Ard Grup Bilisim Teknolojileri As · BIST:ARDYZ

Ard Grup Bilisim Teknolojileri As — ARD Group Information Technologies Inc. (ARD Informatics) — Q1 2021 Earnings Presentation

21 slides from Ard Grup Bilisim Teknolojileri As's earnings presentation, May 21, 2021

  1. Slide 1: Investor Presentation 1Q 2021 Figures

    Investor Presentation 1Q 2021 Figures 21 May 2021

  2. Slide 2: 1Q 2021 Headlines

    1Q 2021 HEADLINES Growth: Continuing Solid Growth Financials: Net Cash and Long Foreign Exchange Position Investment: R&D Investment Creates Expectation 2

  3. Slide 3: Executive Summary

    EXECUTIVE SUMMARY The company has been selected among the top 50 companies in the "Deloitte Technology Fast 50 Turkey 2020" program held in February 2021 and was among Growth the fastest growing technology companies in Turkey. Simultaneous strong growth was achieved in net sales, EBITDA and net prof

  4. Slide 4: Solid Performance

    1Q 2021 Results 1Q20 vs 1Q21 (12mTrailing) Solid Performance 1Q20 vs 1Q21(Quarterly) REVENUE 121.7% 135.2% REVENUE GROWTH GROWTH EBITDA* 141.6% 133.8% EBITDA* GROWTH GROWTH NET INCOME 165.2% 170.1% NET INCOME GROWTH GROWTH EBITDA* 59.3% 58.0% EBITDA* MARGIN MARGIN 4 *Other Income / Expense from Oper

  5. Slide 5: Technocity and R&D Incentives Support Profitability

    1Q 2021 Figures Technocity and R&D Incentives Support Profitability Quarterly Financial Data Quarterly Net Sales EBITDA (mTL) 58.0% Net Sales (mTL) 20 35 32,6 18 18,9 30 16 14 25 12 20 10 58.3% 15 13,9 8 8,1 6 10 4 5 2 0 0 1q2020 1q2021 1q2020 1q2021 Net Income (mTL) 20 55.9% 18 Robust Quarterly Per

  6. Slide 6: Momentum Preserved in Growth

    1Q 2021 Figures Momentum Preserved in Growth 12M Trailing Financial Data 12M Trailing Net Sales EBITDA (mTL) %59,3 Net Sales (mTL) 90 160 80 85,3 140 143,9 70 120 60 100 50 %54,4 80 40 60 30 35,3 64,9 40 20 10 20 0 0 2020/03 2021/03 2020/03 2021/03 ∆ : Değişim ∆ : Değişim Net Income (mTL) 90 %53,6 8

  7. Slide 7: Key Drivers: Sales Growth, Raising Gross Margin and Exchange Rate

    1Q 2021 Figures Key Drivers: Sales Growth, Raising Gross Margin and Exchange Rate 1Q21 Net Income Bridge 1Q21 EBITDA Bridge ∆ : Change ∆ : Change Strong Growth in Net Income EBITDA Grew Significantly ▀ The EBITDA bridge reveals the improvement in EBITDA ▀ The net profit bridge reveals the improvemen

  8. Slide 8: Robust Growth in Net Sales Continues

    1Q 2021 Figures Robust Growth in Net Sales Continues Net Sales Development (mTL) 143.9 mTL 12m trailing net sales at 1q2021 58% CAGR 2018– 2021/03 14.9% 143.9 120.8% 125.2 56.7 10.3% 51.4 2018 2019 2020 2021/03 CAGR : Compounded Annual Growth Rate Total Income TL M 8

  9. Slide 9: Sales Growth is Reflected in Profitability

    1Q 2021 Figures Sales Growth is Reflected in Profitability EBITDA Development (mTL) 85.3 mTL 12m trailing EBITDA at 1q2021 66% CAGR 2018– 2021/03 14.5% 85.3 129.2% 74.5 32.5 19.9% 27.1 2018 2019 2020 2021/03 CAGR : Compounded Annual Growth Rate EBITDA TL M 9

  10. Slide 10: Despite Sales Growth Recovery in Working Capital Continues

    1Q 2021 Figures Despite Sales Growth Recovery in Working Capital Continues Working Capital Working Capital Bridge Working Capital Analysis TLm 2016 2017 2018 2019 2020 2021/03 Trade Receivables 6,1 8,8 25,0 40,9 62,6 62,0 Inventory + Other Cur. Assets 2,9 13,0 0,8 0,4 4,4 1,9 Trade Payables (5,7) (1

