Revenio Group Oyj · OMXHEX:REG1V
Revenio Group Oyj — Q4 2022 Earnings Presentation
17 slides from Revenio Group Oyj's earnings presentation, Feb 9, 2023
Slide 1: Financial Statement Release 2022: Very Strong Finish for the Year
REVENIO GROUP CORPORATION: FINANCIAL STATEMENT RELEASE 2022 VERY STRONG FINISH FOR THE YEAR JOUNI TOIJALA, CEO ROBIN PULKKINEN, CFO February 9, 2023
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Revenio's shares. Revenio’s past performance is no guide to future performance, and persons needing advice should consult an independent financial adviser. This present
Slide 3: We aspire to keep the wonderful world visible for all
We aspire to keep the wonderful world visible for all Jouni Toijala Robin Pulkkinen CEO CFO
Slide 4: Agenda
Agenda 1. Business highlights of the quarter and year 2. Financials and shareholders 3. Financial guidance
Slide 5: Highlights of the quarter
Highlights of the quarter Very strong finish for the year 2022 • The strong development of the sales was influenced by very strong sales of retinal imaging devices, especially in the United States, and sales of retinal imaging devices and intraocular pressure measurement devices, in the EMEA region
Slide 6: October – December 2022 highlights
October – December 2022 highlights Very strong finish for the year 2022 • Net sales totaled EUR 28.3 (23.8) million, an increase of 18.8% • The currency-adjusted growth of net sales in October– N ET SAL ES 28.3 MEUR December was 16.1% • Operating profit was EUR 9.3 (7.1) million, or 33.1% of + 18.8%
Slide 7: January – December 2022 highlights
January – December 2022 highlights Very strong finish for the year 2022 • Net sales totaled EUR 97.0 (78.8) million, an increase of 23.1% • Operating profit was EUR 29.7 (22.1) million, or 30.6% of net sales, up by 34.3% N ET SAL ES 97.0 MEUR • The EUR 0.7 million non-recurring Oculo acquisition cos
Slide 8: Business highlights 2022
Business highlights 2022 Sales Software solutions • We have been working on increasing brand • Fully automatic iCare ILLUME and iCare DRSplus awareness of our iCare brand and won market screening solution was launched shares with our main products in our key markets • Pilot projects have proceeded a
Slide 9: Organization change
Organization change • After the review period, on February 1, 2023, Revenio announced • The new organizational structure will bring changes to the the renewal of its organizational structure effective from February 1, responsibilities of the Leadership Team and introduce one new 2023 member to the L
Slide 10: Financials
FINANCIALS ROBIN PULKKINEN, CFO
Slide 11: Development of Revenio's key figures
Development of Revenio’s key figures Change- Change- MEUR 10-12/2022 10-12/2021 1-12/2022 1-12/2021 % % Net sales 28.3 23.8 18.8 97.0 78.8 23.1 • The positive exchange rate impact on Gross margin 20.0 16.8 19.0 69.8 55.8 25.1 revenue slowed down significantly Gross margin, % 70.9 70.8 0.1 71.9 70.8
Slide 12: Very strong finish for the year
Very strong finish for the year Net sales (EUR million) Adjusted operating profit EUR million and % (EBIT) 30 28,3 1,2 10 9,345 38,8 30,7 23,8 24,4 24,1 35,2 7,7 40 25 1 7,6 31,3 7,7 8 32,6 27,5 7,129,2 35 19,7 19,4 20,2 25,2 23,7 31,7 33,1 20 18,9 0,8 30 16,8 20,4 5,9 5,6 15,8 6 13,7 5,6 5,2 25 15
Slide 13: Year ended with a strong balance sheet and cash position
Year ended with a strong balance sheet and cash position Cash flow from operations (EUR million) Equity ratio and net gearing (%) 70 67,4 66,2 67,4 66,8 25,0 14 65 64,0 63 61,1 60,9 60,3 61,9 20,7 20,0 11,7 59,5 12 11,0 60 57,6 14,8 15,0 10 55 11,2 10,0 50 8 7,1 6,1 6,7 6,5 7,0 6,5 6,2 45 5,0 5,8 6
Slide 14: Shareholders on Dec 31, 2022
Shareholders on Dec 31, 2022* No. of shares % Verified Owner distribution by country: 1. William Demant Invest A/S 4,292,299 16.09% 2022-12-31 Finland 46.59% 2. SEB Funds 1,140,249 4.27% 2022-11-30 Denmark 16.86% 3. Columbia Threadneedle 1,072,769 4.02% 2022-09-30 United States 16.73% 4. Vanguard 82
Slide 15: Financial guidance
Financial guidance Net sales Financial guidance for 2023 Net sales (EUR million) Operating profit, EBIT (EUR million) (published on February 9, 2023) 97 78,8 61,1 Revenio Group's exchange rate adjusted net sales are 49,5 estimated to grow strongly from the previous year and profitability, excluding
Slide 16: Q&A
Q&A REVENIO
Slide 17: Thank you!
“We aspire to keep the Financial guidance for 2021 – updated on August 4 , 2021 th wonderful world visible for all” Revenio Group’s exchange rate adjusted net sales are estimated to grow very strongly from the previous year and profitability is to remain at a good level without non-recurring items.