Axelum Resources Corp. · PSE:AXLM
Axelum Resources — FY2020 Earnings Presentation
10 slides from Axelum Resources's earnings presentation, April 2021
Slide 1: Full Year 2020 Financial Results
Full Year 2020 Financial Results April 2021
Slide 2: Sustained Profitability Despite COVID-19, -9.6% PH GDP Contraction
2 Sustained Profitability Despite COVID-19, -9.6% PH GDP Contraction Php Bn Php Bn Php Mn Php Mn 5.17 1.30 530 526 2 Sales Gross Profit Operating Income Net Income 25.1% 10.2% 10.2% 0.17 Gross Profit Margin Operating Margin Net Income Margin Debt to Equity Ratio
Slide 3: Financial Summary and Sensitivity - Sales, Net Income
3 Financial Summary and Sensitivity - Sales, Net Income Sales Net Income (₱ Mn) (₱ Mn) 7,000 6,000 900 5,303 5,442 775 5,168 800 5,000 683 700 4,000 600 526 500 3,000 400 2,000 300 200 1,000 100 0 0 2019 2020A* 2020E** 2019 2020A* 2020E** *Actual 2020 audited results **Estimated 2020 sales and net i
Slide 4: Resilient Performance in 2H 2020
4 Resilient Performance in 2H 2020 Sharp revenue bounce; Gradual and sustainable normalization of operations Sales Gross Profit Operating Income Net Income 3,000 2,781 2,387 16% 2,500 (in ₱ millions) 2,000 1,500 1,000 793 505 57% 500 341 59% 323 189 81% 203 0 1H 2020 2H 2020 1H 2020 2H 2020 1H 2020
Slide 5: Balance Sheet and Key Ratios
5 Balance Sheet and Key Ratios CASH POSITION CURRENT RATIO BALANCE SHEET (in ₱ thousands) (in ₱ millions) 3000 2,862 5 2020 2019 2500 2,290 4 3.4:1 2000 Current Assets 4,814,671 5,076,758 3 1500 Cash 2,290,245 2,862,223 2 1000 439 1 Receivables 574,562 501,781 500 257 0 0 Inventories 1,310,824 1,096
Slide 6: Cash Flow and Stock Performance
6 Cash Flow and Stock Performance CASH FLOW (in ₱ thousands) STOCK PERFORMANCE SHARE BUY-BACK Pre-Buy Back: 2020 2019 3.50 3.5 Total Outstanding Shares 4,000,000,000 3 2.76 Pre-Tax Income 573,645 855,312 2.61 2.5 As of April 19, 2021: 2.58 Working Capital Changes 279,715 346,555 2 No. of Shares Acqu
Slide 7: Revenue Mix – Product Segments and Geography
7 Revenue Mix – Product Segments and Geography By Product Segment By Geography 7% 8% 7% 9% 8% 9% 7% 8% 6% 7% 9% 10% 11% 11% 10% 66% 67% 66% 93% 91% 90% 2018 2019 2020 2018 2019 2020 USA Philippines Europe Australia Core Products Others Asia/Middle East
Slide 8: Continuous Investments in Capacity Expansion
8 Continuous Investments in Capacity Expansion New Spray-Drying Facility New Pressed Coconut Water Plant ▪ Agglomerated technology ▪ Began trial product formulation in 4Q 2020 ▪ Double production capacity of coconut milk ▪ Commercial production by mid-2021 powder ▪ Pending application for income tax
Slide 9: E-Commerce and New Product Development
9 E-Commerce and New Product DevelopmentWater E-Commerce Overview 2020 Performance New Product Alert ▪ Online sales up 91% ▪ Flagship products among category top best sellers Description ▪ Began trial product formulation of pressed coconut water in 4Q 2020 Main Platform ▪ Amazon USA ▪ Developing new
Slide 10: Corporate Office, Medina Plant, Email/Phone
CORPORATE OFFICE MEDINA PLANT EMAIL/PHONE 1052 EDSA Magallanes Village, Km. 106, National Highway, Maanas, investor.relations@axelum.ph Makati City 1232 Philippines Medina, Misamis Oriental, Philippines +63 (2) 8851 0739 +63 (2) 8851 0730 +63 (088) 331 2017