Dynavox Group Ab · OMXSTO:DYVOX

Dynavox Group Ab — Q1 2023 Earnings Presentation

18 slides from Dynavox Group Ab's earnings presentation, Apr 26, 2023

  1. Slide 1: Q1 2023 Earnings call

    Q1 2023 Earnings call April 26, 2023

  2. Slide 2: Presenters: CEO and CFO

    Fredrik Ruben Linda Tybring Chief Executive Officer Chief Financial Officer linda.tybring@tobiidynavox.com 2023-04-26 2 © 2023 Tobii Dy navox AB (Publ)

  3. Slide 3: About Tobii Dynavox

    About Tobii Dynavox 2023-04-26 3 © 2023 Tobii Dy navox AB (Publ)

  4. Slide 4: Our Vision and Mission

    Our Vision A world where everyone can communicate Our Mission We empower people with disabilities to do what they once did, or never thought possible 2023-04-26 4 © 2022 Tobii Dy navox AB (Publ)

  5. Slide 5: Our purpose

    ~ 50M number of people who cannot communicate effectively without Our purpose communication aids today As the world leader in assistive communication, we will drive the market forward while addressing a hugely underserved global audience. ~ M 2 ~ % 2 number of people diagnosed percentage of people y

  6. Slide 6: Our global reach

    Our global reach Revenue break down per region¹ • North America 77% • Europe 19% • Other countries 4% Countries where Tobii Dynavox products are sold Tobii Dynavox presence ¹ Based on FY 2023 Y TD March rev enue f igures 2023-04-26 6 © 2023 Tobii Dy navox AB (Publ)

  7. Slide 7: Fully integrated solutions

    1 Content Covid Trump Synthetic voices Brexit Wearing Mask Fully integrated solutions TD Snap TD Talk Boardmaker 2 Software 1 2 Content Software PCEye TD Pilot I-Series I-110 (medical grade) (medical grade) (medical grade) 3 Devices EyeMob ile 3 5 Implementation Devices & Support 4 Assessment & 4 Fu

  8. Slide 8: Q1: January – March 2023

    Q1: January – March 2023 2023-04-26 8 © 2023 Tobii Dy navox AB (Publ)

  9. Slide 9: Q1 2023 highlights

    Q1 2023 highlights • Strong top-line growth, revenues +36% • Organic growth was 15% • Solid momentum across the board, both in North America, Europe and other countries. • Strong development of newly acquired companies encouraging, both financially and operationally 2023-04-26 9 © 2022 Tobii Dy navo

  10. Slide 10: Voice of America video clip with Acapela Group

    Voice of America video clip with Acapela Group (2 minutes) 2023-04-26 10 © 2022 Tobii Dy navox AB (Publ)

  11. Slide 11: Financials

    Financials 2023-04-26 11 © 2023 Tobii Dy navox AB (Publ)

  12. Slide 12: Q1 2023 Revenue & Gross Margin

    Revenue (SEK million) and Gross Margin 65% 67% 362 67% 67% 68% 67% 67% 67% 67% 320 Q1 2023 63% 64% 63% 64% 64% 64% 64% 288 335 66% Revenue & Gross Margin 252 241 233 255 245 246 221 220 •Revenue was 335 SEKm, +36% 215 217 204 207 •Organic revenue growth was +15% 165 •Strong growth across the board,

  13. Slide 13: Q1 2023 EBIT

    EBIT (SEK million) and EBIT Margin 50 50% 42 40 37 40% 34 30 28 29 28 28 30 30% 25 25 25 21 Q1 2023 EBIT 20 18 14% 15% 13% 14% 15% 14% 16% 13 17 16 20% 11% 11% 10 10% •EBIT was 21 SEKm 8% 7% 6% 8% 7% 6% 5% •EBIT margin was 6.3% 0 -14% 0% •Opex increased with 14 % organically -10 -10% •R&D spend affe

  14. Slide 14: Cashflow after continuous investments and cash position

    Cashflow after continuous investments and cash position (SEK million) 200 100 43 49 46 50 48 180 41 Balance sheet 30 26 17 50 Cashflow after continuous investmetns 160 2 1 3 -11 -9 and Cashflow 140 -28 - 30 0 -50 Cash position 120 •Cash flow after continuous investments +17 SEKm 100 197 -100 •Cash p

  15. Slide 15: Summary of quarter and outlook

    Summary of quarter and outlook • Strong revenue development continues • Acquired companies contribute to our offering and perform according to plan • Effects from the pandemic now completely behind us • Positive outlook implies long term financial targets are realistic 2023-04-26 15 © 2023 Tobii Dy

  16. Slide 16: Long-term financial targets

    Long-term financial targets > Growth 10% > 15% Profitability To increase currency-adjusted revenue by more To achieve and maintain an EBIT margin in than 10 percent on average per year excess of 15 percent Dividend Policy ~ Leverage 2.5x To primarily reinvest the Company's profit and use it for seve

  17. Slide 17: Q&A

    Q&A 2023-04-26 17 © 2023 Tobii Dy navox AB (Publ)

  18. Slide 18: Thank you!

    Thank you! 2023-04-26 18 © 2023 Tobii Dy navox AB (Publ)

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