Harris Technology Group Limited · ASX:HT8
Harris Technology — Shareholder Meeting (November 2017)
8 slides from Harris Technology's shareholder meeting presentation, Nov 21, 2017
Slide 1: CEO Presentation 2017 AGM
For personal use only CEO Presentation 2017 AGM
Slide 2: Important Notice
IMPORTANT NOTICE For personal use only This disclaimer applies to this presentation and the information contained in it (the “Presentation”). By proceeding to read any part of the following Presentation you agree to be bound by this disclaimer. Important notice and disclaimer: This presentation cont
Slide 3: Highlights - 2016/17
• Acquisition of Anyware & Harris Technology • Rationalisation & optimisation – Reviewed freight, Implemented WMS, For personal use only Jul16 Reduced rental expense • Acquisition of Audion Innovision (A consumer electronics focused distributor with major customers being mass retailers) Nov16 • Offi
Slide 4: Performance Overview 2016/17
Total Revenue of $51.08m, up 287% from $17.8m in FY16* For personal use only Net loss after tax of $3.06 m, down 47% from loss of $6.51m in FY16*; underlying Net profit of $270K, up by $5.75m from FY16* EBTDA of $781K, increase of $5.71m from FY16* Cash of $2.22m, up 528% from $0.42m in FY16* Net ca
Slide 5: Key figures 2014-2017
$’000,000 FY17 FY16** FY16 FY15 FY14 For personal use only Revenue 51.1 54.1 17.8 18.5 1.7 Gross Profit 9.1 8.8 1.2 3.2 0.2 EBITDA 0.8 0.9 (5.7) (2.2) (1.5) Net CF 0.1 1.4 (1.9) (1.2) 2.9 Current Ratio 1.13 1.32 0.47 1.16 3.82 Cash balance 2.2 2.3 0.4 2.3 3.5 **Comparatives represent FY16 results fr
Slide 6: Strategy
During FY16/17, The Group The Group is in a final stage M2C M2C partnered with a in our negotiation with a For personal use only Shenzhen/China company to Hong Kong conglomerate to do proof of concept test, so start a partnership in the far, we are pleased to share M2C business operation in with you
Slide 7: Strategy
For personal use only • Closely working with all key vendors to ensure that we can grow our sales with the imminent launch of Amazon in Australia Amazon • “Amazon is going to help our business because it provides a very strong platform from which we can sell all of our products either via our resell
Slide 8: Outlook
For personal use only Forecasted FY18 results: Improving stock • EBITDA: turnover and $250K cash flows Cutting overheads The Year Ahead – FY18 Outlook
Harris Technology Group — Shareholder Meeting (November 2017) on 6ix