Gft Technologies Se · XETR:GFT

Gft Technologies — Investor Presentation (March 2025)

41 slides from Gft Technologies's investor presentation, March 2025

1. Slide 1: GFT Technologies SE – Investor presentation

   GFT Technologies SE – Investor presentation March 2025 © 2025 | GFT Technologies SE and its affiliates. All rights reserved.

2. Slide 2: GFT at a glance

   Shaping the Investor GFT at a glance future of digital presentation business GFT is a rapidly growing AI-centric digital transformation pioneer € 871m REVENUE REVENUE BY SECTOR Industry & others 10% Insurance 15% FY 2024 +>15% Banking 75% CAGR 10Y € 77m ADJ. EBIT € 174m REVENUE 12,000+ global team €

3. Slide 3: GFT share – Investment case

   Shaping the Investor GFT at a glance future of digital presentation business GFT share – Investment case Global AI-centric digital Technology leader at the top of transformation pioneer with prestigious industry rankings, backed by deep sector expertise strong partners Digitalisation & AI Design AI-

4. Slide 4: GFT share

   Shaping the Investor GFT at a glance future of digital presentation business GFT share 6/6 analysts with BUY recommendation Average target price €33, upside potential: >60% March 2025 Free float 64.2% SHAREHOLDER Ulrich Dietz 26.3% Stable shareholder structure STRUCTURE Maria Dietz 9.5% Attractive d

5. Slide 5: Global delivery platform offers cost-efficient solutions for our clients

   Shaping the Investor GFT at a glance future of digital presentation business Global delivery platform offers cost-efficient solutions for our clients Continental Europe France 60% Germany Americas, UK Italy North America & APAC Spain Canada Switzerland Mexico Poland USA APAC United Kingdom Hong + Pu

6. Slide 6: AI.DA Marketplace Use Case Library

   Shaping the Investor GFT at a glance future of digital presentation business  Visual Inspection  Predictive Maintenance  Customer Service AI.DA  Fraud Detection Marketplace  AI Engineering  Shopfloor Management Use Case  Knowledge Acquisition Library  Manufacturing Analytics  Project Portfo

7. Slide 7: GFT AI Impact – Driving Strong Growth

   Shaping the Investor GFT at a glance future of digital presentation business GFT AI Impact – Driving Strong Growth Generative AI product to improve productivity and accelerate the Software Development Life Cycle (SDLC)  Moving from 10 clients in Q3 to 25 new clients in Q4  From 170 licenses in Q3

8. Slide 8: Gen AI becomes an integral part of the overall GFT offering

   Shaping the Investor GFT at a glance future of digital presentation business We enable our clients to boost their productivity Gen AI becomes an integral part of the overall GFT offering. INNOVATION NEW TECHNOLOGIES CORE BUSINESS EFFICIENT STANDARD SOLUTIONS  Agentic AI Data & AI Platform modernisa

9. Slide 9: GFT achieved guidance with 10% top-line growth in FY 2024

   Shaping the Investor GFT at a glance future of digital presentation business GFT achieved guidance with 10% top-line growth in FY 2024 Q4 2024 HIGHLIGHTS RESULTS 2024 GUIDANCE 2024 New major deals at DKB in Germany and from Sophos in Core Banking Modernisation at Banco Actinver in Mexico REVENUE REV

10. Slide 10: Growth trajectory continues, earnings expectation reflects future investments

    Shaping the Investor Outlook future of digital presentation business Growth trajectory continues, earnings expectation reflects future investments and higher personnel costs RESULTS 2024 GUIDANCE 2025  Solid organic revenue growth  Market recovery expected REVENUE REVENUE e € 871m ~ € 930m  EBIT

11. Slide 11: GFT 5-Year Strategy

    Shaping the future of digital business GFT 5-Year Strategy gft.com 11

12. Slide 12: Major Opportunities Ahead

    Shaping the future of digital business The 18 potential arenas of tomorrow could generate $29 trillion to $48 trillion in revenues and $2 trillion to $6 trillion in profits. 18 potential Revenue, 2040 (CAGR, Profit, arenas of 2022 estimate 2022-40, %) 2040 tomorrow, by estimate,1 2040 revenue $ bill

13. Slide 13: Our Vision and Mission

    Shaping the future of digital business Our To be the best responsible AI-centric digital transformation company in the world. Vision Mission We bring the best responsible AI-centric digital solutions, software development and technology services to every company in the world. gft.com 13

14. Slide 14: KPIs Ambition

    Shaping the future of digital business Revenue Adj. EBIT High Value Smartshore Growth Margin Added Services vs Onsite to to to to ~ €1.5 billion ~ 9.5% ~ 50% ~ 40% KPIs Ambition gft.com 14

