Slide 1: INVL TECHNOLOGY 6 months of 2020
INVL TECHNOLOGY 6 months of 2020
Slide 2: INVL Technology Key Figures
INL TECHNOLOGY INVL TECHNOLOGY KEY FIGURES
Slide 3: Structure of the portfolio companies of INVL Technology
STRUCTURE OF THE PORTFOLIO COMPANIES OF INVL TECHNOLOGY
Slide 4: Key figures of INVL Technology (thousand EUR)
KEY FIGURES OF INVL TECHNOLOGY (THOUSAND EUR) INVL Technology 31-12-2018 31-12-2019 31-03-2020 30-06-2020 NAV 28,024,654 28,958,136 28,839,349 29,221,994 NAV per share 2.3018 2.3784 2.3687 2.4001 THOUSAND EUR 6 months of 2018 6 months of 2019 6 months of 2020 Change in the fair value of financial as
Slide 5: INVL Technology financial assets (thousand EUR)
INVL TECHNOLOGY FINANCIAL ASSETS (THOUSAND EUR) COMPANIES 31-12-2018 31-12-2019 30-06-2020 NRD Companies (includes Etronika UAB, NRD Systems UAB, Norway 5,458 5,511 5,731 Registers Development AS and others) Novian (includes BAIP UAB, Acena UAB, Algoritmų sistemos UAB, Andmevara Services OU, Andmeva
Slide 6: Aggregated revenue of INVL Technology portfolio companies
AGGREGATED REVENUE OF INVL TECHNOLOGY PORTFOLIO COMPANIES INVL TECHNOLOGY COMPANIES 6 months of 2017 6 months of 2018 6 months of 2019 6 months of 2020 Revenue 10,895 12,426 15,778 16,542 EBITDA 427 402 624 1,328 EBIT 155 241 12 667 Net profit (loss) 243 186 (163) 475
Slide 7: Revenue of INVL Technology by country (thousand EUR)
REVENUE OF INVL TECHNOLOGY FOR BY COUNTRY (THOUSAND EUR) REVENUE OF INVL TECHNOLOGY FOR 6 MONTHS OF 2019 REVENUE OF INVL TECHNOLOGY FOR 6 MONTHS OF 2020 BY COUNTRY BY COUNTRY Lithuania Lithuania Norway 2% 4% 12% 12% Tanzania 2% 2% Estonia 4% 2% Norway Bangladesh 5% 7% Estonia 53% Kyrgyzstan 9% 57% B
Slide 8: Project geography of INVL Technology's businesses
PROJECT GEOGRAPHY OF INVL TECHNOLOGY’S BUSINESSES In 2020, INVL Technology companies carried out projects in 50 countries. New countries: Portugal, Serbia, Anguilla, Afghanistan, Saint Lucia, Senegal.
Slide 9: Managed companies
MANAGED COMPANIES RESULTS FOR 6 MONTHS OF 2020
Slide 10: NRD Companies H1 overview
S NRD Companies 2020 H1 overvie
Slide 11: NRD Companies global IT and consulting group
NRD Companies is a global information technology and consulting group of companies, specialising in the governance NRD Systems UAB 89.2 % 99 % NRD Bangladesh Ltd VILNIUS, LITHUANIA DHAKA, BANGLADESH and development of the economic digital 90 % 100 % Norway Registers infrastructure for Governments, E
Slide 12: Strategic Focus Areas for 2020 - 2021
Strategic Focus Areas for 2020 - 2021 Through retaining and growing our professional talent base Accelerating technology and continuing to focus on developing industry leading innovations solutions and system integration business streams. Strengthening the global Through expanding our subject compet
Slide 13: NRD Companies offerings
NRD Companies offerings RETAIL SECTOR • Smart Retail • KASU Post FINANCE SECTOR • Tax Administration System • Digital Loans • Business Register • Digital Banking/Banktron • Secured Transaction Register • Open Banking (PSD2) • One-Stop-Shops and Single Window CONSULTANCY • Intellectual Property Right
