Slide 1: INVL Technology 12 months of 2018
INVL TECHNOLOGY 12 months of 2018 8 March 2019
Slide 2: Preliminary Key Figures
INVL TECHNOLOGY PRELIMINARY KEY FIGURES
Slide 3: Key figures of INVL Technology, thous. EUR
KEY FIGURES OF INVL TECHNOLOGY, THOUS. EUR 12 months of 2017 12 months of 2018 Change in the fair value of financial assets 4,112 3,512 Profit (loss) before taxes 4,084 4,304 Net profit (loss) 4,084 4,304 31.12.2017 31.12.2018 Financial assets value 20,808 24,320 Cash and Cash equivalents 5,030 2,23
Slide 4: Financial assets, thous. EUR
FINANCIAL ASSETS, THOUS. EUR COMPANY 31.12.2017 31.12.2018 NRD Companies (includes Etronika UAB, NRD Systems UAB, 3,624 5,458 Norway Registers Development AS and others) Novian UAB (includes Novian as well as BAIP UAB and Acena 7,497 7,588 UAB) Algoritmų sistemos UAB 3,821 4,078 Andmevara (includes
Slide 5: Structure of the portfolio companies of INVL Technology
STRUCTURE OF THE PORTFOLIO COMPANIES OF INVL TECHNOLOGY *Currently NRD Companies is undergoing reorganisation. NRD Companies AS will become the managing company of the group and Norway Registers Development AS will become a consulting company.
Slide 6: Business development strategy
BUSINESS DEVELOPMENT STRATEGY • CONSOLIDATION. NRD Companies, Novian. • INOVATIONS. Productization, strengthening intellectual capital: • NRD Companies. Productization of services, shifting to stacks, products for financial and regulatory areas. • Productization of NRD Cyber Security services. • AKT
Slide 7: Changes in the structure of the portfolio companies
CHANGES IN THE STRUCTURE OF THE PORTFOLIO COMPANIES 3 groups of companies are being formed: NRD Companies, Novian and a cyber security company. • In 2018, AS Andmevara has been reorganized by separating activities and demerged into two companies: Andmevara AS and Andmevara Services OÜ. • NRD group i
Slide 8: Changes in management of the companies
CHANGES IN MANAGEMENT OF THE COMPANIES • Since January 2018 the CEO of Andmevara AS is Mr Giedrius Cvilikas. • After reorganisation, General Manager of BAIP Gytis Umantas has been appointed as the CEO of Andmevara Services OÜ. • In January 2019, Mr Mindaugas Glodas became the new managing director a
Slide 9: Managed Companies
MANAGED COMPANIES PRELIMINARY KEY FIGURES
Slide 10: Results of INVL Technology portfolio companies for 12 months of 2018
THE RESULTS OF INVL TECHNOLOGY PORTFOLIO COMPANIES FOR 12 MONTHS OF 2018 NRD COMPANIES ETRONIKA1 NRD SYSTEMS1 ANDMEVARA2 2017 2018 2017 2018 2017 2018 2017 2018 Revenue 7,232 7,122 1,667 1,880 2,020 2,373 1,092 1,523 EBITDA 557 609 294 214 134 72 (271) 31 Net Profit (Loss) 397 373 248 140 71 1 (292)
Slide 11: Project geography of INVL Technology's businesses
PROJECT GEOGRAPHY OF INVL TECHNOLOGY’S BUSINESSES In 2018, INVL Technology companies carried out projects in 23 countries, of which 7 were for the first time.
Slide 12: INVL Technology companies news
INVL TECHNOLOGY COMPANIES NEWS TAX SYSTEMS MODERNIZATION: • NRD Systems continued i.SAF-T subsystem implementation project with the State Tax Inspectorate of Lithuania. • NRD Systems in joint venture NFQ Technologies signed a contract with Lithuanian State Tax Inspectorate and started developing the
Slide 13: INVL Technology companies news
INVL TECHNOLOGY COMPANIES NEWS • On 26th June, Norway Registers Development AS, NRD CS and Algoritmų sistemos signed an agreement with Bangladesh Computer Council to start a 12-month cyber security capacity building project. The companies are assisting Bangladesh in reviewing its national cyber secu
Slide 14: INVL Technology companies news
INVL TECHNOLOGY COMPANIES NEWS • NRD CS became one of the seven partners of the Global Cyber Security Capacity Center at the University of Oxford for deploying Cybersecurity Capacity Maturity Model for Nations (CMM). • NRD CS and Oxford scholars have already cooperated on cyber security maturity eva
Slide 15: INVL Technology plans
INVL TECHNOLOGY PLANS PRIORITIES FOR 2019 • We will continue to form 3 groups of companies: NRD Companies, Novian and a cyber security company; • NRD Companies will give priority to modernization of national systems and development of financial technology products; • Novian group – to consolidation
Slide 16: Important information for closed-end investment company (UTIB) INVL Technology
IMPORTANT INFORMATION FOR CLOSED-END INVESTMENT COMPANY (UTIB) INVL TECHNOLOGY - Investments in the shares of closed-end investment companies (hereinafter “UTIB”) are associated with investment risk. The value of a company’s shares can both rise and fall, and you may recover less than you invested o
Slide 17: Thank you
INL THANK YOU