Slide 1: Half Year FY25 Results Presentation
Half Year FY25 Results Presentation February 2025 ASX:AMO 25 February 2025
Slide 2: A leading value-added distributor of high-technology audio visual, broadcast and communications solutions
A leading value-added distributor of high-technology audio visual, broadcast and communications solutions INTEGRATED SOLUTIONS PROFESSIONAL RETAIL Media Systems Home Entertainment Commercial Installations Supply, installation and support of Exclusive brand representation in areas A range of exclusiv
Slide 3: H1 FY25 Executive Summary
H1 FY25 Executive Summary $45.4m $1.1m $(0.3)m $(0.3)c Financials Revenue EBITDA NPAT EPS 11% 69% 119% $2.0c (H1 FY24: $50.9m) (H1 FY24: $3.6m) (H1 FY24: $1.6m) (H1 FY24: $1.7c) • Integrated Solutions and Retail segments performing well, with revenue up 6% and 32% respectively Operations – Integrate
Slide 4: Financials
FINANCIALS AmbertechL|MITED SOURCE SUPPLY SUPPORT
Slide 5: H1 FY25 Financial snapshot
H1 FY25 Financial snapshot (A$m) H1 FY24 H1 FY25 % change Commentary Revenue 50.9 45.4 (11%) •1 Revenue of $45.4m, down 11% on pcp driven by softer Cost of Goods 33.9 30.3 1 (11%) Professional division trading conditions including delays to several large projects Gross Profit 17.0 15.1 (11%) – Integ
Slide 6: H1 FY25 Revenue by Segment
H1 FY25 Revenue by Segment Revenue by segment ($m) Commentary • Integrated Solutions & Retail segments performing well, with revenue up 6% and 32% respectively – Strong retail sales due to performance of AV accessories and low-cost personal projectors 24.5 23.1 • Professional segment down due to sof
Slide 7: EBITDA Impacted
EBITDA Impacted EBITDA Bridge ($m) 0.7 3.6 -1.8 -0.9 -0.1 1.1 -0.1 -0.3 1H FY24 Other income Gross Profit Employment Distribution Marketing Restructure 1H FY25 Increase Decrease Total Commentary • Other Income relates to gains on forward exchange contracts. • Gross profit decrease a direct result of
Slide 8: H1 FY25 Financial snapshot
H1 FY25 Financial snapshot (A$m) FY24 H1 FY25 Commentary Current Assets 41.8 1 46.1 •1 Increase in inventory of $3.4M due to expansion of Current Liabilities 22.9 2 27.6 brands and timing of orders. Expect to normalize in H2 FY25. Working Capital 18.9 18.5 Adjusted Working Capital (excluding cash) 1
Slide 9: Business Update
= = = hs ~ COMMERCIAL BUSINESS UPDATE TECHNOLOGY
Slide 10: Business Overview
Business Overview H1 FY25 Addressable Active Segment Dealers Brands Key Customers Revenue Market* Concept AV, Citadel Technology Solutions, Diversified, SKS Technologies, The Ci Integrated Solutions $24.5M $500M 1200+ 50 Group, Fredon, Pro Av Solutions, Programmed, AV Australia, Immersive Technologi
Slide 11: Operational highlights
Operational highlights Business Results Customer Focus Export Market Aligned Markets M&A Activities • Resizing of workforce • Support, educate and • Established European • Pipeline growing in • Target combinations complete in this half train the dealer logistics capability building automation that g
Slide 12: Strategy & Outlook
STRATEGY & AmbertechL|MITED OUTLOOK SOURCE SUPPLY SUPPORT
Slide 13: FY25 outlook
FY25 outlook Refining business growth strategy • Material improvement in financial performance expected in H2 FY25 • Uplift in trading in January and February providing confidence in future trading conditions • Momentum on deferred projects restored with additional opportunities being uncovered. • R
Slide 14: Appendices
APPENDICES AmbertechL|MITED SOURCE SUPPLY SUPPORT
Slide 15: Capital Structure
Capital Structure Capital Structure Substantial Shareholders % Share price (24 February 2025) $0.165 Appwam Pty Limited 30.7% 52-week range $0.13/$0.335 Wavelink Systems 7.8% Shares on Issue 95.4M Amos Super Fund 5.6% Options on Issue 4.0M Greig & Harrison 5.5% Market capitalisation $15.7M Sub-total
Slide 16: Important Notice and Disclaimer
Important Notice and Disclaimer The material contained in this presentation has This presentation may contain forward looking To the extent permitted by law, no responsibility been prepared by Ambertech Limited (“AMO”) statements with respect to the operations and for any loss arising in any way (in