Ntaw Holdings Limited. · ASX:NTD
Ntaw — FY2025 Earnings Presentation
18 slides from Ntaw's earnings presentation, Aug 28, 2025
Slide 1: Investor presentation – Year ended 30 June 2025
Investor presentation Year ended 30 June 2025
Slide 2: FY2026 will focus on three key elements
“While NTAW’s foundations improved in the second half of FY2025, FY2026 will focus on three key elements: Continue to challenge existing approaches, drive growth where we have strong positioning, and develop a strategic roadmap to leverage existing core capabilities and create new offerings to help
Slide 3: Overview
Overview • NTAW Holdings Limited (ASX: NTD) (‘NTAW’ or the ‘Group’) implemented substantial changes which significantly improved key financial indicators in the second half (‘2H2025’) of the financial year ended 30 June 2025 (‘FY2025’) to address the disappointing results in the last financial year
Slide 4: Improved financial metrics in 2H2025
Improved financial metrics in 2H2025 Group results 1H2025 2H2025 Change % 2H2025 financial highlights Sales relatively steady despite rescaling of Revenue - $'000 262,469 260,084* -1.0 operations Gross margins improved in a challenging trading Gross margin - % 28.9% 29.4%* +1.8 environment Expenses
Slide 5: We delivered on our commitments in 2H2025
We delivered on our commitments in 2H2025 Cost base reset Balance sheet strengthened • Cost reductions of $9 million were achieved in 2H2025. • Inventory reduced by 18.8% in 2H2025 with further NTAW undertook a comprehensive, Group-wide review of reduced targets set across the Group, focused on cost
Slide 6: We delivered on our commitments in 2H2025 (cont.)
We delivered on our commitments in 2H2025 (cont.) Senior Leadership team enhanced Black Rubber simplified • Warwick Hay - appointed CEO (1 January 2025) and • Rescaling completed with eight small regional stores Managing Director of the Group (1 July 2025). closed. • Rob Watson - appointed CEO of NT
Slide 7: FY2025 financial results
FY2025 financial results HOLDINGS LIMITED
Slide 8: Statement of profit or loss
Statement of profit or loss • Cessation of unprofitable third-party brands along with weaker retail and commercial sales were the primary contributors to the reduction in revenue year-on-year. • Gross margin variance is attributed to the sale of $15.6m of Dunlop inventory to Sumitomo. Underlying gro
Slide 9: Operating EBITDAI 1H2025 - 2H2025
Operating EBITDAI* 1H2025 - 2H2025 Subtitle • Improved gross margin in 2H2025 offset by small reduction of sales volumes. • Head count reduction in 2H2025 resulted in $3.9m reduction in employee benefits over 1H2025. • $3.1m saving in other expenses achieved during 2H2025. 2 * EBITDAI: Earnings Befo
Slide 10: Balance sheet
Balance sheet $’000 Jun-25 Jun-24 Current assets Cash and cash equivalents 46,993 38,886 Receivables 64,422 74,440 • Inventory reduction program resulted in Inventory 127,732 149,581 $47.0m cash holdings at 30 June 2025. Other current assets 3,378 5,172 Current tax asset/(liability) 1,036 (180) 243,
Slide 11: Cash flow summary
Cash flow summary • Strong operating cashflows of $27.1m generated in FY2025 (with $36.9m operating cash inflows in 2H2025). • $12.0m raised as part of Rights Issue during 1H2025. 11
Slide 12: FY2026 priorities
FY2026 priorities Balance sheet flexibility Revenue and margin improvements • Embedded inventory management processes across • Focus on growing core wholesale brands in Australia and New major distribution centres to ensure alignment between Zealand with existing customers to increase share of walle
Slide 13: FY2026 priorities (cont.)
FY2026 priorities (cont.) Cost base refinements continue Strengthen core supplier partnerships • Maintenance of cost base while growing sales. • Continued rationalisation of brands, consolidating supply arrangements with core partners to drive a more focused • Review of warehousing configurations to
Slide 14: Outlook
Outlook HOLDINGS LIMITED
Slide 15: Outlook
Outlook Revenue for FY2026 will reflect the previously announced cessation of Dunlop distribution in Australia. Excluding this impact, NTAW is forecasting conservative sales growth consistent with subdued consumer sentiment and low economic growth across Australia and New Zealand, supported by prude
Slide 16: Important Information and Disclaimer
Important Information and Disclaimer This presentation may contain certain unaudited financial information in relation to NTAW Holdings Limited (“NTAW Holdings” or “Company” or “Group”). As such, it has not been subject to an audit or an audit process or otherwise independently verified. This presen
Slide 17: Appendix A
Appendix A NTAW Holdings Limited is the largest independent tyre and wheel importer in Australia and New Zealand. The Group has about 800 employees serving more than 3,500 B2B customers, going further to help them win in a highly competitive industry. The Group is engaged in brand building, logistic
Slide 18: Appendix B
Appendix B Focus on winnable segments of a $5.5 billion industry 17