18 slides from Rectifier Technologies's shareholder meeting presentation, Nov 27, 2017
Slide 1: Rectifier Technologies Ltd – 2017 AGM Presentation
For personal use only Rectifier Technologies Ltd – 2017 AGM Presentation Good Morning Everyone! The 2nd Restructuring Plan, 2018 RFT: Current & Past, the company’s Financial Road Map to the Future Markets
Slide 2: Disclaimer
Disclaimer For personal use only • This document is not a Prospectus nor an Offer to Subscribe for Shares • RT Ltd and its subsidiaries (“RT”) makes no representations or warranty (expressed or implied) as to the accuracy, reliability or completeness of this document. RT and its respective directors
Slide 3: Restructuring Plan 2018
For personal use only Rectifier Technologies Ltd – 2017 AGM Presentation Restructuring Plan 2018
Slide 4: Phase Restructure – Cost down 2012 to 2013
For personal use only Phase 1 Restructure – Cost down 2012 to 2013 Move majority of manufacturing to Malaysia Reduce cost structure in Australia Sold RT UK subsidiary
Slide 5: Phase Restructure – Cost down 2014 to 2017
For personal use only Phase 1 Restructure – Cost down 2014 to 2017 Resulted company being profitable 4 years in a row
Slide 6: Phase Restructure – Cost down 2014 to 2017
For personal use only Phase 1 Restructure – Cost down 2014 to 2017 Resulted company being profitable 4 years in a row Net Profit/(Loss) $2,000 Thousands $1,500 $1,000 $500 $- 2009 2010 2011 2012 2013 2014 2015 2016 2017 -$500 -$1,000 -$1,500 -$2,000
Slide 7: Phase Restructure – Sales up 2018
For personal use only Phase 2 Restructure – Sales up 2018 Establish global sales & marketing office in Singapore Focus on new energy markets Retain local Australia sales presence
Slide 8: 2017 Current Corporate Structure
Phase 2 Restructure – Sales up For personal use only 2017 Current Corporate Structure Rectifier Technologies Ltd Headquarter (ASX-RFT) Rectifier Technologies Pacific Management Fees R&D, Sales, Minority of Manufacturing Licenses & Technical Intercompany Sales Supply Agreement Support Rectifier Techn
Slide 9: 2018 Corporate Structure
For personal use only Phase 2 Restructure – Sales up 2018 Corporate Structure Rectifier Technologies Ltd Focus – Headquarters Management Fees Rectifier Technologies Pacific Rectifier Technologies (M) Rectifier Technologies Singapore Focus – R&D Focus – Manufacturing Focus – Sales & Marketing License
Slide 10: Why Singapore?
For personal use only Why Singapore? Easy access to world markets Access to technologically skilled staff Business friendly environment Proximity to RT manufacturing facility
Slide 11: Financial Presentation
For personal use only Rectifier Technologies Ltd – Financial Presentation
Slide 12: Years' Financial Performance Comparison
For personal use only Rectifier Technologies Ltd - 5 Years’ Financial Performance Comparison Total Revenue (AUD$) Revenue from continuing operations Revenue from discontinued operatiion (RTUK) • Relocated manufacturing 6,488,935 6,930,342 7,481,796 facility to Malaysia 6,245,098 2,148,877 5,338,335
Slide 13: Total Gross Margin
For personal use only Rectifier Technologies Ltd - 5 Years’ Financial Performance Comparison Total Gross Margin(%) 60% 50% 48% 59% 40% 46% 54% 34% (%) 30% 20% 10% 0% 2013 2014 2015 2016 2017 Continue improvement on manufactory production efficiency
Slide 14: Share Price at Year-end
For personal use only Rectifier Technologies Ltd – Share Price at Year-end Share Price at Year-end (cents) 3 2.5 2.9 2 1.5 Cents 1 1.7 0.5 0.7 0.1 0.3 0 2013 2014 2015 Share Price at Year-end (cents) 2016 2017 We are looking forward to continually increase shareholders’ wealth in the future
Slide 15: Years' Financial Position Comparison
For personal use only Rectifier Technologies Ltd - 5 Years’ Financial Position Comparison Borrowings for Working Capital 1,600,000 1,418,865 1,400,000 1,162,240 1,200,000 (AU Dollars) 1,000,000 800,000 589,125 600,000 400,000 200,000 79,328 84,079 0 2013 2014 2015 2016 2017 Financial Year Good cost
Slide 16: Liquidity Measurement
For personal use only Rectifier Technologies Ltd – Liquidity Measurement Current Ratio 4.00 Current Ratio – Indicate the 3.37 Company’s more liquid assets 3.00 2.84 Times 2.00 Current Ratio: 1.49 1.21 = Current Asset / Current 1.00 0.93 Liabilites 0.00 2013 2014 2015 2016 2017 Quick Ratio Quick Rati
Slide 17: We are ready to go to a new era
For personal use only Rectifier Technologies Ltd – We are ready to go to a new era Cash and cash equivalents 3,000,000 2,628,269 2,500,000 2,000,000 (AU Dollars) 1,635,415 1,500,000 958,252 1,000,000 500,000 104,777 175,675 0 2013 2014 2015 2016 2017
Slide 18: Questions & Comments? Thanks!
For personal use only Rectifier Technologies Ltd – 2017 AGM Presentation QUESTIONS & COMMENTS? THANKS!