13 slides from Al Hassan Ghazi Ibrahim Shaker's earnings presentation, May 28, 2024
Slide 1: Earnings Presentation – Q1 FY24
Shaker Earnings Presentation – Q1 FY24 May 28, 2024
Slide 2: Today's Presenters
Today’s Presenters Mohammed Abunayyan Mazen ElGhafeer Firas Al Sayegh Chief Executive Officer Vice President– Finance Vice President – Strategy & Shared Services Page 2
Slide 3: Disclaimer
Disclaimer This presentation has been prepared solely for use as an investor presentation for Shaker (the “Company”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purposes only and d
Slide 4: Agenda
Agenda 1. Q1-FY24 Financial performance 2. Strategic Priorities 2024 3. Q&A Session Page 4
Slide 5: Q1 FY2024 Financial Performance
Q1 FY2024 FINANCIAL PERFORMANCE
Slide 6: Q1 FY24 Highlights
Q1 FY24 Highlights Landmark MoU with LG and Ministry of Localization of manufacturing of LG Investment of Saudi Arabia (MISA) to Electronics Multi V5 unit featuring the explore local manufacturing of AC cutting-edge Variable Refrigerant Flow compressors in the Kingdom (VRF) technology Phase 1 of SAP
Slide 7: Key Highlights: Q1 2024
Key Highlights: Q1 2024 Revenue by Segment SAR (Millions) Gross Profit +12.24% Gross Profit Margin -1.48pp +19.24% Q1 2024 97.77 Q1 2024 23.66% Q1 2023 87.11 Q1 2023 25.13% Q1 2023 0.31 Q1 2024 0.08% EBITDA -0.15% EBITDA Margin -2.16pp Q1 2024 45.96 Q1 2024 11.12% 154.37 37.35% Q1 2023 46.03 Q1 2023
Slide 8: Healthy Balance Sheet
Healthy Balance Sheet Key Return Ratios (YoY) ROA* +0.32pp ROE* +0.09pp 4.22% 4.30% Q1 2024 Q1 2024 4.30% 1.93% Q1 2023 1.61% Q1 2023 4.22% 1.93% 1.61% Return on Return on Assets Equity Current Ratio +4.21% Total Borrowings/Equity** -33.10% Q1 2023 Q1 2024 Q1 2024 1.12x Q1 2024 0.52 Q1 2023 1.07x Q1
Slide 9: Leverage Levels: Q1 2024
Leverage Levels: Q1 2024 Short-term Borrowings Total Liabilities/Total Assets -9.21% Total Liabilities/Equity1 -22.69% -34.43% Q1 2024 0.55x Q1 2024 1.23x Q1-2023 0.61x Q1 2023 1.60x Short Term 251 (LCs) 114.81 557.91 365.81 Short Term 281.43 276.48 Interest Coverage Ratio2 +25.23% Net Debt/Equity1,
Slide 10: Cash Flow Bridge
Cash Flow Bridge Highlights • Net Cash position was 42.0 mn compared to 2023 year-end of 18.8 mn mainly driven by higher cash flow from operating activities Includes • Cash Flow from operating Zakat, activities mainly driven by Finance higher profitability. Costs, & • Cash Flow from financing EOSB A
Slide 11: Strategic Priorities for 2024
Strategic Priorities for 2024 Expanding Optimize Enhance Disciplined Market Inventory Operational capital Footprint Levels Efficiency allocation • Expand HVAC • Streamlining • Transitioning to • Deleveraging of solutions (B2B & inventory for SAP’s S/4 Hanna balance sheet B2C) efficiency • Roll out i
Slide 12: Q&A Session
! : P Q&A Session + 4.
Slide 13: Contact
CONTACT MR. FIRAS AL SAYEGH VICE PRESIDENT – STRATEGY & SHARED SERVICES F.ALSAYEGH@SHAKER.COM.SA +966-11-2638900 EXT. 11489 MR. MAZEN ELGHAFEER VICE PRESIDENT FINANCE M.GHAFEER@SHAKER.COM.SA