Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa — Q3 2023 Earnings Presentation
11 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, 2023
Slide 1: Teknosa 3Q 2023 Earnings Results Presentation
TEKNOSA 3Q 2023 EARNINGS RESULTS PRESENTATION
Slide 2: Disclaimer
Disclaimer The information and opinions contained in this document have been compiled by Teknosa İç ve Dış Ticaret A.Ş. (“Teknosa”) from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctne
Slide 3: Turkey's Most Widespread and Reliable Technology Partner
Turkey’s Most Widespread and Reliable Technology Partner A Digital CE Retail Platform with Physical Growth Across all Key Indicators Presence & Unique Customer Experience Transforming from a “traditional retailer” to “Phygital” 26x SKU increase Broad tech offering and unique customer to 133K MP/Tekn
Slide 4: Market demand remained strong despite macro headwinds
Market demand remained strong despite macro headwinds Market Revenue Growth* Demand Growth by Categories* Billion TL Y-o-y% 174% 155% %107 301 %114 120% 70 111% 110% 94% 95% 100% 87% 91% 145 33 Consumer 2022/8 2023/8 2022/8 2023/8 Home Appliances (SDA) White Goods (MDA) (incl. A/C) Information Techn
Slide 5: 3Q Financial Results
3Q FINANCIAL RESULTS Teknosa | Genel (Halka Açık) | Public
Slide 6: Teknosa continued its robust topline growth in the third quarter
Teknosa continued its robust topline growth in the third quarter (Million TL) Revenues E-Commerce Gross Merchandise Value Revenue by Sales Channels (GMV) +130% +211% 24,861 4,963 5% 10% +129% 10,409 +197% 2,064 10,789 85% 1,598 4,539 696 Retailing constitutes 95% 3Q22 3Q23 9M22 9M23 3Q22 3Q23 9M22 9
Slide 7: Sustainable growth in profitability thanks to effective expense management
Sustainable growth in profitability thanks to effective expense management (Million TL) Opex/Sales EBITDA Net Income Productivity efforts and OpEx control +127% 2,121 +78% 50bps 30bps improvement 591 improvement 10.1% +145% 9.7% 9.6% +108% 9.4% 950 293 937 332 387 141 3Q22 3Q23 9M22 9M23 3Q22 3Q23 9
Slide 8: Maintained focus on healthy balance sheet
Maintained focus on healthy balance sheet Net Working Capital (TL Mn) CAPEX (TL Mn) Inventories Trade Receivables Trade Payables +214% +137% 294 6,685 5.169 4.095 3,536 309 652 496 94 2.511 4,248 528 264 4.668 8,293 5.536 2.790 -403 9M22 9M23 -956 9M22 9M23 NWC/ -3.0% -3.0% CAPEX/ 0.9% 1.2% Revenues
Slide 9: Record high free cash flow driven by strong operating cashflow generation
Record high free cash flow driven by strong operating cashflow generation (Million TL) Free Cash Flow Net Cash (TL Mn), Cash Currency (TL Mn) excl. IFRS 16 Breakdown +243% +153% 1,389 1,878 19% 496 743 81% 405 9M22 9M23 9M22 9M23 9M23 Hard Currency TL 9
Slide 10: 9M 2023 Results Key Takeaways
3Q2023 9M 2023 Results Key Takeaways HIGHLIGHTS Ongoing demand despite challenging macro conditions Omnichannel structure delivered solid results Growth in all key metrics achieved with successful management and execution capabilities Continued focus on digitalisation and technology investments, cos
Slide 11: Q&A
Q&A Investor Relations e-mail yatirimciiliskileri@teknosa.com Teknosa | Genel (Halka Açık) | Public