Slide 1: Shaker Investor Presentation Q2 2024 & H1 2024
Shaker Investor Presentation Q2 2024 & H1 2024
Slide 2: Today's Presenters
Today’s Presenters Mohammed Abunayyan Mazen ElGhafeer Firas Al Sayegh Chief Executive Officer Vice President– Finance Vice President – Strategy & Shared Services Page 2
Slide 3: Disclaimer
Disclaimer This presentation has been prepared solely for use as an investor presentation for Shaker (the “Company”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purposes only and d
Slide 4: Agenda
Agenda 1. Strategic Highlights 2. Financial Performance 3. Strategic priorities for 2024 4. Q&A Session Page 4
Slide 5: Q2 2024 Strategic Highlights
Q2 2024 Strategic Highlights
Slide 6: Q2 2024 Highlights
Q2 2024 Highlights Achieved record performance through focused strategic milestones Revenue Gross Profit Strongest Q2 revenue and net profit since 2017 SAR 345.14mn SAR 83.19mn +12.3% +12.1% YoY2 YoY2 E-commerce growth, reaching 22% of retail sales in H1 2024 EBITDA Net Profit1 Transition to SAP’s S
Slide 7: Financial Performance
FINANCIAL PERFORMANCE
Slide 8: Key Highlights: Q2 2024
Key Highlights: Q2 2024 Revenue by Segment SAR (Millions) Gross Profit +12.07% Gross Profit Margin -0.05pp +12.28% Q2 2024 83.19 Q2 2024 24.10% Q2 2023 74.23 Q2 2023 24.15% EBITDA -14.40% EBITDA Margin -2.81pp Q2 2024 31.07 Q2 2024 9.00% Q2 2023 36.30 Q2 2023 11.81% Net Income* +3.54% Net Income* Ma
Slide 9: Key Highlights: H1 2024
Key Highlights: H1 2024 Revenue by Segment SAR (Millions) Gross Profit +12.16% Gross Profit Margin -0.81pp +15.96% H1 2024 180.96 H1 2024 23.86% H1 2023 161.34 H1 2023 24.67% EBITDA -6.40% EBITDA Margin -2.36pp H1 2024 74.65 H1 2024 9.84% H1 2023 79.75 H1 2023 12.20% Net Income* +9.05% Net Income* M
Slide 10: Healthy Balance Sheet
Healthy Balance Sheet Key Return Ratios (YoY) ROA* +0.49pp ROE* -0.05pp 2 2 1.6 H1 2024 2.96% H1 2024 6.36% 1.6 1.2 1.2 H1 2023 2.47% H1 2023 6.41% 0.8 0.8 0.4 0.4 Current Ratio +8.90% Total Borrowings/Equity** -28.40% 0.025 0.03 0.0640.064 0.009 0.01 0.0230.022 0 0 Return on Assets Return on Equity
Slide 11: Leverage Levels: Q2 2024
Leverage Levels: Q2 2024 Short-term Borrowings Total Liabilities/Total Assets Total Liabilities/Equity1 -12.92% -27.76% -21.30 600 % H1 2024 H1 2024 0.53x 1.15x Short Term H1 2023 0.61x H1 2023 1.59x 400 (LCs) 229.5 62 485.05 200 381.75 Interest Coverage Ratio2 Net Debt/Equity1,3 Short Term 319.8 +2
Slide 12: Cash Flow Bridge
Cash Flow Bridge Highlights • Net Cash position was 59.1 mn compared to 2023 year-end of 18.8 mn mainly driven by higher cash flow from operating activities • Cash Flow from operating activities mainly driven by Includes higher profitability. Zakat, • Cash Flow from financing Finance Activity is mai
Slide 13: Strategic Priorities for 2024
Strategic Priorities for 2024 Expanding Optimize Enhance Disciplined Market Inventory Operational capital Footprint Levels Efficiency allocation • Expand HVAC • Streamlining • Driving performance • Deleveraging of solutions (B2B & inventory for improvements from balance sheet B2C) efficiency SAP S/4
Slide 14: Q&A Session
Q&A Session
Slide 15: Contact
CONTACT MR. MAZEN ELGHAFEER VICE PRESIDENT FINANCE M.GHAFEER@SHAKER.COM.SA +966-11-2638900