Axelum Resources Corp. · PSE:AXLM
Axelum Resources — Q3 2023 Earnings Presentation
9 slides from Axelum Resources's earnings presentation, November 2023
Slide 1: 3rd Quarter 2023 Financial Results
3rd Quarter 2023 Financial Results November 2023
Slide 2: 9M and Q3 2023 Key Highlights
9M and Q3 2023 Key Highlights Recorded sharp rebound in Q3; Positive core net income excluding one-off inventory adjustment Discussion › Sales: Sequential revenue uptick anchored on Sales Gross Profit steady performance of coconut water segment ₱4.3 Bn ₱738 Mn › Gross Profit: Impact of higher revenu
Slide 3: Sales Mix
Sales Mix Core product segments account for 91% of topline By Product Segment By Geography 6% 9% 7% 8% 7% 91% 72% Core Products Others United States Philippines Europe Australia Asia 3
Slide 4: Consolidated Income Statement: Q3 2023
Consolidated Income Statement: Q3 2023 Positive turnaround Discussion Sales Gross Profit in PHP Mn in PHP Mn • Sales: Sequential revenue improvement driven by steady growth of coconut water segment 1,457 1,458 246 248 • Gross Profit: Margin expansion attributed to increased sales and benefits of cos
Slide 5: Consolidated Income Statement: 9M 2023
Consolidated Income Statement: 9M 2023 Sustained Core EBITDA momentum Discussion Sales Gross Profit in PHP Mn in PHP Mn • Sales: Higher revenues booked in Q3 due to demand 5,312 pick-up 4,277 1,431 • Gross Profit: Initial effects of cost rationalization efforts 738 across the business to enhance pro
Slide 6: Consolidated Balance Sheet and Key Ratios
Consolidated Balance Sheet and Key Ratios Healthy fiscal standing Discussion Cash Inventories in PHP Mn in PHP Mn • Cash: Utilized for supplier payments and CAPEX disbursements 1,292 2,564 1,217 2,238 • Inventories: Lower inventory level due to impact of one-time inventory write-down • Current Ratio
Slide 7: Cashflow Summary
Cashflow Summary Cashflow (in PHP Mn) Discussion • Operating Activities: Attributed to loss from operations 279 and settlement of accounts payables/accrued expenses • Investing Activities: Accelerated CAPEX spending in the third quarter to deploy additional capacity • Financing Activities: Short-ter
Slide 8: Management Perspective
Management Perspective Year-end holiday season spending seen to further momentum in fourth quarter General Discussion Higher revenues attributed to demand uptick in major export market (United States) CURRENT PERIOD Stable revenue growth of coconut water business owing to increasing mainstream deman
Slide 9: Mailing Address, Contact Number, Email
Mailing Address 1052 EDSA Magallanes Village, Makati City, Metro Manila 1232 Contact Number +63 (2) 8851 0730 Email investor.relations@axelum.com.ph Website www.axelum.ph Facebook www.facebook.com/axelumofficial/ Instagram @fiestacoconutproducts Youtube @axelumofficial5437