Doxee S.p.a. · MIL:DOX
Doxee — TP ICAP Midcap Annual Conference 2022
35 slides from Doxee's conference presentation, May 12, 2022
Slide 1: TP ICAP Midcap Annual Conference
TP ICAP Midcap Annual Conference Sergio Muratori Casali CEO Guido Spagnoli CFO Enrico Celotto CMO Paris May 12th, 2022
Slide 2: We enable companies to create innovative and digital customer-facing communications
We enable companies to create innovative and digital customer-facing communications May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 3: What we do
What we do Managing the digital transformation Doxee Platform® document experience (dx): Digital productuon, distribution, and digital archiving of documents Data processing paperless experience (px): electronic invoicing, long-term digital Company Consumers preservation, and Data Companies electron
Slide 4: Doxee at a Glance
Doxee at a Glance Transforming data into relationships • Founded in 2001, by Paolo Cavicchioli and Sergio Muratori Casali, Doxee is a technology vendor that - leveraging on its Doxee Platform® - helps companies in 200+ Clients worldwide across different sectors have validated Doxee's solutions their
Slide 5: Doxee Benefit Corporation
Doxee Benefit Corporation ESG Commitment Sustainable Offices CO2 emissions savings Sustainable Governance • New redesign of the offices • 668.873.000.000 digital sheest • Internal ESG Committee • Renewable Energy • 8.466.747 saved trees • Code of Ethics & 231 • Plastic free company • 2 millions tons
Slide 6: Doxee Technological Innovator
Doxee Technological Innovator R&D INVESTEMENTS MARKET VALIDATION Percentage of value of production per year Several international IT analysts include Doxee in their reports, recommending the 13% Doxee invested in R&D for more than 10 years company as a leading global provider of advanced and innovat
Slide 7: Product Lines
Product Lines A Unique Value Proposition DOCUMENT EXPERIENCE PAPERLESS EXPERIENCE INTERACTIVE EXPERIENCE 63% on revenues 20% on revenues 17% on revenues Personalized micro-sites and videos Digital production, distribution, and archiving Compliant electronic invoicing and digital solutions: Doxee Pwe
Slide 8: Doxee Client Base
Doxee Client Base TELCO & MEDIA UTILITIES 1% 1% 3% REVENUES BY INDUSTRIES 7% 8% Telco & Media Utilities 38% Financial Services It Services BANKING & INSURANCE PA & HEALTHCARE Other Industries Public Sector Automotive 42% REVENUES GROWTH RELEVANT PARTNERSHIP +17% Public Sector +200 Clients 70% Recurr
Slide 9: Revenue Breakdown
Revenue Breakdown 13,1 20 CORE CLIENTS (€/mln) PRODUCT LINE GROWTH 20,85 (€/mln) 17,71 2019 10,2 15,49 +19% 2020 +12% CAGR 41% 2021 6,6 81 84% 4,1 4,1 84% 81% 83% 3,4 3,6 3,1 2,7 CAGR 15% CAGR 15% 2019 2020 2021 px px dx dx +28% ix ix +7% GEOGRAPHICAL AREA REVENUES FY2021 BY PRODUCT LINES 9% 7% 10%
Slide 10: Unique Strengths
Unique Strengths Leading to strong financials, thanks to continuous investments in innovation EXPERTISE, RESEARCH CUSTOMER LOYALTY INTEGRATED PRODUCT LINES AND STRATEGIC PARTNERSHIP MARKETS OPPORTUNITIES AND INNOVATION Cloud-native Platform with 3 20 + years of experience and 2.32% churn rate (on re
Slide 11: Client Cases
Client Cases May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 12: Doxee Pweb
Doxee Pweb® Some cases May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 13: Doxee Pvideo
Doxee Pvideo® Some cases May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 14: Eni gas e luce case
BENEFITS • 50 million annual multichannel communications and CUSTOMER Eni gas e luce is the new company of Eni SpA, established in 2017 to invoices sell gas, electricity, and energy solutions in the retail and business markets. Fastweb è uno dei principali operatori • Digital opt-in for customers th
Slide 15: Crédit Agricole Italia case
CUSTOMER Crédit Agricole Italia S.p.A. is an Italian credit BENEFITS • Reduce costs with scalable, centralized solutions institution originally founded in 1860 in Parma, Italy. • Manage dynamic customer communications The Crédit Agricole Italia Banking Group is currently the 7th largest Italian bank
Slide 16: Enel X case
CUSTOMER Enel X is a global company with an open strategy, based on BENEFITS • 30 days to activate a new country digitization, sustainability, and innovation. • Cost Savings: Multi-country coverage with the same Fastweb è uno dei principali operatori architecture: efficiency, organizational rational
Slide 17: Financial Data
Financial Data May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 18: Strong Revenues growth and huge Investments to increase scalability
FY2021 Strong Revenues growth and huge Investments to increase scalability • Top line growth acceleration (+18%) • The third release of Doxee Platform® will lead thanks to Doxee’s Unique Value Proposition. to further improvements in terms of efficiency and cost saving from 2022 onwards • Strong perf
