Ard Grup Bilisim Teknolojileri As · BIST:ARDYZ
Ard Grup Bilisim Teknolojileri As — ARD Group Information Technologies — Q4 2020 Earnings Presentation
18 slides from Ard Grup Bilisim Teknolojileri As's earnings presentation, Feb 23, 2021
Slide 1: Investor Presentation 4Q 2020 Figures
Investor Presentation 4Q 2020 Figures 23 February 2021
Slide 2: 4Q 2020 Headlines
4Q 2020 HEADLINES Debt Level: Net Cash and Long Foreign Exchange Position 4Q 2020: Solid Financial Figures Share Performance: Strong Share Performance 2
Slide 3: Executive Summary
EXECUTIVE SUMMARY Growth performance supporting the investment story Growth Simultaneous strong growth in net sales, EBITDA and net profit in the last quarter of the year Quarterly gross profit margin, which was 81% in 3Q2020, increased to 83% in 4Q2020 Margins Quarterly rise in R&D expenses balance
Slide 4: Solid Performance
4Q 2020 Results 12M20 vs 12M19 Solid Performance 4Q20 vs 4Q19 REVENUE 120.6% 68.7% REVENUE GROWTH GROWTH EBITDA* 129.5% 121.5% EBITDA* GROWTH GROWTH NET INCOME 148.7% 141.2% NET INCOME GROWTH GROWTH EBITDA* 59.5% 60.3% EBITDA* MARGIN MARGIN 4 *Other Income / Expense from Operating Activities are inc
Slide 5: Strong EBITDA Growth
4Q 2020 Figures Strong EBITDA Growth Quarterly Financial Data Quarterly Net Sales EBITDA (mTL) Net Sales (mTL) 45 70 63,9 40 38,5 60 35 50 30 40 37,8 25 20 17,4 30 15 20 10 10 5 0 0 4q2019 4q2020 4q2019 4q2020 Net Income (mTL) 40 36,7 35 Robust Quarterly Performance 30 25 ▀ Net Sales increased by 68
Slide 6: Acceleration in Last Quarter
4Q 2020 Figures Acceleration in Last Quarter 12M Financial Data 12M Net Sales EBITDA (mTL) Net Sales (mTL) 80 74,5 140 125,2 70 120 60 100 50 80 40 32,5 56,8 60 30 40 20 10 20 0 0 2019/12 2020/12 2019/12 2020/12 Net Income (mTL) 70 65,7 60 Strong 12M Performance 50 ▀ Net Sales increased by 120.6% in
Slide 7: Fundamental Dynamic is Sales Growth
4Q 2020 Figures Fundemental Dynamic is Sales Growth 12A20 Net Income Bridge 12A20 EBITDA Bridge ∆ :Changing ∆ :Changing Net Income Grew Significantly EBITDA Grew Significantly ▀ The net income bridge reveals the improvement in net income ▀ The EBITDA bridge reveals the improvement in EBITDA compared
Slide 8: Improvement in Working Capital
4Q 2020 Figures Improvement in Working Capital Working Capital Working Capital Bridge Working Capital Analysis TLm 2016 2017 2018 2019 2020 Trade Receivables 6,1 8,8 25,0 40,9 62,6 Inventory + Other Cur. Assets 2,9 13,0 0,8 0,4 4,4 Trade Payables (5,7) (12,8) (10,7) (3,2) (9,6) Deferred Income + Oth
Slide 9: Low Leverage Creates High Borrowing Capacity
4Q 2020 Figures Low Leverage Creates High Borrowing Capacity Net Cash Position Net Debt/EBITDA Net Debt/EBITDA Net Cash & Equity & Financial Leverage 10 0,5 7,8 TLm 2018 2019 2020 5 3,4 Cash and Cash Equivalents 0,1 1,7 27,3 0,2 Financial Investments - - - - Net Debt/EBITDA Other Receivables 4,4 - -
Slide 10: Long FX Position
4Q 2020 Figures Long FX Position Foreign Exchange Position Annual Investments Investment (mTL) %51,3 70 60 5,2 50 40 %41,5 As of 2020/12, the company has TL 8.1 30 %34,7 %21,9 59,0 mn long foreign 20 2,7 0,2 exchange position 10 0,5 18,6 10,2 12,2 - 2017 2018 2019 2020 R&D Other Investment Investmen
Slide 11: 37.8% ROE and Financial Ratios
4Q 2020 Figures 37.8% ROE ROE Financial Ratios Liquidity Ratios 2020/12 2019/12 2018/12 Reference Return on Equity (ROE) Current Ratio 6.17 3.86 1.81 1.0-1.5 220 Liquidity Ratio 5.94 3.83 1.76 0.8-1.0 200 180 2020; 37,8%; 173,5 Debt Ratios 2020/12 2019/12 2018/12 Reference 160 Equity (TLm) 140 Total
Slide 12: Strong Stock Performance
4Q 2020 Figures Strong Stock Performance Stock Performance Dividend Performance 70 60 2020 50 % 909 40 30 20 1.6 10 ARDYZ 5.26% 0 5.02.2020 20.02.2020 6.03.2020 21.03.2020 5.04.2020 20.04.2020 5.05.2020 20.05.2020 4.06.2020 19.06.2020 4.07.2020 19.07.2020 3.08.2020 18.08.2020 2.09.2020 17.09.2020 2.
Slide 13: Appendix
NO, OY) ARD INFORMATICS APPENDIX
Slide 14: Milestones of ARD Group
MILESTONES OF ARD GROUP Establishment of Transition to ARD INFORMATICS Establishment of The company title listed in BIST100 index ARD INFORMATICS ARD Group Energy changed to the Registered and rised to the BIST in Hacettepe ARD Group ARD INFORMATICS Capital System Stars Market Technopark Constructio
Slide 15: Financials
FINANCIALS Yıllık Net Satışlar Balance Sheet Income Statements 2019 2020 2019 2020 2020-2019 TL 2020/2019 TL ARD Informatics Audited Audited FUNDING ARD Informatics Audited Audited Change (%) Assets 86,390,199 194,182,794 Cash and Equivalents 1,744,656 27,282,062 25.537.406 Net Sales 56,757,771 125,
Slide 16: Company Factsheet
COMPANY FACTSHEET SHAREHOLDER STRUCTURE Name/Title of Shareholders Capital, TL Share in Capital (%) Share in Voting Rights(%) ARD GROUP HOLDING INC. 14.500.000,00 60,73 73,87 FREE FLOAT 9.375.000,00 39,27 26,13 TOTAL 23.875.000 100 100 • ARD Group Informatics Technologies Inc. has been continuing it
Slide 17: Disclaimer
DISCLAIMER Yıllık Net Satışlar This presentation contains information relating to ARD GROUP INFORMATION TECHNOLOGIES INC. (“ ARD INFORMATICS ”) that may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. By accessing this
Slide 18: Investor Relations Contacts
INVESTOR RELATIONS CONTACTS Damla Mermeroğlu Investor Relations Manager v T 0 312 299 25 95 damla.mermeroglu@ardgrup.com.tr Eda Dirican Investor Relations Specialist T 0 312 299 25 95 eda.dirican@ardgrup.com.tr THANK YOU For detailed information, please contact us by e-mail investor.relations@ardgro
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