Desenio Group Ab · OMXSTO:DSNO
Desenio Group Ab — Q4 2022 Earnings Presentation
20 slides from Desenio Group Ab's earnings presentation, Feb 15, 2023
Slide 1: Q4 Result Presentation
Q4 RESULT PRESENTATION 15 February 2023
Slide 2: Agenda
AGENDA Q4 highlights Business update Financial update Q4 Summary Q&A 2
Slide 3: Q4 Operational Highlights
Q4 OPERATIONAL HIGHLIGHTS • • • • • 3
Slide 4: Q4 Operational Highlights
Q4 OPERATIONAL HIGHLIGHTS • • • • • • 4
Slide 5: In Summary Q4 2022
IN SUMMARY Q4 2022 -12% 85.6% 16.2% +13% 282 SEKm (82.3%) (15.3%) -66 SEKm NET SALES GROSS MARGIN ADJUSTED EBITA NET WORKING CAPITAL 5
Slide 6: Adjusted EBITA margin bridge
Adjusted EBITA margin bridge 6
Slide 7: Agenda
AGENDA Q4 highlights Business update Financial update Q4 Summary Q&A 7
Slide 8: Sales Stronger Than Overall Market Search Trends
SALES STRONGER THAN OVERALL MARKET SEARCH TRENDS DE GROUP BRAND PERFORMANCE UK GROUP BRAND PERFORMANCE 8
Slide 9: Share of Voice Increasing in Both Germany and the UK
SHARE OF VOICE INCREASING IN BOTH GERMANY AND THE UK 9
Slide 10: Conversion Rate and Traffic Lower Than Last Year
CONVERSION RATE AND TRAFFIC LOWER THAN LAST YEAR Conversion rate for all Desenio sites 3.5% 3.0% Q4 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 2020 2021 2022 Sessions for all Desenio sites 16 14 Q4 12 10 Millions 8 6 4 2 0 Jan Feb Mar Apr May Jun July Aug Sep
Slide 11: Q4 2022 Gross Order Intake
Q4 2022 GROSS ORDER INTAKE DESENIO GROUP GROSS ORDER INTAKE* 11
Slide 12: Q4 YoY Growth per Segment
Q4 YOY GROWTH PER SEGMENT NET SALES PER SEGMENT (SEKm) 12
Slide 13: Customer Highlights
CUSTOMER HIGHLIGHTS ACTIVE CUSTOMERS* (thousands) VISITS (thousands) ORDERS (thousands) 13
Slide 14: Agenda
AGENDA Q4 highlights Business update Financial update Q4 Summary Q&A 14
Slide 15: Financial Highlights
FINANCIAL HIGHLIGHTS NET SALES (SEK million) GROSS MARGIN ADJUSTED EBITA (SEK million) 15
Slide 16: Cash Flow Highlights
CASH FLOW HIGHLIGHTS CAPEX (SEK million) NET WORKING CAPITAL (SEK million) OPERATIONAL CASH FLOW (SEK million) 16
Slide 17: Operating Cash Flow Break Down
OPERATING CASH FLOW BREAK DOWN 17
Slide 18: Agenda
AGENDA Q4 highlights Business update Financial update Q4 Summary Q&A 18
Slide 19: Q4 2022 Summary
Q4 2022 SUMMARY • Lower net sales in line with the market for affordable wall art in Europe • Continued positive development in North America • Investments in infrastructure and lower salary costs lead to adjusted EBITA and EBITA margin in line with the fourth quarter 2021 • Cash and cash equivalent
Slide 20: Desenio Group
20 DESENIO GROUP