Zagreb Stock Exchange · ZSE:ZB
Zagreb Stock Exchange — Investor Presentation (February 2024)
27 slides from Zagreb Stock Exchange's investor presentation, February 2024
Slide 1: Investor Presentation February 2024
INVESTOR PRESENTATION February, 2024
Slide 2: Operating and financial highlights
Operating and financial highlights Financial performance (consolidated) Equity turnover – EUR mil. EUR 000 1-4Q 2022 1-4Q 2023 change Operating revenue 227 267 +17.5% 1-4Q 2022 3,746 EBITDA Bond turnover – EUR mil. 1-4Q 2022 1-4Q 2023 change 1-4Q 2022 1-4Q 2023 change 1-4Q 2023 3,605 444 300 -32.4%
Slide 3: Contents
Contents 4 Key Events 5 About ZSE 8 Trading 11 ZSE Indices 16 Ljubljana Stock 18 Projects 22 Financial 25 Share Group activity results statistics Exchage 3
Slide 4: Key Events
Key Events Oct-22 Nov-22 Dec-22 Jan-23 Mar-23 Apr-23 May-23 Jun-23 Sep-23 Oct-23 Nov-23 Dec-23 ZSE initiated ZSE & LJSE First day of ZSE ZSE & LJSE Winter Listing of ZSE & LJSE Winter the Own Edition Zagreb trading in Financial Tourism „Challenge Edition state bonds Founding of „CEE Approval of Shar
Slide 5: About Zagreb Stock Exchange
About Zagreb Stock Exchange Management Board Office and IR Progress Market • Founded in 1991, Zagreb Stock Exchange is the operator of the IT Division The regulated market in the Republic of IT and Business Regulated Development Croatia. Business Market and Development Progress SME GM • ZSE shares h
Slide 6: Ownership Structure
Ownership Structure ZSE Ownership structure as of 31 December 2023 9,99% RR ONE CAPITAL D.O.O. FINA 31,60% 9,99% PBZ CO OMF • As of December 31st, 2023, ZSE had INTERKAPITAL D.D. 195 shareholders. BAKTUN, LLC • As of December 31st, 2023, ZSE 9,98% EBRD owns a total of 8,369 of own shares INSPIRIO ZA
Slide 7: Zagreb Stock Exchange Group
Zagreb Stock Exchange Group Legal Affairs Market Operations • ZSE holds a 33.33% stake in SEE Link, a regional trading platform. Supervisory Board Market Operations • ZSE holds a 30% stake in Funderbeam South East Europe – a crowdfunding IT platform for start-ups. Management Board Management Board C
Slide 8: Trading activity
Trading activity Total turnover 2022/2023 1-4Q 2022 1-4Q 2023 change EUR 1-4Q 2023 Trading Days 246 249 +1.2% 371 -5% HRK 1-4Q 2022 EUR 1-4Q 2022 EUR 1-4Q 2023 change TOTAL TURNOVER 2,959,101,182 392,740,219 371,787,359 -5.34% EUR 1-4Q 2022 Orderbook turnover 1,915,146,797 254,183,661 322,392,362 26
Slide 9: Trading activity
Trading activity Orderbook turnover and volume 40 34 37 33 55 60 Top 5 shares by turnover – 1-4Q 2023 35 31 50 30 27 28 28 25 26 23 23 35 40 25 21 21 21 21 22 EUR mil. 20 19 mil. 20 18 18 30 17 13 15 1. PODRAVKA D.D. (PODR) 15 17 12 20 10 9 9 • 44.022.68 € 7 8 6 7 3 5 4 5 5 3 3,6 10 5 1 2 0,9 2 1,5
Slide 10: Trading activity: market capitalization
Trading activity Market capitalization per sector Market capitalization and number of listed shares 12 66 70 K Financial and insurance activities 61 10 60 CD Manufacture of coke, and refined 50 3,82% petroleum products Number of shares 8 4,00% EUR billion 40 4,69% I Accommodation and food service 6
Slide 11: Indices
Indices - values (31.12.2022. vs. 31.12.2023.) Indices 0,00 500,00 1.000,00 1.500,00 2.000,00 2.500,00 3.000,00 3.500,00 4.000,00 4.500,00 1.979,88 CROBEX 2.533,92 27,98% 1.415,96 CROBEXtr 1.881,34 32,87% • The fourth quarter of 2023 continues a 1.156,15 CROBEX10 1.548,60 33,94% stable trend among i
Slide 12: CROBEX and CROBEXtr turnover and value
Turnover in EUR Thousands Turnover in EUR Thousands 0 0 1.000 2.000 3.000 5.000 6.000 1.000 2.000 3.000 4.000 5.000 6.000 4.000 2022-01-01 2022-01-01 2022-02-01 2022-02-01 2022-03-01 2022-03-01 2022-04-01 2022-04-01 2022-05-01 2022-05-01 2022-06-01 2022-06-01 2022-07-01 2022-07-01 2022-08-01 2022-08
Slide 13: CROBEXprime and CROBEXindustrija
Turnover EUR Thousands Turnover in EUR Thousands 0 100 200 300 500 600 700 800 900 400 0 1.000 2.000 3.000 4.000 5.000 6.000 2022-01-01 2022-01-01 2022-02-01 2022-02-01 2022-03-01 2022-03-01 2022-04-01 2022-04-01 2022-05-01 2022-05-01 2022-06-01 2022-06-01 2022-07-01 2022-07-01 2022-08-01 2022-08-01
Slide 14: CROBEXturist and CROBEXtransport
