Inactive Instrument

House of Control Group AS

Equities

HOC ME

NO0010781818

House of Control : 2022-Q2 and H1 Presentation

August 18, 2022 at 01:04 am

Interim results Q2 and H1 2022

18 August 2022

Our long-term growth journey

+35%

ARR* and Revenue last 12 months, NOKm

225

200

175

195

177

204 208

151 154

150				+35%

				ARR CAGR	125 128
125				'16-21

				94	102
100
				83
75				71
			52	58
	45	44
50

2016	2017	2018	2019	2020	2021	H1'21	H1'22
					Revenue		ARR

*ARR excluding the 'on-premises' business divested 1 March 2022

Growing revenue base, EBITDA turning positive

Q2 2022 revenue of NOK 52.9m, +30% y-o-y
Recurring revenue at 94%
Organic revenue growth +19%

Revenue last 12 months, NOKm

Continuing business			191	204
Divested business		177	14
	162	18
151	22
24
24

			174	190
		156
127	138

Turned EBITDA-positive following divestment of on-premise enterprise business in Q1
EBITDA NOK 0.5m in Q2
Adj. EBITDA NOK 1.7m, adjusting mainly for M&A-related activities

NOKm	Q4 21	Q1 22	Q2 22
EBITDA adj.	-5.0	-2.0	1.7
Cash EBITDA adj.	-15.5	-10.1	-5.2

Expecting positive EBITDA for FY 2022 and positive Cash EBITDA from mid-2023

LTM to Q2'21 LTM to Q3'21 LTM to Q4'21 LTM to Q1'22 LTM to Q2'22

Operations

01 Highlights

02 Operations

03 Financials

04 Summary and Outlook

05 Appendix

07 Agenda

08 Agenda

09 Agenda

10 Agenda

We keep CFOs in control

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Disclaimer

House of Control Group AS published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 05:03:01 UTC.

Latest news about House of Control Group AS

Visma Norge Holding AS completed the acquisition of House of Control Group AS (OB:HOC) from Viking Venture AS, Luxor Capital Group, LP, Bjørk Invest As, Akkar Invest AS, Fiwe AS, Dunvik As, Nikfan As and others.	22-11-14	CI
House of Control's Takeover Bid By Visma Receives 98% Acceptance	22-11-14	MT
House of Control's $67 Million Takeover By Visma Wins Norwegian Regulatory Nod	22-11-02	MT
House of Control Group AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-27	CI
Norway's House of Control Recommends Visma's $65 Million Takeover Offer to Shareholders	22-09-26	MT
Visma Norge Holding AS agreed to acquire House of Control Group AS (OB:HOC) from Viking Venture AS, Luxor Capital Group, LP, Bjørk Invest As, Akkar Invest AS, Fiwe AS, Dunvik As, Nikfan As and others for NOK11.2 per share.	22-09-25	CI
House of Control Group AS Provides Financial Guidance for the Full Year 2022	22-09-25	CI
House of Control Seeks M&A	22-08-18	CI
Transcript : House of Control Group AS, Q2 2022 Earnings Call, Aug 18, 2022	22-08-18
House of Control Group AS Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-17	CI
House of Control Group AS Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
Transcript : House of Control Group AS, Q1 2022 Earnings Call, Apr 28, 2022	22-04-28
House of Control Group to Seek Acquisitions	22-02-17	CI
Transcript : House of Control Group AS, Q4 2021 Earnings Call, Feb 17, 2022	22-02-17
House of Control Group AS Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-16	CI
House of Control Signs an Agreement with Cillco Technogy AS	22-01-27	CI
House of Control Group AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-04	CI
House of Control Group AS (OB:HOC) acquired Keyforce Norge AS.	21-11-02	CI
House of Control Group AS (OB:HOC) entered into an agreement to acquire Keyforce AS.	21-10-28	CI
Certain Ordinary Shares of House Of Control Group As are subject to a Lock-Up Agreement Ending on 20-OCT-2021.	21-10-19	CI
House of Control Group AS completed the acquisition of Egreement AB for SEK 43.3 million.	21-09-23	CI
House of Control Group AS agreed to acquire Egreement AB in Sweden.	21-09-13	CI
House of Control Group AS Announces Unaudited Earnings Results for the Second Quarter and First Half Year Ended June 30, 2021	21-08-19	CI
House of Control Group AS Announces Executive Appointments	21-05-05	CI
House of Control Group AS Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2021	21-04-28	CI

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Company Profile

House of Control Group AS is a Norway-based tech company that develops Software as a Service (SaaS) solutions for contract management and International Financial Reporting Standard (IFRS) 16 compliance. The Company operates as a holding Company for the House of Control Group. The Group's business is divided into three segments: Norway, Sweden and Denmark. House of Control's product portfolio includes Complete Control, a cloud based contract management software as well as IFRS 16 software solution, that assists companies in complying with IFRS 16 requirements. The Group's customers include the Brandsdal Group, the Norwegian Competition Authority, Akerbla and Municipality of Umea. The Company has several subsidiaries, such as Effectplan International AB, Business Analyze AS Keyforce AS and House of Control Midco AS.

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