Claranova Se · EURONEXT:ALCLA
Claranova — H1 2017-2018 Earnings Presentation
32 slides from Claranova's earnings presentation, Mar 28, 2018
Slide 1: Summarised six-month Financial Statements 2017-2018
Summarised six-month Financial Statements 2017-2018 March 2018 1
Slide 2: A unique group covering all the key areas of technology
A unique group covering all the key areas of technology Internet Mobile IoT • Vision: Monetisation of traffic • Vision: Mobile printing • Vision: IoT solutions • Strategy: Turning Avanquest • Strategy: The global • Strategy: Unique technologies into an Internet leader through benchmark for mobile pr
Slide 3: First half-year FY2018 summary
First half-year FY2018 summary PlanetArt has continued to grow significantly , with revenue up 49 % at constant exchange rates. Growth in revenue came with a sharp rise in business profitability, in spite of significant investments in marketing. Through our partnerships with Sprint in the United Sta
Slide 4: All our financial indicators are now positive
All our financial indicators are now positive Very strong growth in Group revenue in the first half-year, reaching €89.9 M, up 33 % (at constant exchange rates) Profitable growth with EBITDA at €2.8 M (versus -€1.6 M) Highly positive operating cash flows, reaching €12.5 M and a consolidated net cash
Slide 5: Consolidated financial statements First half 2017-2018
Consolidated financial statements First half 2017-2018 Interim Earnings Statement HY1 2017-2018 - 5 March 2018
Slide 6: Strong growth in revenue, profitability and cash flows
Strong growth in revenue, profitability and cash flows Revenue 89.9 Recurring operating margin +3% 71.9 55.6 -2 % -7 % Jul.-Dec. 2015 Jul.-Dec. 2016 Jul.-Dec. 2017 EBITDA as a percentage of revenue– see appendix Jul.-Dec. 2015 Jul.-Dec. 2016 Jul.-Dec. 2017 in millions of euros – on a like-for-like b
Slide 7: The Group's return to profitability
The Group's return to profitability July-Dec. July-Dec. in millions of euros 2017 2016 Revenue 89.9 71.9 Raw materials and purchased goods (29.9) (22.3) Other purchases and external expenses (39.9) (33.0) Taxes, fees and similar payments (0.1) (0.1) Employee expenses (15.0) (13.5) Other recurring op
Slide 8: Dramatic growth in profitability for all three divisions
Dramatic growth in profitability for all three divisions July-Dec. July-Dec. July-Dec. July-Dec. July-Dec. July-Dec. in millions of euros July-Dec. 2017 July-Dec. 2016 2017 2016 2017 2016 2017 2016 Revenue 69.2 49.6 19.7 21.1 1.0 1.3 89.9 71.9 EBITDA 3.7 0.4 1.2 0.5 (2.1) (2.4) 2.8 (1.6) 6.0 % 2.2 %
Slide 9: Profitability hardly affected by exchange rates
Profitability hardly affected by exchange rates July-Dec. 2017 July-Dec. 2017 Impact of exchange in millions of euros Current exchange Constant exchange rates rate rate Revenue 89.9 95.3 (5.4) EBITDA 2.8 2.9 (0.1) Revenue was significantly affected by exchange rates (USD and GBP). However, they had
Slide 10: The Group has generated positive cash flows
The Group has generated positive cash flows July-Dec. July-Dec. in millions of euros 2017 2016 Cash flow from operations 12.5 7.7 Operations generated Cash flow from investments 13.2 0.5 €12.5 M in cash flow despite high levels of Cash flow from financing activities 1.7 3.3 investments Variation in
Slide 11: A healthy balance sheet
A healthy balance sheet in millions of euros 31 Dec. 2017 30 June 2017 in millions of euros 31 Dec. 2017 30 June 2017 Goodwill - - Shareholder Equity 17.2 1.3 Other non-current assets 1.6 2.0 Financial debt 0.3 1.1 Current assets 14.9 11.0 Other non-current liabilities 0.6 0.7 Cash assets 43.5 17.1
Slide 12: PlanetArt
Interim Earnings Statement HY1 2017-2018 - 12 March 2018
Slide 13: Sustained high growth in business
Sustained high growth in business Almost 50 % growth per € annum for 3 years + 48 % CA en millions d'euros per annum Almost twice as many Very strong growth photos printed every year in client base +86 % +67 % Juil.-Déc. 2015 Juil.-Déc. 2016 Juil.-Déc. 2017 per annum per annum Summarised six-month F
Slide 14: Growth generating profit
Growth generating profit Very positive EBITDA Sustained marketing investmens to + €3.7 M accelerate growth +35 % + €0.4 M -€5.3 M +26 % Juil.-Déc. 2015 Juil.-Déc. 2016 Juil.-Déc. 2017 Juil.-Déc. 2015 Juil.-Déc. 2016 Juil.-Déc. 2017 • Proven profitability in this half-year: EBITDA of €3.7 M, or +5 %
Slide 15: Geographical consolidation and a larger product offering
Geographical consolidation and a larger product offering Revenue growth in continental Consolidated geographical presence in continental Europe and Ireland Europe. Market penetration in Asia planned for 2018. +157 % per annum Launch of new products and services: FreePrints now lets you print your ph
Slide 16: Internet
