Barramundi Group Ltd. · OSL:BARRA
Barramundi — FY2022 Earnings Presentation
14 slides from Barramundi's earnings presentation, Feb 28, 2023
Slide 1: Business update: 2nd Half 2022 and preliminary full year 2022
Business update 2nd Half 2022 and preliminary full year 2022 BARRAMUNDI GROUP LTD 28 Feb 2023
Slide 2: Building an Asia Pacific aquaculture leader
Building an Asia Pacific aquaculture leader Barramundi Group builds a fully integrated aquaculture leader with a premium product in a high growth market Platform Operations Market Growth A scalable platform established in ‘05 Optimising farming operations Building a mass market Securing capacity for
Slide 3: Highlights
Highlights • Revenue for second half of 2022 was SGD 18.3 million (second half of 2021: SGD 15.6 million) from harvest volume of 946 tonnes WFE (versus 964 tonnes WFE). • Net profit for the second half of 2022 was -SGD 7.8 million (second half of 2022: SGD 18.8 million)* • In Australia, in the secon
Slide 4: Profit and Loss for the Financial Year 2022 (Unaudited)
Profit and Loss for the Financial Year 2022 (Unaudited) Actual Proforma Actual Actual Proforma Actual 2H 2022 2H 2022 2H 2021 FY 31 Dec 2022 FY 31 Dec 2022 FY 31 Dec 2021 Unaudited Unaudited Audited Unaudited Unaudited Audited $ $ $ $ $ $ Revenue 18,308,142 18,308,142 15,597,070 35,227,681 35,227,68
Slide 5: Balance Sheet as at 31 December 2022 (Unaudited)
Balance Sheet as at 31 December 2022 (Unaudited) 31 Dec 2022 31 Dec 2021 Unaudited Audited $ $ ASSETS Current assets Cash and cash equivalents 11,169,662 28,482,011 Trade and other receivables 6,861,526 7,200,974 Inventories 7,928,583 3,511,581 Biological assets 16,322,468 19,384,330 42,282,239 58,5
Slide 6: Cash Flow for the Financial Year 2022 (Unaudited)
Cash Flow for the Financial Year 2022 (Unaudited) FY 31 Dec 2022 FY 31 Dec 2021 Unaudited Audited $ $ Cash flows from operating activities Loss before tax (19,717,257) (24,881,103) Adjustments for: - Fair value adjustment on biological assets 5,449,036 3,905,825 - Amortisation of government grant (4
Slide 7: Key Financials & Highlights - Australia
Key Financials & Highlights - Australia • Net sales for second half of 2022 were increased by SGD 1.2 million. In the second half of 2022, the group had successfully negotiated with its key customers to increase the selling price, to compensate for cost inflation. The net effect on margins however w
Slide 8: Key Financials & Highlights - Singapore
Key Financials & Highlights - Singapore • Net sales in the second half of 2022 were SGD 0.2 million lower than in the same period of 2021. Following the relaxation of pandemic restrictions, there was an uplift in sales to hotels and restaurants in the second half of 2022 compared with the same perio
Slide 9: Operating Highlights – Brunei
Operating Highlights – Brunei • Total sales of approximately B$109K with sales tonnage of 12 tonnes since commencing limited local and International sales to Singapore during the trial harvest in May 2022. • Operational and facilities improvements at RAS resulted in approx. 90% survival rate for bat
Slide 10: Key Financials & Highlights- Fassler
Key Financials & Highlights- Fassler • Fassler’s revenue for the second half of 2022 increased by SGD 1 million (17 per cent) compared with the same period of 2021 following a more aggressive digital marketing strategy, joint promotions with an online shopping platform and an increase in selling pri
Slide 11: Outlook
Outlook • On 27 December 2022, we announced a strategic partnership for our Australian business. On 10 January 2023, the extraordinary general meeting approved the sale of 75 per cent of our Australian subsidiary, Marine Produce Australia Pty Ltd (“MPA”) to Wild Ocean Australia Pty Ltd (“WO”), in ac
Slide 12: Financial Calendar
Financial Calendar 2022 Annual Report 28 April 2023 Q1 2023 Quarterly Report 31 May 2023 Q2 2023 Quarterly Report 30 Aug 2023 Q3 2023 Quarterly Report 29 Nov 2023 Q4 2023 Quarterly Report 28 Feb 2024 FULL YEAR 2022 12
Slide 13: Appendix: Alternative performance measures
Appendix Alternative performance measures Barramundi Group Ltd discloses alternative performance measures as a supplement to the financial statements prepared in accordance with IFRS. Such performance measures are commonly used by analysts, investors and other stakeholders to evaluate the performanc
Slide 14: Thank You
SS, ‘Thank You