Slide 1: RTX Q3 & 9M – Investor Presentation
RTX Q3 & 9M – Investor Presentation Q3 & 9M – 2023/24 Click here to view the live event of the presentation 29 August 2024
Slide 2: Disclaimer on Forward Looking Statements
Disclaimer on Forward Looking Statements This presentation contains statements regarding expectations for the future development of RTX A/S, including future revenue and operating profit (EBITDA), reflect Management’s current outlook and carry some uncertainty. These statements can be affected by a
Slide 3: Agenda
Agenda 1. RTX Key Highlights and Business Update 2. Financial Highlights for Q3 & 9M 2023/24 3. Q&A
Slide 4: Business Update Highlights – Q3 2023/24
Business Update Highlights – Q3 2023/24 • Revenue growth from Q1 to Q3: Q3 2023/24 reached DKK 142 million. Q3 2023/24 shows an increase in new orders, compared to previous quarters, although the outlook remains short-term, and the levels are still below expectation. • Improving gross margin: Q3 rea
Slide 5: Business Update Highlights – Q3 & 9M 2023/24 Revenue
Business Update Highlights – Q3 & 9M 2023/24 Enterprise Revenue Revenue Q3: 103 DKKm Q3: 142 DKKm 9M: 228 240 800 -40% 9M: 349 DKKm 220 9M YoY change 200 180 600 ProAudio 160 Revenue (2022/23) 140 Q3: 170 DKKm Q3: 27 120 225 400 100 208 9M: 558 DKKm 9M: 91 -27% 80 180 170 142 9M YoY change 60 82 125
Slide 6: Business Update Highlights – Gross Margin and EBITDA
Business Update Highlights – Q3 & 9M 2023/24 Gross Margin EBITDA EBITDA DKKm Q3: 47.7 % Q3: 9 DKKm 60 120 9M: 44.9 % 9M: -20 DKKm 100 40 80 Gross Margin (2022/23) EBITDA (2022/23) 20 42 43 60 Q3: 48.2 % Q3: 14 DKKm 8 1 14 9 40 0 9M: 46.2 % 9M: 64 DKKm 20 -31 0 -20 -20 The development in gross margin
Slide 7: Agenda
Agenda 1. RTX Key Highlights and Business Update 2. Financial Highlights for Q3 & 9M 2023/24 3. Q&A
Slide 8: Financial Update Highlights – Q3 & 9M 2023/24
Financial Update Highlights – Q3 & 9M 2023/24 Change in Inventory Change in net liquidity position Share Buy Back Program Q3: 9 DKKm Q3: 13 DKKm Q3: 5.5 DKKm 9M: 11 DKKm 9M: 37 DKKm 9M: 17.5 DKKm Inventory end of Q3 reached DKK 91 million Positive development in the quarter on net Share Buy Back pro
Slide 9: RTX Group PnL – Q3 & 9M 2023/24
RTX Group PnL – Q3 & 9M 2023/24 Revenue We see a revenue increase quarter on quarter during FY 2023/24. Revenue for 9M 2023/24 months, is 37% lower than same period last year. Capacity costs Capacity costs consists of mainly staff costs and other external expenses. The capacity costs for 9M 2023/24
Slide 10: Group Balance Sheet – Q3 & 9M 2023/24
Group Balance Sheet – Q3 & 9M 2023/24 DKK million 30 Jun 2024 30 Jun 2023 30 Sep 2023 Assets Inventory Intangible assets 78.1 58.5 55.9 Inventory decreased, and the supply chain is normalizing, where our production partners source the Tangible assets 79.6 91.3 86.3 components for production. Further
Slide 11: Group Cash Flow – Q3 & 9M 2023/24
Group Cash Flow – Q3 & 9M 2023/24 DKK million Q3 23/24 Q3 22/23 9M YTD 9M YTD 23/24 22/23 CFFO Cash flow from operations (CFFO) 26.8 6.7 3.8 43.4 CFFO is positively impacted by reduction in working capital and positive EBITDA. Cash flow from investments (CFFI) -6.0 -8.3 -18.0 -23.4 Cash flow from fi
Slide 12: Q&A Session
O8&A Session
Slide 13: Thank you for your attention
Thank you for your attention For further information, please contact CEO Peter Røpke or CFO Mille Tram Lux at +45 9632 2300 2023/24 Q3 - RTX - Investor Presentation 13
Slide 14: Our purpose is to help people perform at their best.
Our purpose is to help people perform at their best. We provide our customers with the best possible wireless communications solutions, allowing their customers to seamlessly connect and communicate. 2023/24 Q3 - RTX - Investor Presentation 14
Slide 15: RTX and our market position
RTX and our market position Multiple horizontal layers RTX - A solutions provider o RTX operates mainly in the spectrum of development as an ODM/OEM. Brand Branded company o Providing a range of services; including product customization, technology integration, and end- to- end solutions encompassin
Slide 16: How we work
How we work 3 Development and integration 5 Manufacturing and logistics 2 Design and specifications 4 Testing and verification 6 Post-sales processes 1 Concepts and planning 2023/24 Q3 - RTX - Investor Presentation 16
Slide 17: RTX – Revenue Model
RTX – Revenue Model Effort and revenue Revenue Engineering effort ODM/OEM revenue Start-up for replacement NRE revenue product Years Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Development phase Ramp phase Main phase End Replacement of life product 2023/24 Q3 - RTX - Investor Presentatio
Slide 18: Customers and Partnerships
Customers and Partnerships Global B2B customers RTX’s wireless solutions enable our B2B customers to market reliable, secure, and scalable systems with seamless integration to meet their specific communication and monitoring needs and respond to market demands. 2023/24 Q3 - RTX - Investor Presentati