Gft Technologies Se · XETR:GFT

Gft Technologies — Investor Presentation (May 2022)

34 slides from Gft Technologies's investor presentation, May 2022

  1. Slide 1: Investor presentation

    Type here if add info needed for every slide Investor presentation GFT Technologies SE | May 2022 © 2022 | GFT Technologies SE and its affiliates. All rights reserved.

  2. Slide 2: Our vision

    Shaping the Type here if add Our vision future of digital info needed for business every slide We believe in a digital world in which the intelligent use of IT is a key success factor. Our vision is to simplify this world for our clients. We work side by side with our clients on digital transformati

  3. Slide 3: Agenda

    Shaping the Type here if add future of digital info needed for business every slide Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results Q1/2022 4. Outlook gft.com May 2022 3

  4. Slide 4: GFT at a glance

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide GFT at a glance GLOBAL WORKFORCE FY 2021 REVENUE FY 2021 Adj. EBITDA FY 2021 7,718 FTE plus 1,305 contractors € 566 million € 65 million REVENUE BY MARKET FY 2021 REVENUE BY SECTOR FY 2021 REVENUE BY

  5. Slide 5: Investment case

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide Investment case Unique technology and sector expertise Highly attractive sales and earnings  Longstanding expertise in digital transformation potential for financial institutions  Accelerated growth

  6. Slide 6: Proven onshore-/nearshore delivery model with 9,000+ talents

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide Proven onshore-/nearshore delivery model with 9,000+ talents Approx. half of revenues generated nearshore | 8,120 FTEs and 1,301 contractors (Q1/2022) UK (372) Germany (388) London Böblingen Mancheste

  7. Slide 7: Key figures – strong improvement

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide Key figures – strong improvement Revenue (€m) EBITDA adjusted (€m)* 720 79 566 65 413 429 445 48 40 43 2018 2019 2020 2021 2022e 2018 2019 2020 2021 2022e  10-year CAGR: 18.8 %  10-year CAGR: 17.9 %

  8. Slide 8: Diversification improved further

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide Diversification improved further Well-balanced client portfolio* All sectors with strong growth Largest client with approx. 13% of total revenue 173.35 13% 44% 123.92 17% 34% 11% 27% 15% 23% 23% 22% 1

  9. Slide 9: 30 biggest clients Q1/2022 – five new entries

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide 30 biggest clients Q1/2022 – five new entries NEW NEW NEW NEW NEW NOT DISCLOSED NOT DISCLOSED gft.com May 2022 Minor variations due to rounding possible 9

  10. Slide 10: ESG performance 2021

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide ESG performance 2021 ENVIRONMENT SOCIAL GOVERNANCE SUSTAINABILITY BY DESIGN GROW TECH TALENT WORLDWIDE RESILIENT MANAGEMENT SYSTEMS 500+ people GreenCoding certified 67 initiatives supported €0.00 Tot

  11. Slide 11: Business strategies might adapt – our unique values stay

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide Business strategies might adapt – our unique values stay Culture of...  leading from the front  global-local responsibility mix  continuous learning  diversity & equality  growing tech talent glo

  12. Slide 12: GFT share and shareholder structure

    Shaping the Type here if add GFT at a glance future of digital info needed for business every slide GFT share and shareholder structure GFT share indexed Shareholder structure 30 Dec 2020 11 May 2022 €11.94 €32.50 Dividend per share in Cent (for FY) 35 30 30 30 30 20 20 2015 2016 2017 2018 2019 2020

  13. Slide 13: Agenda

    Shaping the Type here if add future of digital info needed for business every slide Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results Q1/2022 4. Outlook gft.com May 2022 13

  14. Slide 14: Cloud business drives digital transformation revenues

    Shaping the Type here if add GFT growth path future of digital info needed for business every slide Cloud business drives digital transformation revenues Megatrend digital transformation  Smart Technologies – Enabling and boosting transformation  Highly innovative solutions with smaller project si

  15. Slide 15: Banking growth momentum

    Shaping the Type here if add GFT growth path future of digital info needed for business every slide Banking growth momentum Capitalising on strong demand for cloud GFT’s Banking growth services  Strategic investments in cloud partnerships +22.9%  Digital banking on new core banking platforms (smar

  16. Slide 16: Insurance growth momentum

    Shaping the Type here if add GFT growth path future of digital info needed for business every slide Insurance growth momentum Increasing traction with Guidewire GFT’s Insurance growth +51.7%  Capitalising on strong business demand, Insurances reinvent themselves  Demand for cloud-based Guidewire s

  17. Slide 17: Industry growth momentum

    Shaping the Type here if add GFT growth path future of digital info needed for business every slide Industry growth momentum Addressing market with complete offering GFT’s Industry &  Sustainability offering based on asset sphinx open online (SOO) Others growth  Multi-year development projects wit

  18. Slide 18: Agenda

    Shaping the Type here if add future of digital info needed for business every slide Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results Q1/2022 4. Outlook gft.com May 2022 18

  19. Slide 19: Dynamic growth continues in Q1 2022

    Shaping the Type here if add future of digital info needed for business every slide Dynamic growth continues in Q1 2022 Revenue and earnings outlook upgraded for full year 2022 Strong demand: digital transformation Performance Q1 2022  Structurally strong demand for digital transformation from +40%

