquely wide-range of competence and flexibility, 4iG is able to serve its customers' needs of any 100,0 size or complexity 57,3 41,1 ▪ 4iG’s most important assets are the +700 technical 50,0 14,0 4,0 5,0 employees (con
Slide 8: Competence Map
COMPETENCE MAP CUSTOMER BACK OFFICE INDUSTRY SPECIFIC SOLUTIONS Client hardware distribution Workstation as PUBLIC DATA LOCAL SECTOR NETWORK & WIFI a service Design, CENTRE Cabling, End-user and Switching, Routing, mobile security Security Software development Collaboration tools Certified hardware
Slide 9: Diversified Business Model
DIVERSIFIED BUSINESS MODEL SALES BY SALES BY SERVICE INDUSTRY Development Trade/ 21% Commerce Public Administration 4% 30% Operation Transport, 10% Warehousing 4% Consulting, Science, Support, consulting Manufacturing Legal activities 8% (pharmaceuticals, 14% Implementation parts, food, etc.) 4% 3%
Slide 10: Shareholder Information
SHAREHOLDER INFORMATION KEY SHAREHOLDERS(1) SHARE PRICE PERFORMANCE 800 KZF Vagyonkezelő Kft., Share Price Evolution (HUF) Free Float 36% MANHATTAN 700 Magántőkealap 62% 600 500 400 Market capitalization 300 as of 25-May-2021 200 HUF 57,8 billion 100 Treasury Shares 2% 2020 Q2 2020 Q3 2020 Q4 2021 Q
Slide 11: Activities of Subsidiaries
ACTIVITIES OF SUBSIDIARIES ▪ Founded: 2019 ▪ Acquired: 2020 ▪ Activity: certified hardware service ▪ Activity: Hardcore developer company that delivers custom software solutions in the filed of Artificial intelligence, data warehouse, FINTECH and test automation. ▪ Founded: 2019 ▪ Acquired: 2021 Apr
Slide 12: Hungarian IT Market
HUNGARIAN IT MARKET HUNGARY'S IT MARKET EXPECTED TO GROW BY AVERAGE 3.5% PER YEAR, MAINLY IN THE INFRASTRUCTURE AND APP/SERVICE SEGMENTS MARKET GROWTH FORECAST 2020-24 MAIN MARKET DRIVERS International technology trends IoT solutions have started to take off in the manufacturing, Hardware Software C
Slide 13: Key Players in Hungarian IT Market
FULL SCALEKEY PLAYERS IN HUNGARIAN IT MARKET T-Systems 4iG SERVICE CAPABILIITES Delta Unisys Asseco Invitech S&T EuroONE Symmetria Duna Tigra Elektronika 100+ Micro ICT Companies NICHE 100 EMPLOYEE # 1000+ Note: Size of the bubble indicated estimated revenue Source: 4iG, public sources 4IG PRESENTAT
Slide 14: Financial Overview
FINANCIAL OVERVIEW
Slide 15: Revenue Evolution by Segments
REVENUE EVOLUTION BY SEGMENTS 5 112 ▪ HW SALES: Turnover increased compared to base HW SALES 7 763 ▪ SOFTWARE DEVELOPMENT: The number and value of development projects has increased, and 4iG is also working on a number of specific development projects 1 465 DEVELOPMENT that are longer-term and span
Slide 16: 2021 Q1 Revenue Bridge
2021 Q1 REVENUE BRIDGE REVENUE BY TYPE OF NET REVENUE BUILD-UP SERVICE +77% HUF m HUF m 2020 2021 70 000 60 000 50 000 57 300 40 000 30 000 33 504 20 000 15 268 20 190 10 000 8 623 0 Q1 H1 Q1-Q3 Y (1) Other revenue: support, consultancy, implementation and other services 4IG PRESENTATION 16
Slide 17: 2021 Q1 EBITDA Bridge
2021 Q1 EBITDA BRIDGE EBITDA EBITDA BREAKDOWN BY QUARTER HUF m HUF m 2020 2021 +74% 6 000 5 000 5 047 4 000 3 000 2 818 2 000 1 004 1 000 1 360 578 0 Q1 H1 Q1-Q3 Y 4IG PRESENTATION 17
Slide 18: 2021 Q1 P&L Overview
2021 Q1 P&L OVERVIEW 4iG Nyrt 2021Q1 / ▪ In 2021 Q1, the earnings growth was 2020Q1 % 2021Q1 % (HUF M) 2020Q1 generated by the combined effect of significant organic sales growth and the Net Revenues 8 623 100% 15 268 99% 177% companies acquired in 2020 H2. Other operating income 39 0% 130 1% 332% ▪
Slide 19: 2021 Q1 Balance Sheet Summary
2021 Q1 BALANCE SHEET SUMMARY NET DEBT/(-CASH)(1) WORKING CAPITAL(2) HUF m HUF m 25 000 4 500 4 171 4 000 20 659 20 000 3 500 3 000 15 000 2 500 2 000 10 000 1 500 1 000 5 000 3 728 500 0 0 -500 -198 2020Q1 2021Q1 2020Q1 2021Q1 (1) Net debt: including provisions and long-term leases, rentals (IFRS16
Slide 20: Disclaimer
DISCLAIMER THIS PRESENTATION WAS MADE BY 4iG PLC (HEADQUARTERS: 1037 BUDAPEST, MONTEVIDEO U. 8). THE PRESENTATION SHALL CONTAIN ONLY FACTUAL INFORMATION AND REASONABLY DRAWN CONCLUSIONS VIA REASONABLE CALCULATIONS, FORMALLY PUBLISHED BY THOSE WHO ARE ENTITLED FOR THIS, IN ACCORDANCE WITH THE RELEVAN
Slide 21: Contact
H-1037 Budapest, Montevideo u. 8. Tel: +36 1 270 7600 Fax: +36 1 270 7679 www.4ig.hu