Slide 1: Q3 2022 Results Presentation for Investors
Diego Cabezudo Javier Cañete CEO CFO Q3 2022 Results Presentation for Investors DEC 2022
Slide 2: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gigas”, the “Company“ or the “Gigas Group"). This Information
Slide 3: YTD Q3'22 Key Highlights
YTD Q3´22 Key Highlights YTD SEP’22 net revenues reached €45.8M, 23.7% up YoY (€37.0M), due organic growth and consolidation of MVNO acquired in Sept. 2021 Gross margin of €28.3M (61.7%) YTD, 29.3% € higher than €21.9M from same period last year. Margin % significantly above budget (56.9%) Adj. EBIT
Slide 4: Revenues 2022 SEP YTD
Revenues 2022 SEP YTD About Gigas • Net revenues grew to €45.8M in the first nine months of the year, 23.7% higher than the €37.0M from same period last year, due mainly to the consolidation of MVNO Onmovil acquired in September 2021 and cloud organic growth, although slightly below budget (5.3% low
Slide 5: Gross Margin and EBITDA SEP YTD
About Gross Margin and EBITDA SEP YTDGigas • Gross Margin of €28.3M in YTD Q3’22, 29.3% better than the €21.86M of YTD SEP’21 • Gross Margin reached 61.7% of net revenues substantially better than the 59.1% of same period of last year, and much better than the 56.9% budgeted, thanks to renegotiation
Slide 6: YTD 2022 Results
YTD 2022 RESULTS About Gigas Consolidated P & L REAL REAL REAL REAL REAL REAL Budget 2022 Figures in euros Q1 22 Q2 22 Q3 22 JAN-SEP % Var YTD 2021 % Var YTD 2022B Net Revenues 14,760,883 15,423,006 15,586,680 45,770,569 23.7% 37,000,095 -5.3% 48,308,979 Cloud, IT & Cybersecurity Services 4,557,357
Slide 7: CAPEX Evolution 2017-2022
CAPEX Evolution 2017-2022 • CAPEX (excl. M&A and R&D) YTD reached €6.7M, representing 14.7% of revenues, higher than the 13.6% from 2021, due to full consolidation of ONI and to investments related to the 10G fiber deployment in Portugal, data and voice platforms and business support systems in Spai
Slide 8: Debt and Cash Evolution
Debt and Cash Evolution • Gross Debt at 30/SEP reached €44.4M, reflecting the new debt agreements signed in the period linked to CAPEX investments and the TPartner acquisition • Cash at hand amounted €12.2M as of 30/SEP, resulting in a net financial debt position of €32.2M, or 2.2x EBITDA budgeted f
Slide 9: 2022 Budget and End of Year Guidance
2022 Budget and End of Year Guidance • The Company estimates net revenues between €61M and €62M for the end of the year, including the contribution from recently acquired TPartner • In terms of Adjusted EBITDA, the Group expects to end the year between €14.5M and €15M, in line or slightly higher tha
Slide 10: Share Evolution
Share Evolution • Share price ended at €10.75 in 2021 and it has been influenced during 2022 by high market volatility and market consolidation trends • Share Price closed at €10.50 yesterday, below the price at start of the year but still a significant premium (64.8%) since last capital increase in
Slide 11: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com —— gigas