4ig Nyrt. · BET:4IG
4ig Nyrt — FY2021 Earnings Presentation
21 slides from 4ig Nyrt's earnings presentation, 2022
Slide 1: Partner in Digital Innovation: Investor Presentation Q4 2021
PARTNER IN DIGITAL INNOVATION I N V E S T O R P R E S E N T A T I O N Q 4 2 0 2 1
Slide 2: Executive Summary
EXECUTIVE SUMMARY
Slide 3: 2021 Key Milestones
2021 KEY MILESTONES ▪ 4iG has achieved a market leader position, has become the number one IT systems integrator in Hungary, and has closed landmark acquisitions transforming the Company into a new regional telecommunications group. ▪ 2021 was the strongest year in the history of 4iG: ▪ Net Revenue
Slide 4: 4iG Group at a Glance
4IG GROUP AT A GLANCE 25+ YEARS OF EXPERIENCE with merged subsidiaries FINANCIAL HIGHLIGHTS Revenue EBITDA HUF 240 BN Proforma* Market Cap HUF 404 BN c.a. 380.0 19 SUBSIDIARIES Proforma* EV HUF BN with ongoing acquisitions 93.0 c.a. 100.0 14.0 0.8 41.1 4.0 57.3 5.0 11.4 97+ 5500+ EMPLOYEES 2018Y 201
Slide 5: Acquisitions
TRANSACTION STATUS ✓ # TARGET COMPANIES ACQUISITION STATUS 1 • SP A w as signe d on 13t h Se pt e mbe r 20 21. ✓ • Transact ion w as close d on 30 t h Se pt e mbe r 20 21. ✓ 2 • SP A w as signe d on 27t h Oct obe r 20 21. ✓ Montenegro • Transact ion w as close d on 21st De ce mbe r 20 21. ✓ ✓ Acquis
Slide 6: 4iG Proforma Holding Structure
4IG PROFORMA HOLDING STRUCTURE Group </> 70 – 80% 75% HUNGARIAN 20 - 30% ANTENNA 25% HUNGARO 4iG IT / SI STATE HUNGÁRIA DIGITEL 51% 100% 100% HUMANSOFT 100% Transaction was closed on Share Agreement DTSM DIGI Szerviz 3rd January 2022 Spacecom signed on 12th October 2021. 70% 100% 100% INNObyte Poli
Slide 7: 4iG 2022–2030 Goals & Objectives
4IG 2022 – 2030 GOALS & OBJECTIVES: KEEP MARKET LEADER POSITION IN HUNGARY, AND BECOME A KEY TECHNOLOGICAL COMPANY IN THE REGION SHORT, MEDIUM 2030 IT 2030 TELCO TERM ▪ Acquisitions and ▪ Leading IT system ▪ Strategic organic growth: HU, integrator in the partnerships: CEE, SEE region Antenna Hungár
Slide 8: Telecommunication Update
TELECOMMUNICATION UPDATE
Slide 9: Antenna Hungária Capital Increase
ANTENNA HUNGÁRIA CAPITAL INCREASE ▪ 4iG and the Hungarian State have created a telecommunications super holding. ▪ As a first step 4iG has acquired a 71.6% controlling stake in Antenna Hungária through the injection of its assets, DIGI Group, Telenor Montenegro and Invitech, to create a leading tele
Slide 10: Hungary IT-Telco Service Offering Synergies
HUNGARY IT-TELCO SERVICE OFFERING SYNERGIES competitors Wired infrastructure Wireless infrastructure Media (TV, OTT) Mobile voice and internet Wired voice and internet Traditional business telecommunications ICT IoT and 5G Production and even
Slide 11: Venturing into Telecommunications: Building a New Regional Telco Group
VENTURING INTO TELECOMMUNICATIONS BUILDING A NEW REGIONAL TELCO GROUP 25% ▪ Right time to join the new 5G industry cycle and global Telco-IT Hungary convergence trend. ▪ Main target footprint: 4iG’s home market Hungary and the Western Balkans region ahead of EU accession talks. ▪ Strategic telco anc
Slide 12: Albania: Another Highly Attractive Broadband Investment Target
ALBANIA: ANOTHER HIGHLY ATTRACTIVE BROADBAND INVESTMENT TARGET IN THE REGION ▪ 2.8m population, the youngest in Europe by medium age (36)1 ▪ NATO member since 2009, EU-candidate status since 2014 Hungary ▪ Digitally skilled nation: more than 75% of population is using the internet and more than 95%
Slide 13: Transforming Albania into a Competitive Very High Capacity 5G Market
TRANSFORMING ALBANIA INTO A LEADING-EDGE COMPETITIVE VERY HIGH CAPACITY 5G MARKET ▪ Nr1 incumbent fixed-line operator with copper-based + ▪ Pure-play mobile-only telco, pioneering mass- coverage of over 600k households and rapidly growing affordable 4G unlimited mobile data pricing concept footprint
Slide 14: 2021 FY Financial Update
2021 FY FINANCIAL UPDATE
Slide 15: 2021 FY Net Revenue Bridge
2021 FY NET REVENUE BRIDGE NET REVENUE BY BUSINESS SEGMENT NET REVENUE BUILD-UP +62% 2020 2021 120,000 100,000 92,983 80,000 HUF Mn 53,012 60,000 32,122 57,300 40,000 15,268 33,504 20,000 8,623 20,190 0 Q1 H1 Q1-Q3 Y 4 i G I N V E S T O R P R E S E N T A T I O N | Q 4 2 0 2 1 15
Slide 16: 2021 FY EBITDA Bridge
2021 FY EBITDA BRIDGE EBITDA EBITDA BREAKDOWN BY QUARTER +125% 2020 2021 12,000 11,360 10,000 8,000 HUF Mn 6,000 3,525 4,000 5,047 1,774 2,000 1,004 2,818 578 1,360 0 Q1 H1 Q1-Q3 Y 4 i G I N V E S T O R P R E S E N T A T I O N | Q 4 2 0 2 1 16
Slide 17: 2021 FY P&L Overview
2021 FY P&L OVERVIEW 4iG Group ▪ In 2021, earnings growth was generated by the 2020Y 2021Y 2021Y / 2020Y combined effect of significant organic sales (HUF Mn) Net Revenues 57,300 92,983 62% growth and the companies acquired. Other operating income 480 2,413 403% Total income 57,780 95,396 65% ▪ Acco
Slide 18: 2021 FY Balance Sheet Summary
2021 FY BALANCE SHEET SUMMARY NET DEBT/(-CASH)(1) WORKING CAPITAL(2) HUF Mn HUF Mn 300,000 300,000 261,907 250,000 250,000 200,000 200,000 164,664 150,000 150,000 100,000 100,000 50,000 50,000 4,757 0 0 -2,649 2020Y 2021Y -50,000 2020Y 2021Y (1) Net debt: including provisions and short & long-term l
Slide 19: Q&A
Q&A
Slide 20: Thank You for Your Attention!
THANK YOU FOR YOUR ATTENTION!
Slide 21: Disclaimer
DISCLAIMER THIS PRESENTATION WAS MADE BY 4iG PLC (HEADQUARTERS: 1037 BUDAPEST, MONTEVIDEO U. 8). THE PRESENTATION SHALL CONTAIN ONLY FACTUAL INFORMATION AND REASONABLY DRAWN CONCLUSIONS VIA REASONABLE CALCULATIONS, FORMALLY PUBLISHED BY THOSE WHO ARE ENTITLED FOR THIS, IN ACCORDANCE WITH THE RELEVAN