AEM Holdings Ltd. · SGX:AWX
AEM — Q3 2018 Earnings Presentation
16 slides from AEM's earnings presentation, Oct 31, 2018
Slide 1: 3Q2018 Results Presentation
3Q2018 Results Presentation AEM Holdings Ltd | 31 October 2018
Slide 2: Disclaimer
Disclaimer This is a presentation of general information relating to the current activities of AEM Holdings Ltd (“AEM”). It is given in summary form and does not purport to be complete. In addition, the presentation may contain forward- looking statements relating to financial trends for future peri
Slide 3: 3Q18 Financial Performance
3Q18 Financial Performance S$’M Revenue (Quarterly) S$’M Revenue (YTD) 245.0 85.0 84.7 223.0 195.0 75.0 72.7 145.0 65.0 162.6 55.0 58.1 95.0 45.0 45.0 3Q17 2Q18 3Q18 9M17 9M18 S$’M PBT & Margin (Quarterly) S$’M PBT & Margin (YTD) 14.0 25.0% 40.0 17.0% 13.5 13.8 16.1% 20.0% 15.8% 15.0% 13.0 35.0 20.1
Slide 4: Financial highlights – Key Performance Summary
Financial highlights – Key Performance Summary Qtr year-on-year Qtr sequential YTD year-on-year FY18 ($'000) 3Q2018 3Q2017 Change % 2Q2018 Change % 9M2018 9M2017 Change % Guidance Revenue 84,668 58,113 45.7% 72,658 16.5% 222,976 162,574 37.2% 255,000 Material cost (excl obsol) 57,453 35,882 60.1% 49
Slide 5: Financial highlights – Proforma Financial Summary
Financial highlights – Proforma Financial Summary Qtr year-on-year Qtr sequential YTD year-on-year FY18 ($'000) 3Q2018 3Q2017 Change % 2Q2018 Change % 9M2018 9M2017 Change % Guidance Profit before tax 13,754 11,664 17.9% 11,519 19.4% 35,286 26,217 34.6% Non operating expense 624 - NM - NM 624 - NM O
Slide 6: Financial highlights – Financial Position
Financial highlights – Financial Position 30-Sep-18 30-Jun-18 31-Dec-17 Financial position S$’000 S$’000 S$’000 Property, plant and equipment 6,249 4,663 3,623 Intangible assets and goodwill 16,324 15,811 3,449 Cash and cash equivalents 42,539 46,271 46,095 Current assets less current liabilites 59,
Slide 7: Financial Performance
Financial Performance S$'M Positive Cash Generated 65.0 Cash Balance Accumulated dividend payments & share buyback 55.0 Accumulated cash used for investment 45.0 46.1 46.3 42.5 43.0 35.0 25.0 15.0 5.0 3Q2017 4Q2017 1Q2018 2Q2018 3Q2018 S$'M Consistent EBITDA Generated 14.0 Cash Paid (9M2018) S$'M 12
Slide 8: Financial Performance
Financial Performance S$'M 250 Revenue Type 6.8 (3%) 200 (47%) 104.1 150 100 1.2 (1%) 1.6 (2%) (50%) (3%) 110.7 1.4 48.1 34.4 (48%) (57%) 50 23.3 (40%) 33.4 (57%) 36.7 (50%) 35.4 (42%) 0 FY2017 3Q2017 2Q2018 3Q2018 Tools / Machine Kits, Spares & Services Precision Components 8
Slide 9: Business & Operational Updates
Business & Operational Updates
Slide 10: Future earnings through consumables, new programs and M&A
Future earnings through consumables, new programs and M&A HDMT program expected to hit maturity in 2019. Earnings will be driven through HDMT consumables, new key account programs, and new business units from 2019 and beyond 2017 2018 2019 • Strong growth ramp for HDMT u u Core account • HDMT replac
Slide 11: Expectations going into 2019
Expectations going into 2019 Our business is on a solid growth footing as our investments continue to pay off 1 HDMT platform is in full commercial deployment - expect occasional quarterly burst demand, and continued demand for kits and pans (upgrades) • Existing fleet replacement cycle from 2019 on
Slide 12: Selected Business Unit Updates
Selected Business Unit Updates
Slide 13: Test Measurement System – 5G cable testing win at Huawei
Test Measurement System – 5G cable testing win at Huawei • Huawei’s 5G Rollout • AEM to offer test solution in collaboration with Huawei and CETC23 for qualifying high- performance short reach The 5G test equipment market comprising of signal and cabling links for Huawei’s network analyzers, is esti
Slide 14: NovoFlex hits milestone with MasterCard and other payment certifications
NovoFlex hits milestone with MasterCard and other payment certifications Novoflex sAiL Inlay Plastic substrate Smart chip Etched aluminium antenna Aluminium contact pad 14
Slide 15: Recap: investment highlights
Recap: investment highlights • Provider of strongly differentiated high-end test handlers with proven, defensible competitive positioning • Proven ability to service the most demanding large-scale manufacturing customers: microprocessors, solar, smart cards • Strategic relationship with one of the w
Slide 16: Thank You
Thank You Investor relations contact : Financial PR Pte Ltd Romil SINGH / Reyna Mei Tel: 6438 2990 / Fax: 6438 0064 E-mail: romil@financialpr.com.sg / reyna@financialpr.com.sg