Goodwill Entertainment Holding Limited · SGX:GEH
Goodwill Entertainment — Investor Day (May 2025)
30 slides from Goodwill Entertainment's investor day presentation, May 19, 2025
Slide 1: Investor Engagement Day
May 19, 2025 INVESTOR ENGAGEMENT DAY
Slide 2: Disclaimer
Disclaimer This presentation prepared by Goodwill Entertainment Holding Limited (the "Company") does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction, nor shall t
Slide 3: Corporate Overview
Corporate Overview Operator of multi-entertainment concepts, comprising a network of family-friendly karaoke facilities with F&B concepts, performance halls and dance clubs, operating under the brand names “HaveFun Family Karaoke”, “FATEbyhavefun” and “HaveFun Live Show” Stock Code Free Float SGX:GE
Slide 4: History & Key Corporate Milestones
HISTORY & KEY CORPORATE MILESTONS 4
Slide 5: History
History 2015 2015 2015 2022 Founded by Mr. Flint Lu Fully resumed operations in April 2022 Gap observed in the local entertainment scene 4 new outlets at Bugis+, Lucky Chinatown, Suntec City, Cineleisure Orchard Developed a brand centred around multi- entertainment experiences Flagship Cineleisure O
Slide 6: Key Corporate Milestones
Key Corporate Milestones • Opening of flagship outlet at • Temporary stop-gap Cineleisure Orchard – measures during Covid-19 Karaoke + “FATE by HaveFun” • 1st “HaveFun Family Karaoke” • F&B takeout/delivery • Opening of karaoke outlet at outlet opened at Bugis Cube (“Stick N Stones”) Suntec City • U
Slide 7: Venues & Concepts
ty ee eit gf yn & w 2S ZO es)
Slide 8: HaveFun Family Karaoke
HaveFun Family Karaoke 11 Outlets in Singapore Cineleisure Orchard (Flagship) Pasir Ris Mall Suntec City Lucky Chinatown Luxurious country/rustic themed Space-themed karaoke room at Bugis+ karaoke room at Thomson Plaza Cineleisure Orchard Bugis Cube 313@Somerset Downtown East SAFRA Toa Payoh SAFRA Y
Slide 9: HaveFun Family Karaoke - Cineleisure Orchard
HaveFun Family Karaoke Cineleisure Orchard (Flagship) Also features the FATEbyHaveFun dance club FATEbyHaveFun Dance Club It operates 6-days a week Spacious dance floor State-of-the-art lighting and sound systems State-of-the-art lighting ststem 9
Slide 10: HaveFun Live Show @ Bugis+
HaveFun Live Show @ Bugis+ First-of-its-kind Up close live Full sensory T-shaped Stage State-of-the-art Can mega live performances and cinematic and surrounded by AV equipment accommodate entertainment interactions with immersive concert- over 8,000 lights up to 400 guests house in Singapore perform
Slide 11: Competitive Strengths
GOODWILL COMPETITIVE STRENGTHS
Slide 12: Competitive Strengths
Competitive Strengths Strong brand recognition Established biz relationships with • HaveFun has become a synonymous with family suppliers entertainment in Singapore’s karaoke industry • Alcohol purchases makes up about 80% of our purchases • Our close relationship with suppliers provides a competiti
Slide 13: Growth Strategies
AY GOODWILL GROWTH STRATEGIES
Slide 14: Growth Strategies
Growth Strategies Grow the number of Vertically expand range of Strategic JVs and outlets offerings Alliances More outlets in Singapore F&B forms the largest percentage Strengthen market position of our revenue streams Increase service offerings and Introduce new concepts Develop our own craft conce
Slide 15: FY2024 Financial Highlights – Overview
FY2024 Financial Highlights – Overview • HaveFun Live Show Karaoke • In collaboration with Hezong • First-of-its-kind in Singapore 11 HaveFun Family Karaoke outlets • Live performances and interactions with artistes Live Show (Singapore) • 8000 lights, state-of-the-art audio-visual equipment Ameniti
Slide 16: FY2024 Results Highlights
FY2024 Results Highlights
Slide 17: FY2024 Financial Highlights - Revenue
