Slide 1: FY 2023 Results Presentation
FY 2023 Results Presentation March 15, 2024
Slide 2: Disclaimer
Disclaimer This proprietary presentation (including any accompanying oral presentation, question and answer session and any other document or materials distributed with or in connection with this presentation) (collectively, the “Presentation”) has been prepared by Technoprobe S.p.A. (the “Company”
Slide 3: Technoprobe at a glance
Technoprobe at a glance 1996 21 2,746 Year of Offices Employees Foundation Worldwide Worldwide +600 €5,1bn Proprietary Market Cap patents INNOVATION BEGINS WITH US 3
Slide 4: FY 2023 main Corporate events
FY 2023 main Corporate events May – June Translisting: • Technoprobe’s ordinary shares listed on Euronext Milan • Free Float increased from 20.8% to 25.0% August Acquisition of Harbor Electronics: • Further vertical integration of the manufacturing process • Acquisition of technical skills in the Fi
Slide 5: Revenues at 409.3€m: market drivers
FY 2023 market drivers Consistent growth in AI & Datacenter Revenues at 409.3€m Early signs of slowdown in Automotive and Industrial in Q4 down 8.2% QoQ down 25.4% YoY Weak demand in the Consumer market Slower than expected correction in inventories INNOVATION BEGINS WITH US 5
Slide 6: Financial Highlights
Financial Highlights Revenues at 101.9€m down 16.0% YoY, down 8.2% QoQ Q4 2023 Gross Profit at 42.6€m results down 41.9% YoY, with a margin of 41.8% Ebitda at 22.2€m down 56.1% YoY, with a margin of 21.8% Revenues at 409.3€m down 25.4% YoY FY 2023 Gross Profit at 199.3€m results down 40.1% YoY, with
Slide 7: FY 2023 Results
FY 2023 Results FY 2022 FY 2023 YoY Variance Comments €m • Revenues affected by shrinking in Revenues 548.9 409.3 -25.4% volumes in the consumer market Gross profit 332.8 199.3 -40.1% • Gross profit impacted by: o Decrease in revenues % margin 60.6% 48.7% o Maintenance of the production structure an
Slide 8: FY 2024 market drivers
FY 2024 market drivers H1 2024 H2 2024 Consistent growth in AI Weakness in Automotive and Industrial Recovery in demand in the Consumer market Correction in inventories INNOVATION BEGINS WITH US 8
Slide 9: Q1 2024 Guidance
Q1 2024 Guidance* Revenues: 102€m (+/-3%) Gross Margin: 44% (+/-2%) Ebitda Margin: 26% (+/-2%) (*) Do not include DIS INNOVATION BEGINS WITH US 9
Slide 10: Q&A
Q&A
Slide 11: Technoprobe
(vvv) TECHNOPROBE