Netgem Sa · EURONEXT:ALNTG
Netgem Sa — Forum MIDCAPS GILBERT DUPONT 2022
30 slides from Netgem Sa's conference presentation, Jun 28, 2022
Slide 1: Investors Presentation
Investors Presentation June 2022
Slide 2: Strong growth momentum
Strong growth momentum Mathias Hautefort, CEO
Slide 3: What makes us unique
Operational review 2021 financial results Outlook for 2022 Questions What makes us unique ➔ Our technology has been established in the digital entertainment market for 25 years ➔ A team of video experts comprising more than 70 people ➔ Our “Content-as-a-Service” business model, flexible and recurring,
Slide 4: Market dynamics
Operational review 2021 financial results Outlook for 2022 Questions Market dynamics Massive Multiplication development of of TV & SVOD broadband by offers telecom operators Concentration of Complexity in the operators’ resources management of on their core operators’ content business offerings Netge
Slide 5: NetgemTV and the partnership with operators model
Operational review 2021 financial results Outlook for 2022 Questions NetgemTV and the partnership with operators model Simplifying the lives Providing innovative of our customers by and quality allowing them to “Content-as-a-Service” entertainment focus on their core solutions business: very high-spe
Slide 6: Around thirty operator partners put their trust in us
Operational review 2021 financial results Outlook for 2022 Questions Around thirty operator partners put their trust in us UK Nordic countries Viihde Elamus ROW France Forum MIDCAPS GILBERT DUPONT - 28 JUNE 2022 6
Slide 7: A hundred publishing partners put their trust in us
Operational review 2021 financial results Outlook for 2022 Questions A hundred publishing partners put their trust in us International partners Local partners VOD partners Forum MIDCAPS GILBERT DUPONT - 28 JUNE 2022 7
Slide 8: Main highlights of 2021
Operational review 2021 financial results Outlook for 2022 Questions Main highlights of 2021 January Launch of Netgem TV in London with 'co-branded' model May Launch of (4K App) on Netgem TV in UK June 4K and the EURO in France for . and September Launch of Signature of a multi-year NetgemTV agreemen
Slide 9: Our brands: assets serving our strategy
Operational review 2021 financial results Outlook for 2022 Questions Our brands: assets serving our strategy The Corporate brand by Own TV service brand by the VOD from partners in Cobranding brand Forum MIDCAPS GILBERT DUPONT - 28 JUNE 2022 9
Slide 10: Responsible environmental development
Operational review 2021 financial results Outlook for 2022 Questions Responsible environmental development Bandwidth optimisation Boxes ➔ ➔Systematic recycling possibility of voluntarily limiting bandwidth ➔Maritime transport preferred to air transport ➔ DTT hybrid solution in the United Kingdom Foru
Slide 11: Responsible social development
Operational review 2021 financial results Outlook for 2022 Questions Responsible social development A team of loyal Actions to promote Sharing the fruits of employees gender equality growth ➔ 39 years old: average age ➔ 25%: proportion of women in ➔ Macron bonuses paid in France ➔ 8 years: average le
Slide 12: Proven governance
Operational review 2021 financial results Outlook for 2022 Questions Proven governance 7 members Executive 43% independence 5 members Board of Directors 43% women Committee 40% women Mathias Hautefort Sandrine Alexandre Joseph Haddad Christophe Aulnette Virginie Banet Group CEO CFO Chairman of the Di
Slide 13: Shareholder base supporting our strategy
Operational review 2021 financial results Outlook for 2022 Questions Shareholder base supporting our strategy 45% 55% Significant free float Solid base 25% Joseph Haddad & family 35% 9% Several thousand individual shareholders strengthening the Olivier Guillaumin & family stock's liquidity 9% 10% Mouss
Slide 14: Positive share price change in a difficult context
Operational review 2021 financial results Outlook for 2022 Questions Positive share price change in a difficult context ➔ Over the last 12 months: ◆ Stock price +13% ◆ Outperformance vs. CAC S +26% ➔ Share rebound since last March dip +12% Listed on Euronext and now Euronext Growth for over 20 years.
