{ "docId": "019de515-cf98-775a-8bb8-835d33c41ebf", "docSlug": "b47e25e4472abb2d2690f0e330a23431", "documentTitle": "Orthofix | Investor Presentation Deck | 20 slides", "authorId": "orthofix", "authorName": "Orthofix", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 14, "pageCount": 20, "prevPage": 13, "nextPage": 15, "slideType": "traction", "function": "show_traction", "density": "overcrowded", "nDataPoints": 12, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-cf98-775a-8bb8-835d33c41ebf/14", "deckHref": "/decks/019de515-cf98-775a-8bb8-835d33c41ebf", "deckJsonHref": "/decks/019de515-cf98-775a-8bb8-835d33c41ebf.json", "deckAnchorHref": "/decks/019de515-cf98-775a-8bb8-835d33c41ebf#slide-14", "components": [ { "bbox": { "h": 0.03, "w": 0.12, "x": 0.715, "y": 0.935 }, "kind": "image", "text": "ORTHOFIX", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "11dedc1a-c0e7-4320-8212-a8565ea17e89", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.11, "x": 0.85, "y": 0.935 }, "kind": "image", "text": "SeaSpine", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4baa752d-ed68-4690-8ee4-ae4355620688", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.21, "x": 0.715, "y": 0.09 }, "kind": "metric", "text": "$26.0M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "21bc9a91-b860-4527-a02c-ec24473bbd51", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.15, "x": 0.589, "y": 0.39 }, "kind": "metric", "text": "$60.9M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3048d04b-1c6e-4c47-8e83-e08ff85f4aa6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.07, "x": 0.715, "y": 0.785 }, "kind": "metric", "text": "71%", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5364a556-78fa-43a3-bfc5-867bc6ced52d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.715, "y": 0.715 }, "kind": "metric", "text": "$3.2M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "68c15a2a-8087-4fe6-b117-00799e38e315", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.249, "x": 0.427, "y": 0.09 }, "kind": "metric", "text": "$175.2M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7d469e7c-5b6f-4a4e-911f-c52329705d2a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.15, "x": 0.751, "y": 0.39 }, "kind": "metric", "text": "$40.6M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "88e91961-3027-46f6-a956-913a958db5f0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.15, "x": 0.427, "y": 0.39 }, "kind": "metric", "text": "$47.7M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8ba993fc-929a-4ad6-a4ef-b3f377bda7e4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.209, "x": 0.427, "y": 0.715 }, "kind": "metric", "text": "$50.0M", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "91e91a5a-81bb-43ad-90a7-3a1b7e59aa3d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.125, "w": 0.36, "x": 0.029, "y": 0.848 }, "kind": "source-note", "text": "*Constant Currency is calculated by applying foreign currency rates applicable to the comparable, prior-year period\nto present the current period net sales at comparable rates. Constant currency can be presented for numerous\nGAAP measures, but is most commonly used by management to analyze net sales without the impact of changes in\nforeign currency rates.\n**The reasons for and nature of non-GAAP disclosures by the Company, descriptions of the adjustments used to\ncalculate those non-GAAP financial measures, and reconciliations of those non-GAAP financial measures to the most\ncomparable GAAP financial measure, are provided in the Company's press release issued and Current Report on\nForm 8-K filed on May 9, 2023.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "df3941b6-2ba4-4efb-9e30-b4466163ade4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.019, "w": 0.08, "x": 0.845, "y": 0.725 }, "kind": "subtitle", "text": "Adj. EBITDA**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "011d0b27-6c19-4c62-bf41-cbb4165d3dc3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.15, "x": 0.589, "y": 0.46 }, "kind": "subtitle", "text": "Spinal Implants &\nEnabling Technology\n13% Pro-forma Growth YoY at\nConstant Currency**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0959f7f0-e0f3-4fd6-aec9-db7dc08bc7aa", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.21, "x": 0.715, "y": 0.182 }, "kind": "subtitle", "text": "Global Orthopedics Revenue\n14% Growth YoY at Constant Currency*", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2fb91255-87dc-405b-8130-c57669b5aac0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.15, "x": 0.751, "y": 0.46 }, "kind": "subtitle", "text": "Biologics\n7% Pro-forma Growth YoY at\nConstant Currency**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "69c04c5f-8b5b-4d43-b9a4-23a6aba8b33b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.056, "w": 0.21, "x": 0.427, "y": 0.182 }, "kind": "subtitle", "text": "66% Growth YoY at Constant Currency*\n12% Pro-forma Growth YoY at Constant\nCurrency**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "856e2af7-4a14-47d1-ac22-a993d79b9f02", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.019, "w": 0.13, "x": 0.795, "y": 0.795 }, "kind": "subtitle", "text": "Adj. Gross Margin**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "89555cd0-3ca1-42f3-9f30-ab10a106f47f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.209, "x": 0.427, "y": 0.785 }, "kind": "subtitle", "text": "Cash & Cash Equivalents, 3/31/2023\n$51M of current borrowings under credit facility", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9b3efeac-1d33-4822-89d1-50aef8f58cf3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.15, "x": 0.427, "y": 0.46 }, "kind": "subtitle", "text": "BGT\n14% Growth YoY", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f72a2dc4-a83f-4054-98f5-19389d447794", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.199, "x": 0.139, "y": 0.546 }, "kind": "title", "text": "Q1 2023 Highlights", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "cfb0b073-0b25-46e4-b2fe-9552f91517c5", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [ { "to": 17, "from": 3, "name": "Why Now", "slug": "15-why-now", "bestFor": "Sales pitches, fundraising, requesting immediate budget approval", "matchId": "0cd7815a-541c-47ad-bba1-8b81a2cec819", "evidence": "The deck presents investment highlights and growth drivers", "position": 0, "objective": "Why invest in Orthofix now", "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity", "confidence": 0.7, "description": "Create temporal urgency by proving that the window of opportunity is opening or closing" }, { "to": 15, "from": 14, "name": "Quick Win Big Bet", "slug": "47-quick-win-big-bet", "bestFor": "Transformation planning, 100-day plans, resource allocation", "matchId": "b8a5780d-f02f-4b45-b152-fcfc556fb632", "evidence": "The deck presents traction and revenue buildup information", "position": 1, "objective": "Q1 2023 highlights and full-year guidance", "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap", "confidence": 0.6, "description": "Separate initiatives into immediate wins and longer-term strategic bets" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }