Playmates Toys Limited · HKEX:869
Playmates Toys — FY2024 Earnings Presentation
17 slides from Playmates Toys's earnings presentation, Mar 14, 2025
Slide 1: Playmates Toys Limited 2024 Full Year Results Briefing
Playmates Toys Limited 2024 Full Year Results Briefing 14 March 2025
Slide 2: Forward-Looking Statements
Forward‐Looking Statements This presentation and subsequent discussion may contain forward‐looking statements with respect to the financial condition, results of operation and business of Playmates Toys Limited. Such forward‐looking statements represent expectations or beliefs concerning future even
Slide 3: Content
Content About Playmates Toys Our Mission Our Latest Performance Operating Environment Our 2024 Results Reflected Financial Performance Looking Forward 3
Slide 4: About Playmates Toys
About Playmates Toys Founded: 1966 First Group listing: 1984 HKSE#0869 – Playmates Toys Limited We create, design, market & distribute branded promotional toys worldwide More information – www.playmatestoys.com 4
Slide 5: Our Mission
Our Mission We strive to create superior shareholder value by selectively investing in proprietary and licensed brands and delivering quality, safe, and innovative toys to the consumers while managing costs prudently to maximize operational leverage. 5
Slide 6: 2024 Operating Environment
2024 Operating Environment 2024 was a mixed year with a number of positive and negative crosscurrents Overall toy sales in the U.S., our largest market, were flat compared to 2023, while major Western European markets and Australia all recorded single‐digit percentage declines Cumulative inflation i
Slide 7: Our 2024 Results Reflected
Our 2024 Results Reflected Lower turnover compared to 2024 driven by: Lower shipment volume of our Teenage Mutant Ninja Turtles toy line compared to prior year, which included the positive impact of the Teenage Mutant Ninja Turtles: Mutant Mayhem movie release, partially offset by the successful rel
Slide 8: Financial Performance: Income Statement Highlights
Financial Performance Income Statement Highlights HK$ Million 2023 2024 +/-% Revenue 1,109.4 931.3 -16% Gross Profit 636.7 500.5 -21% Marketing and licensing (203.2) (191.5) -6% Selling & Distribution (99.3) (83.3) -16% Administration (124.4) (131.4) 6% Operating profit 209.9 94.3 -55% Profit before
Slide 9: Margin Analysis
Margin Analysis 100% Cost of Sales Marketing & licensing 90% 42.6% 46.3% Selling & Distribution 80% Administration 70% Income Tax Net Profit 60% 18.3% 20.6% 50% 9.0% 40% 8.9% 11.2% 30% 14.1% 3.3% 5.0% 20% 10% Net profit 20.2% Net profit 14.1% 0% 2023 2024 Revenue: HK$1,109.4M HK$931.3M 9
Slide 10: Revenue Breakdown by Regions
Revenue Breakdown by Regions 2023 2024 1.2% 1.5% 0.1% 0.1% 2.3% 2.9% 20.3% 20.4% 5.8% 6.2% 70.2% 69.0% HK$1,109.4M HK$931.3M U.S.A. Other Americas Europe Australasia Asia Others 10
Slide 11: Financial Performance: Balance Sheet Highlights
Financial Performance Balance Sheet Highlights HK$ Million 31/12/2023 31/12/2024 Inventories 58.9 27.7 Trade Receivables 328.8 136.7 Investments 68.6 87.5 Cash & Bank Balances 1,002.8 1,043.3 Net Current Assets 1,107.7 1,161.0 Net Assets 1,163.9 1,201.1 Net Asset per Share (HK$) 0.99 1.02 Gearing Ra
Slide 12: Looking Forward
Looking Forward 12
Slide 13: Looking Forward
Looking Forward 2025 will be a transition year for us, without any major entertainment events to support our Teenage Mutant Ninja Turtles or Godzilla x Kong product lines. Comparison against 2024 will be challenging especially as we lap the Godzilla x Kong: The New Empire movie release in March 2024
Slide 14: Teenage Mutant Ninja Turtles movie sequel and series
SUT ; TRIE a anil Le 2 - - == - 4S y Vy ae \ r. “Wy h | LZ n Movies are developing a \ y \ \\ y J =. Paramount Pictures and Nickelodeo u sequel to Teenage Mutant Ninja Turtles: Mutant Mayhem, slated Y tay L to release in October 2026, along with a two-season series that will serve as a “bridge” betw
Slide 15: Godzilla x Kong: The New Empire
In March 2024, Legendary Entertainment released Godzilla x Kong: The New Empire, which delivered the strongest global box office results yet for the MonsterVerse franchise and drove robust toy sales As the global master toy licensee, we continue to develop extensions to our product line to inclu
Slide 16: Global license agreement with Hasbro for Power Rangers
We have recently entered into a global license agreement with Hasbro, a leading toy and game company, to produce and distribute Power Rangers toys We are developing an extensive kid-targeted Mighty Morphin Power Rangers: Re-Ignition toy line, including action figures, collectibles, combinable Zo
Slide 17: Thank You!
Playmates Toys Limited Thank You!