Cordlife Group Limited · SGX:P8A
Cordlife — H1 2021 Earnings Presentation
20 slides from Cordlife's earnings presentation, 2021
Slide 1: 1H2021 Results Presentation
1H2021 Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation does not constitute, or form any part of any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in Cordlife Group Limited (“Cordlife”) in Singapore or any other jurisdiction nor shall it or any part of it form the basi
Slide 3: Content
Content 1 Overview 2 Financial Highlights 3 Outlook & Growth Strategies 3
Slide 4: Overview
Overview 4
Slide 5: Business Overview – Operating Segments
Business Overview – Operating Segments BANKING CORD LINING MESENCHYMAL DIAGNOSTICS CORD BLOOD CORD LINING STEM CELLS DIGITAL HEALTHCARE OTHERS CORD LINING CORD TISSUE CORD TISSUE EPITHELIAL MESENCHYMAL STEM CELLS STEM CELLS
Slide 6: Business Overview – Operating Segments
Business Overview – Operating Segments PREIMPLANTATION NON-INVASIVE NEWBORN BANKING ENDOMETRIAL GENETIC PRENATAL METABOLIC DIAGNOSTICS RECEPTIVITY SCREENING TESTING SCREENING DIGITAL HEALTHCARE TEST MOMS UP OTHERS NEWBORN GENETIC LIFE SPROUTS GENETIC PAEDIATRIC PAEDIATRIC TALENT TEST SCREENING VISIO
Slide 7: Business Overview – Market Presence
Business Overview – Market Presence BANKING DIAGNOSTICS DIGITAL HEALTHCARE OTHERS Our Network Cordlife owns the largest network of cord blood banks in Asia with full stem cell banking facilities in six key markets namely Singapore, Hong Kong, Indonesia, India, Malaysia and the Philippines. In Singap
Slide 8: Financial Highlights
Financial Highlights cordlife .
Slide 9: 1H2021 Results Summary
1H2021 Results Summary REVENUE GROSS PROFIT GP MARGIN S$23.2 million S$14.7 million 63.2% (11.7)% y-o-y (11.0)% y-o-y +0.5 pp y-o-y NET PROFIT NET PROFIT MARGIN NET CASH1 S$2.5 million 10.8% S$73.4 million (5.2)% y-o-y (0.8)pp y-o-y (S$1.8) million from 31 Dec 20 1: Includes cash and cash equivalent
Slide 10: Analysis of 1H2020
Analysis of 1H2020 Revenue The Group’s revenue declined 11.7% year-on-year (“yoy”) to S$23.2 million due to a 17.0% yoy decrease in new samples processed and stored in 1H2021 arising from the outbreak of COVID-19. However, the decline was partially offset by the conversion of more clients to higher
Slide 11: Financials – Revenue
Financials – Revenue S$ mil % 80 70 61.4 61.6 60 51.5 50.6 50 40 30 26.2 23.2 20 10 0 FY2017 12M2018 FY2019 FY2020 1H2020 1H2021 11
Slide 12: Financials – Quarter-on-quarter Revenue
Financials – Quarter-on-quarter Revenue S$ mil 20 18 15.6 16.0 16 15.5 14.4 14.5 14 12.7 11.8 11.7 11.9 12 11.3 10 8 6 4 2 0 1Q2019 2Q2019 3Q2019 4Q2019 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 12
Slide 13: Financials – Gross Profit
Financials – Gross Profit S$ mil 90 80 70 64.5 % 62.5 % 62.7 % 62.7 % 63.2 % 58.9 % 60 50 38.3 39.7 40 31.7 30.3 30 20 16.5 14.6 10 0 FY2017 12M2018 FY2019 FY2020 1H2020 1H2021 Gross Profit Gross Profit Margin 13
Slide 14: Financials – Operating profit after tax
Financials – Operating profit after tax S$ mil 10 12.9 % 10.8 % 15.0 9 9.4 % 10.0% 8 1.0 % 2.0 % 0.0 7 6.6 6 5.8 -15.0 5 4 -30.0 3 2.6 2.5 2 -45.0 1.2 1 0.5 0 -60.0 FY2017 12M2018 FY2019 FY2020 1H2020 1H2021 Net Profit Net Profit Margin 14
Slide 15: Financials – Balance Sheet
Financials – Balance Sheet S$’ mil As at 30 Jun 2021 As at 31 Dec 2020 Net Assets 132.9 133.2 Borrowings - 4 Gearing1 (%) - 3 Cash & Cash Equivalents, Fixed 73.4 75.2 Deposits and Short-term Investments Net Asset Value Per Share (SG cents) 52.04 52.33 1: Total Borrowings/Total Equity 15
Slide 16: Financials – Cash Flow
Financials – Cash Flow S$’ mil As at 30 Jun 2021 As at 31 Jun 2020 Net cash generated from operating activities 4.4 6.7 Net cash (used in)/generated from investing (4.6) 1.6 activities Net cash used in financing activities (6.3) (0.2) Cash & cash equivalents at end of the 19.9 23.2 financial period
Slide 17: Outlook & Growth Strategies
Outlook & Growth Strategies 17
Slide 18: Outlook
Outlook Impact of COVID-19 Business Outlook – The Group managed to achieve stability in revenue over the past quarters by adapting quickly and pivoting with the evolving landscape. – The COVID-19 situation has generally resulted in the tapering of new customer sign-ups for banking services, and this
Slide 19: Growth Strategies
Growth Strategies Merger & Acquisitions
Slide 20: Thank you
Thank you 20