Slide 14: Public sector Offerings
Public sector Offerings Unified Registry Platform (URP) GxP – The Customer-Centric Service The Virtual Fiscal Device Management The URP automates standard Delivery Platform is designed for System improves VAT collection registration processes and is modern governments, to proactively through out the
Slide 15: Finance and Retail Offerings
Finance and Retail Offerings DIGITAL Loans is a platform for SME BANKTRON – an award-winning secure KASU RETAIL – An omnichannel and Retail loans used by banks and and intuitive digital banking platform. It solution to manage and other financial services providers to is easily integrated with the la
Slide 16: Sustainability
Sustainability We embrace the United Nations and World Bank Sustainability Initiatives through our contribution to: • Enabling the business environment & job creation • Increasing the efficiency of government services • Facilitating financial inclusion and access to finances • Supporting domestic re
Slide 17: Business Results 2020 H1
Business Results;:: 2020H1
Slide 18: Projects
PROJECTS Consultancy Solutions Support & maintenance services Subcontracting implemented • Senegal: Civil registration • Uganda: • Kenya: Cyber security (2019- system (2019-2020) • BUSREG maintenance (2019-2020-2021) . 2020) • Guyana: E-public service delivery • Zanzibar: VFD - Virtual fiscal device
Slide 19: Visibility & Recognition
Visibility & Recognition (§) NRD Companies
Slide 20: Webinars and Conferences
Webinars and Conferences Hosted events • April 29 Webinar hosted by ETRONIKA AND W.UP. “Reimagining Digital Banking During and After COVID-19” • May 28 Webinar “Catalysing Local Economic Recovery” • July 14 Webinar “How to Easily Climb Up in Business Rankings” • July 21-22, Two-day webinar “Digital
Slide 21: Opinion Statements / Articles
Opinion Statements / Articles
Slide 22: Awards
Awards National representatives for selecting the best solutions for the WORLD SUMMIT AWARDS WSA and awarded “Personal Income Tax Return Wizard” as “THE BEST SOLUTION FOR THE COUNTRY” and “THE FAVOURITE OF THE PUBLIC” The competition was organised by the Information Society Development Committee tog
Slide 23: Financial Results 2020 H1
Financial Results 2020 H1 eo e© eee ($) NRD Companies ee e©«© © @ e@
Slide 24: Key profit (loss) items (thous. eur)
Key profit (loss) items* (thous. eur) NRD Companies „NRD AS” UAB „NRD Systems“ UAB „Etronika” 6 months of 2019 6 months of 2020 6 months of 2019 6 months of 2020 6 months of 2019 6 months of 2020 6 months of 2019 6 months of 2020 Revenue 3,263 3,847 1,248 2,462 1,094 1,173 1,190 1,011 Gross profit 8
Slide 25: Key balance sheet items (thous. eur)
Key balance sheet items* (thous. eur) NRD Companies „NRD AS” UAB „NRD Systems“ UAB „Etronika” 31-12-2019 30-06-2020 31-12-2019 30-06-2020 31-12-2019 30-06-2020 31-12-2019 30-06-2020 Tangible assets 434 330 14 13 246 194 171 120 Intangible assets 370 306 15 14 2 2 281 238 Other non-current assets 77
Slide 26: Revenue
Revenue* H1 Linear (thous. EUR) H2 Linear 8 000 6 000 4 000 2 000 0 2016 2017 2018 2019 2020 *Aggregated revenue of NRD companies are represented.
