JDC Group AG · XETR:JDC
JDC — Q1 2025 Earnings Presentation
22 slides from JDC's earnings presentation, May 12, 2025
Slide 1: Earnings Call Q1 2025
EARNINGS CALL Q1 2025 A strong start into the fiscal year 2025 again Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) JDC Group AG 12 May 2025 1
Slide 2: JDC's Earnings Call presented by
JDC‘s Earnings Call presented by Dr. Sebastian Grabmaier (CEO) Ralph Konrad (CFO) • Strategy • IT - Platform • Products • Finance • Investor/Public Relations • Legal & Compliance • M&A JDC Group AG 12 May 2025 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 6.0M contracts (data sets) on Direct Clients the platform. Exclusive Sales Next to increasin
Slide 4: Q1 2025 Turnover 62.2m
Q1 2025 • With more than EUR 62m, Q1 2025 sets a new record high as to turnover in a first quarter, Turnover exceeding the volume of the already very good Q1 2024 by more than 16 percent. 16.7% • Q1 EBITDA stands at EUR 5m with a growth of almost 24 percent, also a record high for a Q1 62.2m 53.3m H
Slide 5: Reorganization within the business segments
Reorganization within the business segments AFTER THE INTEGRATION OF THE TOP TEN GROUP, THE GROUP STRUCTURE OF JDC HAS BEEN OPTIMIZED → LESS COMPLEXITY AND ANNUAL COST SAVINGS OF > 250K BEFORE SINCE JAN 1st, 2025 • 3 legal entities providing a liability umbrella ("small • Only ONE legal entity (FiNU
Slide 6: Q1 2025 in numbers – Group
Q1 2025 Q1 2025 IN NUMBERS – GROUP Turnover 16.7% Q1 2025 vs. in million EUR Q1 2025 Q1 2024 Q1 2024 53.3m 62.2m Revenues 62.2 53.3 16.7% 48.3 11.3% → Advisortech 53.8 [45.6] [18.0%] Q1 2024 Q1 2025 8.7 55.9% → Advisory 13.6 [11.4] [18.8%] → Holding/IC -5.2 -3.7 -38.8% EBITDA 23.9% Gross profit 17.1
Slide 7: Strong growth in all product groups
Strong growth in all product groups Ongoing strong capital market Turnover development Q1 2025 development until January leads to further good growth of the investment 0.6m sector within JDC. 4.3m +19% 4.0m +13% +23% Insurance growth again stands at double digits. 62.2m 53.3m Real estate markets pro
Slide 8: Composition of turnover growth & turnover split
Composition of turnover growth & turnover split Pro forma Turnover development Q1 2025 Advisortech turnover split Q1 2025 4.9m 1.6% 2.5m IFA 3.0m +56% +20% business +9% +19% +20% +18% 28.6% Major customers 53.3m 62.2m 69.8% Direct clients IFA Major Q1 2024 Advisory Q1 2025 business customers • Growt
Slide 9: Q1 in Revenues only slightly below Q4
Q1 25 in Revenues only slightly below Q4 24 STRONG START INTO THE FISCAL YEAR 2025 70.000 +17% UKRAINE +22% 60.000 CRISIS 50.000 +20% +1% 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 2021 2022 2023 2024 2025 LIBERATION DAY? JDC Group AG 12 May 2025 9
Slide 10: Q1 2025 in numbers – Advisortech
Q1 2025 Q1 2025 IN NUMBERS – ADVISORTECH Q1 2025 Q1 2025 vs. Q1 2024 Turnover ADVISORTECH Q1 2025 Q1 2024 vs. Q1 2024 11.3% adjusted Q1 2024 adjusted Revenues 53.8 48.3 11.3% 45.6 18.0% 18.0% 48.3m 45.6m 53.8m Gross profit 13.0 12.6 3.0% 11.9 9.6% Depreciation and Q1 2024 Q1 2025 -1.1 -1.2 5.1% -1.2
Slide 11: Q1 2025 in numbers – Advisory
Q1 2025 Q1 2025 IN NUMBERS – ADVISORY Q1 2025 Q1 2025 vs. Turnover Q1 2024 ADVISORY Q1 2025 Q1 2024 vs. Q1 2024 18.8% adjusted Q1 2024 adjusted Revenues 13.6 8.7 55.9% 11.4 18.8% 55.9% 13.6m 11.4m 8.7m Gross profit 4.2 3.0 38.9% 3.8 11.3% Depreciation and Q1 2024 Q1 2025 -0.3 -0.3 -26.2% -0.3 -21.4%
Slide 12: Cash flow statement
Q1 2025 CASH FLOW STATEMENT 01/2025 01/2024 Q1 2025 in kEUR Strong and growing Cash flow from – 03/2025 – 03/2024 vs. Q1 2024 operating activities. Cash and cash equivalents at the beginning 24,654 26,362 -1,708 of the period Only small negative Cash flow from investment activities (smaller capital
Slide 13: Further facts: shares, bond 23/28, shareholder structure
Q1 2025 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 105.20% Shareholders 48.8% (Tradegate) as of C
Slide 14: Spotlights
Spotlights ▪ Platform Activity ▪ Liberation Day ▪ Share price performance JDC Group AG 12 May 2025 14
Slide 15: JDC platform activity 2025 at all-time high levels
JDC platform activity 2025 at all-time high levels # of orders slightly decreased by - 4.3%, BUT nevertheless the commission level is up due to higher contract volume # of contract transfers grew by + 14% Assets under Management increased by + 6.5% Annual net premium on the JDC platform incr
Slide 16: Liberation Day
The announcement of Liberation Day triggered tremor on the stock markets. Liberation Day Share prices fell dramatically. The US President's tariff threat is making investors ALMOST NO IMPACT ON THE BUSINESS MODEL insecure and nervous all over the world. What are the effects on our business? (OTHER T
Slide 17: Share Price Performance April / May 25
Share Price Performance April / May 25 Due to the sale of his AM Business, one shareholder has sold approx. 200k shares (via the stock exchange instead of OTC) JDC Group AG 12 May 2025 17
Slide 18: Guidance
Guidance JDC Group AG 12 May 2025 18
Slide 19: Guidance 2025 – on track
Guidance 2025 – on track Achievements Q1 Guidance 2025 Turnover Turnover 62.2 million 245 to 265 million EBITDA EBITDA 5.0 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
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 12 May 2025 20
Slide 21: Thank you for your attention!
Thank you for your attention! JDC Group AG 12 May 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