LCHTF - Text S.A. (LCHTF) Q4 2023 Earnings Call Transcript
2024-04-09 05:24:08 ET
Text S.A. (LCHTF)
Q4 2023 Earnings Conference Call
April 3, 2024, 09:00 AM ET
Company Participants
Lucja Kaseja - IR
Marcin Droba - IR
Conference Call Participants
Presentation
Lucja Kaseja
Good afternoon, everyone. Welcome to Text Group Webinar Concerning KPIs for the Fourth Quarter of the Financial Year, that is the period of January to March 2024. I'm Lucja Kaseja, Manager of Investor Relations at Text. And here with me is also Marcin Droba, the Head of IR at Text. And today, it will be our pleasure, firstly mine and later on also of Marcin to discuss the recent KPIs.
So, let's start. The vision and mission for Text, remains the same as it's been for a year now, so, Text Intelligence for better customer service. But we're also happy to share with you that next Thursday, it will be 10 years of Text, previously LiveChat as a publicly listed company. And we are very grateful to those investors who have been with us for the last 10 years because we have some investors like that.
And we will take a very short moment to actually summarize those 10 years because we are quite proud of what we've managed to do as a listed company. So, we started in 2014 when there was the IPO of the company with 7,600 clients of then just LiveChat product. Now 10 years later, we have almost six times more customers, so actually almost 43,000 of subscriptions for paid products, LiveChat, ChatBot, HelpDesk and KnowledgeBase. Our annual recurring revenues at the time were $6.2 million which is less than we actually have MRR now. And in those 10 years, we managed to increase those by more than 12 times.
I think we were also very good at growing our earnings per share, because CAGR of EPS was 37.5% over that period. And we also were very consistent in paying dividends, which actually outgrew the IPO price. We did not raise the capital at the time of the IPO, but the IPO share price at the time of the offering was PLN18.60 and the dividends that we have paid out were over PLN25. So the dividend per share was actually covered well and the initial share price.
Once again, thank you to those investors who have been with us for those years. And that was the past. I think we will now discuss the present. And hopefully, in the discussions after the presentation, we will be also able to discuss the future of the company.
Marcin Droba
Just let me say that I was there at the debut, I remember today. So, of course, on a personal level, it's also a very important anniversary for me. Because I remember today, it was at the Warsaw Stock Exchange at the event of the debut. So happy to be there and happy to be here now.
Lucja Kaseja
And as always, we start with a very brief discussion of who we are? So, we are a global SaaS, Software as a Service business. We sell the products in form of subscriptions with our main markets being United States. We have very unique customer acquisition model. And we still have the co-founders present at the company level. And we also are a dividend-paying company with, as I already mentioned, a very good track record of those.
I won't go into the products in specific. Because hopefully, more or less, all of you know, LiveChat, ChatBot, HelpDesk and KnowledgeBase, but I will be happy to discuss the KPIs for Q4 of our financial year. ...
Text S.A. (LCHTF) Q4 2023 Earnings Call Transcript