Snp Schneider-neureither & Partner Se · XETR:SHF
Snp Schneider-neureither & Partner — FY2021 Earnings Presentation
31 slides from Snp Schneider-neureither & Partner's earnings presentation, Mar 30, 2022
Slide 1: Elevate Digital Transformation – Full Year Results 2021
ELEVATE DIGITAL TRANSFORMATION Analyst & Investor Call Full Year Results 2021 March 30, 2022 SNP I The Data Transformation Company
Slide 2: Agenda
AGENDA OVERVIEW FINANCIALS OUTLOOK QUESTIONS & ANSWERS APPENDIX © 2021 SNP I The Data Transformation Company – www.snpgroup.com
Slide 3: FY 2021 - Highlights
FY 2021 - Highlights > Double-digit revenue growth in 2021: +16%; acquisitions of EXA AG & Total Revenue: € 167.0m Datavard AG strengthen the growth momentum (organic growth at +10%) +16% > Software rev. reported went up by slightly 1% despite high level of 2020 which benefited significantly from la
Slide 4: Order entry and revenue by region 2021 – Book-to-bill: 1.15
Order entry and revenue by region 2021 – Book-to-bill: 1.15 Order Entry Revenue (in €m) (in €m) UKI UKI USA USA 6.9 7.3 JAPAC 15.1 JAPAC 13.6 15.5 10.2 € 192.1m € 167.0m 24.6 CEU 22.5 CEU LATAM (+4%) 104.6 LATAM (+16%) 93.9 25.4 19.5 EEMEA EEMEA |4
Slide 5: Overview Partner Business 2021
Overview Partner Business 2021 Partner Revenue 2021: € 31.3m > Accenture & SNP are building a joint 19% of Group Revenue Data Transformation Factory > IBM gaining momentum in all regions IBM, IBM Cloud & Kyndryl pipeline growing Partner Order Entry 2021: € 54.6m > New partners PWC and TCS > Shift fr
Slide 6: Partner Network
Partner Network Global alliances with leading system integrators Closed partnerships in 2021 Certifications and Memberships * ** * CrystalBridge Analysis Extractor & CrystalBridge Interface Discovery (ID) ** SNP has passed the TISAX® audit, an assessment according to the requirements of the German A
Slide 7: Headcount Evolution 2021
Headcount Evolution 2021 +185 Headcount split by function 2021 +126 Admin Students & Trainees -18 2% 1,463 -421 1,335 Marketing 17% & Sales R&D 13% 14% 1,335 54% 2020 Organic 2021 EXA Datavard SNP changes Poland Consulting |7
Slide 8: Agenda
AGENDA OVERVIEW FINANCIALS OUTLOOK QUESTIONS & ANSWERS APPENDIX © 2021 SNP I The Data Transformation Company – www.snpgroup.com
Slide 9: Income Statement Q4 / FY 2021
Income Statement Q4 / FY 2021 Comments > Comments Revenue in 2021 above last year`s Δ (%.) Δ (%) level; EXA and Datavard (in €m) Q4 2021 Q4 2020 2021 2020 > contributed € 16.4m in Q4 2020 Revenue decrease Revenue 45.3 37.5 +20.8 167.0 143.8 +16.1 mainly attributable to Service Gross profit 39.3 32.4
Slide 10: Segment Software – Revenue and EBIT Q4 / FY 2021
Segment Software – Revenue and EBIT Q4 / FY 2021 Revenue EBIT Comments (in €m) (in €m) > Software segment grew in 2021 -7% +19% w/o upfront partner revenues. 14.9 13.9 > Decline Q4/Q4 mainly due to a particularly strong Q4 20, +1% which was largely affected by a multi-year partner contract 49.9 50.6
Slide 11: Segment Service – Revenue and EBIT Q4 / FY 2021
Segment Service – Revenue and EBIT Q4 / FY 2021 Revenue EBIT Comments (in €m) +14% (in €m) > Service segment with strong 107.2 topline in q3 and q4 mainly due to the acquisitions of 93.9 Datavard – contribution in total of € 4.8 mn +25% 1.7 1.4 1.4 > Operating profit with strong -3.4 positive develo
Slide 12: Segment EXA – Revenue and EBIT FY 2021
Segment EXA – Revenue and EBIT FY 2021 (in €m) Comments > EXA was consolidated for the first time in 2021. Therefore, 9.2 there are no comparative figures to the previous year > EBIT before PPA depreciation 2.6 Revenue EBIT © 2021 SNP I The Data Transformation Company – www.snpgroup.com | 12
Slide 13: Order Entry Q4 / FY 2021 and Order Backlog
Order Entry Q4 / FY 2021 and Order Backlog Comments Order Entry Order Backlog (in m€ ) (in m€) > Order entry up due to strong +4% +22% service segment (+11 %) 192.1 184.4 6.4 EXA > Shift in timing of order entry due Software 57.3 135.3 to the decision to close partner 68.7 agreements mostly without
Slide 14: Reconciliation Order Backlog 2021
Reconciliation Order Backlog 2021 (in €m) Comments 192.1 -167.0 > Negative effect from volume adjustments - mainly due to removal of Ending Backlog of SNP Poland > Order backlog contributions 0.2 from EXA and Datavard -14.5 14.0 acquisition gave some 135.3 tailwind to overall backlog development 110
