Admicom Oyj · OMXHEX:ADMCM

Admicom Oyj — Q1 2024 Earnings Presentation

15 slides from Admicom Oyj's earnings presentation, Apr 10, 2024

  1. Slide 1: Admicom Oyj Q1 business review

    Admicom Oyj Building sustainable future together Q1 business review - 10 April 2024 Petri Kairinen, CEO Satu Helamo, CFO

  2. Slide 2: Q1 Business review: Growth in a challenging market, ARR growth +10%

    Q1 Business review: ”Growth in a challenging market, ARR growth +10%”  Strategy execution during Q1- Petri Kairinen, CEO  Q1 financials - Satu Helamo, CFO  Q&A

  3. Slide 3: Strategic journey: First choice of partner in the European construction software ecosystem

    Strategic journey: ”First choice of partner in the European construction software ecosystem” Construction Construction technology Multi-sector ERP- technology for building for building ecosystem software in Finland ecosystem in Finland internationally  Limited capability for  Comprehensive portfol

  4. Slide 4: Enabler of learning-driven construction

    "Now, with the help of monitoring, we can also draw conclusions on how to act in the future and what we should actually do." Competence growth Responsiveness and Knowledge Enabler of learning- forecasting "The best thing about Admicom driven construction "When all information about hours spent, Ulti

  5. Slide 5: Highlights from Q1

    Highlights from Q1  ARR growth 10 % y-to-y: Satisfactory new sales, especially in project management solutions – clearly over 100 new logos  Asset management solution Trackinno acquired mid-Jan, integration and cross-sales started  Contract terminations lower than in any quarter during 2023 (chur

  6. Slide 6: The outlook for construction sector in Finland continues to be weak

    The outlook for construction sector in Finland continues to be weak  New residential build construction starts for 2024 Construction sector revenue trends * estimated to be even lower level than in 2023  Other construction sectors faring better – and 6 customer companies fare differently 4 4,0  G

  7. Slide 7: Setting up for Accelerated Growth during 2024

    Setting up for Accelerated Growth during 2024  Modern, customized dashboard and SSO for the Suite  Joint go-to-market approach and increased cross-sell Short Term  First AI&data implementations into products and Priorities increased internal automation  Opening an international market via M&A 

  8. Slide 8: Agenda

    Agenda  Strategy execution during Q1- Petri Kairinen  Q1 financials - Satu Helamo  Q&A

  9. Slide 9: Key figures of Q1 2024

    Key figures of Q1 2024 ARR growth Recurring revenue Revenue growth growth 10.0% 7.4% 4.8% (22.3%1)) (20.3%1)) (12.1%1)) Adjusted EBITDA Customer churn YTD 3m Recurring revenue of total revenue 30.9% 1.8% 94% (36.7%) (91%) 1) Impact of inorganic Kotopro acquisition: ARR +10.8%-points, RR growth +9.4

  10. Slide 10: Key financials Q1

    Key financials Q1 ADMICOM GROUP (1,000 EUR) Q1 2024 Q1 2023 VAR y/y Q4 2023 VAR q/q ARR 33,754 30,674 10.0% 32,492 3.9% Recurring revenue 8,054 7,496 7.4% 7,618 5.7% % of revenue 93.6% 91.3% 93.0% Revenue 8,605 8,208 4.8% 8,194 5.0% Adjusted EBITDA 2,657 3,009 -11.7% 2,443 8.8% % of revenue 30.9% 36

  11. Slide 11: ARR trend 2022-Q1/2024

    ARR trend 2022-Q1/2024 +10.0% 40,0 Q1 growth: 3.9%, where Trackinno impact +1.7%- 35,0 points 33,8 30,0 31,5 32,6 32,5 Trackinno impact in y/y 30,7 28,9 29,6 30,0 growth: +1.8%-points (+0.6 MEUR) 25,0 25,1 20,0 15,0 10,0 5,0 - Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24

  12. Slide 12: ARR bridge 2021-Q1 2024

    ® admicom ARR bridge 2021-Q12024 Total Decrease I Increase 15 os 20 06 3.0 40,0 35,0 30,0

  13. Slide 13: Outlook 2024 - unchanged

    Outlook 2024 - unchanged + Renewed sales organization fully operational as of January 2024 with higher focus on cross sales ARR growth + Trackinno acquisition (+1.5 %-points) – Economic situation expected to impact new sales and churn 5-10% – Annual adjustment fees expected to reduce from 2.3m to (2

  14. Slide 14: Admicom - profitably growing vertical SaaS platform for building ecosystem

    Admicom - profitably growing Vision vertical SaaS platform for First choice of partner in the European building ecosystem construction software ecosystem. 1. Strong foundation to build on Ambition 2. Huge long-term potential in ConTech 100 3. Comprehensive cloud SaaS -suite MEUR ARR by 2030 4. Solid

  15. Slide 15: Thank you! Questions please!

    Thank you! Questions please! investors.admicom.fi

Admicom — Q1 2024 Earnings Presentation on 6ix