Gft Technologies Se · XETR:GFT

Gft Technologies — Investor Presentation (March 2023)

34 slides from Gft Technologies's investor presentation, March 2023

Slide 2: Our vision
Shaping the Our vision future of digital business We believe in a digital world in which the intelligent use of IT is a key success factor. Our vision is to simplify this world for our clients. We work side by side with our clients on digital transformation, enabling them to stay ahead of the compet
Slide 3: Agenda
Shaping the future of digital business Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results FY/2022 4. Outlook gft.com March 2023 3
Slide 4: GFT at a glance FY 2022
Shaping the GFT at a glance future of digital business GFT at a glance FY 2022 GLOBAL WORKFORCE FY 2022 REVENUE FY 2022 Adj. EBITDA FY 2022 8,842 FTE plus 1,275 contractors € 730 million € 86 million REVENUE BY MARKET FY 2022 REVENUE BY SECTOR FY 2022 REVENUE BY SERVICE FY 2022 72% BANKING 18% INSUR
Slide 5: Proven onshore-/nearshore delivery model with 10,000+ talents
Shaping the GFT at a glance future of digital business Proven onshore-/nearshore delivery model with 10,000+ talents Over 40% of revenues generated nearshore | Headcount 8,842 and 1,275 contractors UK (340) Germany (390) London Böblingen Manchester Bonn Constance Eschborn/Frankfurt Karlsruhe St. Geo
Slide 6: Strong partnerships with global leading cloud service providers
Shaping the GFT at a glance future of digital business Strong partnerships with global leading cloud service providers Delivering innovative products to solve complex problems  2,100+ experienced engineers  1200+ certifications  300+ active engagements ENABLE MIGRATE EVOLVE EMBRACE Cloud Services
Slide 7: Leading from the front
Shaping the GFT at a glance future of digital business Leading from the front Next generation banking with Thought Machine & GFT  No 1 point of contact worldwide for next generation banking  Most certified experts worldwide  4 centres of excellence globally  Experience in Asia, transferred to Eu
Slide 8: Our understanding of sustainability
Shaping the GFT at a glance future of digital business Our understanding of sustainability ENVIRONMENT SOCIAL GOVERNANCE Sustainability by Grow tech talent Resilient management design worldwide systems 1000+ GreenCoding certificates 34 training hours per employee €0.00 legal costs for anticompetitiv
Slide 9: GFT share and shareholder structure
Shaping the GFT at a glance future of digital business GFT share and shareholder structure GFT share indexed Shareholder structure 30 Dec 2021 27 Feb 2023 €46.15 €40.10 Dividend per share in Cent (for FY) *Dividend proposal gft.com March 2023 Minor variations due to rounding possible 9
Slide 10: Agenda
Shaping the future of digital business Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results FY/2022 4. Outlook gft.com March 2023 10
Slide 11: Cloud business drives digital transformation revenues
Shaping the Growth path future of digital business Cloud business drives digital transformation revenues SMART TECHNOLOGIES Enabling and boosting transformation 9%  Highly innovative solutions with smaller project sizes 14% SMART TECHNOLOGIES  Includes: AI, DLT/Blockchain, AR/VR, Robotic Process P
Slide 12: Growth momentum in every vertical
Shaping the Growth path future of digital business Growth momentum in every vertical Banking – momentum in cloud and platforms Banking growth  Strategic investments in cloud partnerships paying off  Post pandemic digitising trend ongoing GFT: +27% Market: ~ +6%  New core banking platforms (smart
Slide 13: Investment case in detail
Shaping the Growth path future of digital business Investment case in detail Unique technology and sector expertise Highly attractive sales and earnings  Longstanding expertise in digital transformation potential for financial institutions  Accelerated growth due to high structural  Strong focus
Slide 14: Agenda
Shaping the future of digital business Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results FY/2022 4. Outlook gft.com March 2023 14
Slide 15: Digitalisation megatrend drives revenue and earnings
Shaping the FY 2022 results future of digital business Digitalisation megatrend drives revenue and earnings Margins significantly improved Strong demand for digital transformation remains unchanged Results FY 2022  Diversification across sectors and customers successfully +29% revenue continued +65
Slide 16: Key figures – strong growth in revenue and earnings
Shaping the FY 2022 results future of digital business Key figures – strong growth in revenue and earnings in €m 2022 2021 ∆%  Revenue growth of 29% (thereof 7% related to FX effects) Revenue 730.14 566.19 29%  Order backlog again significantly above Order backlog 361.45 305.36 18% prior-year figu
Slide 17: Diversification among clients and sectors further improved
Shaping the FY 2022 results future of digital business Diversification among clients and sectors further improved Well-balanced client portfolio All sectors with strong growth Largest client with approx. 14% of total revenue Insurance grows by more than 44% 730.14 45% 10% 566.19 18% 37% 11% 16% 27%
Slide 18: Revenue by segment
