Primech Holdings Ltd. · NASDAQ:PMEC
Primech — Investor Presentation (February 2025)
26 slides from Primech's investor presentation, Feb 18, 2025
Slide 1: Company Profile | January 2025
COMPANY PROFILE | JANUARY 2025
Slide 2: Disclaimer
The information in this presentation is provided to you by Primech Holdings (the “Company”) and contains forward - looking statements . This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase securities of the Company . No such offer
Slide 3: Company Highlights
Company Highlights We’re achieving sustainable growth in our traditional business while expanding our future potential using AI & robotics Established facilities mgmt. & cleaning services provider in Singapore & Malaysia, continuously developing new technologies o We are indigenously developing AI -
Slide 4: Business Overview
Business Overview Our vision is to be the clear choice in facility performance solutions across all industries OUR MISSION To support businesses in doing what they do best o Obtained L6 grade registrations: (the highest possible license with unlimited tender) o Awarded the Clean Mark Gold Award, the
Slide 5: Business Overview: Three Primary Segments
Business Overview Our business is made up of three primary segments FACILITIES SERVICES General cleaning and maintenance of public and private facilities 77% of FY 2024 revenue ABOUT US SERVICES TECHNOLOGY OPERATIONS GROWTH PLANS SUSTAINABILITY SUMMARY APPENDIX 5 STEWARDING/ CUSTOMER SERVICES Cleani
Slide 6: Facilities Service Segment
Facilities Service Segment CONSERVANCY (TOWN COUNCILS) Public housing PRIVATE RESIDENTIAL Condominiums, apartments, etc. EDUCATIONAL INSTITUTIONS Schools, universities, etc. COMMERCIAL & TENANCY Buildings, offices, etc. HOTELS Public areas, rooms & kitchens AIRPORTS Terminals, food courts, and other
Slide 7: Stewarding / Customer Service Segment
7 ABOUT US SERVICES TECHNOLOGY OPERATIONS GROWTH PLANS SUSTAINABILITY SUMMARY APPENDIX Stewarding / Customer Service Segment HEALTHCARE FACILITY ASSISTANCE o Assisting visitors of the hospital with any enquiries and providing support in respect of registering patients and carrying out authorized cle
Slide 8: Our Sustainable Green-Label Cleaning Chemicals
Our Sustainable Green - Label Cleaning Chemicals o We manufacture a variety of cleaning supplies such as hand soaps, hand soap dispensers, and cleaning fluids used for general, floor, carpet, restroom or kitchen purposes o We sell cleaning supplies primarily marketed under “D’Bond” brand o We supply
Slide 9: Primech AI
Primech AI We’re charting the evolution & future of cleanliness through the R&D of AI - powered & automated cleaning robots OUR INNOVATIVE LINE OF AI - POWERED & AUTOMATED ROBOTS POSITIONS US TO BE A LEADER IN STATE - OF - THE - ART CLEANING TECHNOLOGY ECOBOT SCRUB 50 & 75 Class Leading Speed & Cove
Slide 10: Other Tech Solutions
Other Tech Solutions IoT SENSORS o Our IoT sensors detect human traffic flow, quality of air, and toiletries supply data to alert our cleaners for on - demand cleaning CleanMight CMS o Our flagship Cleaning Management Software (CMS) which provides an integrated suite of digital solutions out - of -
Slide 11: HomeHelpy
HOMEHELPY App - based cleaning services for both offices & homes COMMERCIAL PLATFORM SUMMARY ABOUT US SERVICES TECHNOLOGY OPERATIONS GROWTH PLANS SUSTAINABILITY APPENDIX 11 o Our flagship app for convenient service booking o Variety of home cleaning, office cleaning, and specialized cleaning service
Slide 12: Who We Serve
Who We Serve Our valued customer base includes world - renowned institutions, landmark hotels & major airports NOTABLE CLIENTS WE TAKE PRIDE IN OUR CUSTOMERS o We are currently under contract to provide various services to >70 clients o We typically enter into service contracts for a term of two to
Slide 13: Business Operations
Business Operations SUMMARY ABOUT US SERVICES TECHNOLOGY OPERATIONS GROWTH PLANS SUSTAINABILITY APPENDIX 13 Tender Submission & Quote Invitation Process o Bid through platforms such as GeBIZ & SESAMi o Also receive requests for quotation in respect of private sector projects Review of Performance o
