JDC Group AG · XETR:JDC
JDC — FY2024 Earnings Presentation
22 slides from JDC's earnings presentation, Mar 10, 2025
Slide 1: Earnings Call FY 2024 (Preliminary)
EARNINGS CALL FY 2024 (PRELIMINARY) Best Year in the History of JDC Group Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) JDC Group AG 10 March 2025 1
Slide 2: JDC's Earnings Call presented by
JDC‘s Earnings Call presented by Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) Dr. Ramona Evens (COO) • Strategy • IT - Platform • Operations • Products • Finance • Human Resources • Investor/Public Relations • Legal & Compliance • Digital processes • M&A • Data Management JDC Group AG 10 March 2
Slide 3: Platform technology
Platform technology MAKING GERMAN INSURANCE DIGITAL JDC‘s platform is a market leader for the administration and processing of financial products and the #1 for insurance contracts. Currently there are 5.8M contracts on the platform. Direct Clients Next to increasing back-office efficiency thr
Slide 4: FY 2024 preliminary
FY 2024 preliminary • With more than EUR 60m, Q4 2024 sets a new record high as to turn-over in a single quarter, Turnover increasing the volume of the already very good Q4 2023 by more than 28 percent. 28.6% • Turn-over growth therefore reaches almost 29 percent for the full year 2024. • FY EBITDA
Slide 5: Q4/FY 2024 in Numbers – Group
FY 2024 preliminary Q4/FY 2024 IN NUMBERS – GROUP Q4 2024 FY 2024 FY FY Turnover in million EUR Q4 2024 Q4 2023 vs. vs. 28.6% 2024 2023 Q4 2023 FY 2023 Revenues 62.7 48.8 28.4% 220.9 171.7 28.6% 171.7m 220.9m → Advisortech 55.7 42.4 31.4% 197.0 150.9 30.6% → Advisory 11.1 9.6 15.9% 38.8 33.2 16.8% F
Slide 6: Strong growth in all product groups
Strong growth in all product groups Ongoing strong market development and the consolidation of Top Ten Group Turnover development FY 2024 (first time consolidation Dec 2023) lead to an extraordinary good growth of the 1.1m 18.4m +10% investment sector within JDC. 29.7m +17% +56% Insurance growth aga
Slide 7: Composition of turnover growth & turnover split
Composition of turnover growth & turnover split Turnover development FY 2024 Advisortech turnover split FY 2024 5.6m 1.4% 11.1m +16.8% IFA 35.1m +30.3% business +31.5% 24.3% Major customers 171.7m 220.9m 74.3% Direct clients IFA Major FY 2023 Advisory FY 2024 business customers • Direct clients with
Slide 8: Quarterly comparison shows a very strong fourth quarter 2024
Quarterly comparison shows a very strong fourth quarter 2024 70.000 +28% 60.000 +21% 50.000 +20% -8% 40.000 30.000 20.000 10.000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 2022 2023 2024 JDC Group AG 10 March 2025 8
Slide 9: FY 2024 in Numbers – Advisortech
FY 2024 preliminary FY 2024 IN NUMBERS – ADVISORTECH Q4 2024 FY 2024 FY FY Turnover ADVISORTECH Q4 2024 Q4 2023 vs. vs. 2024 2023 30.6% Q4 2023 FY 2023 Revenues 55.7 42.4 31.4% 197.0 150.9 30.6% 150.9m 197.0m Gross profit 14.9 12.8 16.7% 50.4 41.3 22.0% Depreciation and FY 2023 FY 2024 -1.1 -1.3 9.4
Slide 10: FY 2024 in Numbers – Advisory
FY 2024 preliminary FY 2024 IN NUMBERS – ADVISORY Q4 2024 FY 2024 FY FY Turnover ADVISORY Q4 2024 Q4 2023 vs. vs. 2024 2023 16.8% Q4 2023 FY 2023 Revenues 11.1 9.6 15.9% 38.8 33.2 16.8% 33.2m 38.8m Gross profit 4.7 3.8 22.7% 14.2 11.7 21.4% Depreciation and FY 2023 FY 2024 -0.5 -0.3 -70.1% -1.3 -1.2
Slide 11: Cash Flow Statement
FY 2024 preliminary CASH FLOW STATEMENT The cash flow statement has not yet been reconciled with the auditor. There may still be shifts within the items as part of the review. 01/2024 01/2023 FY 2024 Strong Cash flow from operating in kEUR – 12/2024 – 12/2023 vs. FY 2023 activities. Cash and cash eq
Slide 12: Further Facts
FY 2024 FURTHER FACTS SHARES BOND 23/28 SHAREHOLDER STRUCTURE Own shares 1.1% Provinzial 6% Management 11.2% Shares Outstanding 13,668,461 Volume 20,000,000 EUR Great West ISIN DE000A0B9N37 ISIN DE000A3514Q0 4. 26.9% Other Bloomberg JDC:GR Current Quote 105.80% Shareholders 48.8% (Tradegate) as of C
Slide 13: Spotlight
Spotlight ▪ Dr. Ramona Evens ▪ Status of Top Ten Integration ▪ Economies of Scale JDC Group AG 10 March 2025 13
Slide 14: New COO @ JDC: Dr. Ramona Evens
New COO @ JDC DR. RAMONA EVENS JOINS THE MANAGEMENT TEAM AS THE NEW COO Dr. Ramona Evens has been working in the financial and digital industry for 15 years. From 2008, she worked at the strategy consultancy The Boston Consulting Group. After completing her doctorate at the Chair of Finance and Bank
Slide 15: Integration Top Ten Group – on track and 95% done
Integration Top Ten Group – on track and 95% done Websites, Documents, Public ✓ ✓ Completion of Owner Control Procedure Presence Regulatory approval obtained, ensuring Unified branding and refreshed compliance and reinforcing the stability and communication strategy is rolled out legitimacy of the a
Slide 16: Economies of Scale
ECONOMIES OF SCALE JDC IS CONSTANTLY IMPROVING ITS SCALING EFFECTS • Total Costs are increasing due to first full year consolidation of the Top Ten Group • Increasing gross margin leads to a disproportional development of earnings and relevant KPIs JDC Group AG 10 March 2025 16
Slide 17: Guidance
Guidance JDC Group AG 10 March 2025 17
Slide 18: Guidance 2024
Guidance 2024 Guidance 2024 Achievements 2024 Turnover Turnover 205 to 220 million 220.9 million EBITDA EBITDA 14.5 to 16 million 15.1 million / pro forma 15.9 million • Integration of Top Ten Group Goals • Relevant turnover and gross margin from Summitas companies 2024 • Refocus on smaller IFAs – L
Slide 19: Guidance 2025
Guidance 2025 Achievements 2024 Guidance 2025 Turnover Turnover 220.9 million 245 to 265 million EBITDA EBITDA 15.1 million 18.5 to 20.5 million Goals • Seamless Integration of M&M into JDC Platform – combining Broker Management Platform and Product Intelligence 2025 • Meaningful development of our
Slide 20: Outlook 2030
Outlook 2030 MEGATRENDS CREATE HISTORIC GROWTH OPPORTUNITY Digitization Demography Turnover: 450 - 500 Mio. EUR EBITDA: 40 - 50 Mio. EUR Regulation Consolidation JDC Group AG 10 March 2025 20
Slide 21: Thank you for your attention!
Thank you for your attention! JDC Group AG 10 March 2025 21
Slide 22: Disclaimer
Disclaimer This presentation does not address the investment objectives or financial situation of any particular person or legal entity. Investors should seek independent professional advice and perform their own analysis regarding the appropriateness of investing in any of our securities. While JDC