Betterware De Mexico, S.a.p.i. De C.v. · NYSE:BWMX

Betterware De Mexico, S.a.p.i. De C.v — Betterware de México — FY2023 Earnings Presentation

7 slides from Betterware De Mexico, S.a.p.i. De C.v's earnings presentation, February 2024

  1. Slide 1: 4Q2023 and FY2023 Results

    4Q2023 and FY2023 Results February 2024 Be Better 2025

  2. Slide 2: 2023 Highlights

    2023 Highlights: • Betterware de México: We returned to growth in 4Q23 after impressive performance during the COVID pandemic. We have implemented Transformational Acquisition strategies enabling the business to increase volumes sold in line with expected market growth in the foreseeable future. Lev

  3. Slide 3: Consolidated Financial Performance 4Q 2023

    Consolidated Financial Performance 4Q 2023 4Q 2023 Net Revenue ('000) Gross Margin EBITDA ('000) EBITDA Margin $3,402 70.4% 70.0% $3,232 $819 24.1% $599 18.5% 4Q2022 4Q2023 4Q2022 4Q2023 4Q2022 4Q2023 4Q2022 4Q2023 Key Highlights: Net Revenue EBITDA Jafra US, • Net revenue, EBITDA, Free Cash Flow, N

  4. Slide 4: Consolidated Financial Performance FY 2023

    Consolidated Financial Performance FY 2023 FY 2023 Net Revenue ('000) Gross Margin EBITDA ('000) EBITDA Margin $13,010 71.5% $2,721 $11,508 68.9% 20.9% $2,316 20.1% 2022 2023 2022 2023 2022 2023 2022 2023 Key Highlights: • Revenue Growth Resumes. 5.2% YoY net revenue growth in 4Q23, Net Revenue EBIT

  5. Slide 5: Balance Sheet and Free Cash Flow

    Balance Sheet and Free Cash Flow Balance Sheet Inventories ('000) • Balance Sheet remains strong after the Jafra acquisition Net Debt to EBITDA $2,123 • Inventories decreased 4.3% YoY, reflecting cost strategies, $2,031 2.5x a positive FX rate impact, as well as successful negotiations 1.8x with sup

  6. Slide 6: 2024 Guidance and Capital Allocation

    2024 Guidance and Capital Allocation Guidance Confident in current trends and positive in our commercial strategies, we are cautiously optimistic about our short-term prospects and expect the following for our consolidated business: 2024 2023 D% Net Revenue $ 13,800 – 14,400 $ 13,010 6.1% - 10.7% EB

  7. Slide 7: Betterware

    ———~ Betterware:

Betterware de México — FY2023 Earnings Presentation on 6ix