JDC Group AG · XETR:JDC
JDC — Q1 2021 Earnings Presentation
15 slides from JDC's earnings presentation, May 12, 2021
Slide 1: Earnings Call Q1 2021: Inflection point passed
EARNINGS CALL Q1 2021: Inflection point passed Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) JDC Group AG 12. Mai 2021 1
Slide 2: JDC's Earnings Call presented by
JDC‘s Earnings Call presented by Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) Responsible for Strategy, Sales, Responsible for IT, Operations and Products, IR/PR & Data Security Finance JDC Group AG 12. Mai 2021 2
Slide 3: Platform technology
Platform technology MAKING GERMAN INSURANCE DIGITAL JDC‘s platform is a market leader for the administration and processing of financial products and the #1 for insurance contracts. Currently there are 3.4M contracts on the platform. Direct Clients Next to increasing back office efficiency thr
Slide 4: Q1 2021 Highlights
Q1 2021 HIGHLIGHTS • Q1 2021 within guidance, despite COVID lockdown in Germany and Austria Turnover • Turnover growth first quarter 2021 + 14.4% to 36.0m EUR +14% • EBITDA rises from 2.2 to 2.8m EUR (+29.3%) • Long term double digit growth path 36.0M 31.4M Historical development turnover and EBITDA
Slide 5: Composition of turnover growth & turnover
Composition of turnover growth & turnover Turnover development Q1 2021 Turnover split Q1 2021 1.2M 0.1M 1.2M +16.7% -8.6% 3.8% 2.4M +20.4% IFA business +12.0% 23.0% 36.0M Major 31.4M customers 73.2% Direct clients Q1 2020 IFA Major Direct Q1 2021 Advisory business customers customers Very satisfiyin
Slide 6: Q1 2021 in numbers – Group
Q1 2021 Q1 2021 IN NUMBERS – GROUP in million EUR Q1 Q1 Q1 2021 Turnover 2021 2020 vs. Q1 2020 14.4% Revenues 36.0 31.4 14.4% 31.4M 36.0M à Advisortech 30.6 27.1 12.9% à Advisory 8.3 7.1 16.7% Q1 2020 Q1 2021 à Holding/IC -2.9 -2.7 -5.1% EBITDA Gross profit margin 9.9 8.9 11.0% 29.3% EBITDA 2.8 2.2
Slide 7: Q1 2021 in numbers – Advisortech
Q1 2021 Q1 2021 IN NUMBERS – ADVISORTECH ADVISORTECH Q1 Q1 Q1 2021 Turnover 2021 2020 vs. Q1 2020 12.9% Revenues 30.6 27.1 12.9% 27.1M 30.6M Gross profit margin 7.9 7.1 11.8% Depreciation and amortization -0.8 -0.9 6.2% Q1 2020 Q1 2021 Personell expenses -3.2 -3.0 -8.3% EBITDA Other operating expens
Slide 8: Growth contribution in the Advisortech segment
Growth contribution in the Advisortech segment IFA business Major customers Direct Clients raises from 20.0m to 22.4m raises from 5.9m to 7.0m Is churning slower than +12.0% the amortization +20.4% -8.6% 20.0M 22.4M 5.9M 7.0M 1.3M 1.2M Q1 2020 Q1 2021 Q1 2020 Q1 2021 Q1 2020 Q1 2021 Very satisfying
Slide 9: Q1 2021 in numbers – Advisory
Q1 2021 Q1 2021 IN NUMBERS – ADVISORY ADVISORY Q1 Q1 Q1 2021 Turnover 2021 2020 vs. Q1 2020 16.7% Revenues 8.3 7.1 16.7% 7.1M 8.3M Gross profit margin 2.2 2.0 8.7% Depreciation and amortization -0.2 -0.2 -16.2% Q1 2020 Q1 2021 Personell expenses -0.9 -0.9 3.1% EBITDA Other operating expenses -0.9 -0
Slide 10: Q1 2021 Further Facts
Q1 2021 FURTHER FACTS Cash & Liabilities Bond 2019/2024 Development of share price 14.2M - 19.4M - 5.2M Quote: 103.50 EUR (May 11, 2021) Share price: 12.20 EUR (May 11, 2021) Interest Cash on Net cash hand bearing position Volume: 25,000,000 EUR 505.202 own shares liabilities coupon: 5.5% p.a Purcha
Slide 11: iCRM voted best broker platform; TOP 100 Innovator 2021
ICRM - voted as best broker platform of all broker pools JDC - voted as TOP 100 Innovator 2021 JDC Group AG 12. Mai 2021 11
Slide 12: New platform features & backend automation
New platform features & backend automation NEW FEATURES FURTHER AUTOMATION NEW Easy GAP Analysis Tools Focus on - Disability Insurance further backend - Care Insurance automation - Pension Plans with focus on process quality Turnover per employee segment and process NEW Advisortech (in kEUR) efficie
Slide 13: Guidance 2021 & Q1 Achievements
Guidance 2021 & Q1 Achievements Guidance 2021 Q1 / Achievements so far Turnover Turnover 135 to 142 million 36 million EBITDA EBITDA > 7 million 2.8 million • Successfully onboard Provinzial and the first savings banks à ongoing • Add further major customers à Mediolanum, Finanzguru, Provinzial • Ro
Slide 14: Thank you for your attention!
Thank you for your attention! JDC Group AG 12. Mai 2021 14
Slide 15: Disclaimer
Disclaimer This presentation does not address the investment objectives or financial situation of any particular person or legal entity. Investors should seek independent professional advice and perform their own analysis regarding the appropriateness of investing in any of our securities. While JDC