Slide 1: FY 2020 12 Months Results
FY 2020 12 Months Results March 10, 2021 Daniele Misani, CEO Andrea Favini, IR
Slide 2: Full Year Results: 2020 vs. 2019
Full Year Results: 2020 vs. 2019 Results of FY 2020 show a double-digit growth in Revenues driven by M&A, with Software revenues and EBITDA increasing +25% YoY and +22% YoY respectively Revenues by Market Revenues from Software EBITDA (€mn, % on total revenues) (€mn, % on total revenues) (€mn, % on
Slide 3: Transformation: our three-year path in key figures
Constant Our three-year transformation path in key figures Growth €69M 12 months revenues * €60M * Excluded Retail business €40M €36M IT Governance & FinTech Banking & Finance Swiss FinTech: Digital Transformation R.: €3mn in FY17 R.: €9mn in FY18 R.: CHF5mn in FY19 R.: €12mn in FY19 Transformation
Slide 4: Diversification: Group's Divisions & Markets
Group’s Divisions & Markets Core markets Turnover EBITDA margin International Revenues Turnover EBITDA margin Net operating Revenues FY-2020: FY-2020: revenues: breakdown FY-2020: FY-2020: investment for breakdown Software product Start-up: Software Advanced services Advanced services Projects Proje
Slide 5: Historical results & Value creation
Historical results & Value creation FY-2020 FY-2019 FY-2018 FY-2017 Revenues 68.8 59.1 40.0 35.9 * CAGR BUSINESS GROWTH Growth YoY +16.4% +47.9% +11.4% n.a. 24,2% EBITDA 8.6 7.0 3.8 3.5 * Margin 12.5% 11.9% 9.5% 9.7% CAGR MARGIN +22.2% +9.5% n.a. 35,2% EXPANSION Growth YoY +84.4% Net profit 4.7 0.4
Slide 6: Profit & Loss details
Profit & Loss details 12 MONTHS 2020 Q4 2020 € thousand FY 2020 % FY 2019 % Var % € thousand Q4 2020 % Q4 2019 % Var % REVENUES 68,753 100.0 59,091 100.0 16.4 REVENUES 20,927 100.0 16,557 100.0 26.4 Direct costs 39,470 57.4 31,824 53.9 24.0 Direct costs 13,125 62.7 8,264 49.9 58.8 GROSS MARGIN 29,28
Slide 7: Net cash: strong and solid financial position
Net cash: strong and solid financial position Euro million 31.12.2020 31.12.2019 Var Cash 11.9 11.4 0.5 Trading securities at fair value 68.2 87.3 (19.2) Cash & Cash equivalents 80.1 98.7 (18.7) Short term bank loans (28.2) (17.4) (10.8) IFRS 16 loans (1.5) (1.3) (0.2) Options referred to M&A (Put/C
Slide 8: Shareholding Structure, Dividends & Shareholder's Return
Shareholding Structure, Dividends & Shareholder‘s Return Dividends and Treasury Shares Repurchase (€m) Shareholding Structure Dec 31st, 2020 * 18 16.3 Last Public Data Available * Kabouter Management 16 14 4.6 LLC 11.7 9% Treasury 12 Shares 1.4 10 10% 8 6.8 1 5.3 6 11.7 Laserline SpA 10.3 3.7 3.7 3.
Slide 9: Main subsequent events and milestones
Main subsequent events and milestones Acquisition of the remaining 49% of Assiopay: Asset allocation of available liquidity optimized with the investment in Gruppo Bancario Igea Results Banca: 1.7 M € 0.8 M € 44,2% Revenues EBITDA EBITDA % Cash Investment 50,0% 1.6 M € 14.3 M € 144 M € 9% 8M€ 50,0%
Slide 10: Thank you for your attention!
Thank you for your attention! www.txtgroup.com Via Frigia, 27 20126 Milano Italy infofinance@txtgroup.com +39 02 257711 © TXT e-solutions – All rights reserved. Confidential and proprietary document. This document and all information contained herein is the sole property of TXT e-solutions . No inte