Safetech Innovations SA · BVB:SAFE
Safetech Innovations SA — H1 2023 Earnings Presentation
30 slides from Safetech Innovations SA's earnings presentation, September 2023
Slide 1: Investor Presentation
Investor Presentation September 2023
Slide 2: Disclaimer
Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of shares issued by Safetech Innovations S.A. (“SAFE”), or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy Safetech Innovations shares
Slide 3: Table of contents
Table of contents 1. About Safetech Innovations 2. Historical financial performance 2019-2022 3. H1 2023 financial performance 4. 2023 Budget 5. Contact
Slide 4: About Safetech Innovations
APPLIED CYBER INTELLIGENCE About Safetech Innovations
Slide 5: Key expertise
Key expertise Organizational and Technical Information Security and Risk Control Implementation Management We assist organizations in implementing We specialize in effectively managing of comprehensive organizational and technical information security and risk, providing controls to address informat
Slide 6: Rich services portfolio
Rich services portfolio Manage, Detect & Security-as-a-service Security compliance Cybersecurity testing Respond Through STI – CERT, we secure audit Cybersecurity testing increases We help companies speed up immediate response for security The audit helps companies security defenses as our threat de
Slide 7: Research & Development
Research & Development The R&D department was established in 2016 using Company’s own financial resources. Currently, the Company has several proprietary cybersecurity products under development or intended for development. Safetech's R&D portfolio comprises several products and solutions: • STI-CER
Slide 8: Business indicators
Business indicators +42% +58% +52% 1,543% Turnover CAGR Operating results Net profit CAGR Stock price appreciation between 2019-2022 CAGR between 2019- since first capital raise in 2022 October 2020 200+ 50 500+ 10+ Customers Employees Projects Security vendors
Slide 9: Selected partners, certifications & clients
Selected partners, certifications & clients
Slide 10: Board of Directors
Board of Directors Victor Gansac Mircea Varga Alexandru Mihailciuc Chairman of the Board of Directors Independent Board member Independent Board member Victor Gansac is a co-founder of Safetech Mircea Varga is a seasoned professional Alexandru Mihailciuc has 18 years of Innovations, a technology com
Slide 11: Corporate structure
Corporate structure 67% 49% SAFETECH CYBERSECURITY LIMITED SAFETECH INNOVATIONS GLOBAL CYBER RISK MANAGEMENT SERVICES SERVICES LIMITED L.L.C. 67% Entity headquartered in London, the UK, Entity headquartered in Abu Dhabi, United Arab established in 2022. Emirates, established in 2022. Not included in
Slide 12: Market context
Market context Cybersecurity is a significant concern within the EU as it faces a range of cyber threats and attacks. The EU has taken several initiatives to address cybersecurity challenges and improve the overall security posture within its member states: • Directive on Security of Network and Inf
Slide 13: Investment thesis
Investment thesis Strong Market Potential Differentiated Offerings operating in a lucrative market, where the demand for setting itself apart from competitors through its comprehensive and innovative cybersecurity solutions is comprehensive and tailored cybersecurity solutions high Track Record and
Slide 14: SAFE on BVB
VENUE SAFE on BVB Safetech Innovations was listed on the AeRO market of the Bucharest Stock ANALYST COVERAGE Exchange on January 29th, 2021, after successfully raising RON 2.5 million from BVB investors in October 2020 for 20% of the Company. Between December 2021 and January 2022, Safetech raised a
Slide 15: Historical financial performance
Historical financial performance
Slide 16: Key financial indicators
