Ntaw Holdings Limited. · ASX:NTD
Ntaw — National Tyre & Wheel — H1 FY2018 Earnings Presentation
15 slides from Ntaw's earnings presentation, Feb 27, 2018
Slide 1: Financial Results Six Months to 31 December 2017
For personal use only Financial Results Six Months to 31 December 2017 27 February 12017
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer For personal use only This presentation may contain certain unaudited financial information in relation to National Tyre & Wheel Limited (NTD and the Company). As such, it has not been subject to an audit or an audit process or otherwise independently verified.
Slide 3: Results Highlights
Results Highlights For personal use only IPO successfully completed in December 2017 On track for pro forma Prospectus forecast Organic strategies delivering growth M&A pipeline and presently engaged with a number of parties Recently acquired businesses on track for Prospectus forecast 3
Slide 4: Pro Forma Results
Pro Forma Results For personal use only H1 Pro Forma NPATA $5.02 million… FY18 full year forecast NPATA $10.27 million H1 Pro Forma EBITDA $7.95 million (FY18 full year forecast $16.38 million) H1 seasonality consistent with prior years and FY18 forecast Gross margin 32.9% and EBITDA:Revenue 11% - b
Slide 5: Summary of Pro Forma Results
Summary of Pro Forma Results For personal use only $'000 Pro Forma Statutory Comments Historical Forecast Actual Forecast Actual FY2017 FY2018 H1 FY2018 FY2018 H1 FY2018 Sales revenue 144,464 155,232 75,375 145,801 66,567 The pro forma consolidated statement of profit and loss for H1 of FY2018 is:
Slide 6: Bridging Pro Forma & Statutory Statements
Bridging Pro Forma & Statutory Statements For personal use only $'000 FY2017 FY2018 H1 FY2018 Historical Forecast Actual Notes Revenue Revenue Revenue Notes Pro forma revenue 144,464 155,232 75,375 1. NPAT relating to acquired businesses - reflects the trading of the group from 1 July 2016 to the da
Slide 7: Balance Sheet
Balance Sheet For personal use only $'000 FY2018 Actual FY2017 Actual Notes Balance Sheet Notes 31 December 2017 30 June 2017 Current assets 1. Cash and cash equivalents – The Group has a strong cash position holding $16 Cash and cash equivalents 1 16,044 14,765 million at 31 December 2017, resultin
Slide 8: Successful IPO and ASX Listing
Successful IPO and ASX Listing For personal use only Share Price since IPO 59 million shares sold, raising $59m at $1.00 per share National Tyre & Wheel Limited - Share Price $1.40 After founder sell down, ≈ 58% held by public and institutions $1.35 $1.30 More than 30 institutional investors at IPO
Slide 9: National Tyre & Wheel
National Tyre & Wheel For personal use only Specialised brand building business focussed on tyre and wheel importing & Experienced Management Team & Board distribution Leading position in 4WD, SUV tyres, steel wheels & OEM wheels and tyres to caravan manufacturers Strong history of earnings and divi
Slide 10: Extensive Distribution Platform
Extensive Distribution Platform For personal use only Senior Management team with over 200 years combined tyre and wheel industry experience 175 employees in 3 countries 10
Slide 11: Building Leading Brands – Tyres
Building Leading Brands – Tyres For personal use only Exclusive importer and distributor of - Cooper and Mickey Thompson 4WD, SUV and passenger tyres and wheels in Australia, New Zealand and South Africa Australia New Zealand South Africa - All Federal tyres in Australia (ex Qld) and New Zealand - M
Slide 12: Building Leading Brands – Wheels & MPC
Building Leading Brands – Wheels & MPC For personal use only Dynamic – specialising in steel wheels in Australia and New Zealand MPC – specialising in OE solutions for caravan and trailer manufacturers in Australia Proprietary brands (Dynamic and MPC) and product designs Strong growth in new markets
Slide 13: History of Growth & Profit
History of Growth & Profit For personal use only ETD (core business) founded in 1989 to import and distribute Cooper tyre products Exclusive retailer business model and rapid expansion of 4WD vehicle fleet resulted in growth, with Cooper achieving a market leading position Mickey Thompson 4WD range
Slide 14: Outlook
Outlook For personal use only NTAW is on track to deliver the FY2018 pro forma Prospectus forecast. The tyre and wheel industry is predicted to grow steadily with population, the size of the vehicle fleet and distances travelled*. In Australia, the vehicle segments primarily targeted by ETD (4WD and
Slide 15: Questions
For personal use only Questions Thank you 15
National Tyre & Wheel — H1 FY2018 Earnings Presentation on 6ix