Cyviz AS · OSL:CYVIZ
Cyviz AS — Q3 2022 Earnings Presentation
17 slides from Cyviz AS's earnings presentation, Nov 11, 2022
Slide 1: Third Quarter Results 2022
Cyviz 11 November 2022 Third Quarter Results 2022
Slide 2: Today's agenda and presenters
Today’s agenda and presenters Third-quarter in brief Business highlights Espen Gylvik Insights to game-changing contract CEO Q3 financials Outlook Marius Skagen Q&A CFO Agenda 2
Slide 3: Value proposition
Cyviz is next level collaboration. We bring communication, control and interaction together, powered by advanced technology but driven by one important thing: people. Cyviz makes life better by making the complex simple, ensuring work is more immersive, productive and ultimately more enjoyable. This
Slide 4: EBITDA of NOK 4.7m with all-time-high order intake of NOK 208m
EBITDA of NOK 4.7m with all-time-high order intake of NOK 208m Third-quarter in brief EBITDA of NOK 4.7m Gross profit up 108% Order intake at all-time- Operating cash flow NOK driven by increased compared to Q3 2021 high of NOK 208.2m, up 70.7m allowing for full revenue, improved gross ending at NOK
Slide 5: Business highlights
Business highlights
Slide 6: Business highlights Q3
Business USD 196k USD 14.5m USD 326k Strategic partnerships highlights Q3 Oil & gas global security Game-changing contract GSK Shanghai shopper Started to sell and implement operations center within government vertical science lab Cyviz Easy SW platform SIGNIFICANT USD 240k USD 1.3m USD 658k USD 1.5
Slide 7: Business highlights Q3 (YTD)
Business USD 196k USD 14.5m USD 326k Strategic partnerships highlights Q3 Oil & gas global security Game-changing contract GSK Shanghai shopper Started to sell and implement operations center within government vertical science lab Cyviz Easy SW platform SIGNIFICANT USD 240k USD 1.3m USD 658k USD 1.5
Slide 8: Insights to game-changing contract of USD 14.5m
Insights to game-changing contract of USD 14.5m 1 2 STRATEGIC VALUE OF WINNING EVIDENCE OF CYVIZ’ ABILITY TO WIN PRESTIGUOUS PROJECT IN THIS REGION COMPLEX DEALS IN ALL REGIONS 3 4 CYVIZ SOLUTIONS ARE ATTRACTIVE PROJECT RANGES FROM ADVANCED FOR LARGE PROJECTS BOARD ROOMS, MEETING ROOMS AND OPERATION
Slide 9: Q3 financials
Q3 financials 9
Slide 10: Financial highlights
(all figures in MNOK) +82% Revenues Financial 102 100 120 116 • NOK 83m ahead of last year’s revenues YTD (+37%) highlights 64 70 55 58 57 • LTM at NOK 405m, up 44% y/y • Regional and vertical diversification REVENUES Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 continues +108% Gross profit
Slide 11: Cyviz Group order intake rolling months
ORDER INTAKE ROLLING 12 MONTHS Cyviz Group Q2 Q3 PERFORMANCE AFTER Q2 (MNOK) PERFORMANCE AFTER Q3 (MNOK) +64% 561 561 +45% 435 445 435 445 402 402 342 342 307 307 227 238 227 238 179 179 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q3 fi
Slide 12: Government & defense order intake
ORDER INTAKE ROLLING 12 MONTHS Government & defense Q2 Q3 PERFORMANCE AFTER Q2 (MNOK) PERFORMANCE AFTER Q3 (MNOK) +120% 237 237 +32% 124 124 108 107 108 107 101 101 93 93 84 84 62 62 62 62 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q3
Slide 13: Operating cash flow
Operating cash flow Q3 Key drivers Q3 Operating cash flow 7.4 • Commercial and operational performance • Control and discipline on accounts 7.7 70.7 receivables 68.0 • Improved insights and risk management on inventories 1.7 -14.2 Profit/loss ∆ Accounts ∆ Inventories ∆ Accounts Other* Operating befo
Slide 14: Outlook
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Slide 15: Increased demand and strong backlog
Outlook Increased demand and strong backlog Positive full-year 2022 EBITDA 1 Cyviz maintains the ambition of positive EBITDA in 2022 Capitalize on increased demand and strong backlog 2 Continue to convert pipeline opportunities within corporate, energy and government & defense verticals, and capital
Slide 16: Q&A
Q&A
Slide 17: Thank you
Thank you cywz / DON’T HOLD BACK™