Invisio Ab · OMXSTO:IVSO
Invisio Ab — Q2 2021 Earnings Presentation
17 slides from Invisio Ab's earnings presentation, Jul 22, 2021
Slide 1: Protection at work, a better life at home
Protection at work, a better life at home Investor Conference Call July 22, 2021 | Interim Report January – June 2021 CEO Lars Højgård Hansen
Slide 2: Launch of new technology platform. Gradually more active market.
Launch of new technology platform. Gradually more active market. 2
Slide 3: Financial result Q2, 2021
Financial result Q2, 2021 2021 2020 2021 2020 2020 • Revenues increased by 25 % YoY and SEK in millions Q2 Q2 ∆% Jan-Jun Jan-Jun ∆% Full year amounted to SEK 154.3 million (123.6) in Q2 Revenue 154.3 123.6 25 298.1 240.4 24 532.0 2021. Gros s profi t 89.6 79.9 12 172.2 147.1 17 309.0 • In comparable
Slide 4: Depreciation/amortization in Q2 2021
Depreciation/amortization in Q2 2021 2021 2020 2021 2020 2020 SEK in millions Q2 Q2 Jan-Jun Jan-Jun Full year Depreci a ti on of ca pi ta l i zed devel opment cos ts 4.7 0.7 9.2 1.7 6.4 Amorti za ti on of Other i nta ngi bl e a s s ets * 3.1 - 5.2 - - Amorti za ti on of Ri ght of us e a s s ets , l
Slide 5: The long-term development in sales and EBITDA margin
The long-term development in sales and EBITDA margin Sales per quarter and rolling 12 months EBITDA per quarter (SEK million) and (SEK million) EBITDA margin rolling 12 months (per cent) 250 700 80 30% 600 25% 200 60 500 20% 150 400 40 15% 100 300 200 10% 50 20 100 5% 0 0 0 0% Q2 2021 Q2 2020 Q2 201
Slide 6: The new technology platform means a paradigm shift from hardware to software with AI technology
The new technology platform means a paradigm shift from hardware to software with AI technology 6
Slide 7: Maximum degree of flexibility when developing customized solutions and updating
Maximum degree of flexibility when developing customized solutions and updating Mission Adaptive Fully adaptive to surrounding audio and noise through intelligent processing. Market Leading Hearing Protection Increased protection levels and option of double hearing protection for high-noise environm
Slide 8: INVISIO Personal System / IntelliCable / Intercom System
INVISIO Personal System Modular and Scalable Adaptable It is not necessary to change a INVISIO solutions are versatile, scalable and cost- whole system in order to tailor effective. Equipment and systems are not restricted a solution to a specific need or unit. to serving one team but can be used ac
Slide 9: INVISIO received an order worth SEK 40 million from an existing US DoD customer
INVISIO received an order worth SEK 40 million from an existing customer in the US Department of Defense 9
Slide 10: The Swedish Police Authority extended its framework agreements for another year
The Swedish Police Authority extended its framework agreements from 2019 for another year 10
Slide 11: Focus areas
Focus areas Continued Intensify market penetration Full focus on LE and security, Continue to address integration of further by our own organization and selected countries in Asia, Racal Acoustics our global network of the Middle East and South distribution partners America 11
Slide 12: Increasingly attractive market conditions and strengthened offer
Increasingly attractive market conditions along with a broadened and strengthened offer mean that INVISIO has good prospects of continuing good development. 12
Slide 13: Questions and answers
Questions and answers INVISIO*
Slide 14: Appendix
Appendix INVISIO
Slide 15: Condensed consolidated income statement and statement of comprehensive income
Condensed consolidated income statement and consolidated statement of comprehensive income 2021 2020 2021 2020 2020 SEK in millions Note Q2 Q2 Jan-Jun Jan-Jun Full year Revenue 2 154.3 123.6 298.1 240.4 532.0 Cos t of goods s ol d -64.8 -43.7 -125.9 -93.3 -222.9 Gross profit 89.6 79.9 172.2 147.1 30
Slide 16: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position SEK in millions Assets Note 30/06/2021 30/06/2020 31/12/2020 Goodwi l l 5 57.5 - - Ca pi ta l i zed devel opment cos ts 3 95.9 95.4 94.8 Other i nta ngi bl e a s s ets 3, 5 92.1 - - Equi pment 3 18.5 2.9 4.1 Ri ght-of-us e a s s ets , l ea s es
Slide 17: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow 2021 2020 2021 2020 2020 SEK in millions Note Q2 Q2 Jan-Jun Jan-Jun Full year Opera ti ng a cti vi ti es Profi t/l os s before ta x 13.0 24.0 23.8 37.9 84.9 Adjus tments for non-ca s h i tems 12.0 6.1 24.4 7.6 24.0 Income ta x pa i d -1.2 -0.5 -2.2 -1.1