15. Slide 15: Strategic Goals & Objectives

    Shaping the future of digital business 01 02 03 04 Fast Learning, Agile Global | Global AI- Democratize Adaptive and Local | Agentic Centric AI to the Innovative Company Technology communities Organization Market Leader Strategic Goals & Objectives gft.com 15

16. Slide 16: Strategic Initiatives and Contribution to KPIs Ambition

    Shaping the future of digital Strategic Initiatives and Contribution to KPIs Ambition business Revenue Adj. EBIT High Value Smartshore Growth Margin Added Services vs Onsite to to to to ~ €1.5 billion ~ 9.5% ~ 50% ~ 40% Transform from Federated to High High High Mid Hyper Efficient Global & Local Co

17. Slide 17: Strategic Initiatives and Contribution to KPIs Ambition

    Shaping the future of digital Strategic Initiatives and Contribution to KPIs Ambition business Revenue Adj. EBIT High Value Smartshore Growth Margin Added Services vs Onsite to to to to ~ €1.5 billion ~ 9.5% ~ 50% ~ 40% Implement Global Business Development Platform: High High High Low Focus on High

18. Slide 18: Taking GFT Brand and Positioning to the Next Level

    Shaping the future of digital Taking GFT Brand and Positioning to the Next Level business From: To: Big enough to deliver, small enough to care Let‘s Go Beyond gft.com 18

19. Slide 19: Mid-term targets 2029

    Shaping the Investor Preliminary figures Outlook future of digital presentation 2024 business Mid-term targets 2029 RESULTS 2024 TARGETS 2029  Continued revenue growth  Organic growth picking up after market recovery REVENUE REVENUE e  Bolt-on acquisitions of high-value-adding services companies

20. Slide 20: Conclusion – Let's Go Beyond

    Shaping the future of digital business Conclusion • We delivered 2024 and we have the core capabilities and differentiation for further growth • There is a major opportunity for GFT as the AI software & services market is expected to grow massively over next years • We have a comprehensive GFT's 5-Y

21. Slide 21: Backup

    Shaping the Investor future of digital presentation business Backup gft.com March 2025 21

22. Slide 22: Solid growth trajectory successfully continued

    Shaping the Investor Backup future of digital presentation business Solid growth trajectory successfully continued in €m 2024 2023 ∆  Revenue growth of 10% Revenue 870.92 788.87 * 10%  Order backlog significantly above previous year (Sophos: €30m) Order backlog 503.12 378.74 ** 33%  Adjusted EBIT

23. Slide 23: Growth driven by all sectors

    Shaping the Investor Backup future of digital presentation business Growth driven by all sectors Well-balanced client portfolio Growth in banking and industry; Largest client with 14% of total revenue insurance sector recovered 14% 870.92 16% 40% 788.87 * +10% 10% 41% 11% 15% +1% 2024 16% versus yea

24. Slide 24: Growth acceleration in Q4 2024

    Shaping the Investor Backup future of digital presentation business Growth acceleration in Q4 2024 Revenue* in €m Adjusted EBIT** in €m 225.38 21.19 21.37 212.39 217.24 215.91 20.33 203.75 18.51 17.23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/24 vs. Q4/23  +11% primarily driven

25. Slide 25: Revenue and earnings by segment

    Shaping the Investor Backup future of digital presentation business Revenue and earnings by segment Revenue in €m 870.92 GFT Group: Adjusted EBIT** in €m GFT Group: 788.87* Organic growth +6% +4% 73.33 77.44 org: 9%/total: 13% 375.73 333.05 31.71 34.19 -7% Continental Europe Americas, UK & APAC org:

26. Slide 26: Revenue by markets

    Shaping the Investor Backup future of digital presentation business Revenue by markets Brazil and almost all European markets continue to drive growth share in % YTD in €m ∆% Brazil* 16% 142.58 18% ↗ 120.76 142.58 Germany 13% 115.63 12% ↗ 103.38 115.63 Spain 12% 101.71 14% ↗ 101.71 89.13 UK 11% 94.0

27. Slide 27: High level of trust reflected by 116 new qualified clients

    Shaping the Investor Backup future of digital presentation business High level of trust reflected by 116 new qualified clients Revenue 2024 2023 2022 2021 2020 2019 < €1.0m 537 436 364 370 344 231 > €1.0m 68 61 55 54 44 51 > €5.0m 21 14 13 12 13 7 > €10.0m 19 22 22 12 7 7 Total 645 533 454 448 408 2

28. Slide 28: Income statement – Robust earnings performance

    Shaping the Investor Backup future of digital presentation business Income statement – Robust earnings performance  Solid organic revenue trend supported by growing in €m 2024 2023 ∆% demand for AI solutions, particularly in the banking Revenue 870.92 788.87* 10% sector Other operating income 28.35

