Init innovation in traffic systems SE · XETR:IXX
Init innovation in traffic systems — Shareholder Meeting (May 2022)
38 slides from Init innovation in traffic systems's shareholder meeting presentation, May 18, 2022
Slide 1: Next Level of Mobility – Shareholders' Meeting 2022
NEXT LEVEL OF MOBILITY Shareholders‘ Meeting 2022 on 18 May 2022 Dr. Gottfried Greschner, CEO 13 May 2022
Slide 2: init - for over 20 years on the stock exchange
init - for over 20 years on the stock exchange • Initial listing 24 July 2001: EUR 5.10 • Dividend per share since IPO: EUR 6.76 • Only two successful IPOs in 2001: Deutsche Börse and init • Revenues increase from EUR 22.9m to EUR 177m • All time high 10 August 2021: EUR 48.50 • Dividend paid out so
Slide 3: Management board & supervisory board
Management board & supervisory board Management board Dr. Gottfried Greschner Dr. Jürgen Greschner Jennifer Bodenseh Matthias Kühn CEO CSO and Deputy CEO CFO COO 13 May 2022 Supervisory board Chairman Deputy Chairman Member Member Dipl.-Kaufm. Dipl.-Ing. Dipl.-Ing. (FH), M.A. Drs. Hans-Joachim Rühli
Slide 4: Urban mobility as expanding market
Urban mobility as expanding market 2050 67 trillions passenger kilometres 2030 43 trillions passenger kilometres „… the market for ITS in public 2010 transport is in a growth phase 26 trillions passenger kilometres which will last for several years to come." Berg Insight 2018 4 13 May 2022
Slide 5: Funding programs for infrastructure including PT (US)
Funding programs for infrastructure including PT US • Infrastructure Investment and Jobs Act The Infrastructure Investment and Jobs Act. (IIJA) - Provides USD 108.2 bn for public transport over five years. The Act also provides USD 102.1 bn for passenger and freight 560 bn transport over five years
Slide 6: Funding programs for infrastructure including PT (GER, UK)
Funding programs for infrastructure including PT GER Increased funding as part of the Federal Climate Protection Program 1-2 bn EUR 1 bn per year, EUR 2 bn per year starting 2025 EUR per year 13 May 2022 UK • GBP 5 bn funding for walking, cycling and buses 13 bn • GBP 13 bn per year for rail service
Slide 7: init at a glance
init at a glance +1,000 +300 +220 employees +130 passenger planning and +1,100 worldwide ITCS/RTPI counting personnel transport systems systems assignment providers systems 13 May 2022 ~180m +160,000 +140 +39 EUR +30 ticketing systems vehicles revenues equipped years of locations experience worldwid
Slide 8: Projects in Germany & North America
Projects in Germany & North America North America Hamburg Schwerin Bremen Berlin Hannover Magdeburg 13 May 2022 Düsseldorf Weimar Dresden Wiesbaden Mainz Germany Stuttgart Munich 8 13 May 2022
Slide 9: Worldwide references
Worldwide references Projects with more than 1,000 vehicles Montreal/Canada Birmingham/UK 1,950 vehicles 1,600 vehicles Oslo/Norway Vancouver/BC/Canada 1,400 vehicles 1,600 vehicles Stockholm/Sweden 2,300 Vehicles Dublin/Ireland Seattle/WA/USA 1,000 vehicles Dresden/Germany 1,400 vehicles Bavaria/Ge
Slide 10: Open interfaces of the integrated solutions
Open interfaces of the integrated solutions Operation control & Real-time passenger information Planning & Dispatching Ticketing & Fare management 13 May 2022 Analyzing & Optimizing Customer support & Operations Electromobility Open mobility platforms 10 13 May 2022
Slide 11: Integrated solutions: Operation control & real-time passenger information
Integrated solutions for public transport Operation control & Real-time passenger information Société de transport de Montréal • Intermodal Transport Control System MOBILE-ITCS • High service quality 13 May 2022 • Incident and workflow management • 350 online redirections per day can only be handled
Slide 12: Integrated solutions: Planning & Dispatching
