Ssh Communications Security Oyj · OMXHEX:SSH1V

Ssh Communications Security Oyj — H1 2001 Earnings Presentation

14 slides from Ssh Communications Security Oyj's earnings presentation, Aug 1, 2001

  1. Slide 1: SSH Communications Security Corp Financial Results 1-2 Q 2001

    SSH Communications Security Corp Financial Results 1-2 Q 2001 August 1, 2001 SSH Communications Security Oyj COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 1

  2. Slide 2: Forward-looking statements

    Certain statements that are not historical facts including certain statements over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achieve

  3. Slide 3: Financial Highlights 1H/2001

    Financial Highlights 1H/2001 § 1H/01 revenue growth 79,5% § 43 new agreements over 50 kEUR § Order postponements in 2Q/01 due to the market uncertainty § Number of customer evaluations increasing § Strong investment in R&D (38.3% of net sales) § (44,1 % including hardware manufacturing related inves

  4. Slide 4: Financial Highlights 1H/2001

    Financial Highlights 1H/2001 § Modest personnel growth § Modest growth in operating expenses from Q1 to Q2 (5,4% mainly in marketing) § EBIT –2,3 MEUR, Net profit -1,3 MEUR (83,3 % in liquid assets) § Equity ratio 94,8 % COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.

  5. Slide 5: New Products

    New Products § SSH Complete VPN™ launch in the end of March § First SSH Complete VPN™ letter-of-intent with Kolumbus (ISP) part of Elisa Communications § Introduction of SSH Certifier™ (full PKI/CA) in April § First Certifier customer contract signed § Partnership with Symbian to provide security fo

  6. Slide 6: Key Financials 1-2Q01

    Key Financials 1-2Q01 1000 EUR 1-2Q00 % of sales 1-2Q01 % of sales Revenues 5 865 10 529 Gross Margin 5 508 93.9% 8 223 78.1% Research and Development 2 972 50.7% 4 029 38.3% Sales and Marketing 2 081 35.5% 4 822 45.8% Administration 918 15.7% 2 160 20.5% Other Operating Income 122 450 EBIT -342 -5.

  7. Slide 7: Quarterly Financials

    Quarterly Financials 1000 EUR 3Q00 4Q00 2000 1Q01 2Q01 Revenues 4 433 5 327 15 625 6 404 4 125 Gross Margin 3 569 4 788 13 864 5 019 3 204 Research and Development 1 957 1 852 6 707 2 113 1 917 Sales and Marketing 1 540 2 905 6 526 2 271 2 551 Administration 871 783 2 572 978 1 182 Other Operating I

  8. Slide 8: Revenue Breakdown

    Revenue Breakdown MEUR 7 One time licence fees 6 Royalties, associated down payments, and maintenance fees 5 4 3 2 1 0 2Q99 3Q99 4Q99 1Q00 2Q00 3Q00 4Q00 1Q01 2Q01 COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 8

  9. Slide 9: Personnel Growth

    Personnel Growth Personnel growth 213% during the year 2000 200 179 181 180 172 159 160 140 126 120 100 80 60 40 20 0 2Q00 3Q00 4Q00 1Q01 2Q01 COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 9

  10. Slide 10: Net Sales Per Region

    Net Sales Per Region Others North Others 4% America 17.8% 42.4% Europe 23% North America 46% Europe 18.7% Finland Finland 27% 21.1% 1-2Q01 year 2000 10,5 MEUR 15,6 MEUR COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 10

  11. Slide 11: Outlook 2001

    Outlook 2001 § Revenue estimate 25 Meur § Tight cost control § Investment into R&D, new products and technologies will continue as planned § Fiscal results slightly negative COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 11

  12. Slide 12: Future Directions

    Future Directions § Intensified R&D of selected Internet (IP) security technologies to provide state-of- the-art OEM toolkits for leading-edge customers § Expansion of product portfolio to virtual private networks § Expansion to data security solutions for the wireless Internet and third generation

  13. Slide 13: SSH Total Solution

    SSH Total Solution •SSH Sentinel™ •SSH Secure Shell Certification Authority Wireless •SSH Secure Shell for •SSH Certifier ™ Internet / Product Family Handhelds WLAN UMTS •SSH Sentinel™ Partner / •SSH Secure Shell subsidiary •SSH Sentinel™ Headquarters Internet •SSH Secure Shell •SSH VPN Gateway •SSH

  14. Slide 14: Making the Internet Secure

    ”Making the Internet Secure™” COPYRIGHT © 2001 SSH COMMUNICATIONS SECURITY OYJ. ALL RIGHTS RESERVED. www.ssh.com 14

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