Omg Group Limited · ASX:OMG
Omg — H1 2022 Earnings Presentation
20 slides from Omg's earnings presentation, Feb 28, 2022
Slide 1: 1H22 Results Presentation
1H22 Results Presentation 28 February 2022
Slide 2: Agenda
Agenda 01 02 03 04 Introduction and Brand Group financial Strategy update 1H22 highlights update overview & outlook 1H22 Results Presentation| February 2022 2
Slide 3: Key messages
Key messages Forbidden Foods continues to deliver on its strategic plan, achieving key milestones in 1H22 including the acquisition of Blue Dinosaur Pty Ltd Strong 1H22 revenue growth and significant improvements in operating cash flows Successfully secured $1.25m in debt facilities and completed a
Slide 4: Introduction and 1H22 highlights
01 Introduction and 1H22 highlights 1H22 Results Presentation| February 2022
Slide 5: Highlights | 1H22
Highlights | 1H22 Revenue Digital revenue Net assets Operating cash outflows $3.24m $517k $7.87m $1.57m Up 66.1% pcp Up 649.3% pcp Up 157.3% from 30 June 2021 Improved 16.3% from 1H21 Capital raised New digital customers Available funding Loss per share $5.8m 3,412 $4.31m 2.10c Includes $5.5m placem
Slide 6: Brand update
02 Brand update 1H22 Results Presentation| February 2022
Slide 7: Brand update
Brand update Sustainable packaging During the period, Blue Dinosaur became the first major Australian snack bar brand to implement home compostable wrappers with the release of its new Custard Bar. The wrapper is 100% organic, plant-based packaging which has been tested to decompose in home compost
Slide 8: Brand update
Brand update International development During the period, FUNCH launched multiple products on the back of demand from our international customers. On the back of the initial success of the 250ml plant-based edible oils, FUNCH released ‘Tiny Drops’, which are 50ml droppers specifically designed for c
Slide 9: Brand update
Brand update Plant-based meats Sensory Mill will be launching a range of plant-based meats in Q3 22, with the range to include Beef, Chicken, Pork and a Burger Mix. The unique range of plant-based meats has been diligently formulated to cater for a variety of modern diets expected from millennial co
Slide 10: Group financial overview
03 Group financial overview 1H22 Results Presentation| February 2022
Slide 11: Digital Commerce
Digital Commerce Revenue $’000 1H22 1H21 Change % Digital commerce has continued to grow rapidly, increasing 649.3% pcp to represent 16.0% of revenue in 1H22, an increase from 3.5% in 1H21. Blue Dinosaur 119 - 119 nm FUNCH 300 60 240 400.0% The growth in digital revenue has been driven by an increas
Slide 12: Finance performance
Finance performance $’000 1H22 1H21 Change % Sales revenue 3,238 1,950 1,288 66.1% Strong revenue growth across our brands, bolstered by the Blue Dinosaur 753 - 753 nm acquisition of Blue Dinosaur to the group on 30 September 2021. FUNCH 444 82 362 441.5% Sensory Mill 2,041 1,868 173 9.3% 1H22 deliv
Slide 13: Balance sheet
Balance sheet $’000 Dec 21 Dec 20 Change Higher inventory due to elevated trading post Blue Dinosaur acquisition and increased holdings Inventories 2,862 2,046 816 due to disruption to international supply chains Trade and other receivables 1,037 928 109 Trade and other payables (1,101) (1,369) 268
Slide 14: Cash flow movements
Cash flow movements $’000 1H22 1H21 Change Forbidden Foods is pleased with the improvement of 16.1% in EBITDA (1,757) (954) (84.2)% operating cash outflows, particularly after an increase in Working capital and non-cash movements 186 (919) nm inventory holdings and an increased level of marketing an
Slide 15: Working capital and non-cash items
Working capital and non-cash items $’000 1H22 1H21 Change Working capital and non-cash movements Increase in inventories (85) (994) (91.4)% Increase in trade receivables (132) (131) nm Increase/(decrease) in trade payables 218 (56) nm Increase in provisions 41 4 nm Net change in other working capita
Slide 16: Strategy update & outlook
04 Strategy update & outlook 1H22 Results Presentation| February 2022
Slide 17: Strategy Update
Strategy Update 01 02 03 04 International Digital Innovative product ESG & Carbon expansion commerce offering Neutral • Accelerate existing and • Invest in activities to ensure • Expand existing product • Continue to improve build new relationships in we own our customer data offerings packaging pra
Slide 18: ESG & Carbon Neutral
ESG & Carbon Neutral Strong ESG performance plays a significant role in enabling Forbidden Foods to anticipate and minimise the severity of a wide range of potentially material issues. Australia is one of the most efficient primary producers in the world, and our ESG strategies are designed to take
Slide 19: Disclaimer
Disclaimer This presentation has been prepared by Forbidden Foods Ltd ACN 616 507 334 (known as “Forbidden Foods”) to provide summary information about Forbidden Foods and its subsidiaries current as at the date of this presentation. This presentation was prepared on the 28 February 2022 and the inf
Slide 20: Investor Enquiries
Investor Enquiries Marcus Brown Chief Executive Officer & Managing Director marcus.brown@forbiddenfoods.com.au www.forbiddenfoods.com.au