Slide 27: EBITDA
EBITDA H1 Linear (thous. EUR) H2 Linear 700 600 500 400 300 200 100 0 -100 2016 2017 2018 2019 2020
Slide 28: Revenue of NRD Companies by country
Revenue of NRD Companies for Revenue of NRD Companies for 6 months of 2019 by country 6 months of 2020 by country Lithuania 45 % Estonia 4 % Lithuania 27 % The Cayman Islands 3 % Bangladesh 16 % Mauritius 4 % Zanzibar 33 % Estonia 2 % Norway 7 % The Cayman Islands 4 % Norway 16 % Barbados 2 % Tanzan
Slide 29: The Novian group
The Novian group Review of results for the first half of 2020
Slide 30: About the Novian group
About the Novian group The companies in the IT infrastructure services and software group Novian provide a wide range of services for companies and public sector institutions – from IT resource optimization and digital transformation opportunities to ensuring the high reliability of critical infrast
Slide 31: Main strategic directions
Main strategic directions • To expand the geography of group companies’ activities giving priority to the markets of the Baltic and Scandinavian countries; • To increase the companies’ competencies in the fields of high-performance computing devices, digital transformation, big data, and artificial
Slide 32: Novian group financial indicators
Novian group financial indicators Revenues, thousands of EUR EBITDA, thousands of EUR 25 000 1 600 1 400 20 000 1 200 15 000 1 000 800 10 000 600 400 5 000 200 0 0 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 ■ 1 half st ■ 2 half nd ■ 1 half st ■ 2 half nd
Slide 33: Novian group financial indicators (thousands of EUR)
Novian group financial indicators (thousands of EUR) Novian IT infrastructure services Software services Andmevara Algoritmų Zissor AS BAIP, UAB Services OU/ Andmevara AS Acena, UAB sistemos, UAB Andmevara SRL 6 months 6 months 6 months 6 months 6 months 6 months 6 months 6 months 6 months 6 months
Slide 34: Novian group financial indicators (thousands of EUR)
Novian group financial indicators (thousands of EUR) Novian IT infrastructure services Software services Andmevara Services Algoritmų Zissor AS BAIP, UAB Andmevara AS Acena, UAB OU/ Andmevara SRL sistemos, UAB 31-12-2019 30-06-2020 31-12-2019 30-06-2020 31-12-2019 30-06-2020 31-12-2019 30-06-2020 31
Slide 35: Revenue of Novian group by country
Revenue of Novian group by country (thousands of EUR) REVENUE OF NOVIAN FOR 6 MONTHS OF 2019 BY COUNTRY REVENUE OF NOVIAN FOR 6 MONTHS OF 2020 BY COUNTRY 3% 4% 10% 7% 3% Lithuania 3% Lithuania 6% Estonia 6% Estonia 6% Kyrgyzstan Norway 57% Burkina Faso 10% Burundi 8% Rwanda Rwanda 68% 9% Bangladesh
Slide 36: IT infrastructure services
IT infrastructure services BAIP (Lithuania), Andmevara Services OU (Estonia) and Andmevara SRL (Moldova)
Slide 37: Main financial figures
Main financial figures Revenues, thousands of EUR EBITDA, thousands of EUR 20 000 1 400 18 000 1 200 16 000 14 000 1 000 12 000 800 10 000 600 8 000 6 000 400 4 000 200 2 000 0 0 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 ■ 1 halfst ■ 2 half nd ■ 1 half st ■ 2 half nd
Slide 38: Companies' revenues by country
Companies' revenues by country (thousands of EUR) REVENUE OF BAIP, ANDMEVARA SERVICES IR ANDMEVARA REVENUE OF BAIP, ANDMEVARA SERVICES IR ANDMEVARA SRL FOR 6 SRL FOR 6 MONTHS OF 2019 BY COUNTRY MONTHS OF 2020 BY COUNTRY 5% 3% 9% Lithuania 6% 6% Lithuania 5% Kyrgyzstan 4% Norway Burkina Faso 7% 4% Bu
Slide 39: Long-term priorities
Long-term priorities ▪ Geography of services: focus on development in the Baltic and Norwegian markets ▪ Service portfolio: ▪ High performance computing devices and clusters; ▪ Continuous services that require high qualifications; ▪ Open source cloud technologies; ▪ Data archiving solutions.
