Sensys Gatso Group Ab · OMXSTO:SGG
Sensys Gatso Group Ab — Q1 2025 Earnings Presentation
29 slides from Sensys Gatso Group Ab's earnings presentation, Apr 24, 2025
Slide 1: Sensys Gatso Group AB Interim Report January-March 2025
Sensys Gatso Group AB Interim Report January-March 2025
Slide 2: Table of contents
Table of contents Comments from the CEO 2 Financial results Group 5 Rolling 12 months 8 Cash flow and financial position 10 Significant events and other information 12 Financial Statements and key figures 15 Key Indicator definitions 15 Notes 16 Consolidated statement of comprehensive inco
Slide 3: Comments from the CEO
Comments from the CEO 94% of order intake is recurring revenue in the USA, representing roughly 40% of our Order intake and procurement awards during the worldwide revenue and growing. The business first quarter came in at SEK 192 million compared model we operate in this strategic market through to
Slide 4: Stable margin, increased EBITDA; Financial Outlook
Stable margin, increased EBITDA Financial Outlook Our Gross Margin this quarter was 37%, compared Sensys Gatso has made significant progress in to 38% in Q1 2024. This is lower than our run rate several key areas, including obtaining first margin of 40% and is driven by the relatively large contrac
Slide 5: Financial results Group
Financial results Group Order intake and procurement awards TRaaS Sales Order intake and procurement awards during the TRaaS is recurring revenue from Service and first quarter totaled MSEK 192 compared to MSEK Maintenance within System Sales, and Managed 318 in Q1 2024. The order intake in Q1 is dr
Slide 6: Business segments System Sales and Managed Services
Q1 Segments 2025 System Managed Nature (MSEK) Sales Services Total System Sales 59 59 TRaaS: Service & Maintenance & Licences 36 36 TRaaS: Managed Services 11 46 57 106 46 152 Q1 Segments 2024 System Managed Nature (MSEK) Sales Services Total Business segment System Sales The revenue of the segment
Slide 7: Sales regions
Sales regions in the profit and loss to the amount of MSEK 13 Sales in the European region has increased mainly consists of MSEK 6 translation losses on foreign due to an increased rollout on the Dutch Tender. cash positions in the balance sheet. Sales from the region Americas is lower mainly due to
Slide 8: Rolling 12 months
Rolling 12 months Order intake and Procurement Awards Gross margin The 12-month rolling order intake, including The 12-month rolling gross margin has remained procurement awards, amounted to MSEK 866 stable at approximately 38%. compared to MSEK 992 for the previous quarter. 38% -13% Operating E
Slide 9: EBITDA & EBIT
EBITDA & EBIT The EBITDA for the 12 months rolling amounted to MSEK 74 compared to MSEK 69 at the end of the previous quarter. The EBIT for the 12 months rolling amounted to MSEK 26 compared to MSEK 23 at the end of the previous quarter. 7% 17% Sensys Gatso Group AB | Interim Report January - March
Slide 10: Cash flow and financial position
Cash flow and financial position Cash and available cash Working capital Cash and cash equivalents at the end of the period Working capital movements amounted to totaled MSEK 125 (165). At the end of the period, approximately MSEK 32, including a translation free available cash amounted to MSEK 149
Slide 11: Cash flow from investing activities; Financial position
Cash flow from investing activities Q1 Q1 FY MSEK 2025 2024 2024 Software platforms FLUX, Xilium and Puls 8 8 28 Fixed assets in operations 5 16 57 Other intangible and tangible fixed assets 0 0 5 Investments in Joint Ventures 0 3 4 Total investments 13 27 93 Financial position The Group’s equity a
Slide 12: Significant events and other information
Significant events and other information Significant events during the quarter everyday activities and objectives directly contribute to 2 of those goals. 13 Mar Sensys Gatso extends the East Providence, Rhode Island TRaaS contract by five years, These 2 goals are: number 3 - Good health and well in
Slide 13: Customers, audit and invitation to presentation
traffic accidents and thereby save lives. However, proceed as a shareholder to get an issue handled our solutions not only help save lives by preventing by the AGM. road crashes – our products and services also contribute to the reduction of carbon emissions Audit and lower pollution levels. Our cus
Slide 14: Upcoming financial events
Upcoming financial events Calendar AGM 15 May 2025 Q2 Interim Report January - June 2025 21 August 2025 Q3 Interim Report January - September 2025 20 November 2025 Q4 Year-End Report January - December 2025 26 February 2026 Jönköping, 24 April 2025 Ivo Mönnink Chief Executive Officer Sensys Gatso Gr
Slide 15: Key Indicator definitions
Financial Statements and key figures Key Indicator definitions KPI Definition Gross margin Gross profit as a percentage of net sales Operating profit (EBIT) Profit for the period before net financial items and tax Operating margin (EBIT) Operating profit (EBIT) as a percentage of net sales Operati
