Asbisc Enterprises Plc · GPW:ASB

Asbisc Enterprises — Q2 2025 Earnings Presentation

22 slides from Asbisc Enterprises's earnings presentation, Aug 7, 2025

  1. Slide 1: Q2 and H1 2025 Presentation

    Q2 and H1 2025 Presentation NEW RECORDS NEW OPPORTUNITIES SAME STRONG ASBIS! 7 August 2025

  2. Slide 2: Disclaimer

    2 Disclaimer • This presentation (the “Presentation”) was prepared by ASBISc Enterprises Plc (the “Company”) with a due care. Still, it may contain certain inconsistencies or omissions. The Presentation does not contain a complete or thorough financial analysis of the Company and does not present it

  3. Slide 3: Agenda

    Agenda 01. 02. 03. 04. KEY FINANCIAL DIVIDEND BACK-UP CORPORATE RESULTS PAYMENT EVENTS

  4. Slide 4: Key corporate events

    4 Key corporate events ASBIS to take New Bang & Breezy accelerates over Samsung Olufsen Flagship its growth across Brand Stores Store in Milan Africa ASBIS signed a Letter Of ASBIS opened a new Breezy signed a Intent (LOI) under which flagship Bang & Olufsen cooperation agreement procedures have sta

  5. Slide 5: Bang & Olufsen Flagship Store in Milan

    Bang & Olufsen Flagship Store in Milan The store showcases the full range of Bang & Olufsen’s luxury audio and video solutions, reflecting its century-long commitment to timeless design and craftsmanship. Dedicated demonstration areas, designed to replicate the guests’ living space, offer clients an

  6. Slide 6: Agenda

    Agenda 01. 02. 03. 04. KEY FINANCIAL DIVIDEND BACK-UP CORPORATE RESULTS PAYMENT EVENTS

  7. Slide 7: Superb Q2 and H1 2025

    7 Superb Q2 and H1 2025 Record high top- line both in Q2 US$ m Q2’25 Q2’24 YoY US$ m H1‘25 H1‘24 YoY and H1 2025 Revenue 949.3 645.9 47% Revenue 1,685.7 1,359.1 24% Gross profit 63.6 51.5 23% Gross profit 115.1 110.6 4% Gross profit exploded despite Gross profit margin 6.69% 7.97% - 1.28 ppt Gross p

  8. Slide 8: Key countries' revenues (US$ m)

    8 KEY COUNTRIES’ REVENUES (US$ m) Powerful rebound in Kazakhstan • United Arab Emirates remained no. 1 country. Q2 2025 VS Q2 2024 • Kazakhstan - the second largest market,with a 140 131 124 powerful rebound due to implementation of large 120 AI server projects and improved market 100 93 91 environm

  9. Slide 9: Q2 2025 strong presence everywhere

    9 REVENUES BY REGIONS (USD m) Q2 2025 strong presence everywhere • Strong rebound in the CIS region – as a result of the implementation of significant projects (mainly in Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Kazakhstan). CIS CEE MEA WE Other • Robust growth in CEE

  10. Slide 10: Q2 2025 servers and server blocks – gain significant momentum

    10 REVENUES BY PRODUCT LINES (US$ m) Q2 2025 servers and server blocks – gain significant momentum • Rebound in smartphone business, supported by improved market Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 conditions. Smartphones Servers and server blocks CPUs HDDs Laptop

  11. Slide 11: SG&A costs

    11 SG&A costs NUMBER OF EMPLOYEES SG&A COSTS 2 787 2 822 2 803 2 779 2 719 2 707 4,4% 2 673 5,6% 45,0 6,0% 2 522 2 627 4,9% 4,4% 5,0% 40,0 4,9% 4,8% 35,0 4,2% 4,2% 5,0% 30,0 34,6 36,1 36,2 35,2 4,0% 38,8 40,0 39,7 25,0 33,9 3,0% 32,8 20,0 15,0 2,0% 10,0 1,0% 5,0 0,0 0,0% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q

  12. Slide 12: Cash engaged in working capital

    12 NET WORKING CAPITAL (US$ m) NWC: 30% of sales NWC: 35% of sales Cash engaged in 494 441 443 working capital 271 Q2'25 Q2'24 -241 -436 Inventories Trade receivables Trade payables • High revenue growth resulted in the need to involve more cash into working capital. US$ m H1 2025 H1 2024 • Strong i

  13. Slide 13: Indebtedness at safe level

    13 Indebtedness at safe level US$ m H1‘25 H1‘24 YoY Short term borrowings (excl. leases and factoring) 187.8 137.6 36% Long term borrowings (excl. leases) 11.9 13.7 -14% Other long-term liabilities 1.0 1.0 0% Strong increase in The Company's Cash and cash equivalents 93.1 58.9 58% cash position in a

  14. Slide 14: Agenda

    Agenda 01. 02. 03. 04. KEY FINANCIAL DIVIDEND BACK-UP CORPORATE RESULTS PAYMENT EVENTS

  15. Slide 15: Almost a decade of consecutive hefty dividend payment

    15 Almost a decade of consecutive hefty dividend payment DIVIDENDS PER SHARE (USD) 27,8 27,8 25 The Company 16,7 aims to continue 16,7 the payment of hefty dividends. 5,6 7,5 11,1 11,1 11,1 11,1 5,6 3,3 2,8 3,3 from 2017 NI from 2018 NI from 2019 NI from 2020 NI from 2021 NI from 2022 NI from 2023 N

  16. Slide 16: Q&A

    Q&A

  17. Slide 17: Agenda

    Agenda 01. 02. 03. 04. KEY FINANCIAL DIVIDEND BACK-UP CORPORATE RESULTS PAYMENT EVENTS

  18. Slide 18: Premium Retail Business

    18 Premium Retail Business 33 33 iSpace stores in 7 countries 7 Ukraine 10 Kazakhstan Moldova 2 1 6 Georgia 7 7 Bang & Olufsen stores in 4 countries 1 Italy Armenia 3 4 Azerbaijan 1 Uzbekistan 3 Cyprus iSpace is a network of premium retail stores and Apple’s official partner with Apple Premium Partn

  19. Slide 19: ASBIS own brands

    19 ASBIS own brands AENO is a brand of Canyon is a Lorgar is a brand of Prestigio Solutions smart home appliances dynamically growing gaming devices aimed specializes on offering top-level brand of stylish mobile to bring the gaming innovative quality, customer accessories, computer experience to a

  20. Slide 20: Sustainable solutions for electronics

    20 Sustainable solutions for electronics Breezy in • Breezy launched: numbers • new Trade-In category: game consoles • brick-and-mortar retail in 9 220+ Georgia (Tbilisi) • in-store (Digital Planet stores, Countries Employees an Apple Authorized Reseller) and online (Nedbank Avo of physical presence

  21. Slide 21: Shareholder structure

    21 Shareholder structure Affiliation to indexes: KS Holdings Ltd* Zbigniew Juroszek ** Free-float Number of shares % of share capital & votes & votes KS Holdings Ltd * 20,448,127 36.84% Zbigniew Juroszek** 3,028,640 5.46% Free-float 32,023,233 57.70% TOTAL 55,500,000 100.00% As of : 2025-08-07 *Siar

  22. Slide 22: Thank you

    Thank you CONTACT FOR INVESTORS: Constantinos Tziamalis Bartosz Basa Deputy CEO IR Manager +357 25857188 +48 691 910 760 costas@asbis.com b.basa@asbis.com CONTACT FOR MEDIA: Iwona Mojsiuszko Managing Director of 8Sense PR +48 502 344 992 iwona.mojsiuszko@8sensepr.pl

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