  20. Slide 20: Key figures – strong growth in revenue and earnings

    Shaping the Type here if add future of digital info needed for business every slide Key figures – strong growth in revenue and earnings in €m Q1/2022 Q1/2021 ∆%  Revenue growth of 40% Revenue 173.35 123.92 40%  Order backlog significantly above prior-year figure Order backlog 366.94 231.28 59%  S

  21. Slide 21: Revenue by segment

    Shaping the Type here if add future of digital info needed for business every slide Revenue by segment in €m Revenue Growth rates Q1/2022 Q1/2021 Organic M&A FX Total Americas, UK & APAC 106.59 63.45 60% n/a 8% 68% Continental Europe 66.69 60.44 10% n/a 0% 10% Others 0.07 0.03 n/a n/a n/a n/a GFT Gr

  22. Slide 22: Earnings by segment

    Shaping the Type here if add future of digital info needed for business every slide Earnings by segment in €m EBITDA adjusted* EBITDA EBT Q1/2022 Q1/2021 ∆% Q1/2022 Q1/2021 ∆% Q1/2022 Q1/2021 ∆% Americas, UK & APAC 9.21 6.93 33% 9.21 6.28 47% 7.06 4.17 69% Continental Europe 10.29 7.09 45% 10.29 7.0

  23. Slide 23: Revenue by markets

    Shaping the Type here if add future of digital info needed for business every slide Revenue by markets Brazil now second largest market Q1/2022 ∆% Q1/2021 31.60 UK 50% 21.04 30.77 Brazil >100% 14.35 2% 2% 22.27 Spain 11% 20.05 2% 2% 1% 2% 4% 18.97 Italy 3% 18.41 4% 2% 18% 3% 17% 2% 16.20 Germany 20%

  24. Slide 24: Income statement: disproportionately improved earnings

    Shaping the Type here if add future of digital info needed for business every slide Income statement: disproportionately improved earnings in €m Q1/2022 Q1/2021 ∆%  Profitable revenue growth due to sustained Revenue 173.35 123.92 40% demand for digital transformation Other operating income 5.22 2.5

  25. Slide 25: Cash flow analysis (€m) – net cash improved

    Shaping the Type here if add future of digital info needed for business every slide Cash flow analysis (€m) – net cash improved  Financing structure improved further. 31/12/2021 Q1/2022 31/03/2022 Unused credit facilities of €43.61m Net cash Financing Cash Cash flow Cash flow Cash flow FX Cash Fina

  26. Slide 26: Balance sheet (€m) – stable asset structure

    Shaping the Type here if add future of digital info needed for business every slide Balance sheet (€m) – stable asset structure  Balance sheet total remained 451.77 452.38 452.38 451.77  Equity currency-adjusted up by stable (+/- 0%) at €452.33m €9.37m with net income of €9.58m (31/12/2021: €451.7

  27. Slide 27: Employees – successful staff expansion

    Shaping the Type here if add future of digital info needed for business every slide Employees – successful staff expansion Employees (FTE) Utilisation Attrition 8,120 7,718 91% 91% 90% 90% 90% 19% 19% 7,286 16% 6,806 14% 6,225 11% Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q1/21 Q2/

  28. Slide 28: Agenda

    Shaping the Type here if add future of digital info needed for business every slide Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results Q1/2022 4. Outlook gft.com May 2022 28

  29. Slide 29: Reaching new heights in 2022

    Shaping the Type here if add Outlook future of digital info needed for business every slide Reaching new heights in 2022 Megatrend digital transformation pushes GFT up  Anticipating growth in every sector  Highest dynamic with cloud technologies  AI & DLT/ Blockchain projects increasing too  Glo

  30. Slide 30: Outlook 2022 – sustained growth, increased EBT margin

    Shaping the Type here if add Outlook future of digital info needed for business every slide Outlook 2022 – sustained growth, increased EBT margin Revenue EBITDA adjusted* EBITDA EBT +27% +22% +30% +45% in €m 720 79 79 58 566 65 61 429 445 40 48 45 43 40 19 14 2019 2020 2021 2022e 2019 2020 2021 2022

  31. Slide 31: Backup

    Shaping the Type here if add future of digital info needed for business every slide Backup gft.com May 2022 31

  32. Slide 32: Clients in 2021 – 46 new qualified clients

    Shaping the Type here if add Backup future of digital info needed for business every slide Clients in 2021 – 46 new qualified clients Revenue 2015 2016 2017 2018 2019 2020 2021 < €1.0m 255 252 258 263 232 345 371 > €1.0m 30 38 35 48 52 45 56 > €5.0m 4 3 7 5 7 13 11 > €10.0m 5 6 5 5 7 7 12 Total 294

  33. Slide 33: 10-year development

    Shaping the Type here if add Backup future of digital info needed for business every slide 10-year development REVENUE – 10y CAGR: 18.8% EBITDA adjusted – 10y CAGR: 17.9% GFT GFT Italy (2013) GFT Rule (2014) Adesis (2015) Habber Tec BR (2016) AXOOM (2019) in-GmbH (2020) 720 566 79 418 409 435 65 367

  34. Slide 34: Shaping the future of digital business

    Shaping the future of digital business GFT Technologies SE GFT Technologies SE Dr Jochen Ruetz Jens Hecht, CFA (external) CFO Investor Relations Schelmenwasenstr. 34 Schelmenwasenstr. 34 70567 Stuttgart 70567 Stuttgart T +49 711 62042-422 T +49 711 62042-323 jochen.ruetz@gft.com ir@gft.com © 2022 |

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