Shaping the FY 2022 results future of digital business Revenue by segment in in€m €m Revenue Revenue Growth rates Growth rates 2022 2021 Organic M&A FX Total 2020 2019 Organic M&A FX Total Americas, UK & APAC 459.52 318.09 32% 0% 12% 44% Americas, UK & APAC 216.49 198.99 17% 0% -8% 9% Continental Eu
Slide 19: Earnings by segment
Shaping the FY 2022 results future of digital business Earnings by segment in €m EBITDA adjusted* EBITDA EBT 2022 2021 ∆% 2022 2021 ∆% 2022 2021 ∆% Americas, UK & APAC 52.87 35.96 47% 52.87 32.07 65% 44.64 23.91 87% Continental Europe 37.05 35.94 3% 37.05 35.79 4% 26.54 24.57 8% Others -3.88 -7.11 4
Slide 20: Revenue by markets
Shaping the FY 2022 results future of digital business Revenue by markets Brazil takes the lead – Seven individual markets with growth of >30% 2022 ∆% 137.78 Brazil 69% 116.17 UK 12% 2% 1% 2% 2% 85.09 Spain 2% 2% 3% 76.55 Italy 4% 19% 3% 68.85 USA 60% 67.59 Canada 47% 9% 63.78 Germany 14% 16% 9% 20.
Slide 21: Income statement – record revenue and earnings
Shaping the FY 2022 results future of digital business Income statement – record revenue and earnings in €m 2022 2021 ∆%  Profitable revenue growth due to sustained Revenue 730.14 566.19 29% demand for long-term and complex digitalisation solutions Other operating income 16.34 12.06 36%  Increase
Slide 22: Cash flow analysis (€m) – increased net cash
Shaping the FY 2022 results future of digital business Cash flow analysis (€m) – increased net cash  Financing structure very solid and 31/12/2021 2022 31/12/2022 significantly improved. Unused credit Net cash Financing Cash Cash flow Cash flow Cash flow FX effects Cash Financing Net cash facilitie
Slide 23: Balance sheet (€m) – improved equity ratio
Shaping the FY 2022 results future of digital business Balance sheet (€m) – improved equity ratio  Balance sheet total rose by 10%  Equity currency-adjusted up by mainly due to increased receivables €39.55m; net income of from contracts with clients and cash 497.77 497.77 €46.25m and actuarial gai
Slide 24: Team expansion to more than 10,000 experts
Shaping the FY 2022 results future of digital business Team expansion to more than 10,000 experts Employees (FTE) Utilisation Attrition 8,766 8,842 8,451 8,120 90% 90% 91% 20% 90% 90% 19% 19% 7,718 18% 16% Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22  Mo
Slide 25: Agenda
Shaping the future of digital business Agenda 1. GFT at a glance 2. GFT growth path 3. Financial results FY/2022 4. Outlook gft.com March 2023 25
Slide 26: Continued solid growth in 2023
Shaping the March 2023 Outlook future of digital FY 2023 business Continued solid growth in 2023 Growth remains our mission  Cloud technologies with biggest growth; AI, DLT/Blockchain rising  Clients' requests for digital transformation is increasing  GFT anticipates growth in every sector Resili
Slide 27: Outlook FY 2023 – Continued growth in revenue and earnings
Shaping the Outlook future of digital FY 2023 business Outlook FY 2023 – Continued growth in revenue and earnings Revenue +16% EBIT adjusted* +19% EBT +9% in €m in €m in €m CAGR 18.6% CAGR 27.8% CAGR 39.5% 850 730 80 72 67 66 566 445 54 429 40 30 24 19 14 2019 2020 2021 2022 2023e 2019 2020 2021 202
Slide 28: Strategic acquisition – targens: Consulting and Compliance
Shaping the Outlook future of digital FY 2023 business Strategic acquisition – targens: Consulting and Compliance Strategic benefits B2B software provider and IT consultancy  Business & Technology Consulting  Software Solutions  Doubling our market share in German financial  Digital Innovation i
Slide 29: Backup
Shaping the future of digital business Backup gft.com March 2023 29
Slide 30: 10-year development
Shaping the Backup future of digital business 10-year development REVENUE – 10y CAGR: +19,7% EBITDA adjusted – 10y CAGR: +25.3% 730 86 566 65 423 429 445 419 413 374 47 48 45 43 37 279 35 33 174 121 18 9 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2012 2013 2014 2015 2016 2017 2018 2019 2
Slide 31: Consolidated income statement
Shaping the Backup future of digital business Consolidated income statement in € 2022 2021 ∆% Revenue 730,135,860.22 566,193,853.26 29% Other operating income 16,343,726.48 12,057,729.06 36% Cost of purchased services 105,082,742.59 82,709,825.41 27% Personnel expenses 478,966,235.22 380,390,036.54
Slide 32: Consolidated balance sheet
Shaping the Backup future of digital business Consolidated balance sheet Assets Equity and liabilities in € 31/12/2022 31/12/2021 ∆% in € 31/12/2022 31/12/2021 ∆% Non-current assets Shareholders’ equity Goodwill 123,968,225.19 124,422,830.73 0% Share capital 26,325,946.00 26,325,946.00 0% Other inta
Slide 33: Revenue and EBITDA adjusted by quarter
Shaping the Backup future of digital business Revenue and EBITDA adjusted by quarter Revenue EBITDA adjusted* 123,92 13,58 in €m 188.23 in €m 13,13 11,71 183.90 184.66 12,84 173.35 12,28 2,38 160.80 117,81 11,16 10,78 3,21 3,40 10,39 23.84 143.81 2,92 22.82 137.66 2,56 20.86 123.92 113,03 112,48 3,6
Slide 34: Shaping the future of digital business
Shaping the future of digital business GFT Technologies SE GFT Technologies SE GFT Technologies SE Marika Lulay Dr Jochen Ruetz Andreas Herzog CEO CFO Head of Investor Relations Schelmenwasenstr. 34 Schelmenwasenstr. 34 Schelmenwasenstr. 34 70567 Stuttgart 70567 Stuttgart 70567 Stuttgart T +49 711 6

