Tamawood Limited · ASX:TWD
Tamawood — Investor Presentation (September 2014)
16 slides from Tamawood's investor presentation, Sep 15, 2014
Slide 1: ASX Announcement: Tamawood Investor Presentation
15 September 2014 For personal use only ASX Announcement Tamawood Investor Presentation Sydney and Melbourne Australia, 15 September 2014 – Tamawood Limited (ASX: TWD) is pleased to release a copy of the presentation that Mr Robert Lynch, Chairman and Managing Director, Mr Tim Bartholomaeus will del
Slide 2: Tamawood Limited Investor Presentation September 2014
Tamawood Limited Investor Presentation For personal use only September 2014
Slide 3: The Board
The Board Tamawood Limited For personal use only Chairman Managing Director Robert Lynch Tim Bartholomaeus Non-Executive Director Non-Executive Director Non-Executive Director Lev Mizikovsky Andrew Thomas Rade Dudurovic Company Secretary General Manager Dixon Franchisee Manager Geoff Acton Sydney Pe
Slide 4: Introduction
Introduction For personal use only - Interim dividend guidance FY15 increase of 25% to 10 cents fully franked. Reasons - Sales up - Gross margins up - Target dividend payout ratio of 80% to be restored in the near future. - Statutory Net Profit after Tax for FY14 of $5.068 million, despite a $1.9 mi
Slide 5: Key Highlights And Outlook - FY15
Key Highlights And Outlook-FY15 For personal use only • Queensland Sales • 37.5% increase in sales for FY14 compared to FY13. • 440 sales for FY14. • 199 currently under construction. • South East • Two new sales offices established. Queensland Sales • 7 South East Queensland sales offices. Offices
Slide 6: Financial Performance
Financial Performance For personal use only 1HY14 1HY13 ($m) ($m) Revenue 81.1 96 Statutory net profit before tax 7.3 7.6 Tax (2.2) (2.5) Statutory profit after tax 5.1 5.1 EPS 19.76 19.44 Dividend 21 cents 21 cents 04
Slide 7: Financial Performance: Balance Sheet
Financial Performance For personal use only 1HY14 FY13 Balance Sheet ($m) ($m) Assets Cash 5.6 4.7 Receivables 2.7 4.9 Inventories 7.8 8.3 Other 1.4 1 Total Assets 17.5 18.9 Liabilities Trade and other payables 6 7.4 Other 3.3 3.1 Total Liabilities 9.3 10.4 Net Assets 8.2 8.5 05
Slide 8: Operational Performance
erational Performance For personal use only Performance 2012/13 2013/14 Change (%) Approvals 321 440 37.5% increase South East Queensland Approvals Sydney 0 50 100% increase Approvals Franchise 245 257 4.89% increase Revenue Building 67 65 South East Queensland ($M) 14.7% decrease Revenue Other ($M)
Slide 9: Market Outlook
Market Outlook For personal use only Outlook – Housing Starts Detached Houses – Thousand Starts * Houses (,000) Change (%) • South East 2013/14 19.32 Queensland 2014/15 22.25 (F) 15% (F) 2015/16 24.49 (F) 10 (F) 2016/17 25.68 (F) 5% (F) • New South Wales 2013/14 20.82 2014/15 21.21 (F) 2% (F) 2015/1
Slide 10: Sales History by Halves
Sales History by Halves For personal use only 450 400 350 253 300 250 159 200 91 135 150 100 187 162 154 122 50 30 0 20 0 0 2nd Half FY SEQ SEQ Sydney Sydney Franchise Franchise 1st Half FY 2012 / 2013 2013 / 2014 08
Slide 11: Cash Flow
Cash Flow For personal use only FY14 ($,000) Cash flows from operating activities Receipts from customers (inc. of GST) 93,586 Payments to suppliers and employees (inc. GST) (84,795) Cash generated from operating activities 8,791 Interest received 197 Interest paid (3) Income tax paid (2,513) Net ca
Slide 12: Franchise Development FY15
Franchise Development FY15 For personal use only CAIRNS TOWNSVILLE MACKAY ROCKHAMPTON GLADSTONE BUNDABERG HERVEY BAY FAR NORTH DISTRICT SUNSHINE COAST WESTERN DOWNS BRISBANE GOLD COAST AUCKLAND NEW ENGLAND TAURANGA NORTH DUBBO NORTHERN RIVERS HAMILTON WEST NSW COFFS HARBOUR GISBORNE ORANGE TAUPO BAT
Slide 13: Tamawood Limited's Competitive Advantage
Tamawood Limited’s Competitive Advantage For personal use only What are the barriers to entry? • The technology platform of Dixon Homes, bundled with its growing franchisee network. • Long standing Dixon Homes brand. Who are the suppliers? Who are the customers? • Material suppliers are the tier-1 •
Slide 14: Office Addresses
Office Addresses For personal use only SOUTH EAST QUEENSLAND 1821 Ipswich Road, Rocklea QLD 4106 992 Gympie Road, Chermside QLD 4032 4424 Warrego Highway, Plainland QLD 4341 1/50 Lawrence Drive, Nerang QLD 4211 169 James St (cnr James & Neil) Toowoomba QLD 4350 684 Nicklin Way, Currimundi QLD 4551 2
Slide 15: Office Addresses: Franchisees
Office Addresses For personal use only Franchisees - QLD Franchisees - NSW CAIRNS NEW ENGLAND 172-174 Mulgrave Rd, Wescourt, 49 Roger St, Stanthorpe, QLD 4380 QLD 4870 NORTHERN RIVERS TOWNSVILLE Unit 16/21 Enterprise Ave, Tweed Heads South Unit 9, 508-518 Woolcock St, Townsville, NSW 2486 QLD 4810 N
Slide 16: Disclaimer
Disclaimer For personal use only Tamawood Limited (ABN 56 010 954 499) and its subsidiaries (collectively ‘Tamawood’) has made every effort to ensure the accuracy of information contained in this presentation. The presentation has been prepared based on information available to Tamawood at the date