AllHome Corp. · PSE:HOME
AllHome — 9M 2023 Earnings Presentation
14 slides from AllHome's earnings presentation, November 2023
Slide 1: 9M 2023 Results Briefing
9M 2023 Results Briefing November 2023
Slide 2: 9M 2023 Highlights
9M 2023 Highlights SALES OPERATING INCOME NET INCOME 8.8 Billion 1.1 Billion 582 Million +0.2% -1.0% +46.0% Gross Profit Value Remained Flat Core Operating Income Growth Substantial Net Profit peso value due to 140bp increase vs comparable operating income Improvement in GP margins in 9M2022
Slide 3: Financial Highlights
Financial Highlights Revenue Gross profit and margin 36.7% 37.4% 36.1% 37.5% 9,106 8,780 3,292 = 3,291 2,840 2,741 1,042 1,025 3Q2022 3Q2023 9M2022 9M2023 3Q2022 3Q2023 9M2022 9M2023 EBITDA and margin Core Net Income and margin Margin 25.1% 32.2% 26.1% 25.1% 6.2% 5.1% 4.4% 6.6% 2,375 2,203 582 399 7
Slide 4: Financial Position
Financial Position IN PHP MILLIONS September 31, 2023 December 31, 2022 Current Assets 12,831 12,016 Noncurrent Assets 14,080 14,718 Total Assets 26,912 26,734 Current Liabilities 4,130 4,672 Noncurrent Liabilities 6,917 6,780 Total Liabilities 11,047 11,452 Capital Stock 3,750 3,750 Additional Paid
Slide 5: Working Capital
Working Capital Inventory turnover Trade receivables turnover Trade payables turnover Days Days Days 332 315 9 9 51 47 248 262 42 42 5 5 2020 2021 2022 9M2023 2020 2021 2022 9M2023 2020 2021 2022 9M2023 - Slightly higher due to lower - Trade receivables days - Holiday buys sales in 9M2023 maintained
Slide 6: Operational Highlights
Operational Highlights Same Store Sales Growth No. of transactions (‘000s) Average transaction size (PHP) 41.7% 3,891 3,600 3,890 3,807 3,841 3,791 3,442 3,343 3,157 3,193 2,291 2,267 8.1% 3.5% 2019 2020 2021 2022 9M2022 9M2023 -4.0% -13.0% -11.4% 2019 2020 2021 2022 9M2022 9M2023 2019 2020 2021 202
Slide 7: Category Highlights
Category Highlights Our balanced category mix softened the impact of weak demand on hard categories Soft Categories Hard Categories 72% 72% 74% 42% 62% 64% 38% 36% 58% 28% 28% 26% 2019 2020 2021 2022 9M2022 9M2023 2019 2020 2021 2022 9M2022 9M2023 Above average performance Below average performance
Slide 8: Operational Initiatives
Operational Initiatives Flexible Payment Scheme Implement Range Reinforce Management Rationalization on Team Inventory
Slide 9: Metro Manila remains the center of growth for residential turnovers in 2024-25
Metro Manila remains the center of growth for residential turnovers in 2024-25* +9,600 +13.8% units growth 2024 projected completions Growth within Metro Manila by end of 2025 • Highest turnover since • Alabang and Bay Area pre-pandemic 2019 are expected to grow residential units by 38% and 28%, res
Slide 10: Inflation to ease in 2024; consumption outlook is positive
Inflation to ease in 2024; consumption outlook is positive Household spending slowing down so far… … But economic indicators looking up HOUSEHOLD CONSUMPTION INFLATION RATE 12.0 8 5.8 5.6 6 10.0 3.9 3.4 3.3 10.0 4 8.5 2 8.0 8.0 0 7.0 2021 2022 2023 2024 2025 6.4 Source: Bangko Sentral ng Pilipinas 6
Slide 11: Strengthening the Brand
Strengthening the Brand The Philippine Inquirer Golden Arrows Award TOP 100 Business Taxpayers of and Statista Top performing publicly-listed Santiago City Isabela The Philippines’ Best Customer company in the Philippines AllHome Santiago: 34th Place Service 2023
Slide 12: Celebrating Long-term Partnerships with our Key Suppliers
Celebrating Long-term Partnerships with our Key Suppliers
Slide 13: Q&A
Q&A AllHome Website For Corporate www.allhome.com.ph Disclosures
Slide 14: Thank You!
Thank You!