Bittnet Systems Sa · BVB:BNET
Bittnet Systems Sa — Investor Presentation (November 2020)
23 slides from Bittnet Systems Sa's investor presentation, November 2020
Slide 1: IR Presentation November 2020
IR PRESENTATION November 2020
Slide 2: Table of Contents
Table of Contents 1. Investment Snapshot 3 2. Business Overview 5 3. BNET Evolution 13 4. Key Indicators 19 5. Contact Details 23
Slide 3: Investment Snapshot
upgraded Investment Snapshot bittnet group
Slide 4: Investment Snapshot
Investment Snapshot Only IT company listed on Main Market Improving financial results In April 2015, Bittnet (ticker: BNET) was the first In the extraordinary business context of H1 2020, the IT company to list on Bucharest Stock Group recorded a turnover of RON 55.1 million, up 39% Exchange’s AeRO.
Slide 5: Business Overview
upgraded Business Overview bittnet group
Slide 6: Bittnet's History
Bittnet’s History Founded in 2007 by brothers Mihai and Cristian Logofatu, changed its status to a joint stock company (SA) following an increase in share Bittnet Shareholding Structure capital using profits generated in 2008. In 2012, Bittnet received a capital infusion from la Răzvan Căpățînă, in
Slide 7: Executive Management
7 Executive Management MIHAI LOGOFĂTU ADRIAN STANESCU CEO & Founder Bittnet Group CFO Bittnet Group CRISTIAN HERGHELEGIU DAN BERTEANU VP Technology Bittnet Group & VP Education Bittnet Group & CEO Dendrio CEO Bittnet Training IULIAN MOTOI DIANA ROSETKA CEO ELIAN Solutions Managing Partner Equatorial
Slide 8: Board of Directors & Advisory Committees
8 Board of Directors & Advisory Committees On January 2020 Bittnet shareholders have approved the establishment of the Board of Directors, consisting of three members. The elected members of the Board of Directors are: MIHAI LOGOFĂTU CRISTIAN LOGOFĂTU LUCIAN ANGHEL President of the Board Board Membe
Slide 9: Business Structure
Business Structure Technology Division - focused on IT integration services. Education Division - focused on IT training, segment This activity has a shared products, services and where Bittnet is a market leader, and any other solutions portfolio and a larger team that allows for education-based in
Slide 10: IT Training
IT Training ➢ Bittnet Training is the IT training market leader in Romania, with approximately 20 years of experience and the largest team of trainers in Romania. Throughout the years, the company has delivered more than 50,000 hours of IT training and currently has one of the most comprehensive and
Slide 11: IT Solutions
IT Solutions Division resulting from a merger of Bittnet and its IT Dendrio is one of very few companies certified in Romania at the solutions division with GECAD NET (today Dendrio), a Microsoft Licensing Solution Provider level - the highest level of company specialized in commercializing and cert
Slide 12: Examples of IT integration projects
Examples of IT integration projects ➢ Installation and continuous management of over 1,500 wireless access points in all Carrefour and BILLA shops in Romania. ➢ Developing telepresence solution (video conferencing 4k) for connecting UiPath’s offices from 3 different continents. ➢ Providing and insta
Slide 13: BNET Evolution
upgraded BNET Evolution bittnet group
Slide 14: BNET share price evolution
BNET share price evolution ➢ BNET shares were admitted to the Regulated Market of BVB on June 3rd, 2020. ➢ BNET shares were included in the BET-XT, BET-BK and BET-Plus indices on September 2020. ➢ In the first half of 2020 a total number of 23,985,975 shares were traded, with a total value of RON 23
Slide 15: BNET Share Price
BNET Share Price The dynamics of the BNET share price was, in the first half of 2020, in line with the evolution of the Romanian capital market and connected to the international events that marked the beginning of the year. As in all the previously analyzed periods, however, the investment in BNET
Slide 16: BNET liquidity – equity and debt
BNET liquidity – equity and debt ➢ Currently the company has 4 issuances – BNET22, BNET23, BNET23A and BNET23C all listed on the BVB ATS-Bonds market. ➢ The number of BNET22 bonds that changed holders in the first half of 2020 was 6868 instruments, representing 15.26% of the total issue. ➢ In H1 202
Slide 17: Key developments timeline
Key developments timeline Profit Rebranding capitalization April 2018 – Rebrands GECAD Crescendo M&A bonds Listing on AeRO August 2016 - NET to Dendrio – first multi- cloud integrator in Romania. December 2018/January March 2015 - Lists on AeRO, Capitalizes profit of 2019 – Attracts €4 company attra
Slide 18: M&A track record and plans
M&A track record and plans Bittnet Group has an M&A track record, having acquired 100% stake in GECAD NET (currently known as Dendrio) in September 2017, 51% in ELIAN Solutions in July 2018 and 25% stake in Equatorial Gaming in 2018 (now the stake reached 45% following further investments) and the I
Slide 19: Key Indicators
upgraded Key Indicators bittnet group
Slide 20: H1 2020 Results
H1 2020 Results RON 55.1 m turnover (+39% vs H1 2019) RON 10.9m margin (183% vs H1 2019) RON 2.4m operating profit +RON 6m vs H1 2019
Slide 21: What's next? Turnover target 100,000,000 EUR
What’s next? CEE Capital Organic accelerated growth + growth Raising M&A Turnover target: 100.000.000 EUR
Slide 22: Historical Results
Historical Results RON '000 Revenue Oper. Net Profit CashFlow Oper. Cash Flow Assets Cash Shr. Equity Mkt. Cap. Profit 2014 8,180 582 115 394 792 5,428 813 865 7,896 2015 9,993 1,608 889 471 2,195 8,253 3,008 1,920 8,108 2016 13,667 1,929 870 (1,768) (652) 10,446 2,355 3,100 21,418 2017 27,682 2,743
Slide 23: IR Contact
IR Contact: HQ: Cristian Logofatu Plaza Romania Offices, 1st floor Co-Founder & Board Member Blvd. Timisoara 26 investors@bittnet.ro Sector 6, 061331 Bucharest, Romania www.bittnet.ro
Bittnet Systems — Investor Presentation (November 2020) on 6ix