Cbrain A/s · OMXCOP:CBRAIN
Cbrain A/s — Investor Presentation (February 2024)
42 slides from Cbrain A/s's investor presentation, Feb 22, 2024
Slide 1: Investor presentation
Investor presentation February 22th, 2024
Slide 2: Content
Content • cBrain history • Financial results • Business Highlights • Our Business • Market and Value Proposition • Product – The F2 Software • Customer & Growth Plan • Outlook • Q&A
Slide 3: cBrain facts & numbers
cBrain facts & numbers • Founded in 2002 by CEO Per Tejs Knudsen • We deliver a unique platform for e-government. One of a kind, standard software, built for government. F2 • Listed on NASDAQ Copenhagen 2006 • 14.000 shareholders in 40 countries • 200+ employees in 5 locations • Customers on 5 conti
Slide 4: Financial Results
Financial Results CBRAIN
Slide 5: coepeor Nae alla
coepeor Nae alla SOFTWARI &
Slide 6: Revenue split by region and by software and services
o 240.000 200.000 160.000 120.000 80.000 40.000 REVENUE split by Sales in Denmark and International sill 2019 2020 Il Sales in Denmark 2021 2022 = =62023 I international sales REVENUE split by Software and Sales of Services 240.000 200.000 160.000 120.000 80.000 40.000 2019 2020 2021 2022 2023 Il So
Slide 7: Earnings before tax
EARNINGS before tax 80.000 60.000 40.000 20.000 0 2019 2020 2021 2022 2023 Earnings before income taxes (EBT)
Slide 8: Business Highlights
Business Highlights
Slide 9: Highlights - Customers
Highlights - Customers Deutsche Rentenversicherung Danish Hunting License Kenya Dairy Board Delivering a new hunting license In Kenya a pilot project of digital In December 2023 cBrain won the solution for the Danish Agency of management inspections, has given “Danish company of the year” by the Env
Slide 10: Highlights - Customers
Highlights - Customers • Heat Pump Adoption Scheme with Highly Automated Subsidy Processing implemented for the Danish Agency of Energy (Energistyrelsen) • Implementation of inspection processes for the Danish Working Environment Authority (Arbejdstilsynet) • The Danish Agency for Labour Market and
Slide 11: Events
Events High Level Water Official visiting 45 foreign ambassadors joined the cBrain from China, Thailand, cBrain International Climate Indonesia, Malaysia, Vietnam and Action Event the Phillippines cBrain participated at the The Danish EPA and cBrain UN Water Conference sharing were invited as the on
Slide 12: Partnerships
Partnerships Rumania India Ghana cBrain was in 2023 awarded the first cBrain showcasing software to His In January cBrain established a project in Romania. In December 2023, Majesty King Frederik of Denmark at joint venture with Omni a Romanian language version of F2 the Official Royal Visit to Indi
Slide 13: Our Business: Market and Value Proposition
Our Business Market and Value Proposition
Slide 14: By leveraging standard software, cBrain offers fast digital transformation at scale
By leveraging standard software, cBrain offers government organizations fast digital transformation at scale
Slide 15: Key take aways
Key take aways Transforming government through digitization represents a huge opportunity Industry analysts estimate that by digitizing processes, based on best practices and aligning the organization, governments can enhance services, improve citizens’ quality of life, while generating savings of o
Slide 16: The adoption of standard software is a game-changing approach
“ The adoption of standard software is a game-changing approach. It empowers organizations to focus on the actual benefits of digitalization, driven through process innovation and organizational change.
Slide 17: How to speed up government digital transformation
7 How to speed up government digital transformation Organization: 20% IT system: 80% rT >= ‘Organization: 10% IT system: 20% Organization: 30%
Slide 18: Our Business: The F2 Software
18 Our Business The F2 Software CBRAIN
Slide 19: With F2 we have proven what only few believed possible
With F2 we have proven what only few believed possible SaaS for Government Standard software, built for government, delivered as cloud.
Slide 20: Standard software for government
Standard software for government One fully integrated platform Standard software Process templates Offers out-of-the-box all ready for operation Configured for individual mission the functions a government without custom coding, critical processes, covering all authority needs to run it’s minimizing
Slide 21: Standard software, process libraries and delivery method
Standard software, process libraries and delivery method The core standard software offers out-of-the- box extensive generic functionality built for government. From citizen self-service to case processing, knowledge management, filing Employees Citizens and compliance. Our solutions are based on st
Slide 22: Our Business: Customer and Growth Plan
Our Business Customer and Growth Plan
Slide 23: cBrain solutions around the globe
cBrain solutions around the globe cBrain serves customers across 5 continents. F2 has proven that the model for digital bureaucracy that was developed in close collaboration with the Danish government can be applied worldwide.
