Slide 1: FY2023 Business Update
FY2023 Business Update 27 November 2023 Optimising Resources For Sustainable Returns 1
Slide 2: Contents
o ANNUAL REVIEW o Our Footprint o Strengthening Operations o Diversifying Product Offerings o Leveraging On Our Scale With Technology CONTENTS o FINANCIAL HIGHLIGHTS o 2024 BUSINESS STRATEGIES 2
Slide 3: Our Footprint
NEW FOOD OUTLETS IN OUR FY2023 FOOTPRINT 11 NOV 4th Kedai Kopi at Blk 925 Yishun FOOD OUTLETS 24 NOV Food Outlets FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 Blk 153A Serangoon Traditional North Ave 1 60 60 65 72 73 73 70^ Coffeeshops Kedai Kopi (Halal - - - - 2 3 5 Coffeeshops) 02 FEB Industri
Slide 4: Our Footprint: Food Retail
OUR FOOTPRINT F O O D R E TA I L Food Retail FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 NON-HALAL BUSINESS Mixed Vegetable Rice 39 46 53 56 57 54 58 Stalls Teochew Porridge Stalls 2 3 3 3 3 3 3 Dim Sum Stalls 46 49 50 48 49 47 48 Seafood “Zi Char” Stalls 32 31 29 29 28 27 27 Live Seafood Resta
Slide 5: Strengthening Operations: Enhancing Foundation Lease
STRENGTHENING OPERATIONS Enhancing Foundation Lease To provide Stability and Certainty IPO 2017 Sep 2021 Sep 2022 Sep 2023 Types of Leases Number of Percentage of Number of Percentage of Number of Percentage of Number of Percentage of Outlets Outlet by Type Outlets Outlet by Type Outlets Outlet by T
Slide 6: Kimly's Flagship Coffeeshop
STRENGTHENING OPERATIONS Kimly’s Flagship Coffeeshop Halal and Traditional Coffeeshop Under One Roof The Group opened its 5th Kedai Kopi (Halal Coffeeshop) at Blk 376 Bukit Batok in September 2023. This Kedai Kopi, together with the Kimly Coffeeshop next door is the Group’s flagship outlet as it is
Slide 7: Outlet Revitalisation
STRENGTHENING OPERATIONS Outlet Revitalisation Refurbishment & Extension Outlet Revitalisation Program • By upgrading amenities to enhance hygiene and elevate the dining experience • New food stalls and food products are introduced into the coffeeshops to ensure a dynamic and vibrant atmosphere • Ex
Slide 8: Quality Food Tenants and Enhancing Tenderfresh's Halal Business
STRENGTHENING OPERATIONS Quality Food Tenants and Enhancing Tenderfresh’s Anchor Tenants Halal Business Portfolio As of 30 September 2023, we enjoyed 99.2% • Tenderfresh Group continued to exhibit robust occupancy rate over a total of 634 food stalls performance in FY2023 and made significant stride
Slide 9: Diversifying Product Offerings
DIVERSIFYING PRODUCT OFFERINGS Reinventing, Innovating, Catering to Customers’ Changing Preferences In May 2023, Kimly launched the Lion City LION CITY DIM SUM Dim Sum concept at Lau Pa Sat which HOUSE OF PEPPER RICE serves a wide variety of dim sum favourites Launched in Apr 2023 Select from our ar
Slide 10: Diversifying Product Offerings: Reinventing, Innovating
Hotdog DIVERSIFYING PRODUCT Brioche Buns OFFERINGS Buttery brioche buns with fusion toppings to keep things fresh and fun. Available at selected Amigo’s food stalls and Tenderfresh’s restaurants. Reinventing, Innovating, Catering To Customers’ Changing Preferences Giant Chicken Kimly Dim Sum Persona
Slide 11: Leveraging On Our Scale With Technology
LEVERAGING ON OUR SCALE WITH TECHNOLOGY Expansion On E-commerce Channels For Our Food Retail Division Kimly Seafood “Zichar” Kimly Chilled e-commerce Dim Sum Tenderfresh Launched in Aug 2023, Kimly Kimly Dim Sum Pasar Seafood “Zichar” aims to deliver e-commerce page e-commerce another option of purc
