Atp Yazilim Ve Teknoloji As · BIST:ATATP
Atp Yazilim Ve Teknoloji As — ATP Yazılım ve Teknoloji A.Ş. — Q1 2024 Earnings Presentation
13 slides from Atp Yazilim Ve Teknoloji As's earnings presentation, Jun 13, 2024
Slide 1: ATP 1st Quarter 2024 Results Presentation
ATP 1st Quarter 2024 Results Presentation June 13th, 2024
Slide 2: Disclaimer
Disclaimer Entities in hyperinflationary economies, like ours, following International Accounting Standard 29 (IAS 29), must adjust financial statements to current price levels for reporting periods ending after December 31, 2023. Our company has aligned its quarterly financial reports with IAS 29,
Slide 3: Business & Financial Update
Business & Financial Update 1st Quarter 2024 Results Presentation
Slide 4: Q1 2024 Strong Start to Year: Growth Continues in Real Terms
Q1 2024 Strong Start to Year: Growth Continues in Real Terms Revenue Gross Profit Net Operating Profit TRY 396.3M TRY 203.5M TRY 70.3M 43% YoY 37% YoY 53% YoY EBITDA Net Income TRY 106.8M TRY 125.3M 39% YoY 579% YoY EBITDA Margin 27% Net Income Margin 32% -0,7 points YoY +25,0 points YoY
Slide 5: ATP TradeSoft: Steady Growth and Extending Market Leadership
ATP TradeSoft: Steady Growth and Extending Market Leadership Accelerating R&D Investments Tradesoft Revenue (M TRY) & Smart Solutions 38.2% ▪ Revenues grew by 38% YoY ▪ New customer acquisitions 51.8 71.6 ▪ Establishing clear market leadership with innovation and significant investment into products
Slide 6: ATP Zenia: Providing QSR Business Solutions Globally
ATP Zenia: Providing QSR Business Solutions Globally Actionable Intelligent Layer Zenia Revenue (M TRY) Built on Reliable and Timely Data 39.5% ▪ Revenues grew by 39% ▪ Added 29 customers in Q1 233.5 ▪ Android based Cloud POS development underway 167.3 ▪ Completing development of smart locker system
Slide 7: Strategic Progress and Key Developments in All Business Lines
Strategic Progress and Key Developments in All Business Lines ATP China ATP Digital GreenX ATP GSYO ▪ Revenues grew by 28% ▪ Revenues grew by 56% ▪ On boarding of producers and ▪ Cash injection of 35M TL made ▪ Accounted for 40% of Zenia buyers, of green energy to bring Paid-in-Capital to 60M ▪ New
Slide 8: Global Growth & Diversified Revenue Streams: A Snap Shot of Success
Global Growth & Diversified Revenue Streams: A Snap Shot of Success Revenue Domestic & International (M, TRY) Revenue By Currency (M, TRY) Domestic International TR USD (Domestic) USD/RMD (Exports) 43% 43% 396.3 Share of Revenues YoY 396.3 Share of Revenues YoY Share of 113.1 113.8 40.8% 277.5 28.5%
Slide 9: Sustainable Growth Through MRRs
Sustainable Growth Through MRRs 2024 MRR DISTRIBUTION STEADILY INCREASING MRRs (M, TRY) 49% 31% 250 20% MRR 200 Tradesoft Zenia ATP Digital 150 100 2024 Q1 50 MRR REVENUES SHARE OF TOTAL REVENUES GROWTH 0 TRY 214.3M 54.1% 29,7% YoY Q1 2023 Q1 2024
Slide 10: Drivers of Revenue Behind Real Growth
Drivers of Revenue Behind Real Growth Revenue Growth (M, TRY) EBITDA Growth (M, TRY) Zenia Tradesoft ATP Digital Zenia Tradesoft ATP Digital 43% 39% Share of Share of YoY YoY Revenues 396.3 Revenues 106.8 91.2 23.0% 55.8% 27.7 24.5% 18.8% 277.5 76.7 72.0 18.1% 38.2% 58.3 21.0% 23.3 30.3% 29.7 28.4%
Slide 11: Driving Profitability Through Business Expansion and Execution
Driving Profitability Through Business Expansion and Execution Net Income (M, TRY) Summary of Key Highlights ▪ Solid start to year with strong momentum 579% ▪ All business units executing to plan – meeting 125.3 profitability and technology investments goals ▪ 31M negative inflation adjustment offse
Slide 12: Strong Balance Sheet and Working Capital Position
Strong Balance Sheet and Working Capital Position Summary Balance Sheet (M, TRY) Working Capital/Revenue 31.03.2024 31.12.2023 Δ Cash and cash equivalents 276.5 352.4 -21.5% Trade receivables 515.9 453.7 13.7% Inventories 38.2 43.1 -11.4% 22% Property, plant and equipment 16.1 16.5 -2.3% Intangible
Slide 13: THANK YOU
THANK YOU
ATP Yazılım ve Teknoloji A.Ş. — Q1 2024 Earnings Presentation on 6ix