Slide 1: StrongPoint Q4 2022
StrongPoint Q4 2022 13 February 2023
Slide 2: Agenda
Agenda Introduction to StrongPoint Highlights Q4 2022 Other key financial figures Jacob Tveraabak Hilde Horn Gilen Chief Executive Officer Chief Financial Officer
Slide 3: StrongPoint's double opportunity: technology to solve grocery retailer megatrends
StrongPoint’s double opportunity: technology to solve grocery retailer megatrends Labour costs Need solutions to be less going up labour dependent, often involving automation StrongPoint Double Opportunity: Discounters All players in the market becoming keep costs down in general Technology mainstre
Slide 4: The StrongPoint sandwich
The StrongPoint sandwich Sauce Robotics, Tomorrow’s Automation & solutions Staffless shops Toppings Order picking, E-commerce Last mile, solutions Automated MFC Bread & Self-checkout, Butter Pay & Collect, Cash In-store Management solutions
Slide 5: StrongPoint's financial ambitions
StrongPoint’s financial ambitions Revenue in 2025 2.5Bn EBITDA 13-15%
Slide 6: Highlights Q4 2022
Highlights @4 2022 'S) StrongPoint
Slide 7: Highlights Q4 2022
Highlights Q4 2022 • Strong financial performance • Continued customer success in priority areas • Further progress on 2025 strategic ambitions
Slide 8: 4th quarter revenue
4th quarter revenue Revenue MNOK +43% 405 346 321 301 289 284 249 252 215 223 215 214 196 181 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22
Slide 9: 4th quarter EBITDA
4th quarter EBITDA EBITDA MNOK +14 MNOK 34 21 21 20 20 17 17 14 14 12 12 10 10 8 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22
Slide 10: Revenue share per solutions' segments
Revenue share per solutions’ segments Relative share of revenue per segment Percent Segments 24 28 In-store productivity 33 37 39 39 43 Payment Solutions 20 15 E-commerce Logistics 22 4 22 7 25 25 10 Check Out Efficiency 27 11 10 13 Shop Fitting 8 10 6 14 32 25 12 Other retail technology 16 12 11 9
Slide 11: Continued customer success in priority areas
Strong financial performance Continued customer success in priority areas • StrongPoint signed the first AutoStore solution with three temperature zones: ambient, chilled and frozen • Pilot of 20 Click & Collect temperature controlled lockers to major grocery chain in the US • Frame agreement with D
Slide 12: Further progress on 2025 strategic ambitions
Further progress on 2025 strategic ambitions Further progress on 2025 strategic ambitions • Expanded geographical scope with rights to sell Pricer ESL to Spain, as well as UK and Ireland • Awarded distribution rights for AutoStore in the UK and Ireland • Completed first development phase of a new, l
Slide 13: Other key financial figures
Other key financial figures 'S) StrongPoint
Slide 14: Revenue and EBITDA 2022 compared to prior years
Revenue and EBITDA 2022 compared to prior years MNOK Revenue EBITDA 1 372 76 69 63 942 981 54 824 2019 2020 2021 2022 2019 2020 2021 2022 * Air Link Group Ltd was acquired on June 1, 2022
Slide 15: Q4 EBITDA break down
Q4 EBITDA break down EBITDA MNOK 23 34 27 1 4 4 4 20 Q4 2021 Gross Profit ALS Cost E-com R&D Tax refund E-com Sales/ Other Q4 2022 marketing
Slide 16: Earnings per share
Earnings per share EPS EPS adjusted* EPS per quarter EPS rolling 12 month NOK per share NOK per share 0.95 0.81 0.67 0.66 0.56 0.57 0.58 0.51 0.38 0.39 0.39 0.26 0.27 0.28 0.22 0.18 0.18 0.11 0.12 0.07 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 * EPS adjusted for amortisation of int
Slide 17: Cash Flow movements in 2022
Cash Flow movements in 2022 MNOK 20 89 76 174 35 45 11 10 24 47 14 5 Cash EBITDA Earn Out Acquisition Dividend Change WC Capex Purchase Change Change Change Cash 31.12.21 received / sale own long term long term Overdraft 31.12.22 shares debt receivables / other
Slide 18: Continued "break even" debt position except IFRS
Continued “break even” debt position except IFRS MNOK 0.5 1.08 0.95 Net leverage 67 72 IFRS Liabilities 4 25 NIBD ex IFRS 75 68 39 35 37 Net Interest -13 -8 Bearing Debt -155 -177 -116 -141 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 * Net leverage = Net Debt / 12 months rolling revenue
Slide 19: Ambition to gradually increase dividends
Ambition to gradually increase dividends 1.50 Extraordinary Ambition from Board of Directors Dividend dividend Continue to pay and increase the NOK per share dividend forward 0.90 1.00 0.80 0.70 0.60 0.55 0.50 0.45 0.35 0.30 0.25 0.50 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021* 2022* * The Bo
Slide 20: Financial calendar 2023
Financial calendar 2023 IR-contact: • 31 March: Annual Report CFO Hilde Horn Gilen • 27 April: Q1 2023 hilde.gilen@strongpoint.com General Meeting 2023 +47 920 60 158 • 14 July: Q2 2023 • 23 October: Q3 2023
Slide 21: Thank you!
'S) StrongPoint Thank you!