Sirma Group Holding JSC. Consolidated financial statements for the year ending December 31, 2016

Transcription

1 Sirma Group Holding JSC Consolidated financial statements for the year ending December 31, 216

2 Changes in share prices for the period ending Last trading price on BGN Change in share price for the period -,11 BGN Volume BGN 52W High 52W Low.85 BGN 1.25 BGN Weighted-average price Market capitalization 7 58 BGN 2

3 Shareholder s capital distribution as of BGN Shareholder s capital Shares (with nominal price BGN 1.) 777 Shareholders individual 735 corporate investors 42 Number of shares held by 11,1% corporate investors 88,99% Number of shares held by individuals 3

4 Key events during 216 Sirma ICS Launch of a new daughter company of Sirma Solutions Sirma ICS, with capital of BGN 5., subsequently increased to BGN 3., and main aim to become the leading technology partner of the insurance sector. Sirma Medical Systems Sirma Medical Systems with capital of BGN 1 and with the main goal to develop software for medical purposes and applications, which provide access to contemporary medical services Sirma Solutions "Sirma Solutions" JSC increased its capital by BGN Ontotext The Board of directors of Sirma Group Holding has taken a decision to participate in the capital increase of Ontotext with shares with par value 1 BGN and issue price 1.16 BGN Sirma Group Inc 7.16 Sirma Enterprise Systems Sirma Group Inc Sirma Group Inc. in USA with capital USD 2 million and with main goal of increasing sales of the products and services of the companies in the Group on the American and neighboring markets through the creation of a strong sales team. "Sirma ITT" JSC changed its name to "Sirma Enterprise Systems" JSC Sirma Group Inc has opened new office in New Jersey, USA 4

5 Consolidated Financial Results for the period ending BGN in thousands BGN BGN in thousands in thousands 195,31% BGN in thousands % +233% BGN in thousands Margin 31% 3.2% Margin ,8% % ,7% 5

6 Geographic Revenue Breakdown Revenue by region in thousand BGN North America Bulgaria ,21% ,53% GROWTH 59,6% ,29% GROWTH Europe Others ,64% % GROWTH 1,55% ,77% GROWTH : BGN 216: BGN SALES in thousands 195,31% GROWTH 6

7 Revenue Breakdown by Companies BGN 7,81% BGN 6,26% BGN 4,42% BGN 8,18% USA BGN 44,22% 3 55 BGN 6,96% 2 85 BGN 5,58% 722 BGN 1,41% * BGN % vs 215 unconsolidated revenue BGN 12,7% BG 7

8 Re-classification of the strategic segments Old Segment New Segment CAD/CAM Manufacturing & Utility Data Center Cross Industry Healthcare Life Sciences Corporate Software Ontology & Semantics Products System Integration Software Services & Consulting Fintech Cross Industry Finance Manufacturing & Utility Life Sciences Publishing & Media Cross Industry Manufacturing & Utility Publishing & Media Life Sciences Cross Industry Public Sector Public Sector Cultural Heritage Cross Industry Publishing & Media Life Sciences Manufacturing & Utility Public Sector Finance 8

9 Key Financial Data BGN Приходи Нетна печалба Ръест на приодите, % Net profit 9

10 The Companies from the Group During the period ending December 31, 216

11 Key Financial (Individual) Data 216 vs BGN % 21: 1 76 BGN BGN % 21: 133 BGN 382 BGN + 267% 21: 14 BGN * Key Highlights Margin Margin BGN % 21: 94 BGN 51,9% + 32% 21: 12.4% 39,4% + 351% 21: 8.7% Sirma Group Inc was established in the USA, with a focus on the distribution of the products and services of the holding s companies. The Sirma Medical Company was established, specializing in software for the monitoring of chronic diseases. BGN raised from the IPO were invested as it follows: investment of 387 thousand BGN in start-ups; investment of 6336 thousand BGN in intangible assets; 1,1 thousand BGN - Investments in increasing the capital of subsidiary companies with aim to boost capacity 11

12 Key Financial Data 216 vs 21 Margin Margin BGN + 174% 21: BGN 7 33 BGN + 419% 21: 1 46 BGN BGN + 3% 21: 1 21 BGN BGN % 21: 19 BGN 32.4% + 89% 21: 17.1 % 1.7% + 77% 21: 1.3 % Key Highlights 216 Launch of a new company Sirma ICS with current capital of BGN 3.. Sales of hardware, licenses and system integration services reach BGN 15 million in 216. The LOYAX R&D unit is fully set up for a spin-off into a separate company. The company is continuing its R&D into the computer vision and AI sphere. Finalization of the Alpha version of a product targeting the North American market with release due in

