Logo Yazilim Sanayi Ve Ticaret A.s. · BIST:LOGO
Logo Yazilim Sanayi Ve Ticaret A.s — Logo Yazılım — Wood's EMEA Conference 2025
29 slides from Logo Yazilim Sanayi Ve Ticaret A.s's conference presentation, Dec 3, 2025
Slide 1: Wood's EMEA Conference Investor Presentation
Wood’s EMEA Conference Investor Presentation Gülnur Anlaş CFO Canan Şenkut Investor Relations & Sustainability Director Dec 3rd-4th, 2025 Genel Kullanım - General
Slide 2: Disclaimer
Disclaimer This presentation contains information and analysis on financial statements as well as forward- looking statements that reflect Logo management’s current views with respect to certain future events. Although it is believed that the information and analysis are correct and expectations ref
Slide 3: Logo at a glance: Türkiye's long-standing Enterprise Application Software leader
Logo at a glance: Türkiye’s long-standing Enterprise Application Software leader $116 mn 210,000+ 2024 IFRS revenues Customers (IAS29 adj.) 85% 1,000+ Recurring invoiced revenue share Business partners in 9M25 54% 900+ SaaS invoiced revenue share Employees in 9M25 3 Genel Kullanım - General
Slide 4: Our software solutions and services
Our software solutions and services ERP eServices Enterprise resource e-Invoice, e-Archive planning invoice, e-Ledger, e-self emp. Invoice, fintech HR and Payroll Functional solutions Human capital Customer relationship management and payroll management (CRM), Business flow, Business intelligence (B
Slide 5: Investment highlights
Investment highlights Attractive Turkish software market and strong market positioning Accelerated SaaS transition Strong financial performance Strategic levers for sustainable growth 5 Genel Kullanım - General
Slide 6: Attractive Turkish software market
Attractive Turkish software market ERP adoption improving but still behind EU27 and Software’s share in Turkish IT market is expanding OECD average (%) 20% 17% 16% 15% 16% EU27 OECD Türkiye 38% 42% 33% 34% 43.3 40.3 44% 29.7 37% 45% 42% 51% 50% 36.1 33.2 13.9 2020 2021 2022 2023 2024 2017 2023 Softw
Slide 7: Logo market positioning: Longstanding SME leadership
Logo market positioning: Longstanding SME leadership with products serving the mission critical need across the lifecycle Employees #Firms ERP adoption Volume contribution Revenue contribution Competitors Large enterprise (250+) 10.8k 1 1 Medium (50–249) 48.7k 2 2 2-3 Small (10–49) 306k 3 3 Micro (<
Slide 8: Investment highlights
Investment highlights Attractive Turkish software market and strong market positioning Accelerated SaaS transition Strong financial performance Strategic levers for sustainable growth 8 Genel Kullanım - General
Slide 9: Accelerated SaaS transition
Accelerated SaaS transition Growth in SaaS revenues SaaS revenues (w/out IAS adj.) 2024 1,693 mn TL 2023 870 2022 413 2017-2024 2021 236 SaaS revenue CAGR 2020 153 share up 2x in 7 74% years 2019 83 2018 47 2017 36 9 SaaS: eServices, fintech, Retail (Diva retail), İşbaşı, Peoplise, Wings Subscriptio
Slide 10: SaaS solutions
SaaS solutions Total eService platform and leader SaaS solution for reliable SaaS solution for SaaS solution for MicroSMEs: in digital transformation and sustainable retail recruitment, on-boarding basic accounting software 218,000+ customers operations and talent engagement and e-invoicing services
Slide 11: Servitization strategy
Servitization strategy Subscription Subscription Subscription Subscription Web enabled Cloud 2024 2026e 10.300+ 36.000+ Small segment Small segment ERP customers ERP customers Sales model LEM (Annual license maintenance) Cloud ERP One-time license 2024 2026e One-time 1,400+ 4.000+ customers customer
Slide 12: Investment highlights
Investment highlights Attractive Turkish software market and strong market positioning Accelerated SaaS transition Strong financial performance Strategic levers for sustainable growth 12 Genel Kullanım - General
Slide 13: Strong financial performance
Strong financial performance Double-digit USD based growth Türkiye Türkiye Invoiced revenues (w/out IAS adj.) IFRS revenues (w/out IAS adj.) Delivering sustainable profitability: mn $ mn $ 35% average EBITDA margin CAGR 20% CAGR 20% 150 4.4x growth in 127 EBITDA 122 per employee 96 97 66 68 74 61 51
Slide 14: Strong financial performance: growth in recurring revenues