Slide 14: The Broader Market
The Broader Market Trends in the macroeconomic environment show favorable tailwinds for our industry $1,837 $2,166 $2,588 $2,809 $2,903 $2,875 $2,845 $2,894 0 500 1,000 1,500 2,000 2,500 3,000 3,500 2014 2015 2016 2017 2018 2019 2020 2021 $S (millions) Operating Receipts of the Cleaning and Landscap
Slide 15: Backed by Government Support
Backed by Government Support ADOPTION OF AUTOMATED TECH TO ENHANCE PRODUCTIVITY o The National Environmental Agency (“NEA”) rolled out the INCUBATE ( IN novating and CU rating B etter A utomation and T echnologies for E nvironmental Services ) Programme in December 2017 to identify and tackle challe
Slide 16: Facilities Management Expansion Plan
Facilities Management Expansion Plan Waste Management & Pest Control x We intend to continue building on our comprehensive suite of facilities services to enable us to maintain our competitive edge Landscaping Sector x To meet the Singapore government’s demand to supply more parks and other spaces i
Slide 17: Sustainability
Sustainability Primech Holdings is dedicated to sustainability, implementing eco - friendly practices to minimize environmental impact, promoting a brighter, greener & cleaner future for all ELECTRIC VEHICLES o We've converted all our vans from diesel to electric, reducing our carbon emissions by 14
Slide 18: Our Long-Term Green Plan
Our Long - Term Green Plan We’re constantly striving to enhance our commitment to sustainability alongside our partners WE’RE DEDICATED TO LONG - TERM ECO - SOLUTIONS o We believe integrating eco - solutions into our portfolio will not only expand our service capabilities, but also will transition o
Slide 19: Corporate Social Responsibility
Corporate Social Responsibility Primech Holdings is committed to making a difference by actively volunteering, engaging in social work initiatives, and giving back to society, embodying a spirit of community service and positive social impact CHARITY: HEARTWARE NETWORK We donated 18,000 Diversey han
Slide 20: Compelling Financial Profile
Compelling Financial Profile REVENUE NET INCOME REVENUE MIX (FY 2024) EBITDA (based on normalized profit) $55 $69 $73 $80 $70 $60 $50 $40 $30 $20 $10 $ - FY'22 FY'23 FY'24 Millions 8% 14% 1% 77% Cleaning Services (Office Tenants) Stewarding Services Revenues from Malaysia & Product Sales Facilities
Slide 21: Key Takeaways
Key Takeaways Established facilities mgmt. & cleaning services provider with consistent revenues and growing EBITDA backed by positive geopolitical and macroeconomic factors The industry grew from S$1.8B in 2014 to S$3.4B in 2022, representing an 8.1% CAGR* Robust corporate strategy focused on expan
Slide 22: Appendix
APPENDIX
Slide 23: Key Transactions & Milestones
Key Transactions & Milestones 2019 • Acquired My All Services to expand into Malaysia • Launched the “HomeHelpy” application 2018 • Acquired Primech Services & Engrg, A&P Maintenance as well as Acteef Cleaning 2021 • Acquired CSG and Princeston International • Awarded a tender as part of a consortiu
Slide 24: Management Team
Management Team o Former Chairman of the board of directors and chief executive officer of Jimu Group (HKEx: 8187) o Former independent director of Lapco Holdings Limited (HKEx: 8472) APPENDIX ABOUT US SERVICES TECHNOLOGY OPERATIONS GROWTH PLANS SUSTAINABILITY SUMMARY 24 KIN WAI HO CEO & Director HA
Slide 25: Independent Directors
Independent Directors WILLIAM MIRECKI JASON CHAN WILLIAM YUEN o Chairman of the audit committee of Weidai Ltd (NYSE: WEI) with over 30 years of experience in accounting o Current chief financial officer and company secretary of Neo Telemedia Ltd (HKEx: 8167) o Head of IT at the College of Profession
Slide 26: Website and Company Contact
WEBSITE primechholdings. com COMPANY CONTACT (65 ) 6286 1868 ir@primech.com . sg Matt Abenante, Strategic Investor Relations, LLC 347.947.2093 matthew@strategic - ir.com
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