Alliance Healthcare Group Ltd. · SGX:MIJ
Alliance Healthcare — Investor Presentation (June 2020)
23 slides from Alliance Healthcare's investor presentation, Jun 9, 2020
Slide 1: Disclaimer
Disclaimer This presentation on 9 June 2020 for POEMS should be read in conjunction with the offer document issued by the Company dated 29 May 2019 and the announcements released by the Company on the SGXNET including the Group's last annual report for its financial year ended 30 June 2019 and its r
Slide 2: Ensuring Quality Care Remains Affordable and Accessible
Ensuring Quality Care Remains Affordable and Accessible to Individuals & Organizations Managed Healthcare 1,000 Panel Clinics GP Clinic Clinic Specialist Care Pharmaceutical Mobile Care Services Services Services Services 16 5 2 500 Listed Storage Facilities Panel Nurses May 2019
Slide 3: Managed Healthcare Solutions: How Does It Work?
Managed Healthcare Solutions: Solutions: How Does It Work? • Preferred Rates • Fee Transparency • Improved Efficiency • Quality Assurance Payment Health Insurers/ Companies MEDINET SYSTEM MEDINET SYSTEM Cashless Employees Treatments Island-wide Panel of Medical Benefit > 1,000 Clinics
Slide 4: Managed Healthcare Solutions: Alliance Healthcare Network
Managed Healthcare Solutions : Alliance Healthcare Network >1,000 Medical Services Providers GP Specialist Dental Physiotherapy TCM Oncology Dialysis GRH^ *Cashless facilities ^Government restructured hospital 4
Slide 5: Managed Healthcare Solutions: Business Growth
Managed Healthcare Solutions: Business Growth Appointed by Entered into arrangements with Best Corporate Healthcare Group* 9 Insurers in Singapore over 3,000# corporations Best Corporate Healthcare Solution* HRM Asia’s Readers’ Choice Award # As at 30 April 2020 *Awarded in December 2019 5
Slide 6: Managed Healthcare Solutions: Business Growth
Managed Healthcare Solutions: Business Growth Wins Contract to Provide Managed Healthcare Solutions 3000 to Cigna Europe Insurance Company S.A. – N.V. Singapore Branch 2800 Number of Companies* 2833 Wins Contract to Provide Managed Healthcare Solutions 2600 to Major Healthcare Institutions 2400 2340
Slide 7: GP Clinic, Specialist Care and Pharmaceutical Services
GP Clinic Services Specialist Care Services Colorectal | ENT | Orthopaedic Pharmaceutical Services Commercial Drugs | Drug Shortages| Orphan Drugs Mobile Healthcare Services 7
Slide 8: Growth Plans
Growth Plans 8
Slide 9: 1. Mobile Healthcare Services
1. Mobile Healthcare Services Quality Healthcare @ Home and Workplaces 9
Slide 10: 2. Tele-medicine
2. Tele-medicine Healthcare Made Simple Launched to corporate clients in May 2020 10
Slide 11: 11
11
Slide 12: 3. Regional Medical Network
Exclusive Collaboration 3. Regional Medical Network > 6,000 Regional Network Providers 12
Slide 13: Ensuring Quality Care Remains Affordable and Accessible
Ensuring Quality Care Remains Affordable and Accessible to Individuals & Organizations Managed Healthcare 1,000 Panel Clinics GP Clinic Clinic Specialist Care Pharmaceutical Mobile Care Services Services Services Services 16 5 2 500 Listed Storage Facilities Panel Nurses May 2019
