Fixed.zone A.s. · PSECZ:FIXED
Fixed.zone A.s — IPO Roadshow (October 2021)
31 slides from Fixed.zone A.s's IPO roadshow presentation, Oct 15, 2021
Slide 1: Presentations for Investors
PRESENTATIONS FOR INVESTORS PROMOTIONAL MESSAGES FIXED.zone a.s. 15.10.2021
Slide 2: Legal Notice
LEGAL NOTICE THE TEXT BELOW IS A PROMOTIONAL MESSAGE The prospectus of the shares has been approved by the Czech National Bank and published by the issuer in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the European Council of 14 June 2017 on the prospectus to be publi
Slide 3: Presentation Content
PRESENTATION CONTENT • Company introduction (page 4) • Why Invest (page 21) • Transaction parameters (page 23) • Financial information (page 24) • Where to buy shares (page 28) 3
Slide 4: Who We Are
WHO WE ARE We are FIXED.zone a.s., a domestic leader in the 90 employees development, production and sale of accessories for mobile phones, tablets, wearables and smart accessories. 255 miles. CZK turnover 2020 We have the ambition to become a pan-European leader in our industry through a combinatio
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Slide 6: Time Axis
TIME AXIS Establishment of the company 2001 2004 Distribution of Italian accessory brands Opening of the Moto segment 2006 2013 Establishment of RECALL Slovakia Acquisition of the production plant in Prostějov 2014 2015 Origin of the FIXED brand The beginning of the development of the SMART category
Slide 7: What We Do
WHAT WE DO • We supply not only a product range, but a complete service • We manage 1.2 km of sales presentations in the Czech Republic for our partners • Complete portfolio management and exposure • Maximising the performance of sales areas Since 2015, we are not only a distributor, but also a deve
Slide 8: Information on the Accessories Market
INFORMATION ON THE ACCESSORIES MARKET • Attractive field. Products that everyone needs • Growing market • More and more people are using a smartphone • Increasing use of mobile phones (payment, navigation, photography, communication - Home office) • New technologies (wireless charging, true wireless
Slide 9: Own Brand FIXED in Numbers
OWN BRAND FIXED IN NUMBERS The FIXED brand ensures the overall growth of the company. Focusing on one brand works. % OF BRANDS IN SALES FIXED 32 % 38 % Other 43 % 48 % 53 % 63% 79 % 93 % 68 % 62 % 57 % 52 % 47 % 37% 21 % 7% 2015 2016 2017 2018 2019 2020 01-08 01-08 2020 2021 8
Slide 10: The Main Pillar of the Product Range
THE MAIN PILLAR OF THE PRODUCT RANGE FIXED ACCESSORIES FOR SMARTPHONES, TABLETS AND WEARABLES FIXED product standards: • Quality, we want loyal pledges • Ecology, quality is the alternative to consumption • Beautiful and functional design • Ease of use • Certification for the EU • Long-term testing •
Slide 11: The Future of the Range - Smart Tech
THE FUTURE OF THE RANGE - SMART TECH SMART FIXED ECOSYSTEM FOR CONVENIENT LIFE AND BUSINESS MANAGEMENT Pillars of our own research and development: • We solve real customer problems • We are obsessed with user experience • We care about simple and functional design • We protect the security and priv
Slide 12: Luxury Leather Production
LUXURY LEATHER PRODUCTION Since 2014 we own and operate a modern sewing workshop in Pro- stejov with 30 employees. It is here, in a city with a long tradition of clothing, that luxury leather cases for phones, tablets, laptops and smart wallets with FIXED Smile locator are created. 11
Slide 13: New Packaging
NEW PACKAGING • Clean design, product focus • Connecting character "X" • 1.2 million units sold in 2020 • Easy sorting • All-paper, eco-friendly 12
Slide 14: Largest Business Partners in the Czech Republic
LARGEST BUSINESS PARTNERS IN THE CZECH REPUBLIC:
Slide 15: E-Resource
E-RESOURCE • Great potential worldwide. • Plan to enter 25 selected e-marketplaces across Europe ... 14
Slide 16: Pilot E-Market Portal - eMAG
PILOT E-MARKET PORTAL - EMAG • Regular growth every month • 800 thousand. CZK per month after 9 months from the beginning of cooperation • Chart - Turnover in Romanian New Lei currency excluding VAT (Exchange rate as of 31/08/2021 - 1 RON = 5,171 CZK) 180 000 140 000 100 000 60 000 20 000 Turnover R
Slide 17: Own D2C E-shop
