Slide 1: Call with Investors
Call with Investors August 6 | 11.00am (CEST) Daniele MISANI, CEO Andrea FAVINI, IR 1
Slide 2: #neverbetter
2 Since 2018, constantly improving quarterly Revenues and EBITDA results. #neverbetter Revenues by Market EBITDA (€mn, % on total revenues) (€mn, % on total revenues) +36% +40% €43.7 € 5.66 €32.1 €23.3 € 4.04 53% +12% €20.9 13% 65% 13% €20.4 €11.2 +81% 47% 35% H1-20 H1-21 H1-20 H1-21 FinTech Aerospa
Slide 3: H1-21 EBIT, cash and key figures
3 € 3.4Mn H1-21 EBIT, +62.7% vs. H1-20 €4.2Mn -4% vs. H1-20, recovering from –12% in Q1-21 € 10.9 Mn 25% of total revenues € 34Mn Short term net financial resources & + €10Mn* in Treasury Shares * Value calculated with stock price of € 8.0 per share
Slide 4: Sustainable growth, diversification: Aerospace & Aviation, Fintech
_Sustainable growth, diversification 4 Aerospace & Aviation Fintech Turnover H1-2021: 23.3M € 15% Turnover H1-2021: 20.4M € 3% +12% Revenues +81.2% 7% Revenues breakdown 9% EBITDA margin H1-2021: EBITDA margin H1-2021: breakdown 13.7% Software Advanced services 12.1% Software Advanced services Proje
Slide 5: Q2 & July Main Events
5 _Q2 & July Main Events
Slide 6: Rebranding
6 Rebranding Reboot of Our • Reinforce the TXT Group identity • Enhance the excellence of each part • Show the change of speed • Leverage synergies: designed by TXT Group is going through a phase of change and strong growth. We are aggregating a network of synergic excellencies with the strategic am
Slide 7: TXT acquires TeraTron
7 TXT acquires : strengthened • TXT e-solutions S.p.A. (“TXT”) announces the acquisition of TeraTron GmbH, acquiring 100% of its capital. • TXT continues its internationalisation process with a further acquisition in Germany. • This new acquisition strengthens TXT IoT offering in its already robust
Slide 8: New Fintech: Cambiare capital increase
8 Cambiare New Fintech Immagine Capital increase in • TXT obtains stake equal to 51% of the share capital of the startup company for €0.51 Mln. • Innovative solutions for wealth-management • Go-to-market & Break Even in 2022 TXT Group's technological expertise represents a key asset in the implement
Slide 9: Collaborations and partner news
9 TXT, Politecnico di Milano and ANT-X start a Digitalisation and centralised management of Trade collaboration to develop drone-based solutions Finance processes: Banca UBAE joins Polaris A collaboration to develop and test innovative solutions and services based Banca UBAE has joined the Polaris p
Slide 10: H1-2021 Financials
10 H1-2021 FINANCIALS
Slide 11: H1 2021 income statement
11 (€ thousand) H1 2021 % H1 2020 % Var % REVENUES 43,699 100.0% 32,108 100.0% 36.1% Direct costs 27,085 62.0% 18,087 56.3% 49.7% GROSS MARGIN 16,614 38.0% 14,021 43.7% 18.5% Research and Development costs 3,313 7.6% 3,714 11.6% (10.8%) Commercial costs 3,757 8.6% 3,258 10.1% 15.3% General and Admin
Slide 12: Net financial position
12 € thousand 30.06.2021 31.12.2020 Var Cash & Cash equivalents 12,942 11,933 1,009 Trading securities at fair value 53,638 68,161 (14,523) Current financial assets - - - Current bank loans (32,350) (30,636) (1,714) Short term Financial Resources 34,229 49,458 (15,229) Non current financial debts -
Slide 13: Balance sheet summary
13 € thousand 31.06.2021 31.12.2020 Var. Intangible assets 37,035 37,653 (618) Tangible assets 7,657 7,460 197 Other fixed assets 16,269 2,299 13,970 Fixed Assets 60,961 47,412 13,549 Inventories 5,862 4,749 1,113 Trade receivables 32,605 35,411 (2,806) Other short term assets 6,402 5,782 620 Trade
Slide 14: Share price and shareholders
14 Latest Public Data Available 30 June 2021 Treasury Shares; 10.0% Laserline SpA; 29.6% Market; 50.0% Managers; 10.3% Share Price Dec 31st, 2010 1.51€/share* Share Price Jun 30th, 2021 7.78€/share Mkt Jun 30th, 2021 91.1m € Dividend Yield 0,5% rebased for free share distribution*
Slide 15: Dividends and Treasury Shares Repurchase
15 Dividends and Treasury Shares Repurchase (€m) 18 16.3 16 14 4.6 11.7 12 1.4 10 8 6.8 1 5.3 6 11.7 10.3 3.7 3.7 3.8 4 3.2 3.2 0.8 0.3 0.6 1 5.8 0.74 1.1 5.3 2 0.9 3.5 2.1 2.6 2.7 2.9 0.24 0 0.9 0.5 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Payment dividends €milion Repurchase Treasury
Slide 16: Q&A
16 Q&A