Vita Life Sciences Limited · ASX:VLS
Vita Life Sciences — Shareholder Meeting (2020)
23 slides from Vita Life Sciences's shareholder meeting presentation, 2020
Slide 1: 2020 Annual General Meeting
WELCOME 2020 ANNUAL GENERAL MEETING herbsofgold WTAScIENCE Vital ife’ | V|VitaHeatth
Slide 2: Agenda
AGENDA 1. Chairman’s Welcome Address 2. Managing Director’s Review 3. Ordinary Resolutions 4. Question & Answer 2
Slide 3: Agenda
AGENDA 1. Chairman’s Welcome Address 2. Managing Director’s Review 3. Ordinary Resolutions 4. Question & Answer 3
Slide 4: Australian & Asia Pacific based pharmaceutical and healthcare over-the-counter business
Australian & Asia Pacific based pharmaceutical and healthcare over the-counter business involved in the formulating, packaging, sales and distribution of vitamins and supplements 3 major consumer retail brands 700 registered SKUs of vitamins and supplements sold in 7 countries in Australia & Asia Pa
Slide 5: Full Year 2019 Results
FULL YEAR 2019 RESULTS Group sales of $42.4 million for the financial year (FY) ended Dec 2019, an increase of 3% over the previous corresponding period (PCP) of $41.1 million The Group recorded an EBIT of $4.4m, compared to the PCP of $6.2 million (before a non- cash fair value loss adjustment on l
Slide 6: Key Financial Charts
KEY FINANCIAL CHARTS Sales EBIT* EPS ($’m) (cps) ($’m) 45 7 7 40 6 6 35 5 5 30 4 25 4 20 3 3 5.73 15 2 4.44 2 10 1 5 1 0 0 0 2019 2018 2019 2018 2019 2018 * Underlying FY 2018 EBIT before fair value loss on building revaluation of $1.8m 6
Slide 7: Full Year 2019 Results
FULL YEAR 2019 RESULTS 2019 revenue by geography 2018 revenue by geography Other Asia Other Asia 10% 7% Australia Australia Singapore 39% Singapore 40% 14% 17% Asia Asia 61% 60% Malaysia Malaysia 37% 36% Total revenue: $42.4m Total revenue: $41.1m 7
Slide 8: Segment Results Australia
Sales ($’m) SEGMENT RESULTS AUSTRALIA 16.0 12.0 H2 H2 Sales: $16.7m (2018: $16.4m) Revenue base business grew despite a highly competitive Australian 8.0 market conditions 4.0 H1 H1 New ranging in over 300 new pharmacy stores while increasing new exports trading channels - 2019 2018 New distri
Slide 9: Segment Results Malaysia
Sales ($’m) SEGMENT RESULTS MALAYSIA 16 12 H2 H2 Sales: $15.5m (2018: $14.9m) 8 Revenue base increased by 3.9% due to rejuvenated consumer pull through trade activities 4 H1 H1 Increased distribution of the VitaHealth brand through modern trade pharmacies 0 2019 2018 Herbs of Gold brand perfor
Slide 10: Segment Results Singapore
Sales ($’m) SEGMENT RESULTS SINGAPORE 6 H2 H2 Sales $5.9m (2018: $6.9m) 4 Revenue decreased from traditional channels 2 Low consumer sentiment and lower economic activities is weakening the H1 H1 performance 0 Shift towards e-commerce trading by consumers is diluting our 2019 2018 traditional
Slide 11: Segment Results Others
SEGMENT RESULTS OTHERS Sales ($’m) Sales $4.3m (2018: $2.9m) 6 Revenue in other markets growth of 49% (PCP) Stronger sales were recorded for Vietnam with marginal improvement in Thailand compared to the PCP 4 Vietnam continues to perform to expectation and is expected to grow H2 faster with co
Slide 12: Strategic Priorities & Outlook
STRATEGIC PRIORITIES & OUTLOOK The Board has set a clear strategy which continues to be implemented by management. Some key initiatives in FY 2020 include: • Continued expansion of Herbs of Gold across domestic and export markets • Increased penetration of e-commerce platforms across South East Asia
Slide 13: Strategic Priorities & Outlook - Continued
STRATEGIC PRIORITIES & OUTLOOK-CONTINUED The impact of Covid-19 continues to be an evolving situation, which has the potential to disrupt traditional selling channels. That said, the Group has seen a lift in demand for immunity protection products during this period. This demand has provided a solid
Slide 14: Agenda
AGENDA 1. Chairman’s Welcome Address 2. Managing Director’s Review 3. Ordinary Resolutions 4. Question & Answer 14
Slide 15: Ordinary Resolutions
ORDINARY RESOLUTIONS 1. Remuneration Report 2. Re-election of Director - Mr Shane Teoh 3. Re-election of Director-Mr Henry Townsing 4. Share buy back 15
Slide 16: Proxy
PROXY PROXY’S RESOLUTIONS IN FAVOUR AGAINST ABSTAIN TOTALS DISCRETION 1) Adoption of the Remuneration Report 18,053,978 100,700 1,050,319 19,097,600 38,302,597 2) Re-election of Director 28,128,713 92,700 1,637,491 8,443,693 38,302,597 (Mr Shane Teoh) 3) Re-election of Director 34,455,223 92,700 1,0
Slide 17: Agenda
AGENDA 1. Chairman’s Welcome Address 2. Managing Director’s Review 3. Ordinary Resolutions 4. Question & Answer 17
Slide 18: Thank You
THANK YOU Contact: Telephone: +61 2 9545 2633 Website: vitalifesciences.com.au Email: enquiries@vitalifesciences.com.au Head Office: 1/102 Bath Road, Kirrawee, NSW 2232 18
Slide 19: Appendix
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Slide 20: Appendix - Profit & Loss
APPENDIX 1 – PROFIT & LOSS Full year ended Dec 2019 2018 $’m $’m Revenue 42.4 41.1 EBITDA 5.0 4.8 EBIT 4.4 4.4 Profit before tax 4.4 4.3 Profit after tax 3.1 2.4 EPS (Basic – cents/ share) 5.73 4.44 Dividend (cents / share) 3.75 3.75 20
Slide 21: Appendix - Balance Sheet
APPENDIX 2 – BALANCE SHEET Balance Sheet as at Dec 2019 Dec 2018 $’m $’m Current assets 25.8 24.8 Non-current assets 10.7 10.9 Total assets 36.5 35.7 Current liabilities 12.1 11.4 Non-current liabilities 1.9 1.9 Total Liabilities 14.0 13.3 Net Assets 22.5 22.4 21
Slide 22: Appendix - Cash Flow
APPENDIX 3 – CASH FLOW Cash Flow for the year ended 2019 2018 $’m $’m Receipts from customers 45.1 44.6 Payments to suppliers and employees 41.2 38.1 Gross operating cash flow 3.9 6.5 Adjusted EBITDA (ex LTIP exp and gain on disposal investments/ 4.8 6.6 revaluation adjustments in 2018) Gross operat
Slide 23: Disclaimer
DISCLAIMER This document has been prepared by Vita Life Sciences Limited (Vita Life Sciences) and comprises written material/slides for a presentation concerning Vita Life Sciences. The presentation is for information purposes only and does not constitute or form part of any offer or invitation to a