Stealth Group Holdings Ltd. · ASX:SGI
Stealth — H1 2025 Earnings Presentation
41 slides from Stealth's earnings presentation, Feb 25, 2025
Slide 1: Half-Year 2025 Results Briefing Presentation
An Australian Distribution Company of Industrial, Safety, Automotive, Workplace & Consumer, Everyday Products. Half-Year 2025 Results Briefing Presentation 25 February 2025
Slide 2: Disclaimer
Disclaimer. This document has been prepared by Stealth Group Holdings Ltd (the Company) and is provided for information purposes To the maximum extent permitted by law, each Limited Party expressly disclaims any and all liability, including, without only. This document does not constitute an offer,
Slide 3: Presentation outline
Presentation outline. Item Slide Group Overview 4 Group Performance Overview 9 Financial Performance 14 Trading Update & Outlook 21 Questions 24 Appendix: Additional Financial Information 26 Appendix: Strategy 30 Appendix: Company Information 34 More detailed information regarding Stealth Group’s 20
Slide 4: Group Overview
01 Group Overview Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 4
Slide 5: Our Approach
Our Approach. Our ongoing commitment is building and growing a thriving business with a OUR GOAL long-term growth outlook, delivering value for all stakeholders. We are a quality company to invest in. To be Australia’s market-leading distributor for industrial, safety, automotive, workplace and cons
Slide 6: Corporate Information
Corporate Information KEY FUNDAMENTALS SHARE PRICE CHART 24 Feb 2025 ASX Code SGI Website stealthgi.com Total shareholder return 1-year +103% Total shareholder return 3-year +306% Current Share Price $0.54 Total Shares 117,032,953 Market Cap ($m) $63.2m Industry Sector Industrials OUR BUSINESES BOAR
Slide 7: We are a quality company to invest in
We are a quality company to invest in. High growth company delivering record performance. Well-positioned in a period of significant momentum and Diversified portfolio with a resilient wide-range everyday products offer that is gaining market share in a resonating with more customers and taking mark
Slide 8: Our Businesses
Our Businesses…we operate in two segments We are a distributor, a wholesaler and a retailer Industrials Group The Industrial Services Group is the leading distributor and a retailer of a wide- OUR STRENGTHS range of industrial, safety, automotive and workplace products and other related products and
Slide 9: Group Performance
01 Group Performance Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 9
Slide 10: 2025 Half-year performance summary
2025 Half-year performance summary. Strong results reflect a period of significant momentum in strategy and highlights the resilience of our diversified everyday products across quality portfolio of businesses. Significant growth across Results reflect strong Performance highlights the Looking ahead
Slide 11: 2025 Half-year overview
2025 Half-year overview. Revenue EBITDA The company has outperformed across most key metrics. up 27% to up 78% to $71.5m $5.0m Record performance with NPAT for the HY exceeding full-year 2024 profit. $73.5m gross sales. 7% of revenue. A company first. Superior shareholder returns with 1-year TSR of
Slide 12: Progress on strategy
Progress on strategy…additional 2025 half-year achievements. Strategic Integration • Force Technology, acquired in June 2024, has been successfully integrated to form a new Consumer division. • Over 95% of orders now come from repeat customers. Customer Value • Average order value per active custome
Slide 13: Divisional highlights
Divisional highlights…deep dive. INDUSTRIAL DIVISION CONSUMER DIVISION BRANDS HIRE BUSINESS 01 02 03 04 05 06 Business & Trade. Trade & Retail. Wholesale.. Retail & Business. Exclusive, Own-label & Hire business Private-label brands. Technology • Performance highlights the • Benefited from productiv
Slide 14: Financial Performance
02 Financial Performance Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 14
Slide 15: Group Performance Summary
Group Performance Summary. Year ended 31 December 2024 ($millions) unless shown otherwise 1H25 1H24 Variance % Key financials Sales 73.54 56.50 30.2 Revenue 71.47 56.50 26.5 Gross profit 21.04 16.60 26.7 Earnings before depreciation, amortisation, interest and tax 4.97 2.79 78.1 Earnings before inte
