Wiseway Group Ltd. · ASX:WWG
Wiseway — H1 2024 Earnings Presentation
16 slides from Wiseway's earnings presentation, Feb 29, 2024
Slide 1: Wiseway Group 1H24 Presentation
Wiseway Group (ASX: WWG) 1H24 Presentation 28 February 2024 1
Slide 2: Contents
Contents 1H24 results overview 3 Business overview 8 Outlook and priorities 12 2
Slide 3: 1H24 results overview
1H24 results overview 3
Slide 4: Significant increase in profitability (compared to prior period)
Significant increase in profitability (compared to prior period) 1H24 key financial metrics Operational highlights (comparisons with 2H23) $52.3 million Strong performance in profitability (35% increase in Group Revenue EBITDA) $4.3 million EBITDA Continuing strategic diversification, with Perishabl
Slide 5: Divisional snapshot: Wiseway continues to diversify revenue
Divisional snapshot | Wiseway continues to diversify revenue % Revenue split by division $ Revenue split by division % split $’000 1H2023 2H2023 1H2024 100% Air freight – General cargo 22,105 23,038 20,627 90% 80% Air freight – Perishables 17,597 13,972 11,908 70% 60% Sea freight 3,813 3,997 3,985 5
Slide 6: Location snapshot: Core Australia business continues to perform well
Location snapshot | Core Australia business continues to perform well Revenue by location Commentary: $’000 1H2023 2H2023 1H2024 Australia: Australia 50,002 44,128 45,211 • Growth in imports and distribution from capitalising on cross- New Zealand 1,724 3,307 3,387 border eCommerce tailwind China 1,
Slide 7: Balance sheet: Financially stable with a healthy balance sheet
Balance sheet | Financially stable with a healthy balance sheet 31 Dec 2023 30 June 2023 Commentary: Balance sheet Change % $m $m Cash and cash equivalents 7.4 9.1 -19% • Healthy balance sheet, with $7.4 million Cash Trade and other receivables 14.8 9.1 63% and Cash Equivalents to support strategic
Slide 8: Business overview
Business overview 8
Slide 9: Overview of Wiseway
Overview of Wiseway Top 4 200+ 100+ freight forwarder (in terms of outbound air freight employees Trucks and trailers volumes) 4 12 10 cities across depots with cool room warehouses capabilities (Sydney, Melbourne, NZ, Perth) (incl. RACA, Customs Bonded, Quarantine approved depots) 5 countries Shipp
Slide 10: Our core business segments
Our core business segments 1 2 3 4 5 6 Air Freight Exports Sea Freight Exports Perishables Imports Road & Warehousing Overseas • Serving e- • General food • Fresh produce. • General cargo • Interstate and road • China (Guangzhou commerce commodities. imports clearance transport business. and Shangha
Slide 11: Strategic partnerships in industry built on relationships
Strategic partnerships in industry built on relationships Long-standing Global team Strategic industry customer relationships capabilities partnerships • A diverse portfolio of • Experienced leadership team, • Long-standing GSA and customers supported by with continued involvement CSA relationships
Slide 12: Outlook and priorities
Outlook and priorities 12
Slide 13: Wiseway priorities for FY24
Wiseway priorities for FY24 A leading logistics partner in the Asia Pacific region, providing excellent services and superior customer value to our Ambition partners 1 2 3 4 5 6 Air Freight Sea Freight Road Freight & Perishables Imports Overseas Export Export Warehouse Division Win Perishables Captu
Slide 14: Outlook
Outlook Margins expected to be largely maintained, despite decreasing freight rate Imports is expected become one of Wiseway’s largest business divisions as the Group continues to invest to capture the cross-border eCommerce tailwind Renewed focus on strengthening Australia and New Zealand, whilst e
Slide 15: Disclaimer
Disclaimer This presentation contains summary information about Wiseway Group Limited (Wiseway) and its subsidiaries and their activities. The information in this presentation does not purport to be complete. It should be read in conjunction with Wiseway’s other periodic and continuous disclosure an
Slide 16: Contact us
Contact us Company/investor enquiries: investor.relations@wiseway.com.au Media/investor enquiries: media@wiseway.com.au 16