Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — NetLink NBN — 9M 2019 Earnings Presentation
13 slides from Singapore Exchange's earnings presentation, Nov 8, 2019
Slide 1: Q3/9M 2019 RESULTS PRESENTATION
Q3/9M 2019 RESULTS PRESENTATION 8 November 2019
Slide 2: FINANCIAL HIGHLIGHTS
FINANCIAL HIGHLIGHTS 2 NERA
Slide 3: KEY FINANCIAL HIGHLIGHTS
KEY FINANCIAL HIGHLIGHTS Revenue Revenue Contribution By Customer Segment (S$’m) 9M 2019 121.1 9M 2018 15.4% 40.3 96.7 28.9 15.7% 14.3% 70.3% 18.6% 65.7% 80.8 32.1 67.8 26.5 10.4 7.6 21.7 18.9 9M 2018 9M 2019 Q3 2018 Q3 2019 Service Provider GTU Enterprise • Revenue declined YOY due to lower contrib
Slide 4: KEY FINANCIAL HIGHLIGHTS
KEY FINANCIAL HIGHLIGHTS Total Order In-Take Total Order In-Take By Customer Segment NI (S$’m) WIN 143.2 9M 2019 26.3% 37.6 9M 2018 113.8 16.6% 24.8% 28.2 14.1% 51.1% 15.5% 32.3% 73.7% 105.6 45.3 70.4% 75.2% 85.6 19.9% 9.0 35.6 20.0% 7.1 80.1% 36.3 80.0% 28.5 Service Provider GTU Enterprise 9M 2018
Slide 5: KEY FINANCIAL HIGHLIGHTS
KEY FINANCIAL HIGHLIGHTS Revenue (By Nature) Breakdown (By Nature) (S$’m) 75.5 9M 2019 58.4 9M 2018 45.6 38.3 39.6% 60.4% 37.7% 62.3% 18.6 13.5 15.6 10.9 Equipment 9M 2018 9M 2019 Q3 2018 Q3 2019 Services & Maintenance Equipment Services & Maintenance Encouraging customers to take on services & main
Slide 6: KEY FINANCIAL HIGHLIGHTS
KEY FINANCIAL HIGHLIGHTS Gross Profit/Gross Profit Margin (S$’m) • Lower gross profit YOY mainly due to lower revenue 24.9% 24.8% 27.2% • Quarterly gross profit margin lower 21.3% primarily due to lower gross profit margin from services revenue 30.2 24.0 8.7 5.7 9M 2018 9M 2019 Q3 2018 Q3 2019 Gross
Slide 7: KEY FINANCIAL HIGHLIGHTS
KEY FINANCIAL HIGHLIGHTS Profit Before Tax Net Profit (S$’m) (S$’m) 8.46 6.33 5.06 3.73 2.27 1.48 0.99 1.05 9M 2018 9M 2019 Q3 2018 Q3 2019 9M 2018 9M 2019 Q3 2018 Q3 2019 • The decrease in profit before tax (“PBT”) was attributable to lower gross profit in tandem with lower revenue, partially offse
Slide 8: FINANCIAL POSITION
FINANCIAL POSITION Change Change S$’m Q3 2019 Q3 2018 9M 2019 9M 2018 (%) (%) Revenue 26.49 32.07 (17.4) 96.68 121.08 (20.2) Gross Profit 5.65 8.71 (35.1) 23.99 30.19 (20.6) Gross Profit Margin (%) 21.3 27.2 (5.9) pt 24.8 24.9 (0.1) pt Total Operating Expenses 5.61 6.13 (8.2) 19.45 20.57 (5.3) Net P
Slide 9: FINANCIAL POSITION
FINANCIAL POSITION S$’m 30 September 2019 31 December 2018 Current Assets 148.15 152.38 Current Liabilities 89.58 91.52 Net Current Assets 58.58 60.86 Total Assets 157.31 158.50 Total Liabilities 93.88 91.83 Total Borrowings 12.50 5.50 Cash and Bank Balances 12.72 21.56 Net Cash 0.22 16.06 NAV/Share
Slide 10: OUTLOOK & STRATEGIES
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Slide 11: OUTLOOK – IDENTIFIED BUSINESS VERTICALS 300.0B 274.3B
OUTLOOK – IDENTIFIED BUSINESS VERTICALS >US$ 300.0B 20.0 % Cybersecurity Cybersecurity Market (APAC) CAGR (2026F) (2018 - 2024F) US$ 274.3B 13.2 % Data Analytics Global big data and business analytics solutions CAGR (2022F) (2018 - 2022F) >US$ 16.9B 48.7 % Network Automation Market CAGR (2016 - 2022
Slide 12: KEY STRATEGIES
KEY STRATEGIES Capitalise Optimise Customer Reap Synergies Enhance Product Digitisation Wave for Inorganic Growth Base Across Businesses Mix New Growth Areas • Cybersecurity: • Build a balanced • Upsell/Cross sell • Bolster recurring • Keep a look out for secure digital and diversified products and
Slide 13: THANK YOU
Q3/9M 2019 RESULTS PRESENTATION THANK YOU