13 Key Financial (consolidated) Data 216 vs BGN + 122,52% 21: 3 46 BGN Margin BGN + 181,66% 21: 758 BGN BGN % Net Profit Key Highlights : 643 BGN 479 BGN + 393,81% 21: 97 BGN 31,5% + 26,58% 21: 24.9% Margin The British Institute of Engineering and Technology, Springer-Neptune, and Elsevier became clients, thus 5 out of the 1 leading publishing houses for scientific literature the world over use GraphDB. Together with ImpelSys was started a project on the development of integrated technological solutions to contents publishing. Preparation of applications for the financial and pharmaceutical industries for sale in the USA. 7,1% + 121,92% 21: 3.2% 13

14 Key Financial Data 216 vs BGN % 21: BGN 528 BGN % 21: 12 BGN BGN % 21: 377 BGN Key Highlights 216 Margin Margin 112 BGN 21: BGN 14.2% % 21:.5% 3.% 21: % Three successful projects for the implementation of the SCARDS product Developing a product for IRFS9 and new accounts for the ECB. Implementation of Omni Channel Trinidad and Tobago. Successful migration of Flex Cube to Albania. Successful licensing of 8 employees for FC

15 Key Financial Data 216 vs 214 The company started its economic activity in 214 Енг Вю Системс 3 55 BGN % 214: BGN 914 BGN % 214: 15 BGN NA Key Highlights 216 Margin Margin 91 BGN % 214: 9 BGN 25.7% % 214:.6% 25.6% % 214:.4% A new project for the development of an end-user-oriented product in the field of "cyber security". The product is intended for handling major challenges related to the protection of home networks and sensitive data. A new project for the establishment of Call Center Solutions together with a medium-size American company Enlargement of the teams working for the Vatillum and Elevada clients. A new project with a company dealing with radio frequency measurements in the field of the mobile industry. The objective of the project is to unite the instruments the company affords to its clients into one combined "cloud" platform. A new project with a company which is a leading provider of cloud-based wire and wireless WAN network solutions for "Distributed and Mobile Enterprises 15

16 Key Financial Data 216 vs 21 Margin Margin BGN % 21: BGN 582 BGN % 21: 221 BGN 13 BGN % 21: 12 BGN 432 BGN % 21: 23 BGN 18.2% % 21: 15.1% 13.5% % 21: 13.9% Key Highlights 216 Preparation of an EngView product portfolio for the American market. Launch of the Мас version of EngView Package & Display Designer Suite. Participation in the Drupa Exhibition in Dusseldorf, which led to a lot of new contacts and partnerships. Signing of contracts for distribution in Hungary and Malasia. A signed ОЕМ contract with the German producer of plotters, Aristo. Through its distributor in Japan, EngView implemented its software for packaging and displays, as well as for the needs of the biggest Japanese producer of cutting plotters, ACS. A strong interest on the part of the USA in another product of EngView Systems ScanFit, which was displayed at the specialized exhibitions in Chicago and Boston Q4 216 Q3 216 Q2 216 Q1 216 Q4 215 Q3 215 Q2 215 Q Приходи Нетна печалба

17 Key Financial Data 216 vs BGN + 2% 21: 95 BGN 96 BGN % 21: 347 BGN BGN % 21: 325 BGN Key Highlights 216 Margin Margin 474 BGN % 21: 23 BGN 31.79% % 21: 36.5% 16.63% % 21: 2.4% Launch of Flash Storage service the only one in Bulgaria which allows the speed of 1М IOPS to our clients on the cloud platform. Launch of the new Disaster Recovery as a Service. Together with a partner, a launch of an innovative service for the Bulgarian market Microsoft Navision ERP as a Service. Increase of the company personnel by 2%. Opening of a second office 4 km away from Sofia, with a view to affording geographically reserved services. Datacum joins CISPE's Code of Conduct along with other leading cloud service providers. 17

18 Key Financial Data 216 vs BGN + 39% 21: BGN 1 43 BGN NA 21: BGN 687 BGN % 21: 43 BGN Key Highlights Margin Margin 21 BGN NA 21: - 41 BGN 46.19% NA 21: % 9.31% NA 21: % Change of the Sirma ITT name and rebranding. Launching of version 2 of Sirma Enterprise Platform. Developing a new application for management of documents intended for SME in the USA based on the Sirma Enterprise Platform Go Digital. Developing a new system for electronic services based on Sirma Enterprise Platform. 18

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