Slide 1: RTX Annual Report 2023/24 – Investor Presentation
RTX Annual Report 2023/24 – Investor Presentation 29 November 2024
Slide 2: Disclaimer on Forward Looking Statements
Disclaimer on Forward Looking Statements This presentation contains statements regarding expectations for the future development of RTX A/S, including future revenue and operating profit (EBITDA), reflect Management’s current outlook and carry some uncertainty. These statements can be affected by a
Slide 3: Business Update Highlights – Q4 2023/24
Business Update Highlights – Q4 2023/24 • Revenue growth through the quarters in 2023/24: Q4 2023/24 reached DKK 149 million. During the year we have seen an increase in new orders, however not at the anticipated speed. Outlook remains short-term, and the orderbook is still below expectation. • Impr
Slide 4: 2023/24: Temporary slowdown but unchanged potential for RTX
2023/24: Temporary slowdown but unchanged potential for RTX • Market Insights: o Demand in the second half of 2023/24 remained weak, though market share was retained. o Changing market dynamics impacted the value chain and end-user behavior. o Encouraging growth and diversification in the customer b
Slide 5: 2023/24: Temporary slowdown but unchanged potential for RTX
2023/24: Temporary slowdown but unchanged potential for RTX • Result in line with adjusted Outlook On 30 June 2024, RTX announced an adjusted outlook, due to postponed orders and lower demand, particularly in the ProAudio segment, but also for one of our major customers in the Enterprise segment. Th
Slide 6: Business Update Highlights – Q4 & FY 2023/24
Business Update Highlights – Q4 & FY 2023/24 Enterprise Revenue Revenue Q4: 103 DKKm Q4: 149 DKKm 527 DKKm 240 800 FY: 331 FY 2022/23 FY: 498 DKKm 220 200 180 600 160 ProAudio Revenue (2022/23) 140 Q4: 225 DKKm Q4: 29 120 208 225 400 100 186 DKKm 180 FY: 783 DKKm FY: 120 80 170 142 149 FY 2022/23 60
Slide 7: Business Update Highlights – Q4 & FY 2023/24
Business Update Highlights – Q4 & FY 2023/24 Gross Margin EBITDA EBITDA DKKm Q4: 51.0 % Q4: 23 DKKm 60 120 FY: 46.7 % FY: 3 DKKm 100 40 80 Gross Margin (2022/23) EBITDA (2022/23) 20 42 43 60 Q4: 44.7 % Q4: 43 DKKm 8 14 9 23 40 FY: 45.8 % FY: 108 DKKm 0 1 20 -31 0 -20 -20 The development in gross mar
Slide 8: Financial Update Highlights – Q4 & FY 2023/24
Financial Update Highlights – Q4 & FY 2023/24 Change in Inventory Change in net liquidity position Share Buy Back Program Q4: 12 DKKm Q4: 7 DKKm Q4: 3 DKKm FY: 24 DKKm FY: 30 DKKm FY: 20 DKKm Inventory end of Q4 reached DKK 91 million Positive development in the quarter on net Share Buy Back program
Slide 9: Q&A Session
Q&A Session
Slide 10: Thank you for your attention
Thank you for your attention For further information, please contact CEO Peter Røpke or CFO Mille Tram Lux at +45 9632 2300 2023/24 Q4 FY - RTX - Investor Presentation 10
Slide 11: Our purpose is to help people perform at their best.
Our purpose is to help people perform at their best. We provide our customers with the best possible wireless communications solutions, allowing their customers to seamlessly connect and communicate. 2023/24 Q4 FY - RTX - Investor Presentation 11
Slide 12: RTX and our market position
RTX and our market position Multiple horizontal layers RTX - A solutions provider o RTX operates mainly in the spectrum of development as an ODM/OEM. Brand Branded company o Providing a range of services; including product customization, technology integration, and end- to- end solutions encompassin
Slide 13: How we work
How we work 3 Development and integration 5 Manufacturing and logistics 2 Design and specifications 4 Testing and verification 6 Post-sales processes 1 Concepts and planning 2023/24 Q4 FY - RTX - Investor Presentation 13
Slide 14: RTX – Revenue Model
RTX – Revenue Model Effort and revenue Revenue Engineering effort ODM/OEM revenue Start-up for replacement NRE revenue product Years Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Development phase Ramp phase Main phase End Replacement of life product 14 2023/24 Q4 FY - RTX - Investor Prese
Slide 15: Customers and Partnerships
Customers and Partnerships Global B2B customers RTX’s wireless solutions enable our B2B customers to market reliable, secure, and scalable systems with seamless integration to meet their specific communication and monitoring needs and respond to market demands. 2023/24 Q4 FY - RTX - Investor Present