Integrated solutions for public transport Planning & Dispatching ARRIVA, Netherlands PERDIS • init organizes the overall personnel assignment process • Personal assignment system MOBILE-PERDIS NEW: 13 May 2022 By optimising duty scheduling with the help of artificial intelligence, driver satisfactio
Slide 13: Integrated solutions: Ticketing & Fare management
Integrated solutions for public transport Ticketing & Fare management Nottingham, UK • “Tap and Go” solution using init’s contactless ticketing technology • 1st multi-operator ticketing system in UK (outside 13 May 2022 London) • Best-price guarantee with init's contactless ticketing 335 validators
Slide 14: Ticketing & Fare Management: New major order 2021
Integrated solutions for public transport Ticketing & Fare Management: New major order 2021 METRO, Houston USA: EUR 30m USD order in 2021 • init Smart Ticketing • METRO Houston ITCS customer since 2002 13 May 2022 • Account-based fare management system • Ticket purchase with cash, smart card, credit
Slide 15: Integrated solutions: Customer support & operations
Integrated solutions for public transport Customer support & operations Integrated Transport Centre, Abu Dhabi (since 2011) • Attractive and reliable bus services in Abu Dhabi with high-end technology from INIT. • Integrated telematics product suite from init 13 May 2022 Preventive & reactive main
Slide 16: Integrated solutions: Electromobility
Integrated solutions for public transport Electromobility Keolis, Netherlands (since 2007): • One of the largest e-bus fleets in Europe in operation • Fleet management system from init (MOBILE-ITCS) System is constantly adapted to changing requirements. 13 May 2022 • Since 2020: Numerous modules o
Slide 17: Integrated solutions: Open mobility platforms
Integrated solutions for public transport Open mobility platforms regiomove: The innovative mobility concept • Smartphone app for planning, information, booking and payment 13 May 2022 • "Mobility-as-a-Service" from a single source • Regional approach • Next steps: Integration of further modes of To
Slide 18: Innovation initiative nextGen: prepared for the future
Innovation initiative nextGen: prepared for the future MOBILE-PERDIS nextGen Work easier & more efficiently » Cloud- and browser based » New modules for enhanced overview TaaS – Ticketing as a Service Cloud-hosted platform solution » Fast and cost-efficient to implement MOBILEguide » Always upt-to-d
Slide 19: Innovation initiative nextGen
Innovation initiative nextGen Simple data migration Open Architecture. Open by Design REST First (API) Secure by Design Design principles Cloud platforms and AI and optimisation web standards algorithms Scalable service-based products 19 (Software as a Service) 13 May 2022
Slide 20: New product/new market: fleet management for rail
New product/new market: fleet management for rail MOBILE-ITCSrail • Display of the special features of railway systems (traction, coupling/uncoupling, track change, single track, etc.) • Train configuration management • Extended rail-specific passenger information • Numerous railway-specific interfa
Slide 21: New product/new market: electromobility
New product/new market: electromobility Electromobility • Number of electric buses growing rapidly worldwide • Short and also fluctuating ranges • Long charging times • Integrated product suite eMOBILE optimises planning and operation • First success also abroad: two of the largest electric bus flee
Slide 22: New market: Licence for charging stations
New market: Licence for charging stations Smart Charging • Software for charging columns • Intelligent charging from wallboxes to fast charging station • Already 40 customers • Subsidiary CarMedialab 13 May 2022
Slide 23: New Market: 1st US order for subsidiary HanseCom
