Tessellis S.p.a. · MIL:TSL
Tessellis — Investor Presentation (May 2022)
19 slides from Tessellis's investor presentation, May 12, 2022
Slide 1: Investor Presentation
Investor Presentation Cagliari, May 12th 2022
Slide 2: Disclaimer
Disclaimer IMPORTANT: You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by Tessellis S.p.A. and their affiliates (collectively, the “Company”) or any person on behalf of the Company, and any question-and-a
Slide 3: Agenda
AGENDA 01 Today’s speakers 02 Key 2022 Financials 03 Tessellis Masterplan Update 04 Capital increase details 3 Investor Presentation – May 2023
Slide 4: Today's speakers
Today’s speakers 4 Investor Presentation – May 2023
Slide 5: Today's speakers
Today’s speakers Davide Rota Fabio Bartoloni Patrizia Tammaro CEO CFO IRO Graduated at Bocconi University with a degree in Graduated at LUISS Guido Carli in Rome with Graduated at The American University of Paris in Paris Economics and Business, Davide Rota served for two a degree in Economics and M
Slide 6: Key 2022 Financials
Key 2022 Financials 6 Investor Presentation – May 2023
Slide 7: 2022 at a glance
2022 at a glance First reported results of combined entity: solid top line and profitability 2022 figures - EUR 261m 50m 98m 1.1m 68m Pro forma Pro forma Net Debt Active customer Net Equity revenue1 EBITDA adj.1 base EoP EUR 2.6m of (18% margin) Senior Loan repaid since merger Clear opportunities de
Slide 8: FY 2022 Financial summary
FY 2022 Financial summary Active customer base Revenue split1 Adjusted revenue bridge EURm 144 17 261 47,2% 47,0% 100 Active CB Revenue Revenue Jan-Jul 22 IP sale PF adj. 2,5% EoP 22A Adjusted EBITDA bridge 1.1m EUR 261m EURm 34,3% 6,8% 24,5% 25,8% 10,0% 17 49 1,9% 22 11 FTTx xDSL FWA Mobile Fixed B
Slide 9: Key milestones delivered since merger in August
Key milestones delivered since merger in August Developed and commenced implementation of long-term plan, Building balancing consumer and B2B activities Momentum New organizational structure Assessment of Tiscali assets with sub-optimal utilization: Cagliari datacenter Asset Subsea cable a
Slide 10: Tessellis Masterplan Update
Tessellis Masterplan Update 10 Investor Presentation – May 2023
Slide 11: The Business Units
The Business Units TELCO DIGITAL B2B INNOVATION MEDIA CONSUMER SERVICES 11 Investor Presentation – May 2023
Slide 12: Telco Consumer
Telco Consumer Strategy Strategic Assets Focused customers targeting Wholesale agreements with all infrastructure operators (including, unique in the market, agreements with all Focusing on profitable customers 5G wholesale operators) acquisition (Soho), and best A national backbone for traffic perf
Slide 13: Digital B2B
Digital B2B Strategy Strategic Assets Key Figures Achieve a leadership position Dedicated backbone network EURm 4,5 both by internal growth and A proprietary data center 3,4 through external acquisitions 51% in three macro areas of 50% + 31% development: An IP infrastructure 50% 49% FTTH and FWA 5G
Slide 14: Media
Media Consolidation of assets and growth The Media&Tech Division, on the other hand, plays a key role on the innovation front: with its services, portals, and platforms it serves as an aggregator for a community of more than 15 million unique users. The Unit has three separate but related areas of a
Slide 15: Innovation
Innovation Smart Agricolture Smart Innovation Factory for Justice Vertical B2B/B2G engineering and Services commercial testing of Video innovative services Platform Investment in innovative SMEs and start-ups focused on specific Investments vertical sectors. Consolidation of Strategic Investments. S
Slide 16: Shift to more resilient customer base
Shift to more resilient customer base Progressive diversification from Consumer Telco… …driving revenue and profitability Revenue split1 Key metrics in 2026 - EURm 2022 2026 12% 400+m Revenue (vs. 261m in 2022) 40% 60% 88% 100+m EBITDA adj. (vs. 50m in 2022) Consumer Telco Other 1) Including Linkem
Slide 17: Capital Increase details
Capital Increase details 17 Investor Presentation – May 2023
Slide 18: Rights issue overview
Rights issue overview EUR 25m approved by BoD Approved rights issue for up to EUR 25.1m by Board of Directors Issue price of EUR 0.5 (8% discount to TERP1) – 22% dilution Key financing pillar for business plan funding Key figures - EUR 0.5 50m New shares 25m Issue price issued2 Issue size (8%
Slide 19: Thank you!
Thank you! 19 Investor Presentation – May 2023