Bursa De Valori Bucuresti · BVB:BVB

Bursa De Valori Bucuresti — Q1 2024 Earnings Presentation

14 slides from Bursa De Valori Bucuresti's earnings presentation, 2024

  1. Slide 1: Quarterly Results Q1 2024

    BUCHAREST STOCK EXCHANGE BVB 1024 Quarterly Results Own the future. Invest in it.

  2. Slide 2: BVB vs BET index (5 years, rebased)

    BVB vs BET index (5 years, rebased) 350 325 BVB BET index 300 275 250 225 200 175 150 125 100 75 50 Feb-19 Feb-20 Feb-21 Feb-22 Feb-23 Feb-24

  3. Slide 3: Highlights – Q1 Financials

    Highlights – Q4 Financials Consolidated Q1 24 vs Q1 23 (RON mn) Standalone Q1 24 vs Q1 23 (RON mn) +34% +28% Standalone operational performance driven by revenues growth 17.3 12.9 9.1 7.1 across all lines: trading fees +40%, issuer fees +13% and market data +38% Operating revenues Operating revenues

  4. Slide 4: Quarterly financial trends 1Q22–1Q24

    15.52 6.09 4.89 3.77 2.68 2.67 5.67 5.16 2.02 4.35 2.87 3.42 1.24 2.78 2.60 2.11 0.69 0.12 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 5.58 350 4.08 258 3.80 3.84 11.73 180 189 152 165 2.17 2.29 6.89 1.80 5.40 124 1.73 1.68 99 92 3.27 3.66 1.33 1.30 1.94

  5. Slide 5: Key updates

    STOCK EXCHANGE Key updates 3 BUCHAREST + BVB shareholders elect new Board of Directors, including 5 new board members. The new Board was approved by the regulator in Q1 2024. * Primary markets = Rising interest towards bond financings (two municipal bond issuances & record subscription in Govt bond

  6. Slide 6: Operating margin and income statement summary

    9.14 7.14 28% 17.25 12.86 34% (7.09) (5.46) 30% (15.00) (11.89) 26% 2.05 1.68 22% 2.25 0.97 132% Operating margin 22% 24% 13% 8% 0.48 0.17 177% 1.27 1.14 11% 2.53 1.85 37% 3.52 2.11 66% 2.15 1.53 40% 2.96 1.76 68% 23% 21% 17% 14% 0.2665 0.1902 40% 0.3649 0.2267 61% 2% 1% 2% 1%

  7. Slide 7: BVB standalone main financial indicators, Q1 '24 vs. Q1 '23 and Q4 '23

    BVB standalone BVB standalone Main financial indicators Q1 '24 vs. Q1 '23 Main financial indicators, Q1 '24 vs. Q4 '23 9.14 (RON mn) (RON mn) 13.69 7.09 7.14 9.15 9.34 5.46 7.09 4.34 2.15 3.56 2.05 1.68 2.05 2.15 1.53 Q1 2024 Q1 2023 Q1 2024 Q4 2023 Operating revenues Operating expenses Operating pr

  8. Slide 8: BVB Group main financial indicators, Q1 '24 vs Q1 '23

    BVB Group Main financial indicators, Q1 '24 vs Q1 '23 Main financial indicators, Q1 '24 vs. Q4 '23 (RON mn) (RON mn) 17.25 22.90 15.00 18.79 12.86 17.25 11.89 15.00 2.96 4.11 4.20 2.25 1.76 2.26 2.97 0.97 Q1 2024 Q1 2023 Q1 2024 Q4 2023 Operating revenues Operating expenses Operating profit Net prof

  9. Slide 9: Trading, post-trading and registry segments Q1 2024

    • 10.00 9.07 2.50 2.06 1.96 8.00 7.07 • 2.00 5.72 1.46 6.00 1.50 3.76 4.00 1.00 0.71 2.47 2.04 2.00 0.33 0.40 0.50 - 0.00 Trading segment Post-trading segment Registry segment • Trading segment Post-trading segment Registry segment Q1 2024 Q1 2023 Q1 2024 Q1 2023

  10. Slide 10: Q1 2024 operating expenses breakdown

    Audit services, 8% Commissions & 2.57 fees, 12% 1.90 1.01 0.62 Other third party services, 40% 3.51 2.94 Promotion activities, 18% Q1 2024 Q1 2023 Personnel costs & Directors' fees Third party services BD services, 22% Other operating expenses Rent and Other office… expenses, 16% IT maintenanc e and

  11. Slide 11: Operating expenses breakdown (group)

    Audit services Consultancy services 12% expenses… Commissions & fees 4.99 10% 2.06 3.99 1.39 Promotion 7.95 activities 6.51 7% Other third party Q1 2024 Q1 2023 services… BD services 11% Other expenses, Rent and office 14% utilities, 12% IT maintenance and service, 12% Marketing (incl. travel&protoc

  12. Slide 12: Overview of the financial position as of March 31, 2024

    Overview of the financial position as of March 31, 2024 Financial position, BVB standalone and BVB Group (RON mn, unless otherwise stated) BVB standalone GROUP Mar. 2024 Dec. 2023 Mar. 2024 Dec. 2023 Non-current assets 113.12 108.36 105.30 99.38 Current assets 37.24 36.84 140.26 138.76 Total assets

  13. Slide 13: Dividend/share and dividend yield

    70.00 0.30 3.50 60.00 0.25 3.00 8% 50.00 0.20 2.50 6% 40.00 2.00 4.3% 0.15 3.5% 30.00 1.50 3.3% 4% 0.10 2.7% 2.4% 20.00 1.00 10.00 0.05 1.29 1.56 2% 0.50 0.81 1.07 0.96 - - 0.00 0% 2018 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 Average trading value (RON mn) Closing price Dividend/share

  14. Slide 14: IR Contact

    IR Contact: Remus Danila Head of IR and Business Development ir@bvb.ro M: +40 745 013 552 P: +40 21 307 95 07 BUCHAREST Thank you This presentation is made solely to the intended recipient and should not be distributed to, or acted upon by, any other person. Itis for general information only and ref

Bursa de Valori București (Bucharest Stock Exchange) — Q1 2024 Earnings Presentation on 6ix