Dynavox Group Ab · OMXSTO:DYVOX
Dynavox Group Ab — Q3 2024 Earnings Presentation
19 slides from Dynavox Group Ab's earnings presentation, Oct 23, 2024
Slide 1: Q3 2024 Earnings call
Q3 2024 Earnings call October 23, 2024
Slide 2: Fredrik Ruben, CEO and Linda Tybring, CFO
Fredrik Ruben Linda Tybring Chief Executive Officer Chief Financial Officer linda.tybring@dynavoxgroup.com 2024-10-23 2 © 2024 Dynavox Group AB (publ)
Slide 3: About Dynavox Group
About Dynavox Group 2024-10-23 3 © 2024 Dynavox Group AB (publ)
Slide 4: Our vision and mission
Our vision A world where everyone can communicate Our mission We empower people with disabilities to do what they once did, or never thought possible 2024-10-23 4 © 2024 Dynavox Group AB (publ)
Slide 5: Our purpose
~ 50M number of people who cannot communicate effectively without Our purpose communication aids today As the world leader in assistive communication, we will drive the market forward while addressing a hugely underserved global audience. ~ M 2 ~ %2 number of people diagnosed percentage of people ye
Slide 6: Our global presence
Our global presence Revenue break down per region¹ • North America 78% • Europe 18% • Other countries 4% Direct & local presence Partners ¹ Based on FY 2 024 YTD September revenu e 2024-10-23 6 © 2024 Dynavox Group
Slide 7: Our comprehensive communication solution
Our comprehensive communication solution Language systems - From our catalogue of synthetic voices to our library of symbols to our text-based systems, we design highly customizable solutions. Software - Through our software, users can access computers, browse the web, text, and develop literacy ski
Slide 8: Q3: July – September 2024
Q3: July – September 2024 2024-10-23 8 © 2024 Dynavox Group AB (publ)
Slide 9: Q3 2024 highlights
Q3 2024 highlights • Solid top-line growth, after currency effects revenue grew by 18% • Revenue negatively affected short term by successful product launches. Underlying growth >20% in the quarter. • Strongest growth globally within the autism customer group. • EBIT increased by 26%. • Closed the a
Slide 10: Acquisition of Link Assistive in Australia and New Zealand
Acquisition of Link Assistive in Australia and New Zeeland • Link Assistive is the leading supplier of communication aid solutions and services to customers in Australia and New Zealand. • Dynavox Group’s solutions comprise the majority of Link Assistive’s revenues • Australia is one of the better f
Slide 11: TD Navio & the new TD I-110
TD Navio & the new TD I-110 • Comprehensive communication solution that primarily supports people with autism who need touch screen access • Can be personalized to meet individual needs and support self-expression • Supports communication in all environments 2024-10-23 11 © 2024 Dynavox Group AB (pu
Slide 12: Financials
Financials 2024-10-23 12 © 2024 Dynavox Group AB (publ)
Slide 13: Q3 2024 Revenue & Gross Margin
Revenue (SEK million) and Gross Margin 69% 68% 69% 68% 68% 69% 68% 67% 67% 67% 67% 67% 65% 66% 64% 64% 64% 64% 483 63% 473 476 Q3 2024 424 428 381 Revenue & Gross Margin 320 362 335 • Revenue was 483 SEKm (424), +14% 288 255 245 246 241 233 • Currency adjusted revenue growth was +18% 217 204 207 165
Slide 14: Q3 2024 EBIT
EBIT (SEK million) and EBIT Margin 61 60% 60 56 53 50% 50 48 42 40% 40 37 34 Q3 2024 EBIT 30 29 28 28 25 25 29 32 30% 21 20% • EBIT was 61 SEKm (48) 20 15% 13% 14% 15% 14% 16% 13 17 16 12% 13% 11% 11% 10% • EBIT margin was 12.6% (11.4) 10 7% 6% 8% 7% 6% 8% 8% 5% 0% • Opex increased with 16% organica
Slide 15: Balance sheet and Cashflow
Cashflow after continuous investments and cash position (SEK million) Balance sheet 200 48 63 100 41 42 and Cashflow 180 160 -11 3 -9 17 30 35 10 7 50 -28- 30 0 • Cash flow after continuous investments +7 140 -50 SEKm for the quarter 120 • Cash position 121 SEKm 100 197 -100 80 163 167 161 152 • Net
Slide 16: Summary of quarter and outlook
Summary of quarter and outlook • Another quarter of continued solid revenue growth • Profitability continues to strengthen sequentially • Successful product launches • Profitable growth via acquisitions continue • Investing in people, systems and tools to cater for future growth and improved scalabi
Slide 17: Financial targets
Financial targets* Time horizon 3-4 years 20% > 15% > 40% Growth Profitability Dividend Policy On average, grow revenue by To deliver an EBIT margin that Distribute at least 40% of 20% per year adjusted for reaches and exceeds 15% available net profits to currency effects, including shareholders in
Slide 18: Q&A
Q&A 2024-10-23 18 © 2024 Dynavox Group AB (publ)
Slide 19: Thank you!
Thank you! 2024-10-23 19 © 2024 Dynavox Group AB (publ)