UniDevice AG · LS:A11QLU
UniDevice — Investor Presentation (June 2023)
21 slides from UniDevice's investor presentation, June 2023
Slide 1: Investor Presentation June 2023
Investor Presentation June 2023
Slide 2: Disclaimer
DISCLAIMER UniDevice AG, Berlin, (hereinafter referred to as “UniDevice") provides in this presentation, to the best of its knowledge, only relevant and up-to-date information. UniDevice assumes no responsibility or guarantee for the up-to-dateness, correctness and completeness of the information. T
Slide 3: Mission Statement
MISSION STATEMENT The digitisation of private and professional life is in full swing and with 5G mobile communication is once again making a quantum leap. As a broker for communications and consumer electronics with a focus on high-priced smartphones, UniDevice is on a growth path in a billion-dolla
Slide 4: Business Model, Market Development, Finances, Outlook
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 3
Slide 5: About Us
ABOUT US Clear core competence International B2B broker for high-priced smartphones Business model established In the market since 2009 Slim structure Locations in Berlin & Kassel with 25 employees Strong growth 2016-2022 Sales from 135 Mill. € in 2016 to 460 Mill. € sales in 2022 (CAGR 22,67%); EBI
Slide 6: Business Model
BUSINESS MODEL DEMAND INQUIRIES At the customer (mobile phone service provider, wholesaler and retailer) − Purchasing and sales are demand- REQUEST FOR QUOTATION driven and therefore targeted and At the supplier (distributors and merchants) risk-minimized DEAL COMPLETION − Stock turnover with just 3
Slide 7: Business Model
BUSINESS MODEL − Daily determination of the demand (the so-called „demand-gap“) at affiliated telephone companies, wholesalers and retailers − Purchase of the required devices from distributors, usually abroad − The distributors always have a high liquidity requirement; UniDevice as an instant payer
Slide 8: At a Glance
AT A GLANCE STRUCTURE Dr. Christian Pahl Hamed Sam Jam CEO UniDevice AG COO PPA International AG CEO PPA International AG − UniDevice is a pioneer in the international B2B brokerage of - With the company since - Founding initiator communication and entertainment 2017 - Since 2013 board member - Stud
Slide 9: What Distinguishes Us?
WHAT DISTINGUISHES US? − Corporate Milestones Founding of PPA GmbH by Participation program for 2009 „The optimization of the supply chain Messrs. Jam and Marggraff 2015 founders and executives through international B2B brokerage is a win-win situation for our customers and Strengthening of foreign
Slide 10: Market Development
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 9
Slide 11: Our Market at a Glance
OUR MARKET AT A GLANCE Smartphone units sold 2022 − Apple and other manufaturers operate regional price differentiation; with each new model generation, the average selling price increased − Smartphone owners with high purchasing power buy new 1.21 billion 21,9 million models after a short period of
Slide 12: Sales of Mobile Phones
SALES OF MOBILE PHONES in Europe (Billion €) − The market continues to grow at a 90 84.1 86.3 78.9 80.6 81.6 high level 74.2 62.5 62.9 − CAGR between 2017 and 2020 of 60 2.3% p.a. 30 − Germany is the most important 2013 2014 2015 2016 2017 2018 2019 2020 market in Europe with almost 20% market share
Slide 13: Price per Device
PRICE PER DEVICE in Europe (€) − The average price per unit grows 500 460 447 420 430 sustainably 412 385 400 331 313 − Demand for high-priced devices is 300 strong in Germany 200 − Apple has cracked the barrier of 2013 2014 2015 2016 2017 2018 2019 2020 € 1,000 with the iPhone X in Germany (€) 600
Slide 14: Wearable Devices Market
WEARABLE DEVICES MARKET Worldwide sales of wearable devices (in mil. devices) 600 − Bluetooth Headsets 504.7 500 − Fitness Bracelets − Smart Watches 400 347.5 − Head-Mounted Display 310.4 300 265.9 − Sports Watches − Body Cameras 200 − Other fitness trackers 100 0 2016 2017 2018 2021 Source: Gartner
Slide 15: Finances
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 14
Slide 16: Finances at a Glance
FINANCES AT A GLANCE in EUR million 2019 2020 2021 2022 The consolidated financial statements Cash 1.319 0.886 1.578 0.274 are prepared in accordance with IFRS Company value 14.95 14.95 14.95 14.95 Trade receivables 7.315 5.847 3.678 6.509 Inventory 1.684 12.380 15.937 11.473 Trade liabilities 0.366
Slide 17: P&L at a Glance
P&L AT A GLANCE Mill. € In 2022 USD/EUR development was 600 460 404 supportive. Sales 400 317 358 348 229 development 200 Q1 2023: 104.59 Mill. EUR 0 0.70 Mill. EUR EBIT 2017 2018 2019 2020 2021 2022 0.37 Mill. EUR Profit Mill. € 6 5.13 4.71 EBIT 4 3.48 Q1 2022: 74.44 Mill. EUR 3.08 development 1.86
Slide 18: Yield- and Margin-Development
YIELD- AND MARGIN-DEVELOPMENT Gross profit/EBIT (in EUR million) and gross margin/EBIT-Margin (in %) Gross profit EBIT Gross margin EBIT-Margin 12 10.54 10.77 10 8.86 8 5.87 6 5.13 4.71 4 3.48 2.70 3.08 2.55 1.92 2.30 2 1 1,3 0,9 1 0 2019 2020 2021 2022 17
Slide 19: Outlook
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 18
Slide 20: Our Driver: Market Growth 5G
OUR DRIVER: MARKET GROWTH 5G will once again give mobile communication a boost. Our professional and private life is becoming even more 5G networked, and the smartphone is moving even more into the focus of our digital lives. Apple Vision Pro Glasses will go on sale in the US in 2024 at 3,500 USD. 1
Slide 21: Thanks for Your Interest!
THANKS FOR YOUR INTEREST! Dr. Christian Pahl UniDevice AG Mittelstraße 7 12529 Schönefeld Germany Tel: +49 (0)30 634 156 00 E-Mail: info@unidevice.de Web: www.unidevice.de