Atp Yazilim Ve Teknoloji As · BIST:ATATP
Atp Yazilim Ve Teknoloji As — ATP Yazılım ve Teknoloji A.Ş. — FY2022 Earnings Presentation
21 slides from Atp Yazilim Ve Teknoloji As's earnings presentation, Mar 7, 2023
Slide 1: ATP Fiscal Year 2022 Results Presentation
ATP Fiscal Year 2022 Results Presentation March 7, 2023
Slide 2: Disclaimer
Disclaimer This presentation contains information and analysis on financial statements as well as forward-looking statements that reflect ATP management’s current views with respect to certain future events. Although it is believed that the information and analysis are correct and expectations refle
Slide 3: Business Update
Business Update Fiscal Year 2022 Results Presentation
Slide 4: Strong Financial Performance Through Solid Execution
Strong Financial Performance Through Solid Execution Q4 2022 2022 Revenue TRY 166.1M 78% YoY TRY 497.6M 99% YoY Gross Profit TRY 78.2M 197% YoY TRY 244.6M 162% YoY Net Operating Profit TRY 27.1M 410% YoY TRY 81.7M 85% YoY EBITDA TRY 42.0M 85% YoY TRY 120.5M 65% YoY Net Income TRY 31.3M 44% YoY TRY 1
Slide 5: Balanced Revenue Distribution Contribution to Performance
Balanced Revenue Distribution Contribution to Performance1 Revenue Distribution Revenue Distribution Domestic & International 2022 By Business Area REVENUE 313.2M 315.7M 63,4% 497.6M 62,9% YoY %86,0 YoY 85.4M 17,2% %148.0 36,6% YoY 19,9% %97,9 99.0M 181.9M YoY %160,7 YoY %48.7 Revenue Distribution T
Slide 6: Higher Predictability with MRRs
Higher Predictability with MRRs Q4 ‘22 MRR DISTRIBUTION 56% STEADILY INCREASING MRR (M, TRY) MRR 19% 25% 80 70 Tradesoft Zenia ATP Digital 60 Q4 2022 50 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH 40 TRY 75.5M 45.5% 104.8% YoY 30 20 FY 2022 10 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH TRY 254.5M 5
Slide 7: Unified Value Proposition with Multiple Brands & Subsidiaries
Unified Value Proposition with Multiple Brands & Subsidiaries Delivering High Value to Customers Brands ▪ Focus on mission critical core business applications for select verticals ▪ Rich portfolio of enterprise class technologies & applied structures with strong R&D ▪ Gain of 151 new customers in 20
Slide 8: Zenia Leading Solutions in Global Markets
Zenia Leading Solutions in Global Markets FY 2022 QSR Business Leadership in Hospitality/QSR Revenue Distribution ▪ Added Subway, 2nd largest QSR brand in the world, to solutions portfolio 44,6% 55,4% ▪ Currently, providing solutions to 4 of the Top 20 QSR brands in the world ▪ Continued investment
Slide 9: Investing and Growing With Commercially Viable Solutions
Investing and Growing With Commercially Viable Solutions ATP GSYO / CAPITAL ▪ Corporate VC & Support to technology companies ▪ Strategic focus on AI, robotics (kitchen automation), logistics, fintech, blockchain and IoT. ▪ Initial investment into AtaExpress (TıklaGelsin & Fiyuu) • Value reached 845M
Slide 10: Creating Further Value Through ATP Capital
Creating Further Value Through ATP Capital AtaExpress - Grow locally and expand Internationally, leveraging ecosystem strengths Strong Customer Base; Fast Growth Potential Grow Business of Member Restaurants ▪ Steady growth in Türkiye food delivery ▪ Offload delivery management ▪ Offers; with multip
Slide 11: Tradesoft & ATP Digital Expanding Enterprise Solutions
Tradesoft & ATP Digital Expanding Enterprise Solutions Tradesoft Leading Financial Markets ATP Digital Growing Customer Portfolio ▪ Continued leadership with 51% share of BIST’s trading ▪ Digital transformation of medium-to-large scale volume among direct competitors companies ▪ Sustainable profitab
Slide 12: Operating in High Growth Global IT Markets
Operating in High Growth Global IT Markets Well Positioned for Growth Asia Pacific Markets5 Market 2021 Expected CAGR 2nd Highest Opportunity; A Priority for ATP QSR Market1 USD 635.4B USD 860.0B 6.3% (2026) South America MEA 9% USD 112.5B USD 332.5B 8% Fintech2 19.8% North America (2028) 33% Europe
Slide 13: Guidance for 2023
Guidance for 2023 ▪ Increase presence in international markets 2023 ▪ Continued solid leadership in local market Revenue Continued Opportunity for Revenue Growth ▪ Balanced revenue distribution Growth Around ▪ Sustainable revenue growth through increasing MRRs 85% 2023 ▪ Focus on cost and cash manag
Slide 14: ATP Key Investment Highlights
ATP Key Investment Highlights ▪ Operating in High Growth Segments of IT Market ▪ Exclusive “Strategic IT Partner” ▪ Customer Portfolio of Leading – Global - Brands ▪ Sustainable & Profitable Growth ▪ Strong Value Propositions With Vertical Focus ▪ Leading Technologies Through Continuous Innovation ▪
Slide 15: Financial Performance
Financial Performance ATP Fiscal Year 2022 Results Presentation
Slide 16: Revenue Growth Despite Macroeconomic Challenges
Revenue Growth Despite Macroeconomic Challenges Quarterly Revenues (M, TRY) Annual Revenue (M, TRY) 78.5% 99.4% 497,6 166,1 140,3 93,1 249,5 Q4' 21 Q3' 22 Q4' 22 2021 2022
Slide 17: Revenue Growth By Business Area (M, TRY)
Revenue Growth By Business Area (M, TRY)
Slide 18: Annual Revenue and EBITDA Breakdown
Annual Revenue and EBITDA Breakdown Revenues By Business Ara (M, TRY) EBITDA By Business Area (M, TRY) Revenue Revenue YoY YoY Growth Growth 15,2% 19,9% 99.0M 7,5% 160.7% 21,1% 25.4M 232.9% 63,4% 67,5% 44,5% 62,9% 313.2M 53.7M 86.0% 95.1% 85.4M 29,1% 34,4% 17,3% 17,2% 41.4M 97.9 % 80.6 % 2021 2022 2
Slide 19: Effective Financial Management
Effective Financial Management Net Income (M, TRY) Multiple Upsides In Business Model 73.5% ▪ Extended pandemic measures in China, slowing business, started to ease late 2022 116,7 ▪ USD/TL rate was up 40.2% for 2022 vs. average inflation rate of 72.3% ▪ Price adjustments lagged; most increases are
Slide 20: Strong Balance Sheet and Improved Working Capital
Strong Balance Sheet and Improved Working Capital Summary Balance Sheet (M, TRY) Working Capital/Revenue 31.12.2022 31.12.2021 Δ Cash and cash equivalents 197,4 154,2 28,0% 44,4% Trade receivables 226,2 208,1 8,7% Inventories 12,5 8,1 54,0% Property, plant and equipment 5,4 2,1 156,5% Intangible ass
Slide 21: Thank You
Thank You Ümit Cinali Ceyhan Er Burcu Nergiz CEO CFO IR Manager www.atp.com.tr yatirimci@atp.com.tr
ATP Yazılım ve Teknoloji A.Ş. — FY2022 Earnings Presentation on 6ix