Gigas Hosting Sa · BME:GIGA
Gigas Hosting Sa — Q1 2021 Earnings Presentation
22 slides from Gigas Hosting Sa's earnings presentation, May 25, 2021
Slide 1: Investors’ Presentation and Q1 2021 Results
Moises Israel Chairman Investors’ Presentation and Q1 2021 Results 1
Slide 2: Disclaimer
gigas Disclaimer This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the “Information’) relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter “Gigas”, the “Company* or the “Gigas Group"). This Information
Slide 3: Leading provider of cloud computing services in Spain, Portugal and Latam
Leading provider of cloud computing services in Spain, Portugal and Latam First Converged Telco&Cloud Operator in the Iberian Peninsula 3
Slide 4: Digital transformation and cloud growth
1 Digital transformation of all 2 Cloud continues to grow, extending businesses beyond storage and computing • Increasing volume, quality and reliability • Cloud becoming the best performing and most demands as well as security efficient solution for IT infrastructure • Growing decentralization (wor
Slide 5: The GIGAS opportunity
Europe LatAm The GIGAS opportunity 1 B2B size in Gigas’ footprint (companies with > 10 employees) Digital # of companies “+640 k target 221k 419k transformation clients in Gigas’ of all businesses geographies” # of branches/locations 592k 1.286k 2 B2B cloud market Cloud/IaaS DC & hosting (size and g
Slide 6: Seven major deals in the last 4 years
2011 … 2018 2019 2020 2021 Cloud Cybersecurity BUSINESS UNIT Connectivity B2B PORTFOLIO Unified comms. B2B PORTFOLIO Approx. €60M revenues and Seven major deals in the last 4 years towards €12M EBITDA PROFORMA building a compelling convergent proposition 6
Slide 7: Building a forward-looking portfolio
Building a forward-looking ...unlocking significant value for portfolio... Gigas and its clients Current New services Cross-selling opportunities IaaS Hybrid and multi Cloud PaaS Cloud/security products SAPTM Cloud Cloud B2B PORTFOLIO Disaster recovery SD-WAN Cloud Backup Managed services Firewall a
Slide 8: Revenues by geographies and segments
Revenues Unif. Connectivity (€M 2019/18, Geographies Cloud Cybersecurity % 5yr-CAGR) Comms. Fixed Mobile 328 -3%2 ~ 169 16% 99 -5% (1) 60 28%3 58 11% ~ 54 20% 49 5%2 21 9% 11 4%2 (4) 11 28%3 Source: Arthur D. Little analysis Notes: (1) 2020 figures; does not include ONI, ValoraData or MásMóvil reven
Slide 9: Trusted by more than 10,000 business customers
Trusted by more than 10,000 business customers . g ' LAVA: Ss A S MEDIA GROUP ON verisure MERCADONA OSBORNE ; dF Orotvs WPP Walmart>'< 13) Avianca > FAES FARMA are? @ YAMAHA &® ee —OROSA CLARA COG ¢Uy reuwen Feulert FCC elecnor y _LOCGITANE | = 7. ll Sanitas | aia Indra Damm X Hermanas Tecnocom §sas
Slide 10: An experienced team with a successful track-record
An experienced team with a successful track-record MOISES ISRAEL, PRESIDENTE NO EJECUTIVO. Ha ocupado desde 1985 varios puestos directivos en bancos como Citibank, Santander Investment y Merrill Lynch, ademas de haber sido Consejero Delegado de Ya.com, proveedor de acceso a Internet (ISP) adquirido
Slide 11: Management Team
Management Team* 5.3% GAEA José Antonio Miguel Venâncio managed by Arribas (COO) Inveready Arantza GAEA Inversión Ezpeleta (Carlos Conti) Private 33.7% Investors 54.7% Alfonso Inveready Capital Cabezudo Co. (Sara Sanz) 6.3% J. Poza 11
Slide 12: Q1 2021 Key Highlights
Q1 2021 Key Highlights — ai Q121 net revenues reached €9.3M, 251% up YoY and 73% higher than budgeted, due mainly to acquisitions and earlier consolidation of ONI Gross margin of €5.6M (60.1% of revenues) in the quarter, 197% higher than the €1.9M of same quarter last year, and 176% higher than budg
Slide 13: Revenues Q1 2021
Revenues Q1 2021 ° Net revenues grew to €9.32M in the quarter, 3.5x higher than the €2.66M of same period last year, thanks to the consolidation of the customer portfolio from MasMovil and Ignitar, and also to ONI, which was partially consolidated ° Revenue figure was 73% higher than budgeted due ma
Slide 14: EBITDA Q1
EBITDA Q1 ° Adjusted (recurring) EBITDA reached €2.12M in the first quarter, 215% higher than the €0.67M in the same period a year ago and 74% higher than the €1.22M budgeted due to recent acquisitions and earlier consolidation of ONI ° After M&A costs and multiyear remuneration plans (stock options
Slide 15: Q1 2021 Results Compared to Q1 2020 and Budget
Q1 2021 Results Compared to Q1 2020 and Budget Consolidated Income Statement Q1 2021 BUDGET Figures in EUR Q1 2021 % Chg. Q12020 % Chg. Q12021 Net Revenues 9,323,108 251% 2,658,707 73% 5,398,224 Cloud, IT and Cybersecurity Services 3,523,012 34% 2,631,089 15% 3,057,823 Telecommunication Services 5,7
Slide 16: * Excludes M&A costs and multiyear remuneration plan ( stock options and others)
• • • * Excludes M&A costs and multiyear remuneration plan ( stock options and others) 16
Slide 17: Capex to Sales
• • • Figures in Thousands of Euros Capex to Sales 17 (excl. M&A)
Slide 18: Figures in Thousands of Euros
• • • Figures in • Thousands of Euros • • Figures in Euros Figures in * Thousands of Euros • • • 18
Slide 19: Share Evolution
Share Evolution Share price rallied at the end of last year, as the market welcomed corporate transactions and new strategy, ending at €11.50, a 68.6% increase during the year Large amount of new shares issued, with a total of 11.64 million shares, including recently issued shares (3.9M) to pay for
Slide 20: SOURCE: Renta4, Gigas, ADL
* * SOURCE: Renta4, Gigas, ADL 20
Slide 21: Q&A
Q&A Q1 2021 Results Investors Presentation gigas Moisés Israel, Chairman Diego Cabezudo, CEO 21
Slide 22: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com — gigas 22