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Investor Presentaiton

Introduction To TeamViewer PLATFORM Business critical connectivity platform • ~100% SaaS (software as a service) business model • ~340m annually active devices (1) • Net revenue retention rate 103% 2019 (3) GLOBAL • ~€10bn global TAM as of 2018 • Active in ~180 countries • >800 employees across 15 offices • Worldwide network with >1,000 routers across 81 locations • STRONG GROWTH Accelerating billings growth >45% YoY (2) • 24% TAM (total addressable market) growth from 2018-2023 • Expanding use cases Multiple levers for growth . ATTRACTIVE ECONOMICS No geographic, customer or vertical concentration • >430k subscriptions (2) • Scalable with gross profit margin >90% (3) and CLTV/CAC >30x (4) • . HIGHLY PROFITABLE Cash conversion >90% (5) EBITDA margin >50% (4) 1. A device which reported any activity type within 12 months 2. 9M 2019; growth YoY 3. LTM Q3 2019; gross profit margin excluding D&A and non-recurring COGS; Net revenue retention rate = 1 - net value churn (gross value churn - expansion); gross value churn as billings lost from customers that had an invoice in LTM-1 but not in LTM 4. FY 2018; CLTV, the expected customer lifetime value, defined as (annual recurring billings (ARB) per customer * gross margin) / gross value churn; CAC, the customer acquisition cost, defined as sales & marketing costs / # new customers 5. Illustrative pre-tax operating cash flow defined as cash EBITDA - capex - change in net working capital; conversion defined as illustrative pre-tax operating cash flow/cash EBITDA TeamViewer 3
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