Slide 1: StrongPoint Q1 2024
StrongPoint Q1 2024 25 April 2024
Slide 2: Agenda
Agenda Introduction Q1 2024 highlights Customer success Jacob Tveraabak Marius Drefvelin Other financials Chief Executive Officer Chief Financial Officer
Slide 3: Our purpose
Our purpose: Impact on grocery retailers Impact on end consumers "Retail technology in every shopping experience for a smarter and better life" Driving Improving both Efficiency Boosting the in-store and online Savings margins experience for shoppers
Slide 4: Our grocery retail solutions - aisle to aisle & door to door
Our grocery retail solutions - aisle to aisle & door to door In-store E-Commerce 1 9 In-store In-store 16 Product Pickup Manual Picking 11 (Vensafe) 2 10 Dark Store Electronic Manual Picking 6 Shelf Labels 2 9 3 11 12 Self-Checkout Automated & AI solutions Fulfilment 10 8 4 12 Cash Grocery Managemen
Slide 5: Q1 2024 highlights
Q1 2024 highlights 'S) StrongPoint
Slide 6: 1st quarter revenue
1st quarter revenue Revenue MNOK 405 -6% 381 359 346 337 331 321 301 293 284 249 252 196 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24
Slide 7: 1st quarter EBITDA
1st quarter EBITDA EBITDA MNOK 34 20 21 -19 MNOK 14 13 12 12 10 8 4 2 -3 -6 -18* -21 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 * The Q4 2023 EBITDA was -20.6 MNOK, including non-recurring restructuring and M&A costs of 7.3 MNOK and write-downs 10.6 MNOK. Excluding
Slide 8: Customer success
Customer success 'S) StrongPoint
Slide 9: Investments bearing fruit
Investments bearing fruit UK’s second largest grocery retailer StrongPoint’s new ‘CashGuard Connect’ picked StrongPoint’s Order Picking for all solution operational in-store with Spain’s its e-commerce fulfillment largest grocery retailer
Slide 10: Other financials
Other financials
Slide 11: Earnings per share
Earnings per share EPS EPS excl. M&A amortization* EPS per quarter EPS rolling 12 month NOK per share NOK per share 0,95 1,01 0,81 0,87 0,66 0,70 0,57 0,58 0,56 0,28 0,38 0,39 0,45 0,18 0,27 0,12 0,18 0,12 0,18 0,17 0,04 -0,02 -0,21 -0,15 -0,26 -0,19 -0,52 -0,65 -0,59 -0,77 -0,88 Q2-22 Q3-22 Q4-22 Q
Slide 12: Cash Flow movements in 2024
Cash Flow movements in 2024 MNOK 39 11 10 6 6 28 0 4 9 6 Cash EBITDA Change Change Capex Sale own Change Tax paid Other Cash 31.12.2023 NWC Overdraft shares long term 31.03.2024 debt (IFRS 16)
Slide 13: Changes in main working capital items in 2024
Changes in main working capital items in 2024 MNOK 183 3 3 11 173 5 31.12.2023 Accounts Accounts Public/Other Inventory 31.03.2024 receivable payable current
Slide 14: Net leverage and net interest-bearing debt
Net leverage and net interest-bearing debt Net leverage 0.69x 0.68x 1.73x n.m. n.m. 92 Signed Net interest-bearing debt agreement to 81 refinance from (MNOK) 77 MNOK 150 to MNOK 200. Completed 53 during Q2 2024 48 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Net leverage = Net interest-bearing debt / 12 months rol
Slide 15: Next presentation
Next presentation Investor relations contact information: • Strategy Update Session, 25 April 2024 investor@strongpoint.com or marius.drefvelin@strongpoint.com • Q2 2024 presentation, 12 July 2024 Marius Drefvelin, CFO Mobile: +47 958 956 90
Slide 16: Thank you
Thank you