Nemetschek SE · XETR:NEM
Nemetschek — Q3 2022 Earnings Presentation
22 slides from Nemetschek's earnings presentation, Oct 27, 2022
Slide 1: Earnings Call Q3- / 9M-22
Earnings Call Q3- / 9M-22 Nemetschek Group October 27, 2022
Slide 2: Financial Results Q3-22
Financial Results Q3-22 NEMETSCHEK GROUP*
Slide 3: Top Key Figures Q3-22: Continued High Growth in Uncertain Environment
Top Key Figures Q3-22: Continued High Growth in Uncertain Environment ARR2 Revenues EBITDA EPS EURm EURm EURm EUR +29.2% +19.8% +21.7% cc1 +15.7% +13.3% +11.8% cc1 550,6 426,1 202,8 169,3 62,9 0,34 54,4 0,30 Q3-21 Q3-22 Q3-21 Q3-22 Q3-21 Q3-22 Q3-21 Q3-22 • Strong increase in ARR shows • Build +31.4
Slide 4: Financial Results 9M-22
02 Financial Results 9M-22 Nemetschek Group | PowerPoint Template 4
Slide 5: Key Financial Highlights 9M-22: Strong First Nine Months of the Year
Key Financial Highlights 9M-22: Strong First Nine Months of the Year Very Good Results in all Important KPIs Revenues: EBITDA: High Cash Conversion: +21.3% (FX adj.: +15.2%) to $ +25.6% (FX adj.: +16.2%) to 86.4% EUR 598.9m EUR 201.3m Recurring Revenues: EBITDA margin: Net Cash Position: +28.0% (FX
Slide 6: Segment Overview 9M-22: Highest Growth Momentum in Build and Media
Segment Overview 9M-22: Highest Growth Momentum in Build and Media Design Build Media Manage Revenues +11.5% +32.8% +51.4% +2.9% EURm +7.7% cc1 +22.1% cc1 +43.5% cc1 +3.0% cc1 287,4 208,8 257,8 157,2 75,8 50,1 33,0 33,9 9M-21 9M-22 9M-21 9M-22 9M-21 9M-22 9M-21 9M-22 Margin 32.6% 33.0% 42.6% 42.1% 3
Slide 7: Overview Recurring Revenues: New KPI ARR Shows Strong Future Growth
Overview Recurring Revenues: New KPI ARR Shows Strong Future Growth Q3-22 9M-22 Revenue Share Revenue Share by type in % of Subscription/SaaS +29.2% +29.2% ARR2 y/y +21.7% cc1 +21.7% cc1 100% Recurring +29.2% +28.0% revenues y/y +21.0% cc1 +21.6% cc1 31% 9M-22 50% 65% 25% Subscription/ +57.5% +57.8%
Slide 8: At a Glance: Income Statement and Important KPIs
At a Glance: Income Statement and Important KPIs In % of Key Figures mEUR 9M-22 revenue 9M-21 Growth y/y Revenues 598.9 - 493.6 +21.3% Cost of materials/cost of purchased services -22.4 3.7% -18.1 +24.0% Personnel expenses -248.5 41.5% -212.6 +16.9% Other operating income/expenses -126.6 21.1% -102.
Slide 9: Update & Outlook
Update & Outlook NEMETSCHEK GROUP’
Slide 10: New Bluebeam Cloud – Available only via Subscription
New Bluebeam Cloud – Available only via Subscription Bluebeam Cloud is a Cloud-Based Browser and Mobile Application that includes real-time collaboration, markup editing, and an iOS companion application. Bluebeam Cloud features include: Bluebeam Cloud Project and Construction Management – Ability
Slide 11: Overview Subscription Packages including new Cloud Features
Overview Subscription Packages including new Cloud Features New Bluebeam subscription packages: Basics Core Complete • 3 Different Product Packages which consist of Essential tools for Comprehensive tools Everything you need combinations of two applications – Bluebeam Desktop marking up and for mana
Slide 12: Update Bluebeam Transition
Update Bluebeam Transition Bluebeam’s subscription and SaaS transition progressing as planned Status Quo as of Q3-22 First Learnings & Next Steps Start Q3-22 Mid Q3-22 End Q3-22 • Introduce new • Global Channel Partners • Global launch Marketing reach: begin introducing new across all Bluebeam subsc
Slide 13: Resilient Business Model due to Balanced Portfolio
Resilient Business Model due to Balanced Portfolio Revenue Split per … 47% 31% Type 65% Segment 35% 4% 5% 13% Licenses Recurring Consulting & Hardware Design Build Media Manage 1/3 51% Region 1/3 End Market 39% 10% 1/3 Europe North America Asia/Pacific Residential Commercial Public 13 Nemetschek Gro
Slide 14: Outlook 2022: Fully on Track to Achieve Our Full Year Targets
Outlook 2022: Fully on Track to Achieve Our Full Year Targets 2022 Revenue Growth: 12% - 14% 2021 (at constant currencies) EBITDA Margin: Revenue: 32% - 33% EUR 681.5m EBITDA Margin: 32.6% Outlook 2022: Please note: The outlook is based on the assumption that there will be no deterioration in the ec
Slide 15: Q&A
Q&A NEMETSCHEK GROUP*
Slide 16: Appendix
Appendix NEMETSCHEK GROUP*
Slide 17: Income Statement
Income Statement €m 9M 2022 9M 2021 % YoY Revenues 598.9 493.6 +21.3% Other income 13.5 6.2 +118.5% Operating income 612.4 499.8 +22.5% Cost of materials/purchased services -22.4 -18.1 +24.0% Personnel expenses -248.5 -212.6 +16.9% Other expenses -140.2 -108.9 +28.7% Operating expenses -411.1 -339.6
Slide 18: Balance Sheet – Assets
Balance Sheet – Assets €m September 30, 2022 December 31, 2021 Assets Cash and cash equivalents 186.6 157.1 Trade receivables, net 80.2 70.1 Inventories 0.9 0.9 Other current assets 50.6 35.0 Current assets, total 318.4 263.1 Property, plant and equipment 24.0 20.7 Right-of-use assets 60.5 59.2 Inta
Slide 19: Balance Sheet – Equity and Liabilities
Balance Sheet – Equity and Liabilities €m September 30, 2022 December 31, 2021 Equity and liabilities Short-term borrowings and current portion of long-term loans 52.2 93.8 Trade payables & accrued liabilities 80.0 83.0 Deferred revenue 210.0 158.0 Current lease liability 14.6 14.1 Other current lia
Slide 20: Cash Flow Statement
Cash Flow Statement €m 9M 2022 9M 2021 % YoY Cash and cash equivalents at the beginning of the period 157.1 139.3 +12.8% Cash flow from operating activities 173.9 163.6 +6.3% Cash flow from investing activities -27.7 -19.7 +40.9% t/o CapEX -11.4 -5.6 t/o Cash paid for acquisition of subsidiaries, ne
Slide 21: Contact
Contact NEMETSCHEK SE Investor Relations Konrad-Zuse-Platz 1 81829 Munich Germany investorrelations@nemetschek.com www.nemetschek.com Nemetschek Group | PowerPoint Template 21
Slide 22: Disclaimer
Disclaimer This presentation contains forward-looking statements based on the beliefs of Nemetschek SE management. Such statements reflect current views of Nemetschek SE with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from thos