Austriacard Holdings Ag · ATHEX:ACAG
Austriacard — Investor Day (May 2025)
36 slides from Austriacard's investor day presentation, May 7, 2025
Slide 1: Digital Technologies Forward - Investor Day 2025
AUSTRIACARD HOLDINGS Investor Day 2025 Digital Technologies Forward Investor Day 7 May 2025
Slide 2: Agenda
AUSTRIACARD HOLDINGS Investor Day 2025 2 Agenda 1. Overview 2. Solutions Overview 3. Our Proposition 4. Strategy for Growth 5. Outlook
Slide 3: About Us
AUSTRIACARD HOLDINGS Investor Day 2025 3 About Us AUSTRIACARD is an international identity and payment solutions provider that has evolved into specialising in digital transformation technologies, empowered by AI. The company has grown 35x in Revenues and 21x in EBITDA through organic growth and acq
Slide 4: A strong growth story with a proven track record
AUSTRIACARD HOLDINGS Investor Day 2025 4 A strong growth story with… …a proven track record Key Group figures FY 2024 (€m) Revenues* (Amounts in €m) EBITDA* 385.3 351.3 54.9 CAGR+ 310.3 49.3 CAGR+ 23.3% 33.4% 38.7 Revenues* EBITDA* Net Income* 173.9 178.0 21.8 385.3 54.9 19.8 135.0 13.0 20.3 +9.7% +
Slide 5: Indicative Clientele
AUSTRIACARD HOLDINGS Investor Day 2025 5 Indicative Clientele Financial Institutions Insurance Institutions Energy & Telecoms Retail Public sector
Slide 6: Operational Footprint
AUSTRIACARD HOLDINGS Investor Day 2025 6 Operational Footprint Operating facilities in 9 countries UK, Andorra, Spain, Austria, Poland, Romania, Greece, Türkiye, US Sales Offices Norway, Czech Republic, Germany, Croatia, Serbia, Jordan, the UAE,South Africa, Nigeria and a network of partners and sel
Slide 7: Solutions Portfolio
AUSTRIACARD HOLDINGS Investor Day 2025 7 Solutions Portfolio Digital Technologies Identity & Payment solutions Document Lifecycle Management Artificial Intelligence Security Documents & Payment cards Empowered Solutions Traceability Remote KYC/KYB Personalized Digital Card as a service (CaaS) Onboar
Slide 8: Solutions Overview
AUSTRIACARD HOLDINGS Investor Day 2025 8 Solutions Overview
Slide 9: Digital Technologies Overview
AUSTRIACARD HOLDINGS Investor Day 2025 DIGITAL TECHNOLOGIES 9 Digital Technologies Overview Digital Technologies 2024 Public Sector Artificial Intelligence €11.5m Empowered Solutions Digital Remote KYC/KYB Onboarding Public Private Technologies Sector Sector +77% +66% 2024: Digitalization & Data Cap
Slide 10: Digital Technologies: Growth Pillars and Pipeline
AUSTRIACARD HOLDINGS Investor Day 2025 DIGITAL TECHNOLOGIES 10 Growth Pillars Pipeline 2025 PRIVATE SECTOR Greece: Utility companies like GREEK PUBLIC PPC & Financial Institutions Romania: Financial Institutions (EFKA, Ministry of (Banca Transilvania, Justice, Land UniCredit, Raiffeisen Bank), Key c
Slide 11: Industry Overview & Market Trends: Digital Technologies
AUSTRIACARD HOLDINGS Investor Day 2025 DIGITAL TECHNOLOGIES 11 Industry Overview & Market Trends *Global Greece Drivers 450 digital transformation projects for the period 2021-2026 Amounts in $ bn supported by €6.4 billion of EU Recovery Fund Money ✓ The digital transformation 1550 ma rket is expect
Slide 12: Identity and Payment Solutions
AUSTRIACARD HOLDINGS Investor Day 2025 IDENTITY AND PAYMENT SOLUTIONS 12 Identity and Payment Solution Identity solutions; €8m Payment cards Divestment of Wholesale chip business - €19.9m Payment solutions; €214.7m Growth driven by the MEA Card as a service (CaaS) market with Türkiye Payment solutio
Slide 13: Identity and Payment Solutions: Growth Pillars and Pipeline