Slide 14: Financial Highlights
The Company was incorporated in Singapore on 6 June 2006 under the Companies Act (Chapter 50) of Singapore and listed on the Catalist board of the SGX-ST on 31 May 2019. Unless otherwise defined, capitalised terms used herein shall have the same meaning as ascribed thereto in the Company’s offer doc
Slide 15: Results for Half Year Ended 31/12/2019 (HY2020)
Results for Half Year Ended 31/12/2019 (“HY2020") Revenue Adjusted EBITDA Net Profit to Owners 25 3.5 2 20 3 2.5 1.5 15 S$20.8m 2 S$3.2m 1 S$1.6m 10 HY2020 S$17.0m 1.5 HY2020 S$1.9m* HY2020 HY2019 1 HY2019 0.5 S$0.5m 5 0.5 HY2019 0 0 0 Revenue Adjusted EBITDA Net Profit to Owners ↑22.3% YOY ↑72.8% Y
Slide 16: Results for Half Year Ended 31/12/2019 (HY2020)
Results for Half Year Ended 31/12/2019 (“HY2020") REVENUE REVENUE (%) (S$m) ↑3.7% YOY Specialist Care Services ↑88.6% YOY 24% HY2020 GP Clinics 41% ↑25.0% YOY Pharmaceutical Services ↑12.0% YOY Managed 21% Healthcare 0 2 4 6 8 10 Solutions 14% GP Clinics Specialist Care Services Pharmaceutical Servi
Slide 17: Results for Half Year Ended 31/12/2019 (HY2020)
Results for Half Year Ended 31/12/2019 (“HY2020") S$9.1m S$1.1m Net Cash* Operating Cashflow S$0.4m CAPEX Generated Healthy Balance Sheet * Cash less financial liabilities Maintained healthy balance sheet with positive free cashflow generated •Net asset value per share S$0.0881 (as at 31 December 20
Slide 18: Historical Financials
HISTORICAL FINANCIALS REVENUE CONTRIBUTION BY SEGMENTS EBITDA CONTRIBUTION BY SEGMENTS (S$m) (S$m) 40 5 35 6.1% 4 14.3% 20.4% 14.2% 30 16.4% 3 10.8% 38.0% 14.3% 15.8% 25 25.2% 19.8% 29.0% 2 17.6% 34.8% 21.4% 20 12.1% 14.4% 60.1% 13.4% 14.5% 1 15 43.7% 28.4% 32.1% 0 10 FY2017 FY2018 FY2019 50.9% 46.1
Slide 19: Historical Financials
HISTORICAL FINANCIALS S$m FY2017 FY2018 FY2019 EBITDA Margins# Managed Healthcare Solutions 9.7% 32.0% 25.4% Specialist Care Services 11.9% 13.4% 11.4% Pharmaceutical Services 8.8% 8.7% 8.9% GP Clinics 9.2% 8.3% 4.3% # EBITDA Margins = EBITDA / Revenue 19
Slide 20: Historical Financials
HISTORICAL FINANCIALS S$m FY2017 FY2018 FY2019 HY2019 HY2020 Financials Revenue 29.4 33.8 36.5 17.0 20.8 Adjusted EBITDA# 3.2 4.5 3.5 1.9 3.2 Adjusted EBIT## 2.0 3.5 2.6 1.4 2.1 Net Profit to Owners 1.3 3.1 0.3 0.5 1.6 Adjusted Net Profit to Owners* -- -- 1.6 1.0 -- Margins EBITDA# 10.7% 13.4% 9.5%
Slide 21: Balance Sheet
BALANCE SHEET S$m FY2017 FY2018 FY2019 HY2020 Cash and cash equivalents 5.8 8.8 14.3 14.2 Current assets 16.2 19.0 26.2 28.2 Total assets 22.9 26.9 35.5 40.3 Other financial liabilities (current) 2.9 1.1 1.2 1.2 Other financial liabilities 0.8 3.1 4.0 3.9 (non-current) Current liabilities 18.3 16.8
Slide 22: Net Operating Cashflow & Financial Ratios
NET OPERATING CASHFLOW & FINANCIAL RATIOS CASHFLOW FY2017 FY2018 FY2019 Net Operating Cashflow (S$’m) 2.3 5.6 2.9 RATIOS FY2017 FY2018 FY2019 Current Ratio (times) 0.9 1.1 1.7 Gearing Ratio (times) 1.0 0.6 0.3 Nav per share (SGD cents) 3.85 8.03 EPS (SGD cents) 2.08 0.19 22
Slide 23: Thank you!
Thank you!
Alliance Healthcare Group — Investor Presentation (June 2020) on 6ix