Axelum Resources Corp. · PSE:AXLM
Axelum Resources — Q1 2024 Earnings Presentation
8 slides from Axelum Resources's earnings presentation, May 2024
Slide 1: 1st Quarter 2024 Financial Results
1st Quarter 2024 Financial Results May 2024
Slide 2: Q1 2024 Key Highlights
Q1 2024 Key Highlights Reports sharp positive turnaround driven by gradual market recovery Discussion › Sales: Double-digit volume growth across core Sales Gross Profit product segments; tempering macro economic pressures translating to improved market demand ₱1.6 Bn ₱392 Mn (YTD) (YTD) › Gross Prof
Slide 3: Sales Mix
Sales Mix Core product segments account for 90% of topline; increased contribution from Europe By Product Segment By Geography 6% 10% 5% 15% 67% 90% 7% Core Products Others United States Philippines Europe Australia Asia 3
Slide 4: Consolidated Income Statement: Q1 2024
Consolidated Income Statement: Q1 2024 Results Discussion Sales Gross Profit in PHP Mn in PHP Mn • Sales: Volume-led topline growth across core product segments – desiccated coconut, coconut water and 1,576 392 sweetened coconut 1,361 245 • Gross Profit: Attributed to increased topline and contribut
Slide 5: Consolidated Balance Sheet and Key Ratios
Consolidated Balance Sheet and Key Ratios Results Discussion Cash Inventories in PHP Mn in PHP Mn • Cash: Maintained healthy cash balance 1,948 1,951 • Inventories: Finished goods represent 61% of total 2,012 inventories 1,833 • Current Ratio: Sufficient liquidity levels to cover short- term obligat
Slide 6: Cashflow Summary
Cashflow Summary Cashflow (in PHP Mn) Discussion 4 • Operating Activities: Interest payments related to working capital loans • Investing Activities: CAPEX disbursement on facility upgrades • Financing Activities: Additional bank loan availments (3) (4) (5) Operating Investing Financing Net Decrease
Slide 7: Management Perspective
Management Perspective Abating macro headwinds in the USA fuelling consumption activity General Discussion Volume-led growth across core product segments signaling improved overall market demand CURRENT PERIOD SUMMARY Uptrend indications on average selling prices Manufacturing capacity fully-allocat
Slide 8: 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