Barramundi Group Ltd. · OSL:BARRA
Barramundi — 9M 2022 Earnings Presentation
14 slides from Barramundi's earnings presentation, Nov 29, 2022
Slide 1: Business update First nine months 2022
Business update First nine months 2022 BARRAMUNDI GROUP LTD 29 NOV 2022
Slide 2: Building an Asia Pacific aquaculture leader
Building an Asia Pacific aquaculture leader Barramundi Group builds a fully integrated aquaculture leader with a premium product in a high growth market Platform Operations Market Growth A scalable platform established in ‘05 Optimising farming operations Building a mass market Securing capacity for
Slide 3: Highlights
Highlights • Harvest volumes were up from 1,488 to 1,503 tonnes (WFE). • Total income in the period was SGD 25.7 million (25.2). • Net profit for was –SGD 18.6m (13.6)* • In Brunei, preliminary broodstock and hatchery facility development and planning has commenced, to provide ability to self-supply
Slide 4: Profit and Loss after first nine months of 2022 (Unaudited)
Profit and Loss after first nine months of 2022 (Unaudited) Actual Proforma Actual YTD Sep 2022 YTD Sep 2022 YTD Sep 2021 Unaudited Unaudited Unaudited (in SGD) $ $ $ Revenue 25,731,004 25,731,004 25,196,788 Other income 515,869 515,869 823,375 Raw materials and consumables (20,175,372) (20,541,523)
Slide 5: Balance Sheet per 30 September 2022 (Unaudited)
Balance Sheet per 30 September 2022 (Unaudited) 30 Sep 2022 31 Dec 2021 Unaudited Audited (in SGD) $ $ ASSETS Current assets Cash and cash equivalents 14,488,820 28,482,011 Trade and other receivables 6,862,475 7,200,974 Inventories 7,222,158 3,511,581 Biological assets 14,030,592 19,384,330 42,604,
Slide 6: Cash Flow in the first nine months of 2022 (Unaudited)
Cash Flow in the first nine months of 2022 (Unaudited) YTD YTD 30 Sep 2022 30 Sep 2021 Unaudited Unaudited (in SGD) $ $ Cash flows from operating activities Loss before tax (19,156,524) (13,338,703) Adjustments for: - Fair value adjustment on biological assets 8,938,449 2,571,010 - Amortisation of g
Slide 7: Key Financials & Highlights - Australia
Key Financials & Highlights - Australia • Net sales for Australia were reduced by SGD 1.5 million following reduced harvest tonnage of 121 tonnes. • Successful negotiations with key customers to recognize increases in raw material and operating costs enabled a significant increase in the ASP (Averag
Slide 8: Key Financials & Highlights - Singapore
Key Financials & Highlights - Singapore • Net sales for the first nine months 2022 increased slightly on the back of higher harvest volumes as part of the inventory drawdown after fallowing the Semakau and Senang sites. • Installation of the mooring system in the new St John’s lease was completed wi
Slide 9: Operating Highlights – Brunei
Operating Highlights – Brunei • Export of approximately 5 tonnes of fresh portions to Singapore via airfreight under the Kuhlbarra brand earlier this year, after a trial harvest. • The UVAXX laboratory has been completed and commissioned. Together with animal health technicians and vets, this allows
Slide 10: Key Financials & Highlights- Fassler
Key Financials & Highlights- Fassler • Fassler’s revenue increased by 20 per cent to SGD 10.5 million in the first nine months of 2022 following a more aggressive digital marketing strategy, joint promotions with an online shopping platform and an increase in selling price for customers. The cost of
Slide 11: Outlook
Outlook • We expect continued strong demand. • Increased prices for raw materials and feed are gradually being passed on to end consumers. • Exploring strategic options for Australian business as well as funding. Process updates will be given no later than in the report for the second half of 2022,
Slide 12: Financial Calendar
Financial Calendar 2H 2022 Results 28 February 2023 2022 Full year results 28 April 2023 FIRST NINE MONTHS 2022 12
Slide 13: Appendix: Alternative performance measures
Appendix Alternative performance measures Barramundi Group Ltd discloses alternative performance measures as a supplement to the financial statements prepared in accordance with IFRS. Such performance measures are commonly used by analysts, investors and other stakeholders to evaluate the performanc
Slide 14: Thank You.
Thank Yo barramundi ‘group