Atlas Pearls Ltd · ASX:ATP
Atlas Pearls — Shareholder Meeting (October 2022)
14 slides from Atlas Pearls's shareholder meeting presentation, Oct 24, 2022
Slide 1: AGM Presentation
AGM Presentation 24 October 2022 For personal use only ASX : ATP
Slide 2: Important Information
ATLAS PEARLS 2 IMPORTANT INFORMATION For personal use only PRESENTAT ION BY ATLAS PEARLS This presentation has been issued by Atlas Pearls Limited (“the Company”) and is based on information obtained by the Company. This presentation should be considered as preliminary only and does not purport to c
Slide 3: About the Company
ATLAS PEARLS 3 ABOUT THE COMPANY For personal use only 7 FARMING OPERATIONS 1,000+ EMPLOYEES Over the past 29 years, Atlas Pearls has become one of the world’s largest producers and distributors of the highly sought-after, white & silver South Sea pearls. Operating across 7 farming locations through
Slide 4: Atlas Pearls - Board
ATLAS PEARLS 4 ATLAS PEARLS - BOARD For personal use only Mr. Geoff Newman Mr. Cadell Buss Mr. Tim Martin CHAIRMAN INDEPENDENT NON-EXECUTIVE NON-EXECUTIVE DIRECTOR B. Ec. (Hons), M.B.A, F.C.P.A ,F.A.I.C.D. DIRECTOR B.A., M.B.A, G.A.I.C.D. M.B.A, M.P.M, G.A.I.C.D. Commencing as Director for Atlas Pea
Slide 5: Key Operational Locations
ATLAS PEARLS 5 KEY OPERATIONAL LOCATIONS For personal use only
Slide 6: Operational Achievements
6 6 OPERATIONS OPERATIONAL ACHIEVEMENTS For personal use only UNSEEDED OYSTERS SEEDED HARVESTED 3.4% 1,310,434 11.9% THE NUMBER OF JUVENILE & MATURE THE NUMBER OF NUCLEATED OYSTERS THE NUMBER OF PEARLS HARVESTED OYSTERS INCREASED FROM 1,645,465 IN REMAINED RELATIVELY STABLE INCREASED FROM 562,872 IN
Slide 7: Operational Achievements
7 7 OPERATIONS OPERATIONAL ACHIEVEMENTS For personal use only SEEDING DIVERSIFIED LOCATIONS HATCHERY REFORMS 800-850k 2+5 HATCHERIES ARE FOCUSED ON FOOD AVAILABILITY FOR SPAT (BABY OYSTERS), THE COMPANY MAINTAINS ATLAS PEARLS OPERATES 2 HATCHERIES ANTIBIOTICS IN THE EARLY STAGES A SEEDING TARGET OF
Slide 8: Sales & Marketing: Customer Growth
8 8 SALES & MARKETING SALES & MARKETING For personal use only CUSTOMER GROWTH Loose pearl sales continued to focus on : • Maintaining customer retention 26% • New customer acquisition THE NUMBER OF ACTIVE CUSTOMERS • Geographical diversification HAS INCREASED FROM 140 IN FY 2021 TO 176 IN FY 2022. •
Slide 9: Sales & Marketing: Customer Diversification
9 9 SALES & MARKETING CUSTOMER DIVERSIFICATION For personal use only GEOGRAPHICAL GROWTH Customer diversification included : • Expanding sales beyond traditional geographical markets. 53% In FY 2022 sales increased to 23 different countries, an increase SALES IN FY 2022 WERE TO 23 DIFFERENT of 53% f
Slide 10: Sales & Marketing: Market
10 10 SALES & MARKETING MARKET For personal use only • Reaching beyond our traditional markets and customer base has allowed us to showcase our pearls to new buyers and increase competition which has led to increased prices over the year. • Consistent grading and brand reputation has given customers
Slide 11: Financial Highlights
11 11 FINANCE FINANCIAL HIGHLIGHTS FY 2021 FY 2022 For personal use only $6.7m * $4.6m * PROFIT AFTER INCOME TAX PROFIT AFTER INCOME TAX $18.3m $21.5m REVENUE REVENUE $3.8m $5.0m NET CASHFLOW FROM OPERATIONS NET CASHFLOW FROM OPERATIONS $5.6m $4.3m NORMALISED EBITDA NORMALISED EBITDA *Includes an ac
Slide 12: Financial Achievements
12 12 FINANCE FINANCIAL ACHIEVEMENTS For personal use only FY 2022 REVENUE DEBT REPAYMENT SHARE PRICE $21.5m $2.875 M WAS REPAID DURING FY 2022, WITH THE FINAL LOAN REPAYMENT MADE ON 30 TH SEPTEMBER 2022. 240% SALES REACHED MORE THAN THIS FINAL PAYMENT CLOSED OUT SHAREPRICE UP 240% FROM $20M FOR THE
Slide 13: Currency Diversification
13 13 FINANCE CURRENCY DIVERSIFICATION For personal use only FY 2020 FY 2021 FY 2022 ¥ Yen $ USD Other ¥ Yen $ USD Other ¥ Yen $ USD Other JAPANESE YEN During the financial year the revenue make-up continued to change: UNITED STATES DOLLAR OTHER
Slide 14: Thank You
For personal use only 14 THANK YOU Atlas peals would like to thank the company’s loyal and dedicated shareholders, employees, customers and stakeholders for their continued support and commitment during the year. We remain focused on the production and distribution of the highest quality, safely and