Gdex Bhd · MYX:GDEX
Gdex Bhd — 4Q22 Earnings Presentation
19 slides from Gdex Bhd's earnings presentation, Mar 7, 2023
Slide 1: GDEX Berhad 4Q22 Investor Presentation
GDEX BERHAD 4Q22 Investor Presentation 7 March 2023 Mobilising Businesses IR Adviser
Slide 2: GDEX 2.0 A New Era of Growth
Building a regional tech-based delivery services ecosystem… cultural excellence at the core Growth Straetgy - M&A Startups - Strategic Investments - Partnerships - Building Ecocystem GDEX 2.0 A New Era of Growth 2
Slide 3: GDEX 2.0 strategy to transform Group into Southeast Asia's preferred logistics ecosystem
Converging forces and rapid technological disruption shaping businesses of the future... GDEX 2.0 strategy to transform Group into Southeast Asia’s preferred logistics ecosystem GDEX 2.0 Last Mile Convergence Ecosystem • Transformation towards Infrastructure & Logistics Services Technology Services
Slide 4: GDEX2.0 – Macro Units
GDEX2.0 – Macro Units Last mile Logistics Technology Investment To be the best Strong position Expand tech player in the in Malaysia and subsidiaries’ market the region growth Mergers and Acquisitions GDEX Tech Stand out in Group as Malaysia and Expand reach revenue the region and profit generator C
Slide 5: Expanding points of presence across the country
GDEX2.0 – Expanding points of presence across the country… To grow beyond current 2,182 Points of Presence CREATING GDEX 2.0 – OPPORTUNITIES 5
Slide 6: GDEX Technology 2.0
GDEX Technology 2.0 • Aspiring and profitable IT companies • Each with different unique offerings and solutions • Ability to support one another with contacts and opportunities Point of Sales + Web, Systems & • Strengthened logistics ecosystem Payment Gateway Enterprise Applications • Partnerships w
Slide 7: Sweetmag Solutions end-to-end e-commerce and website solutions
Sweetmag Solutions providing end-to-end design, development and support of e-commerce and corporate website solutions… clients include major brands and retailers Expertise in developing: Clients include: • Corporate and content- based websites • Customised web solutions • Mobile apps Platform enable
Slide 8: Web Bytes' Xilnex recognized as one of Malaysia's fastest growing solutions
Web Bytes’ Xilnex recognized as one of Malaysia’s fastest growing solutions… • Web Bytes’s retail cloud POS solutions Xilnex recognised as one of Malaysia’s Growth Champions of 2023 by Statista • 5,000 customer brands worldwide with 30,000 deployments and USD2.0 billion in gross merchandise value pr
Slide 9: Acquired 60.0% equity in cybersecurity start-up Anon Security
Acquired 60.0% equity in cybersecurity start-up Anon Security Sdn Bhd in October 2022… • Anon Security is a provider of artificial intelligence and machine learning cybersecurity solutions • It is the Managed Security Service Provider and regional distributor for BlackBerry Cylance, DTex, Cyble, Rid
Slide 10: Recent Developments
Building a regional tech-based delivery services ecosystem… cultural excellence at the core Growth Straetgy - M&A Startups - Strategic Investments - Partnerships - Building Ecocystem Recent Developments 10
Slide 11: Best Delivery Award and Top 3 Best Courier Service Award
GDEX the proud recipients of Best Delivery Award (for Peninsular Malaysia) and Top 3 Best Courier Service in Malaysia Award at the MCMC Star Ratings Award 2021… • Received Best Delivery Award and Top 3 Courier Service Award by MCMC, conferred by Minister of Communications and Digital Fahmi Fadzil •
Slide 12: Financial Highlights
Building a regional tech-based delivery services ecosystem… cultural excellence at the core Growth Straetgy - M&A Startups - Strategic Investments - Partnerships - Building Ecocystem Financial Highlights 12
Slide 13: Group 4Q22 revenue maintained above RM100 million
Group 4Q22 revenue maintained above RM100 million despite aggressive competition… implementing new products and services and optimising costs toward profitability Group Revenue RM (mil) -1.0% -8.5% 418.9 383.3 • 4Q22 saw marginal revenue dip; courier services faced lower demand from online business
Slide 14: Express deliveries in Malaysia facing challenges but 4Q22 saw improvements
Express deliveries in Malaysia facing challenges but 4Q22 saw improvements Q-o-Q… Express Delivery Revenue • Adverse impact from “masking” where e- RM (mil) -11.6 % -7.8 % commerce merchants on major e-commerce 377.3 333.4 platforms in Malaysia are unable to choose preferred courier providers 93.2 8
Slide 15: Logistics segment faced lower demand in online business
Logistics segment faced lower demand in online business and slower business of warehousing customers… seeing business expansion opportunities from new customers Logistics Revenue RM (mil) -11.6% -20.7% 40.0 • Revenue declined due to low demand in 35.4 online business activities after resumption of b
Slide 16: Expanding portfolio of technology and web solutions providers
Expanding portfolio of technology and web solutions providers under GDEX2.0 strengthens internal capabilities and offers comprehensive range of solutions to clients… Others Revenue RM (mil) 14.5 • Higher revenue driven by information 8.4 technology businesses, i.e. newly acquired subsidiary companie
Slide 17: Regional footprint in Vietnam and Indonesia continues to grow
GDEX’s regional footprint in Vietnam and Indonesia continues to grow… Revenue by FY2021 FY2022 4Q21 4Q22 Country 0.5% 0.6% 0.3% 1.3% 13.8% 17.1% 16.1% 16.6% 85.7% 82.3% 83.6% 82.2% Malaysia Vietnam Singapore Revenue by Country FY2021 FY2022 YoY 4Q21 4Q22 YoY RM 'mil RM 'mil RM 'mil RM 'mil Malaysia
Slide 18: Strong balance sheet with net cash position
Strong balance sheet with net cash position to support organic and M&A growth in Malaysia and regionally… 41.2 40.2 30.5 449.7 303.3 479.2 279.7 496.4 267.7 496.3 274.2 489.9 226.6 16.8 14.5 FY18 FY19 FY2020 FY2021 FY2022 Shareholders' Equity Gross Borrowings Cash & Equivalents FY18 FY19 FY20* FY21
Slide 19: Investor Relations Contacts
Investor Relations Contacts: Toh Kar Inn, Advisor, Corporate Strategy corpcomm@gdexpress.com Tay Tze Yi, IR Consultant tayty@aquilas.com.my IR Adviser