Doxee S.p.a. · MIL:DOX
Doxee — H1 2024 Earnings Presentation
16 slides from Doxee's earnings presentation, Oct 7, 2024
Slide 1: Investor Presentation H1 2024 Results
Investor Presentation H1 2024 Results Paolo Cavicchioli Chairman & CEO Sergio Muratori Casali Co-CEO & Investor Relations Manager Modena H1 2024 Financial Results, October, 2024
Slide 2: H1 2024 Results & Overview
H1 2024 Results & Overview 2024: a year of recovery in terms of growth and profitability for Doxee Highlights • Good progress in the ONE Platform project with the 1st release in September of the Doxee Platform integrating the components of Infinica GmbH, now Doxee AT Key financials • Significant sy
Slide 3: Consolidated Revenues Breakdown
REVENUES GREW (+3.2%) vs H1 2023 Consolidated Revenues Breakdown thanks to an increase in revenues in the CAGR 8% DACH and CEE regions. Italy recorded a trend substantially in line with H1 2023, PRODUCT LINE GROWTH 9.1 9.0 H1 2022 but with a slight growth. H1 2024 (€/mln) 7.7 H1 2023 H1 2024 Recurri
Slide 4: H1 2024 Financial Highlights
• H1 2024 Revenues amounted to € 12.5 mln H1 2024 Financial Highlights (+3.2% vs H1 2023) thanks to a growth in the DACH and CEE regions. PROFIT & LOSS H1 2024 H1 2023 • EBITDA positive to € 0.5 mln thanks to the efficiency improvement of internal processes Sales Revenues 12.5 12.1 which made possib
Slide 5: EBITDA Bridge
EBITDA Bridge (€/mln) Increase Decrease Total 1. 1.0 0. 0.8 0. 0. 1 0.5 (0. 8 0. 0. (0. 5 0.1 0. (0. (0. (0. (0.50 (0.8 EBITDA SALES OTHER DIRECT INDIRECT CAPEX R&D EBITDA H1 2023 REVENUES REVENUES COSTS COSTS H1 2024 • The improvement was mainly determined by a decrease in internal personnel and ex
Slide 6: H1 2024 Investments
H1 2024 Investments R&D AND VALUE OF PRODUCTION COST OF PERSONNEL (€/mln) Annual VoP (€/mln) 35.0 R&D 16.0 30.0 28.7 28.9 14.0 13.4 25.0 22.9 12.0 10.2 10.0 20.0 8.05 8.0 14 6.4 15.0 6.0 10.0 4.0 6.3 6.9 4.3 5.0 2.0 2.1 0.0 0.0 FY 2021 FY 2022 FY 2023 H1 2024 2021 2022 2023 H1 2024 End of the peak o
Slide 7: Net Financial Debt Bridge
Net Financial Debt Bridge (€/mln) Increase Decrease Total (5.0 (10.0 (15.0 0. 0.55 .1 (1 . ( 0.0 0.8 0.5 0.1 (0.0 ( 1. 1 NFD EBITDA INCOME CHANGE CHANGE IN CHANGE CAPEX FINANCIAL NFD 31.12.2023 TAXES IN NWC PROVISIONS IN EQUITY ITEMS 30.06.2024 FOR EMPLOYEES H1 2024 Financial Results, September, 202
Slide 8: Growth Strategy
GROWTH STRATEGY H1 2024 Financial Results, September, 2024 Investor Presentation
Slide 9: Strategic growth key points
Strategic growth key points Doxee a leading player in the digitization process is evolving into a Leading European technology vendor in the areas of Digital Customer Experience (DCX) and Customer Communications Management (CCM) ONE ONE ONE VALUE COMPANY PLATFORM PROPOSITION H1 2024 Financial Results
Slide 10: ONE Company
Creation of a single structure at global level with the aim of maximizing the investment made with the acquisition of Infinica GmbH, now Doxee AT Process of reorganizing the Group by bringing into the organization the roles of: • Chief Revenues Officer • Chief Product Officer ONE Rationalization of
Slide 11: ONE Platform
Development of a pan-European technological platform able to support the development of partnerships and also indirect channels - 1st release Integrated Doxee Platform Possibility of improving and certifying ESG objectives of client companies in Italy, DACH and CEE areas Continuous but decreasing i
Slide 12: Market Validation
Market Validation Trends Report, GenAI Brings Quadrant Knowledge Solutions' Aspire Leaderboard 2024 per Authenticity to Customer 2024 SPARK Matrix Report CCM, SaaS CCM, CXM and IXM Communications Management Doxee confirmed as global Doxee still included among the top Doxee is featured in Forrester's
Slide 13: ONE Value Proposition
Focus on Enterprise Market in Italy, DACH and CEE Focus on Phygital: supporting the digitization process through the integrated management of physical and digital communication Consolidation and strengthening of positioning: strong potential of the DACH and CEE areas ONE Vertical Specialization by I
Slide 14: Sustainable Revenues Growth & Cost Actions
Focus on increasing ARR (Annual Recurring Revenues) Strengthening of Pre-Sales and Sales Team, especially in the DACH Region Up-selling & cross-selling structured proposal based on the new integrated product portfolio ready for the current SUSTAINABLE customer base and new prospects REVENUES GROWTH
Slide 15: Key Takeaways
Key Takeaways 1 One Company with a single structure at global level 2 A pan-European technological platform 3 One Value Proposition 4 Sustainable revenues growth & Cost Actions H1 2024 Financial Results, September, 2024 Investor Presentation
Slide 16: Contact details
Paolo Cavicchioli, Chairman & CEO Sergio Muratori Casali, Co-CEO & Investor Relations Manager investor.relations@doxee.com DoxeeVirgilio Viale doxee.com Spa 48/B 41123 Modena - Italy Doxee Spa Viale Virgilio 48/B 41123 Modena - Italy doxee.com