Pexip Holding Asa · OSL:PEXIP
Pexip Holding Asa — Investor Presentation (October 2020)
27 slides from Pexip Holding Asa's investor presentation, Oct 12, 2020
Slide 1: Pexip Company Presentation
Pexip Company Presentation 12. October 2020 ]pexip[
Slide 2: Mission, Vision and Promise
] pexip| Meet the world Our Mission Empower people to be seen and to engage with each other in a better way Our Vision To make virtual meetings better than meeting in- person Our Promise Meet the World with video communications as it should be
Slide 3: The Pexip Way
The Pexip Way Professional & Fun We are committed to our partners and customers We are passionate and fun to work with We strive for excellence No Bullshit We say it as it is We do what needs to be done We stand for honesty and integrity po pop fw a apd soy yo ape yo ye = > Freedom & Responsibility
Slide 4: Pexip at a glance
Pexip at a glance Oslo Washington DC London New York Stockholm Paris 2011 Company founded ~310 Employees in 20 countries 300 Partners in 75 countries 3600 Customers 190 Countries with users 115% Net customer retention rate : Visionary in Gartner Magic Quadrant) : Ranked #1 in Wainhouse user survey?
Slide 5: Why Pexip
Why Pexip ]pexip[
Slide 6: Covid-19 has opened enterprise's eyes to the benefits of a hybrid workforce
Covid-19 has opened enterprise’s eyes to the benefits of a hybrid workforce Benefits from a hybrid workforce are likely to The share of employees working partly remote is make a long-term material change in work exploding routines * The need for social distancing is likely to be present for several
Slide 7: The European Council, HM Courts & Tribunal Service, Mattel
The European Council HM Courts & Tribunal Service Mattel
Slide 8: Key reasons to use Pexip in your organization
Key reasons to use Pexip in your organization Enhance face-to-face meetings Reduce geographical barriers Increase engagement with remote workers Unify organizations by delivering key corporate communications events Save time and money by minimizing travel Jpexip[
Slide 9: Video contributes to sustainable development
Video contributes to sustainable development 17 GOALS TO TRANSFORM OUR WORLD Pexip supports the green economy = Enables meetings without physical presence, and increases ability to work at home, reducing business related travel and emissions One round-trip from London to New York generates about 1 m
Slide 10: Recognized by analysts and users
Recognized by analysts and users Pox A Visionary in the 2019 Gartner Magic Quadrant for Meeting Solutions! ABILITY T0 EXECUTE ee wee oun sag Jpexip[ — © eienes ado serie > so rmcat® ‘° Coal eune re ‘COMPLETENESS OF VISION ‘sof August2019 © Gariny Ine Ranke #1 overall in 2019 by leading dustry resear
Slide 11: What we provide
What we provide ]pexip[
Slide 12: Works everywhere for everyone
Works everywhere for everyone Video communications as it should be v A better way to meet with business-quality audio/video Y¥ Securely join from anywhere across multiple technologies Vv Brings everyone together integrated with existing workflows VY Flexible set-up, easy to use and manage Jpexip[
Slide 13: A better way to meet
A better way to meet A natural, engaging meeting experience provided by Al-driven adaptive experience Focus on your conversation With real-time image framing that automatically crops, pans, and tilts, you can maintain better eye contact and focus on your conversation for more productive, engaging me
Slide 14: Securely join from anywhere
Securely join from anywhere Join from any device and location with the confidence that your meeting data is secure and private. Tue bya gue RED wae Optimized experience on any device High-performance video experience in every meeting on any device. Super wideband audio offers crisp communication, so
Slide 15: Interoperability...simplified
We all have our favorite collaboration tools and platforms that we use today. Pexip breaks down the barriers between solutions so you can bring everyone into the same meeting. Interoperability...simplified. Familiar branding lets employees and guests know they’re in the right place.
Slide 16: With powerful administration controls
With powerful administration controls Call minutes per day Easy deployment and conference capacity scaling with a single management interface Integrate and authenticate with internal IT systems Access live view, control and oversight dashboards for management and support of the video conference infr
Slide 17: Complies with recognized data security and privacy standards
Complies with recognized data security and privacy standards * Security and Privacy Tc) section 508 - Compliant with GDPR Li 5 HIPAA wr) a -1SO 27001 certified — All media encrypted by default ow. - Enables HIPAA compliance for US Healthcare ‘ fi 4 as | * Highest US military security certifications
Slide 18: Wide portfolio with flexible deployment options
Wide portfolio with flexible deployment options ti S) 9 Meet Meetings Vertical Meeting Engine VC Infrastructure Meeting Interop ® Google Cloud ® Google Cloud TI M Azure 1 Avr: Hi as ——T Service (SaaS) Private Service (laaS) Self-hosted (Cloud/On-premise) Jpexip[
Slide 19: Financials: Last Quarter Update
Financials Last Quarter Update ]pexip[
Slide 20: Solid and strong business momentum
Solid and strong business momentum 100% reinvested in sales, marketing and products Booked annual recurring revenue (“ARR”) Revenue per geography portfolio per year end, USDm CAGR 2013 - 2019 = APAC = Americas mEMEA ARR @32020 of USD 73m 12 _ |__| 2013 «2014 2015 2016 2017) 2018 =. 2019 en Funded on
Slide 21: Third quarter 2020 sales highlights
Third quarter 2020 sales highlights Strong development in ARR with 70% growth YoY across all geographies sonmracted Annual Recurring Revenue (ARR) development Q3 2019 - Q3 ARR per geo G3 2019 - @3 2020 USsDm USsDm Ml apac Ml AweRICAS 3.2020 73 MEEMEA 73 YoY growth: 470%) 66 66 37% 57 57 47 73% 43 Pa
Slide 22: Financials 2019
Financials 2019 ]pexip[
Slide 23: Key financial highlights 2019A
Key financial highlights 2019A ] pexip| a 79% 99% ARR CAGR 2013A - 2019A net revenue retention 2019A 95% 21% gross—margin 2019A EBITDA margin 2019A 3,400+ 5.8x customers per YE2019 LTV:CAC ratio 2019A Jpexip[
Slide 24: Balance sheet, assets
• Balance sheet, NOKm Dec-18 Dec-19 ASSETS – Non-current assets Property, plant and equipment 3.3 7.2 • Right-of-use assets 10.1 52.4 Goodwill 599.0 599.0 Other intangible assets 110.4 101.8 • Deferred tax asset 27.3 27.6 Contract costs 41.4 74.2 Receivables 1.6 1.7 Other assets 0.2 0.0 Total non-cu
Slide 25: Balance sheet, equity and liabilities
• Balance sheet, NOKm Dec-18 Dec-19 EQUITY AND LIABILITIES Equity Share capital 0.8 1.2 Share premium 856.6 860.1 • Other equity -58.4 -37.2 Total equity 799.0 824.1 Non-current liabilities Borrowings 6.0 8.5 • Lease liabilities 7.1 45.5 Deferred tax liabilities 0.0 0.0 Derivative financial liabilit
Slide 26: Consolidated financial information: cash flow statement
Pexip Holding AS - consolidated financial information Cash flow statement 2018 — 2019, audited IFRS Comments Audited * Pexip’s liquidity requirements arise primarily from operating expenses (expensed R&D and Cash flow statement, NOKm 2018 2019 sales and marketing expenses), and investments in R&D Pr
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