Asbisc Enterprises Plc · GPW:ASB
Asbisc Enterprises — Q3 2025 Earnings Presentation
26 slides from Asbisc Enterprises's earnings presentation, Nov 6, 2025
Slide 1: Q3 and 9M 2025 Presentation
Q3 and 9M 2025 Presentation IN THE EYE OF AI CYCLON - ANOTHER BEAUTIFUL QUARTER 06 November 2025
Slide 2: Disclaimer
2 Disclaimer • This presentation (the “Presentation”) was prepared by ASBISc Enterprises Plc (the “Company”) with a due care. Still, it may contain certain inconsistencies or omissions. The Presentation does not contain a complete or thorough financial analysis of the Company and does not present it
Slide 3: Agenda
Agenda 01. 02. 03. 04. KEY FINANCIAL OUTLOOK BACK-UP CORPORATE RESULTS FOR 2026 EVENTS
Slide 4: Key corporate events
4 Key corporate events ASBIS completed a ASBIS expanded Interim dividend due diligence process warehouse space by payment at Matrix Media 20% ASBIS has successfully ASBIS has completed The BOD decided to pay conducted a due diligence the construction of a an interim dividend from process at Matrix M
Slide 5: New warehouse in Kazakhstan
NEW WAREHOUSE IN KAZAKHSTAN The total usable area of the facility is 24,955 m², includes: • Office space: 4,697 m² • Production: 2,698 m² - for the needs of Breezy • Warehousing: 17,560 m² This facility takes our total warehousing to 70,000 m2. The new warehouse space will be equipped with a state-o
Slide 6: A decade of hefty dividend payments
6 A decade of hefty dividend payments DIVIDENDS PER SHARE (USD) 27.8 27.8 25 The Company 16.7 aims to continue 16.7 payment of hefty dividends. 5.6 7.5 11.1 11.1 11.1 11.1 5.6 3.3 2.8 3.3 from 2017 NI from 2018 NI from 2019 NI from 2020 NI from 2021 NI from 2022 NI from 2023 NI from 2024 NI * Interi
Slide 7: Agenda
Agenda 01. 02. 03. 04. KEY FINANCIAL OUTLOOK BACK-UP CORPORATE RESULTS FOR 2026 EVENTS
Slide 8: Successful Q3 and 9M 2025
8 Successful Q3 and 9M 2025 Record high top- US$ m Q3’25 Q3’24 YoY US$ m 9M‘25 9M‘24 YoY line both in Q3 and 9M 2025 Revenue 929.5 722.5 29% Revenue 2,615.2 2,081.6 26% Gross profit 65.3 55.2 18% Gross profit 180.4 165.8 9% Gross margin Gross profit margin 7.03% 7.64% -0.61ppt Gross profit margin 6.
Slide 9: Key countries' revenues (US$ m)
9 KEY COUNTRIES’ REVENUES (US$ m) Taiwan in TOP 10 Q3 2025 VS Q3 2024 140 • Kazakhstan became again no.1 country, following 120 121 the realization of large AI server projects and 98 104 97 improved smartphones sales. 96 93 100 89 80 • Ukraine – despite further intensification of the 60 hostilities,
Slide 10: Q3 2025 AI boom everywhere
10 REVENUES BY REGIONS (USD m) Q3 2025 AI boom everywhere • The CIS region has continued a positive upward trend, following Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 explosive investment into AI and hyperscale datacenters (mainly in CIS CEE MEA WE Other Kazakhstan). US$
Slide 11: Q3 2025 servers and server blocks – keep significant momentum
11 REVENUES BY PRODUCT LINES (US$ m) Q3 2025 servers and server blocks – keep significant momentum • Q3 2025 was the best Q3 for smartphones sales, driven by a continuous strong Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 demand for different iPhone models, and improved m
Slide 12: How AI boom elevated ASBIS 9M 2025 revenues
HOW AI BOOM ELEVATED ASBIS 9M 2025 REVENUES YoY YoY 91.5 M$ +240% 41 M$ +730% Server SSD Server CPU 15.1 M$ +21% 193 Μ$ +1 424% Server DRAM Server HDD 341 M$
Slide 13: Extensive portfolio for AI infrastructure
13 Extensive portfolio for AI infrastructure The existing supplier network, combined with ASBIS’s distribution expertise, ensures that ASBIS can provide customers with comprehensive, cutting- edge AI infrastructure solutions. ▪ GPUs and AI accelerators ▪ Servers ▪ IT infrastructure ▪ Server processo
