Indeks Bilgisayar Sistemleri Muhendislik Sanayi Ve Ticaret A.s · BIST:INDES
Indeks Bilgisayar Sistemleri Muhendislik Sanayi Ve Ticaret A.s — Index Grup — Investor Presentation (August 2025)
36 slides from Indeks Bilgisayar Sistemleri Muhendislik Sanayi Ve Ticaret A.s's investor presentation, Aug 26, 2025
Slide 1: Index Grup Analyst Meeting
INDEX GRUP Analyst Meeting August 26, 2025
Slide 2: Meeting Agenda
MEETING AGENDA KAAN BİLECİK INDEX GRUP Companies Board Member
Slide 3: Agenda
AGENDA 1 2 Index Grup Companies Index Grup Companies Sales & Financial & Market Review Operational Review Banu Sürek Halil Duman 3 4 Index Grup Companies Q&A Opportunities & Investments Review Erol Bilecik August 26, 2025
Slide 4: Sales & Market Review
INDEX GRUP COMPANIES SALES & MARKET REVIEW BANU SÜREK General Manager of INDEX AŞ
Slide 5: Index Grup Management Board
INDEX GRUP MANAGEMENT BOARD Erol Bilecik Atilla Kayalıoğlu Banu Sürek Chairman, Index Grup General Manager of Index AŞ Salih Baş Erhan Doğan General Manager of Netex AŞ Halil Duman Emrah Küçükgirgin General Manager of Despec AŞ Kaan Bilecik Çetin Ekinci General Manager of Teklos AŞ Mustafa Aytekin G
Slide 6: Index Grup People & Culture
INDEX GRUP PEOPLE & CULTURE 8 average years of 43% seniority rate of female 500+ managers employees 40% rate of female employees 36.5 average age of employees Value Driven Digital Age Compatible Agile Organization MANAGEMENT CULTURE GROWTH WITH YOUNG TALENTS FAST AND HARMONIOUS TEAMS
Slide 7: The World's Leading Technology Brands
THE WORLD'S LEADING TECHNOLOGY BRANDS 200+ Contract 30.000+ Product
Slide 8: About Us
ABOUT US Turkey’s Technology 36 200+ 30.000+ Source years of supply from a global technology brands active product types in single source broad product range publicly listed 3 8.000+ 25 6 50 business partners years of leading the industry technology companies One of the most valuable by far 50 compa
Slide 9: Turkey's largest companies ranking 2024
2024 COMPANY TL RANK 45 INDEX 66.662.841.147 93 ARENA 33.184.981.340 125 PENTA 23.939.917.137 148 INGRAM MICRO 21.250.922.512
Slide 10: 2023-2024 European Information Technology Market
2023-2024 EUROPEAN INFORMATION TECHNOLOGY MARKET Context Regional Market Volumes (Billion USD) - 2023/2024 Ülke 2023 2024 YoY Growth Germany $19.9 $19.5 -2,2% UK-Ireland $16.1 $16.8 4,1% Italy $10.0 $10.1 0,6% * Index France $8.9 $8.9 0,3% Market Share Spain $7.7 $7.7 0,1% Poland $6.0 $6.1 1,0% Neth
Slide 11: Context Data / 2025 First 6 Months
G Ü N E M CONTEXT DATA / 2025 FIRST 6 MONTHS TURKEY DATA 1H 2024 $2.474.014.281 2025 $2.680.835.136 BÜYÜME % 8,4 PRODUCT GROUP 1 H 2024 1H 2025 % SMARTPHONE $684.321.555 $720.620.745 %5,3 NOTEBOOK $438.271.380 $428.948.293 %-2,10 TABLET $107.777.100 $109.074.077 %1,20 DESKTOP $74.209.337 $82.473.773
Slide 12: Our Share in the Turkish Information Technology Market
Our Share in the Turkish Information Technology Market Source: CONTEXT.
