Slide 1: Full Year 2018 Results and 2019 Budget Presentation for Investors
Full Year 2018 Results and 2019 Budget Presentation for Investors MARCH 2019 Diego Cabezudo CEO gigas
Slide 2: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A se: sion) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gig: the “Company* or the “Gigas Group"). This Information m
Slide 3: Leading provider of cloud computing services in Spanish-speaking markets
Leading provider of cloud computing services in Spanish-speaking markets
Slide 4: FY 2018 Key Highlights
FY 2018 Key Highlights Growth continues strong, FY18 revenues up 44.0% YoY through organic & inorganic growth EBITDA reaches €1.62M during 2018, almost tripling the 2017 EBITDA (€0.57M) Cashflow from operations positive and net positive result in the second half of the year Cloud Datacenter customer
Slide 5: Revenues FY 2018
Revenues FY 2018 ° Gross revenues reached €10.16 million in 2018, 44.0% higher than in 2017, due to organic growth and acquisitions. Net revenues grew 46.0% to €8.68M ° Revenues higher than budgeted, due to Ability contribution not included in the original budget. Acquisitions contributing with a bi
Slide 6: Revenues Q4 2018
Revenues Q4 2018 ° Y-o-y revenue growth very significant in Q4 due to full consolidation of Ability acquisition (only 7.25 months consolidated in the full year), good sales activity and annual contracts signed and renewed ° Both sales activity and annual contracts during Q4'18 will translate into 20
Slide 7: EUR Thousands EUR Thousands
EUR Thousands • • EUR Thousands
Slide 8: 2018 Results Compared to 2017 and Budget
2018 Results Compared to 2017 and Budget CONSOLIDATED FY 2018 RESULTS 2018 2017 Budget EUR JAN-DEC %Nar. JAN-DEC % Mar. JAN-DEC Gross sales 10.155.159 44,0% 7.053.165 9,3% 9.293.474 Accrued sales (87.111) 234,3% (26.058) 185.5% (30.514) Sales discounts and promotions (1.384.168) 28,1% (1.080.281) 16
Slide 9: Detailed Quarterly 2018 Results
Detailed Quarterly 2018 Results 2018 CONSOLIDATED RESULTS 2018 Figures in EUR fe} Q2 Q3 Q4 JAN-DEC Gross revenues 2.134.305 2.475.065 2.550.951 2.994.838 10.155.159 Accrued sales 27.11 (61.228) 64.910 (117.904) (87.111) Sales discounts and promotions (318.162) (319.648) (303.285) (443.073) (1.384.16
Slide 10: 2018 Balance Sheet — Assets
2018 Balance Sheet — Assets * Intangible assets grew considerably due to Customer Relations (€2.7M) arising from the acquisition of SVT and Ability ° Trade receivables increased due to growth of top line, annual contracts at the end of the year and attracting larger customers with longer payment ter
Slide 11: 2018 Balance Sheet — Equity and Liabilities
2018 Balance Sheet — Equity and Liabilities * Capital Increased amounting €300K (capital plus share premium) executed in June as_ partial EQUITY AND LIABILITIES payment to Ability former shareholders 2018 2017 ; : EQUITY 5.054.414 | 4,099,096 ° Loss for the period €148K (€493K in 2017) and Sharehold
Slide 12: Cloud VPS
Cloud VPS ° Cloud VPS customers reached 3,158 by Dec. 31°, 2018 (3,016 at the end of 2017), helped by the customers brought in by the SVT acquisition (207 VPS customers) * The Cloud VPS segment is very price sensitive, but Gigas focuses on the higher value customers, trading customer numbers for hig
Slide 13: Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
• • • Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 14: Inorganic Growth
Inorganic Growth ° The cloud and hosting market is dominated by 3-4 large players (c.50% of the market) whereas the other half is extremely fragmented. * Gigas is exploiting the opportunity to acquire companies with good business customer bases which bring volume and significant synergies. * Two com
Slide 15: 2019 Budget
2019 Budget ° Management positive about 2019 due to good sales activity at the end of 2018 and start of 2019 together with accruals from end of year 2019 CONSOLIDATED BUDGET EUR Qi Q2 Q@3 Q4 2019b % Var. 2018 2017 Gross sales 2.766.364 2.885.117 2.975.718 3.205.072 1.832.270 165% 10.155.158 7.053.16
Slide 16: Share Evolution and Analysts' Reports
Share Evolution and Analysts’ Reports Share price grew 86.8% during 2018, from €3.48 at beginning of year to €6.50 at year end Share Price closed at €6.70 yesterday (3.1% up ytd) GVC Gaesco issued a Research Report in January with Price Objetive at €8.30 GVC Gaesco recommendation is currently BUY an
Slide 17: Q&A
Q&A FY 2018 Results Investors Presentation gigas Diego Cabezudo CEO
Slide 18: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com — gigas