Slide 14: SG&A costs
14 SG&A costs NUMBER OF EMPLOYEES SG&A COSTS 2 787 2 822 2 803 2 779 2 719 2 707 2 718 2 627 2 673 45.0 5.6% 6.0% 4.4% 4.4% 5.0% 4.9% 40.0 4.8% 5.0% 4.2% 4.5% 35.0 4.2% 30.0 34.6 36.1 36.2 35.2 4.0% 38.8 40.0 42.0 39.7 33.9 25.0 3.0% 20.0 15.0 2.0% 10.0 1.0% 5.0 0.0 0.0% Q3 2023 Q4 2023 Q1 2024 Q2 2
Slide 15: Cash engaged in working capital
15 NET WORKING CAPITAL (US$ m) NWC: 20% of sales NWC: 19% of sales Cash engaged in 475 513 411 working capital 313 Q3'25 Q3'24 -321 -467 Inventories Trade receivables Trade payables • High revenue growth resulted in the need to involve more cash into working capital. US$ m 9M 2025 9M 2024 • New prod
Slide 16: Indebtedness at safe level
16 Indebtedness at safe level US$ m 9M 2025 9M 2024 YoY Short term borrowings (excl. leases and factoring) 203.6 131.6 55% Long term borrowings (excl. leases) 14.1 13.9 2% Other long-term liabilities 1.0 0.9 10% The Company's High level of cash ability to access Cash and cash equivalents 112.2 106.2
Slide 17: Agenda
Agenda 01. 02. 03. 04. KEY FINANCIAL OUTLOOK BACK-UP CORPORATE RESULTS FOR 2026 EVENTS
Slide 18: 2026 outlook
18 At ASBIS we continue to 2026 outlook strive for more. We will do our best to beat 2025 results in PRODUCTS MARKETS CLIENTS FINANCIAL 2026. • New Apple • Continue focus • Continued • SG&A costs products on CIS focus on optimization introduction countries business • Gross profit • More emphasis • D
Slide 19: Key 2026 risks and opportunities
19 Key 2026 risks and opportunities RISKS OPPORTUNITIES • Unstable geopolitical situation • Stabilization of geopolitical in Europe and Asia situation • Illicit trading and new • Signing of new agreements regulations for servers and server blocks • Supply chain disruptions • New EU and government fu
Slide 20: Q&A
Q&A
Slide 21: Agenda
Agenda 01. 02. 03. 04. KEY FINANCIAL DIVIDEND BACK-UP CORPORATE RESULTS PAYMENT EVENTS
Slide 22: Premium Retail Business
23 Premium Retail Business 33 33 iSpace stores in 7 countries 7 Ukraine 10 Kazakhstan Moldova 2 1 6 Georgia 7 7 Bang & Olufsen stores in 4 countries 1 Italy Armenia 3 4 Azerbaijan 1 Uzbekistan 3 Cyprus iSpace is a network of premium retail stores and Apple’s official partner with Apple Premium Partn
Slide 23: ASBIS own brands
24 ASBIS own brands AENO is a brand of Canyon is a Lorgar is a brand of Prestigio Solutions smart home appliances dynamically growing gaming devices aimed specializes on offering top-level brand of stylish mobile to bring the gaming innovative quality, customer accessories, computer experience to a
Slide 24: ASBIS continues engagement in ESG initiatives
25 ASBIS continues engagement in ESG initiatives Continuous reporting Diverse Board Comprehensive double since 2017 report. of Directors materiality analysis Application of SASB (5 executives, 3 NEDs; conducted which and now ESRS women 37.5%). returned 29 material standards. ESG topics. Full greenho
Slide 25: Shareholder structure
26 Shareholder structure Affiliation to indexes: KS Holdings Ltd* Zbigniew Juroszek ** Free-float Number of shares % of share capital & votes & votes KS Holdings Ltd * 20,448,127 36.84% Zbigniew Juroszek** 3,028,640 5.46% Free-float 32,023,233 57.70% TOTAL 55,500,000 100.00% As of : 2025-11-05 *Siar
Slide 26: Thank you
Thank you CONTACT FOR INVESTORS: Constantinos Tziamalis Bartosz Basa Deputy CEO IR Manager +357 25857188 +48 691 910 760 costas@asbis.com b.basa@asbis.com CONTACT FOR MEDIA: Iwona Mojsiuszko Managing Director of 8Sense PR +48 502 344 992 iwona.mojsiuszko@8sensepr.pl