Txt E-solutions S.p.a. · MIL:TXT
Txt E-solutions — Virtual STAR Conference 2021 Spring Edition
21 slides from Txt E-solutions's conference presentation, Mar 23, 2021
Slide 1: Virtual STAR Conference 2021 Spring Edition
Virtual STAR Conference 2021 Spring Edition March 23, 2021 Daniele Misani, CEO Andrea Favini, IR
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by TXT e-solutions (“TXT”) and is general background information about TXT’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this prese
Slide 3: Leadership Team
Leadership Team Enrico Magni Misani Daniele Eugenio Forcinito Chairman Group CEO Group CFO A seasoned entrepreneur + 20 years in TXT, strong +20 years experience in the with a solid track record in international background in business Finance and Administration driving companies’ growth, development
Slide 4: Group Overview
Group Overview
Slide 5: TXT Group At a Glance
TXT Group At a Glance PIONEER OF DIGITAL TRANSOFRMATION & SOFTWARE MARGIN EXPANSION TECHNOLOGIES today we offer a mix of best-in-class 12.5% FY20 EBITDA margin, +0.6pp YoY strategic software, consultancy and innovative services CAGR EBITDA FY17-FY20: +35.2% 30+ YEARS OF EXPERIENCE IN AEROSPACE, defe
Slide 6: Full Year Results: 2020 vs. 2019
Full Year Results: 2020 vs. 2019 Results of FY 2020 show a double-digit growth in Revenues driven by M&A, with Software revenues and EBITDA increasing +25% YoY and +22% YoY respectively Revenues by Market Revenues from Software EBITDA (€mn, % on total revenues) (€mn, % on total revenues) (€mn, % on
Slide 7: Our transformation path...
Our transformation path... Diversification over the period 2017-2020 with constant FinTech incidence increased thanks to Organic and Software Growth & M&A contribution M&A and Organic Growth 14.1 68.8 35.9 68.8 5.8 23% 9.7 28.0 41% 35.9 3.4 8.2 77% 40.8 59% 27.6 FY17 FY17 Organic Software Organic gr
Slide 8: Transformation
Constant Reboot completed: a new phase of growth ahead Growth €69M 12 months revenues * €60M * Excluded Retail business €40M €36M IT Governance & FinTech Banking & Finance Swiss FinTech: Digital Transformation R.: €3mn in FY17 R.: €9mn in FY18 R.: CHF5mn in FY19 R.: €12mn in FY19 Transformation List
Slide 9: Diversification: Group's Divisions & Markets
Group’s Divisions & Markets Core markets Turnover EBITDA margin International Revenues Turnover EBITDA margin Net operating Revenues FY-2020: FY-2020: revenues: breakdown FY-2020: FY-2020: investment for breakdown Software product Start-up: Software Advanced services Advanced services Projects Proje
Slide 10: Offering & Strategy
Offering & Strategy
Slide 11: Group's Competences & Software Solutions
Group’s Competences & Software Solutions Deep technology, industry Flexible service Innovative & process expertise models Software FinTech (NPL, leasing & More): FinTech (SCF market): Process Mining IT Governance & Cybersecurity & IT SW Quality Assurance, Cheleo Suite is the Modular Service Manageme
Slide 12: Focus: Aerospace & Aviation
Focus: Aerospace & Aviation International specialized provider of Software Solutions & Engineering Services On-board Software TOP CUSTOMERS Product Development Preliminary Design & Evaluation Product Configuration Customer Engineering & Manufacturing Digital Manufacturing Training & Simulation Aircr
Slide 13: Focus: FinTech, IT & Digital Consultancy
Focus: FinTech, IT & Digital Consultancy Proprietary innovative platforms, Advanced services & Consultancy Financing, Credit & Proprietary software suite for the management of NPL, TOP CUSTOMERS NPL Management Leasing, Factoring & Salary-backed loan Compliance & AML Proprietary RegTech platform for
Slide 14: Some Examples of TXT's Best-in-class Solutions
Some Examples of TXT’s Best-in-class Solutions Aerospace & Aviation FinTech Anti Money Laundry, Anti- Extended Reality Collaboration & XR Marketplace for the SCF market Corruption, Anti-Terrorism • Pacelab WEAVER: the best-in-class • Product configuration with • Modular software solutions for risk •
Slide 15: Our growth path dimensions
Our growth path dimensions 15
Slide 16: Shareholding & Financial Details
Shareholding & Financial Details
Slide 17: Shareholding Structure, Dividends & Shareholder's Return
Shareholding Structure, Dividends & Shareholder‘s Return Dividends and Treasury Shares Repurchase (€m) Shareholding Structure March 10th, 2021* Latest Public Data Available * 16.3 Kabouter LLC stake down from 8.9% at Oct-2020 ** 18 Kabouter Management 16 14 4.6 LLC 11.7 4.8% ** Treasury 12 Shares 1.
Slide 18: Increasing and solid trading results – Full Year 2020
Increasing and solid trading results – Full Year 2020 € thousand FY 2020 % FY 2019 % Var % REVENUES 68,753 100.0 59,091 100.0 16.4 Direct costs 39,470 57.4 31,824 53.9 24.0 GROSS MARGIN 29,283 42.6 27,267 46.1 7.4 Research and Development costs 6,684 9.7 6,071 10.3 10.1 Commercial costs 7,636 11.1 8
Slide 19: Strong Balance Structure as at December 31, 2020
Strong Balance Structure as at December 31, 2020 € thousand 31.12.2020 31.12.2019 Var. Intangible assets 37,653 24,380 13,273 Tangible assets 7,460 7,929 (469) Other fixed assets 2,299 2,325 (26) Fixed Assets 47,412 34,634 12,778 Inventories 4,749 4,156 593 Trade receivables 35,411 19,371 16,040 Oth
Slide 20: Net cash: strong and solid financial position
Net cash: strong and solid financial position € thousand 31.12.2020 31.12.2019 Var Cash 11,933 11,426 507 Trading securities at fair value 68,161 87,320 (19,159) Cash & Cash equivalents 80,094 98,746 (18,652) Short term bank loans (28,181) (17,353) (10,828) Options referred to M&A (Put/Call - Earn O
Slide 21: Thank you for your attention!
Thank you for your attention! www.txtgroup.com Via Frigia, 27 20126 Milano Italy infofinance@txtgroup.com +39 02 257711 © TXT e-solutions – All rights reserved. Confidential and proprietary document. This document and all information contained herein is the sole property of TXT e-solutions . No inte
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