Axelum Resources Corp. · PSE:AXLM
Axelum Resources — Q2 2023 Earnings Presentation
9 slides from Axelum Resources's earnings presentation, August 2023
Slide 1: 2nd Quarter 2023 Financial Results
2nd Quarter 2023 Financial Results August 2023
Slide 2: Q2 2023 Key Highlights
Q2 2023 Key Highlights Sequential volume improvement across most product segments indicative of initial recovery Discussion › Sales: Volume uptick for most product segments Sales Gross Profit led by coconut water and sweetened coconut ₱1.5 Bn ₱246 Mn › Gross Profit: Impact of lower average selling (
Slide 3: Management Perspective
Management Perspective Building on positive momentum for second half of the year General Discussion Pandemic-induced temporary inventory glut experienced in previous quarter is approaching its tail-end CURRENT PERIOD Significant volume rebound to drive positive turnaround in subsequent quarters SUMM
Slide 4: Sales Mix
Sales Mix Coconut water was largest revenue contributor in the first half due to robust volume growth By Product Segment By Geography 9% 6% 3% 7% 13% 30% 8% 7% 11% 72% 34% Desiccated Coconut Coconut Water Coconut Milk Powder Sweetened Coconut Coconut Milk/Cream Others United States Philippines Europ
Slide 5: Consolidated Income Statement: 1H 2023
Consolidated Income Statement: 1H 2023 Strongly positioned for recovery in 2H 2023 Discussion Sales Gross Profit in PHP Mn in PHP Mn • Sales: Topline boost in second quarter attributed to 3,375 sequential improvement in volumes for most product 862 segments 2,819 490 • Gross Profit: Lower average se
Slide 6: Consolidated Balance Sheet and Key Ratios
Consolidated Balance Sheet and Key Ratios Solid fiscal position Discussion Cash Inventories in PHP Mn in PHP Mn • Cash: Utilized for supplier payments and CAPEX funding 2,564 2,622 1,292 • Inventories: Elevated inventory level due to temporary 949 slowdown in revenue pace • Current Ratio: Higher inv
Slide 7: Cashflow Summary
Cashflow Summary Cashflow (in PHP Mn) Discussion 59 • Operating Activities: Attributed to loss from operations and settlement of accounts payables/accrued expenses • Investing Activities: Increased CAPEX spending in the second quarter (86) • Financing Activities: Additional short-term bank availment
Slide 8: Continuously Ramping Up Consumer Branded Business
Continuously Ramping Up Consumer Branded Business 01 Launched new coconut milk powder variant under homegrown label 02 Offers unique nutty taste and natural coconut aroma with the same healthy twist Perfectly suited for baked recipes, confectioneries, savory desserts and 03 dairy-substitute 04 Packa
Slide 9: Mailing Address, Contact Number, Email
Mailing Address 1052 EDSA Magallanes Village, Makati City, Metro Manila 1232 Contact Number +63 (2) 8851 0730 Email investor.relations@axelum.com.ph Website www.axelum.ph Facebook www.facebook.com/axelumofficial/ Instagram @fiestacoconutproducts Youtube @axelumofficial5437