Turnover in EUR Thousands Turnover in EUR Thousands 0 100 200 300 400 500 600 700 800 900 0 500 1.000 1.500 2.000 2.500 3.000 3.500 2022-01-01 2022-01-01 2022-02-01 2022-02-01 2022-03-01 2022-03-01 2022-04-01 2022-04-01 2022-05-01 2022-05-01 2022-06-01 2022-06-01 2022-07-01 2022-07-01 2022-08-01 202
Slide 15: Bond indices
Turnover in EUR Thousands 0 10.000 20.000 30.000 50.000 60.000 70.000 40.000 2022-01-01 2022-02-01 2022-03-01 2022-04-01 2022-05-01 2022-06-01 2022-07-01 2022-08-01 2022-09-01 2022-10-01 Bond indices 2022-11-01 Turnover 2022-12-01 Source: ZSE website 2023-01-01 CROBIS 2023-02-01 2023-03-01 2023-04-0
Slide 16: Ljubljana Stock Exchange – trading overview
Ljubljana Stock Exchange – trading overview 1-4Q 2022 1-4Q 2023 change 31.12. 2022. 31.12. 2023. change TOTAL TURNOVER 101.707.903 92.879.690 -8,7% Equity market capitalization 7.631.969.389 9.158.660.695 20,0% Orderbook turnover 72.042.990 73.450.138 2,0% SBITOP value 1.046,13 1.253,41 19,8% Shares
Slide 17: Ljubljana Stock Exchange - indices
EUR Thousands 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 9.000 0 2022-01-01 2022-02-01 2022-03-01 2022-04-01 2022-05-01 2022-06-01 2022-07-01 2022-08-01 2022-09-01 2022-10-01 2022-11-01 Turnover 2022-12-01 2023-01-01 SBITOP 2023-02-01 2023-03-01 2023-04-01 Last Value 2023-05-01 2023-06-01 2023-
Slide 18: Projects: Progress Market
Adria Digital Projects Progress Market SEE Link Funderbeam SEE Exchange Issuers Growth financing • Advisors are licensed companies with knowledge • Registered in 2019., Progress is and experience in financial, one of first SME growth markets business and investment in Europe Escont Partners manageme
Slide 19: Projects: SEE Link
Adria Digital Projects Progress Market SEE Link Funderbeam SEE Exchange • SEELinX and SEELinX EWI indices, composed of the 18 most actively traded regional companies listed on seven participating exchanges. • SEELinX index is a market capitalization weighted index adjusted for the free-float of each
Slide 20: Projects: Funderbeam SEE
Adria Digital Projects Progress Market SEE Link Funderbeam SEE Exchange • Founded in 2016, Funderbeam SEE represents a crowdfunding In 2023, Funderbeam SEE platform for start-ups, which hosted a enables trading in investment campaign for units immediately after the initial Croatian start-up investme
Slide 21: Projects: Adria Digital Exchange
Adria Digital Projects Progress Market SEE Link Funderbeam SEE Exchange • In 2023, Zagreb Stock Exchange started an R&D project in partnership with Digital Assembly. • Adria Digital Exchange was founded in May 2023, with the goal of detailed detailed research and development of potential for trading
Slide 22: Financial Results (Unconsolidated)
Financial Results (Unconsolidated) Key Financial Indicators 2.500 2.035 2.017 EUR 1-4Q 2022 1-4Q 2023 change 2.000 Operating revenue 2,035,862 2,017,744 -0.9% Sales revenue 1,363,284 1,299,319 -4.7% 1.500 EUR 000 Other operating income 672,578 718,425 6.8% Operating expenses 1,980,574 2,051,464 3.6%
Slide 23: Financial Results (Consolidated)
Financial Results (Consolidated) Key Financial Indicators 4.000 3.746 3.500 EUR 1-4Q 2022 1-4Q 2023 change 3.000 Operating revenue 3,746,637 3,605,179 -3.8% 2.500 Sales revenue 2,515,221 2,267,189 -9.9% EUR 000 Other operating income 1,231,416 1,337,990 8.7% 2.000 1.605 Operating expenses 3,556,608
Slide 24: Balance Sheet Structure
Balance Sheet Structure Unconsolidated Consolidated Assets Assets 31.12.2023. 66,5% 33,1% 0,4% 31.12.2023. 45,3% 53,4% 1,2% 31.12.2022. 68,3% 31,3% 0,4% 31.12.2022. 47,3% 51,2% 1,4% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Fixed assets Current assets Pr
Slide 25: Share statistics - 2023
Share statistics - 2023 ZB Turnover and Share Price in 2023 9.000,00 5,00 8.000,00 4,50 4,00 Symbol ZB 7.000,00 ISIN HRZB00RA0003 3,50 6.000,00 Shares outstanding 2,317,850 Share Price (EUR) 3,00 Turnover (EUR) Segment Official Market 5.000,00 First trading day 31.08.2016. 2,50 4.000,00 Market Cap 6
Slide 26: Useful links
Useful links MACEDONIAN Zagreb Stock STOCK Exchange EXCHANGE Events 26
Slide 27: Thank you!
Thank you! Zagreb Stock Exchange Investor Relations ir@zse.hr tel: +38514686806 27
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