Atp Yazilim Ve Teknoloji As · BIST:ATATP
Atp Yazilim Ve Teknoloji As — ATP Yazılım ve Teknoloji A.Ş. — H1 2024 Earnings Presentation
17 slides from Atp Yazilim Ve Teknoloji As's earnings presentation, Sep 20, 2024
Slide 1: ATP First Half & 2nd Quarter 2024 Results Presentation
ATP First Half & 2nd Quarter 2024 Results Presentation September 20, 2024
Slide 2: Disclaimer
Disclaimer Entities in hyperinflationary economies, like ours, following International Accounting Standard 29 (IAS 29), must adjust financial statements to current price levels for reporting periods ending after December 31, 2023. Our financial presentation includes specific metrics (Revenue, EBITDA
Slide 3: Business & Financial Update
Business & Financial Update First Half & Q2 2024 Results Presentation
Slide 4: Strong Financial Performance Through Solid Execution
Strong Financial Performance Through Solid Execution Q2 2024 First Half 2024 First Half 2024 Margins Improvements Revenue TRY 452.0M 20% YoY TRY 881.7M 30% YoY Margin 50.8% Gross Profit TRY 227.6M 42% YoY TRY 448.2M 39% YoY +3.3 points Net Operating Profit TRY 53.5M 43% YoY TRY 129.6M 49% YoY Margin
Slide 5: Tradesoft: Driving Growth and Market Leadership
Tradesoft: Driving Growth and Market Leadership Growth Through Innovation & Transformation Tradesoft Revenue (M TRY) 21.6% ▪ Revenues up by 22% YoY ▪ Added 3 new customers for total of 38 129,1 157,0 ▪ Strong market presence and widespread customer acceptance for NexGen Mobile application ▪ Major fi
Slide 6: ATP Zenia: Providing QSR Business Solutions Globally
ATP Zenia: Providing QSR Business Solutions Globally Revolutionizing Driving Growth & Innovation in QSR Customer Service With Leading Edge Technologies with Leading Technologies ▪ Revenues grew by 27% ✓ More Personalized ▪ Added 37 new customers in H1 Service Experience ✓ Increased Service ▪ Android
Slide 7: ATP China: Driving Innovation and Growth
ATP China: Driving Innovation and Growth New Sales Channels Strategic Initiatives Continue Satellite (Portable) ‘Bring to My Car’ Store Model Service at Gas Stations ▪ Revenues grew by 17% ▪ Accounted for 55% of Zenia Revenues ▪ Successfully launched mini apps & native app – great customer interest
Slide 8: ZENIA: Consistent Increase in Revenues and EBITDA
ZENIA: Consistent Increase in Revenues and EBITDA Zenia Revenue (M, TRY) Zenia EBITDA (M, TRY) 27.5% 30.9% 519,3 103,7 407,4 79,2 H1 '23 H1 '24 H1 '23 H1 '24
Slide 9: ATP Digital: Continued Growth and Innovation
ATP Digital: Continued Growth and Innovation ATP Digital Revenue (M, TRY) Innovative Tech Success and 46.8% Enhanced Service Capabilites ▪ 1H Revenues grew by 47% YoY 205,4 139,9 ▪ Grew customer base to 82 ▪ RobotX launch followed by customer orders based H1 '23 H1 '24 on solid ROI models ▪ Sales an
Slide 10: Key Developments on Other Business Lines
Key Developments on Other Business Lines GreenX ATP GSYO ▪ Pioneering digital green energy and carbon ▪ Pipeline of opportunities; certificates market with enhanced value propositions • Motorcycle electrification ▪ Continue to onboard energy producers and buyers • Cloud kitchen initiatives of green
Slide 11: Resilient Revenue Streams and Diversification
Resilient Revenue Streams and Diversification Revenue Domestic & International (M, TRY) Revenue By Currency (M, TRY) Domestic International TR USD (Domestic) USD/RMB (Exports) 30% 30% 881.7 Share of Revenues YoY 881.7 Share of Revenues YoY 676.4 Share of 266,4 30.2% 23.0% 676.4 Share of 266,2 31.7%
Slide 12: Driving Stability and Growth Through MRRs
Driving Stability and Growth Through MRRs First Half ‘24 MRR DISTRIBUTION 49% STEADILY INCREASING MRR (M, TRY) MRR 31% 20% 460 Tradesoft Zenia ATP Digital 440 420 400 First Half 2024 380 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH 360 TRY 446.2M 50.6% 19.0% YoY 340 320 H1 '23 H1 '24
Slide 13: Strong Revenue & EBITDA Growth
Strong Revenue & EBITDA Growth H1 Revenues (M, TRY) H1 EBITDA (M, TRY) 30.3% 33.2% 882,2 206,2 676,4 154,8 H1 '23 H1 '24 H1 '23 H1 '24
Slide 14: Balanced Financial Contribution
Balanced Financial Contribution Revenue Growth (M, TRY) EBITDA Growth (M, TRY) %127.5 2024 H1 YoY 2024 H1 %30.9 REVENUE EBITDA 519,3 YoY 881.7M 206.2M 103,7 %29.2 YoY %46.8 58.9% 59,8 %45.6 %21.6 YoY YoY YoY 205,4 Share in 42,7 157,0 EBITDA 50.3% 29.0% Share in 23.3% 20.7% Revenue 17.8% Tradesoft AT
Slide 15: Our Net Income and Upsides Going Forward
Our Net Income and Upsides Going Forward First Half Net Income (M, TRY) Multiple Upsides & Developments ▪ Tradesoft experiencing growth with new entrants into 28% capital markets and projects from major financial institutions for NexGen mobile app & solutions 173,7 ▪ ATP Zenia solutions gaining trac
Slide 16: Strong Balance Sheet and Improved Working Capital
Strong Balance Sheet and Improved Working Capital Summary Balance Sheet (M, TRY) Working Capital/Revenue 30.06.2024 31.12.2024 Δ Cash and cash equivalents 328.5 382.0 (14.0)% Trade receivables 496.5 491.8 1.0% 46.6 46.7 (0.2)% 18,0% Inventories Property, plant and equipment 17.6 17.8 (1.5)% Intangib
Slide 17: Thank You
THANK YOU
ATP Yazılım ve Teknoloji A.Ş. — H1 2024 Earnings Presentation on 6ix