Asseco Business Solutions Sa · GPW:ABS
Asseco Business Solutions Sa — Q3 2024 Earnings Presentation
14 slides from Asseco Business Solutions Sa's earnings presentation, Nov 1, 2024
Slide 1: Asseco Business Solutions
Asseco Business Solutions We design IT systems for business www.assecobs.pl
Slide 2: Financial results for Q3 2024
Financial results Asseco Business Solutions for Q3 2024
Slide 3: Revenues of Asseco Business Solutions after Q3 2023 v. Q3 2024
Revenues of Asseco Business Solutions after Q3 2023 v. Q3 2024 274,233 302,898 + 10.5% 268,095 237,891 + 12,7 % 36,342 34,803 - 4.2 % Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Revenues total Poland Abroad *in PLN thousand
Slide 4: Other results after Q3 2023 v. Q3 2024
Other results of Asseco Business Solutions after Q3 2023 v. Q3 2024 EBIT 76,609 83,471 EBITDA + 9.0% 103,160 113,435 + 10.0% after Q3 2023 after Q3 2024 Net profit after Q3 2023 after Q3 2024 65,548 74,796 + 14.1% * data in PLN thousand after Q3 2023 after Q3 2024
Slide 5: Results after Q3 2023 v. Q3 2024 – by operating segments
Results of Asseco Business Solutions after Q3 2023 v. Q3 2024 – by operating segments Receipts from sales EBITDA 286,916 258,860 + 10.8% 111,505 + 9.7% 101,634 15,373 15,982 1,526 1,930 + 4.0% + 26.5% Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 ERP Other ERP Other *in PLN thousan
Slide 6: Revenues of Asseco BS after Q3 2024 – by sectors
Revenues of Asseco BS after Q3 2024 – by sectors Banking and finance 7,877 Public sector 17,585 Enterprises 92% 277,436 *in PLN thousand
Slide 7: Results of Asseco BS Q3 2023 v. Q3 2024
Results of Asseco BS Q3 2023 v. Q3 2024 Receipts from sales EBITDA 101,578 97,606 + 4.1% 39,333 41,042 + 4.3% Q3 2023 Q3 2024 Q3 2023 Q3 2024 EBIT Net profit 30,342 30,782 25,759 27,670 + 1.5% + 7.4% Q3 2023 Q3 2024 Q3 2023 Q3 2024 * data in PLN thousand
Slide 8: Backlog of Asseco BS at end of Q3 2024
Backlog of Asseco BS at end of Q3 2024 Asseco BS backlog for 2024: 98.0% (PLN 373.3 M) of sales in 2023. Previous year’s backlog was 96.2 % (PLN 325.5 M) of sales in 2022. 380.9 373.3 338,5 325.5 + 12.5% + 14.7% Sales 2022 Backlog 2023 Sales 2023 Backlog 2024 * data in PLN million
Slide 9: Profitability historically (since 2021)
Profitability historically (since 2021) margins margins margins margins Q1-Q3 2021 2022 2023 2024 EBIT 29.1% 28.2% 27.9% 27.6% EBITDA 38.5% 37.6% 37.6% 37.4% net profit 23.8% 23.6% 23.9% 24.7% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 20
Slide 10: Cash flow for Q3 2024
Cash flow for Q3 2024 Operating activities Cash 91.0 as at 31 Dec 2023 53.0 Amortisation/ Cash depreciation as at Received 30 Jun 2024 30.0 Investing loans 7.3 Change in activitie Balanc 20.4 working s elong- of Dividend Financial Income capital + acq. of deposits term . paid lease tax own shares 0.
Slide 11: Liquidity at end of Q3 2024
Liquidity at end of Q3 2024 7,252 Cash and short-term deposits due above 3 mths 20,431 Balance of loan-related debt 70,000 Maximum debt limit in credit line 0.9 Current ratio (current assets/current liabilities)** *data on cash in PLN thousand ** Ratio calculated excluding liabilities arising from t
Slide 12: Dividends - overview
Dividends - overview Year Net profit Dividend 2007 13,949 0 2008 24,122 - 14,036 2009 22,427 - 25,064 2010 30,092 - 30,076 2011 29,834 - 32,081 2012 26,532 - 26,400 2013 26,828 - 26,734 2014 28,571 - 28,406 2015 33,509 - 33,418 2016 42,446 - 42,441 2017 47,283 - 43,444 2018 62,569 - 50,127 2019 73,4
Slide 13: Quotations after 1 Jan 2024
Quotations after 1 Jan 2024 Indicators as at 18 October 2024 Capitalisation: PLN 1,871.4 M - 2.8% Price/profit: 17.95 Price/balance sheet value: 5.55 * source: Money.pl * source: https://inwestinfo.pl
Slide 14: Thank you for your attention
Thank you for your attention assecobs.pl
Asseco Business Solutions — Q3 2024 Earnings Presentation on 6ix