Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa — Q3 2022 Earnings Presentation
11 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, October 2022
Slide 1: Teknosa Q3 2022 Results
TEKNOSA Q3 2022 Results October, 2022 Şirket İçi
Slide 2: Teknosa at a glance
Teknosa at a glance Teknosa in Numbers Shareholder Structure Turkey’s most widespread and most liked technology retailer « 67 193 2,406 Cities Stores Employees • Widespread store network in 67 provinces and 193 stores across the 102k 225 285 country Sales area m2 İklimsa İklimsa Service Franchise St
Slide 3: Transformation initiatives: growth story with strategic initiatives
Social commerce was introduced as a new phase of Marketplace transformation Transformation E-commerce ‘Bi’linkle Influencer Sensin’ project offers the chance to earn income by sharing product links on social media Products offered increased by approximately 20 times in 9 months Livestream shopping w
Slide 4: Q3 2022 Highlights
❑ Continuing robust financial performance and healthy balance sheet structure ❑ Strategic initiatives led a revenue increase of 131% from Q32021 reaching 4.5b TL outperforming the inflation rate Q3 2022 Highlights ❑ Consistent cost management strategy keeps cost to revenue ratio on a stable level ❑
Slide 5: Electronics Retail Market and Teknosa
❑ The electronics retail market(*) grew by 87% LfL reaching TL 146 bn in August 2022 ❑ Growth by segments: SDA 109,8% , MDA (including A/C) 89,2%, Telecom 87,8% , consumer electronics 22% 81,8% and IT 59,1% ❑ TSS channel accounts for 22,4% (including MDA) of Electronics Retail PM( Panel Market) in 2
Slide 6: Sales Performance
Sales Performance Total Revenues (Million TL) E-commerce GMV1 (Million TL) Operational KPIs Revenue 2,4 Times 131% 31% Increase 4,539 694 3,406 529 Visitors 67% Increase 1,968 # of Orders 1,1 Times Increase Q321 Q222 Q322 Q222 Q322 1İncluding VAT, returns and cancellations E-commerce and Customer or
Slide 7: Financial Performance
Financial Performance OPEX/Revenue EBITDA (Million TL) Net Income (Million TL) 115% 386% 387 141 134 316 9.80% 180 9.50% 9.70% 29 Q321 Q222 Q322 Q321 Q222 Q322 Q321 Q222 Q322 %9,1 %9,3 %8,5 %1,5 %3,9 %3,1 Strong net income growth continues Şirket İçi 7
Slide 8: Net Working Capital and Net Cash /(Debt)
Net Working Capital and Net Cash /(Debt) Net Working Capital (Million TL) Net Cash / Debt (Million TL) 745 -403 -15 -47 3,536 2,511 1,506 264 309 313 124 -1,677 -2,790 -4,248 118 Q321 Q222 Q322 Q321 Q222 Q322 Close management of net working capital and highly resilient balance sheet to FX fluctuatio
Slide 9: Balance Sheet
Balance Sheet Assets (in TL mn) Sep-21 Jun-22 Sep-22 Current Assets 1.781 3.434 4.898 Cash and Cash Equivalents 118 521 834 Trade Receivables 124 264 309 Inventories 1.506 2.511 3.536 Other Current Assets 34 138 219 Non-current Assets 362 570 667 Investment Property 30 35 35 Property, Plant and Equi
Slide 10: Income Statement
Income Statement (TL mn ) 3Q21 2Q22 3Q22 QoQ (%) 9M21 9M22 YoY (%) Net Sales 1.968 3.406 4.539 131% 4.951 10.789 118% Gross Profit 330 608 778 136% 814 1.883 131% Gross Profit Margin 16,8% 17,9% 17,1% 0,4pp 16,4% 17,5% 1,0pp EBITDA 180 316 387 115% 424 937 121% EBITDA Margin 9,2% 9,3% 8,5% -0,6pp 8,
Slide 11: Disclaimer and Contact Information
The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. All opinions and estimates c