My top position (25% of my portfolio) VusionGroup (SES ImagoTag): The Life of the Retail Party!
Forget disco balls and dance floors, the hottest party in retail is happening right on the shelves! And Vusion Group is the DJ, the bartender, and the bouncer all rolled into one
They're the masters of the Electronic Shelf Label (ESL) and digital solutions, bringing the party to physical stores worldwide. Think of them as the ultimate wingman for retailers trying to navigate the wild world of modern shopping. 🕺💃
The Retail Scene: It's a Jungle Out There!
The retail jungle is getting wilder than ever, with e-commerce swinging from the vines and consumers changing their stripes faster than a chameleon on a rainbow. Physical stores are feeling the heat, and they need more than just a new coat of paint to survive. They need to evolve, adapt, and throw a party that customers can't resist! That's where SES-imagotag comes in, armed with digital solutions that are hotter than a habanero. 🔥
SES-imagotag's Party Tricks:
Electronic Shelf Labels (ESL): These aren't your grandma's price tags! SES-imagotag's ESLs are like mini-billboards on the shelves, flashing prices, deals, and product info faster than you can say "impulse buy." They're the life of the party, keeping customers engaged and entertained. 🤪
VUSION Retail IOT Cloud Platform: This is the brain of the operation, the control center where the magic happens. It's like the ultimate party planner, coordinating everything from pricing updates to inventory management. Think of it as the invisible hand that keeps the party flowing smoothly. 🧠
Value-Added Solutions (VAS): These are the party favors that keep customers coming back for more.
Captana: This is like the party photographer, capturing real-time snapshots of the shelves to make sure everything's in its place and no product is feeling left out. 📸
Engage: This is the hype man, creating exciting in-store marketing campaigns that get customers pumped up and ready to spend. Think flashing lights, catchy tunes, and irresistible offers. 🎤
VUSION OS: This is the tech support crew, making sure all the digital gadgets are working smoothly and no one's stuck with a dead battery. 🤓
Financial Highlights: Show Me the Money!
SES-imagotag isn't just about throwing a good party; they're also raking in the dough! 🤑
Revenue: Over €600 million in 2022, more than 1B in 2024 and they're projected to grow faster than a beanstalk, with a 30% CAGR through 2027. Ka-ching! 💰
EBITDA: They're not just making money; they're keeping more of it! Their EBITDA margin has gone from a measly 4% in 2017 to a respectable 10% in 2022, and they're aiming for a whopping 22% by 2027. Talk about a profit party! 🎉
VAS Revenue: Those party favors are a hit! VAS revenue has doubled as a percentage of total revenue since 2017, and they're aiming to triple it by 2027. Who doesn't love a good party favor?🎁
Global Expansion: They're taking the party global, with a focus on conquering North America. By 2027, they expect 40% of their revenue to come from across the pond. Let's hear it for international party animals! 🌎
Installed Base: They've already installed over 350 million ESLs, and they're aiming for over a billion by 2027. That's enough to throw a party on every shelf in the world! 🤯
Cloud ESLs: They're taking the party to the cloud! With 50 million cloud ESLs in 2022 and a target of 1 billion by 2027, they're making sure the party never stops, even when the lights go out. ☁️
R&D Investment: They're not just resting on their laurels; they're investing heavily in R&D (€30 million in 2022!) to keep the innovation flowing and the party fresh. 🧪
Employee Growth: They're building a party crew! With over 630 employees and counting, they're making sure there's always someone to keep the good times rolling. 🥳