Odine Solutions Teknoloji Ticaret Ve Sanayi As · BIST:ODINE
Odine Solutions Teknoloji Ticaret Ve Sanayi As — H1 2024 Earnings Presentation
12 slides from Odine Solutions Teknoloji Ticaret Ve Sanayi As's earnings presentation, 2024
Slide 1: H1 2024 Financial Results Investor Presentation
Odine Solutions Teknoloji Ticaret ve Sanayi A.Ş. H1 2024 Financial Results Investor Presentation
Slide 2: Key Financial Indicators
KEY FINANCIAL INDICATORS H1 2024 Financial Indicators Total Assests (H1 2024) Net Cash* (H1 2024) Equity (H1 2024) 1,8 942 1,4 Billion TRY 34% Million TRY 202% Billion TRY 103% 1,3 Billion TRY (Year 2023) 312 Million TRY (Year 2023) 0,7 Billion TRY (Year 2023) Revenue (H1 2024) Gross Profit (H1 2024
Slide 3: Net Sales
NET SALES Net Sales Development (Million TRY) Breakdown of Net Sales Growth 12% 23% 26% 346,8 276,0 88% 77% June /2023 June /2024 June /2023 June /2024 Domestic Sales International Sales Sales for the first six months of this year have increased by over 70 million TRY Post-IPO global marketing inves
Slide 4: Gross Profit
GROSS PROFIT Cost of Sales Breakdown Gross Profit (Million TRY) 10% Gross Profit Margin 143,4 26% Growth 217% June /2024 41,4% 90% 74% June /2023 16,4% 45,3 June/2023 June/2024 Cost of Goods Sold Cost of Services Sold June/ 2023 June /2024 Despite a 71 million TRY increase in net sales over the firs
Slide 5: EBITDA and Net Profit (Loss)
EBITDA and NET PROFIT (Loss) EBITDA* (Million TRY) Net Profit (Million TRY) EBITDA Margin 100.1 Growth 108,2 June /2024 31,2% 231% June /2023 11,8% 32,7 -101.6 June /2023 June/ 2024 1Q2024 2Q2024 *EBITDA: Operating profit + Depreciation & Amortisation expense EBITDA increased by 76 million TRY to re
Slide 6: Balance Sheet Ratio Analysis
BALANCE SHEET RATIO ANALYSIS Liquidity Ratio Financial Structure Ratios* 2024/Q1 2024/H1 2024/Q1 2024/H1 Current Ratio* 3,04 3,45 Equity/Total Assets 0,73 0,78 Quick ratio** 2,92 3,29 Equity/Total Liabilities 2,72 3,49 Cash Ratio*** 2,56 2,54 Bank Loans/Equity* 0,003 0,003 Odine, with a current rati
Slide 7: Profitability and Indebtedness
PROFITABILITY AND INDEBTNESS Profitability Indebtedness 2024/3M 2024/H1 2024/3M 2024/H1 Return on Equity (ROE) (%)* 20,45 28,52 Net Debt/EBITDA (3,46) (2,50) Return on Assets (ROA) (%)** 11,96 17,50 Leverage Ratio (%)* 26,88 22,28 Debt/Equity Ratio (%) 36,76 28,67 ROCE (%)*** 30,29 30,60 Odine has d
Slide 8: Financial Statement: Assets & Liabilities
FINANCIAL STATEMENT Balance Sheet - Assets & Liabilities (TRY) 31.12.2023 30.06.2024 Balance Sheet (TRY) 31.12.2023 30.06.2024 Current Assets 994.135.320 1.287.271.832 Short-term Liabilities 622.509.908 372.926.784 Cash and Cash Equivalents 229.212.596 619.351.654 Short-term Borrowings 468.071 1.772
Slide 9: Financial Statement: Equity
FINANCIAL STATEMENT Balance Sheet – Equity (TRY) 31.12.2023 30.06.2024 Total Equity 690.741.867 1.398.850.610 Paid-in Capital 88.400.00 110.500.000 Share Premiums (Discounts) - 606.203.066 Effect of Mergers Involving Entities or Enterprises Under Common Control (27.806.923) (27.806.923) Other Compre
Slide 10: Financial Statement: Income Statement
FINANCIAL STATEMENT Income Statement (TRY) 01.04 – 30.06.2023 01.04 – 30.06.2024 01.01 – 30.06.2023 01.01 – 30.06.2024 Revenue 160.216.259 223.795.303 276.016.604 346.847.447 Cost of Sales (121.184.629) (103.179.989) (230.752.659) (203.423.776) Gross Profit 39.031.630 120.615.314 45.263.945 143.423.
Slide 11: Disclaimer
DISCLAIMER The information contained in this presentation has been prepared by Odine Solutions Teknoloji While the Company believes that these research and estimates, along with their underlying Ticaret ve Sanayi A.Ş. (“Odine or the Company”) to provide information on future projections and methodol
Slide 12: Thank You
THANK YOU
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