  11. Slide 11: Debt Ratios Indicate Investment Grade Rating

    1Q 2021 Figures Debt Ratios Indicate Investment Grade Rating Net Cash Position Net Debt/EBITDA Net Debt/EBITDA Net Cash & Equity & Financial Leverage 10 7,8 0,5 TLm 2018 2019 2020 2020/03 5 3,4 Cash and Cash Equivalents 0,1 1,7 27,3 27,6 0,2 Financial Investments - - - - - Net Debt/EBITDA Other Rece

  12. Slide 12: Raising Exchange Rate Affects Profitability Positively

    1Q 2021 Figures Raising Exchange Rate Affects Profitability Positively Foreign Exchange Position Investments (mTL) 70 %51,3 60 5,2 50 40 As of 2021/03, the company has TL 12.5 30 %41,5 59,0 %52,7 %21,9 mn long foreign %34,7 0,1 20 2,7 exchange position 0,5 0,2 10 18,6 17,1 10,2 12,2 - 2017 2018 2019

  13. Slide 13: 40.2% of ROE is Above Bond Yield

    1Q 2021 Figures 40.2% of ROE is Above Bond Yield ROE Financial Ratios Return on Equity (ROE) Liquidity Ratios 2021/03 2020/12 2019/12 Referans 240 Current Ratio 9,34 6,17 3,86 1,0-1,5 220 Liquidity Ratio 9,27 5,94 3,83 0,8-1,0 200 2021/03; 40,2%; 191,8 180 2020; 37,8%; 173,5 Debt Ratios 2021/03 2020

  14. Slide 14: Solid Stock Performance

    1Q 2021 Figures Solid Stock Performance Stock Performance Robust Share Performance 70 ▀ 847% return from the IPO until the first quarter of the year 60 ▀ Strong financial data and compliance with corporate governance principles supported the performance 50 50,20 ▀ The company has been selected among

  15. Slide 15: Software Investing Increased All Over The World

    1Q 2021 Figures Software Investing Increased All Over The World Investment Thesis Rising software expenditure all over the world with the pandemic makes the sector strategic; R&D and Technocity incentives and low tax rate; Being one of the fastest growing technology companies in Turkey by the Deolit

  16. Slide 16: Appendix

    NO, OY) ARD INFORMATICS APPENDIX

  17. Slide 17: Milestones of ARD Group

    MILESTONES OF ARD GROUP Establishment of Transition to ARD INFORMATICS Establishment of The company title listed in BIST100 index ARD INFORMATICS ARD Group Energy changed to the Registered and rised to the BIST in Hacettepe ARD Group ARD INFORMATICS Capital System Stars Market Technopark Constructio

  18. Slide 18: Financials

    FINANCIALS Yıllık Net Satışlar Balance Sheet Income Statements 2020/12 2021/03 2020/03 2021/03 2021-2020 TL Realized Realized 2021/2020 TL Realized Realized ARD Informatics Audited Non-Audited FUNDING ARD Informatics Non-Audited Non-Audited Change (%) Assets 194.182.794 205.975.803 Net Sales 13.865.

  19. Slide 19: Factsheet

    FACTSHEET SHAREHOLDER STRUCTURE Shareholders Capital (TL) Capital Ratio (%) Voting Rights (%) ARD GRUP HOLDİNG INC 12.115.000 50.74 67.22 FREE FLOAT 11.760.000 49.26 32.78 TOTAL 23.875.000 100 100 • ARD Group Informatics Technologies Inc. has been continuing its R&D software and system integrator ac

  20. Slide 20: Disclaimer

    DISCLAIMER Yıllık Net Satışlar This presentation contains information relating to ARD GROUP INFORMATION TECHNOLOGIES INC. (“ ARD INFORMATICS ”) that may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. By accessing this

  21. Slide 21: Investor Relations Contacts

    INVESTOR RELATIONS CONTACTS Damla Mermeroğlu Investor Relations Manager v T 0 312 299 25 95 damla.mermeroglu@ardgrup.com.tr Eda Dirican Investor Relations Specialist T 0 312 299 25 95 eda.dirican@ardgrup.com.tr THANK YOU For detailed information, please contact us by e-mail investor.relations@ardgro

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