Slide 1: PAX Global Technology Limited (327.HK) 2018 Interim results
PAX Global Technology Limited (327.HK) 2018 Interim results
Slide 2: Disclaimer
Disclaimer The information contained in these presentation materials has been prepared by PAX Global Technology Limited ( “Company” or “PAX”) solely for use at the presentation to prospective investors for introduction of the Company. By accepting this document, you are agreeing to maintain absolute
Slide 3: Agenda
Agenda • 2018 interim results snapshot • 2018 full year guidance 3 PAX Global Technology Limited (327.HK) – 2018 interim results
Slide 4: 2018 interim results snapshot
2018 interim results snapshot 4 4 PAX Global Technology Limited (327.HK) – 2018 interim results
Slide 5: 2018 interim results snapshot
2018 interim results snapshot • Revenue: HKD 1,875.6 M - YoY change: +16.8% - Overseas market, YoY change: +46.4% • Gross profit margin: 38.5% - YoY change: - 320 basis points • Profit for the period: HKD 254.3 M - YoY change: +0.2% • Profit attributable to the owners of the Company: HKD 258.5 M - Y
Slide 6: 2018 interim – Revenue by region
2018 interim– Revenue by region LACIS +57.0% EMEA +49.1% Brazil • Significant growth in European countries • Leader in payment terminal market • More acquiring banks in Gulf Cooperation Council (GCC) • Strong growth in traditional terminals region transition to PAX payment solutions Russia 47.7% • H
Slide 7: 2018 interim – Operating expenses
2018 interim– Operating expenses For the six months ended 30 June 2018 For the six months ended 30 June 2017 +/- HKD ‘000 (unaudited) (unaudited) Selling expenses 192,394 195,083 -1.4% Administrative expenses 262,848 209,885 +25.2% R&D expenses 143,894 119,290 +20.6% (included in administrative expe
Slide 8: 2018 interim – Working capital
2018 interim – Working capital HKD ‘000 As at 30 June 2018 As at 31 December 2017 As at 30 June 2017 Trade and bills receivables 1,885,139 1,703,414 1,743,572 Inventories 1,328,727 918,452 728,849 Trade and bills payables 1,314,216 953,084 704,928 Cash and cash equivalents 1,965,876 2,165,224 1,774,
Slide 9: FY 2018 guidance
FY 2018 guidance • Topline: +15 to 25% • Gross profit margin: 34 to 37% • Operating profit margin: 11 to 13% Guidance remains the same as given in March 2018 9 PAX Global Technology Limited (327.HK) – 2018 interim results
Slide 10: Appendix
Appendix 10 10 PAX Global Technology Limited (327.HK) – 2018 interim results
Slide 11: Appendix: New products in 2018
Appendix: New products in 2018 E800 E600 A930 • New generation of integrated smart retail terminal • Mobile retail POS • Smart POS • Combines core retail peripherals and payment into a single • Handheld portable wireless mini ECR • Powered by Android technology elegant housing unit with small deskto
Slide 12: Appendix: New products in 2018 (QR Series)
Appendix: New products in 2018 (QR Series) QR50 QR55 QR65 QR15 QR10 12 PAX Global Technology Limited (327.HK) – 2018 interim results
Slide 13: Investor relations contacts
Investor relations contacts • Ethan Cheung, Chief Financial Officer • Calvin Pei, Assistant Vice President - Corporate Finance & Strategy • Mina Pang, Investor Relation Manager Email: ir@pax.com.hk TEL: +852 2500 8510 13 PAX Global Technology Limited (327.HK) – 2018 interim results