Slide 15: Our strategy is bearing fruit
2021 financial results Our strategy is bearing fruit Sandrine Alexandre, CFO
Slide 16: 2021: our strategy is bearing fruit
Operational review 2021 financial results Outlook for 2022 Questions 2021: our strategy is bearing fruit ➔ Last impact of the change in the Group’s business model ➔ Continued growth in gross margin +11% 2021 vs. 2020 ➔ Improvement in EBITDA: +378% 2021 vs. 2020 ➔ Increase in net cash and cash equival
Slide 17: Improving profitability indicators
Operational review 2021 financial results Outlook for 2022 Questions Improving profitability indicators From revenue to current operating profit IFRS data in millions of euros 2021 2020 Change Revenue 28.3 30.3 Last impact of the change in model on Gross margin 17.6 15.9 +11% revenue Opex (13.3) (15.0)
Slide 18: Strong improvement in operating performance
Operational review 2021 financial results Outlook for 2022 Questions Strong improvement in operating performance Steady improvement in EBITDA Gross margin growth + Impact of the cost reduction plan initiated in 2020 = Steady improvement in EBITDA each half-year €4.3 million in 2021 vs. €0.9 million i
Slide 19: Net income including Vitis in 2020
Operational review 2021 financial results Outlook for 2022 Questions Net income including Vitis in 2020 IFRS in million euros 2021 2020 Operating income (3.7)* 4.2 Financial result (0.1) (0.1) Taxes 0.5 (0.0) Net income (Group share) (1.3)* 7.2 * Impact of the integration of Vitis into the consolidat
Slide 20: Increase in net cash and cash equivalents of €2.2m
Operational review 2021 financial results Outlook for 2022 Questions Increase in net cash and cash equivalents of €2.2m Internal Net cash position Cash Net cash position financing WCR Cash at 01/01/2021 at 31/12/2020 at 31/12/2021 capacity at 31/12/2021 Financing flows Investment flows Gross cash and ca
Slide 21: Resumption of dividend payments
Operational review 2021 financial results Outlook for 2022 Questions Resumption of dividend payments The Board of Directors, confident in: ➔ the quality of execution of the Group’s strategy; ➔ the ability to generate operating cash proposed to the Shareholders’ Meeting to resume payment of a dividend
Slide 22: Pursuing profitable growth
Outlook for 2022 Pursuing profitable growth Mathias Hautefort, CEO
Slide 23: Netgem is scarcely impacted by the geopolitical context
Operational review 2021 financial results Outlook for 2022 Questions Netgem is scarcely impacted by the geopolitical context Actions taken concerning potential indirect risks: No direct impact has been ◆ Security audit by an expert firm concerning the identified related to the risk of cyber-attacks; Ru
Slide 24: United Kingdom
Operational review 2021 financial results Outlook for 2022 Questions United Kingdom ➔ Commercial launch of the Talk Talk 4K by NetgemTV product in March 2022 => one of the most complete products on the UK market ➔ Signing of agreements with several alternative local operators. Forum MIDCAPS GILBERT D
Slide 25: Northern Europe
Operational review 2021 financial results Outlook for 2022 Questions Northern Europe ➔ Continued development with our long-term partner Elisa, leading Tier 1 operator in Finland ➔ Momentum of the Elisa Viihde Premium product maintained for two years with a customer satisfaction rate at a benchmark le
Slide 26: France
Operational review 2021 financial results Outlook for 2022 Questions France ➔ Viva by VIDEOFUTUR , the Group’s technological showcase in OTT mode ➔ Continued growth in services to operators such as ZeopTV ➔ New development with publishers such as Gaumont Classic Forum MIDCAPS GILBERT DUPONT - 28 JUNE
Slide 27: Our 2022 goals
Operational review 2021 financial results Outlook for 2022 Questions Our 2022 goals More than 500,000 Growth in revenue and Positive momentum for subscribers to our gross margin EBITDA and cash services generation Forum MIDCAPS GILBERT DUPONT - 28 JUNE 2022 27
Slide 28: Growth outlook
Operational review 2021 financial results Outlook for 2022 Questions Growth outlook Development of our 3 Ready to seize new Development of a reference markets in organic or external new commercial focus Europe with Telecom growth development with publishers Operators of our opportunities model Recogn
Slide 29: Questions
———- Questions
Slide 30: Thank you!
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