Atlas Pearls Ltd · ASX:ATP
Atlas Pearls — Shareholder Meeting (November 2023)
10 slides from Atlas Pearls's shareholder meeting presentation, Nov 9, 2023
Slide 1: Annual General Meeting 9 November 2023
For personal use only Annual General Meeting 9 November 2023
Slide 2: Important information
Important information For personal use only PRESENTATION BY ATLAS PEARLS This presentation has been issued by Atlas Pearls Limited (“the Company”) and is based on information obtained by the Company. This presentation should be considered as preliminary only and does not purport to contain all the i
Slide 3: Overview
Overview For personal use only FY 2023 was a strong year for the company. Harvested pearls exceeded 540,0001 and, together with a lower cost of goods sold in this FY, and strong pricing seen at market, resulted in excellent profitability for the company with a special dividend paid in October.
Slide 4: To be the global leader in the production of the world's finest South Sea pearls
To be the global leader in the production of the world’s finest South Sea pearls. For personal use only To produce the world’s best South Sea pearls in a way that is sustainable, respectful, and caring of our environment, people, communities, and shareholders. Respect & Passion & Care & Communicatio
Slide 5: Financial Highlights
FY 2023 1 FY 2022 2 $9.1m* PROFIT AFTER INCOME TAX $4.6m* PROFIT AFTER INCOME TAX $27.2m REVENUE $21.5m REVENUE For personal use only $8.4m NET CASHFLOW FROM OPERATIONS $5m NET CASHFLOW FROM OPERATIONS $9.8m $4.3m Financial NORMALISED EBITDA NORMALISED EBITDA 583,119 567,648 Highlights NUMBER OF PEA
Slide 6: Financial achievements
Financial achievements 1 For personal use only • 100% debt repaid • Closing cash balance of $7.8m • Special dividend paid
Slide 7: Sales Initiatives
Sales Initiatives For personal use only • Multi-channel and integrated sales networks • Maximising the value of each pearl • Rigorous sales review and analysis • Flexible approach moving with the market
Slide 8: Operational Initiatives
Operational Initiatives For personal use only • Genetics audit • Breeding matrix • Conditioning system • Data capture • ESG, Sustainability, and CSR • New operations vessel and trial operating model • Site expansion
Slide 9: Our focus
Our focus For personal use only Our focus remains on the production and distribution of the highest quality, ethically produced, and luxurious pearls in the world; a testament to our commitment to both uncompromising luxury and responsible practices that safeguard our environment, and the communitie
Slide 10: Thank You
For personal use only Thank You Atlas Pearls would like to thank the company’s loyal and dedicated shareholders, employees, customers and stakeholders for their continued support and commitment during the year. We remain focused on the production and distribution of the highest quality, safely and s