Logo Yazilim Sanayi Ve Ticaret A.s. · BIST:LOGO
Logo Yazilim Sanayi Ve Ticaret A.s — Logo Yazılım — 9M 2015 Earnings Presentation
15 slides from Logo Yazilim Sanayi Ve Ticaret A.s's earnings presentation, Nov 3, 2015
Slide 1: 2015 9 Month Results Analyst Presentation
2015 9 MONTH RESULTS ANALYST PRESENTATION Gülnur ANLAŞ CHIEF FINANCIAL OFFICER November 3rd, 2015
Slide 2: Disclaimer
Disclaimer This presentation contains information and analysis on financial statements as well as forward-looking statements that reflect LOGO management’s current views with respect to certain future events. Although it is believed that the information and analysis are correct and expectations refl
Slide 3: Content
Content 2015 Q3 Operating Highlights Financial Review Questions & Answers
Slide 4: Q3 Operating Highlights
Q3 Operating Highlights • Logo had an all-time high top and bottom line growth in the third quarter. • Q3 revenue growth was 66% , and operating profitability increased by 209% • 9 month revenue growth was 29%, and operating profitability increased by 54% • Logo continues to help customers go digita
Slide 5: Q3 Operating Highlights
Q3 Operating Highlights • Acquired CRM company Intermat in January, warehouse & logistics software company Sempa in June, and document and process management software company Vardar in September 2015- further growing our product range • Our continued focus on operating excellence across all of our b
Slide 6: Content
Content 2015 Q3 Operating Highlights Financial Review Questions & Answers LOGO General IR Presentation 2014
Slide 7: Financial Summary
Financial Summary 9M LFL Guidance IFRS (m TL) 9M 14 9M 15 D 9M 14 9M 15 D YE14 YE15 D Revenue 68,9 89,0 29% 70,0 89,0 27% 104,0 120,0 15% EBITDA 30,9 47,6 54% 31,0 47,6 54% 39,6 47,5 20% EBITDA Margin 45% 54% 44% 54% 38% 40% Net Income 21,6 39,6 83% 21,7 39,6 82% 27,7 35,0 26% Net Income Margin 31%
Slide 8: Key Financials: Sales
Key Financials Third Quarter Sales(m TL) Sales Performance (m TL) CAGR: 50% 29% 40,00 120 34,70 104 35,00 100 89,0 30,00 80 70,7 25,00 68,9 20,87 20,00 60 46,2 14,21 15,00 40 31 10,00 8,52 20,8 5,84 4,12 20 5,00 2,79 0,00 0 Q3 2009 Q3 2010 Q3 2011 Q3 2012 Q3 2013 Q3 2014 Q3 2015 2010 2011 2012 2013
Slide 9: Key Financials: Recurring Revenue
Key Financials Recurring Sales (m TL) Recurring Sales (%) one-time recurring CAGR: 211% 7% 120 4% 4% 15% 100 24% 36% 39% 37 47% 80 36% 53% 42 60 17 27 96% 85% 40 7 76% 64% 61% LEM 1 67 54 53% Pay as you go 20 42 47 39 Maintenance 30 SaaS 0 2011 2012 2013 2014 9M14 9M15 2011 2012 2013 2014 9M14 9M15
Slide 10: Key Financials: Operating Expenses
Key Financials R&D (000 TL) Share in Revenue (%) S&M (000 TL) Share in Revenue (%) G&A (000 TL) Share in Revenue (%) 29% 27% 22% 19% 10% 8% 100,0 100,0 89,0 100,0 89,0 89,0 80,0 80,0 68,9 80,0 68,9 68,9 60,0 60,0 60,0 40,0 40,0 40,0 20% 24,16 12% -3% 20,06 15,48 17,31 20,0 20,0 20,0 7,23 7,04 0,0 0,
Slide 11: Key Financials: Profitability
Key KeyFinancials Financials EBIT (m TL) EBITDA (m TL) Net Income (m TL) CAGR: Ch: CAGR: Ch: CAGR: Ch: 65% 63% 50% 54% 107% 83% 45 39,6 40 38,4 38%47,6 35 29,6 39,6 28 30 23,5 38% 30,9 21,6 25 20,8 27,1 19 20 15 31% 28% 17,4 11,6 11 11,8 10% 10% 29% 10 6,6 5 3 0 2011 2012 2013 2014 9M14 9M15 2011 20
Slide 12: Key Financials: Balance Sheet and Working Capital
Key Financials Balance Sheet Highlights (m TL) Working Capital (m TL) (Share in Revenue %) 2014 9M 2015 D Cash & Cash Eq. 48,7 33,7 -31% 35% 38% 60% 46% 49% 49% Trade Receivables 53,7 46,6 -13% Tangible Assets 15,1 15,3 1% 48,0 42,8 43,4 Intangible Assets 43,6 57,0 31% Other Assets 5,1 3,0 -41% 33,5
Slide 13: Share Performance
Share Performance 7 1H2014 2014 financials financials released Announced Q12014 Share Buyback Voluntary released (Feb 16 2015) financials (Sept 21, 2015) 6 tender offer (Aug 13. 2014) released (Jan 27. 2014) LoI with (May 12. 2014) 2013 financials Intermat 5 announced signed Acqusition of (Feb 14. 2
Slide 14: Content
Content 2015 Q3 Operating Highlights Financial Review Questions & Answers
Slide 15: Thank you for joining us today
Thank you for joining us today LOGO Investor Relations Team T: +90 262 679 8000 E: investor@logo.com.tr 15