Slide 1: H1 2024 Interim Results Presentation
H1 2024 Interim Results Presentation www.dickerdata.com.au
Slide 2: Agenda
Agenda • Welcome • Interim financial Results • Business Update • Strategy and Outlook • Questions
Slide 3: Interim Financial Results H1 2024
Interim Financial Results H1 2024
Slide 4: Highlights
H1 2024 2023 Highlights Hardware Distributor of the Year - 11TH CONSECUTIVE YEAR Diversity and Inclusion Champion - 2021, 2022 & 2023 Distributor Innovation Creativity Award - NZ Highlights Channel Choice Distributor of the Year Channel Champion – Sustainability Large Distributor of the Year $1.6b 8
Slide 5: H1 2024 Financial Trends
H1 2024 ‡ Gross sales is non-IFRS financial information and does not represent revenue in accordance with Australian Accounting Standards. This represents gross proceeds from sale of goods and services, Financial Trends * both as agent and principal Gross profit and net profit margins are represente
Slide 6: H1 2024 Results Consolidated Group Gross Revenue
H1 2024 Results Consolidated Group 6 months ($m) Jun-24 Jun-23 Change Gross Revenue Gross Revenue 1,590.1 1,596.4 -0.4% Gross Profit 155.0 150.7 +2.9% • Total gross revenue, including other income was $1,590.1m, marginally down for the half year, down by Gross Margin 9.8% 9.4% 0.4% EBITDA* 68.9 70.6
Slide 7: H1 2024 Profit and Loss
H1 2024 (in $m) Jun-24 Jun-23 Profit and Loss Revenue Sales Revenue 1,079.1 1,102.4 Interest 1.2 0.5 • Statutory revenue finalised at $1,084.5m, down by 2.1% Other Revenue 4.2 5.0 • Gross profit margin, as measured against net revenue improved to Total Revenue 1,084.5 1,107.9 14.3% from 13.6% Expens
Slide 8: H1 2024 Balance Sheet
H1 2024 Net Assets (in $m) Jun-24 Dec-23 Balance Sheet Cash and equivalents Accounts receivable 16.4 548.2 11.6 485.7 Inventory 296.1 218.9 Other current assets 1.4 0.0 Total current assets 862.1 716.2 • Since last balance date both receivables and inventory balances PP&E 96.5 96.7 increased signif
Slide 9: H1 2024 Dividends
H1 2024 Dividends Payment Dividend Amount Type Date (CPS) Franked 01-Mar-24 15.0 Final 100% • The H1 2024 dividend of 26.0 cps represents an increase of Interim 100% 03-Jun-24 11.0 108%, up from 12.50 cps in H1 2023. Total 26.0 • In FY24 the Company intends to maintain its 100% dividend policy and t
Slide 10: Business Update
Business Update
Slide 11: IT Market and Our Strategy
IT Market and Other 12% Our Strategy Westcon 7% Tech Data 4% Dicker Data 35% AUSTRALIA Arrow Corporate, Commercial 3% and Enterprise only • Despite the challenging market conditions, we have maintained our Leader 7% Ingram dominant leadership position in the Australian market. Synnex Micro 15% 17% •
Slide 12: Industry Recognition
Industry Recognition Distributor of the Year Best in Marketing Networking Distributor - Oceania Distributor - AU Campaigns - AU NZ of the Year - AU Distributor Innovation Creativity Award NEW ZEALAND Distributor of the Year Distributor of Outstanding Distribution Partner Distributor of - APAC the Ye
Slide 13: 2024 ANZ Vendor Additions
2024 ANZ Vendor Additions Adobe Duress Equinix Hikvision Jabra Retail Moochies Nothing Powershield Zagg 13
Slide 14: Long-Term Vendor Relationships
MAJOR VENDOR CONCENTRATION Long-Term % of sales Vendor Relationships 100.0% 10% 11% 90.0% Vendor 5 Vendor 5 23% 24% Vendor 4 31% 80.0% Vendor 4 39% 43% 43% Vendor 3 Vendor 5 Vendor 5 49% 51% 52% 70.0% Vendor 3 Vendor 4 56% Vendor 4 Vendor 2 • Dicker Data continues to expand into emerging Vendor 2 Ve
Slide 15: Category Performance H124
Category Performance H124 H123 Change 11% Gross sales ($m) ($m) (%) 5% Software 444.9 442.8 +0.5% 4% 28% End Point Solutions 471.2 503.1 -6.3% Advanced Solutions 357.1 367.7 -2.9% H124 Access and Surveillance 57.1 54.3 +4.6% 22% Audio Visual 75.6 78.3 -3.6% Retail 172.8 138.6 +24.7% 30% Services 6.0
Slide 16: Outlook
Outlook
Slide 17: Outlining the AI Opportunity
Outlining the AI Opportunity DICKER DATA’S AI LANDSCAPE VIEW Capable of generating text, images and other media using USER FOCUSED generative models. Easily accessible via conversational • Microsoft Copilot Generative AI language by any user anywhere with an internet • Adobe Firefly connection, and
Slide 18: 2024 Opportunities
2024 Opportunities DEVICE REFRESH Cyclical refresh for organisations who renewed their devices during the AI pandemic or before Cybersecurity Data and Analytics Windows 10 will reach end Collaboration of support in October 2025 Digital Transformation Diversification Copilot+ PCs and AI P
Slide 19: Business Opportunities
Business Opportunities NEW ZEALAND Leveraging the relationships and strengths of the Australian operation to introduce more brands and technologies to our New Zealand business, as well as accelerating the Company’s growth in the New Zealand market through a strategic focus on expanding our lines of
Slide 20: Questions
Questions
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by Dicker Data Ltd (ACN 000 969 362). All information and statistics in this presentation are current as of 30 August 2024 unless otherwise specified. It contains selected summary information and does not purport to be all-inclusive or to contain all of