Slide 16: Notes: Nature of operations and risks
Notes For more information about the group’s risks, please refer to note 27 of the 2024 Annual Report. Nature of operations There are not considered to be any significant risks Sensys Gatso Group develops, markets, sells and in addition to these. Given the current operates world-leading system solu
Slide 17: Risks and accounting policies
Group operates and may have a material negative also be negatively affected due to political risks and impact on the Group's operations and financial uncertainties. position. Accounting policies Risks related to regulatory compliance and Sensys Gatso Group applies International Financial change R
Slide 18: Revenue recognition and financial assets
is to provide the software and maintain it over a period of time. The revenues are recorded over the contract period. TRaaS: Managed Services The Managed Services department delivers technology, processes violations, issues citations, collects fines and delivers helpdesk support. Revenues are recogn
Slide 19: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income TSEK Q1 2025 Q1 2024 YTD Q1 2025 YTD Q1 2024 FY 2024 Revenue 152,408 124,999 152,408 124,999 631,183 Cost of goods sold -95,637 -78,187 -95,637 -78,187 -389,970 Gross profit 56,771 46,812 56,771 46,812 241,213 Selling expenses -22,784 -23,472 -22,784 -
Slide 20: Consolidated balance sheet
Consolidated balance sheet TSEK 31 Mar 2025 31 Mar 2024 31 Dec 2024 Goodwill 268,041 285,159 286,341 Brand 785 3,357 1,473 Product and software development 113,495 92,011 109,367 Property, plant and equipment 57,450 32,996 37,219 Fixed assets in operations 118,353 104,762 128,091 Deferred tax assets
Slide 21: Changes in equity and cash flow statement
Consolidated statement of changes in equity TSEK Q1 2025 Q1 2024 YTD Q1 2025 YTD Q1 2024 Beginning of period 617,879 635,656 617,879 635,656 Share-based payments costs 0 787 0 787 Comprehensive income Net profit for the period -14,737 -5,887 -14,737 -5,887 Minority interest in subsidiaries 0 691 0 6
Slide 22: Consolidated Segment report
Consolidated Segment report Q1 2025 Q1 2024 System Managed System Managed TSEK Sales Services Total Sales Services Total Segment Revenue 107,041 50,424 157,465 88,875 50,809 139,684 Inter-segment transactions -846 -4,211 -5,057 -13,513 -1,172 -14,685 Revenue 106,195 46,213 152,408 75,362 49,637 124,
Slide 23: Key indicators, revenue by nature, EBITDA
Consolidated key indicators TSEK Q1 2025 Q1 2024 YTD Q1 2025 YTD Q1 2024 FY 2024 Operating margin (%) -2.44 -5.55 -2.44 -5.55 3.68 Gross margin (%) 37.25 37.45 37.25 37.45 38.22 Profit margin (%) -9.67 -4.16 -9.67 -4.16 0.90 Equity per share (SEK) 49.79 56.91 49.79 56.91 53.59 Cash flow per share (
Slide 24: Parent company income statement and balance sheet
Parent company statement of comprehensive income TSEK Q1 2025 Q1 2024 YTD Q1 2025 YTD Q1 2024 FY 2024 Revenue 5,014 4,994 5,014 4,994 24,647 Cost of goods sold 0 0 0 0 Gross profit 5,014 4,994 5,014 4,994 24,647 0 Selling expenses 0 0 0 0 0 Administrative expenses -8,980 -8,321 -8,980 -8,321 -35,443
Slide 25: Parent company changes in shareholders equity
Parent company statement of changes in shareholders equity TSEK Q1 2025 Q1 2024 YTD Q1 2025 YTD Q1 2024 FY 2024 Beginning of period 567,665 557,020 567,665 557,020 561,614 Profit for the period/Comprehensive income for the period -5,221 -2,401 -5,221 -2,401 -7,391 Stock related remuneration 0 787 0
Slide 26: Quarterly data
Quarterly data Consolidated statement of income TSEK Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Revenue 152,408 197,741 140,994 167,449 124,999 220,694 156,974 Cost of goods sold -95,637 -126,019 -88,401 -97,363 -78,187 -128,870 -97,128 Gross profit 56,771 71,722 52,593 70,086 46,812 91
Slide 27: Consolidated segment data
Consolidated segment data Segment Order intake & Procurement Awards Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Order intake System Sales 73,394 161,109 69,900 142,117 43,518 212,266 123,374 Order intake Managed Services 119,000 0 25,000 275,500 274,800 0 22,000 192,394 161,109 94,900 41
Slide 28: The Sensys Gatso share
The Sensys Gatso share The number of shares at the end of the period amounted to 11,530,358 (11,530,358). A reversed share split of 1:80 was resolved by the AGM on May 15th 2023. Historical share numbers have been recalculated based on the reversed share split. The table below shows the ten largest
Slide 29: Purpose, Vision and Strategy
Purpose, Vision and Strategy Our Purpose Our Vision People make mistakes. Our vision is to be an innovator in traffic And those mistakes have consequences. management by providing software and services Dramatic consequences. for a safer and more sustainable environment. Each day, over 3,500 people d