Alliance Global Group Inc. · PSE:AGI
Alliance Global — Q1 2013 Earnings Presentation
20 slides from Alliance Global's earnings presentation, 2013
Slide 1: Alliance Global Group, Inc. 1Q 2013 Results
Alliance Global Group, Inc. 1Q 2013 Results 1
Slide 2: Financial highlights
Financial highlights Revenue Net income CAGR: 29.9% Total AGI Net income CAGR: 35.3% Net to AGI CAGR: 37.3% 20,488 25% increase 18% increase 14,744 9,497 6,808 6,106 4,914 4,151 Revenue breakdown Net income to AGI Breakdown 1Q 2013 2012 Source: Company information, in million pesos * 2011 Excludes P
Slide 3: Solid balance sheet
Solid balance sheet Debt profile Capitalization ratio Source: Company information in million pesos 3
Slide 4: Compelling revenue and net income growth
Compelling revenue and net income growth Revenue EBITDA Net income Total AGI Net income CAGR: 35.3% CAGR: 29.9% CAGR: 24.8% Net to AGI CAGR: 37.3% 20,488 14,744 9,497 6,808 4,914 6,106 Source: Company information, in million pesos 4
Slide 5: 1Q 2013 Results
1Q 2013 Results
Slide 6: Revenue Breakdown
Revenue Breakdown 1Q 2013 FY 2012 Real Estate Rental Income Rental Income 17% Real Estate 73% 70% 16% Hotel Operations Hotel Operations 2% 2% Interest & Other Interest & Other 8% 12% (in Php thousands) 1Q 2013 % Change 1Q 2012 Real Estate Revenues 5,978,249 14% 5,232,400 Rental Income 1,394,446 47%
Slide 7: Revenues
Revenues (in thousands) 1Q 2013 % Change 1Q 2012 Real Estate Sales 4,791,034 15% 4,172,181 Interest Income on Real Estate Sales 355,200 10% 322,281 Realized GP 832,015 13% 737,938 Real Estate Revenues 5,978,249 14% 5,232,400 Rental Income 1,394,446 47% 949,555 Hotel Operations 112,382 -1% 113,232 Eq
Slide 8: Income Statement
Income Statement (in Php thousands) 1Q 2013 1Q 2012 % Change Real Estate Sales 4,791,034 4,172,181 15% Interest Income on Real Estate Sales 355,200 322,281 10% Total Real Estate Sales 5,146,234 4,494,462 15% Cost of Real Estate Sales 2,944,503 2,617,510 12% Gross Profit on Real Estate Sales 2,201,73
Slide 9: Margin Calculation
Margin Calculation (in Php thousands) 1Q 2013 1Q 2012 % Change Real Estate Sales 4,791,034 4,172,181 15% Interest Income on Real Estate Sales 215,842 305,615 -29% Total Real Estate Sales 5,006,876 4,477,796 12% Cost of Real Estate Sales 2,944,503 2,617,510 12% Gross Profit on Real Estate Sales 2,062
Slide 10: Solid Balance Sheet
Solid Balance Sheet Net Cash Position (in Php millions) 35,000 30,234 30,000 26,827 26,656 25,000 22,032 20,876 20,707 20,055 19,661 20,000 16,908 15,856 15,000 12,325 9,952 10,000 5,000 0 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 1Q 2013 Debt Cash 10
Slide 11: Real Estate Sales MEGA Projects Driving Growth
Real Estate Sales (in PHP) 1Q 2013 % of Sales 1Q 2012 % of Sales Eastwood City 289,478,454 6% 324,246,588 8% Forbestown Center 213,389,471 4% 560,984,851 13% McKinley Hill 646,701,649 13% 851,864,896 20% McKinley West - 0% - 0% Newport City 884,676,996 18% 985,653,986 24% Manhattan 35,749,473 1% 185
Slide 12: Strong growth rental income portfolio
Strong growth rental income portfolio Increasing rental income (PHPm) Office • 432,000 sqm of leasable office space at CAGR: +31% year‐end 2012 • 99% occupancy rate • 74,000 sqm additional office developments planned in 2013 – Science Hub 3 to 4 in McKinley Hill – 8 Campus Place Tower A , B, C – Ven
Slide 13: Emperador Distillers, Inc.
EMPERADOR DISTILLERS, INC.
Slide 14: Robust financial performance
Robust financial performance Growing Revenues Gross profit and margin 17% increase 33% increase EBITDA and margin Net income and margin 40% increase 40% increase Source: Company information in million pesos 14
Slide 15: Alliance Global Travellers International
ALLIANCE GLOBAL TRAVELLERS INTERNATIONAL 15
Slide 16: RWM Quarterly Performance
RWM Quarterly Performance ALLIANCE GLOBAL Actual Net Income (in P'M) ’ of 0 Q1'2011 | Q2'2011 | Q3'2011 | Q4'2011 | Q1'2012 | Q2'2012 | Q3'2012 | 04'2012 | Q1'2013 mActual NetIncome) 991 1,348 | 1901 | 600 854 992 1,683 | 3,205 | 995
Slide 17: RWM Quarterly Performance
RWM Quarterly Performance EBITDA growth Q1 2011 vs. Q2 2011 vs. Q3 2011 vs. Q4 2011 vs. Q1 2012 vs. Q2 2012 vs. Q3 2012 vs. Q4 2012 vs. Q1 2013 vs. rate on same Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 period prior year 109% 108% 101% 91% ‐6% ‐6% 2% 30% 36% Note: EBITD
Slide 18: RWM Quarterly Performance
RWM Quarterly Performance Q1 2011 vs. Q2 2011 vs. Q3 2011 vs. Q4 2011 vs. Q1 2012 vs. Q2 2012 vs. Q3 2012 vs. Q4 2012 vs. Q1 2013 vs. Daily visits growth rate on same period Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 prior year 154% 122% 65% 54% 8% 12% 8% ‐8% 12%
Slide 19: Golden Arches Development Corporation
Philip pines GOLDEN ARCHES DEVELOPMENT CORPORATION
Slide 20: Strong rebounding profit and margins
Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 13.6% CAGR: 17.5% 17% increase Margins 21% increase EBITDA and margin Net income and margin CAGR: 16.4% CAGR: 46.3% Margins Margins 54% increase 32% increase Source: Company information; in million pesos 20
Alliance Global Group — Q1 2013 Earnings Presentation on 6ix