Synergy House Bhd · MYX:SYNERGY
Synergy House Bhd — Q2 2025 Earnings Presentation
22 slides from Synergy House Bhd's earnings presentation, Aug 14, 2025
Slide 1: Synergy House Berhad Q2FY2025 Analysts & Fund Managers Briefing
SYNERGY HOUSE BERHAD Q2FY2025 ANALYSTS & FUND MANAGERS BRIEFING 14 AUGUST 2025 August 2023 | page 1 / 29 | private and confidential
Slide 2: 2025. A Year of Surprises.
2025. A Year of Surprises.
Slide 3: Tariffs. Shifting markets. Changing needs.
Tariffs. Shifting markets. Changing needs.
Slide 4: Every challenge is a chance to grow.
Every challenge is a chance to grow.
Slide 5: Move 1: Turn the 19% Tariff into Advantage
Move 1: Turn the 19% Tariff into Advantage Value. Smarter Products. Lean & Agile.
Slide 6: Move 2: Strengthen Core B2C
Move 2: Strengthen Core B2C Upgrade. Expand. Grow.
Slide 7: Move 3: AI & RPA – Work Smarter
Move 3: AI & RPA – Work Smarter
Slide 8: E-commerce is Our Future
E-commerce is Our Future
Slide 9: Two Big Projects
Two Big Projects E-commerce Enabler | RPA Business
Slide 10: Stronger. Smarter. More Scalable.
Stronger. Smarter. More Scalable.
Slide 11: Our Best Days Are Ahead.
Our Best Days Are Ahead.
Slide 12: Financial Performance
FINANCIAL PERFORMANCE August 2023 | page 12 / 29 | private and confidential
Slide 13: Synergy House Snapshot
SYNERGY 7 >18 >3,000 HOUSE SNAPSHOT As at 30 June 2025 Markets Marketplaces SKUs RM157.0 million 1H FY25 Revenue RM3.5 million 1H FY25 PATMI 96.2% Export Revenue Key export markets include USA, UK, UAE, Canada, Germany, and France 41% - B2B 59% - B2C SEGMENTAL BREAKDOWN
Slide 14: Q2FY2025 Financial Review
FINANCIAL PERFORMANCE 014 Q2FY2025 Financial Review FYE 31 Dec FY24 Achieved Revenue of RM69.0M; Remains resilient in 2QFY25 Q2FY25 Q2FY24 % chg 1H FY25 1H FY24 % chg (RM mil) (Audited) • Group revenue declined 11% to RM69.0m ➢ B2C remains resilient; grew modestly by 0.6% to RM42.1m (127k pcs); Reve
Slide 15: Q2FY2025 Financial Review: Revenue Movement
FINANCIAL PERFORMANCE 015 Q2FY2025 Financial Review REVENUE (RM mil) MOVEMENT IN SEGMENTAL REVENUE (RM MIL) 1H FY2025: RM157.0 million B2B YoY (1H FY2024: RM161.0 million) B2C 77.4 9.1% 10.9% 161.0 7.8 157.0 69.0 -11.7 15.6% YoY YoY 0.5% 41.9 24.2% 42.1 35.5 26.9 Q2FY2024 Q2FY2025 1H FY2024 1H FY202
Slide 16: Quarterly Performance Review
FINANCIAL PERFORMANCE 016 Quarterly Performance Review Record Quarterly Revenue of RM69.0m; RM mil 114.0 117.4 PBT RM1.8 in Q2FY25 90.8 88.1 • Quarter 2 generally is the softer quarter based on past trend. REVENUE 83.7 77.4 69.2 69.0 • Continue scaling with Wayfair by upgrading price range and expan
Slide 17: Financial Position
FINANCIAL PERFORMANCE 017 Financial Position RM MIL 30 Jun 2025 31 Dec 2024 SOLID BALANCE SHEET % chg (Unaudited) (Audited) • Net gearing improved to 0.04x as at end-Jun 2025 ➢ Repayment of bank borrowing amounted to RM36.4m Non-Current Assets 66.5 66.2 + 0.5% ➢ Cash & bank balances and liquid short
Slide 18: Revenue Performance by Segment (FY20 – 1HFY25)
FINANCIAL PERFORMANCE 018 Revenue Performance by Segment (FY20 – 1HFY25) B2B B2C 193.99 121.7 49% 49.6 24.8 45% 13% 26% 5.3 4% 93.3 198.4 51% 159.5 87% 144.5 74% 148.6 55% 117.6 96% 58% 63.8 (RM Mil) 42% TOTAL 122.9 184.3 194.1 270.2 392.4 157.0 FY2020 FY2021 FY2022 FY2023 FY2024 1HFY2025
Slide 19: Group Performance by Region (B2C)
FINANCIAL PERFORMANCE 019 Group Performance by Region (B2C) REVENUE (RM mil) 140.0 • Commenced selling in 2020 through Wayfair 104.0 • Largest market for furniture e-commerce globally 64.8 • CAGR 228.65% over 4 years 39.0 14.4 1.2 2020 2021 2022 2023 2024 2025 (1H) • Commenced selling in 2022 7.0 •
Slide 20: Group Performance by Region (B2C)
FINANCIAL PERFORMANCE 020 Group Performance by Region (B2C) REVENUE (RM mil) 34.2 • Commenced selling in 2022 16.1 8.6 • FY24 sales has been increased by 298% as compared 0.2 to FY23 2022 2023 2024 2025 • CAGR 1,207.67% over 2 years (1H) 0.8 • Commenced selling in 2023 0.5 • FY24 sales has been incr
Slide 21: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumpti
Slide 22: Q&A Session
Q&A SESSION August 2023 | page 22 / 29 | private and confidential