Slide 13: Index Grup First Half/2025
INDEX GRUP FIRST HALF/2025 Gross Profit % %5,17 36.579 billion TL 978 million USD EBITDA % consolidated turnover consolidated turnover %3,51
Slide 14: 2025 Goal: $2 Billion+
2025 GOAL: $2 Billion+ INDEX GRUP SALES VOLUME $2.000.000.000 $1.800.000.000 $1.600.000.000 $1.400.000.000 $1.200.000.000 $1.000.000.000 $800.000.000 $600.000.000 $400.000.000 $200.000.000 $- 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2002 2004 2006 2008 2010 2014 2016 2017 2020 2021 202
Slide 15: Technology Trends & Index Grup 2025 Opportunities
TECHNOLOGY TRENDS & INDEX GRUP 2025 OPPORTUNITIES 1 2 Cybersecurity Artificial Intelligence • CheckPoint • PC market growth • Cisco • New users and change • IBM • Growth in other products • Kaspersky • A10 • OpenText • HPE 3 4 Current Contracts New Contracts • Huawei • Adaptation to 5G technology •
Slide 16: Index Grup 2025 & Future Goals
INDEX GRUP 2025 & FUTURE GOALS 2025 First Half ~1 Billion USD turnover
Slide 17: Index Grup 2025 & Future Goals
INDEX GRUP 2025 & FUTURE GOALS 2025 first half ~ 1 Billİon USD Turnover End of 2025 10 Yıl 5 Yıl 2 Billion+ USD 2X Europe, MEA, Growth Balkans first distributor One of the Top 5 Technology Distributors
Slide 18: Financial & Operational Review
INDEX GRUP COMPANIES FINANCIAL & OPERATIONAL REVIEW HALİL DUMAN INDEX GRUP Companies Board Member & CFO
Slide 19: Summarized Balance Sheet (Thousand TL)
SUMMARIZED BALANCE SHEET (Thousand TL) Changes Değişim Assets 30.06.2025 (%) 31.12.2024 (%) Liabilities & Capital 30.06.2025 (%) 31.12.2024 (%) (%) (%) Current Assets 20.865.173 84,7% 23.795.837 86,7% (12,3) Short Term Lia. 17.582.924 71,4% 20.377.477 74,2% (13,7) Cash 3.955.829 16,1% 5.227.445 19,0
Slide 20: Income Statement (Thousand TL)
INCOME STATEMENT (Thousand TL) (000) TRL 6 months 2025 6 months 2024 Changes (%) Net Sales 36.578.551 37.866.269 (3,40) Gross Profit 1.890.429 1.876.215 0,76 Gross Profit Margin (%) 5,17 4,95 4,30 EBITDA 1.283.058 1.201.541 6,78 EBITDA Margin(%) 3,51 3,17 10,54 Operational Profit 1.210.301 1.145.020
Slide 21: Net Financial Debt
NET FINANCIAL DEBT (000 TL) (000 USD) 0 0 (11.393) (453.584) (250.000) (46.481) (500.000) (25.000) (750.000) (1.913.646) (69.294) (1.000.000) (50.000) (1.250.000) (3.442.426) (1.500.000) (75.000) (1.750.000) (2.000.000) (100.000) (2.250.000) (2.500.000) (125.000) (2.750.000) (3.000.000) 2023 2024 20
Slide 22: Financial Ratios
FINANCIAL RATIOS LIGUIDITY RATIOS 30.06.2025 31.12.2024 Current Ratio 1,19 1,17 Quick Ratio 0,95 1,00 THE WORKING CAPITAL RATIOS (*) 30.06.2025 31.12.2024 Receivables Days 66 62 Payables Days 77 74 Inventory Days 16 18 FINANCIAL STRUCTURE RATIOS 30.06.2025 31.12.2024 Capital / Total Liabilities & Ca
Slide 23: Management of Major Industry Risks
MANAGEMENT OF MAJOR INDUSTRY RISKS 1 2 Receivables Risk Management Currency Risk Management • Allianz – Receivables Insurance • Natural Hedge • Hedge in Cross Currency Transactions 3 4 Inventory Risk Management Regulatory Risk Management • Technological Lifespan Sensitivity
Slide 24: Opportunities & Investments Review
INDEX GRUP COMPANIES OPPORTUNITIES & INVESTMENTS REVIEW EROL BİLECİK Chairman, INDEX GRUP Companies
Slide 25: Index Grup Investments
INDEX GRUP INVESTMENTS Growth Telco Logistics Investment in Business Investments Sustainable Technology
Slide 26: New Investments
Growth New Investments Investment in Sustainable Technology Company Value 23.235.000 USD
Slide 27: 2024 81.8 billion USD to 2034 256.4 billion USD
2024 2034 81.8 billion USD 256.4 billion USD Kaynak: Spherical Insights & Consulting
Slide 28: Telco Business Vodafone Contract
Telco Vodafone Contract Business (Device Distribution Service and Supply Distribution)
Slide 29: ILC: Index Logistics Center
Logistics Investments ILC : INDEX LOGISTICS CENTER A new business model and revenue stream with the next- generation smart logistics center: Logistics Center Management A logistics hub with a closed area volume of 62.000 square meters
Slide 30: Next Generation Smart Logistics Center
Next Generation Smart Logistics Center
Slide 31: Next Generation Smart Logistics Center
Next Generation Smart Logistics Center
Slide 32: August 6, 2025 August 25, 2025
August 6, 2025 August 25, 2025
Slide 33: Integrated Logistics Services
INTEGRATED • Storage of technology products • Warehouse services • Value-added services within the warehouse • R&D laboratory services LOGISTICS SERVICES • Inventory management & distribution • Returns management Block A • Handling • Service logistics Block B 20.717 m² 33.958 m² Total Leasable Area
Slide 34: Estimated Investment & Return on Investment Table
ESTIMATED INVESTMENT & RETURN ON INVESTMENT TABLE INVESTMENT AMOUNT REVENUE MODEL Amount (USD) M2 Price USD Annual Income M2 Land + Construction 59.500.000 Monthly (USD) Integrated Logistics Interest (2 years interest-free, 10-year term) 24.700.000 54.675 16* 10.497.600 Services Total Cost 84.200.00
Slide 35: Q&A
Q&A
Slide 36: Thank You.
THANK YOU.