24 slides from Vitec Software Group Ab Class B's earnings presentation, Oct 17, 2024
Slide 1: Vitec vertical software
MBVITCC vertical software
Slide 2: Vitec Software Group, a leader in Vertical Software
Vitec Software Group | a leader in Vertical Software Sales by market 24,600 42 12 customers business units countries 3,296 87% 1,570 MSEK proforma employees proforma recurring net sales revenues, ARR
Slide 3: Strategy chain
Strategy chain Brand Business Values Objective Vision promise concept • Our products – To rely on To contribute to the To be a profitable Shaping a wiser our foundation - today and success of our custo- and sustainable and more • Keep it simple tomorrow mers by developing growth company sustainable
Slide 4: Responsible growth: Business model
Responsible growth Business model • Market leader • High percentage of recurring revenues Business units Acquire • Vertical • Established and profitable • Proprietary software • Recurring revenues Develop • Decentralized organization • Product investments • Organic growth
Slide 5: New acquisitions: LDC, Bidtheatre, Taxiteknik, Trinergy
Figures as per acquisition date 2024 LDC Bidtheatre Taxiteknik Trinergy Software for labor mobility in A Demand Side Platform A complete business A business-critical the Netherlands, by career (DSP) for programmatic system, including booking software that contributes coaching, matching advertising –
Slide 6: Annual sales per vertical
Annual sales per vertical Education Travel and Auto hospitality repair Fast moving shops Organizations, consumer associations and goods Finance golf courses & Insurance Hair and beauty salons Pharmacies Waste Property management management Labor mobility Trade and manufacturing Energy industry Healt
Slide 7: Our business units
Our business units Business unit Reg. Acq. Annual Sales 2023, SEKm Recurring Business unit Reg. Acq. Annual Sales 2023, SEKm Recurring office year (recurring share = red) 2023 office Year (recurring share = red) 2023 0 100 200 300 0 100 200 300 ABS NL 2022 46% Vitec Futursoft FI 2016 89% Taxiteknik
Slide 8: Organization
@VITCC Organization as Group management Antoine Herincke Tinergy Oe Backman 8 . iT + Finance © M&A f T T ’ r — 1 Ms saa Nisson arn Wendén . Tira Seer Peter Lids Anna-Karin Nisson Jerk Vatbo Ais bee nn To a van yo —— —_ ‘Communication Gert Gustafson Neat i) i T T T T 1 1 vpo Gert Gustafson Kan Mater
Slide 9: Sharing knowledge
Sharing knowledge • Common culture • Sharing concept, forums for best practice sharing • Vertical clusters, opportunities across business units
Slide 10: Interim period January-September 2024
Interim period January-September 2024
Slide 11: Summary of interim period, July–September 2024
Summary of interim period, July–September 2024 • Net sales SEK 809 million (701), an increase of 15% • Recurring revenues SEK 718 million (614), an increase of 17% • EBITA SEK 248 million (240), an increase of 3% • EBITA margin 31% (34) • Operating profit SEK 171 million (158), an increase of 8% • O
Slide 12: Summary of interim period, January–September 2024
Summary of interim period, January–September 2024 • Net sales SEK 2,407 million (2,037), an increase of 18% • Recurring revenues SEK 2,109 million (1,735), an increase of 22% • EBITA SEK 732 million (652), an increase of 12% • EBITA margin 30% (32) • Operating profit SEK 520 million (444), an increa
Slide 13: Net sales
Net sales MSEK proforma net sales Net sales by year Net sales by quarter 3,296 CAGR 22.3% SEK 2,778 million (1,978), an increase of 40% SEK 809 million (701), an increase of 15%
Slide 14: EBITA
EBITA EBITA Margin YTD EBITA and EBITA margin by year EBITA and EBITA margin by quarter 30% CAGR 32.2% SEK 876 million (582), an increase of 51% SEK 248 million (240), an increase of 3%
Slide 15: Allocation of recurring revenues
Allocation of recurring revenues Transaction-based revenues Subscription-based revenues
Slide 16: Organic growth
Organic growth Organic growth subscription- Organic growth net sales based recurring revenues Organic growth subscription- Organic growth net sales based recurring revenues Of which currency effects Of which currency effects
Slide 17: Growth
Growth Acquired annual revenue Organic growth
Slide 18: Diversification of sales
Diversification of sales Number of customers 24,600 Sales by market Breakdown of revenue Customers January-September 2024 1% 1 %
Slide 19: Invest in Vitec
Invest in Vitec Vertical Market Software We tech society January-September 2024 Leader Vitec continues to grow. • Net sales SEK 2,407 million (+18%) 40-year track record of sustainable Earnings per share rose by • Recurring revenue SEK 2,109 million (+22%) profit growth driven by recurring 27%. We h
Slide 20: Appendix
Appendix
Slide 21: Consolidated statement of profit/loss and comprehensive income
Consolidated statement Consolidated statement of profit/loss of comprehensive income
Slide 22: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position
Slide 23: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow
Slide 24: Vitec vertical software
4VITeCC vertical software