Gigas Hosting Sa · BME:GIGA
Gigas Hosting Sa — 36th ESN European Conference, London, December 2018
20 slides from Gigas Hosting Sa's conference presentation, December 2018
Slide 1: 36th ESN European Conference Investors Presentation
36th ESN European Conference Investors Presentation
Slide 2: About Gigas
About Gigas Gigas is a cloud computing company founded in 2011, operating in the "Infrastructure as a Service" (laaS) segment A sector with significant growth rates (over 25% per year in Spain and Latam, in the 2014-2018 period, according to Gartner), and consolidation opportunities. Gigas has devel
Slide 3: Gigas at a glance
Gigas at a glance ® ; . — —— | . 4 Employees ® Sector 90 “Infrastructure as a Service” (laaS) AX Customers = 6 Datacenters 4,000 Spain, USA, Chile, Colombia (Tier Ill & IV) © Offices 4 Listed on the Madrid Spain, USA, Colombia, Peru, Chile, Panama and Mexico M23 X BR cica | Stock Exchange
Slide 4: Leading provider of cloud computing services in Spanish-speaking markets
Leading provider of cloud computing services in Spanish- speaking markets
Slide 5: Gigas Experience Team
Gigas Experience Team Moisés Israel Diego Cabezudo José Antonio Arribas CHAIRMAN CEO coo Lola Molins Alberto Fernandez Joaquin Miranda Cristian Garcia MARKETING DIRECTOR SALES DIRECTOR LATAM DIRECTOR FINANCE CONTROLLER
Slide 6: Management, Shareholders and Board of Directors
Management Team Private Investors 100% of Gigas shares are listed on the Alter- native Stock Market (MAB) in the Madrid Stock Exchange. *Venture Capital Funds: * Bonsai Venture Capital (Investor in idealista.com, Softonic, Tuenti, Infojobs, Offerum, Top Rural, Wuaki ty...) * Caixa Capital Rise, La C
Slide 7: Award Winning Technology
Award Winning Technology Cloud Service Provider in Spain MSPmentor Global Edition, 2015 & 2016 EY i} Significant Global Provider Gartner Cloud Infrastructure as a Service 2013, 14, 15 & 17 TOP N oa at Best laaS Service 1 Eurocloud 2013 & 2014 Best Global Cloud Hoster The Cloud Awards 2016, 2017 Best
Slide 8: Some Companies Hosted at Gigas
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Slide 9: Infrastructure & Technology
Infrastructure & Technology Partners Getting the cloud infrastructure as closest to the customer as possible is key for user experience, technical and regulatory reasons: * Own infrastructure in six external data centers, with the highest Security and Availability certifications (Tier Ill and Tier I
Slide 10: Revenue Split per Product
Cloud Datacenter ° The Cloud Datacenter, aimed at medium and large corporates, with 89.3% of total ytd 2018 gross revs. is the focus of Gigas and continues to grow both in terms of customers and ARPU Revenue Split per Product Cloud VPs y 10.7% * Cloud Datacenter customers reached 714 at the end of t
Slide 11: Cloud VPS and ARPUs
Cloud VPS and ARPUs * The Cloud VPS segment is very price sensitive. gigas : Oe) Bm Gigas focuses only on high value customers and a trades growing customers for higher ARPU and margins, together with low acquisition costs * Cloud VPS customers reached 3,243 at the end of the Q3 (21 less than Q218 a
Slide 12: Inorganic Growth
Inorganic Growth * The cloud and hosting market is dominated by 3-4 large players (c.50% of the market) whereas the other half is extremely fragmented. ° Gigas is exploiting the opportunity to acquire companies with good business customer bases which bring volume and significant synergies. * Two com
Slide 13: Revenues 9M18
Revenues 9M18 ° Revenues continue to grow strong, both due to organic growth and acquisitions ° SVT and Ability acquisitions contributing to higher than budgeted revenues, despite Ability only consolidating for a bit less than half of the period Gross Revenues Net Revenues 10 10 8 8 40.8% 6 6 42.6%
Slide 14: Revenues Q3
Revenues Q3 ° Growth Y-o-Y very significant in the quarter, due to the contribution of SVT and Ability, which bring in more than half of the growth in the period ° Large customer lost in June impacted results, since it would have added almost €50K in the quarter Gross Revenues Net Revenues 3 3 54.0%
Slide 15: EBITDA
EBITDA ° Much higher than budgeted EBITDA in the quarter, reaching €0.53M, due to Ability (not included in original budget) and cost efficiencies, including SVT synergies ° A total of €411K of non-recurring costs related to M&A and a extraordinary bad debt provision were accounted in the first half
Slide 16: 2018 Budget
2018 Budget CONSOLIDATED GROUP BUDGET Figures in EUR at Q2 a3 a4 2018est % Chg. 2017 Customer revenue 2.188.015 2.222.952 2.391.316 2.541.191 9.293.474 31,8% 7.053.165 Accrued sales (18.965) 39.143 8.865 (59.557) (30.514) 17,1% (26.058) Sales discounts and promotions (288.006) (287.715) (305.554) (3
Slide 17: FY 2018 Guidance Update
FY 2018 Guidance Update Guidance provided in September, when releasing H1 results was to close 2018 with €9.8M in gross revenues and €8.5M in net revenues, higher than the €9.3M and €8.1M included in Budget The Company confirms such estimates and given the good performance of the past few months bel
Slide 18: H1 2018 Balance Sheet and 2018 YE estimations
H1 2018 Balance Sheet and 2018 YE estimations Trade payables and receivables now normalized after acquisitions this year Convertible bonds issued this year (€2.5M) accounted as Other Equity Instruments (c. 30%) and Non-Current Liabilities (c. 70%) Intangible assets increase due to acquisitions. Good
Slide 19: Share Price Evolution
Share Price Evolution ° Share price developing very well: Up 112.3% since IPO, 130.0% in the last 12 months and 98.3% ytd ° Second most liquid stock in MAB-EE in relative terms and fourth in absolute terms GIGA Share Price 12M Liquidity Scores 7 DEC 18 ef MM #1 Atrys Health 9,824 46 | #2 Ebioss Ener
Slide 20: gigas
gigas Diego Cabezudo. CEO diego.cabezudo@gigas.com @cabezudo @diegocabezudo
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