Synergetic Auto Performance Public Co. Ltd. · SET:ASAP
Synergetic Auto Performance Public — Q1 2022 Earnings Presentation
22 slides from Synergetic Auto Performance Public's earnings presentation, May 19, 2022
Slide 1: Q1-2022 SET Opportunity Day
Q1-2022 SET Opportunity ay Pre 19 May 2022
Slide 2: ASAP Coin loyalty program
Slide 3: Update Progress, Financial Highlights, 2022 Goals
Section 1 Update Progress Section 2 Financial Highlights aN Section 3 2022 Goals
Slide 4: Section 1: Update Progress
Section 1 UPDATE PROGRESS
Slide 5: Car Rental
Car Rental Long-Term Car Rental Large corporations, government agencies and state enterprises are still performing well through out the COVID-19 pandemic. The COVID-19 epidemic affected a few small corporations, resulting in contract termination. However, our bad debt remains as low as 0.5 percent S
Slide 6: Used Car
Used Car Used Car Price * The used car market pricing has been declining since the beginning of 2020, forcing ASAP's sales performance to be negative. Due to unusually high demand, average selling prices increased in 4Q21. * In 1Q22, the market was adjusted to its equilibrium state. * With over 1,23
Slide 7: Asap Auto Park, Asap Select (Franchise)
Asap Auto Park Asap Select (Franchise) -
Slide 8: Section 2: Financial Highlights
Section 2
Slide 9: Source of Revenue
Source of Revenue Car Rental (THB 544 mn) Toyota Corts As 2017 Application - asap Go / asap Limousine 1Q22 Total Revenue : 1,121 THB mn Used Car Sales (THB 564 mn) Auction House Whole Sales asap Auto Park (Own Franchise) & asap Select (Franchisee) Other Revenue (THB 13 mn) A Revenue from property re
Slide 10: 1Q22 Income Statement and Balance Sheet Summary
1Q21 1Q22 % YoY % of Income Statement (THB mn) % of sales (THB mn) sales Revenue from sales and services 869 100.0% 1,112 100.0% 27.9% Revenue from car rental 641 73.7% 543 48.9% -15.3% Revenue from used cars 225 25.9% 564 50.7% 150.9% Revenue from property rental 4 0.4% 4 0.4% 22.9% Cost of sales a
Slide 11: Revenue (THB mn)
800 100% 700 Revenue (THB mn) 600 696 75% 662 500 675 681 • 400 641 50% 624 300 597 578 544 • 200 17.0% 16.3% 16.6% 16.7% 25% 15.7% 12.9% 9.9% 100 7.5% 1.2% • 0 0% Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22
Slide 12: Used Car Revenue (THB mn)
800 20% 700 15% Revenue (THB mn) 600 10% Margin (%) 500 400 5% • 690 1.3% 300 0.2% 0% 541 564 200 -3.7% -4.0% -4.6% 300 293 -5% -5.7% 100 214 225 145 102 -10% 0 -10.8% Q1/20 Q2/20-12.6% Q3/20 Q4/20 Q1/21-13.4% Q2/21 Q3/21 Q4/21 Q1/22 • -100 -15% • No. of Cars Sold Revenue
Slide 13: Statement of Financial Position
Statement of Financial Position Dec 31, 21 Mar 31 22 % change Cash & cash equivalents 118 1.2% 104 1.2% 11 .5% Accounts receivables 256 2.7% 233 2.6% -9.0% PPE (Mainly Car) 8,362 88.2% 7,749 87.8% -7.3% Other assets 7a" 7.8% 738 8.4% -0.4% Total assets 9,477 100.0% 8,824 100.0% 6.9% Short & long-ter
Slide 14: Income Statement
Income Statement % of % of % change : unit THB mn) 1Q21 1Q22 - revenue revenue Y 1,112 100 .0% 27.9% Revenue 869 100 .0% Cost of sale and services -791 -91 .0% 1,011 -91 .0% 27.8% Selling Expense -0.7% -0.6% 6.1% — Administrative Expense (Inc. ECL) -25 -2.9% -21 -1.9% “17.7% Other income 1.6% 0.9% -
Slide 15: Section 3: 2022 Goals
Section 3
Slide 16: Casap
Casap (casa) One-stop used car trading platform (online and offline) for car purchasing, car selling and its adjacent services. © Gy || | 6S | as Car Selling Brokerage Lending
Slide 17: Asap Protect
Asap Protect 3SdP PROTECT To become the leading insurance broker with supreme service, networks and expertise. Target to grow by 5X in 2022.
Slide 18: Asap Select Expansion
Asap Select Expansion pub ero Outlet Used Car Coe Daily Rental Lending Used Car Insurance aun i Daily Rental Trade-In Extended Warranty Gres =o a ~
Slide 19: Asap Application
Asap Application Total solutions for every mobility services. Ride Assistance (Pet/Senior/Moving) |e, gs al a Used Car Asap Protect Call Center
Slide 20: Slide 20
Slide 21: Q&A
Q&A
Slide 22: Thank You
Thank You Synergetic Auto Performance Public Company Limited
Synergetic Auto Performance Public Company — Q1 2022 Earnings Presentation on 6ix