Slide 12: Financial Highlights
FINANCIAL HIGHLIGHTS ii A tee a fk
Slide 13: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue Gross Profit Gross Profit Margin S$313.9M S$88.9M 28.3% FY2022 : S$317.7M FY2022 : S$91.5M FY2022 : 28.8% [-1.2% y-o-y ] Up 99% on FY20 [-2.9% y-o-y ] [-0.5 p.p. y-o-y ] EBITDA Net Profit Basic EPS after depreciation of right-of-use assets and interest after tax attribut
Slide 14: Resilient Revenue Growth
RESILIENT REVENUE GROWTH Revenue by Business Segment (S$Mil) 192.1 202.2 208.3 210.8 238.6 317.7 313.9 Outlet Investment 7.0 7.3 $0.2M / 3.1% - higher contribution from provision for cleaning and utilities services Food Retail 6.8 -S$7.4M / -3.9% 3.1 191.2 183.8 • decline in delivery sales as food d
Slide 15: Profitability
PROFITABILITY Gross Profit (S$ Mil) & Gross Profit Margin (%) EBITDA (S$ Mil) & EBITDA Margin (%) 91.5 20.9% 32.8% 88.9 28.8% 28.3% 20.0% 19.9% 19.5% 26.8% 78.2 ^ 16.0% 16.3% 16.4% 14.1% 13.6% 56.5 12.5% 49.9 51.7 51.4 ^ 38.4 40.2 40.7 33.7 27.1 27.4 26.0 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY
Slide 16: Profitability: Net Profit After Tax
PROFITABILITY Net Profit After Tax (“NPAT”) (S$Mil) 16.5% 39.3 36.7 36.8^ 12.0% 11.6% 11.7%^ 11.2% 10.8% 9.6% 25.2 21.4 21.9 20.1 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 NPAT NPAT margin ^Excluding the gain on disposal of the Confectionary Business of S$2.5 million 16
Slide 17: Cash Generative Business
CASH GENERATIVE BUSINESS Net Cash Generated From Operating Activities (S$ Mil)* 50.9 43.5 41.8 42.3 36.4 S$89.1 M Cash & 29.0 Cash Equivalents as at 30 September 2023 7.2 * Net cash generated from operating activities and after repayment of lease liabilities and its related FY2017 FY2018 FY2019 FY20
Slide 18: Strong Balance Sheet
STRONG BALANCE SHEET Total Assets (S$ Mil) Total Liabilities (S$ Mil) 357.3 333.8 319.8 326.3 209.6 192.7 190.5 151.3 106.2 115.6 121 32.5 32.0 33.1 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 Total Shareholder’s Equity (S$ Mil) & Cash and Bank B
Slide 19: Attractive Recurring Dividends
Attractive Recurring Dividends DIVIDEND PER SHARE (S¢) 80.2% S¢ per share 62.5% 61.4% 57.2% 51.8% 50.7% 52.6% 2.00 1.68 1.68 0.96 0.96 1.40 1.12 0.6 1.12 1.12 1 0.84 0.84 0.84 0.68 0.68 0.56 0.56 0.56 0.56 0.28 0.28 0.28 Financial Year 2017 2018 2019 2020 2021 2022 2023 Interim Dividend Final Divide
Slide 20: 2024 Business Strategies
2024 Business Strategies 2024 Business Strategies Diversify Product Expansion of Food Retail Strengthening Operation Expansion of Footprints Offerings and Revenue Division Capabilities Channels Actively explore suitable new Continue reinventing our menu Commitment to expanding our Focus on strengthe
Slide 21: Important Notice
IMPORTANT NOTICE DISCLAIMER This presentation is prepared for information purposes only, without regard to the objectives, financial situation nor needs of any specific person. This presentation does not constitute, or form any part of any offer for sale or subscription of, or solicitation of any of
Slide 22: Optimising Resources For Sustainable Returns
Optimising Resources For Sustainable Returns www.kimlygroup.com.sg | kimlycoffeeshop | kimlycoffeeshop.sg 22