Doxee S.p.a. · MIL:DOX
Doxee — Investor Day (April 2021)
20 slides from Doxee's investor day presentation, Apr 2, 2021
Slide 1: Smart Tech Investor Day
Smart Tech Investor Day Sergio Muratori Casali CEO Modena April 2 nd, 2021
Slide 2: We enable companies to create innovative and digital customer-facing communications
We enable companies to create innovative and digital customer-facing communications 09/04/21 Investors Presentation 2
Slide 3: Overview
Overview April 2 nd, 2021 IRTOP Smart Tech Investor Day
Slide 4: What we do
What we do Managing the digital transformation Doxee Platform® document experience (dx): Digital productuon, distribution, and digital archiving of documents Data processing paperless experience (px): electronic invoicing, long-term digital Company Consumers preservation, and Data Companies electron
Slide 5: Doxee at a Glance 2020
Doxee at a Glance 2020 Transforming data into relationships • Doxee is an hi-tech company and a leading provider of products for Customer 2001 +14% > 25% +13% Communications on average of VoP Revenues Ebitda Margin Management (CCM), Digital Founded invested in R&D CAGR 2018-2020 Customer Experience
Slide 6: Doxee Technological Innovation
Doxee Technological Innovation A key element to insure technological excellence R&D INVESTMENTS MARKET VALIDATION Percentage of value of production per year Several international IT analysts include Doxee in their reports, recommending the 13% Doxee invested in R&D for more than 10 years company as
Slide 7: Doxee Client Base
Doxee Client Base Enterprise Customer REVENUES BY INDUSTRIES TELCO & MEDIA UTILITIES 1% 2% 3% 7% Telco & Media Utilities 8% Financial Services 40% IT Services BANKING AND INSURANCE PUBLIC ADMINISTRATIONS Other Industries Public Sector Automotive 39% 200+ Client worldwide 3 years The minimum contract
Slide 8: Financial Highlights
Financial Highlights April 2 nd, 2021 IRTOP Smart Tech Investor Day
Slide 9: Key Financials
Key Financials FY 2020 Revenues reached €17.8 mln in 2020 (+14% CAGR 2018/20), mainly thanks to: €22.8 mln 1) development of ix product €17.7 mln €2.9mln €3.4mln +9% YoY line +14.3% YoY +29.9% YoY +19% YoY 2) acquisition of new customer thanks to the introduction of e- invoicing in SME/SMB market 3)
Slide 10: Revenue Breakdown
Revenue Breakdown PRODUCT LINE GROWTH FY 2020 CAGR 34% CAGR 20% CAGR 120% DOXEE REVENUES (€/mln) 17,7 3,1 15,5 13,7 2,0 2,4 2018 2019 2020 px +14,6% FY19-20 dx +83,7% dx FY19-20 ix +21,6% FY19-20 BY PRODUCT LINES BY GEOGRAPHICAL AREA BY BUSINESS MODEL 5% 6% 2% Document Experience 18% 20% 4% Paperles
Slide 11: EBITDA Bridge
EBITDA Bridge FY 2020 DOXEE EBITDA BRIDGE (€/mln) EBITDA Sales Other Direct Indirect Capex EBITDA 2019 Revenues Revenues Costs Costs 2020 April 2 nd, 2021 IRTOP Smart Tech Investor Day
Slide 12: Financial Highlights
Financial Highlights 1. FY 2020 2020 Revenues amounted to €17.7mn: the most significant product lines in term of growth were Interactive Experience (€3.3mn in 2020) with a CAGR 2018-20 of 120% and Paperless Experience (€3.6mn in 2020) with a CAGR 2018-20 of 34%. Document Experience, after a decrease
Slide 13: Investments
Investments R&D MARKETING FY 2018-2020 RESEARCH 4,00 0,60 Doxee makes significant investments every year for the internal development of +23% the most advanced technologies in the reference markets. In 2020, investments +19% 3,00 0,45 +29% in R&D amounted to € 13.8 million, equal to 14.9% of the pro
Slide 14: Growth Strategy
Growth Strategy April 2 nd, 2021 IRTOP Smart Tech Investor Day
Slide 15: Innovation & Digital Business Acceleration
Innovation & Digital Business Acceleration What awaits us after the Pandemic NEW COMMUNICATION MODELS TECHNOLOGY INVESTMENTS AND AI > New frontiers are opening up in many industries and fields: > Cloud offering, architectural models with microservices and telemedicine, hybrid workplace, new culture
Slide 16: Double-digit growth for Doxee's key markets
Double-digit growth for Doxee’s key markets Doxee reference markets CCM REG-TECH DCX (Customer Communication Management) (E-Invoicing, Digital Preservation, E-Procurement) (Digital Customer Experience) $/bn $/bn $/bn 11.3% 37.3% 20,5 11.8% 14,9 CAGR CAGR CAGR 8,5 3,2 1,5 4,2 2020 2021 2022 2023 2024
Slide 17: Growth Strategy
Growth Strategy Doxee’s goals for the future CONSOLIDATION OF POSITION ENTRY INTO NEW SECTORS INTERNATIONALIZATION IN EXISTING MARKETS AND MARKETS Technological development of a Market entry in Europe (DACH) in Consolidate position as a standard paperless product aimed at the Digital Experience Sect
Slide 18: Sustainability
Sustainability April 2 nd, 2021 IRTOP Smart Tech Investor Day
Slide 19: Doxee Sustainability Report 2020
Doxee Sustainability Report 2020 KPIs MANAGEMENT & CERTIFICATION SYSTEMS ECONOMIC VALUE • Organizational Model 231 • Distributed Economic Value • Quality Management System – ISO 9001 17.8 € mln • Environmental Management System- ISO 14001 (+8% yoy) • Information Security Management System- ISO/IEC 2
Slide 20: Sergio Muratori Casali, CEO
Sergio Muratori Casali, CEO investor.relations@doxee.com Doxee Spa Viale Virgilio 48/B 41123 Modena - Italy doxee.com