Siili Solutions Oy · OMXHEX:SIILI
Siili Solutions Oy — FY2024 Earnings Presentation
25 slides from Siili Solutions Oy's earnings presentation, 2025
Slide 1: Results release 2024
Siili Solutions Plc Results release 2024: Successful launch of the new data and AI focused strategy, profitability affected by declined revenue 1
Slide 2: Our key messages today
(Za Our key messages today ~ > @) a 20 years of Growth Focused Strategy Profitability and Execution Value Creation Strong track record of Leveraging core strengths Clear initiatives to enhance international expansion and to drive transformation operational efficiency and resilient client relationshi
Slide 3: Siili is impact-driven and AI-powered partner for creating competitive advantage
Siili is impact-driven and AI-powered partner for creating competitive advantage
Slide 4: Strong client base & proactive competence development
Strong client base & proactive competence development are key to success in growth 2024 revenue by customer acquisition year 89% 3/4 of revenue from customers over 5 years with Siili (a ‘Sources: Sil management reporting >2yrs @ <2yrs Subcontractors 2024 > 1,000 FTE Own consultants Wide range of com
Slide 5: Make AI Real
WANG = Al REAL
Slide 6: MAKE AI REAL
MAKE Al REAL Siili is aiming to become Al transformation leader by making Al practical and impactful reality
Slide 7: Siili's strategy PRIVEE
Siili’s strategy PRIVEE MAKE Al REAL Ares (2) (3) Community of top talent Significant growth in Data and Al business Pioneer in Al-powered development We ensure solid financial foundation and growth TARGET CUSTOMERS KEY MARKETS FOCUS INDUSTRIES Large and medium-high digital maturity org Finland, UK,
Slide 8: Gen AI solution examples
How to make the procurement How to make R&D work more How to improve the efficiency process user friendly? efficient? of Digital Development? A Gen AI Powered way to suggest A Gen AI solution for quickly accessing Transforming the Digital Development procurement objects from a catalog, R&D backgroun
Slide 9: 2024 highlights
2024 highlights 9
Slide 10: 2024 highlights
A significant new Siili chosen to New strategy customer in the develop the HUS’s placing data and AI German automotive eHealth services at its core industry Strengthening Agreement to 10th place in the Siili’s data and AI purchase a majority Young Professional competence stake of Integrations Group
Slide 11: Key figures 2024
112 M€ (2024) 5.4 M€ (2024) 29% (2024) -9 % vs 2023 Adj. EBITA % 4.8 (27% in 2023) (7.1% in 2023) 11
Slide 12: Further actions announced today
Further actions announced today • Change negotiation process initiated in parts of Siili Finland and Siili Auto’s Finnish organization • Aligning Siili’s operations with the new strategy and market demand • Targeted annual cost savings of EUR 2.7 million 12
Slide 13: Make profitability real
Make profitability real Q2 2024 1 Current state analysis Culture development program Promoting collaboration across the group Building the foundation 2 Business model analysis Financial modelling for different business areas Cost analysis Identifying areas for biggest profitability impact Q3-Q4 2024
Slide 14: Q4 2024 Financials
Q4 2024 Financials 14
Slide 15: Group revenue
Revenue growth H2 Siili group revenue (MEUR) H1-H2 / 2016 - 2024 70 -8.2% -8.2% 60 57,4 Total Organic 52,7 50 40 • Revenue 52.7 MEUR 30 20 • Revenue decrease continued on H2 10 0 H1 2016 H2 2016 H1 2017 H2 2017 H1 2018 H2 2018 H1 2019 H2 2019 H1 2020 H2 2020 H1 2021 H2 2021 H1 2022 H2 2022 H1 2023 H
Slide 16: International revenue
International revenue (MEUR) and % of group revenue H1-H2 / 2016 - 2024 18 35% 15,9 15,9 16 30% International revenue H2 14 27,7 % 30,2 % 25% 0% 30.2% 12 Growth Share of group 10 20% 8 15% • Revenue H2 15.9 MEUR 6 10% • Revenue 2024 total 32.5 MEUR 4 5% • International revenue share ca. 29% 2 • Reve
Slide 17: Adjusted EBITA
Adj. EBITA H2 Siili Group Adj. EBITA (MEUR) and Adj. EBITA % H1-H2 / 2016 - 2024 7,0 12% 4.0% -2.5 pp 6,0 10% Ebita margin Margin change 5,0 6,5 % 8% 4,0 • Adjusted EBITA 2.1 MEUR 6% 3,0 3,7 4,0 % 4% 2,0 2,1 • Adjusted EBITA margin 4.0% 1,0 2% • Lower profitability across the group 0,0 0% H1 2023 H1
Slide 18: Personnel and subcontractor development
Personnel and subcontractor development H1-H2 / 2016 - 2024 1400 1200 135 1000 130 800 600 1007 942 400 200 0 H2 2021 H1 2016 H2 2016 H1 2017 H2 2017 H1 2018 H2 2018 H1 2019 H2 2019 H1 2020 H2 2020 H1 2021 H1 2022 H2 2022 H1 2023 H2 2023 H1 2024 H2 2024 Headcount end of period Subcontractor FTE end
Slide 19: Siili Group key figures
Siili Group key figures 2024 2023 Cash and cash equivalents 20.3 29 Net debt / EBITDA, X* -0.13x 0.30x Equity Ratio % 49.7% 42.6% ROI % 7.2% 10.7% Gearing %* -2.5% 8.7% EPS, EUR 0.43 0.61 Board dividend proposal *) including contingent 0.18 EUR / share (0.26) consideration related to acquisitions an
Slide 20: Going forward
Going forward 20
Slide 21: Siili's two priorities in 2025: Scale up AI and Improve profitability
Siili’s two priorities in 2025: Scale up Al and Improve profitability 1/ 2/ PRIORITY OBJECTIVES SCALE UP Al Grow Data & Al business significantly Capturing share of data & Al market growth Pioneer in Al-Powered Position Siili as an Al thought leader development for in our field of expertise innovati
Slide 22: Guidance for 2025
Guidance for 2025 22
Slide 23: Long-term financial targets for the period 2025–2028
Long-term financial targets for the period 2025–2028 The financial guidance of revenue for 2025 Growth Profitability is estimated to be EUR 108-130 million and adjusted Revenue growth 20% EBITA margin of 12% EBITA EUR 4.7-7.7 million. annually, organic growth sustainable profitability 10% improvemen
Slide 24: Summary
(Za Summary 20 years of Strong track record of international expansion and resilient client relationships ~ @) Focused Execution Leveraging core strengths to drive transformation and capture growth opportunities and Value Creation Clear initiatives to enhance operational efficiency and deliver share
Slide 25: SRE
SRE