Atp Yazilim Ve Teknoloji As · BIST:ATATP
Atp Yazilim Ve Teknoloji As — ATP Yazılım ve Teknoloji A.Ş. — Q3 2022 Earnings Presentation
24 slides from Atp Yazilim Ve Teknoloji As's earnings presentation, Nov 9, 2022
Slide 1: ATP Q3 2022 Results Presentation
ATP Q3 2022 Results Presentation November 9, 2022
Slide 2: Disclaimer
Disclaimer This presentation contains information and analysis on financial statements as well as forward-looking statements that reflect ATP management’s current views with respect to certain future events. Although it is believed that the information and analysis are correct and expectations refle
Slide 3: Business Update
Business Update ATP Q3 2022 Results Presentation
Slide 4: A Diversified Business Model: Our Subsidiaries
A Diversified Business Model Key Areas ▪ Finance & capital markets focus ▪ Global Journey in Hospitality Industry ▪ Flexible GTP architecture ▪ Focus on Quick Service Restaurants (QSR) ▪ 50% of market share1 ▪ Türkiye & China current leading markets ▪ Sustainable profitability with MRR Our Subsidiar
Slide 5: Strong Financial Performance Through Solid Execution
Strong Financial Performance Through Solid Execution Q3 2022 9 Months 2022 Revenue TRY 140.3M 163% YoY TRY 331.5M 112% YoY Gross Profit TRY 74.8M 196% YoY TRY 166.4M 149% YoY EBITDA TRY 30.5M 62% YoY TRY 78.5M 56% YoY Net Income TRY 36.1M 101% YoY TRY 85.3M 87% YoY Accelerated performance despite ma
Slide 6: Balanced Revenue Distribution Contribution to Performance
Balanced Revenue Distribution Contribution to Performance Revenue Distribution 2022 Revenue Distribution by 9-MONTH Domestic & International1 Currency1 REVENUE 227.4M TRY 331.5M 102.6M 68,6% 31,0% 39,5% 31,4% 29,6% EBITDA 104.1M 130.8M 98.1M EBITDA Domestic International TRY USD/RMB (Exports) USD (
Slide 7: Higher Predictability with Increasing MRRs
Higher Predictability with Increasing MRRs Q3.22 MRR DISTRIBUTION STEADILY INCREASING MRR (M, TRY) 57% MRR 25% 70 18% Tradesoft Zenia ATP Digital 60 Q3 2022 50 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH TRY 66.2M 46% 94% YoY 40 9 MONTHS 2022 30 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH 20 TRY 179
Slide 8: Leading Software Solutions in Global Hospitality Market
Leading Software Solutions in Global Hospitality Market 9 Month QSR Revenue Distribution Significant Opportunities Globally ▪ QSR market expected to exceed US$700B1 in 2022 48,1% ▪ QSR to grow 4.8%2 CAGR 2022-2026 globally with 51,9% household spend on QSR increasing o Zenia well positioned in an ec
Slide 9: QSR Growth through Mission Critical Technology Solutions
QSR Growth through Mission Critical Technology Solutions Launching “NextGen” Android Kiosks Comprehensive Cloud Based for Higher Customer Engagement QSR Solutions SaaS based integrated platform designed to Zenia manage orders from multiple channels and O2O enabling deliveries to customers Intelligen
Slide 10: ATP GSYO Investments
ATP GSYO Investments Mission Investment Approach Provide corporate venture capital and support to technology startups with commercially viable solutions and global potential in select verticals ATP GSYO considers investments with; and strategic importance for ATP. ▪ Strategically aligned technologie
Slide 11: Potential of E-Commerce in Türkiye & Our Initial Investment
Potential of E-Commerce in Türkiye & Our Initial Investment * * Source: Türkiye e-commerce market strategy study by PWC Türkiye, March 2022 1. E-commerce market definition includes sales of goods on online marketplaces and online channels of omnichannel retailers, and excludes travel & transportatio