Strong financial performance Growth in recurring revenues Recurring revenues / Invoiced revenues Türkiye 100% 90% 80% 2011-2024 70% TL Recurring revenues 60% CAGR: 76% 50% 40% 80% 73% 67% 66% 67% 30% 55% 58% 59% 48% 52% 20% 41% 32% 10% 20% 7% 0% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Slide 15: Investment highlights
Investment highlights Attractive Turkish software market and strong market positioning Accelerated SaaS transition Strong financial performance Strategic levers for sustainable growth 15 Genel Kullanım - General
Slide 16: Logo ecosystem's evolution
Logo ecosystem’s evolution Becoming Türkiye’s enterprise application platform: Logo positioning as a marketplace and Business Partners as MSPs 2000s-2030s 2030s 1980s-1990s Integrated solutions & Managed Service License re-sellers Consultancy & Providers (MSP) on and software Cloud enablement Logo’s
Slide 17: Servitisation and infrastructure transformation
Servitisation and infrastructure transformation Re-architecting of legacy products inline with servitisation strategy Platform 4.0 App Fintech ▪ Enhanced customer experience Launcher integration services ▪ Deeper customer insights driving stronger AI supported market positioning reporting service Ed
Slide 18: Servitisation and infrastructure transformation
Servitisation and infrastructure transformation Cloud-native platform to service all customers ▪ Seamless User Experience Cloud Platform Next-generation ERP with intuitive design for effortless adoption AI supported Fintech ▪ AI-Powered Business Insights reporting integration Cloud platform delivers
Slide 19: AI's impact on ERP domain; AI in action at Logo
AI’s impact on ERP domain AI in action at Logo ▪ AI is enabling ERP, not replacing it ▪ Smarter, Faster AI tools expand ERP’s value creation potential ▪ AI integrated Low-Code/No-Code Solutions ERP platforms with integrated workflows, consistent ▪ AI-Powered First-Level Support with a data, and deep
Slide 20: Fintech platform unlocking new opportunities
Fintech platform unlocking new opportunities Leveraging tech infrastructure and big data to provide embedded finance services enabling further growth Open banking platform • Online bank statement • Money transfer (PISP: Payment Initiation Service Provider) • POS (Point of Sales) transaction transfer
Slide 21: Q325 results
Q325 results Genel Kullanım - General
Slide 22: Outperforming in a challenging environment
Outperforming in a challenging environment • Double-digit real growth in revenues and strong operational Consolidated (TL bn) profitability +8% +11% +6% +213% • SaaS momentum accelerates; revenues soar 44% y/y 3.7 4.0 • Recurring invoiced revenues’ share reached 85%, with a 19% y/y 3.4 3.6 35% incre
Slide 23: 2025 Guidance
2025 Guidance Logo Türkiye expectations: • 7% invoiced revenue growth w/ IAS29 adj. • 11% IFRS revenue growth w/ IAS29 adj. • EBITDA margin of ~ 35% w/ IAS29 adj. Total Soft expectations*: • 2% Euro revenue growth • 23% EBITDA margin Economic indicator expectations for 2025 budget: • 2025 year-end i
Slide 24: Appendix
Appendix Genel Kullanım - General
Slide 25: Dividend track record
Dividend track record 2021 2022 2023 2024 Pay-out ratio 34% 36% 35%* 64%* Yield** 2,20% 2,85% 4,51% 4,25% Gross amount 6,9 $ mn 8,0 $ mn 13,6 $ mn 13,2 $ mn 90 TL mn 150 TL mn 400 TL mn 500 TL mn 300% bonus issue *Based on statutory records. ** Genel Kullanım - GeneralBased on PDP disclosure date. 2
Slide 26: Share buy-back programs
Share buy-back programs 2012- 2023- 2024- 2023 2024 2027 4,90% 4,90% -> 6,20% 1,26% 10,6 $ mn 3,4 $ mn Max fund 108,6 TL mn 600 TL mn 2012 - 2015 ~17,4 $ mn 12.July.2018 - 30.Dec.2021 17.Nov.2023 -> 30.Dec.2021 - 17.Nov.2023 17.Nov.2024 18.Dec.2024-> 18.Dec.2027 5% share cancellation 6,20% -> 1,20%
Slide 27: Shareholder structure
Shareholder structure Logo Teknoloji Freefloat ve Yatırım A.Ş. 64.60%** 35.40%* Logo Yazılım San. ve Tic. A.Ş. Logo Infosoft Logo Ödeme Total Soft S.A. Business Technology Hizmetleri 80%*** Private Ltd. **** (Logo Payment) 75.86% 100% ABS SRL ABS Financial Logo Financial 80% Services SRL Solutions G
Slide 28: Our ESG performance
Our ESG performance Refinitiv Corporate ESG score governance rating A- 9.5/10.0 BIST BIST Sustianability Corporate governance Index Index 28 since 2017 since 2009 Genel Kullanım - General
Slide 29: Thank you.
Thank you. Logo Investor Relations Team investor@logo.com.tr +90 262 679 8000 Genel Kullanım - General