Netgem Sa · EURONEXT:ALNTG
Netgem Sa — Gilbert Dupont Forum 2023
26 slides from Netgem Sa's conference presentation, May 25, 2023
Slide 1: Momentum
Momentum Gilbert Dupont Forum May, 25 2023 2022 Results - 31 MARCH 2023 I 1
Slide 2: Agenda
Agenda 01. 2022 TAKEAWAYS 02. 2022 RESULTS 03. 2023 GUIDANCES 04. Q&A SFAF MEETING - 31 MARCH 2023 2
Slide 3: 2022 Takeaways
2022 Takeaways Mathias Hautefort, CEO SFAF MEETING - 31 MARCH 2023 3
Slide 4: Our mission: the digital entertainment
Our mission : the digital entertainment Netgem's mission and ambition is to simplify the lives of their customers and telecom operator partners, allowing them to focus on what matters most : broadband service roll-out. Netgem platform is a key intermediary for creating added value between content pu
Slide 5: What makes us unique
What makes us unique Our technology has been a CSR approach at each established in the digital stage of operations entertainment market for 25 years A team of video experts comprising more than 70 Over 600,000 people Our business model is subscribers flexible and recurring, as B2B or B2B2C and growin
Slide 6: 2022 in a nutshell: Growth, value sharing, refocus
2022 in a nutshell : Growth, value sharing, refocus +40% subscribers in 2022 to 508K at year-end. Our market and Half a million subs business model dynamics are now confirmed. Aggregates positive This induced growth from top to bottom line & positive free cash flow Refocus on B2B2C Disposal of the Fre
Slide 7: 30 Telco & 100 Content partners trust us
Growth : 30 Telco & 100 Content partners trust us Netgem is supporting more than 30 telecom operators by providing them with the most effective solutions: box, platform, Content as a Service, TV, VOD, SVOD, AVOD and FAST channels. In addition, Netgem gives to 100 content editors a unique opportunity
Slide 8: Major operational achievements of the year
Major operational achievements of the year Launch of TalkTalk TV Launch of ZeopTV 4K best-of-class Create an Extension of the fully-managed by product in the UK with added value agreement with Elisa Netgem (Zeop is #1 unique integration of platform for (Finland) with the independent mobile Sky NowTV
Slide 9: Multifaceted performance
Multifaceted performance HUMAN RESOURCES GENDER PARITY ENVIRONMENT 44 years old average age Green Streaming 27% Reduce energy mode & 9,6 years average women in total headcount seniority Hardware refurbishment & transport mode :reduction of 86% of “CDI” contracts 33% 26% of carbon footprint women in
Slide 10: 2022 Financial Results
2022 Financial Sandrine Alexandre, Results CFO SFAF MEETING - 31 MARCH 2023 10
Slide 11: Strong momentum in 2022
Strong momentum in 2022 This performance is Free cash flow and Strong momentum From top to bottom supported by growth net result group maintained as line, all aggregates of subscribers base share are now both evidenced by H2 are growing. with positive impact positive. compared to H1 2022 on ARR SFAF
Slide 12: All KPIs growing
All KPIs growing From top-line to bottom-line IFRS DATA FY 2022 FY 2021 % CHANGE in million of euros Growing gross profit Revenue 36.3 28.3 +28% combined with cost control enabled a Gross profit 20.1 17.6 +14% significant improvement in EBITDA in FY 2022 (+58%). Opex (13.2) (13.3) 0% EBITA stands at -€
Slide 13: Accelerated growth in H2 2022
Accelerated growth in H2 2022 Growth of revenue and gross profit + Cost control = EBITDA growth 6.8 M€ in 2022 vs 4.3 M€ in 2021 SFAF MEETING - 31 MARCH 2023 I 13
Slide 14: Positive Net Result Group Share
Positive Net Result Group Share IFRS DATA 2022 2021 in million of euros Operating result (2.2) (3.7) Financial result (0.1) (0.1) Taxes 1.0 0.5 Net result 0.1 (1.3) (Group share) Positive net result group share in 2022 SFAF MEETING - 31 MARCH 2023 14
Slide 15: Stable cash position after (growing) dividend
Stable cash position after (growing) dividend Net Cash in m€ (*) Gross cash, excluding IFRS 16 restatment Net cash (excl. IFRS 16) 31/12/2022 4.9M€ vs. 4.4M€ at 31/12/2021. Impact of the sale of the French B2C fiber business in H1 2023 has been taken into account in the financial debt as at end of 202
Slide 16: Value sharing
Value sharing Confident in the Group’s capacity to PEE : All employees will be able to generate cash, the Board will propose benefit through the generalization a dividend distribution of 0.05€ per of the PEE in Netgem shares with a share at the next AGM (vs. 0.03€ in 100% matching contribution by 2022
Slide 17: Enhanced shareholders stability
Enhanced shareholders stability Committed reference shareholder: Sharing value: J2H now owning near 30% Management and employees now owning near 5% SFAF MEETING - 31 MARCH 2023 17
Slide 18: 2023 Guidances
2023 Guidances Mathias Hautefort, CEO SFAF MEETING - 31 MARCH 2023 18
Slide 19: Strategic refocus on B2B2C
Strategic refocus on B2B2C 1 Addressing one market: Operated digital entertainment 2 Focus on platform business: Transitioning hardware to androidTV 3 Streamlined operations: Agile organization and product focus SFAF MEETING - 31 MARCH 2023 19
Slide 20: Innovation roadmap for Netgem Platform
Innovation roadmap for Netgem Platform Ambition to Providing the Extending our harness the essential link partnerships convergence in the with current of cloud-based relationship customers contents (TV, between and winning VOD, Gaming) content-owners new and telcos customers partners SFAF MEETING -
Slide 21: Guidances
Guidances Making our Growth of Continuing Continue to Continue to partners' subscribers improvement share value increase our customers base of our with our ESG’s dream with our exceeding and profitability teams and commitment innovative new ARR exceeding and cash flow shareholders entertainment 25% ge
Slide 22: Q&A
Q&A SFAF MEETING - 31 MARCH 2023 22
Slide 23: Thank you!
Thank you! SFAF MEETING - 31 MARCH 2023 I 23
Slide 24: Appendix
Appendix SFAF MEETING - 31 MARCH 2023 I 24
Slide 25: Cash flow 2022
Cash flow 2022 Netgem's activity generated €6.6 million of cash in 2022, compared with €6.0 million in the previous year, up 10% due to the increase in EBITDA. Capital expenditure of €6 million in 2022 mainly includes capitalized equipment due to the growth of the subscribers' base. Cash flows from fin
Slide 26: Equity and debt, net cash
Equity and debt, net cash As of December 31, 2022, the gross cash position is €6.2 million and the net cash position is €4.9 million SFAF MEETING - 31 MARCH 2023 I 26 26