Slide 16: Performance Analysis – Sales and Profit
Performance Analysis – Sales and Profit Our strong performance is converting into growth in profit enhanced by scale. 1H25 Sales (before customer rebates) EBITDA margin ($m) NPBT margin ($m) NPAT margin ($m) 6.1 1.6 5.3 2.2 1.4 Consumer 30% 5.0 1.9 70% Industrial 4.0 Division Division 0.9 $73.5m 1.3
Slide 17: Divisional & Product Segment Sales Performance
Divisional & Product Segment Sales Performance. SUMMARY RESULTS TABLE COMMENTARY Total • Maintained solid performance within Industrial division, Half-year ended 31 December ($millions) 1H25 1H24 growth(%) demonstrating the resilience of its offer with sustained sales growth in Industrial (revenue)
Slide 18: Working Capital and Cash Flow
Working Capital and Cash Flow. COMMENTARY NET WORKING CAPITAL CASH MOVEMENT $millions 31 Dec 2024 31 Dec 2023 • Group operating cash flows increased 10.4% before tax, interest, and Statutory EBITDA 4.97 2.79 transaction costs. After these items, operating cash decreased by 3.1% to Operating cash flo
Slide 19: Group Balance Sheet and Debt Management
Group Balance Sheet and Debt Management. SUMMARY COMMENTARY VS. PRIOR PERIOD (PCP) $millions 31 Dec 2024 30 Jun 2024 • Strong capital management – Record cash balance of $10.40m Working capital – Committed unused bank facilities available of $5.67m. Cash 10.40 10.15 Trade and other receivables 17.65
Slide 20: Capital Management Framework
Capital Management Framework Our capital management framework supports investment in our business and to deliver a satisfactory return to shareholders over the long-term. Capital allocation and Capital management framework rightsizing costs Shareholder returns ROIC 8% SHAREHOLDER DISTRIBUTIONS Cents
Slide 21: Trading Update & Outlook
03 Trading Update & Outlook Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 21
Slide 22: Trading Update and Outlook
Trading Update and Outlook Stealth is well-positioned to outperform in a period of significant momentum, capitalising on emerging opportunities. • Our 1H25 net profit has surpassed the full-year performance of FY24. • Growth has continued into the first 8 weeks of 2H25, with revenue up 33.9% on same
Slide 23: Closing key messages
Closing key messages…. Our strategy is to take advantage of “a period of significance” and continue to execute growth opportunities. Period of significant FY2028 mid-term goal Growth catalysts momentum. • Well-placed diversified portfolio. • We remain on track to reach our FY28 goal of • Strong, val
Slide 24: Questions
04 Questions Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 24
Slide 25: Supplementary Information
05 Supplementary Information Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 25
Slide 26: Financial
FINANCIAL Supplementary Information 2025 Half-year results presentation © 2025 Stealth Group Holdings, LTD.
Slide 27: 2025 Half-Year Group Income Statement
2025 Half-Year Group Income Statement 1H25 record performance across revenue and profitability measures, demonstrating continued growth and resilience as Group executes on its strategic objectives. COMMENTARY VS. PRIOR PERIOD (PCP) SUMMARY RESULTS • Record revenue for the seventh consecutive year si
Slide 28: 4-year Historical Results Overview
4-year Historical Results Overview Historical half-year results table In $ millions unless otherwise stated 1H25 2H24 1H24 2H23 1H23 Revenue (continuing) 71.47 57.18 56.50 58.57 52.42 Gross profit 21.04 17.06 16.60 17.36 15.19 EBITDA 4.97 3.29 2.79 3.01 2.26 EBIT 3.29 1.87 1.38 1.52 0.80 PBT (contin
Slide 29: Half-year growth history in sales and gross profit
Half-year growth history in sales and gross profit. Sales Gross Profit ($ millions) ($ millions) 1st-Half 2nd-Half 1st-Half 2nd-Half 80 73.5 25.0 70 21.0 58.6 20.0 60 55.3 56.5 57.2 17.4 17.1 16.9 16.6 52.4 15.2 50 44.3 15.0 13.2 38.1 11.4 40 30 28.7 10.0 7.9 20 5.0 10 0 0.0 FY21 FY22 FY23 FY24 1H25
Slide 30: Strategy
STRATEGY Supplementary Information 2025 Half-year results presentation © 2025 Stealth Group Holdings, LTD.
