Systems Ltd. · PSX:SYS
Systems — FY2024 Earnings Presentation
24 slides from Systems's earnings presentation, Apr 10, 2025
Slide 1: Investor's Briefing FY 2024
INVESTOR’S BRIEFING FY 2024 Dated: 10th April 2025 www.systemsltd.com 1
Slide 2: Agenda
Agenda 01 Systems Limited - At a glance 02 Key Stats & Market Overview 03 Financial Performance 04 Opportunities & Delivery Model 05 ESG 06 Q&A 2
Slide 3: Introducing Systems Limited
Introducing Systems Limited Industry Focus Systems Limited is a leading global digital transformation IT consulting and services provider. We pioneer the creation of cutting-edge enterprise solutions, shaping our clients' digital footprint for enduring growth and profitability. Our ardor lies in tai
Slide 4: Key Stats & Market Overview
Key Stats & Market Overview 4 4
Slide 5: Fact Sheet (USD)
Fact Sheet Rev 242.35 EBITDA 35.94 Awards & Recognitions 35.13 USD ‘M USD ‘M 30.19 190.79 140.25 21.72 93.85 14.86 61.01 MEA Delivery partner of the year 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 *One off trading transaction (CLOS) has been excluded in 2022 *EBITDA Adjusted for one-off impai
Slide 6: Fact Sheet (PKR)
Fact Sheet Revenue EBITDA Awards & Recognitions 67,473 PKR ‘M 10,006 PKR 'M 9,839 53,435 6,205 28,827 * 3,542 15,304 2,406 9,877 MEA Delivery partner of the year 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 *One off trading transaction (CLOS) has been excluded in 2022 *EBITDA Adjusted for one-o
Slide 7: Financial Performance Overview
Financial Performance Overview 7 7
Slide 8: Strong Performance – FY2024 (USD 'M)
Strong Performance – FY2024 (USD ’M) Revenue Operating Profit CAGR 41% CAGR 22% 242.35 29.27 28.16 26.09 12.1% 190.79 19.43 140.25 13.06 93.85 61.01 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Exch. Loss Exch. Gain Exch. Gain USD (0.9) M USD 8.0 M EBITDA Net Profit USD 6.6 M 33.83 34.18 CAGR 2
Slide 9: Strong Performance – FY2024 (PKR 'M)
Strong Performance – FY2024 (PKR ’M) Revenue Operating Profit CAGR 62% 67,473 CAGR 40% 7,887 8,150 12.1% 53,435 5,363 28,827 * 3,169 2,114 15,304 9,877 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Exch. Gain PKR +2.3 Bn Exch. Loss PKR (0.3) Bn 9,573 EBITDA Net Profit Exch. Gain 10,006 CAGR 43%
Slide 10: Strong 2024 Performance
Strong 2024 Performance FY ‘24 vs FY ‘23 Growth (USD) FY ‘24 vs FY ‘23 Growth (USD) Revenue EBITDA 0% 100% 0% 100% +27% +2% PKR ‘M USD ‘M PKR ‘M USD ‘M 2,625 35.1 35.9 242.4 19,163 2,564 17,286 190.8 15,829 15,194 2,426 2,391 FY 2023 FY 2024 Q1 '24 Q2 '24 Q3 '24 Q4 '24 FY 2023 FY 2024 Q1 '24 Q2 '24
Slide 11: Currency Mix – 2024
Currency Mix – 2024 By Revenue By Cost 4% 43% 57% 94% FCY PKR FCY PKR 11
Slide 12: Opportunities and Delivery Model
Opportunities and Delivery Model 12
Slide 13: Market Opportunity
Market Opportunity The Cyber-Human Fusion Generative AI will take over 46% of organizations are planning to invest in By 2025, the global market for generative AI human-computer interfaces (HCIs) in the is expected to reach $26.8 billion, driven by next two years to facilitate seamless human- its ca
Slide 14: Investment Highlights / Value Propositions
Investment Highlights / Value Propositions Digital, data & AI, & cloud Emerging technologies Growth We elevate possibilities We amplify human possibilities Our innovative solutions and and unlock new growth through generative AI and strategic prowess propel you horizons through deliver business and
Slide 15: Global Delivery Model
Global Delivery Model Our talent pool is characterized MEA KSA APAC PK by its global diversity and UAE Saudi Arabia Australia Lahore inclusivity. Egypt Bahrain Singapore Karachi Qatar Malaysia Islamabad We take great pride in our workforce, South Africa Faisalabad recognizing them as our greatest as
Slide 16: Target Market & Customers
Target Market & Customers We have a strong customer base in most of the industry verticals which not only minimizes our concentration risk but also gives us the competitive advantage by developing resources with cross industry knowledge. Revenue by Vertical Vertical Customer Split * BFSI 70 24% Tech
Slide 17: Client Composition
Client Composition 2024 Client Contribution to Revenue 49% 50% 36% 36% 27% 27% 16% 13% Top Client Top 5 Top 10 Top 20 2023 2024 Active Clients* Client Metrics 2023 2024 2023 2024 Active Clients 236 250 $25m+ clients - 1 $10-25m clients 1 1 *Revenue above $100k $5-10m clients 3 3 $3-5m clients 4 11 $
Slide 18: AI Maturity-Core Areas
AI Maturity-Core Areas Strategy & Leadership Data Readiness Technology & Infrastructure AI Vision & Roadmap Data Platform & Technology Computing & Storage Infrastructure Governance Data Governance AI Platforms & Services AI Investment & ROI Measurement Data Accessibility & Quality Security & Privacy
Slide 19: AI Revolution – Pillars of Our Strategic Plan
Pillars of our strategic plan Skills and AI capabilities are being integrated across all business practices, with dedicated Go-To-Market strategies for each segment. IT developers within the Company are being AI-enabled. Industry- service specific AI use cases are being developed, particularly for B
Slide 20: Investment Priorities
Investment Priorities Continued Profit Improvement, Healthy Cash Flow • Strong cash flow generation allows attractive dividend payout, and → Investment in AI & GenAI led flexibility for investment opportunities. revolution • Systems Limited has a history of → Investment in upskilling talent investin
Slide 21: Environment, Social & Governance (ESG)
Environment, Social & Governance (ESG) 21
Slide 22: ESG Overview
ESG Overview Be Kind with the Environment Key Indicators: • Reduced electricity costs by moving data centres to cloud • Controlled e-waste by donating laptops and computers • Policy to reduce printing and use digital media as much as possible • Reduced carbon emissions by installation of Solar Energ
Slide 23: Q&A
systems Q&A
Slide 24: Thank you
Thank you www.systemsltd.com 24