Wiseway Group Ltd. · ASX:WWG
Wiseway — Shareholder Meeting (November 2024)
15 slides from Wiseway's shareholder meeting presentation, Nov 28, 2024
Slide 1: 2024 Annual General Meeting
For personal use only Wiseway Group Limited (ASX: WWG) 2024 Annual General Meeting 28 November 2024 1
Slide 2: Agenda
Agenda Chair address 3 For personal use only Chief Operating Officer’s Address 6 2
Slide 3: Chair Address
For personal use only Chair Address Astrid Raetze 3
Slide 4: Key milestones and growth initiatives
Key milestones and growth initiatives 1 Continued revenue growth in FY24 of $112.3m (+$5.7m from FY23) For personal use only 2 Strong EBITDA in FY24 of $8.2m (+121% from FY23 of $3.7m) 3 Imports eCommerce driving significant growth (+127% growth) Continued management of operational costs through rig
Slide 5: Wiseway ambition and priorities for FY25
Wiseway ambition and priorities for FY25 Ambition A leading logistics partner in the Asia Pacific region, providing excellent services and For personal use only superior customer value to our partners 1 2 3 4 5 6 Division Air freight Sea freight Road freight & Perishables Imports Overseas priorities
Slide 6: COO Address
For personal use only Ken Tong COO Address 6
Slide 7: FY24 Financial highlights
FY24 Financial highlights Total Group Revenue EBITDA For personal use only $112.3 million $8.2 million NPAT Improvement EBITDA Margin +$3.8 million 7.3% (FY23 to FY24) (3.5% in FY23) NTA per Security Cash and cash equivalents 12 cents $8.3 million 7
Slide 8: Wiseway has delivered strong top-line growth in FY24
Wiseway has delivered strong top-line growth in FY24 Also reflected in growth of ANZ division For personal use only Revenue driven strongly by imports (+127%) Revenue mix by division (FY2023 vs. FY2024) Revenue mix by geography (FY2023 vs. FY2024) $112M $112M Singapore $107M Road freight $107M USA 2
Slide 9: Profitability has also improved significantly since FY23
Profitability has also improved significantly since FY23 EBITDA has improved by 121% since FY23 Key drivers of results For personal use only EBITDA (FY2023 vs. FY2024) • Imports eCommerce division driving significant $10M growth flowing to the bottom-line +121% $8.2M $8M • Overseas divisions continu
Slide 10: Operational highlights
Operational highlights Operational Highlights Australia and New Zealand (ANZ) streamlined into a single management structure; yielding both revenue and operational synergies For personal use only Continued to manage operating costs through right sizing non-core support office functions, outsourcing
Slide 11: Wiseway USA and KWT has delivered initial results
Wiseway USA and KWT has delivered initial results For personal use only • Acquisition has given Wiseway robust 3PL fulfillment and inbound customs clearance capabilities in the United States • KWT Revenue of USD11 million in last USA financial year. • Combined US performance from 1 July 2024, indica
Slide 12: NAB Facility Expansion to $11.1m, secured by Chipping Norton property
NAB Facility Expansion to $11.1m, secured by Chipping Norton property For personal use only • NAB Facility increased from $8m to $11.1m with facility extended to end of October 2028 • Circa 90 bps reduction in interest rates on NAB facility achieved • $3 million in additional funding unlocked to sup
Slide 13: Performance Outlook for FY25
Performance Outlook for FY25 For personal use only • Expecting • First Half • Margin • eCommerce and • Potential upside to expansion in (HY2025) compression Wiseway USA performance if profitability in revenue expected given expected to trade pressures the first half of expected to be softer market f
Slide 14: Questions?
For personal use only Q QUESTIONS? A 14
Slide 15: Thank you
For personal use only Thank you 15