Slide 1: Aztech Global Ltd. 3Q 2023 Business Performance Update
Aztech Global Ltd. 3Q 2023 Business Performance Update Presentation 16 October 2023
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertain
Slide 3: 3Q 2023 Results
3Q 2023 Results 1. Financial Performance Review 2. Business & Order Book Update 3. Outlook © 2022 2023 Aztech Global Ltd.
Slide 4: Financial Performance Review
Financial Performance Review Design to Build Resilient & Sustainable Manufacturability © 2023 Aztech Global Ltd.
Slide 5: 9M 2023 Key Financial Highlights
9M 2023 Key Financial Highlights Continued revenue and earnings growth and healthy balance sheet 9M 2023 As at 30 September 2023 EPS Net Cash NAV/Share 9.56 Cents $215.4 M 41 Cents 9M 2022: 31 December 31 December 8.25 Cents 2022: $217.8 M 2022: 37 Cents Up 15.9% (1) 9M 2023 and 9M 2022 basic & dilu
Slide 6: 9M 2023 Revenue by Segments
9M 2023 Revenue by Segments IoT Devices & Data-Communications Products – Key Revenue Contributor IoT and Data-Com Products Segment Revenue Revenue by Countries ($ Million) (%) (%) 9M2021 9M 2022 9M 2023 © 2023 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 7: 9M 2023 Results Y-o-Y Comparison
9M 2023 Results Y-o-Y Comparison $ Million 9M 2023 9M 2022 % Change Better 9M 2023 performance was mainly due to revenue growth, greater economies of scale, Revenue 672.0 607.0 10.7 higher interest income and lower net fair value EBITDA 101.9 84.0 21.3 loss on foreign exchange contracts. Profit Befo
Slide 8: 3Q 2023 Results Y-o-Y Comparison
3Q 2023 Results Y-o-Y Comparison $ Million 3Q 2023 3Q 2022 % Change Higher revenue, greater economies of scale, interest income and net fair value gain on foreign Revenue 283.4 242.4 16.9 exchange contracts led to higher net profit for EBITDA 46.2 29.0 59.3 3Q 2023 of S$30.9m, despite higher income
Slide 9: 3Q 2023 Results Q-o-Q Comparison
3Q 2023 Results Q-o-Q Comparison $ Million 3Q 2023 2Q 2023 % Change Revenue growth, greater economies of scale, higher interest income and net fair value gain on Revenue 283.4 227.0 24.8 foreign exchange contracts led to higher profit EBITDA 46.2 38.1 21.3 before tax. Profit Before Tax 43.7 35.5 23.
Slide 10: Balance Sheet Summary as at 30 September 2023
Balance Sheet Summary as at 30 September 2023 Healthy Balance Sheet with Net Cash of $215.4 M ($ Million) 30 September 2023 31 December 2022 Higher bank borrowing of $18.6 million as at 30 September 2023 due mainly to term loan taken to Cash & Bank Balances 195.9 196.0 partly fund the acquisition of
Slide 11: Business & Order Book Update
Business & Order Book Update Design to Build Resilient & Sustainable Manufacturability © 2023 Aztech Global Ltd.
Slide 12: Business Update: Manufacturing Facilities Update
Business Update Manufacturing Facilities Update ▪ The 300,000 sq ft Pasir Gudang facility commenced production in 3Q 2023 and are currently equipped with 8 SMT production lines, 2 Wave Soldering lines, 18 product assembly & testing lines & 4 packaging lines. ▪ The Group’s total production requiremen
Slide 13: 3Q 2023 Order Book Update
3Q 2023 Order Book Update Order Book Update ▪ The order lead time has normalised from 9-12 months during pandemic to 2-3 months post pandemic. ▪ Order book secured as at 16 October 2023 was $322.7 million. The majority of the order book secured is scheduled for completion in FY2023. ▪ Orders secured
Slide 14: New Vision Technology Product Update
New Vision Technology Product Update Vision Technology Product Launch ▪ Launched two products in August 2023 under proprietary “Kyla” brand - Power-Over-Ethernet Internet Protocol (IP) CCTV; and - Digital Microscope ▪ The Group targets - the local Pre-School Educational segment with its (IP) CCTV; a
Slide 15: Outlook
Outlook Design to Build Resilient & Sustainable Manufacturability © 2023 Aztech Global Ltd.
Slide 16: Operating Environment to Remain Challenging
Operating Environment to Remain Challenging Risks & Challenges relating to: Supply chain and managing customers’ forecasts Inflationary cost pressures High interest rate environment Foreign currency fluctuations Macroeconomic uncertainties Geopolitical tensions © 2023 Aztech Global Ltd.
Slide 17: Outlook
Outlook The Group is cautiously optimistic of its business, and will continue to take various mitigation measures to manage identified risks & challenges: Mitigation measures - Disciplined balance sheet & cost management - Leverage the Group’s versatile operational framework to manage and balance cu
Slide 18: Thank You
Thank You 16 October 2023 Aztech