Slide 19: Key Financials
Key Financials FY 2021 €20.9 mln €26.1 mln €16.0 mln €4.3 mln +17.8% YoY Revenues Value of Gross Margin R&D costs Production €1.7 mln €1.6 mln €5.3 mln €1.7 mln EBITDA EBIT Net Income NFP May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 20: Investments
Investments 2019 – 2021 ORGANIZATIONAL R&D HEADCOUNT STRUCTURE #102 #121 #142 (€/mln) (€/mln) (€/mln) 9,00 +43% 4,5 0,9 8,00 +15% 4 +32% 0,8 +23% 7,00 +16% 3,5 +19% 0,7 4,26 6,00 8,05 3 0,6 0,91 0,81 5,00 2,5 0,5 7,00 3,39 2 0,66 4,00 6,02 0,4 1,5 2,85 3,00 0,3 1 0,2 2,00 0,5 0,1 0,25 1,00 ESG 0 0 0
Slide 21: Trends and Strategy
Trends and Strategy May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 22: Technology trends as opportunities
Technology trends as opportunities Innovation & Digital Business Acceleration DIGITAL FIRST STRATEGY DATA DRIVEN INTELLIGENT COMPOSABLE PEOPLE CENTRICITY VS OMNICHANNEL PERSONALIZATION AND AI BUSINESS Journeys created by digital Total experience combines Globally, just 7% of firms Technology platfor
Slide 23: Trends Doxee is following
Trends Doxee is following Innovation & Digital Business Acceleration NEW COMMUNICATION MODELS TECHNOLOGY INVESTMENTS AND AI > New frontiers are opening up in many industries and > Cloud offering, architectural models with microservices fields: telemedicine, hybrid workplace, new culture for well- an
Slide 24: The new Doxee Platform
The new Doxee Platform® INTEGRABILITY LEVERAGE YOUR COMPANY DATA The Platform has a complete set of Doxee Platform® transforms data in API to support PaaS and any personalized and interactive digital integration scenario. experiences. OMNICHANNEL EXPERIENCES INTEROPERABILITY The Platform enables omn
Slide 25: A brief drill down on AI reasoning
A brief drill down on AI reasoning • Auto-Routing tool It defines the right sending time \ right channel based on internal and external data sources analysis • Automatic response It combines NLP and Machine Learning to automatically generate responses • Automatic Dunning It predicts the non-payment
Slide 26: Doxee Platform ecosystem
Doxee Platform® ecosystem May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 27: Growth Strategy
Growth Strategy May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 28: Double-digit growth for Doxee's key markets
Double-digit growth for Doxee’s key markets Doxee reference markets CCM REG-TECH DCX (Customer Communication Management) (E-Invoicing, Digital Preservation, E-Procurement) (Digital Customer Experience) $/bn $/bn 23 $/bn 11.3% 25.1% 11.8% 14,9 CAGR CAGR CAGR 8,5 3,2 7,5 1,5 2020 2021 2022 2023 2024 2
Slide 29: Pursuing the strategic roadmap
Pursuing the strategic roadmap Strenghtening the organisational structure to support organic growth Huge investments in 2021 to pave the way to sustainable and profitable growth on a medium to long term basis and to improve scalability: • Skilled and committed people in the commercial structure and
Slide 30: Pursuing the strategic roadmap: Strategic growth through M&A
Pursuing the strategic roadmap Strategic growth through M&A M&A in key international markets to expand in strategic industries – Telco, Utilities, Finance - and boost upselling • Market entry in DACH and consolidation in CEE in the Digital Experience Sector. • Market entry into the Electronic market
Slide 31: Appendix
Appendix May 12th, 2022 TP ICAP Midcap Annual Conference
Slide 32: Key achievements
Key achievements FY 2021 May 26 June 10 October 13 April 2 Doxee included for the fourth Doxee included among top signed a global Doxee presents its first consecutive year in Aspire’s creative technology providers partnership with Sustainability Report 2021 Leaderboard in Forrester’s Tech Tide 2021
Slide 33: Stock and Governance
BOARD OF DIRECTORS Stock and Governance Sergio Muratori Casali Doxee USA Inc (51%) Paolo Cavicchioli Vice-president and CEO President Doxee Czech Sro (100%) Doxee Slovak Sro (100%) Babelee Srl (91,4%) Giuseppe Dal Cin Paola Leoni Pier Luigi Morara Member Independent Independent Member Member SHARE P
Slide 34: Doxee Timeline
Doxee Timeline E-billingS.p.A. is founded in Doxee’s SaaS Doxee Doxee Doxee expands Listed on AIM Acquisition of Rebranding Modena, Italy, offering business specializes in become a internationally Italia, the stock Littlesea Littlesea in Print & Digital services launched PaaS multinational in19 coun
Slide 35: Sergio Muratori Casali, CEO; Guido Spagnoli, CFO; Enrico Celotto
Sergio Muratori Casali, CEO Guido Spagnoli, CFO Enrico Celotto Spagnoli, CMO investor.relations@doxee.com Doxee Spa Viale Virgilio 48/B 41123 Modena - Italy doxee.com