Slide 1: Full Year Results Presentation August 2024
Full Year Results Presentation August 2024 ASX:AMO 15 August 2024
Slide 2: A leading value-added distributor of high-technology audio visual, broadcast and communications solutions
A leading value-added distributor of high-technology audio visual, broadcast and communications solutions INTEGRATED SOLUTIONS PROFESSIONAL RETAIL Media Systems Home Entertainment Commercial Installations Supply, installation and support of Exclusive brand representation in areas A range of exclusiv
Slide 3: FY 2024 Highlights
FY 2024 Highlights $95.5m $4.7m $1.4m $1.4c Revenue EBITDA NPAT EPS 13.3% 4% 26% $0.7c (FY23: $84.2m) (FY23: $4.9m) (FY23: $1.9m) (FY23: $2.1c) 83% Organic $10.0m1 Strong Dividend payout Business growth Headroom to Working capital ratio (1.2 cps) driven by existing pursuit further M&A position agenc
Slide 4: Business Update
= = = hs ~ COMMERCIAL BUSINESS UPDATE TECHNOLOGY
Slide 5: Business Overview
Business Overview FY24 Addressable Active Segment Brands Key Customers Revenue Market* Dealers Concept AV, Citadel Technology Solutions, Diversified, SKS Technologies, The Ci Integrated Solutions $47.3M $500M 1200+ 50 Group, Fredon, Pro Av Solutions, Programmed, AV Australia, Immersive Technologies,
Slide 6: Retaining Brand Focus and Growing Brand Recognition
Retaining Brand Focus and Growing Brand Recognition Opportunities for existing brands to access Expansion into aligned verticals has grown more of the total addressable market. total addressable market. Resources added to drive growth without Introducing dealers with the supplier story compromising
Slide 7: Financials
FINANCIALS AmbertechL|MITED SOURCE SUPPLY SUPPORT
Slide 8: FY24 Financial snapshot
FY24 Financial snapshot (A$m) FY24 FY23 (A$m) FY24 FY23 Revenue 95.5 84.2 Current Assets 41.8 42.9 Cost of Goods (64.1) (55.5) Current Liabilities 22.9 23.2 Gross Profit 31.4 28.7 Working Capital 18.9 19.7 GP Margin (%) 32.8% 34.1% Adjusted Working Capital (excluding cash) 16.9 18.1 EBITDA 4.7 4.9 N
Slide 9: Revenue and gross profit momentum maintained
Revenue and gross profit momentum maintained Revenue ($m) Commentary 95.5 84.2 77.0 • Increase in GP included some lower margin clearance, impacting GP%. • Sell through support required to clear retail channel in second half for new model sales. • Second half revenue recognition FY22 FY23 FY24 impac
Slide 10: FY 2024 Revenue Growth by Segment
FY 2024 Revenue Growth by Segment Revenue by segment ($m) Commentary 47.3 • Growth in Integrated Solutions dealer 43.6 market a positive, more can be achieved through ongoing channel 35.2 support. 29.2 • Project sales underpinned growth in Professional segment, however some 12.9 delays in revenue re
Slide 11: EBITDA Impacted
EBITDA Impacted EBITDA ($m) 6.8 4.9 4.7 FY22 FY23 FY24 Commentary • EBITDA hasn’t matched revenue growth for FY2024 due to increase in costs and delays in projects. • Distribution costs in line with increased business activity. • Growth strategy reflected in spend on employment, marketing and travel
Slide 12: Strategy & Outlook
STRATEGY & AmbertechL|MITED OUTLOOK SOURCE SUPPLY SUPPORT
Slide 13: FY 2025 Strategic Priorities
FY 2025 Strategic Priorities Business Results Customer Focus Export Market Aligned Markets M&A Activities • Optimise timing and • Support, educate and • Establish European • Significant growth • Target combinations scale of expenditure train the dealer logistics capability potential in building that
Slide 14: FY25 outlook
FY25 outlook Refining business growth strategy • Refining growth strategy where results have not met expectations. • Business strategy must prioritise long term business health yet restore results performance relative to growth outcomes. • Momentum on deferred projects being restored with additional
Slide 15: Appendices
APPENDICES AmbertechL|MITED SOURCE SUPPLY SUPPORT
Slide 16: Capital Structure
Capital Structure Capital Structure Substantial Shareholders % Share price (12 August 2024) $0.19 Appwam Pty Limited 30.7% 52-week range $0.18/$0.335 Wavelink Systems 7.8% Shares on Issue 95.4M Amos Super Fund 5.6% Options on Issue 4.0M Greig & Harrison 5.5% Market capitalisation $17.6M Sub-total 49
Slide 17: Important Notice and Disclaimer
Important Notice and Disclaimer The material contained in this presentation has This presentation may contain forward looking To the extent permitted by law, no responsibility been prepared by Ambertech Limited (“AMO”) statements with respect to the operations and for any loss arising in any way (in
Slide 18: Ambertech Limited
>)! Ambertech L|MITED: SOURCE SUPPLY SUPPORT