AUSTRIACARD HOLDINGS Investor Day 2025 IDENTITY AND PAYMENT SOLUTIONS 13 Growth Pillars Pipeline 2025 UK US market share & revenue French MEA Fintech growth in market Citizen Production and personalization of a high volume and new entry- Fintech & Identity of our innovative metal cards. Production o
Slide 14: Industry Overview & Market Trends: North America and Europe
AUSTRIACARD HOLDINGS Investor Day 2025 IDENTITY AND PAYMENT SOLUTIONS 14 Industry Overview & Market Trends ACAG is the leader in smart cards for Fintech in Europe, and growing in North America 62.5 million 32 million 45 million 4.5 million NORTH AMERICA Challenger Bank cards issued Challenger Bank C
Slide 15: Industry Overview & Market Trends: Fintech Challenger Banks
AUSTRIACARD HOLDINGS Investor Day 2025 IDENTITY AND PAYMENT SOLUTIONS 15 Industry Overview & Market Trends Fintech: Challenger Banks The Group has a leading position with Challenger Banks Global Fintech Revenues projection 2024-2033 Top 5 European Challenger Banks based on customers (Nov 2024) Numbe
Slide 16: Smart Card Market Size and Metal Cards Shipments
AUSTRIACARD HOLDINGS Investor Day 2025 IDENTITY AND PAYMENT SOLUTIONS 16 Smart Card Market Size ($bn) Metal Cards Shipment units (mn) CAGR 8.5% 30,6 20,3 2025 2030 Source: Mordor Intelligence Source: ABI Research
Slide 17: Document Lifecycle Management
AUSTRIACARD AUSTRIACARD HOLDINGS HOLDINGS FullDay Investor Year2025 Results 2024 DOCUMENT LIFECYCLE MANAGEMENT 17 Document Lifecycle Management Security Documents & Traceability; €18.9m Security Documents & Traceability Document Lifecyle Document Personalized Digital Printing Management Solutions; L
Slide 18: Document Lifecycle Management: Growth Pillars and Pipeline
AUSTRIACARD HOLDINGS Investor Day 2025 DOCUMENT LIFECYCLE MANAGEMENT 18 Growth Pillars Pipeline 2025 National Examination (MEA) Revenue Elections East Africa stamps / QR (MEA) Production of high-security-personalized National Examination recurring codes Ballot Papers with traceability services. Prod
Slide 19: Our proposition
AUSTRIACARD HOLDINGS Investor Day 2025 19 Our proposition
Slide 20: Competition: Our strengths
AUSTRIACARD HOLDINGS Investor Day 2025 OUR PROPOSITION 20 Competition Our strengths Close proximity to the main markets we serve. (EU centric footprint) Agility and adaptability to client needs, particularly in the Fintech sector for payment solutions. Fully in-house development of Operating System
Slide 21: Management Team
AUSTRIACARD HOLDINGS Investor Day 2025 MANAGEMENT TEAM 21 Management Team Nikolaos Lykos Manolis Kontos Markus Kirchmayr Jon Neeraas Burak Bilge Dr. Mohamed Chairman of the Group CEO Group Chief Financial EVP Western Europe, EVP Türkiye, Middle East & Chemloul Management Board EVP Central Eastern Of
Slide 22: Strategy for growth
AUSTRIACARD HOLDINGS Investor Day 2025 22 Strategy for growth
Slide 23: Challenges and opportunities
AUSTRIACARD HOLDINGS Investor Day 2025 CHALLENGES AND OPPORTUNITIES 23 Challenges and opportunities Challenges 2025 onwards: Opportunities forward: Macroeconomic challenges in both the EU and the US, Provide more comprehensive end- including tariffs and other factors. to-end solutions, particularly
Slide 24: Growth Strategy: Geographic expansion
AUSTRIACARD HOLDINGS Investor Day 2025 GROWTH STRATEGY – PILLAR 1 24 Growth Strategy 1. Geographic expansion AUSTRIACARD is the 3rd largest provider in EU, Number 1 provider to major Fintechs UK France MEA Move from Fintech to Tier 2 Banks New market entry with Targeting Tier 1 and Tier 2 Offering C
Slide 25: Growth Strategy: Market share expansion
