Bursa De Valori Bucuresti · BVB:BVB
Bursa De Valori Bucuresti — Q3 2024 Earnings Presentation
14 slides from Bursa De Valori Bucuresti's earnings presentation, 2024
Slide 1: BVB Q324 Quarterly Results
BUCHAREST STOCK EXCHANGE BVB Q324 Quarterly Results Own the future. Invest in it.
Slide 2: BVB vs BET index (5 years, rebased)
BVB vs BET index (5 years, rebased) 350 325 BVB BET index 300 275 250 225 200 175 150 125 100 75 50 Nov-19 Nov-20 Nov-21 Nov-22 Nov-23 Nov-24
Slide 3: Highlights – Q3 Financials
Highlights – Q3 Financials Consolidated Q2 24 vs Q2 23 (RON mn) Standalone Q2 24 vs Q2 23 (RON mn) -45% -60% Punishing base effect following H2O IPO in Q3 2023. Excluding RON 12.5mn one-off trading revenues and RON 2mn one- 18.9 34.2 9.6 23.4 off post-trading revenues in Q3 2023, operating revenues
Slide 4: 15.52 6.09 5.63 3.77 3.48 2.68 2.67 5.79 5.16 2.02 4.35 4.21 2.87 3.42
15.52 6.09 5.63 3.77 3.48 2.68 2.67 5.79 5.16 2.02 4.35 4.21 2.87 3.42 2.60 1.24 2.11 0.12 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 5.58 258 4.24 11.73 189 188 3.80 3.84 180 183 3.52 165 124 2.29 6.89 2.17 5.77 99 92 1.73 1.68 4.46 3.27 3.66 1.94 1.30
Slide 5: Key updates
STOCK EXCHANGE Key updates 3 BUCHAREST CCP.RO = BVB GSM on Sept 3" give a green light for new CCP business plan and up to EUR 3mn additional capital contribution from BVB. Milestones = Dec 2024 - deadline for the authorization documentation to be declared complete by the local regulator = Mid 2025 -
Slide 6: Operating margin
30.06 36.86 -18% 57.34 59.89 -4% (21.42) (18.62) 15% (47.87) (40.35) 19% 8.64 18.24 -53% 9.47 19.54 -52% Operating margin 29% 49% 17% 33% 3.91 2.69 45% 3.96 5.32 -26% 12.54 20.92 -40% 13.43 24.86 -46% 11.07 18.27 -39% 10.42 21.50 -52% 37% 50% 18% 36% 1.2506 2.2699 -45% 1.2085 2.5370 -48% 9% 14% 5% 1
Slide 7: BVB standalone Main financial indicators, YTD and quarterly evolution
BVB standalone BVB standalone Main financial indicators, YTD evolution Main financial indicators, quarterly evolution (RON mn) 36.86 (RON mn) 30.06 23.87 21.42 16.48 18.62 18.24 18.27 14.55 11.07 9.58 8.64 7.14 7.39 2.44 2.12 9M 2024 9M 2023 Q3 2024 Q3 2023 Operating revenues Operating expenses Oper
Slide 8: BVB Group Main financial indicators, YTD and quarterly evolution
BVB Group Main financial indicators, YTD evolution Main financial indicators, quarterly evolution (RON mn) (RON mn) 34.17 57.34 59.89 47.87 40.35 18.90 19.38 16.44 18.14 14.79 19.54 21.50 9.47 10.42 2.46 1.98 9M 2024 9M 2023 Q3 2024 Q3 2023 Operating revenues Operating expenses Operating profit Net
Slide 9: Distribution of operating revenues and operating profit, by segment, 9M 2024
Distribution of operating revenues and operating profit, by segment, 9M 2024 (RON mn) 35.00 • 29.82 30.00 • 25.00 20.00 18.50 15.00 8.44 9.02 10.00 7.05 5.00 1.23 0.00 Trading Post-trading Registry Operating revenues Operating profit Registry, 16% Other, 4% Data vending, 12% Trading fees, 68% Tradin
Slide 10: Operating expenses breakdown: Personnel costs and third party services
Audit services, 12% 12.00 11.15 10.03 10.00 7.53 8.00 6.38 Other third party 6.00 services, 34% Commissions & fees, 15% 4.00 2.74 2.21 2.00 0.00 Promotion activities, 15% 9M 2024 9M 2023 BD services, 24% Personnel costs & Directors' fees Third party services Other operating expenses Rent and office…
Slide 11: Operating expenses breakdown, 9M 2024
Consultancy services 30.00 25.23 expenses 22.67 5% Audit services 20.00 13% 10.00 7.13 Commissions & fees 15.51 4.98 12.70 10% Other third party services 0.00 55% Promotion activities 9M 2024 9M 2023 7% Personnel costs & Directors' fees Third party services Other operating expenses BD services 10% R
Slide 12: Overview of the financial position as of September 30, 2024
STOCK EXCHANGE Overview of the financial position as of September 30, 2024 3$ BUCHAREST BVB Standalone Increase of 6% vs Dec 23 in non-current assets up to RON 115 mn is determined Financial position, BVB standalone and BVB Group (RON mn, unless otherwise stated) by: . Improvements works and furnitu
Slide 13: 5 years evolution - BVB share
5 years evolution - BVB share 80.00 0.30 60.00 0.20 40.00 0.10 20.00 - - 2020 2021 2022 2023 2024 Average trading value (RON mn) Closing price • 13
Slide 14: IR Contact
IR Contact: Remus Danila Head of IR and Business Development ir@bvb.ro M: +40 745 013 552 P: +40 21 307 95 07 BUCHAREST Thank you This presentation is made solely to the intended recipient and should not be distributed to, or acted upon by, any other person. Itis for general information only and ref
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