UniDevice AG · LS:A11QLU
UniDevice — Investor Presentation (November 2019)
23 slides from UniDevice's investor presentation, November 2019
Slide 1: In a Billion Dollar Market on Growth Track
IN A BILLION DOLLAR MARKET ON GROWTH TRACK Investor Presentation November 2019
Slide 2: Disclaimer
DISCLAIMER UniDevice AG, Berlin, (hereinafter referred to as “UniDevice") provides in this presentation, to the best of its knowledge, only relevant and up-to-date information. UniDevice assumes no responsibility or guarantee for the up-to-dateness, correctness and completeness of the information. T
Slide 3: Business Model, Market Development, Finances, Outlook
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 2
Slide 4: Mission Statement
MISSION STATEMENT The digitisation of private and professional life is in full swing and with 5G mobile communication is once again making a quantum leap. As a broker for communications and consumer electronics with a focus on high-priced smartphones, UniDevice is on a growth path in a billion-dolla
Slide 5: About Us
ABOUT US Clear core competence International B2B broker for high-priced smartphones Business model established iPhone focus since 11 years Slim structure Locations in Berlin & Kassel with 20 employees Strong growth Sales from 135 Mill. € in 2016 to 317 Mill. € sales in 2018 (CAGR 53%) EBIT from 0.76
Slide 6: Business Model
BUSINESS MODEL Demand inquiries Request for quotation Deal completion Delivery Delivery at the customer from the supplier with customer and to UniDevice to customer (mobile service providers, (distributor, dealer) supplier wholesalers and retailers) Stock turnover of only 3-8 days & immediate paymen
Slide 7: Benefits for Our Customers
BENEFITS FOR OUR CUSTOMERS Customer Supplier He receives the products that are He... really in demand... − ...can fulfill his purchase − ...in no time, commitment to the − ...at an attractiv price, manufacturer, − ...in appropriate quantities, − ...gets fast liquidity, UniDevice is a supply chain −
Slide 8: What Distinguishes Us?
WHAT DISTINGUISHES US? Dr. Christian Pahl − We are the first in Germany to specialise in the thitherto CEO of UniDevice AG largely unknown international B2B brokerage of since 08/2017 communications and consumer electronics. − We focus on high-priced and value-stable products such as iPhones and str
Slide 9: The UniDevice Share
THE UNIDEVICE- SHARE Shareholder Number 15,050,000 13% Class Bearer shares ISIN DE000A11QLU3 Ticker symbol UDC A total of Exchange trade Munich (m:access), Xetra, Frankfurt, Berlin 15,050,000 54% Designated mwb fairtrade Wertpapierhandelsbank AG shares Sponsor 33% Lead broker mwb fairtrade Wertpapie
Slide 10: Market Development
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 9
Slide 11: Our Market at a Glance
OUR MARKET AT A GLANCE Market share in Europe − Apple by far the leader in the high-price segment − If Apple loses importance, the other manufacturers will close the gap − Consumers are constantly making it possible for smartphone producers to offer new (and more expensive) products 33.32% 28.35% Sa
Slide 12: Sales of Mobile Phones
SALES OF MOBILE PHONES in Europe (Billion €) − The market continues to grow at a 90 84.1 86.3 78.9 80.6 81.6 high level 74.2 62.5 62.9 − CAGR between 2017 and 2020 of 60 2.3% p.a. expected 30 − Germany is the most important 2013 2014 2015 2016 2017 2018 2019 2020 market in Europe with almost 20% mar
Slide 13: Price per Device
PRICE PER DEVICE in Europe (€) − The average price per unit grows 500 460 447 420 430 sustainably 412 385 400 331 313 − Demand for high-priced devices is 300 strong in Germany 200 − Apple has cracked the barrier of 2013 2014 2015 2016 2017 2018 2019 2020 € 1,000 with the iPhone X in Germany (€) 600
Slide 14: Wearable Devices Market
WEARABLE DEVICES MARKET Worldwide sales of wearable devices (in mil. devices) 600 − Bluetooth Headsets 504.7 500 − Fitness Bracelets − Smart Watches 400 347.5 − Head-Mounted Display 310.4 300 265.9 − Sports Watches − Body Cameras 200 − Other fitness trackers 100 0 2016 2017 2018 2021 Source: Gartner
Slide 15: Finances
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 14
Slide 16: Finances at a Glance
FINANCES AT A GLANCE Mill. € 400 400 317 350 − Development dynamic and easy to plan Sales 225 development 200 150 − EBIT rises disproportional − With existing resources, a turnover of 0 € 400 million can be achieved 2016 2017 2018 2019e** 2020e** Mill. € 5 4.66 3.86 EBIT 4 development 3 1.84 2 1.13
Slide 17: Yield and Margin Development
YIELD AND MARGIN DEVELOPMENT Gross Profit/EBIT (in Mill. €) and Gross Profit Margin/EBIT-Margin (in %) Gross Profit EBIT Gross Profit Margin EBIT-Margin 8 7 6.6 6,0 6 5 4.66 4.29 3.86 4 3.15 3 2.06 1.38 1.84 2 1.5 1.6 1.64 1.13 1.35 1 0.76 1.00 1.10 0.6 0.49 0.58 0 2016 2017 2018 2019e** 2020e** **F
Slide 18: Outlook
BUSINESS MODEL MARKET DEVELOPMENT FINANCES OUTLOOK 17
Slide 19: Our Driver: Working Capital
OUR DRIVER: WORKING CAPITAL Example: what we do with … 10 Mill. € Cash Additional working capital is currently our key growth driver. Due to the fast stock turnover and the immediate 2 Mill. € 350 Mill. € payment of the customers additional capital can be (up to) (up to) invested very attractive and
Slide 20: Our Driver: Market Growth 5G
OUR DRIVER: MARKET GROWTH 5G will once again give mobile communication a boost. 5G Our professional and private life is becoming even more networked, and the smartphone is moving even more into the focus of our digital lives. 19
Slide 21: Our Driver: New Products
OUR DRIVER: NEW PRODUCTS Apple is already the largest watch With the expansion of the product range, for example manufacturer in the world. wearable devices, we can provide additional growth impulses. 20
Slide 22: Summary
SUMMARY ① Established ② Well planable UniDevice has successfully filled a niche Our business model as a broker is low risk market with little competition in a billion due to the fast stock turnover and immediate dollar market. payment. ③ Strong growth through market penetration ④ Long-term sustainab
Slide 23: Thanks for Your Interest!
THANKS FOR YOUR INTEREST! Dr. Christian Pahl UniDevice AG Mittelstraße 7 12529 Schönefeld Germany Tel: +49 (0)30 634 156 00 E-Mail: [email protected] Web: www.unidevice.de