AllHome Corp. · PSE:HOME
AllHome — H1 2023 Earnings Presentation
12 slides from AllHome's earnings presentation, Aug 14, 2023
Slide 1: 1H 2023 Results Briefing
1H 2023 Results Briefing August 14, 2023
Slide 2: 1H 2023 Highlights
1H 2023 Highlights SALES OPERATING INCOME NET INCOME 6.04 Billion 822 Million 442 Million +3.0% +25.1% +99.1% Strong Sales Rebound Core Operating Income Growth Substantial Net Profit Improvement +3.0% growth in 2Q23 +25.1% growth in 2Q vs comparable in the 1H2023, doubling the income vs -9.8% declin
Slide 3: Financial Highlights
Financial Highlights Amounts in PHP million Revenue Gross profit and margin Margin 35.7% 37.5% 35.9% 37.5% 29.6% 6,265 6,039 2,249 2,266 3,027 3,117 1,168 1,081 2Q2022 2Q2023 1H2022 1H2023 2Q2022 2Q2023 1H2022 1H2023 Core EBITDA and margin Core Net Income and margin Margin Margin 23.6% 25.8% 24.7% 2
Slide 4: Financial Position
Financial Position IN PHP MILLIONS June 30, 2023 December 31, 2022 Current Assets 12,551 12,016 Noncurrent Assets 14,493 14,718 Total Assets 27,044 26,734 Current Liabilities 4,266 4,672 Noncurrent Liabilities 7,053 6,780 Total Liabilities 11,319 11,452 Capital Stock 3,750 3,750 Additional Paid-in C
Slide 5: Regaining Upward Momentum
Regaining Upward Momentum Same store sales growth 41.7% • 2nd Quarter marks the turning point in our like-for-like sales growth 8.1% • Healthy sales growth on both 3.5% 5.2% hard and soft categories 2019 2020 2021 2022 1Q2023 2Q23 -13.0% -12.1%
Slide 6: Working Capital
Working Capital Inventory turnover Trade receivables turnover Trade payables turnover Days Days Days 315 319 18 51 47 248 262 42 42 32 171 9 9 5 5 2019 2020 2021 2022 1H2023 2019 2020 2021 2022 1H2023 2019 2020 2021 2022 1H2023 - Slightly higher due to lower sales in - Trade receivables days maintai
Slide 7: Strengthening the Brand
Strengthening the Brand AllHome shines at the AllHome reigns supreme AllHome bags AllHome Naga coveted Launching of celebrity 2023 Haier Business as Customer Engagement Bronze at the Gold Bagwis Seal partnership with Ms. Toni Partners Convention Excellence Award winner prestigious Stevie presented b
Slide 8: Building Long-term Relationships with our ABCD Partners
Building Long-term Relationships with our ABCD Partners United Architect of the Home Design Inspiration Coffee Break and AllHome Builds partnered Philippines Partnerships Talks on all Stores Discussion with with UP and donates for across the country Contractors and Builders Project Akbay
Slide 9: Going for Quick Wins – Store Expansion in the Booming Pet Care Segment
Going for Quick Wins – Store Expansion in the Booming Pet Care Segment PetBuddy Malolos PetBuddy SOMO PetBuddy Bataan PetBuddy Springville PetBuddy Dasmariñas
Slide 10: Tailwinds Coming from Completion of Residential Units
Tailwinds Coming from Completion of Residential Units* +3,000 +9,600 units units Completion to pick up in 2H23 2024 Projected Completions • Bulk turnover of residential units in NCR+ to start in 2H2023 • This is forecasted to ramp up to 3x in 2024 • The 2024 completion rate is the highest since pre-
Slide 11: Q&A
Q&A AllHome Website For Corporate www.allhome.com.ph Disclosures
Slide 12: Thank You!
Thank You!