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Diebold Nixdorf, Inc (DBD) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021

SEC Filings

DBD Annual Reports

Diebold Nixdorf, Inc

CIK: 28823 Ticker: DBD

Exhibit 99.1
dnlogo04.jpg
Press Release
Media contact:Investor contact:
Mike Jacobsen, APRChristine Marchuska, CAIA
+1 330 490 3796+1 607 206 9212
michael.jacobsen@dieboldnixdorf.comchristine.marchuska@dieboldnixdorf.com
FOR IMMEDIATE RELEASE:
Feb. 10, 2022

Diebold Nixdorf Reports 2021 Fourth Quarter and Full-Year Financial Results
Please visit http://www.dieboldnixdorf.com/earnings for a comprehensive shareholder letter and additional content

HUDSON, Ohio - Diebold Nixdorf (NYSE:DBD) today reported its 2021 fourth quarter and full-year financial results.

Key Financial Highlights
Exceeded high end of our outlook range for free cash flow with $101M amid the continued challenging macro environment; generated net cash from operations of $123M
Ended 2021 with strong Retail segment revenue, up 14% on a GAAP full-year basis and up 10% on a constant currency basis, outpacing the market in self-checkout (SCO) products, particularly in Europe
Backlog remained robust, ending the year up approximately 11% over 2020, providing a strong foundation for upcoming periods

Business Highlights
Banking
Experienced strong growth in Americas Banking in 2021, which saw year-over-year order entry growth of more than 15% compared with 2020
Expanded our relationship with a top-five U.S.-based financial institution to deploy DN Series™ cash recyclers, providing an opportunity to grow the relationship with the bank to meet the evolving needs of their consumers
Reached a milestone in 2021 with approximately 150,000 self-service devices now connected to our DN AllConnect Data EngineSM, which leverages real-time Internet of Things connections from our deployed units representing ~122% growth over 2020
Retail
Continued to drive strong demand for our SCO products, outpacing the market in growth of SCO devices and benefiting from a strong attachment rate for these systems
Deepened our relationship with a major U.K.-based retailer, continuing their checkout transformation by securing a ~$9M contract for more than 2,000 additional SCOs with a five-year maintenance contract
Expanded our relationship with a U.S.-based chain of specialty discount stores with a ~$2.5M contract for our systems and services across 180 locations
Growth initiatives
Secured a ~$6M managed services contract renewal with a German financial institution, Degussa Bank, including additional new services and a term extension of three years across 60 branches and over 80 self-service locations
Went live with one of Austria’s leading furniture retailers with a five-year contract for our cloud-enabled Vynamic™-as-a-Service concept, including our Vynamic Engage Advanced Promotions package
Made significant strides with Diebold Nixdorf’s service capabilities to electric vehicle (EV) charging station manufacturers and providers, and announced a notable win in January 2022 with Compleo, one of the leading full-service providers of charging technology in Europe

Jeff Rutherford, Diebold Nixdorf executive vice president and chief financial officer, said: "In the fourth quarter, our operations and supply chain teams performed exceptionally well against a challenging, but slowly improving, supply chain and logistics environment. We delivered on customer commitments and continued to advance our core objectives. Our performance in 2021 shows that we are an agile company focused on sound execution, well-positioned to capitalize on the strong demand for our solutions as the market and consumers become increasingly more focused on self-service automation.