Slide 40: Empowering businesses through technologies
Empowering businesses through technologies ▪Critical IT infrastructure services: ▪consulting on digital transformation strategy preparation and implementation; ▪high availability solutions, ▪high performance computing and cloud computing design, installation and control services, ▪IT infrastructure
Slide 41: Main projects
Main projects HIGH PERFORMANCE DATA CENTER SOLUTIONS CONTINUOUS SERVICES COMPUTING ▪ Botswana’s South Africa Development ▪ Burundi revenue authority (Office ▪ Bank of the Republic of Burundi Community Climate Services Centre Burundais des Recettes, OBR): critical (BRB): critical IT infrastructure (S
Slide 42: Software services
Software services Algoritmu Sistemos, Acena (Lithuania) and Andmevara AS (Estonia)
Slide 43: Main financial indicators
Main financial indicators Revenues, thousands of EUR EBITDA, thousands of EUR 7 000 500 6 000 400 300 5 000 200 4 000 100 3 000 0 2 000 -100 1 000 -200 0 -300 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 ■ 1 half st ■ 2 half nd ■ 1 half st ■ 2 half nd
Slide 44: Companies' revenues by country
Companies’ revenues by country (thousands of EUR) REVENUE OF ALGORITMŲ SISTEMOS, ACENA AND REVENUE OF ALGORITMŲ SISTEMOS, ACENA AND ANDMEVARA FOR 6 MONTHS OF 2019 BY COUNTRY ANDMEVARA FOR 6 MONTHS OF 2020 BY COUNTRY 2% 1%1% 2% 1% Lithuania 25% Estonia 25% Lithuania Estonia Moldova Norway Germany Lat
Slide 45: Long-term priorities
Long-term priorities • Services geography: to expand sales geography to Estonia and Norway. • Competence development in these areas: • Big Data, • Artificial Intelligence, • Robotic process automation, • Data lakes.
Slide 46: Portfolio of services and solutions
Portfolio of services and solutions Activities: creation of complex information systems for state institutions and large and medium-sized enterprises, business process digitalization, business intelligence solutions. Smart City: Environmental Strategic and risk e-health e-tax mTransport, protection
Slide 47: Main projects
Main projects Zanzibar Revenue Board: Bangladesh Computer Council: Development and Development of cybersecurity Consulting services for Development of 2021 implementation of unified Development of a Personal strategy, assessment of critical the development and census software for the product, packag
Slide 48: Media monitoring and digitization
Media monitoring and digitization Zissor (Norway)
Slide 49: Zissor revenues by country
Zissor revenues by country (thousands of EUR) FOR 6 MONTHS OF 2019 FOR 6 MONTHS OF 2020 2% 3% 1% 5% The United Kingdom 6% Sweden 7% The United Kingdom 6% Finland Sweden 39% Germany Germany 17% 24% Greece Greece 62% Others Norway Others 28% Thousands of EUR 6 months of 2019 6 months of 2020 Change Li
Slide 50: Long-term priorities
Long-term priorities 20+ Years on the international • Expansion of current portfolio of market. clients in the field of media monitoring and digitization; • Expansion of portfolio of services with offerings of other group companies: IT infrastructure and 1,000,000+ software services. Newspaper and m
Slide 51: Main services
Main services Archive PDF-to-Article Digitization Media Monitoring Digitization Conversion Services Software Software The company launched its new website in the first half of 2020.
Slide 52: Main clients and services
Main clients and services Zissor Media System Zissor Content System clients and clients service • Cision (UK) • Riksarkivet Sweden • Pressrelations (Germany) • Zissor Service Norway (Digitizing archives for Scandinavian newspapers and magazines) • ClipNews (Greece) • Zissor Service Norway (Conversio
Slide 53: Let's cooperate on securing digital environment!
Let’s cooperate on securing digital environment! NRD Cyber Security establishes cybersecurity capacity building practices and enhances cyber resilience to nations and organizations. The company specializes in the establishment and modernization of cybersecurity teams (CSIRTs) and security operations
Slide 54: Focus customers and key markets
FOCUS Europe Asia Cybersecurity operations build-out, incident detection and handling, establishment and support of Computer Security Incident Response Teams (CSIRTs) and cyber capacity enhancement at organizational and national levels CUSTOMERS Governments, public and private sector organizations S
Slide 55: NRD Cyber Security long term goals
NRD CYBER SECURITY LONG TERM GOALS NRD Cyber Security's value creating strategy is to expand the activities of consulting and integration projects with repetitive services and developed products. ▪ Development of NRD CIRT and CyberSOC in Baltic and Scandinavian regions; ▪ Development of geographical
Slide 56: Revenue (thous. EUR)
REVENUE (THOUS. EUR) 4 500 4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 0 2016 2017 2018 2019 2020 H1 H2 Starting from the end of 2018, NRD Cyber Security is actively investing into R&D activity. Until June 30, 2020 the total amount of investment has reached 1.2M EUR (539 k EUR - Company’s own fund
Slide 57: EBITDA (thous. EUR)
EBITDA (THOUS. EUR) 700 600 500 400 300 200 100 0 2016 2017 2018 2019 2020 H1 H2 Focus on creating own products and related to that investment into R&D has a significant effect on decreasing EBITDA ratio of the Company. Expenses incurred during research and early prototypes creation stages are not c
Slide 58: NRD Cyber Security revenue by country
NRD CYBER SECURITY REVENUE BY COUNTRY (THOUSAND EUR) REVENUE OF NRD CYBER SECURITY FOR 6 MONTHS OF 2019 BY COUNTRY REVENUE OF NRD CYBER SECURITY FOR 6 MONTHS OF 2020 BY COUNTRY Lithuania 2% Lithuania 2% 2% 1% 3% Norway 4% Egypt 2% 2% 2% 3% 7% Denmark RSA 37% 8% Norway Cyprus Greece Denmark 10% 64% S
Slide 59: Key profit (loss) and balance sheet items
KEY PROFIT (LOSS) ITEMS* KEY BALANCE SHEET ITEMS* (THOUS. EUR) (THOUS. EUR) NRD CS, UAB NRD CS, UAB 2019-12-31 2020-06-30 6 months 6 months Tangible assets 292 243 of 2019 of 2020 Intangible assets 92 68 Revenue Other non-current assets 213 212 1,353 962 Current assets 1,156 1,407 Gross profit 844 4
Slide 60: NRD Cyber Security projects
NRD CYBER SECURITY PROJECTS CSIRT/SOC ESTABLISHMENT NATIONAL CYBER ORGANIZATIONAL CYBER CAPACITY TECHNOLOGY SOLUTIONS CAPACITY BUILDING BUILDING ▪ Peru ▪ ENISA ▪ Lithuania ▪ Cyprus SOC assessment Revising CSIRT/SOC • IT Security Assessment Cyber sensor technology ▪ Egypt establishment methodoly for
Slide 61: NRD Cyber Security portfolio: organizational cybersecurity
NRD CYBER SECURITY PORTFOLIO: ORGANIZATIONAL CYBERSECURITY Comprehensive security check Implementation of Security Solutions ▪ Security risk assessment ▪ Security software/hardware ▪ Compliance assessment and assurance* ▪ CSIRT/SOC stacks ▪ Cybersecurity maturity assessment ▪ Fraud investigation and
Slide 62: NRD Cyber Security portfolio: national cybersecurity
NRD CYBER SECURITY PORTFOLIO: NATIONAL CYBERSECURITY ▪ National, governmental and sectorial CSIRT/SOC establishment Cybersecurity capacity building ▪ National cybersecurity strategy and legislative framework development ▪ Development of frameworks for Critical Information Infrastructure(CII) protect
Slide 63: Assessing the impact of the coronavirus pandemic
COVID-19 PANDEMIJOS POVEIKIO ATSKLEIDIMAS Assessing the impact of the coronavirus pandemic on the company’s operations in the first half of this year, the pandemic’s restrictions and closing of national borders had a negative impact on the signing of new projects, settlements and the performance of
Slide 64: Important information for closed-end investment company INVL Technology
IMPORTANT INFORMATION FOR CLOSED-END INVESTMENT COMPANY (UTIB) INVL TECHNOLOGY • Investments in the shares of closed-end investment companies (hereinafter may be reffered as “CEF“) are associated with investment risk and others risks specified in the Articles of Association and Prospectus of the clo
Slide 65: Thank you.
THANK YOU. INVL TECHNOLOGY Gynėjų str. 14, 01109 Vilnius, Lithuania www.invltechnology.lt info@invltechnology.lt