Cti Logistics Limited · ASX:CLX
Cti Logistics — H1 FY2021 Earnings Presentation
19 slides from Cti Logistics's earnings presentation, Mar 12, 2021
Slide 1: Half Year December 2020 Financial Results
ASX: CLX For personal use only Half year December 2020 Financial Results February 2021 This announcement has been authorised for release to the ASX by the CTI Logistics Limited Board of Directors
Slide 2: Contents
Contents For personal use only 1 December 2020 Headlines 2 Strategic Direction 3 December 2020 Financial Performance 4 December 2020 Financial Review 5 Customer Focused 6 FY21 Priorities 7 What we do CTI Financial Results 31 December 2020 2
Slide 3: Fleet Investment, Regional Freight, Forrestfield Depot
For personal use only Fleet Investment Regional Freight Forrestfield Depot CTI Financial Results 31 December 2020 3
Slide 4: December 2020 Headlines
1 December 2020 Headlines Strong cash flow, improved margins, operational investment For personal use only ✓ Strong cash flows: Higher than expected margins in transport and logistics, increased volumes and significant operating leverage, as well as a strong focus on working capital and cost control
Slide 5: Strategic Direction
2 Strategic Direction Profitable growth, maximise utilisation, national footprint For personal use only ❑Drive earnings growth: Organic growth amid increased demand for transport and logistics services across Australia, operational efficiencies, continued focus on winning quality revenue and maximis
Slide 6: Performance: Headline Results for the half year to December 2020
3 December 2020 Financial Performance Headline Results for the half year to 31 December 2020 For personal use only Leasing standard AASB 16 adopted Revenue EBITDA NPBT $118.6m $19.7m $6.8m profit FY19: $109.8m Up 8% FY19: $14.2m Up 39% FY19: $1.2m profit Up 453% NPAT EPS DPS $5.2m profit 6.93 cps pr
Slide 7: Review: Transport Segment
4 December 2020 Financial Review Transport Segment For personal use only Revenue NPBT Up 72% Up 9% $69.9m $3.3m $69.9 m $64.1 m $3.3 m $1.9 m Dec-20 Dec-19 Dec-20 Dec-19 ➢ Revenue up 9% on last year ➢ The WA market has strengthened over the period ➢ Interstate freight revenue has continued to grow o
Slide 8: Review: Logistics Segment
4 December 2020 Financial Review Logistics Segment For personal use only Revenue NPBT Up 717% Up 7% $45.6m $3.1m $45.6 m $42.4 m $3.1 m $0.4 m Dec-20 Dec-19 Dec-20 Dec-19 ➢ Revenue for the segment for the December 20 half year is ➢ Flooring business operating leverage improved as a result of $3.2m u
Slide 9: Review: Property Segment
4 December 2020 Financial Review Property Segment For personal use only Assets Liabilities Up <1% Down 14% Gearing $67.0m $33.0m $193.2 m $193.4 m $67.0 m $66.9 m $38.6 m $33.0 m $106.4 m $111.8 m Gearing % Dec 20 - 55% Jun 20 - 58% Dec-20 Jun-20 Dec-20 Jun-20 Dec-20 Jun-20 ➢ No material movement in
Slide 10: Review: Consolidated Balance Sheet
4 December 2020 Financial Review Consolidated Balance Sheet For personal use only Dec 2020 June 2020 Commentary ($M) ($M) Assets Cash and cash equivalents 6.3 7.6 ➢ Strong cash generation during the period with focus on available cash to increase liquidity Receivables and prepayments 30.9 29.9 ➢ Deb
Slide 11: Review: Corporate Dashboard
4 December 2020 Financial Review Corporate Dashboard For personal use only Percentage Number of Shareholders at 31 January 2021 of Issued CTI Logistics Limited – share price and trading volume FPO Capital (%) 1 David R Watson 25,335,776 32.60% 2 JP Morgan Nominees Australia Ltd 9,931,723 12.78% 3 Si
Slide 12: Customer Focused
5 Customer Focused CTI Logistics working with leading brands For personal use only Upgraded Logistics Site CTI Financial Results 31 December 2020 12 South Australia
Slide 13: FY21 Priorities
6 FY21 Priorities Customer focus, operational efficiencies, property development For personal use only CTI Logistics: While first half trading was strong, we remain cautious on future trading conditions particularly in light of the COVID situation and progress of the economic recovery WA Regional Fr
Slide 14: CTI Wrapping Services, GMK Flooring Services
For personal use only CTI Wrapping Services GMK Flooring Services CTI Financial Results 31 December 2020 14
Slide 15: What we do: Transport
7 What we do Transport For personal use only Couriers Parcels ▪ On demand express services ▪ Same day and overnight distribution ▪ Technical services (eftpos and computer swap-outs) ▪ E-commerce “last mile” B2B and B2C ▪ Vehicles range from push-bikes in CBD to two tonne capacity ▪ One, two and thre
Slide 16: Upgraded Logistics Site, South Australia
For personal use only Upgraded Logistics Site South Australia CTI Financial Results 31 December 2020 16
Slide 17: What we do: Logistics
7 What we do Logistics For personal use only Warehousing E-commerce Fulfilment ▪ 3PL, 4PL, supply chain and overflow warehousing ▪ Inventory storage and management ▪ Contracted distribution centre services ▪ Pick and pack ▪ Bulk product storage ▪ Labelling, reworking and kitting ▪ Consolidation serv
Slide 18: What we do: Other
7 What we do Other For personal use only Document Management Security ▪ Document and Sample Storage: ▪ Monitoring: Secure storage, cataloguing and retrieval of ASIAL A1 graded 24/7 control room monitoring of alarms, documents, computer media and mineral samples lone worker protection, medical alerts
Slide 19: Disclaimer
Disclaimer For personal use only This presentation contains general and background information about CTI Logistics Limited (CTI, the Company) current as at the date of the presentation and should not be considered to be comprehensive or complete or to comprise all the information that an investor sh