FY2024 Financial Highlights - Revenue FY2024 revenue +121% to S$53.0m (FY2023: S$23.9m) Revenue 60 Addition of Live Show in late February 2024 (+S$24.5m) 50 40 Karaoke revenue +18% to S$28.3m in FY2024 30 • Full-year contributions of all existing outlets in FY2024 • Some outlets operated for 20 less
Slide 18: FY2024 Financial Highlights - Revenue
FY2024 Financial Highlights - Revenue FY2024 revenue +121% to S$53.0m (FY2023: S$23.9m) Revenue Breakdown by Segments (in S$m) 60 Addition of Live Show in late February 2024 (+S$24.5m) 50 40 Karaoke revenue +18% to S$28.3m in 30 FY2024 • Full-year contributions of all existing outlets in FY2024 20 •
Slide 19: FY2024 Financial Highlights - Revenue
FY2024 Financial Highlights - Revenue Revenue Breakdown by Type (in S$m) Revenue Breakdown by Type (in S$m) - FY2024 35 30 Sale of F&B 25 10% 20 8% Karaoke room charges 15 Service Charges 10 19% 62% 5 Rendering of live performance - FY2021 FY2022 FY2023 FY2024 services Sale of F&B Karaoke room charg
Slide 20: FY2024 Financial Highlights – EBITDA
FY2024 Financial Highlights – EBITDA EBITDA (in S$m) EBITDA rose to S$12.2m (+95%) in 10 30.0% FY2024 (FY2023: S$6.2m) 9 25.0% 8 7 FY2024 EBITDA margin fell to 23% 20.0% (FY2023: 26%) 6 EBITDA Margin • Mainly due to the increase 5 15.0% in set up costs for the new F&B and Manufacturing 4 businesses
Slide 21: FY2024 Financial Highlights – Adj. Net Profit
FY2024 Financial Highlights – Adj. Net Profit Adj. Net Profit* (in S$m) 6.0 16% 14% 5.0 12% 4.0 10% 3.0 8% 6% 2.0 4% 1.0 2% - 0% FY2022 FY2023 FY2024 Adjusted net profit* rose 72% FY2024 Adjusted net profit FY2022-FY2024 CAGR: 120% to S$5.5m in FY2024 (FY2023: margin* fell to 10% (FY2023: S$3.2m) 13
Slide 22: FY2024 Financial Highlights – Adj. Net Profit
FY2024 Financial Highlights – Adj. Net Profit Net margin declined mainly due to the Adj. Net Profit* (in S$m) increase in set up costs for new F&B and Manufacturing businesses 6.0 16% 14% 5.0 FY2024 staff costs grew roughly in line with 12% revenue growth 4.0 10% Key costs that outpaced revenue grow
Slide 23: FY2024 Financial Highlights – B/S & Cash
FY2024 Financial Highlights – B/S & Cash Total equity increased to S$22.3m (FY2023: Adj. Net Profit* (in S$m) S$8.2m) compared with Total Liabilities (in S$m) FY2023 FY2024 inching up only 3% Total Assets 39.0 53.9 Net cash flow from operations at S$20.5m Total Liabilities 30.8 31.7 (FY2023: S$7.8m)
Slide 24: FY2024 Highlights
FY2024 Highlights Generous maiden Approved at AGM Represents a payout dividend of 0.75 of 61.5% of basic and Singapore cents per diluted EPS share proposed 24
Slide 25: Outlook
GOODWILL OUTLOOK
Slide 26: Outlook
Outlook Current Singapore Nightlife Entertainment Industry Landscape Consumer Trends • Decline in weekday nightlife participation due to remote work and high transport costs. • Rising demand for experience-driven entertainment; focus on immersive live shows and premium KTV. Challenges in F&B and Ent
Slide 27: Outlook
Outlook Strategic Responses and Outlook Operational Efficiency and Service Differentiation • Strategies: Lease negotiations, workforce optimisation, technology adoption for enhanced experiences • Focus on premium KTV services, exclusive live shows, and elevated F&B offerings Market Expansion and Opp
Slide 28: Investment Merits
A GOODWILL ENTERTAINMENT INVESTMENT MERITS 28
Slide 29: Investment Merits
Investment Merits From Karaoke to Live Show: Goodwill is not With a fast-growing top line, just a karaoke operator but an innovative Goodwill is categorised as a high multi-entertainment company that can growth company keep creating new areas of revenue streams in F&B and other revenues P/E ratio of
Slide 30: Thank You
THANK YOU Investor enquiries: renfred@gem-comm.com emily@gem-comm.com
Goodwill Entertainment Holding — Investor Day (May 2025) on 6ix