14 slides from Vitec Software Group Ab Class B's earnings presentation, Apr 18, 2024
Slide 1: Vitec vertical software
BVITCC vertical software
Slide 2: Interim report January-March 2024
Interim report January-March 2024
Slide 3: Summary of interim period, January–March 2024
Summary of interim period, January–March 2024 • Net sales SEK 716 million (613), an increase of 17% • Recurring revenues SEK 616 million (509), an increase of 21% • EBITA SEK 220 million (185), an increase of 19% • EBITA margin 31% (30) • Operating profit SEK 153 million (123), an increase of 25% •
Slide 4: Key figures
Key figures 2024 2023 Jan-Mar Jan-Mar Change Net sales, SEK million 716 613 17% Recurring share of net sales, % 86% 83% EBITA, SEK million 220 185 19% EBITA margin, % 31% 30% Operating profit/loss, SEK million 153 123 25% Operating margin, % 21% 20% Net profit/loss for the period, SEK million 86 77
Slide 5: Net sales
Net sales MSEK Proforma net sales Net sales by year Net sales by quarter 2,961 CAGR 22.3% SEK 2,778 million (1,978), an increase of 40% SEK 716 million (613), an increase of 17%
Slide 6: EBITA
EBITA EBITA Margin YTD EBITA and EBITA margin by year EBITA and EBITA margin by quarter 31% CAGR 32.2% SEK 876 million (582), an increase of 51% SEK 220 million (185), an increase of 19%
Slide 7: Allocation of recurring revenues
Allocation of recurring revenues Transaction-based revenues Subscription-based revenues
Slide 8: Growth
Growth Acquired annual revenue Organic growth
Slide 9: Condensed consolidated statement of comprehensive income
Condensed consolidated statement of comprehensive income
Slide 10: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position
Slide 11: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow
Slide 12: Diversification of sales
Diversification of sales Number of customers 24,600 Sales by market Breakdown of revenue Customers January-March 2024 1% 1 %
Slide 13: Our business units
Our business units Business unit Reg. Acquisit Annual Sales 2023, SEKm Recurring Business unit Reg. Acquisit Annual Sales 2023, SEKm Recurring office ion year (recurring share = red) 2023 office ion year (recurring share = red) 2023 0 100 200 300 0 100 200 300 ABS NL 2022 46% Vitec HK data NO 2019 8
Slide 14: Vitec vertical software
BVITCC vertical software