Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — NeraTel — H1 2021 Earnings Presentation
16 slides from Singapore Exchange's earnings presentation, Aug 13, 2021
Slide 1: 1H 2021 Results Presentation
1H 2021 RESULTS PRESENTATION 13 AUGUST 2021
Slide 2: Financial Highlights
a € \ FINANCIAL HIGHLIGHTS
Slide 3: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS $’m 1H 2021 1H 2020 Change (%) Revenue 43.31 66.44 (34.8) Gross Profit 9.20 14.22 (35.3) Gross Profit Margin (%) 21.2 21.4 (0.2) pt Total Operating Expenses 11.27 12.07 (6.6) Net Loss/Profit After Tax (2.17) 3.43 nm Net Profit Margin (%) - 5.2 nm Basic and Fully Diluted EPS
Slide 4: Key Financial Highlights – Revenue
KEY FINANCIAL HIGHLIGHTS – REVENUE Enterprise Revenue Revenue Breakdown (By Nature) (S$’m) 1H 2020 1H 2021 25.3% 11.3% $7.5m 21.7% $9.4m 25.5% 9.4 $16.9m 63.2% 16.7% 7.5 61.6% $42.0m $7.2m $26.7m 1H 2020 1H 2021 Service Provider GTU Enterprise • Customer diversification continues to yield results •
Slide 5: Key Financial Highlights – Order Intake
KEY FINANCIAL HIGHLIGHTS – ORDER INTAKE Total Order Intake By Customer Segment Order Intake by Enterprise segment ($’m) 1H 2020 1H 2021 47.5% 15.5% $12.3m 27.4% $18.2m 56.7% 54.0% 18.2 27.8% $35.9m $22.1m $45.0m 18.6% 12.3 $12.4m Service Provider GTU Enterprise 1H 2020 1H 2021 • To leverage on oppor
Slide 6: Key Financial Highlights – Order Intake
KEY FINANCIAL HIGHLIGHTS – ORDER INTAKE Services Provider GTU Order Intake (By Nature) ($’m) ($’m) ($’m) 18.9% $16.6m Up 11.8 x 19.5 19.5 11.5 16.4 $32.4.m $24.9m 11.5 $87.2m 9.7 8.5 16.4 0.9 0.9 1Q 2021 2Q 2021 1Q 2021 2Q 2021 1Q2021 2Q2021 Service Provider GTU Enterprise • NeraTel’s SP and GTU seg
Slide 7: Key Financial Highlights – Order Intake
KEY FINANCIAL HIGHLIGHTS – ORDER INTAKE Total Order Intake YoY (1H 2021 vs 1H 2020) Total Order Intake QoQ (2Q 2021 vs 1Q 2021) ($’m) ($’m) 16.3% 46.3% 79.4 66.5 39.5 27.0 1H 2020 1H 2021 1Q 2021 2Q 2021 • NeraTel secured approximately $66.5 million in order intake in 1H 2021, which marked a 16.3% d
Slide 8: Key Financial Position
KEY FINANCIAL POSITION $’m 30 June 2021 31 December 2020 Current Assets 131.65 149.66 Current Liabilities 78.00 91.98 Net Current Assets 53.65 57.68 Total Assets 143.71 162.35 Total Liabilities 81.84 96.09 Total Borrowings 28.00 28.50 Cash and Bank Balances 21.34 23.12 Net (Debt)/Cash (6.66) (5.38)
Slide 9: Outlook & Strategies
lta _ Fe | OUTLOOK & STRATEGIES »
Slide 10: Macro Outlook
MACRO OUTLOOK Uneven recovery amid slow vaccine rollout globally and more contagious variants GLOBAL OUTLOOK SINGAPORE OUTLOOK • According to the International Monetary Fund (“IMF”), the • In Singapore, GDP is forecasted to grow between “6.0 to 7.0 per global economy is projected to grow 6.0 per cen
Slide 11: Macro Outlook
MACRO OUTLOOK Continued lockdowns in regions where the Group has operations in • Indonesia, Malaysia, Morocco, Pakistan, • The Group’s operations outside of Singapore, especially Philippines, Thailand, and Australia have all in Emerging Asia, are expected to continue to experienced lockdowns of vary
Slide 12: Semiconductor Shortage
SEMICONDUCTOR SHORTAGE The Group is affected by the global semiconductor shortage • The global semiconductor shortage, which resulted from a confluence of factors including the COVID-19 pandemic and US- China Trade War, had an impact on the Group’s order intake • The Group’s supply chain has also be
Slide 13: Key Long-Term Industry Driver – 5G
KEY LONG-TERM INDUSTRY DRIVER – 5G >US$ 80.06B 71.0 CAGR % 5G Infrastructure Market (Globally) (2027F) (2020 – 2027F) Near-term impact of COVID-19 on 5G deployment, especially in Emerging Asia • GSMA, the industry organisation for mobile network operators, has observed that COVID-19 has curtailed co
Slide 14: Steering Through the COVID Crisis
STEERING THROUGH THE COVID 19 CRISIS - BUILD RESILIENCE AND ENHANCE COMPETENCIES • Contain Costs – NeraTel’s group-wide efficiency and cost reduction initiatives have borne fruit, with lowered staff related costs. The Group has also taken steps to maintain adequate cash reserves through extracting c
Slide 15: In Conclusion – Our Key Differentiators
IN CONCLUSION - OUR KEY DIFFERENTIATORS Over Four Decades of Established Track Record; Trusted Name with Long-standing Experience Customers Global Footprint Operates in 12 countries Highly-certified Engineers and Project Management Professionals, one of the Best-in-breed Largest Pools in the Region
Slide 16: Thank You
1H 2021 RESULTS PRESENTATION THANK YOU