Fos Capital Ltd · ASX:FOS
Fos Capital — Coffee Microcaps Conference (March 2024)
9 slides from Fos Capital's conference presentation, Mar 12, 2024
Slide 1: Coffee Microcaps Presentation
For personal use only Coffee Microcaps Presentation ASX: FOS
Slide 2: FOS Overview
FOS Overview • FOS Capital founded April 2019 and listed in June 2021. (management have +35 years in the industry) For personal use only • FOS manufactures & distributes commercial & architectural LED lighting to the project specification market • Immediate market FOS operates in estimated sales +$5
Slide 3: Milestones: Track record of accretive acquisitions
Milestones Track record of accretive acquisitions For personal use only
Slide 4: KLIK Strategic Acquisition
KLIK Strategic Acquisition • KLIK 40+ years in operation in design, manufacture & distribution of quality LED linear & handrail lighting solutions • The acquisition of KLIK Systems forms part of a strategy to consolidate the linear lighting market in Australia. For personal use only • Significant pr
Slide 5: FOS 1H24 Key Takeaways
For personal use only FOS 1H24 Key Takeaways $9.9m $7.2m $2.7m $11.1m 1H Sales +15% Q2 Sales +30% December Orders Intake Order Book SOLID 1H RECORD KLIK IMPACT RECORD 0.9m KLIK Systems 10 Consecutive $100m EBITDA* +43% Profitable half years Pipeline VOLUMES INCREASE MARGINS ACQUISITION RESILIENT BUS
Slide 6: Financials
Financials P&L ($m) 1H24 1H23 Balance Sheet Dec 23 Dec 22 For personal use only Sales 9.9 8.6 Cash & Receivables 5.9 5.2 Gross Profit 4.3 3.3 Stock, P&E, Other 13.0 9.9 Other Income .1 .1 Total Assets 18.9 15.1 Operating Expenses 3.5 2.8 Payables 2.1 2.9 EBITDA .9 .6 Debt 2.8 0 Int & Dep .2 .1 Other
Slide 7: Comparative Analysis
Comparative Analysis 11.1 100 Pipeline For personal use only Order Book 80 6.1 6.2 56 58 5.3 50 42 3.8 3.3 25 15 1.5 1.5 Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 17.1 Sales 13.5 8.5 7.4 8.1 5.5 4.2 9.9 2.8 8.6 6.1 3.9 2.7 FY20 FY
Slide 8: Outlook
For personal use only Outlook • ANZ operation with 79 staff well poised for further growth • Commercial construction industry continues to be robust with orders being released • Acquisition of KLIK expected to deliver significant manufacturing synergies • New revenue streams from expanded geographic
Slide 9: FOS Interactive Investor Hub
For personal use only FOS Interactive Investor Hub https://investorhub.foscapital.com.au/welcome
FOS Capital — Coffee Microcaps Conference (March 2024) on 6ix