Slide 24: Key take aways
Key take aways The cBrain business model is highly scalable cBrain continues to develop the F2 standard software and best practices Reusing best practices enables fast track organizational deployment
Slide 25: cBrain's SDG journey
cBrain’s SDG journey Next Decade of Action Digital Bureaucracy 2.0 Building Foundation Towards transparent and accountable institutions Max Weber Introducing Digital Bureaucracy 1.0 2006 2020 2030
Slide 26: F2 Digital Bureaucracy Solutions
F2 Digital Bureaucracy Solutions
Slide 27: Digital Bureaucracy applied
cBrain’s SDG journey Digital Bureaucracy applied Next Decade of Action Digital Bureaucracy 2.0 Building Foundation Towards transparent and accountable institutions Max Weber Introducing Digital Bureaucracy 1.0 2006 2020 2030
Slide 28: Key take aways: F2 Climate Software
Key take aways The cBrain business model is highly scalable cBrain continues to develop the F2 standard software and best practices Reusing best practices enables fast track organizational deployment F2 Climate Software
Slide 29: Climate Governance
Climate Governance Climate governance are measures aimed at steering social systems toward preventing, mitigating or adapting to climate change. Good climate governance needs to be fast, agile and accountable. Climate software for governments is the digitization of climate governance with the purpos
Slide 30: Climate software for government
Climate software for government The fight against global warming and the destruction of nature is driven and funded by government. Many initiatives are therefore subject to bureaucratic delays and administration overhead. With smart digital solutions, government processing can be accelerated optimiz
Slide 31: Increasing speed and results
CASE Increasing speed and results Taking carbon rich farmland out of production (peatland) • Danish government decision November 2020 • Grant management programme in February 2021 • Covers 20% af Danish 2030 CO2 Goal (70% reduction)
Slide 32: Danish Environmental Protection Agency: F2 Climate Software
Danish Environmental Protection Agency: F2 Climate Software Model for organizing the EPA´s digital transformation, using a portfolio approach. The Environmental Protection Agency’s roll-out is exceptional due to its portfolio approach in which all 244+ business processes are prioritised according to
Slide 33: Heat Pump Adoption with Automated Subsidy Processing
CASE Heat Pump Adoption with Automated Subsidy Processing
Slide 34: Accelerating Environmental Permitting with AI
_ BRAIN 4 Accelerating Environmental Permitting with Al
Slide 35: Applied Climate software for Governments
Applied Climate software for Governments
Slide 36: Key take aways
Key take aways The cBrain business model is highly scalable cBrain continues to develop the F2 standard software and best practices Reusing best practices enables fast track organizational deployment F2 Climate Software Working with partners, cBrain can offer fast digital transformation for governme
Slide 37: Collaborating with partners offer fast digital transformation for governments
Collaborating with partners offer fast digital transformation for governments across the world A key element of the cBrain The F2-for-Partners Instead of building a growth plan is the F2-for- concept thereby allows large internal cBrain Partners concept. It enables cBrain to accelerate organization,
Slide 38: F2 Service Builder enables an eco-system of partners
F2 Service Builder enables an eco-system of partners • F2 Service Builder is a game changing approach to government digitizing. F2 Service Builder is a new generation software tool that allows users to configure their own government processes simply by filling out a spreadsheet. This dramatically re
Slide 39: Build F2 eco system by establishing partnerships
Build F2 eco system by establishing partnerships Build F2 eco system by establishing partnerships with: • Key customers by supporting them with methods, F2 platform and F2 Service Builder. • External consultants who are engaged with cBrain customers and thereby have domain knowledge. • Management co
Slide 40: Outlook
Outlook
Slide 41: Outlook
Outlook • The fourth quarter 2023 jump in subscription revenue offers a solid offset for continued software subscription revenue in 2024, and in parallel cBrain expects to win both new customers and new projects in 2024. • Based on strong growth of software revenue, driven by subscriptions as well a
Slide 42: CBRAIN
CBRAIN