AUSTRIACARD HOLDINGS Investor Day 2025 GROWTH STRATEGY – PILLAR 2 25 Growth Strategy 2. Market share expansion From a product supplier to an end-to-end solutions provider New corporate structure based on geographical Acquisitions to enhance our solutions offering, clusters enabling faster expansion
Slide 26: Solid M&A track record
AUSTRIACARD HOLDINGS Investor Day 2025 GROWTH STRATEGY – PILLAR 2 26 Solid M&A track record Expanding our product offering and geographical footprint Following the transformative acquisition of AUSTRIACARD in 2007, the Group has proceeded to further accretive acquisitions, expanding its geographical
Slide 27: Growth Strategy: Products & services portfolio enhancement
AUSTRIACARD HOLDINGS Investor Day 2025 GROWTH STRATEGY – PILLAR 3 27 Growth Strategy 3. Products & services portfolio enhancement Objectives Shift to solution-led, recurring revenue models Deepen client relationships through platform integration & lifecycle services 1. Payment and Banking solutions
Slide 28: Move up the value chain
AUSTRIACARD HOLDINGS Investor Day 2025 GROWTH STRATEGY – PILLAR 3 28 Owning the Secure Citizen Identity Value Chain: From Components to End-to-End Solutions Enrolment Validation Personalisation Verification Move up the value chain Document Print & Encoding AFIS/ABIS & Data Document reader Bio & Data
Slide 29: Payments and banking as a service
AUSTRIACARD HOLDINGS Investor Day 2025 PAYMENTS & BANKING 29 Payments and banking as a service CARD AS A SERVICE Onboarding Card Issuance Payment AI/ML Financial Growth & Compliance & Enablement Processing Management Opportunities Secure Onboarding BIN Sponsorship Issuer Processing Ledger Hyper Pers
Slide 30: Capex
AUSTRIACARD HOLDINGS Investor Day 2025 CAPEX 30 Capex* €m Capex 18 3-year medium-term Investments ~ 5% on revenue 17.5 17.4 17.4 **5.5% 17.2 **4.4% 17 **4.7% Investments will be directed towards product development, maintenance of operations, security systems, and infrastructure. 16.5 We have the ba
Slide 31: Liquidity and Cash Flow
AUSTRIACARD HOLDINGS Investor Day 2025 LIQUIDITY 31 Liquidity and Cash Flow €m Operating Cash Flow 45 3-year medium-term 40.9 Cash Flow: ~ 60% of EBITDA 40 *13.1% 34 35 2024 30 *8.8% Net Debt 95.6m 25 20 Net Debt/EBITDA 1.7x 15 Cash €22m 9.1 10 €186.6m syndicated loan signed in 2023 5 *2.5% Addition
Slide 32: Outlook
AUSTRIACARD HOLDINGS Investor Day 2025 32 Outlook
Slide 33: Outlook: Sustainable and profitable growth 2025-2027
AUSTRIACARD HOLDINGS Investor Day 2025 OUTLOOK 33 Outlook Providing sustainable and profitable growth 2025-2027 Our strategic focus is to become a holistic solutions provider as a prime partner. We will generate cash flow and manage our working capital efficiently to support growth. We prioritize te
Slide 34: Outlook: Medium-term financial targets
AUSTRIACARD HOLDINGS Investor Day 2025 OUTLOOK 34 Outlook Providing sustainable and profitable growth 2025-2027 As part of our evolving growth story, we are updating our financial targets to cover the medium- term period beyond 2025. Our targets are as follows: Average annual organic revenue growth
Slide 35: Disclaimer
AUSTRIACARD HOLDINGS Investor Day 2025 35 Disclaimer This presentation is made by AUSTRIACARD (the “Company”) for you as intended This presentation contains forward-looking statements, which involve risks and recipient and is strictly confidential. It is furnished to you solely for your information
Slide 36: Thank you
AUSTRIACARD HOLDINGS Investor Day 2025 36 Thank you For more information please visit: https://www.austriacard.com Contact us: investors@austriacard.com AUSTRIACARD HOLDINGS Lamezanstrasse 4-8 1230 Vienna, Austria Phone: +43 (0)1 61065 – 0