Gigas Hosting Sa · BME:GIGA
Gigas Hosting Sa — Q3 2021 Earnings Presentation
15 slides from Gigas Hosting Sa's earnings presentation, Nov 29, 2021
Slide 1: Q3 2021 Results Investors' Presentation
Diego Cabezudo Javier Cañete CEO CFO Q3 2021 Results Investors’ Presentation NOVEMBER 2021 1
Slide 2: Disclaimer
Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gigas”, the “Company“ or the “Gigas Group"). This Information may i
Slide 3: 2021 has been transformational
2021 has been transformational 2021 February 2021 - Gigas acquires a portfolio of +3k business customers from First Converged Adds fixed telephony, cloud PBX and connectivity services Telco & Cloud Kickstarts Gigas transformation towards converged telecoms, cloud and security provider Operator M
Slide 4: A B2B portfolio built for the digital era
A B2B portfolio built for the digital era Building a forward-looking ...unlocking significant value for portfolio... Gigas and its clients Current New services Cross-selling opportunities IaaS Hybrid and multi Cloud PaaS Cloud/security products SAPTM Cloud Cloud B2B PORTFOLIO Disaster recovery SD-WA
Slide 5: Shareholders and Board of Directors
Shareholders and Board of Directors Management Team* 5.3% GAEA Miguel Venâncio José Antonio managed by Arribas (COO) Inveready Arantza Ezpeleta GAEA Inversión (Carlos Conti) Private 28.2% Francisco Investors 60.2% Arteche Emma Inveready Capital Fernández Co. (Sara Sanz) 6.3% J. Poza 100% of Gigas 11
Slide 6: Q3 2021 Key Highlights
Q3 2021 Key Highlights YTD Q3’21 net revenues reached €37.0M, 4.7x growth YoY and 9.2% higher than budgeted, due mainly to acquisitions and consolidation of OnMovil, new MVNO acquired in September. Adj. EBITDA for the 9 months of the year 2021 € reached €8.9M, up 356% YoY and 22.5% higher than €7.3M
Slide 7: Revenues 9M and Q3 2021
Revenues 9M and Q3 2021 About Gigas • Net revenues grew to €37.0M in the first 9 months of 2021, 4.7x higher than the €7.8M of same period last year, thanks mainly to acquisitions carried out in the first quarter of 2021: ONI, customers acquired from MasMovil, cybersecurity business unit acquired fr
Slide 8: EBITDA 9M and Q3 2021
EBITDA 9M and Q3 2021 About Gigas • Adjusted (recurring) EBITDA reached €8.9M in the first 9 months of the year, 356% higher than the €2.0M in the same period a year ago and 22.5% higher than the €7.3M budgeted due to earlier consolidation of ONI, acquisition of ValoraData business unit and synergie
Slide 9: 9M 2021 Results Compared to 9M 2020 and Budget
9M 2021 Results Compared to 9M 2020 and Budget GIGAS GROUP CONSOLIDATES INCOME STATEMENT 2021 2021 2021 2021 2020 BUDGET 2021 Figures in Euros Q1 Q2 Q3 JAN - SEP % Chang JAN - SEP % Chang JAN - SEP Net Revenue 9,323,108 13,394,517 14,282,470 37,000,095 374% 7,810,632 9.2% 33,897,560 Cloud, IT and ci
Slide 10: 2021 Budget
2021 Budget • New strategy to offer converged telco/cloud/cybersecurity services, fueled by acquisitions, have changed the scale of the Company • EBITDA growing better than expected • Proforma figures, including all companies acquired, would reach approx. €64M in net revenues and €14M in EBITDA 2021
Slide 11: CAPEX Evolution 2017-2021
CAPEX Evolution 2017-2021 • CAPEX (excl. M&A and R&D) growing significantly this year, due to the new telco profile of Gigas and one-off integration and new product investments • Budget for the year is €10.3M (€0.7M in 2020), but €4.6M invested in 9M (€1.5M in Q3), 37.9% lower than budgeted and repr
Slide 12: NFD/EBITDA: Debt Evolution as of 30/SEP
Debt Evolution as of 30/SEP • €60.5M invested in four acquisitions this year so far (€51.4M in H1’21): • ONI: €39.5M (€15.0M paid in cash, rest in Gigas’ shares) • MasMovil Customer Portfolio: €9M (€7.2M paid, rest in 12m) • ValoraData Business Unit: €2.38M (€1.7M paid, rest in 12m) • OnMovil: €9.1M
Slide 13: In Summary
In Summary • The Company has gone through a significant transformation this year, both from a scale (€11M to €64M in revenues) and scope (cloud to cloud/telco/cybersec.) perspective and the management team has been focused on the corporate transactions, the integration of the targets acquired and th
Slide 14: Q&A
Q&A 9M and Q3 2021 Results Investors Presentation Diego Cabezudo, CEO Javier Cañete, CFO 14
Slide 15: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com = gigas aS)