Slide 1: Q4 2024 Earnings call
Q4 2024 Earnings call February 5, 2025
Slide 2: Presenters: Chief Executive Officer and Chief Financial Officer
Fredrik Ruben Linda Tybring Chief Executive Officer Chief Financial Officer linda.tybring@dynavoxgroup.com 2025-02-05 2 © 2025 Dynavox Group AB (publ)
Slide 3: About Dynavox Group
About Dynavox Group 2025-02-05 3 © 2024 Dynavox Group AB (publ)
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 2025-02-05 4 © 2024 Dynavox Group AB (publ)
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 ye
Slide 6: Our global presence
Our global presence Revenue break down per region¹ • North America 78% • Europe 18% • Other countries 4% Direct & local presence Partners ¹ Based on FY 2 024 YTD Dece mb er revenu e 2025-02-05 6 © 2025 Dynavox Group
Slide 7: Our comprehensive communication solution
Our comprehensive communication solution Language systems - From our catalogue of synthetic voices to our library of symbols to our text-based systems, we design highly customizable solutions. Software - Through our software, users can access computers, browse the web, text, and develop literacy ski
Slide 8: Q4: October – December 2024
Q4: October – December 2024 2025-02-05 8 © 2025 Dynavox Group AB (publ)
Slide 9: Q4 2024 highlights
Q4 2024 highlights • Solid top-line growth, after currency effects revenue grew by 22% • Strongest growth globally within the autism customer group. • EBIT increased by 47%. • Closed the acquisition of Link Assistive in Australia and New Zealand on October 1 • P&D will be concentrated to the headqua
Slide 10: Full year 2024 highlights
Full year 2024 highlights • Revenue grew 23% in local currencies. • Operating profit up by 48% • Earnings per share increased by 40% • Continued to strengthen our product portfolio • Acquired Link Assistive 2025-02-05 10 © 2022 Tobii Dynavox AB (Publ)
Slide 11: Financials
Financials 2025-02-05 11 © 2025 Dynavox Group AB (publ)
Slide 12: Q4 2024 Revenue & Gross Margin
Revenue (SEK million) and Gross Margin 68% 68% 69% 68% 69%69% 70% 68% 67% 67% 67% 67% 67% 66% 65% 585 63% 64% 64% 64% 64% Q4 2024 473 476 483 Revenue & Gross Margin 381 424 428 320 362 • Revenue was 585 SEKm (473), +24% 335 288 • Currency adjusted revenue growth was +22% 241 233 255 245 246 217 207
Slide 13: Q4 2024 EBIT
EBIT (SEK million) and EBIT Margin 90 70% 83 80 60% 70 61 50% 60 56 53 48 40% Q4 2024 EBIT 50 40 37 34 42 32 30% 29 28 28 29 • EBIT was 83 SEKm (56) 30 25 25 21 20% 20 16% 17 16 • 15% 15% 13 EBIT margin was 14.2% (11.9) 13% 14% 11% 12% 11% 13% 14% 10% 10 14% 8% 7% 8% 8% 7% 6% 5% • 6% Opex increased
Slide 14: Full year 2024 Revenue & Gross Margin
Revenue (SEK million) and Gross Margin 1972 1613 69% 68% Full year 2024 1216 Revenue & Gross Margin 909 65% 895 872 65% • Revenue was 1,972 SEKm (1,613), +22% 66% 65% • Currency adjusted revenue growth was +23% • Solid growth in North America as well as Europe and the rest of the world 2019 2020 202
Slide 15: Full year 2024 EBIT
EBIT (SEK million) and EBIT Margin 229 40% 200 35% Full year 2024 EBIT 30% 155 150 25% 127 • EBIT was 229 SEKm (155) 20% 101 100 • EBIT margin was 11.6% (9.6) 82 15% 14.2% 60 • Opex increased with 18% organically 11.6% 10% 50 11.1% 9.6% • R&D spend negatively affected by 20 SEKm 6.9% 6.8% 5% versus
Slide 16: Cashflow after continuous investments and cash position
Cashflow after continuous investments and cash position (SEK million) 200 100 Balance sheet 180 48 41 30 35 63 42 39 50 and Cashflow 17 10 Cashflow after continuous investmetns 160 3 7 -11 -9 -28 0 - 30 140 • Cash flow after continuous investments +39 -50 120 Cash position SEKm for the quarter 100 1
Slide 17: Summary and outlook
Summary and outlook • Our solid revenue growth continues • Profitability continues to strengthen • Successful product launches • Profitable growth via acquisitions • Investing in people, systems and tools to cater for future growth and improved scalability. 2025-02-05 17 © 2025 Dynavox Group AB (pub
Slide 18: Financial targets
Financial targets Time horizon 3-4 years 20% > 15% > 40% Growth Profitability Dividend Policy On average, grow revenue by To deliver an EBIT margin that Distribute at least 40% of 20% per year adjusted for reaches and exceeds 15% available net profits to currency effects, including shareholders in t
Slide 19: Q&A
Q&A 2025-02-05 19 © 2025 Dynavox Group AB (publ)
Slide 20: Thank you!
Thank you! 2025-02-05 20 © 2025 Dynavox Group AB (publ)