Cyviz : Q4 2022 Presentation

Cyviz

10 February 2022

Fourth Quarter Results 2022

Today's agenda and presenters

Fourth-quarter in brief

Performance 2020-2022

Business highlights

Q4 financials

Outlook

Q&A

Espen Gylvik

CEO

Marius Skagen

CFO

Agenda	2

Cyviz is next level collaboration. We bring communication, control

and interaction together, powered by advanced technology but driven by one important thing: people. Cyviz makes life better by making the complex simple, ensuring work is more immersive, productive and ultimately more enjoyable.

This is Cyviz. The future at work, right here, right now.

Value proposition

EBITDA of NOK 19.6m with operating cash flow of NOK 57m

Fourth-quarter in brief

EBITDA of NOK 19.6m

driven by record-high revenues of NOK 180.4m.

Full-year EBITDA of NOK 11.1m, up NOK 25.9m from 2021

Gross profit increased 77% compared to Q4 2021

ending at NOK 81.5m for the quarter

Order intake of NOK 143m, with a backlog of

NOK 273m entering 2023

Operating cash flow of NOK 57m for the quarter with a

full-year improvement of NOK 79m compared to 2021

Fourth-quarter in brief	4

ROLLING 12-MONTHS TREND 2020-2022

Cyviz Group

ORDER INTAKE (MNOK)

				+228%
							561	589
					435	445
				402
			342
		307
	238
179
Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
-20	-21	-21	-21	-21	-22	-22	-22	-22

GROSS PROFIT (MNOK)

				+117%
								220
							185
					147	156
				142
		122	122
102	100
Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
-20	-21	-21	-21	-21	-22	-22	-22	-22

EBITDA (MNOK)

+14M

11

		-2
	-3
		-6
			-11
		-16	-15

					-25	-28
Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
-20	-21	-21	-21	-21	-22	-22	-22	-22

Trend from 2020-2022	5