Wiseway Group Ltd. · ASX:WWG
Wiseway — Shareholder Meeting (November 2019)
26 slides from Wiseway's shareholder meeting presentation, Nov 21, 2019
Slide 1: Wiseway Group Limited AGM 2019 Presentation
Wiseway Group Limited AGM 2019 Presentation For personal use only Thursday, 21 November 2019 WISEWAY 1
Slide 2: Welcome to the Annual General Meeting
For personal use only Welcome to the Annual General Meeting of Wiseway Group Limited (ASX: WWG) 2
Slide 3: Agenda
Agenda For personal use only 1. Introduction 2. Chairman’s Address 3. Chief Executive Officer’s Address 4. Formal Business 5. Items of Business: i Financial Statements and Reports ii Remuneration Report iii Election of Michael Hughes as a Director iv Termination benefits to Mr Mark Ziirsen 6. Closin
Slide 4: Chairman's Address
For personal use only Chairman’s Address Mr Michael Hughes 4
Slide 5: FY19 Key Milestones
FY19 Key Milestones For personal use only Approved for Regulated Air Cargo Agent designation: Sydney, Melbourne, Brisbane, Perth 1. Adelaide recently approved for RACA designation and bonded warehouse capability COMPETITIVE POSITIONING Business development office opened in Shanghai, China Co
Slide 6: Outlook
Outlook For personal use only Continued strengthening of our global logistics platform Delivering efficiencies in the highly fragmented national logistics industry Expanding our network of offshore partnerships Targeting growth through our strategic partnership with AZ Global 6
Slide 7: Chief Executive Officer's Address
For personal use only Chief Executive Officer’s Address Mr Roger Tong 7
Slide 8: Strong FY19 Performance
Strong FY19 Performance For personal use only Strong revenue growth, up 15% and in line with the Company’s revised guidance Gross margin up 280 basis points: momentum in perishables and imports EBITDA of $2.8 million Revenue ($ million) Gross margin (%) +15% +280 bps FY19 FY19 FY18 $94.5 FY18
Slide 9: Strong Revenue Growth Across All Divisions
Strong Revenue Growth Across All Divisions For personal use only Driven by outbound air freight volumes of approximately 71,000 tonnes Designated as Regulated Air Cargo Agent enables scanning and examination of outbound air cargo improving margins Growth in revenue by division Road Transport +27
Slide 10: Balance Sheet Strength Supports Future Growth Opportunities
Balance Sheet Strength Supports Future Growth Opportunities For personal use only IPO raised $20 million capital 30th June 2019 - total assets of $46.8 million (vs $17.9 million in pcp) 30th June 2019 - total liabilities of $24.3 million (vs $16.1 million in pcp) 30th June 2019 - total equit
Slide 11: Investment Delivers Regional Logistics Capability
Investment Delivers Regional Logistics Capability For personal use only AUSTRALIA Regional presence of warehouses and facilities: Achieved RACA accreditation • 8 warehouses and facilities in all major cities Added bonded warehouse capabilities • 2,500 m2 facility in Auckland Expansion of Chipp
Slide 12: Income Diversification
Income Diversification For personal use only Wiseway Group Limited Domestic Export Import GSA/CSA Regional transport Dry cargo Perishables General cargo & Sea freight Airtruck Airnex New Zealand China (air freight) (air freight) e-commerce Janice Ma Scott Higgins Song Yi Nick Woolf James Wu Joseph W
Slide 13: Geographical Operations Leadership Team
Geographical Operations Leadership Team For personal use only China Paige Qi Darwin Cairns Allen Lim Lily Zhang Brisbane Owen Hu James Wu Auckland Traci Cox Perth Sydney Simon Zhang Allen Santos Adelaide Michael Luan Annie Yang Melbourne Roy Chen Yuan Chen 13
Slide 14: Alignment of Employee and Shareholders Interest
Alignment of Employee and Shareholders Interest For personal use only Implementation of formalised policy and procedures company-wide Formalised performance review processes Role specific KPIs Bonus Incentives – linking personal performance and company performance 14
Slide 15: Current Trading Conditions
Current Trading Conditions For personal use only Challenging macroeconomic conditions driven by geo-political events leading to concerns in global growth outlook Outbound Inbound Dry cargo (air freight) Perishables (air freight) Sea freight E-commerce Overall softness in volumes of infant Sydney
Slide 16: Wiseway's Business Strategy
Wiseway’s Business Strategy For personal use only Maintaining core growth Accelerate new growth divisions Next two years – diversify income stream The main focus now is on profitability and cost control 16
Slide 17: Strong Competitive Positioning; For The Next Stage Of Growth
This document is private, confidential and not for distribution. The contents and use of contents by the recipient of this document is subject to the disclaimer on page 2. Strong Competitive Positioning; For The Next Stage Of Growth For personal use only Wiseway is strategically positioned as an Asi
Slide 18: Formal Business
For personal use only Formal Business 18
Slide 19: Shareholder Voting Cards
This document is private, confidential and not for distribution. The contents and use of contents by the recipient of this document is subject to the disclaimer on page 2. Shareholder Voting Cards For personal use only Shareholder Voting Non-Voting Visitor Card Card Shareholder Card Entitled to vote
Slide 20: Proxy Votes
This document is private, confidential and not for distribution. The contents and use of contents by the recipient of this document is subject to the disclaimer on page 2. Proxy Votes For personal use only To be valid, proxies must have been received by Link Market Services at least 48 hours prior
Slide 21: Items of Business
For personal use only Items of Business 21
Slide 22: Item 1: Financial Statements and Reports
Item 1: FINANCIAL STATEMENTS AND REPORTS For personal use only To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report for the year ended 30 June 2019. 22
Slide 23: Item 2: Remuneration Report
Item 2: REMUNERATION REPORT For personal use only To consider and, if thought fit, to pass the following resolution as a non-binding resolution: “To adopt the Remuneration Report, as set out in the Director’s Report for the Company and its controlled entities for the financial year ended 30 June 201
Slide 24: Item 3: Election of Michael Hughes
Item 3: ELECTION OF MICHAEL HUGHES For personal use only To consider and if thought fit to pass the following motion as an ordinary resolution: “That Michael Hughes, who retires in accordance with clause 20.6 of the Company’s Constitution, be elected a Director of the Company.” 24
Slide 25: Item 4: Termination Benefits of Mark Ziirsen
Item 4: TERMINATION BENEFITS OF MARK ZIIRSEN For personal use only To consider and if thought fit to pass the following motion as an ordinary resolution: “That, for the purposes of section 200E of the Corporations Act 2001 (Cth) and for all other purposes, the shareholders of the Company approve any
Slide 26: Wiseway Group Limited AGM 2019 Presentation
Wiseway Group Limited AGM 2019 Presentation For personal use only Thursday, 21 November 2019 WISEWAY 26