YEARBOOK 2020
Contents
ZetaDisplay in brief | 4 |
Key financial ratios 2020 | 5 |
Highlights during the year | 6 |
Comment from the Group CEO | 8 |
Strategy and Business concept | 12 |
Software and concept development | 18 |
Sustainability Report | 23 |
Key figures and management | 30 |
Addresses | 40 |
- EUROPEAN LEADER
IN DIGITAL SIGNAGE
ZetaDisplay is driving the digital transformation in physical environments. Our concepts and our software influence people's behaviour at the decision point in retail, public spaces and in work places. Our solutions are known as Digital Signage, which we develop and offer as SaaS-solutions. ZetaDisplay is a European leader
that creates visible values for its international customer base.
2003 | + | 50 | |
50,000 | |||
FOUNDED | INSTALLATIONS | MARKETS | |
39 | 366 | 160 | |
EBITDA 2020 (MSEK) | Total Sales 2020 (MSEK) | ARR (Annual Recurring | |
Revenue) (MSEK) | |||
158 | #1 #2 | [ | ZETA |
STAFF | IN NORDICS IN EUROPE | ] | |
Sweden, Denmark, Norway, Finland, | Market share | Listed on | |
USA and the Netherlands | within Digital Signage | Nasdaq Stockholm | |
IN-DEPTH INFORMATION
Read more about our financial development and plan at ir.zetadisplay.com
ZETADISPLAY IN BRIEF
THE OFFERING
1. ZetaDisplay drives digital transformation in physical environments through digital communication solutions and services on a scalable software platform. Our solutions support increased experience and conversion rates in the retail trade, enable orientation and news dissemination in public environments and support increased loyalty and commitment in the workplace.
THE BUSINESS MODEL
2. ZetaDisplay operates a business model consisting of SaaS revenues, project revenues and consulting revenues. Customer agreements are usually long-term and ZetaDisplay delivers attractive gross margins in excess of 50%. The Group's SaaS revenues correspond to just over a third of sales and is steadily increasing.
MARKET
3. ZetaDisplay operates in a long-term growth market. Driving factors are:
• Digitisation at Point-of-Decision in the retail trade, public environments and workplaces.
• Low penetration rate in major international markets and customer segments.
• Increased maturity among customers who favour Digital Signage suppliers with international reach who can handle complex assignments.
STRATEGY
4. ZetaDisplay is the Nordic region's leading player and is the second largest in Europe. We have the financial ability to drive consolidation of the market through organic growth and through further acquisitions. The company has an integrated organisational model that enables it to seamlessly integrate new companies.
KEY FINANCIAL RATIOS |5
KEY FINANCIAL RATIOS 2020
The market effects of the pandemic affected the 2020 financial year, above all through a shift in decisions within project sales. Management acted quickly during the first quarter and launched an action programme. Investments in scalability, harmonisation and internationalisation resulted in a satisfactory annual result in a challenging market situation.
- Net sales decreased by 15.4% to MSEK 366.2 (433.0)
- SaaS revenues amounted to MSEK 155.2 (137.1)
- EBITDA amounted to MSEK 38.5 (52.2)
- Adjusted for non-recurring items, EBITDA amounted to SEK 55.0 (52.2) million
- Operating profit amounted to MSEK 3.7 (3.4)
- Earnings per share before and after dilution amounted to SEK -0.63 (0.22) and -0.63 (0.22), respectively
Net sales and EBITDA
MSEK | MSEK | |||
500 | 60 | |||
400 | 50 | |||
300 | 40 | |||
30 | ||||
200 | 20 | |||
100 | 10 | |||
0 | 0 | |||
2016* | 2017 | 2018 | 2019 | 2020 |
Hardware | SaaS revenues | EBITDA |
* Net sales distribution available from 2017 only
Net sales by segment, full year 2020
MSEK | ||||||||
140 | ||||||||
120 | 34% | |||||||
100 | 25% | 24% | 26% | |||||
80 | 54% | |||||||
60 | 47% | 57% | 34% | |||||
40 | 75% | 66% | 76% | 74% | ||||
20 | 53% | 43% | 66% | 46% | ||||
0 | ||||||||
2019 | 2020 | |||||||
SE | NO | FI | NL | SE | NO | FI | NL | |
Hardware | SaaS revenues |
SaaS revenues
MSEK | |||||||||||
45 | |||||||||||
40 | |||||||||||
35 | |||||||||||
30 | |||||||||||
25 | |||||||||||
20 | |||||||||||
15 | |||||||||||
10 | |||||||||||
5 | |||||||||||
0 | |||||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 |
2018 | 2019 | 2020 |
SaaS revenues Linear SaaS revenues
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Disclaimer
ZetaDisplay AB published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2021 09:15:02 UTC.