Slide 1: Q1 Results Investor Presentation
Q1 Results Investor Presentation MAY 2019
Slide 2: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information”) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gigas”, the “Company“ or the “Gigas Group"). This Information
Slide 3: Gigas' Timeline
Gigas’ Timeline Leading provider of cloud computing services in Spanish-speaking markets
Slide 4: FY 2018 Key Highlights
FY 2018 Key Highlights Growth continues strong, Q1 gross revenues up 42.3% YoY and net revenues 34.2% YoY EBITDA reaches €0.64M in Q1, more than double EBITDA Q1’18 and 27.6% higher than budgeted Positive cash flow and net result for the quarter Cloud Datacenter customers reached 753 (26.3% up YoY),
Slide 5: Revenues Q1 2019
Revenues Q1 2019 About Gigas • Gross revenues reached €3.04 million in Q1 2019, 42.3% higher than Q1 2018. Net revenues reached €2.47M in Q1 2019, 34.2% higher than the €1.84M in Q1 2018 • Revenues higher than budgeted, particularly gross revenues, due to annual contracts signed in first quarter. Gr
Slide 6: EBITDA
EBITDA About Gigas • Q1 2019 EBITDA grew 107.8% YoY, reaching €0.64M in the quarter • EBITDA in the quarter was significantly higher than budgeted (27.6% higher) due to revenue growth and cost efficiencies • EBITDA slightly lower than the previous quarter due to annual cost increases from software l
Slide 7: Q1 2019 Results vs. Q1 2018 and vs. Budget
Q1 2019 Results vs. Q1 2018About and vs.Gigas Budget CONSOLIDATED INCOME STATEMENT 2019 2018 2019 budget Figures in EUR JAN-MAR % Chg. JAN-MAR % Chg. JAN-MAR Gross sales 3.036.615 42,3% 2.134.305 9,8% 2.766.364 Accrued sales (148.969) - 27.111 1.106,1% (12.351) Sales discounts and promotions (413.52
Slide 8: 2019 Budget
2019 Budget About Gigas 2019 CONSOLIDATED BUDGET EUR Q1 Q2 Q3 Q4 2019b Gross sales 2.766.364 2.885.117 2.975.718 3.205.072 11.832.270 Accrued sales (12.351) (9.292) 64.910 (28.217) 15.050 Sales discounts and promotions (312.628) (317.968) (310.054) (336.704) (1.277.354) Revenue 2.441.385 2.557.856 2
Slide 9: Customer Figures
Customer Figures About Gigas • Cloud VPS customers reached 3,083 in the • Cloud Datacenter, aimed at medium and large Q1, lower than the 3,310 customers a year corporates, is Gigas’ main product, accounting earlier, but in line with Gigas’ strategy of for 91.0% of gross revenues, and continues to fo
Slide 10: Share Evolution and Analysts' Reports
Share Evolution and Analysts’ Reports • Share price increased 86.8% over 2018, from €3.48 to €6.50 • Share Price closed at €7.16 on May 30th, 2019 (10,2% up YTD) • GVC Gaesco raised the (12-month) target price to €10 from €9.10 per share, implying 53% upside from the closing price on May, 27th, (€6.
Slide 11: Q&A
Q&A Q1 2019 Results Investors Presentation gigas Diego Cabezudo CEO
Slide 12: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com = gigas