Slide 1: Blue-EX Limited Corporate Briefing 2023
Blue-EX Limited (formerly Universal Network Systems Limited) Corporate Briefing 2023
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by Blue-EX Limited (BLX) for informational purposes. BLX relies on information obtained from sources believed to be reliable, but it makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy
Slide 3: Company Overview
Company Overview
Slide 4: Milestones
Milestones E-com Services Brand Name “Blue-Ex” Become First Courier & Universal Network Commencement of logistics Company Acquired UFS, one of Systems (Private) International Air Freight Commencement of Partnered with Serene being listed on Stock the largest freight Limited Operations International
Slide 5: Blue-Ex – group structure
Blue-Ex – group structure Key Partnerships International & domestic Wholly owned Subsidiaries Country Franchisee
Slide 6: Journey so far
Journey so far • BLX was incorporated in 2005 as a Domestic Cargo Consolidator and shifted its focus towards E-Commerce Logistics in 2011 with the first COD shipment conducted in Pakistan under the BlueEX Brand. • The Company introduced E-Commerce to Pakistan when it launched its Online Booking Syst
Slide 7: Financial Highlights
Financial Highlights
Slide 8: Statement of Profit & Loss (Unconsolidated)
Statement of Profit & Loss (in 000’) (Unconsolidated) FY23 FY22 %age Change Sales 1,353,358 1,100,146 23.0% Cost of sales 1,090,261 928,802 17.4% Gross profit 263,097 171,344 53.5% Selling, general and administrative expenses 138,466 114,310 21.1% Other income 28,820 16,894 70.6% EBITDA 153,450 73,9
Slide 9: Statement of Profit & Loss (Consolidated)
Statement of Profit & Loss (in 000’) (consolidated) FY23 FY22 %age Change Sales 1,361,283 1,100,146 23.7% Cost of sales 1,091,237 928,802 17.5% Gross profit 270,046 171,344 57.6% Selling, general and administrative expenses 144,908 114,310 26.8% Other income 120,726 16,894 614.6% EBITDA 245,865 73,9
Slide 10: Statement of Financial Position - unconsolidated
10 Statement of Financial Position (in 000’) - unconsolidated FY23 FY22 %age Change Property and equipment 142,845 155,334 -9% Intangible assets 145,403 83,229 43% Right of use assets 22,683 48,627 -114% Long term deposits 11,469 12,747 -11% Long Term Investments 41,535 0,00 100% Trade debts 453,518
Slide 11: Statement of Financial Position - consolidated
Statement of Financial Position (in 000’) - consolidated FY23 FY22 %age Change Property and equipment 176,688 155,334 12% Intangible assets 145,403 83,229 43% Right of use assets 22,683 48,627 -114% Long term deposits 16,523 12,747 23% Long Term Investments 19,100 0,00 100% Trade debts 991,224 455,7
Slide 12: Industry Overview
Industry Overview
Slide 13: Industry Overview
Industry Overview • Transportation Sector: Contributing 22.3% to the Service Sector GDP and accounts for approximately 6% of the nation’s total employment • Extensive Road Network: Inter-urban passenger and freight transport in Pakistan is primarily via road with 94% of all passengers travelling by
Slide 14: Pakistan’s E-com market growth – now to 2025
Pakistan’s E-com market growth – now to 2025 • Revenue in the eCommerce Market is projected to reach US$4,903.00m in 2024. • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.85%, resulting in a projected market volume of US$6,513.0m by 2029. • In the eCommerce Market, the numb
Slide 15: Q & A Session
Q & A Session
Slide 16: Thank you
Thank you