New Market: 1st US order for subsidiary HanseCom Mobile Ticketing App System • STA transport area: Seven cities region Spokane, WA/USA account-based and contactless ticketing • Introduction of a background system for revenue management, the delivery of ticket terminals and an app for mobile ticketin
Slide 24: Current financial key figures for financial year 2021
Current financial key figures for financial year 2021 24 13 May 2022 24.03.2022
Slide 25: init SE: Erwerb eigener Aktien lt. § 71 AktG
init SE: Erwerb eigener Aktien lt. § 71 AktG Bestand an eigenen Aktien zum 01.01.2021 109.365 Stück 2021: Ausgabe an Vorstände, Geschäftsführer und Leistungsträger im Rahmen des - 25.328 Stück Motivationsprogramms 2021: Rückkauf eigener Aktien + 20.000 Stück Bestand an eigenen Aktien zum 31.12.2021
Slide 26: Revenues
Revenues (EURm) 190-200 180.7 176.7 130.6 135.7 156.5 190-200 million EUR 13 May 2022 target for 2022 -2 % compared with previous year due to effects of corona pandemic and shortage of materials 2017 2018 2019 2020 2021 2022e 26 13 May 2022
Slide 27: Revenues per region
Revenues per region (in per cent) Germany Rest of Europe North America Other countries 38 37 30 31 23 20 13 May 2022 12 9 Durchschnitt 2021 Durchschnitt 2021 Durchschnitt 2021 Durchschnitt 2021 2016-2020 2016-2020 2016-2020 2016-2020 27 13 May 2022
Slide 28: EBIT
EBIT (EURm) 15-20 19.6 17.6 10% 16.2 13 May 2022 EBIT margin 8.6 6.4 maintained at previous year's level 2017 2018 2019 2020 2021 2022e 28 13 May 2022
Slide 29: Consolidated net profit
Consolidated net profit (EURm) 14.9 12.4 1.25 11.3 13 May 2022 EUR 3.6 earnings per share 2.4 2017 2018 2019 2020 2021 29 13 May 2022
Slide 30: Gross profit
Gross profit (EURm) 62.2 62.7 35.5% 53.2 46.0 42.7 13 May 2022 gross margin above previous year‘s level 2017 2018 2019 2020 2021 30 13 May 2022
Slide 31: Order intake
Order intake (EURm) 179.2 161.8 160.2 179 154.6 139.4 13 May 2022 million EUR highest order intake in company‘s history 2017 2018 2019 2020 2021 31 13 May 2022
Slide 32: Order backlog
Order backlog (EURm) 152 135 143 135 126 117 13 May 2022 million EUR very good basis for the coming financial year 2022 2017 2018 2019 2020 2021 32 13 May 2022
Slide 33: Operative cash flow
Operative cash flow (EURm) 24.4 21.1 16.0 2022 12.8 13 May 2022 higher level expected due to positive development order intake and order backlog 2.0 2017 2018 2019 2020 2021 33 13 May 2022
Slide 34: Equity ratio
Equity ratio (in per cent) 102.6 47.3 40.0 13 May 2022 million EUR equity 2020 2021 34 13 May 2022
Slide 35: Expenditure R&D
Expenditure R&D (EURm) total 46.5 total 47.8 7.1% basic development 11.0 12.6 of revenues developments within the scope of projects 13 May 2022 (basic development) 35.5 35.2 52.3m EUR basic development in the past 5 years 2020 2021 35 13 May 2022
Slide 36: Growth areas
Growth areas • High investments in R & D and personnel pay off more and more • Products with high growth rates in the market: e-ticketing, e-mobility, hosting and operations and next generation • Cross-selling 13 May 2022 • New markets are being developed: Electromobility (charging columns), rail...
Slide 37: Further Roadmap
Further Roadmap Stable revenues and EBIT level for FY 2021 135m EUR achieved order backlog 31 Dec 2021 Cautious planning for FY 2022 From 2023 onwards 190-200m EUR long-term and revenues 2022e sustainable growth target of 10-15 percent on average achievable 15-20m EUR EBIT 2022e 37 13 May 2022
Slide 38: Thank you for your interest.
Thank you for your interest. Financial Calendar 2022 12 May 2022 Quarterly Statement Q1 2022 18 May 2022 Annual General Meeting 2022 10 August 2022 Half-Year Financial Report 2022 12 November 2022 Quarterly Statement Q3 2022 Dr. Gottfried Greschner, CEO IR-contact init innovation in traffic systems
init innovation in traffic systems — Shareholder Meeting (May 2022) on 6ix