Invisio Ab · OMXSTO:IVSO
Invisio Ab — Q3 2022 Earnings Presentation
18 slides from Invisio Ab's earnings presentation, Oct 28, 2022
Slide 1: Protection at work, a better life at home – Q3 2022
Protection at work, a better life at home Q3 2022 Increased Protection growth and at work, aa strong better order life at homeintake COMPANY CONFIDENTIAL Investor Conference Call October 28, 2022 CEO Lars Højgård Hansen 1
Slide 2: Highlights
Highlights • Increased growth from a positive market development and a more active sales effort • Order intake (RTM) exceeds one billion SEK, for the first time • Strongest order book ever, but deliveries still lagging – however the situation is gradually improving • It is now time to start harvesti
Slide 3: Financial result Q3, 2022
Financial result Q3, 2022 COMPANY CONFIDENTIAL 3
Slide 4: Order intake stronger and a record-breaking order book
Order intake 75 per cent stronger and a record-breaking order book Order intake per quarter and R12 months Order book per quarter and R12 months (SEK million) (SEK million) COMPANY CONFIDENTIAL 4
Slide 5: Sales up – deliveries impeded by component delays
Sales up 35 per cent - deliveries impeded by component delays. Profit still affected by purchases on the spot market Sales per quarter and R12 months (SEK million) Gross profit per quarter (SEK million) and R12 months (per cent) COMPANY CONFIDENTIAL 5
Slide 6: OPEX at the same level as previous quarter – high sales activity
OPEX at the same level as previous quarter – high sales activity Operating expenses per quarter EBITDA per quarter (SEK million) EBIT per quarter (SEK million) (SEK million) and R12 months (per cent) and R12 months (per cent) COMPANY CONFIDENTIAL 6
Slide 7: Order from a European NATO country
Order worth SEK 58 million from a European NATO country • A new customer • Latest generation of control units and headsets, under the INVISIO brand • Delivery is planned for the first half of 2023. COMPANY CONFIDENTIAL 7
Slide 8: Order from a customer in the US DoD
Order worth SEK 40 million from a customer in the US DoD • The order is for advanced communication and hearing protection systems under the INVISIO brand • The order is from an INVISIO customer of many years • The order will further strengthen the business relation • Delivery is planned for 2022. CO
Slide 9: Two volume orders for the Intercom system
Two volume orders for the Intercom system • During the quarter two volume orders were received, where the customer is a European NATO country • The cumulative order value amounted to almost SEK 30 million • The customer is continuing the roll-out of the Intercom system in the vehicle fleet. COMPANY
Slide 10: INVISIO signs framework agreement with the Danish Police
INVISIO signs framework agreement with the Danish Police • The agreement includes the latest generation of INVISIO’s headsets, both in-ear and over-the-ear • The agreement includes the option of a one plus one-year extension • Both the Danish and Swedish police are on our customer list, as well as s
Slide 11: Outlook: Greater geopolitical uncertainty
Outlook Greater geopolitical uncertainty • Substantially increased defense budgets in coming years. • The need for modern communication equipment with hearing protection is great in many countries and larger budgets will allow faster roll out. • Short term: limited impact on INVISIO. COMPANY CONFIDE
Slide 12: Outlook: Positive expectations for year end and early 2023
Outlook Positive expectations for the end of the year and for the beginning of 2023 • Market conditions are starting to again resemble those before the pandemic. • As a result of the large order book and the current market situation, we predict the order intake and sales will be strong in Q4 and int
Slide 13: Questions and answers
COMPANY CONFIDENTIAL 13 Questions and answers
Slide 14: Appendix
Appendix INVISIO
Slide 15: Condensed consolidated income statement and statement of comprehensive income
Condensed consolidated income statement and consolidated statement of comprehensive income 15 COMPANY CONFIDENTIAL
Slide 16: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position 16 COMPANY CONFIDENTIAL
Slide 17: Condensed consolidated statement of cash flow
Condensed consolidated statement of cash flow 17 COMPANY CONFIDENTIAL
Slide 18: Depreciation/amortization
Depreciation/amortization COMPANY CONFIDENTIAL 18