INVESTOR
PRESENTATION
INTERNATIONAL GROUP ACTIVE IN TREASURY & BANKING SOFTWARE MARKET
H1 2020 RESULTS PRESENTATION
Index
Section 1 | Executive Summary | 3 | |||||
Section 2 | Group Presentation | 5 | |||||
Section 3 | PITECO | 19 | |||||
3.1 | Software and clients | ||||||
3.2 | Market info | ||||||
Section 4 | JUNIPER | 34 |
- Software and clients
- Market info
Section 5 MYRIOS | 45 |
5.1 Software and clients
Section 6 | Listing on the Stock Exchange | 51 | ||
Section 7 | Financial Results | 53 | ||
Key contacts | 60 |
2
Executive Summary
Executive Summary
PITECO GROUP is an important player active in the Financial Software market, offering Risk, Treasury & Banking software solutions.
The GROUP is listed on the MTA managed by Borsa Italiana.
It is developing a challenging internationalization and diversification process, driven by 3 business lines:
- PITECO Spa,the leading Italian Software House for Corporate Cash Management and Financial Planning serving more than 650 large industrial groups active in a highly diversified number of business sectors.
- JUNIPER PAYMENTS LLC, Software House leader in the USA with proprietary solutions for digital payments and clearing house services to approximately 3.300 American Banks, managing the settlement of Interbank financial flows (bank transfers and checks collection) for over 3 billion USD per day. It can be considered one of the largest US interbank networks.
- MYRIOS S.r.l., an Italian Software House offering Risk Management, Capital Markets and Compliance software dedicated to Banks (60% of revenues) as well as to the manufacturing and service industries (40%).
PITECO GROUP FINANCIAL STATEMENTS H1 2020:
- Revenues: € 12.0 million, +8% (H1 2019: € 11.1 million)
- EBITDA: € 4.8 million, +12% (H1 2019: € 4.3 million); EBITDA margin: 41%
- Pre-taxProfit: € 2.8 million, +23% (H1 2019: € 2.3 million)
- Net Profit: € 2.3 million, +13% (H1 2019: € 2.0 million)
- Operating cash flow: € 7.2 million (65% Net Revenues; 149% Ebitda)
- Net Financial Position: € 11.5 million (FY2019: € 14.6 million)
- Net Financial Position including Put option: € 24.4 million (FY2019: €
27.5 million)
SIGNIFICANT EVENTS SUBSEQUENT H1 2020
On 31st July 2020, the "Piteco Convertibile 4.50% 2015-2020" Convertible Bond, ISIN code IT0005119083, with a nominal value of 5 million Euro issued during the IPO in July 2015, was extinguished. At present day there are no longer any Convertible Bonds outstanding.
4
Questo è un estratto del contenuto originale. Per continuare a leggere, accedi al documento originale.
Attachments
- Original document
- Permalink
Disclaimer
Piteco S.p.A. published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 07:04:00 UTC