Slide 12: TıklaGelsin, Food Order & Delivery Platform
TıklaGelsin, Food Order & Delivery Platform TiklaGelsin Current TAB Food Investments (TFI) Brands Served on Platform ▪ Currently, TFI’s leading QSR brands are on the platform, providing a strong starting position ▪ Built in synergies with access to an ecosystem of 1.400 restaurants in Türkiye; servi
Slide 13: Our Delivery Service
Our Delivery Service Fiyuu ▪ Fiyuu, Türkiye’s growing fast delivery platform; overall 4th in terms of couriers ▪ Nationwide delivery operations at 68 cities with more than 4,000+ couriers ▪ Established to serve consumers and companies; to provide want they want where they want it in a timely manner
Slide 14: Financial Performance
Financial Performance ATP Q3 2022 Results Presentation
Slide 15: Strong Revenue Growth Despite Macroeconomic Challenges
Strong Revenue Growth Despite Macroeconomic Challenges Quarterly Revenue (M, TRY) 9 Months Revenue (M, TRY) %163 %112 140,3 331,5 102,8 93,1 88,4 156,5 53,3 9M.21 9M.22 Q3.21 Q4.21 Q1.22 Q2.22 Q3.22
Slide 16: Increased EBITDA Performance
Increased EBITDA Performance Quarterly EBITDA (M, TRY) 9 Months EBITDA (M, TRY) %62 %56 30,6 78,5 18,8 50,3 Q3.21 Q3.22 9M.21 9M.22
Slide 17: Solid Net Income through Seamless Execution
Solid Net Income through Seamless Execution Quarterly Net Income (M, TRY) 9 Month Net Income (M, TRY) %101 %87 36,1 85,3 45,6 18,0 Q3.21 Q3.22 9M.21 9M.22
Slide 18: Contribution by Brands and Subsidiaries Through Sound Growth
Contribution by Brands and Subsidiaries Through Sound Growth 9 Month Revenues By Business Area (M, TRY) 9 Month EBITDA By Business Area (M, TRY) Tradesoft Zenia ATP Dijital Tradesoft Zenia ATP Dijital Revenue EBITDA YoY Growth YoY Growth 14,4% 11,5% 17.0M 74.8M 21,6% 22,6% 194.2% 232.9% 54,2% 43,4%
Slide 19: Strong Balance Sheet and Improved Working Capital
Strong Balance Sheet and Improved Working Capital Summary Balance Sheet (M, TRY) Working Capital/Revenue 30.09.2022 31.12.2021 Δ Cash and cash equivalents 183.0 154.2 18.6% 44,5% Trade receivables 233.2 208.1 12.1% Inventories 9,0 8.1 10.7% Property, plant and equipment 4.6 2.1 116.5% Intangible ass
Slide 20: Financial Metrics
Financial Metrics Ratios Equity1 (M, TRY) 378,3 Current Ratio 2.81 338,2 Liqudity Ratio 2.75 322,4 287,7 ROA 22.1% 252,9 ROE 32.9% Gross Profit Margin 50.2% Gross Profit Change 148.8% Q3.21 Q4.21 Q1.22 Q2.22 Q3.22 1. Equity related to ATP ownership in companies
Slide 21: Appendix
Appendix ATP Q3 2022 Results Presentation
Slide 22: ATA Group
ATA Group Finance Food The origins of Ata Holding Group of companies goes back to Seri Insaat, which was founded in 1969 and built the Atatürk Dam1. Tourism Ata Group companies operate in multiple industries incuding Finance, Technology, Food, Logistics, Real estate Development, Construction Materia
Slide 23: ATP Company Structure
ATP Company Structure Public (20%) + Other Investors 21.65% 78.35% Zenia Technologies B.V. Amsterdam, Holland ATP Istanbul, Turkey Tradesoft (Shangai) IT Co., Ltd. Shanghai, China 51% 49% Zenia Limited Valetta, Malta 100% 100% 100% Shangai IT Co., Ltd. 39 Technologies B.V. Turkey 261 VENTURE ARM 100
Slide 24: Global Enterprise References
Global Enterprise References 33 Finance and Capital Customers Markets Customers 457 Hospitality Industry Customers Customers Enterprise IT and 62 Digital Transformation Customers Customers
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