Rtx A/s · OMXCOP:RTX
Rtx A/s — Investor Presentation (September 2023)
27 slides from Rtx A/s's investor presentation, Sep 4, 2023
Slide 1: Introduction to RTX
Dansk Aktionærforening I 4 September 2023 Introduction to RTX Click to edit Master Presentation by title style CEO Peter Røpke CFO Mille Tram Lux
Slide 2: Disclaimer on Forward Looking Statements
Disclaimer on Forward Looking Statements This presentation contains statements regarding expectations for the future development of RTX A/S, in particular the direction of future product development, future revenue, earnings and potential business expansion. Such statements are subject to risks and
Slide 3: Introduction to RTX
Foto: DR Introduction to RTX - 4. Sept. 2023 3
Slide 4: Facts about RTX
Facts about RTX Founded in Listed on NASDAQ OMX Copenhagen in 1993 2000 FTEs per 30 September 2022 RTX revenue CAGR of 294 13% from 2012 to 2022 Products shipped in 2012 in 2022 670K 2.980K Introduction to RTX - 4. Sept. 2023 4
Slide 5: Helping people perform at their best
Introduction to RTX RTX delivers turnkey, customized wireless Helping people communications solutions perform at their best to globally recognized B2B customers. Introduction to RTX - 4. Sept. 2023 5
Slide 6: 2021/22 Performance Highlights
2021/22 Performance Highlights Market segments Revenue DKK million Share of Group revenue YOY Growth Financial highlights Revenue EBITDA EBIT DKKm DKKm DKKm Revenue DKK million Share of Group revenue + 45% / (+30% FX corrected) + 129% + 653% YOY Growth Revenue DKK million Share of Group revenue YOY
Slide 7: Our Business
Our Business Introduction to RTX - 4. Sept. 2023
Slide 8: Global Industry Structure
Global Industry Structure Multiple horizontal layers… …with specialized interdependent players Brand Branded Company OEM: Original Equipment Manufacture Development ODM: Original Design Manufacture Manufacturing EMS: Electronics Manufacturing Service Technology Semiconductor Company Introduction to
Slide 9: Global Industry Structure
Global Industry Structure Multiple horizontal layers… …with specialized interdependent players Brand Branded Company OEM: Original Equipment Manufacture Development ODM: Original Design Manufacture Manufacturing EMS: Electronics Manufacturing Service Technology Semiconductor Company Introduction to
Slide 10: RTX Business Model
RTX Business Model Recurring revenue Reaping economies of scale from product sales under long-term framework agreements Deploying our Wireless Wisdom… …across multiple attractive B2B markets… Enterprise ProAudio Healthcare …in an ODM/OEM model… Expand leadership Utilize unique Strengthen …to secure
Slide 11: Who we Work with (examples)
Who we Work with (examples) Introduction to RTX - 4. Sept. 2023 11
Slide 12: How we Work
How we Work Development and integration Manufacturing and logistics Design and specifications Testing and Post-sales support, verification service, and repair Concepts and planning Introduction to RTX - 4. Sept. 2023 12
Slide 13: Recuring Revenue via Long-term Framework Agreements
Recuring Revenue via Long-term Framework Agreements Effort and revenue Revenue Engineering effort ODM/OEM revenue Start-up for replacement NRE revenue product Years Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Development phase Ramp phase Main phase End Replacement of life product Introdu
Slide 14: Enterprise
Enterprise Introduction to RTX - 4. Sept. 2023 14
Slide 15: ProAudio
ProAudio Introduction to RTX - 4. Sept. 2023 15
Slide 16: Healthcare
Healthcare Introduction to RTX - 4. Sept. 2023 16
Slide 17: Financial Overview
Financial Overview
Slide 18: Revenue
Revenue Revenue Recurring revenue share (DKK million) (% of total revenue) 760 95% 90% 60 85% 663 83% 561 556 457 700 18/19 19/20 20/21 21/22 2022/23 18/19 19/20 20/21 21/22 REA REA REA REA Guidance REA REA REA REA Introduction to RTX - 4. Sept. 2023 18
Slide 19: Earnings
Earnings Gross profit and gross margin EBITDA and EBITDA margin (DKK million and %) (DKK million and %) 400 100% 125 40% 108 105 317 309 309 100 100 300 75% 20 30% 85 239 75 200 50% 20% 50 37 85 100 25% 10% 25 0 0% 0 0% 18/19 19/20 20/21 21/22 18/19 19/20 20/21 21/22 2022/23 REA REA REA REA REA REA
Slide 20: Financial Highlights Q3 and 9M 2022/23
Financial Highlights Q3 and 9M 2022/23 REVENUE Q3 EBITDA Q3 EBIT Q3 DKK 170m DKK 14m DKK 4.4m REVENUE DKKm EBITDA DKKm EBIT DKKm 250 238 800 60 100 50 80 53 43 208 50 40 200 180 42 80 32 60 170 165 600 40 30 150 134 60 40 126 400 30 20 20 100 40 10 20 16 4 2 200 12 6 0 50 8 20 0 10 5 -2 14 -5 -10 -2
Slide 21: Revenue & Gross Margin impacted by growth in all segments
Revenue & Gross Margin impacted by growth in all segments Revenue 9M 22/23 vs. last year (DKK million) Gross Margin 9M 22/23 vs. last year (%) +31% 18 557 46,8% -2,0% 0,9% 46,2 % 42 0,5% 73 425 9M 21/22 Enterprise ProAudio Healthcare 9M 22/23 9M 21/22 Product Mix Components & Engineering 9M 22/23 gr
Slide 22: Long term ambition for the fiscal year 2025/26
Long term ambition for the fiscal year 2025/26 REVENUE 2025/26 based on solid EBITDA margin strategy plan, long-term >1 Bn >16% customer relations and new product introductions DKK Introduction to RTX - 4. Sept. 2023 22
Slide 23: Management and Board
Management and Board
Slide 24: RTX Executive Management Team
RTX Executive Management Team Peter Røpke Mille Tram Lux _____ _____ Title: President & CEO Title: CFO Born: 1966 Born: 1975 Education: M.Sc. Electrical Engineering (1992) Education: BA Finance & Accounting (2000), HD Regnskab (2005) Joined RTX: 2016 Joined RTX: 2023 Previous positions: CEO, Flügger
Slide 25: RTX Board of Directors
RTX Board of Directors Peter Thostrup, Chairman Jesper Mailind, Deputy Chairman Ellen Andersen, Board Member _____ _____ _____ Title: Professional Board Member Title: Professional Board Member Title: Professional Board Member Born: 1960 I Nationality: Danish Born: 1956 I Nationality: Danish Born: 19
Slide 26: Q&A Session
Q&A Session "sees
Slide 27: Thank you for your attention
Thank you for your attention For further information, please contact CEO Peter Røpke or CFO Mille Tram Lux at +45 9632 2300 Introduction to RTX - 4. Sept. 2023 27