Matica Fintec S.p.a. · MIL:MFT
Matica Fintec — Finance Gala & Summit 2022
24 slides from Matica Fintec's conference presentation, May 5, 2022
Slide 1: Matica Fintec S.p.A. Finance Gala & Summit 2022
Matica Fintec S.p.A. Finance Gala & Summit 2022 Sandro Camilleri - CEO 05 May 2022
Slide 2: Matica Fintec at a Glance
Matica Fintec at a Glance Matica Fintec is a global company operating in the design, production, and marketing of technological solutions for governments and financial institutions in the markets of Digital ID and Payments. The group offers a broad portfolio of solutions capable of satisfying custom
Slide 3: Main Product Lines
3 Main Product Lines APPLICATIONS FUNCTIONS PRODUCTS ➢ Credit Cards Issuance Systems with a rapid ➢ Debit Cards development times used for BANKING ➢ Prepaid Cards small volumes of “cards” issued ➢ Digital Payment Apps locally (branch/point of sale) ➢ Biometrics Cards integrated into proprietary SW S
Slide 4: Business Model
Business Model Matica Fintec provides solutions for end users mainly represented by Financial Institutions and Public Entities. R&D & Design The R&D activity is carried out internally by a team of engineers dedicated to development Assembly & Quality Control Step 01 Final assembly of the various com
Slide 5: Stock & Governance
Stock & Governance BOARD OF DIRECTORS BOARD OF STATUTORY AUDITORS Sandro Camilleri – Chairman Roberto Santagostino – Chairman Gabriella Minerva – Director Pietro Broggian – Director Raffaele Fiorella – Auditor Umberto Invidiata – Auditor Gigliola Falvo – Independent Director Massimo Pegoraro – Direc
Slide 6: Reference Markets
Reference Markets
Slide 7: Payment Global Market
Payment Global Market • The Payment market includes the sales of smart cards Payment Global Market ($/bn) and payment services and involves issuers and buyers, card processing and issuing companies, payment processing institutions and non-bank financial 909.1 institutions. 721.9 722.4 • The global S
Slide 8: Digital Identity Market
Digital Identity Market • The e-ID documents market is growing steadily. Global ID card printer market ($/bn) This reflects countries’ growing needs for identification documents (virtual and physical domains) that incorporate the best available security standards while containing as much information
Slide 9: Digital ID market: HW, SW and PKI
Digital ID market: HW, SW and PKI • In the last decade, the number of digital exchanges has increased exponentially, consequently the idea of a digital identity card valid for physical and virtual domains has become a reality for millions of people and a prerogative for governments worldwide. • Con
Slide 10: SW – Security and PKI
SW – Security and PKI What is the role of PKI in ID Card? The Digital Certificate PKI is the security bridge between the physical and the digital words. It is the Digital ID for the physical ID.
Slide 11: Example: Government E-ID
Example: Government E-ID • PKI stands for Public Key Infrastructure • It is a standards-based system to bind an identity to a cryptographic key • Cryptography is a mathematical process of encryption and decryption which is the strongest security mechanism available to us today and into the future •
Slide 12: Matica Peer Group
Matica Peer Group The competitive landscape in which Matica Fintec operates is relatively concentrated, with few global players and some minor local competitors COMPETITORS ID SOLUTIONS DESKTOP (Identity Document) FINANCIAL CARDS ID CENTRALIZED (Identity Document) SOLUTIONS
Slide 13: Results FY2021
IANATICA FINT=C Results FY2021
Slide 14: Matica Fintec Financial Highlights
Matica Fintec Financial Highlights €14.5 €3.3 22.6% mln mln REVENUES EBITDA EBITDA MARGIN €2.0 €1.2 €1.8 mln mln mln EBIT NET INCOME NET FINANCIAL POSITION
Slide 15: Focus Revenues
Focus Revenues Revenues (€/mln) 14.3 14.5 12.0 2019 2020 2021 • In 2021, Revenues stands at € 14.5 million compared to € 12.0 million in 2020 (+21% YoY), in a pandemic environment characterized by great difficulties at global level. The double-digit growth in turnover confirms the positive trend tha
Slide 16: Revenues Breakdown
Revenues Breakdown Breakdown by Product €14.3 mln €12.5 mln €14.5 mln 26.0% 25.7% 29.2% Recurring - Consumables & Oth. Consumables and Spares, the most recurring 55.6% Banking revenues increased in 2021 by almost 14% vs 60.0% 59.9% 2020 High Performance 14.0% 18.7% 10.9% Systems 2019 2020 2021 Break
Slide 17: Focus EBITDA
Focus EBITDA EBITDA (€/mln) EBITDA margin 3.2 3.3 18.0% 22.6% 2.2 22.2% 2019 2020 2021 2019 2020 2021 • In 2021, EBITDA stands at € 3.3 million compared to € 2.2 million in 2020 (+45% YoY); the best EBITDA margin (22.6%), higher than pre-pandemic level, testifies to the Company's high-tech positioni
Slide 18: Focus NFP
Focus NFP NFP (cash) (€/mln) 0.4 (0.8) (1.8) 2019 2020 2021 • In 2021, Net Financial Position returns positive (cash) at €1.8 million, compared to €0.4 million at 31 December 2020, highlighting its financial flexibility to accelerate growth through M&A in line with the company's strategy FY2020 RESU
Slide 19: Strategy & Closing Remarks
Strategy & Closing Remarks
Slide 20: Strategic Guidelines
Strategic Guidelines Matica Fintec pursues the objective of diversifying/completing its offer on the market and increasing its international presence in the Digital ID and Secure Payment markets, the following strategic lines: Strengthening of Growth for M&A by Research & horizontal and vertical Dev
Slide 21: R&D Activity
R&D Activity In compliance with the strategic guidelines communicated during the IPO, the Company confirms the use of part of the resources for the development of new technologies and solutions for both the Payment and Digital ID markets. Investments are aimed at consolidating the technological posi
Slide 22: M&A Activity
M&A Activity As part of the growth strategy by external lines, the management of Matica Fintec is scouting potential target companies in order to identify the company(s) that can bring greater value and synergies. The potential profiles concern the following specializations: • Digital ID • PKI • EMV
Slide 23: Key Investment Highlights
Key Investment Highlights Company with a complete proprietary range of centralized and decentralized issuing systems Exposure to growing markets for digital identity and payments International footprint with a widespread presence in the major foreign markets, thanks to an extensive distribution netw
Slide 24: Thank You!
Thank You! Grazie! Vielen Dank! Merci! ¡Muchas gracias! Muito Obrigado Спасибо! ! شكرا ありがとう! 谢谢! 謝謝! Terima kasih!