Slide 1: 9M Results Investors Presentation
9m Results Investors Presentation Diego Cabezudo CEO NOVEMBER 2019
Slide 2: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gigas”, the “Company“ or the “Gigas Group"). This Information
Slide 3: Gigas' Timeline
Gigas’ Timeline Leading provider of cloud computing services in Spanish-speaking markets
Slide 4: Some Companies Hosted at Gigas
Some Companies Hosted atAbout Gigas Gigas 4
Slide 5: 9M 2019 Key Highlights
9M 2019 Key Highlights Growth continues, 9M19 gross revenues up 18.9% YoY and net revenues up 20.0% EBITDA in 9M19 double than the same period last year and reaching €1.89 million, before M&A and stock options Cloud Datacenter customers continue to grow, reaching 776, 8.7% more than a year ago AHP,
Slide 6: Revenues 9M19
Revenues 9M19 About Gigas • Revenues continue to grow well and expected to grow further linked to new acquisition (not impacting 9m results) • However, revenues slightly below budget due mostly to the loss of a partner and its customers, also affecting Cloud Datacenter ARPU Gross Revenues Net Revenu
Slide 7: EBITDA
EBITDA About Gigas • Slightly higher than budgeted EBITDA in the quarter, reaching €1.89M, due to cost efficiencies and synergies from last year acquisitions. • Excluding M&A related costs and non-cash costs linked to stock options plans (increased this year due to extension of Executive Plan for an
Slide 8: 2019 YTD Results Compared to 2018 and Budget
2019 YTD Results ComparedAbout Gigas to 2018 and Budget CONSOLIDATED INCOME STATEMENT 2019 2019 2019 2019 2018 2019 budget Figures in EUR JAN-MAR APR-JUN JUL-SEP JAN-SEP % Chg. JAN-SEP % Chg. JAN-SEP Gross sales 3,036,615 2,720,237 2,756,073 8,512,926 18.9% 7,160,321 (1.3%) 8,627,198 Accrued sales (
Slide 9: Customer Figures
Customer Figures About Gigas • Cloud VPS customers reached 2,930 at the • Cloud Datacenter ARPU decreased in 9M’19 end of September 2019, 313 less than a year to €1,135/mo. (€1,168 in 9M’18) due mainly to earlier, but in line with Gigas’ strategy of the loss of a partner and its customers focusing o
Slide 10: Inorganic Growth
Inorganic Growth • Gigas marked its third acquisition at the end of October, adding AHP, a Portuguese cloud service provider, to the Group. • Gigas enters the growing Portuguese cloud market, adds two datacenter to its footprint and better positions itself to serve large partners with presence in bo
Slide 11: Datacenter Footprint
Datacenter Footprint • Two new datacenters added to the Gigas’ network, inherited from the AHP acquisition: Lisbon and Porto • Getting IT infrastructure close to the customer is key for technical and regulatory reasons • In-country datacenter is a relevant selling point and differentiator when compe
Slide 12: 2019 Budget
2019 Budget 2019 CONSOLIDATED BUDGET EUR Q1 Q2 Q3 Q4 2019b Gross sales 2.766.364 2.885.117 2.975.718 3.205.072 1.832.270 Accrued sales (12.351) (9.292) 64.910 (28.217) 15.050 Sales discounts and promotions (312.628) (317.968) (310.054) (336.704) (1.277.354) Own R&D costs capitalised 61.236 59.236 56
Slide 13: FY 2019 Guidance Update
FY 2019 Guidance Update • The Company believes that gross revenues will be in line with budget, given traditional renewal of contracts with annual prepayments in the fourth quarter. Net revenues are expected to be slightly lower than budgeted, at about ~€10.2M (3.5% below budget) • Accounting EBITDA
Slide 14: Market Milestones
Market Milestones • IPO four years ago, November 3rd 2015, at €3.25 per share, raising €4.12M • Inorganic strategy starts in January 2018 and three companies acquired so far, adding €3.5M in revenues • €2.5M convertible bonds issued on April 2018 to finance acquisitions, subscribed by investor Inver
Slide 15: Q&A
Q&A 9M 2019 Results Investors Presentation gigas Diego Cabezudo CEO
Slide 16: Gigas Investor Relations
Diego Cabezudo diego.cabezudo@gigas.com @cabezudo Gigas Investor Relations: investor@gigas.com