Ituran Location And Control Ltd. · NASDAQ:ITRN
Ituran Location And Control — Investor Presentation (October 2021)
17 slides from Ituran Location And Control's investor presentation, October 2021
Slide 1: Investor Presentation October 2021
INVESTOR PRESENTATION OCTOBER 2021
Slide 2: Utilizing advanced technology to make people's lives and businesses better
UTILIZING ADVANCED TECHNOLOGY TO MAKE PEOPLE’S LIVES & BUSINESSES BETTER
Slide 3: Our offerings
stolen vehicle recovery OUR fleet management OFFERINGS connected car services
Slide 4: Usage-based insurance
USAGE-BASED INSURANCE Insurance Personalization Launched April 2019
Slide 5: Why?
WHY? Lower risk Improving The driving premium efficiencies experience
Slide 6: Reaching our customers
After market sales REACHING OUR OEM/car manufacturers CUSTOMERS Insurance companies
Slide 7: 1.81m recurring revenue model
70%+ Recurring subscription fees from 1.81m subscribers 30% RECURRING one-time product fees bringing the REVENUE MODEL customer initially
Slide 8: Global presence
Canada UK Ukraine United states Japan Spain Israel Mexico India Colombia Malaysia Ecuador Congo Indonesia Singapore Brazil South Africa GLOBAL Argentina PRESENCE HEADQUARTERED DISTRIBUTOR
Slide 9: Selected partners and customers
SELECTED PARTNERS AND CUSTOMERS
Slide 10: Subscriber growth
After-market sub growth at 1.81m 10% total subs SUBSCRIBER 437 489 440 549 GROWTH organic OEM subs CAGR # subscribers ‘000s at period-end 1,375 1,328 1,292 1,221 1,160 1,057 948 817 after-market 741 subs 667 623 604 561 511 444 396 339 263 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Slide 11: Financial performance & model
FINANCIAL PERFORMANCE & MODEL LONG-TERM HISTORICAL GROWTH 279 253 246 239 74.6 200 72.0 62.7 products 68.7 77.5 57.6 70.1 71.7 59.6 30.6% 60.8 29.4% 25.7% 24.8% 205 29.9% 170 181 183 services EBITDA 142 margin 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 EBITDA* Revenue *2019 & 2020 excludes im
Slide 12: Quarter's results second quarter 2021
QUARTER’S RESULTS SECOND QUARTER 2021 ❖ Continued improvement in revenues ❖ Both aftermarket and OEM subscriber growth ❖ Sequential & YoY improvement in profitability ❖ $19m in operating cash flow ❖ $3m dividend and $19m buy-back announced $67.4m $67.5m ❖ Bringg valuation reaches $1bn (held 17% by I
Slide 13: Mission critical SaaS $1bn valuation
17.2% Ituran holdings Other investors include: in Bringg Insight, Coca-Cola, Viola, Salesforce, OG Tech, GLP, Next47, Aleph, Pereg, Mission Critical SaaS technology to rapidly improve pickup and delivery speed, capacity, Cambridge Capital Delivery & Fulfillment and customer experience at scale $1bn
Slide 14: $286M in returns to shareholders since IPO in 2005
$286M IN RETURNS TO SHAREHOLDERS SINCE IPO IN 2005 Q2 2021 CURRENT MARKET CAP • • Issued $3m dividend Dividend payments restarted ~$600M $33m in balance sheet net cash in Q4 2020 SHARES BOUGHT BACK DIVIDENDS ISSUED $6M $279M • Renewed buy-back program • $19m remaining
Slide 15: Venturing into new areas
VENTURING INTO NEW AREAS Indian market: 250m+ registered vehicles
Slide 16: Mobility Innovation Center
MOBILITY INNOVATION CENTER powering Israel’s smart mobility
Slide 17: Thank you!
-oee- sesee0- 38e8sse- seseee. sesece see8 TECHNOLOGY DRIVEN BY PEOPLE THANK YOU!
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