Slide 31: Our 9-step FY28 strategic growth plan
Our 9-step FY28 strategic growth plan We'll bring customers our very best. The core elements of our strategy and growing in markets include; Proving a total Building and retaining the More Customer value and workplace solution. best team. better experiences. Everyday Best Lower cost % to obtain a pr
Slide 32: Horizon Map
Horizon Map...what's next in the FY25 growth agenda Updated January 2025 Value Future • Continue with FY28 strategic agenda. To 30 June 2025 • Strong, value-based offers focused on everyday products. • Expand range - exclusive brands, own-label, private-label • Launch Hire tool and equipment busines
Slide 33: Our Strategic Framework
Our Strategic Framework. Increase revenue, improve margins through operational efficiency and cost reduction while ensuring scalability and sustained growth. CREATE THE VALUE UPSIDE ENHANCE OUR OPERATING MODEL KEEP TRANSFORMING Business model Transaction-efficient Brand range Frequently renew our bus
Slide 34: Additional Company information
Additional Company information 2025 Half-year results presentation © 2025 Stealth Group Holdings, LTD.
Slide 35: About the Stealth Group
About the Stealth Group. We are a quality company to invest in Stealth Group Holdings is a leading Australian distribution company, providing a wide-range of industrial, safety, automotive, workplace and consumer products and solutions to businesses, trade-professionals and retail consumers through
Slide 36: Quick Facts
Quick Facts. 2014 Established. 2018 Listed for trading on the Australian Securities Exchange. 254+ Team members (as of publication). 51+ Network of Industrial store locations across Australia. 3,310+ Retail reseller stores across Australia. 200,000 Products held in our stores, branches and DC’s. © 2
Slide 37: Company Banners and Our Exclusive Brands
Company Banners and Our Exclusive Brands. Industrial Consumer Company Technology Banners Industrial Consumer Our Brands exclusive and own-label products “WATCH THIS SPACE” Industrial Consumer Some of our high-selling product brands distributed © 2025 Stealth Group Holdings Ltd. 37
Slide 38: Taking our everyday INDUSTRIAL products offer to multiple sectors
Taking our everyday INDUSTRIAL products offer to multiple sectors. BUSINESS CUSTOMERS TRADE PROFESSIONALS GOVERNMENT 77% of total sales are generated from mining, resources, mining • Mining and Resources • Electricians • Local Council services, infrastructure, construction, • Mining Services • Plumb
Slide 39: Taking our everyday CONSUMER products offer to multiple sectors
Taking our everyday CONSUMER products offer to multiple sectors. CHANNELS AND SECTORS CUSTOMERS • Convenience / FMCG The retail reseller store network consists of +3,310 locations Australia-wide. • Consumer Electronics • Corporate and Business Sectors Growth is driven by repeat and new sales with ma
Slide 40: Quality and sustainability
Quality and sustainability. Our framework encompasses quality assurance, APCO initiatives, supply chain solutions, and robust DC scale and capabilities, ensuring operational excellence and sustainable growth. Ethical compliance Independent testing – BSCI, SA8000, SMETA We partner with Intertek, a gl
Slide 41: Last Page
Last Page Stealth Group Holdings 2025 Half-year results presentation © 2025 Stealth Group Holdings Ltd. 41
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