Rpm Automotive Group Ltd. · ASX:RPM
Rpm Automotive — Investor Presentation (November 2021)
21 slides from Rpm Automotive's investor presentation, November 2021
Slide 1: RPM Automotive Group Ltd. Corporate Presentation
rsonal use only RPM AUTOMOTIVE GROUP LTD (ASX:RPM) Corporate Presentation November 2021
Slide 2: We Are RPM
WE ARE RPM rsonal use only RPM Automotive Group Limited is a leading player in the Australian Automotive Aftermarket sector RPM has a nationwide footprint of businesses involved in importing, wholesaling, and retailing tyres, mechanical repairs, motorsport apparel and safety equipment, niche manufac
Slide 3: About RPM
ABOUT RPM FAVOURABLE INDUSTRY FUNDAMENTALS EXPERIENCED BOARD AND MANAGEMENT TEAM The Australian automotive aftermarket is large and growing with an The founders have a proven track record of owning, building and rsonal use only addressable market of over $25bn in 2017 operating automotive businesses
Slide 4: FY21 Achievements
FY21 ACHIEVEMENTS REVENUE EBITDA CASH BALANCE $45.1m up 30% on FY20 $4.5m up 50% on FY20 rsonal use only $1.7m as at 30 June 2021 (excludes $970k prepayment) Full year record revenue Strong revenue growth delivered record $5.1m share placement Growth across all four EBITDA ensures the Company is bus
Slide 5: Our Businesses
OUR BUSINESSES RPM’S FOUR DIVISIONS HAVE A NATIONWIDE FOOTRPINT IN THE AUTOMOTIVE AFTERMARKET rsonal use only WHEELS & TYRES REPAIRS & ROADSIDE MOTORSPORT PERFORMANCE & ACCESSORIES Wholesale & distribution of Commercial and retail tyre & Racegear and Racewear Vehicle parts and accessories commercial
Slide 6: Our Markets and Opportunities
OUR MARKETS AND OPPORTUNITIES THE AUSTRALIAN AUTOMOTIVE PARTS & MAINTENANCE SECTOR rsonal use only REPRESENTS ABOUT $34 BILLION IN ANNUAL REVENUE THE SECTOR IS HIGHLY FRAGMENTED RPM IS STRONGLY PLACED TO DRIVE CONSOLIDATION VIA ITS VERTICALLY INTEGRATED NATION-WIDE FOOTPRINT RPM IS FOCUSED ON GROWIN
Slide 7: Financials
rsonal use only FINANCIALS
Slide 8: FY21 Financial Summary
FY21 FINANCIAL SUMMARY PROFIT AND LOSS BALANCE SHEET CASH FLOW STATEMENT rsonal use only FY21 FY20 FY21 FY20 FY21 FY20 ($m) ($m) ($m) ($m) ($m) ($m) Revenue 45.1 34.7 Cash and equivalents 1.7 1.9 Cashflow from (2.5) (2.0) Gross Profit 14.1 10.7 operations Other Assets 44.8 31.5 EBITDA 4.5 3.4 Total
Slide 9: FY21 Results Wheels & Tyres
FY21 RESULTS WHEELS & TYRES STRONG result in Wheels & Tyres driven by ongoing WHEELS & TYRES demand from the heavy transport and logistics sectors rsonal use only FY21 FY20 Change Significant commercial tyres growth partly offset by Revenue ($m) 22.7 13.0 +74% lower passenger tyre sales due to lockd
Slide 10: FY21 Results Repairs & Roadside
FY21 RESULTS REPAIRS & ROADSIDE Repairs & Roadside was negatively impacted by Covid- REPAIRS & ROADSIDE 19, however improved efficiencies helped offset rsonal use only FY21 FY20 Change Revenue of $16.0m, up 17% on FY20 Revenue ($m) 16.0 13.7 +17% EBITDA contribution of $0.9m, up 86% on FY20 EBITDA m
Slide 11: FY21 Results Motorsport
FY21 RESULTS MOTORSPORT Motorsport rebounded strongly after a difficult FY20, MOTORSPORT with all growth achieved organically rsonal use only FY21 FY20 Change Revenue of $7.3m, up 31% on FY20 Revenue ($m) 7.3 5.7 +31% EBITDA contribution of $1.5m, up 252% on FY20 Gross Profit ($m) 3.2 2.5 +55% EBITD
Slide 12: FY21 Results Performance & Accessories
FY21 RESULTS PERFORMANCE & ACCESSORIES Performance & Accessories generated strong organic PERFORMANCE & ACCESSORIES growth in FY21 rsonal use only FY21 FY20 Change Revenue of $3.5m, up 6% on FY20 Revenue ($m) 3.5 3.3 +6% EBITDA contribution of $0.7m, up 107% on pcp Gross Profit ($m) 2.5 1.6 +55% EBI
Slide 13: Acquisition Strategy
rsonal use only ACQUISITION STRATEGY
Slide 14: Acquisition Growth Strategy
ACQUISITION GROWTH STRATEGY RPM’s acquisition strategy is to identify similar complementary businesses to unlock synergies Target approximately ~50% scrip and ~50% cash (paid out over a period of time) consideration rsonal use only Aim to purchase businesses on attractive valuation metrics of 3.5 –
Slide 15: FY21 & FY22 Acquisition Summary
FY21 & FY22 ACQUISITION SUMMARY rsonal use only Elite Tyre Group Gully Mobile Traralgon Tyres Tyre Service Direct Super Tyre Wholesale Citic Mart Carline Tyres Competition Tyres Autoparts Automotive – Cairns Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Ju
Slide 16: Corporate Snapshot
rsonal use only CORPORATE SNAPSHOT
Slide 17: Corporate Snapshot
CORPORATE SNAPSHOT CAPITAL STRUCTURE1 SHARE PRICE PERFORMANCE ($/SHARE)1 Shares on Issue 141.9m rsonal use only Options 20.9m Share Price (10/11/21) $0.31 Market Capitalisation $42.6m 52-week High $0.470 52- week Low $0.175 1 Market data sourced from IRESS as of 11 November 2021 FOUNDERS’ INTERESTS
Slide 18: Board of Directors
BOARD OF DIRECTORS Lawrence Jaffe – Executive Director Grant Carman - Non-Executive Chairman Lawrence is a co-founder and promoter of the RPM Group. rsonal use only Lawrence has a strong financial background having worked in Grant Carman is a chartered accountant with over 30 years of Private Equity,
Slide 19: Summary
SUMMARY FY21 HIGHLIGHTS FY22 OUTLOOK rsonal use only Record revenue of $45.1m and EBITDA of $4.5m in A further three acquisitions announced in FY22 ytd FY21 continue the Company’s growth strategy 5 strategic acquisitions of complementary businesses $8m funding agreement with Collins St Value Fund to
Slide 20: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Overview This document is issued by RPM Automotive Group Limited ACN RPM (“RPM Automotive” or “RPM”) on 30 November 2021. rsonal use only Summary Information This document contains summary information about RPM Automotive and its associated and proposed associated ent
Slide 21: Contact
CONTACT rsonal use only INVESTORS MEDIA Ronn Bechler Tristan Everett P: 0400 009 774 P: 0403 789 096 E: ronn.bechler@marketeye.com.au E: tristan.everett@marketeye.com.au Hugh Morgan P: 0407 453 109 E: hugh.morgan@marketeye.com.au www.rpmgroup.net.au www.linkedin.com/company/rpm-automotive-group-limi
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