Rpm Automotive Group Ltd. · ASX:RPM
Rpm Automotive — Shareholder Meeting (November 2023)
20 slides from Rpm Automotive's shareholder meeting presentation, Nov 22, 2023
Slide 1: Establishing a National Footprint in the Automotive Aftermarket
For personal use only ESTABLISHING A NATIONAL FOOTPRINT IN THE AUTOMOTIVE AFTERMARKET RPM AUTOMOTIVE GROUP LTD (ASX: RPM) AGM INVESTOR PRESENTATION | 22 NOVEMBER 2023 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 1
Slide 2: Four Complementary Divisions
FOUR COMPLEMENTARY DIVISIONS For personal use only REPAIRS PERFORMANCE WHEELS & ROADSIDE MOTORSPORT & ACCESSORIES & TYRES Commercial & industrial Certified race safety wear, Bolt on vehicle parts and Distribution of wheels and tyre and auto suits and helmets accessories tyres service centres Retail
Slide 3: Results Overview
For personal use only RESULTS OVERVIEW 3 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 3
Slide 4: FY23 Results Overview
FY23 RESULTS OVERVIEW FY23 FY22 Reconciliation of underlying For personal use only FY23 FY22 EBITDA ($,000) Revenue $117m $78.8m 48% Operating profit after tax 1,769 2,831 Revenue excluding discontinued operations $109m $70.8m 54% Income tax expense 702 1,255 Gross Profit $37.0m $27.5m 35% Operating
Slide 5: Track Record of Revenue and Earnings Growth
TRACK RECORD OF REVENUE AND EARNINGS GROWTH For personal use only Sales Revenue Underlying EBITDA (by division) ($m) (by division) ($m) 140 12 120 10 Key Highlights 100 8 80 • Resilient turnover growth in FY23 6 • Organic growth of over 8% in FY23 60 4 • Sales Revenue CAGR 35% 40 • EBITDA+ CAGR 50%
Slide 6: National Coverage in the Automotive Industry
NATIONAL COVERAGE IN THE AUTOMOTIVE INDUSTRY RPM business units offer wheels, tyres, accessories and apparel to For personal use only In brief both wholesale and retail (B2B commercial, industrial and consumer) customers 12 strategic acquisitions since Sept 2020 - leveraging operational Successful r
Slide 7: Diversified Revenue Streams
DIVERSIFIED REVENUE STREAMS For personal use only FY23 Revenue, GP Margin & EBITDA+ (by division) Revenue Gross Profit EBITDA+ $51.0m $33.5m $23.6m $15.0m $8.6m $10.5m $7.2m $3.7m $4.3m $3.2m $2.4m $1.3m Repairs & roadside Motorsport Performance & accessories Wheels & tyres REPAIRS PERFORMANCE WHEEL
Slide 8: Q1 FY24 Trading Update
Q1 FY24 TRADING UPDATE For personal use only Q1 FY24 Highlights • FY24 guidance reaffirmed • Continued revenue growth and improving margins • Wholesale tyre division strengthened with the acquisition of Chapel Corner Tyres • Cost benefits from restructure flowing through RPM AUTOMOTIVE GROUP LTD (AS
Slide 9: Company Strategy
For personal use only COMPANY STRATEGY 9 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 9
Slide 10: Three Core Strategies to Better Service Our Customers
THREE CORE STRATEGIES TO BETTER SERVICE OUR CUSTOMERS For personal use only Strategic initiatives Vertical integration Operating leverage • Identify complementary businesses • Capitalise on in house design • Consolidate brands to maximise to unlock synergies through cross capability to bring new pro
Slide 11: New Programs and Agreements
For personal use only NEW PROGRAMS AND AGREEMENTS 11 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 11
Slide 12: Tyre Recycling Program
TYRE RECYCLING PROGRAM RPM is improving sustainable practices in its operations For personal use only This expansion program is anticipated to launch prior to the end of FY24 and will provide a new and ever-growing revenue stream to our wholesale tyre division • Project initiation and inquiries comp
Slide 13: Strategic Alliances and Distribution Expansions
STRATEGIC ALLIANCES AND DISTRIBUTION EXPANSIONS For personal use only New agreement with Yokohama • Distribution partnership with Yokohama, one of the largest wheels & tyre businesses in the world • Strengthens RPM’s wholesale operations through collaborative efforts with Yokohama • Strategic allian
Slide 14: Outlook
For personal use only OUTLOOK 14 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 14
Slide 15: FY24 Outlook
FY24 OUTLOOK For personal use only • Forecast annual revenue of $130 – 140 million and a projected double digit organic growth • Increased operating leverage through cross-sell and economies of scale • Continuing product expansion in our retail division to better service our customers • Growth in wh
Slide 16: Appendix
For personal use only APPENDIX 16 RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 16
Slide 17: Experienced Board of Directors
EXPERIENCED BOARD OF DIRECTORS For personal use only GRANT CARMAN CLIVE FINKELSTEIN LAWRENCE JAFFE GUY NICHOLLS ALEX GOODMAN NON-EXECUTIVE CHAIRMAN CEO/MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR COO/EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Chartered accountant with over Co-founder of RPM Co-founder o
Slide 18: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only CAPITAL STRUCTURE – 21 November 2023 REGISTER Shares on Issue 195.4m Vendors Options (Exp.03/24 @ $0.435) 6m 19% Wholesale/Retail Share Price $0.095 32% Market Capitalisation $18.6m Institutions 18% Management & Staff 31% MA JOR SHAREHOLDERS Clive Finkelstein
Slide 19: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER Overview For personal use only This document is issued by RPM Automotive Group Limited ACN 002 527 906 RPM (“RPM Automotive” or “RPM”) on 22 November 2023. Summary Information This document contains summary information about RPM Automotive and its associated and propose
Slide 20: Media & Investors
For personal use only MEDIA & INVESTORS E: INVESTORS@RPMGROUP.NET.AU RPM AUTOMOTIVE GROUP LTD (ASX: RPM) www.rpmgroup.net.au RPM AUTOMOTIVE GROUP LTD (ASX: RPM) 20
RPM Automotive Group — Shareholder Meeting (November 2023) on 6ix