Slide 1: Webcast Results 3Q2023
Webcast Results 3Q2023 Investor Relations ri@padtec.com.br Padtec S/A © 2023. Todos os direitos reservados.
Slide 2: Disclaimer
Disclaimer This material may contain projections and/or estimates of future events. The use of the terms "anticipates", "believes", "expects", "estimates", "plans", "anticipates", "projects", among others, is intended to signal possible trends and statements that evidently involve uncertainties and
Slide 3: Padtec S/A © 2023. Todos os direitos reservados.
Padtec S/A © 2023. Todos os direitos reservados.
Slide 4: Financial Results 3Q2023
Financial Results 3Q2023 Padtec S/A © 2023. Todos os direitos reservados.
Slide 5: Financial Results: Net Revenues
Financial Results Demand for Padtec solutions in Brazil resumes growth, remaining stable in the foreign market Net Revenues (R$MM) 300 279.6 260.7 250 200 111.2 110.5 150 103.1 96.9 103.5 100 84.9 79.2 72.8 51.7 65.5 34.7 27.5 58.0 50 55.7 53.2 54.8 38.9 23.4 23.5 8.8 18.7 19.7 11.4 30.2 0 9.2 10.5
Slide 6: Record gross margin in 3Q23: 37.9%
Financial Results Focus on profitability, record gross margin1 in 3Q23: 37.9% (9M23: 36.7%) Gross Margin (%) 50% 40% 30% 20% 28.4% 33.2% 32.3% 33.1% 36.0% 36.0% 37.9% 10% 0% 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 1 Considers combined consolidated results (Padtec S.A. + Ideiasnet S.A.) since January 2019
Slide 7: Record EBITDA in 3Q23: R$ 25.4 million
Financial Results Record EBITDA1 in 3Q23: R$ 25.4 million EBITDA (R$ MM); Adjusted EBITDA (R$MM); EBITDA Margin (%) 46.0 16.4% 40 27.7 RECORD 35 10.6% 20.6 30 8.7 11.1% 25 5.6% 20 12.9 19.6 15 7.7 12.2% 3.5 5.2 8.7 9.7% 10 6.2% 19 20 4.9% 5 7.7 11.9 3.5 5.2 0 -1.0 -5 -5.4 -1.0 1Q22 2Q22 3Q22 9M22 1Q
Slide 8: Expenses as a share of Net Revenues
Financial Results Administrative Expenses x R&D x Net Revenues (R$MM) Net Revenues (R$MM) 50 12% 43.6 41.7 10% 10% 40 35.8 8% 8% 8% 31.1 8% 30 6% 20 4% 10 2% 14% 13% 11% 11% 0 0% 2020 2021 2022 9M23 2020 2021 2022 9M23 Sales Expenses x Financial Expenses x Net Revenues (R$MM) Net Revenues* (R$MM) 10
Slide 9: Debt restructuring successfully concluded in 2Q23
Financial Results Debt restructuring successfully concluded in 2Q23 More than 90% in long-term, average funding cost: 6.3% p.a. Debt: long X short term (R$MM) Net Debt / LTM EBITDA¹ (X) 150 2 113.3 83.7 104.3 100 1 82.5 1.42 0.85 50 69.9% 0 77.1% 79.7% 90.7% (0.06) 30.1% (0.33) 22.9% 20.3% 9.3% 0 -1
Slide 10: Debt Evolution
Financial Results Debt Evolution (R$MM) 150 100 50 113.3 104.3 0.7 41.3 53.6 0 (50.5) (49.3) (1.5) -50 -100 Gross Debt Interest Amortization New Loans Gross Debt Cash and Cash Financial Net Debt 9M23 2022 and Principal 9M23 Equivalents Investments in Payment Guarantee Padtec S/A © 2023. Todos os dir
Slide 11: Growth Opportunities
Increase the range of International products and services Expansion offered • Increase market share • Make the Platforms and Solutions Growth • Expand sales in the North unit even more strategic American market Opportunities • Enter markets in EMEA and • Accelerate Smart Site sales and evolve in the
Slide 12: padtec
Padtec S/A © 2023. Todos os direitos reservados. padtec