Knowit Ab · OMXSTO:KNOW
Knowit Ab — Q4 2022 Earnings Presentation
19 slides from Knowit Ab's earnings presentation, February 2023
Slide 1: Continued growth and increased dividend
Year-end release January – December 2022 Continued growth and increased dividend INVESTOR PRESENTATION / FEBRUARY 2023
Slide 2: Today's presenters
Today’s presenters: Per Wallentin Marie Björklund CEO & President CFO INVESTOR PRESENTATION / FEBRUARY 2023
Slide 3: Q4 in brief: A stable ending of the year
Q4 in brief: A stable ending of the year ü Demand for digitalisation experience and competence remain high, but some reluctance seen with some clients ü Increased focus on sales activities ü Strong performance in business area Connectivity ü Higher share of sub-consultants in certain larger projects
Slide 4: 2022 in brief: A year of great development
2022 in brief: A year of great development ü Strong demand throughout the year, high need for support in digital transition and projects that reduce climate impact ü Very high need to increase competence base, a year with positive net recruitment ü Knowit one of the drivers of the Nordic consolidati
Slide 5: Accelerating the agenda towards a sustainable society
Sustainability targets 2023: Accelerating the agenda towards a Digitalisation of Norwegian sustainable society hydropower plant ü Statkraft, Europas largest producer of renewable energy needed help to digitize its hydropower plant ü By 2030, 80% of net sales shall contribute to at in Southern Sweden
Slide 6: Business area: Solutions
Business area: Solutions System development and solutions ü Nordic market leader in systems development ü Stable development and demand, particularly in Norway and Sweden ü Increased used of sub-consultants in Norway to meet client demand impact margins negatively ü Reduced focus on recruitment in D
Slide 7: Business area: Experience
Business area: Experience The largest digital agency in the Nordic region ü Strong position in e-commerce and data- driven customer experience ü Improved delivery capacity through operations in Poland ü Longer lead times to get consultants in projects after period of heavy recruitment Experience ü S
Slide 8: Business area: Connectivity
Business area: Connectivity Supporting a connected world ü Market leader in embedded systems development and secure applications ü Strong ending of the year with good growth and improved margin ü Positive development in Poland with several new assignments ü Longer lead-times noted among individual C
Slide 9: Business area: Insight
Business area: Insight The digital management consultants ü Focus on Security and Digital transformation ü Good demand in Sweden and Norway, especially within Cyber Security ü Recovery in Finland contribute to overall positive Insight development compared to Q3 2022 OCT-DEC 2021 OCT-DEC 2022 OCT-DEC
Slide 10: Q4 in figures
Q4 in figures INVESTOR PRESENTATION / FEBRUARY 2023
Slide 11: The quarter in figures
The quarter in figures 1,972.9 179.3 9.1% Net sales increased Adjusted EBITA in line with The adjusted EBITA margin by 25% (1,575.9 million) last year (181.1 million) was 9.1% (11.5)
Slide 12: 2022 in figures
2022 in figures 6,833.8 608.5 8.9% Net sales increased Adjusted EBITA increased by The adjusted EBITA margin by 42% (4,811.8 million) 25% to (487.9 million) was 8.9% (10.1)
Slide 13: Revenues and EBITA
Revenues and EBITA 6,834 Adjusted development SEK, millions 4,812 608 488 3,379 336 1,576 1,695 1,011 1,034 1,645 1,521 1,973 1,191 924 181 194 141 108 103 179 105 98 95 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 2021 2021 2021 2022 2022 2022 2022 2020 2021 2021 2021 2021 2022 2
Slide 14: Net debt development
Net debt development SEK, MILLION Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 ü Healthy balance sheet and solid financial Cash eqvuivalents 498 639 716 723 851 position Interest-bearing liabilities 700 800 550 455 455 Future considerations and ü Net debt of 1,096 MSEK additional considerations (aqcuisit
Slide 15: Stable position lay foundation for continued growth
Stable position lay 4 3 foundation for continued 4 9 growth 39 10 ü Strong growth in the past years have created 15 a solid and broad platform 16 ü Public Sector, the single largest segment with SALES PER CLIENT INDUSTRY OCTOBER – DECEMBER 2022 39% of revenues Public sector 39% (37) Retail and servi
Slide 16: Summary and outlook
Summary and outlook ü Stable ending of the year with good growth and adjusted EBITA inline with last year ü Unsecure macro outlook imply longer decision- making processes for clients ü Increased need of sub-consultants to meet customer demands, having a negative margin impact ü Shift in focus from r
Slide 17: Q&A
Q&A INVESTOR PRESENTATION / FEBRUARY 2023
Slide 18: “A siietama Ne «
“A siietama Ne « and Aumane society" through digitalization andunnovation ayant
Slide 19: knowit
knowit