Slide 1: Goodtech ASA – Highlights from Q1 2024
Goodtech ASA The preferred partner for industrial efficiency Margrethe Hauge Øyvind Osjord CEO CFO Highlights from Q1 2024 Goodtech ASA Webcast
Slide 2: Summary
Webcast Goodtech ASA Q1 2024 Summary Revenues and order backlog: 226 MNOK 332 MNOK 29% growth in revenues from Q1 2023 Q1 2024 revenues Order backlog 18% growth in total order backlog from Q1 2023 Profitability: 17 MNOK 11 MNOK Q1 2024 EBITDA (7,7%) Q1 2024 EBIT (4,8%) 2,6 MNOK increase in nom
Slide 3: Important announcements in Q1 2024
Webcast Goodtech ASA Q1 2024 Important announcements in Q1 2024 27 26 MNOK MSEK Contract award Kontrakttildeling Upgrade of power supply, compensation and filtering of power Improved instrumentation, visualisation and controll of all switches Automation Robotisation Digitalisation Electrification 3
Slide 4: Key financials
Webcast Goodtech ASA Q1 2024 Key financials Revenues* | MNOK Highlights – key financials +29% 1 213,7 215,2 243,1 225,9 • 29% growth in revenues from Q1 2023 174,6 132,0 126,3 143,3 • High activity in several larger projects, and 113,0 renewals of annual service- and frame Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Slide 5: Continuing robust capital structure
Webcast Goodtech ASA Q1 2024 Continuing robust capital structure 574 580 580 572 537 33 35 85 57 49 Total Assets 150 162 204 148 145 Assets held for sale 104 76 86 72 46 Current liabilities Cash and cash equivalents 265 275 271 293 288 Fixed assets Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 47,3% 47,1%
Slide 6: Sales and order backlog
Webcast Goodtech ASA Q1 2024 Sales and order backlog Order backlog | MNOK Development in order backlog | Continuing operations 376 306 332 282 292 72 76 59 63 56 Q1 Q2 Q3 Q4 Q1 2023 2023 2023 2023 2024 Q1 Q2 Q3 Q4 Q1 Order intake* | MNOK 2023 2023 2023 2023 2024 304 285* 187 238 266 276 158 243 223
Slide 7: How we work to grab market share in a growing market
Webcast Goodtech ASA Q1 2024 How we work to grab market share in a growing market 4 Mergers and acquisitions (M&A) | Better positioned Better Local presence in new geographies and markets – where the industry is M&A positioned Access to talent and system value – demanded competencies Access to
Slide 8: Thank you!
Webcast Goodtech ASA Q1 2024 Thank you! Margrethe Hauge Øyvind Osjord CEO CFO 8