Breukelen, the Netherlands – March 2, 2022 at 8 AM CET – TIE Kinetix, a leader in 100% supply chain digitalization, is hosting its first Capital Markets Day today.
The digital event will take place today from 14:00 to 16:00 CET. Senior management will present the company strategy and both short-term and mid-term outlook. The following highlights will be presented:
TIE Kinetix is 100% focused on growing its SaaS business. Under this strategy:
- Investments / expenses are made in 2022 to accelerate growth in 2023 and beyond
- The number of employees is increasing and new marketing initiatives are launched
- 2022 will be a transformative year and management expects to quickly return to positive net result in 2023
Outlook mid-term 2025
As from 2023 TIE Kinetix plans for accelerated SaaS growth with the following outlook:
- Projected subscription-based SaaS revenue CAGR increasing to +20%
- Projected EBITDA margin increasing up to 20%
- Bolt on acquisitions to further add to the projected organic growth
To underscore management’s confidence in the strategic direction, management proposes a dividend policy aimed at a stable to growing dividend payout:
- Expected payout ratio of 40%, increasing to 50% of net profit
- 2022 Interim dividend of € 0.50 per share proposed, to be distributed from the reserves
- Election for shareholders between either cash or stock dividend
The event is open to all interested parties after a brief registration. The webcast can be accessed through the address below. Attendees are invited to register in advance and receive a calendar invite through: Join our Capital Markets Day
Cautionary statement regarding forward-looking information
This document may contain expectations about the financial state of affairs and results of the activities of TIE Kinetix as well as certain related plans and objectives, and may be expressed in a variety of ways, such as ‘expects’, ‘projects’, ‘anticipates’, ‘intends’ or similar words. TIE Kinetix has based these forward-looking statements on its current expectations and projections about future events. Such expectations for the future are naturally associated with risks and uncertainties because they relate to future events, and as such depend on certain circumstances that may not arise in future. Various factors may cause real results and developments to deviate considerably from explicitly or implicitly made statements about future expectations. Such factors may for instance be changes in expenditure by companies in important markets, in statutory changes and changes in financial markets, in the salary levels of employees, in future borrowing costs, in future take-overs or divestitures and the pace of technological developments. TIE Kinetix therefore cannot guarantee that the expectations will be realized. TIE Kinetix also refuses to accept any obligation to update statements made in this document.
About TIE Kinetix
At TIE Kinetix, we help companies of all sizes achieve their digitalization goals. From 1% to 100% or anywhere in between, our cloud-native FLOW Partner Automation platform is designed to completely eliminate paper from the supply chain, enabling our customers to focus on three corporate initiatives that drive true organizational change: business process efficiency, compliance, and corporate social responsibility (CSR).
We believe that digitalization (not digitization) is the future. We believe in conscious development, and we believe in moving ourselves and our customers forward. More than 2,500 companies have chosen TIE Kinetix to support their EDI, e-invoicing, and general digitalization projects, and we proudly facilitate the exchange of over 1 billion documents through FLOW each year—the equivalent of 100,000 trees saved.
Founded in 1987, TIE Kinetix is a public company (Euronext: TIE) with offices in the Netherlands (HQ), France, Germany, Australia, and the United States. For more information, visit www.TIEKinetix.com, and follow us on LinkedIn, Twitter, Facebook, Xing, and YouTube.
For more information please contact:
TIE Kinetix N.V.
Michiel Wolfswinkel, CFO
De Corridor 5d
3621 ZA Breukelen