Key financial indicators Net profit % 34.9m margin in 2022: 29% + 42 R C AG +18pp vs. 2019 23m 14.7m 8% 5 R+ 11.7m + 52 % 10.5m AG GR 10.2m C CA 7.1m 6m 3.9m 3m 1.7m 1.1m 2019 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022 TURNOVER OPERATING RESULTS NET PROFIT Data presented at individual le
Slide 17: Key trends in 2022
Key trends in 2022 • Increased YoY spending; • Constant growth in the number of recurring contracts; • 14 new clients as a result of market education & favourable regulatory context; • Most sought-after services: increasing the level of protection, identify vulnerabilities and risks, compliance asse
Slide 18: Turnover contribution
Turnover contribution IMPLEMENTATION OF 2022 2021 CYBERSECURITY SERVICES CYBERSECURITY SOLUTIONS 2022 RON 20.1 m RON 14.9 m 43% 42% % + 51 4% 57% 58% +5 2021 RON 13.3 m RON 9.7 m 2% 4% +9 +2 2019 2020 2020 RON 6.9 m RON 7.8 m 6% 3% +2 +5 48% 53% 2019 52% 47% RON 5.5 m RON 5.1 m Data presented at ind
Slide 19: H1 2023 financial performance
H1 2023 financial performance
Slide 20: Key business indicators
Key business indicators INCOME REVENUES INDIVIDUAL GROSS PROFIT PROFIT NET 19.6 MILLION LEI 13.5 MILLION LEI 4.5 MILLION LEI 3,9 MILIOANE LEI +27% vs. H1 2022 +26% vs. H1 2022 +47% vs. H1 2022 +49% vs. S1 2022 CONSOLIDATED INCOME REVENUES GROSS PROFIT PROFIT NET 19.6 MILLION LEI 13.5 MILLION LEI 2.1
Slide 21: Key accomplishments
Key accomplishments 7 H1 2023 Transfer to the Main Opening of the USA Partnership with New clients Market subsidiary Phriendly Phishing £15.1m Q4 2023 2m lei Dividends distributed to Partnership with DNSC Projects in the Inclusion in MSCI sharesholders from 2022 pipeline in UK Frontier Markets & pro
Slide 22: Key financial results at individual level
Key financial results at individual level Profit margin 13.5m in H1 2023: 33.2% 6% +2 10.7m +9pp vs. H1 2022 4.5m % 9% 3.9m 3.1m + 47 +4 2.6m H1 2022 H1 2023 H1 2022 H1 2023 H1 2022 H1 2023 TURNOVER OPERATING RESULT NET PROFIT
Slide 23: Turnover contribution
Turnover contribution H1 2023 S1 2023 8.8m 4.7m 35% 65% IMPLEMENTATION OF CYBERSECURITY - 18 % % + 77 SERVICES CYBERSECURITY SOLUTIONS H1 2022 S1 2022 4.9m 5.8m 54% 46%
Slide 24: Evolution at the consolidated level
Evolution at the consolidated level The costs incurred by the entity in the UK amounted to 3.2 million lei. SAFETECH RO SAFETECH UK CONSOLIDAT PROFIT & LOSS ACCOUNT (LEI) 30.06.2023 30.06.2023 30.06.2023 The main costs were generated by: Revenue from the sale of goods 8,784,984 - 8,784,984 • Salarie
Slide 25: Safetech UK's key milestones
Safetech UK’s key milestones • Project pipeline valued at £15.1 million, with an average value per project of approx. £150 thousand. • 25 partnerships signed with potential resellers. • 2 partnerships signed with distributors - Wise Distribution (UK), Samvruddhi (UAE). • 15 partnerships signed with
Slide 26: Safetech UK's key milestones
Safetech UK’s key milestones • Official launch in the UK on May 24, 2023. • SAFE UK team will participate in ICE, the largest cybersecurity event in the UK (26- 27.09.2023). • The company has joined Tech UK, the largest technology companies organization in the UK. • The company has joined the FSB –
Slide 27: 2023 Budget
APPLIED CYBER INTELLIGENCE 2023 Budget
Slide 28: Context
Context Considering the current growth rate, cyber attack damages are projected to reach approximately USD 11 trillion annually by 2025, a 300% increase compared to 2015, according to a report published by Global Data in August 2022. The cybersecurity market was valued at USD 220 billion in 2021 and
Slide 29: 2023 budget
2023 budget Individual Consolidated Total revenue 51,750,000 65,891,950 Turnover 44,000,000 58,125,000 Revenue from intangible assets 7,325,000 7,325,000 Other operating revenue 400,000 400,000 Financial revenue 25,000 41,950 Total expenses 36,800,000 49,230,000 Gross profit 14,950,000 16,661,950 In
Slide 30: Thank you!
Thank you! For any further questions, please contact: Zuzanna Kurek, IR Manager investors@safetech.ro