AllHome Corp. · PSE:HOME
AllHome — 9M 2022 Earnings Presentation
12 slides from AllHome's earnings presentation, Nov 14, 2022
Slide 1: 9M 2022 Results Briefing
9M 2022 Results Briefing November 14, 2022
Slide 2: 9M 2022 Highlights
9M 2022 Highlights 36.2% 26.1% Gross Margin Expansion to 36.2% EBITDA Margin improvement to 26.1% vs. 34.2% in 9M2021 vs. 23.3% in 9M2021 and 29.7% in 9M2019 and 22.6% in 9M2022 Constant pursuit of improvement in Increased construction activity operational efficiencies throughout the country
Slide 3: Income Statement
Income Statement IN PHP MILLIONS 9M 2022 9M 2021 % Change Revenues 9,106 10,125 -10.1% Cost of Goods Sold 5,841 6,665 -12.4% Gross Profit 3,292 3,461 -4.9% Gross Profit Margin 36.2% 34.2% Other Income 182 234 -22.2% Operating Expenses 2,241 2,152 4.1% Operating Profit 1,232 1,543 -20.2% EBITDA 2,375
Slide 4: Financial Position
Financial Position IN PHP MILLIONS September 30, 2022 December 31, 2021 Current Assets 11,172 11,464 Noncurrent Assets 14,866 14,348 Total Assets 26,039 25,813 Current Liabilities 4,126 3,978 Noncurrent Liabilities 6,888 7,209 Total Liabilities 11,014 11,187 Capital Stock 3,750 3,750 Additional Paid
Slide 5: Operational Highlights
Operational Highlights Same store sales growth* No. of transactions (‘000s) Ave transaction size (PHP) 3,850 2,682 12.2% 2,291 3,841 9M2021 9M2022 9M2021 9M2022 9M2021 9M2022 -11.3% *9M2022 SSSG excludes Alabang stores
Slide 6: Working Capital
Working Capital Inventory turnover Trade receivables turnover Trade payables turnover Days Days Days 309 8 43 268 5 42 9M2021 9M2022 9M2021 9M2022 9M2021 9M2022 - Increase due to holiday buys and - Trade receivables days - Within the 30-60 credit term lower sales offtake during the period maintained
Slide 7: Shifting Consumer Habits
Shifting Consumer Habits Discretionary spending towards travel and leisure Hard category sales for end consumer still in off-cycle so resulting to lower demand on some categories. far this year but is expected to rebound in the next year +38.2% AllHome Hard Category Sales Increase in output from res
Slide 8: Our balanced category mix adapts to changing customer needs
Our balanced category mix adapts to changing customer needs Soft Categories Hard Categories 70% 3% 39% 61% 3% 14% 9% Hardware 30% Linens 23% Homewares 31% Tiles & Sanitary Wares 29% 18% Appliances Construction Furniture 11% 8% 20% 22% 5% 4% 9M2021 9M2022 9M2021 9M2022 58% 62% 64% 61% 70% 42% 38% 36%
Slide 9: Fundamental Strategies
Fundamental Strategies Operational Efficiencies Omnichannel Maximize Strategy Synergies Sustainable Margin Network Enhancement Expansion
Slide 10: Strategies
Maximize Synergies • The Company is looking to maximize identified and any potential synergies between the various companies within the Villar Group specifically the real estate business. Margin Enhancement Operational Efficiencies • Implement margin enhancement initiatives such as • Continued imple
Slide 11: Q&A
Q&A AllHome Website For Corporate www.allhome.com.ph Disclosures
Slide 12: Thank You!
Thank You!