Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q4 2021 Earnings Presentation
15 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, February 2022
Slide 1: Teknosa Investor Presentation 4Q21 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa Presentation 4Q21 Results «Turkey’s Leading Electronics Retailer» February, 2022 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 2 Genel
Slide 3: Main Messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION All-time high financial results with record sales and net income Main 4Q21 : +33% , 2.569M TL Steady growth in sales Messages 2021 : +34% , 7.520M TL 4Q21 : +35% , 267,1M TL EBITDA 2021 : +46% , 691,5M TL Record Net Income 4Q21 : +51% , 104,8M TL 2
Slide 4: Financial and Strategic Highlights
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Financial and Strategic Highlights Main Messages Teknosa posts strong sales figures supported by campaigns, despite Omicron variant and economic uncertainties in local and global markets Cash generation with effective working capital management
Slide 5: Consumer Confidence Index
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION CCI hits a historic low in December in 4Q and and CCI average was 72,3 in 4Q21 Consumer Although factors such Omicron variant, rise in exchange rates and the risks to global Confidence Index economy negatively effected CCI, potential price incr
Slide 6: 4Q21 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Store relocations for 4Q21 efficiency management Net Sales Area Results (‘000 m2) 102 4Q20 97k sqm 101 3Q21 4Q21 %33 Revenue growth accelerated to 33% y-o-y Net Sales Total 2.569 in Q4. Revenue in 2021 (TL mn) Revenues 1.932 exceeded TL 7.5 b
Slide 7: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION The electronics retail market(*) grew by 27,2% LfL reaching TL 113 bn in 2021 Electronics Growth by segments: SDA 45,4%, MDA 34,9%, Consumers Electronics 26,9%, Retail Market Telecom 21,1% and IT 15,9% and Teknosa TSS channel accounts for 24,
Slide 8: Online sales
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 7% Online sales 36% 1.011 1.080 306 416 4Q20 4Q21 2020 2021 Online/retail sales 17% in 4Q21 (17% in 4Q20) 36% increase in online sales compared to 4Q20 with TL 416M in 4Q21 COMPARED TO Q4 LAST YEAR Sales Number of Visit 1,4 TIMES 0,8 TIMES INCR
Slide 9: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 9 Genel
Slide 10: OPEX/Sales ratio
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) OPEX/Sales ratio 9% 9% 10% 10% 4Q20 4Q21 2020 2021 Operational expenses/sales is 9 % in 4Q21, the same as the previous year’s ratio Sustainable operational expense management despite increased sales volume in 4Q21 10 Genel
Slide 11: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -227 mn TL -48 mn TL -553 mn Fast moving inventory Capital and resulted in high inventory turnover and Cash Position 1.506 1.719 1.057 103 124 156 high trade payables 1.386 1.677 figures. Working cap
Slide 12: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 4Q20 3Q21 4Q21 YoY (%) 2020 2021 YoY (%) Income Net Sales 1.932 1.968 2.569 33% 5.607 7.520 34% Statement Gross Profit 339 330 452 34% 931 1.267 36% Summary Gross Profit Margin 17,5% 16,8% 17,6% 0,1pp 16,6% 16,8% 0,2pp EBITDA 198 180 267 3
Slide 13: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Dec-20 Sep-21 Dec-21 Balance Current Assets Ca s h a nd Ca s h Equi va l ents 1.565 392 1.781 118 2.624 709 Sheet Tra de Recei va bl es Inventori es 103 1.057 124 1.506 156 1.719 Other Current As s ets 13 34 39 Summary Non-current
Slide 14: Thank You
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Thank You Contact Information: H. Şenay Akıncı Özertan– Finance and Investor Relations Manager +90 (216) 468 36 36 sozertan@teknosa.com IR web page: http://yatirimci.teknosa.com/homepage IR e-mail: yatirimciiliskileri@teknosa.com 14 Genel
Slide 15: Disclaimer
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Disclaimer The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accu
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