Slide 15: Balance sheet structure
Balance sheet structure Assets (in €m) 31/12/2021 31/12/2020 Comments Cash, cash equivalents and other financial assets 41.5 46.3 Receivables & contract assets 63.7 45.3 > Decreased liquidity after closing of Datavard acquisition Other currents assets 4.9 34.4 Total current assets 110.1 126.0 > Tota
Slide 16: Cash flow Statement 2021
Cash flow Statement 2021 Comments (in €m) 2021 2020 Δ (abs.) Net income 0.6 -1.8 +2.4 > After a good 2021 operating cash flow slightly negative due to Depreciation 10.0 8.4 +1.6 growth-related increased working capital Change in W/C -12.8 -3.0 -9.8 Change in other items +0.8 -1.6 +2.4 > Cash in from
Slide 17: Agenda
AGENDA OVERVIEW FINANCIALS OUTLOOK QUESTIONS & ANSWERS APPENDIX © 2021 SNP I The Data Transformation Company – www.snpgroup.com
Slide 18: Strategic Evolution of our Market approach
Strategic Evolution of our Market approach Each stage builds on the previous one and thus ensures continuity and seamless integration As of 2022 > Portfolio expansion Data Management & Analytics 2017 – 2021 > Cloud as biggest driver for growth 2000 – 2017 > Portfolio Expansion of Data Transformation
Slide 19: SNP CrystalBridge™
SNP CrystalBridge™ The platform to automate your SAP-centric technology transformation Data Excellence Data Value > Drive incremental insights & > Reflect changes in reality ask new questions > Monitor & ensure Quality > Democratize data consumption > Apply Standardization & > Make or buy innovation
Slide 20: New Strategy Program - Overview
New Strategy Program - Overview Extend leadership in the transformation market Expand the Scale software addressable growth via market (portfolio, partners technologies) Improve Sustain customer Operational relationships with Efficiency recurring revenues © 2022 SNP I The Data Transformation Company
Slide 21: 2022 outlook & 2024 mid-term goals
2022 outlook & 2024 mid-term goals 2024 goals 2022 2021 outlook > Group Revenue > € 230m unaudited3 > Revenue share Segment > Growth in Group Order Entry Software expected to grow > Group Order Entry: € 192.1m above group level > Group Revenue: € 170m to € > Group Revenue: € 167.0m / 190m > Group EB
Slide 22: Summary – SNP Investment Highlights
Summary – SNP Investment Highlights Leading global provider and pioneer of software solutions for automated data migrations and digital 1 transformation in the SAP environment. Strategic partnerships with 7 of the world's 10 largest IT consulting companies accelerate the growth of the 2 highly profi
Slide 23: Financial Calendar 2022
Financial Calendar 2022 Mar 30, 2022 Publication of the Annual Report 2021 Apr 28, 2022 Publication of the Interim Statement Q1 2022 Jun 2, 2022 Annual General Meeting 2022 Aug 10, 2022 Publication of the Half-Year Financial Report 2022 Oct 27, 2022 Publication of the Interim Statement Q3 2022 © 202
Slide 24: We are happy to take your questions!
WE ARE HAPPY TO TAKE YOUR QUESTIONS! © 2021 SNP I The Data Transformation Company – www.snpgroup.com
Slide 25: Agenda
AGENDA OVERVIEW FINANCIALS OUTLOOK QUESTIONS & ANSWERS APPENDIX © 2021 SNP I The Data Transformation Company – www.snpgroup.com
Slide 26: Consolidated Balance Sheet - Assets
Consolidated Balance Sheet - Assets © 2021 SNP I The Data Transformation Company – www.snpgroup.com | 26| 26
Slide 27: Consolidated Balance Sheet – Equity and Liabilities
Consolidated Balance Sheet – Equity and Liabilities © 2021 SNP I The Data Transformation Company – www.snpgroup.com | 27| 27
Slide 28: Consolidated Income Statement
Consolidated Income Statement © 2021 SNP I The Data Transformation Company – www.snpgroup.com | 28| 28
Slide 29: Consolidated Statement of Comprehensive Income
Consolidated Statement of Comprehensive Income © 2021 SNP I The Data Transformation Company – www.snpgroup.com | 29| 29
Slide 30: Consolidated Cashflow Statement
Consolidated Cashflow Statement | 30| 30
Slide 31: Thank you for your time
Thank you for your time SNP Schneider-Neureither & Partner SE Speyerer Str. 4 69121 Heidelberg Germany Marcel Wiskow, Director IR +49 6221 64 25 – 637 Investor.relations@snpgroup.com © 2021 SNP I The Data Transformation Company – www.snpgroup.com
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