OWN D2C E-SHOP • World trend in sales (Tesla, Apple) • Direct relationship with the consumer • News campaigns • Localization in each country www.FIXED.zone 16
Slide 18: Export via Distributors
EXPORT VIA DISTRIBUTORS • Rapid market penetration • Lower margins • Lower costs THE COUNTRIES CURRENTLY ON THE AGENDA: Hungary, Germany, the Netherlands, Norway, Sweden, Denmark, Finland and Portugal 17
Slide 19: Shareholders and Management
ACTIONERS DANIEL HAVNER RADEK DOUDA JAN MORAVEC MAREK HAVNER LIBOR ZEZULKA Commercial Director, Back office director, CEO since 2014 Key Account Business developer Founder and Managing founder and Manager and Director managing director Founder Responsible for company Responsible for new Responsible
Slide 20: Capital Structure
CAPITAL STRUCTURE CAPITAL STRUCTURE BEFORE IPO CAPITAL STRUCTURE AFTER IPO (1) Shareholder Number of shares before Share of voting rights before Shareholder Number of shares after Share of voting rights after subscription subscription subscription subscription Daniel Havner 990 000 pcs 49,5 % Daniel
Slide 21: Use of IPO Revenues
USE OF IPO REVENUES 45% stock enhancement Internal development Strengthening the warehouse Internal 20% development 20% Product development 15% 45% Product 15% development Expansion 10% 10% 10% Expansio Marketing 10 % n Marketing 20
Slide 22: Why Invest
WHY INVEST • Clear long-term vision • Experienced management • A promising and growing field • Established company with positive EBITDA • In-house product • Network of stable sales partners development and production • Over a 5-year horizon - reinvest all resources into growth * • Building a global
Slide 23: Testimonials
TESTIMONIALS RECALL / FIXED.zone is our long- FIXED.zone is a reliable supplier for FIXED.zone (formerly RECALL s.r.o. We are delighted that in addition to standing business partner with an us, which is able to constantly bring ) has been one of our main suppliers the already running business emphas
Slide 24: FIXED.zone a.s. on the Market START
FIXED.ZONE a.s. ON THE MARKET START IPO date on the START market: 19 October 2021 - 2 November 2021 Opening of the IPO at 10:00 on 19 October 2021 | IPO closing at 12:00 on 2 November 2021 ISIN: CZ0009011086 |Ticker : FIXED • Expected company valuation (100%): 358 - 438 mil. CZK 438 million (1) • Nu
Slide 25: Financial Information - Sales
FINANCIAL INFORMATION - SALES 217 miles. CZK +7 % 281 miles. CZK +16,38 % 535 million. CZK Sales 2018 Average annual Expected revenue Average annual Projected revenue growth from 2018- 2021 growth between 2025 2021 2021 and 2025 Verified data Estima te 600 500 400 300 200 100 0 Total sales in mill.
Slide 26: Financial Information - EBITDA
FINANCIAL INFORMATION - EBITDA 23.5 million. CZK 8,39 % 59.6 million. CZK 11,14 % Expected EBITDA in EBITDA margin Projected EBITDA EBITDA margin 2021 2021 in 2025 2025 Verified data Estima te 70 12 % 60 50 10 % 40 8% 30 6% 20 4% EBITDA in mill. CZK 10 2% EBITDA margin in % 0 2018 2019 2020 2021 202
Slide 27: Financial Information - CAPEX
FINANCIAL INFORMATION - CAPEX Estimate of capital investments in the coming years: Verified data Estima 20 7 te 18 % 16 6% 14 12 5% 10 4% 8 6 3% 4 2% CAPEX 2 0 1% CAPEX / sales in % 2018 2019 2020 0% 2021 2022 2023 2024 2025 26
Slide 28: Company Valuation
COMPANY VALUATION 3. Quartile Post-Money Enterprise Value of Valuation multiples (in millions FIXED.zone a.s. CZK) The final value of the company after the IPO 1. Quartile process (the so-called post- Valuation multiples (in millions money Enterprise Value) lies CZK) in the range of CZK 483 - 577 mi
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Slide 30: Where to Buy Shares
WHERE TO BUY SHARES To place orders leading to the purchase or sale of FIXED.zone shares, we recommend contacting the following members of the Prague Stock Exchange: FIO BANKA, A.S. PATRIA FINANCE, A.S. WOOD & COMPANY FINANCIAL SERVICES, A.S. www.fio.cz www.patria.cz o.portu.cz [email protected] patria
Slide 31: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION Further information on the transaction can be found in the Prospectus and the analyst report. If you have any questions about the upcoming transaction, please do not hesitate to contact. Jan Moravec Daniel Havner Tomas Morava Company Director / CEO Business Director Resp