Gigas Hosting Sa · BME:GIGA
Gigas Hosting Sa — H1 2022 Earnings Presentation
16 slides from Gigas Hosting Sa's earnings presentation, Oct 20, 2022
Slide 1: Webinar Presentación Resultados Financieros H1 2022
OTRA INFORMACION RELEVANTE gigas WEBINAR PRESENTACION RESULTADOS FINANCIEROS H1 2022 GIGAS HOSTING, S.A. 20 de octubre de 2022 En virtud de lo previsto en el articulo 17 del Reglamento (UE) n° 596/2014 sobre abuso de mercado y en el articulo 227 del texto refundido de la Ley del Mercado de Valores,
Slide 2: Diego Cabezudo, CEO and Javier Cañete, CFO
Diego Cabezudo Javier Cañete CEO CFO
Slide 3: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gig: the “Company” or the “Gigas Group"). This Information ma
Slide 4: H1 2022 Key Highlights
H1 2022 Key Highlights H1’22 net revenues reached €30.2M, 32.9% up YoY (€22.7M), due mainly to cloud growth and consolidation of MVNO acquired in Sept. 2021 Gross margin of €18.2M and 60.2% in H1 2022, 33.2% higher than €13.6M from same period last year. Margin perc. 3pp above budget (57.2%) Adj. EB
Slide 5: New products and services launched
Fibra Flexible: pay as you go, €1c per 100Mbps per hour Private Cloud Connect: Direct private fiber connection from your office to the Gigas cloud gBackup: New backup services launched, including workstation backups and antiransomware inmutable backups Cloud PBX: Unified fixed mobile voice c
Slide 6: Revenues H1 2022
Revenues H1 2022 ° Net revenues grew to €30.18M in the first semester, 32.9% higher than the €22.72M from same period last year, due mainly to the consolidation of MVNO Onmovil acquired in September 2021 and cloud growth, although slightly below budget (3.5% lower) * Telecommunications services repr
Slide 7: Gross Margin and EBITDA H1
Gross Margin and EBITDA H1 ° Gross Margin of €18.18M in H1’22, 33.2% better than the €13.65M of H1’21 ° Adjusted EBITDA reached €7.09M (before M&A costs and long term remuneration plans and other extraordinary), 28.4% higher than first half last year (€5.52M) ° EBITDA margin was 23.5% over Revenues,
Slide 8: Consolidated Results
GIGAS CONSOLIDATED RESULTS REAL REAL REAL REAL REAL BUDGET 2022 Figures in euros Q1 22 Q2 22 H1 22 % Var H1 21 % Var H1 22B Net Revenues 14,760,883 15,423,006 30,183,889 32.9% 22,717,625 -3.5% 31,285,530 Cloud, IT & Cybersecurity Services 4,557,357 5,038,165 9,595,523 24.8% 7,689,550 5.8% 9,065,501
Slide 9: Consolidated P&L
CONSOLIDATED P&L 2022 Figures in euros JAN-JUN Net Revenues 30,183,889 • Cloud, IT & Cybersecurity Services 9,595,523 Telecommunications Services 20,565,373 Extraodinary Income, Subsidies and Others 22,993 Cost of Sales (12,006,775) Direct Product Costs (11,038,901) Operations and Technical costs (9
Slide 10: Assets
ASSETS 30/06/2022 31/12/2021 • NON.CURRENT ASSETS 108,394,104 111,537,008 Intangible assets 79,826,388 85,308,584 Dev elopment 443,333 476,816 Licenses, patents 3,070,006 3,249,159 Software 1,185,253 1,282,611 Other Intangible Assets 20,409,238 20,411,002 Customer Relations 23,422,282 26,744,780 • G
Slide 11: Equity and Liabilities
EQUITY AND LIABILITIES 30/06/2022 31/12/2021 • EQUITY 40,988,854 44,709,747 Shareolders Equity 41,145,572 44,944,676 Capital 232,887 232,887 Share Premium 54,325,581 54,325,581 Reserves -900,448 -900,389 Treasury shares -443,965 -176,397 Prior year Losses -9,578,698 -4,616,093 Profit and Loss for th
Slide 12: Capex to Sales (excl. M&A)
• • Figures in Thousands of Euros Capex to Sales (excl. M&A)
Slide 13: Net Financial Debt and Debt Maturity
• • • • Net Financial Debt Debt Maturity 12
Slide 14: 2022 Budget and End of Year Guidance
vy 2022 Budget and End of Year Guidance * The Company estimates revenues between €61M and €62M for the end of the year (lower than budgeted), including the contribution from recently acquired TPartner * The Company expects to end the year with over €15M in adj. EBITDA, higher than the €14.6M budgete
Slide 15: Share Evolution
Share Evolution Share price ended at €10.75 in 2021 and it has been influenced during 2022 by high market volatility and market consolidation trends Share Price closed at €10.30 yesterday, below the price at start of the year but still a significant premium (64.8%) since last capital increase in Q4’
Slide 16: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com — gigas