29. Slide 29: Cash flow analysis – Strong operating cash flow

    Shaping the Investor Backup future of digital presentation business Cash flow analysis (€m) – Strong operating cash flow  Net cash down to €-42.53m (31/12/2023: 31/12/2023 2024 31/12/2024 €4.39m) mainly resulting from the Sophos acquisition | undrawn credit lines at €51.20m (31/12/2023: €46.35m) 

30. Slide 30: Balance sheet – Characterised by Sophos acquisition

    Shaping the Investor Backup future of digital presentation business Balance sheet (€m) – Characterised by Sophos acquisition Balance sheet total up by 16% to 652.65 652.65   Equity currency-adjusted up by €652.65m (31/12/2023: €562.52m), €32.12m (+13%); mainly net profit of mainly due to Sophos ac

31. Slide 31: Utilisation normalised

    Shaping the Investor Backup future of digital presentation business Utilisation normalised Employees (FTE) Utilisation* Attrition* 11,304 11,506 10,626 10,772 91.7% 91.4% 91.6% 11.0% 10.7% 89.9% 89.9% 10.3% 9.8% 9.8% 9,134 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/23 Q1/24 Q2/24

32. Slide 32: Additional milestones for 2025

    Shaping the Investor Outlook future of digital presentation business Additional milestones for 2025 RESULTS 2024 MILESTONES 2025  Financial stability and flexibility to be maintained FREE CASHFLOW ADJ.* FREE CASHFLOW ADJ.*  Higher investments to support future growth included € 55.6m ~ € 45m  Wor

33. Slide 33: Results at a glance per quarter

    Shaping the Investor Backup future of digital presentation business Results at a glance per quarter in €m Q1/2023 Q2/2023 Q3/2023 Q4/2023 FY2023 Q1/2024 Q2/2024 Q3/2024 Q4/2024 FY2024 Revenue* 187.69 197.73 199.70 203.75 788.87 212.39 217.24 215.91 225.38 870.92 EBITDA 19.89 20.66 24.94 24.27 89.76

34. Slide 34: Reclassification of sales-related Brazilian taxes

    Shaping the Investor Backup future of digital presentation business Reclassification of sales-related Brazilian taxes  GFT has adapted its method of presenting Brazilian taxes directly associated with revenue. Previously, sales-related Brazilian taxes were reported in the income statement within th

35. Slide 35: 10-year development

    Shaping the Investor Backup future of digital presentation business 10-year development Revenue – 10y CAGR: +12% 871 Adjusted EBIT – 10y CAGR: +10% 789 716 558 77 73 429 440 67 423 419 413 374 54 279 40 41 31 32 30 27 24 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2014 2015 2016 2017 2018

36. Slide 36: GFT AI Impact – Proven results in clients

    Shaping the Investor Backup future of digital presentation business AI.DA MARKETPLACE PRODUCT UPDATE GFT AI Impact Proven results in clients Improvement analysis of traditional SDLC stages versus projects with GFT AI Impact 85% Improvement in time and 50% Faster for creating unit 80% Increase speed

37. Slide 37: The Universal Digital Payments Network

    Shaping the Investor Backup future of digital presentation business The Universal Digital Payments Network UDPN is the payment infrastructure for the KEY FEATURES future of finance Supports regulated fiat-backed stablecoins and CBDCs (Central Bank Digital Currency) Leverages DLT to drive efficiency

38. Slide 38: Sophos M&A – GFT among TOP3 providers across LATAM

    Shaping the Investor Backup future of digital presentation business Sophos M&A – GFT among TOP3 providers across LATAM With Sophos Solutions, GFT NEW OFFICE LOCATIONS advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability. US

39. Slide 39: 35+ years of strategic expansion

    Shaping the Investor Backup future of digital presentation business 35+ years of strategic expansion GLOBALISATION 1987 founded by Ulrich Dietz 1997 Switzerland Italy Canada, Costa Rica Hong Kong Vietnam Chile and Poland Singapore Colombia 2001 Spain and UK India 2005 Brazil Panama 2008 USA 2017 IND

40. Slide 40: Recognition for sustainability

    Shaping the Investor Backup future of digital presentation business Recognition for sustainability Measurable Recognitions Our goals ESG performance & commitments B 2019 signed Sustainability C UN Global Compact by design We drive new solutions C and services to support sustainability aspects like C

41. Slide 41: Shaping the future of digital business

    Shaping the future of digital business Marco Santos Dr Jochen Ruetz Andreas Herzog Nicole Schüttforth Global CEO CFO & Deputy CEO Head of IR/CSR Senior IR Manager T +49 711 62042-429 T +49 711 62042-422 T +49 711 62042-323 T +49 711 62042-387 marco.santos@gft.com jochen.ruetz@gft.com andreas.herzog@

GFT Technologies — Investor Presentation (March 2025) on 6ix