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The following information was filed by Diebold Nixdorf, Inc (DBD) on Thursday, February 10, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Diebold Nixdorf, Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information Document
Consolidated Balance Sheets
Consolidated Balance Sheets (Parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (Loss)
Consolidated Statements Of Comprehensive Income (Loss) (Parentheticals)
Consolidated Statements Of Equity
Consolidated Statements Of Equity (Parentheticals)
Consolidated Statements Of Operations
Accumulated Other Comprehensive Loss (Details)
Accumulated Other Comprehensive Loss (Notes)
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss Reclassification Adjustment (Details)
Acquisitions And Divestitures (Details)
Acquisitions And Divestitures (Notes)
Benefit Plans
Benefit Plans (Tables)
Benefit Plans - Components Of Net Periodic Benefit Cost (Details)
Benefit Plans Benefit Plans - Accumulated Benefit Obligation In Excess Of Plan Assets (Details)
Benefit Plans Benefit Plans - Allocation Of Plan Assets (Details)
Benefit Plans Benefit Plans - Assumptions Used (Details)
Benefit Plans Benefit Plans - Defined Contribution Plans (Details)
Benefit Plans Benefit Plans - Future Benefit Payments (Details)
Benefit Plans Benefit Plans - Health Care Cost Trends (Details)
Benefit Plans Benefit Plans - Summary Of Benefit Plan (Details)
Benefit Plans Benefit Plans - Textuals (Details)
Commitments And Contingencies
Commitments And Contingencies Commitments And Contingencies (Details)
Debt
Debt (Details)
Debt (Tables)
Debt (Textuals) (Details)
Debt Debt - Cash Flow Information (Details)
Debt Maturities Of Long-Term Debt (Details)
Derivative Instruments And Hedging Activities
Derivative Instruments And Hedging Activities (Details)
Derivative Instruments And Hedging Activities (Tables)
Derivative Instruments And Hedging Activities (Textuals) (Details)
Earnings (Loss) Per Share
Earnings (Loss) Per Share (Details)
Earnings (Loss) Per Share (Tables)
Fair Value Of Assets And Liabilities
Fair Value Of Assets And Liabilities (Tables)
Fair Value Of Assets And Liabilities (Textuals) (Details)
Fair Value Of Assets And Liabilities - Fair Value Measurements (Details)
Fair Value Of Assets And Liabilities - Summary Of Liabilities Recorded At Carrying Value (Details)
Finance Lease Receivables (Details)
Goodwill (Details)
Goodwill And Other Assets
Goodwill And Other Assets (Tables)
Guarantees And Product Warranties
Guarantees And Product Warranties (Details)
Guarantees And Product Warranties (Tables)
Income Taxes
Income Taxes (Tables)
Income Taxes (Textuals) (Details)
Income Taxes - (Loss) Income From Continuing Operatings (Details)
Income Taxes - Deferred Tax Assets And Liabilities (Details)
Income Taxes - Income Tax Reconciliation (Details)
Income Taxes - Provision/(Benefit) For Income Taxes (Details)
Income Taxes - Unrecognized Tax Benefits (Details)
Income Taxes Income Taxes - Deferred Taxes By Balance Sheet Account (Details)
Inventories
Inventories (Details)
Inventories (Tables)
Investments
Investments (Details)
Investments (Tables)
Investments (Textuals) (Details)
Investments - Allowance For Credit Losses (Details)
Investments - Components Of Finance Lease Receivables (Details)
Leases
Leases (Tables)
Leases Components Of Lease Expense (Details)
Leases Leases (Details)
Leases Leases (Policies)
Leases Maturities Of Lease Liabilities (Details)
Leases Supplemental Balance Sheet Information Related To Leases (Details)
Leases Supplemental Cash Flow Information Related To Leases (Details)
Other Assets (Details)
Property, Plant And Equipment
Property, Plant And Equipment (Details)
Property, Plant And Equipment (Tables)
Redeemable Noncontrolling Interests (Details)
Redeemable Noncontrolling Interests (Notes)
Redeemable Noncontrolling Interests (Tables)
Restructuring
Restructuring (Tables)
Restructuring (Textuals) (Details)
Restructuring - Restructuring Charges By Plan (Details)
Restructuring - Restructuring Charges By Segment (Details)
Restructuring - Restructuring Charges By Statement Of Operations Account (Details)
Restructuring - Restructuring Reserve Activity (Details)
Revenue Recognition And Deferred Revenue
Revenue Recognition And Deferred Revenue (Details)
Revenue Recognition And Deferred Revenue (Tables)
Segment Information
Segment Information (Details)
Segment Information (Tables)
Segment Information (Textuals) (Details)
Segment Information Geographical Revenue And Long-Lived Assets (Details)
Segment Information Revenue By Service/Product Solution (Details)
Share-Based Compensation And Equity
Share-Based Compensation And Equity (Tables)
Share-Based Compensation And Equity (Textuals) (Details)
Share-Based Compensation And Equity - Fair Value Assumptions (Details)
Share-Based Compensation And Equity - Performance Shares Activity (Details)
Share-Based Compensation And Equity - Restricted Stock Unit Activity (Details)
Share-Based Compensation And Equity - Share-Based Compensation Expense (Details)
Share-Based Compensation And Equity - Stock Option Activity (Details)
Share-Based Compensation And Equity - Unrecognized Compensation Costs (Details)
Share-Based Compensation And Equity Share-Based Compensation And Equity (Policies)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Details)
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies Summary Of Significant Accounting Policies (Tables)
Ticker: DBD
CIK: 28823
Form Type: 10-K Annual Report
Accession Number: 0000028823-22-000058
Submitted to the SEC: Fri Mar 11 2022 1:23:44 PM EST
Accepted by the SEC: Fri Mar 11 2022
Period: Friday, December 31, 2021
Industry: Calculating And Accounting Machines No Electronic Computers

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