Interim Earnings Statement HY1 2017-2018 - 16 March 2018
Slide 17: The traditional software business is evolving towards Internet traffic monetisation
The traditional software business is evolving towards Internet traffic monetisation Traffic Search Content Downloads Monetisation FREE PAID-FOR Advertising/Freemium Products or Services Infrastructure Advertising E-commerce CRM Big Data platform platform platform AI, Blockchain • Strategy implemente
Slide 18: Avanquest today
Avanquest today Traffic Search Content Downloads Monetisation FREE Advertising/Freemium PAID-FOR Products or Services Photo Instacards Editor Infrastructure Advertising E-commerce CRM Big Data AI, platform platform platform Blockchain • We now partially cover this overall vision through Avanquest pr
Slide 19: Avanquest today
Avanquest today Traffic 1 Traffic: 7 million unique visitors Search Content Downloads 1 per month on our websites 3 million downloads per month. Monetisation: through Monetisation software sales or freemium 2 FREE Advertising/Freemium PAID-FOR Products or Services offers. €10 for 1,000 e-mails Photo
Slide 20: Avanquest + Adaware + SodaPDF + upclick
Avanquest + Adaware + SodaPDF + upclick Traffic Search Content Downloads Monetisation FREE Advertising/Freemium PAID-FOR Products or Services Photo Instacards Editor Infrastructure Advertising platform E-commerce platform CRM platform Big Data AI, Blockchain • Adaware: A leader in data security and
Slide 21: Avanquest + Adaware + SodaPDF + upclick
Avanquest + Adaware + SodaPDF + upclick Traffic Adaware: 14 million unique Search 1 Content Download visitors per month 1 13 million downloads per month 13 million clients Monetisation 450 million software installed. FREE Advertising/Freemium 1 PAID-FOR Products or Services 2 SodaPDF: 4 million Phot
Slide 22: Avanquest + Adaware + SodaPDF + upclick
Avanquest + Adaware + SodaPDF + upclick HY1 FY18: July-Dec. 2017 in MUSD Revenue 22.3 MUSD 17.5 MUSD EBITDA 1.4 MUSD 4.0 MUSD • Internet traffic totalling 25 million visitors per month. • More than 16 million new downloads every month. • A combined installed base of 40 million clients. • More than 5
Slide 23: Internet of Things
Interim Earnings Statement HY1 2017-2018 - 23 March 2018
Slide 24: Develop solutions for the Internet of Things
Develop solutions for the Internet of Things Hardware Networks Solutions • A set of unique technologies to develop solutions for the Internet of Things. • Tools made available to telecoms operators, IT services companies, resellers, companies, developers, etc. • Among other things we have developed
Slide 25: A set of unique technologies to deliver everyday IoT Solutions
A set of unique technologies To deliver everyday IoT Solutions < Development • MQTT • 530,000 IoT • 300 sensors • IPSO developers • 125 manufacturers • Amazon WS IoT / • Used by leading • 16 LoRa networks groups, including Google Cloud IoT, etc. Cisco, EDS, STMicro, etc. Summarised six-month Financi
Slide 26: A set of unique technologies to deliver everyday IoT Solutions
A set of unique technologies To deliver everyday IoT Solutions Summarised six-month Financial Statements 26 2017-2018 - March 2018
Slide 27: What's in the kit
What's in the Gateway Telecoms operators Sensors Mobile & Web Apps Summarised six-month Financial Statements 27 2017-2018 - March 2018
Slide 28: These IoT solutions will be sold by our partners
These IoT solutions will be sold by our partners Summarised six-month Financial Statements 28 2017-2018 - March 2018
Slide 29: The business model: Marketplaces
The business model Sales / Mktg Marketplaces Component Connectivity Device Payment Gateway Packaging Logistics Distribution • Marketplace development financed by the operator. • Revenue from sales of the solutions broken down between the operator and myDevices. Summarised six-month
Slide 30: The business model: Marketplaces
The business model Network Marketplaces Component Sales / Mktg Device Payment Gateway Packaging Logistics Distribution • Besides operators, we are considering partnerships with resellers, IT services companies, value-added resellers, etc. • A business model similar to that of telec
Slide 31: Conclusion
Conclusion Over the past three years we have demonstrated our ability to: • Create new and innovative concepts in growth markets through our global technological group • Grow businesses like PlanetArt very quickly worldwide and sustain very strong growth. • Develop unique technologies such as myDevi
Slide 32: Note to the Reader
Note to the Reader This document provides forward-looking financial statements of Claranova, income from operations, businesses, strategy and plans. Even though Claranova believes that these forward-looking statements are based on reasonable assumptions, these cannot be considered as a guarantee of