GFT Technologies — Investor Presentation (March 2023) on 6ix

Gft Technologies — Investor Presentation (March 2023)

Slide 1: Investor presentation

Slide 2: Our vision

Slide 3: Agenda

Slide 4: GFT at a glance FY 2022

Slide 5: Proven onshore-/nearshore delivery model with 10,000+ talents

Slide 6: Strong partnerships with global leading cloud service providers

Slide 7: Leading from the front

Slide 8: Our understanding of sustainability

Slide 9: GFT share and shareholder structure

Slide 10: Agenda

Slide 11: Cloud business drives digital transformation revenues

Slide 12: Growth momentum in every vertical

Slide 13: Investment case in detail

Slide 14: Agenda

Slide 15: Digitalisation megatrend drives revenue and earnings

Slide 16: Key figures – strong growth in revenue and earnings

Slide 17: Diversification among clients and sectors further improved

Slide 18: Revenue by segment

Slide 19: Earnings by segment

Slide 20: Revenue by markets

Slide 21: Income statement – record revenue and earnings

Slide 22: Cash flow analysis (€m) – increased net cash

Slide 23: Balance sheet (€m) – improved equity ratio

Slide 24: Team expansion to more than 10,000 experts

Slide 25: Agenda

Slide 26: Continued solid growth in 2023

Slide 27: Outlook FY 2023 – Continued growth in revenue and earnings

Slide 28: Strategic acquisition – targens: Consulting and Compliance

Slide 29: Backup

Slide 30: 10-year development

Slide 31: Consolidated income statement

Slide 32: Consolidated balance sheet

Slide 33: Revenue and EBITDA adjusted by quarter

Slide 34: Shaping the future of digital business