Wiseway Group Ltd. · ASX:WWG
Wiseway — Shareholder Meeting (November 2022)
27 slides from Wiseway's shareholder meeting presentation, Nov 22, 2022
Slide 1: 2022 Annual General Meeting
For personal use only Wiseway Group Limited (ASX:WWG) 2022 Annual General Meeting 22 November 2022, 10:00 am (AEDT) 1
Slide 2: Agenda
Agenda Chair Address 3 For personal use only Chief Executive Officer’s Address 17 Formal business 27 2
Slide 3: Chair Address
For personal use only Chair Address Florence Tong 3
Slide 4: An experienced Board and Management team to drive future growth
An experienced Board and Management team to drive future growth For personal use only Florence Tong Roger Tong Simon Yuen Executive Chair Chief Executive Officer Chief Financial Officer & Managing Director Ken Tong Brandon Teo Astrid Raetze Non-Executive Director Independent Independent Non-Executiv
Slide 5: 2022 – Key milestones and growth initiatives
2022 – Key milestones and growth initiatives ✓ Record revenue of $130.1 million, 3.3% growth vs pcp For personal use only ✓ 43% growth in revenue from non-traditional business segments ✓ $4.2 million in revenue from new international locations, in less than 12 months of full operations ✓ Acquisition
Slide 6: Smooth and successful integration of TAF E-Logistics
Smooth and successful integration of TAF E-Logistics Transaction completed in FY22 Successful integration outcomes For personal use only 2 months Between the completion of the acquisition and the conclusion of the integration process; smooth transition and full alignment between the 100% two teams S
Slide 7: A diverse team of best-in-class experts, leading our high-growth segments
For personal use only A diverse team of best-in-class experts, leading our high-growth segments Scott Higgins – National Ian Ebbink – Head of Song Yi – National Sea Paul Halpin – Head of Perishables Manager Imports Simon Zhang – National Freight Manager Wiseway Cargo Airlines – Transport Manager Fli
Slide 8: World-class rounded team leading our international operations and powering our global growth
World-class rounded team leading our international operations and powering our global growth For personal use only Wiseway New Zealand : Branch Manager – Wiseway US Iain Horneman Wiseway China • 23 years in the air and sea freight industry across Australia and New Zealand • Leading Wiseway NZ’s grow
Slide 9: Essential functions safeguarding Wiseway's culture and values
Essential functions safeguarding Wiseway’s culture, and values of innovation, safety, integrity and reliability Ivan Lim – CTO Mark Stevens – National Compliance & Safety Manager • 25 years of diverse experience in the IT and Fintech • Safety and compliance expert within the logistics regulatory lan
Slide 10: Strategic investment in SEAIR
For personal use only Strategic investment in SEAIR 10
Slide 11: The ideal gateway bridging Southeast Asia and East Asia
The ideal gateway bridging our presence between Southeast Asia and East Asia, and expanding our APAC coverage For personal use only 267 million tonnes Philippines logistics freight volume in 2021,13% y-o-y growth1 Wiseway China 16% CAGR forecast e-commerce market growth by 2027 reaching US$38 billio
Slide 12: A compelling investment in a well-established logistics player
A compelling investment in a well-established logistics player with strategic resources and strong connections to growth avenues SEAIR Co-Founders Clark International Airport For personal use only Iréne Prosper Heinrich Dornier • Key logistics hub in Philippines and region • Airline transport pilot,
Slide 13: Transaction structure
For personal use only Transaction structure Nov FY26 2022 Ownership structure Purchase consideration Long term options US$ 3.1 million 1 Call option for Co-Founders to 100% US$ 1.6 million. exchange their remaining stake Capitalised advance payments, for Wiseway Group shares at a transaction fees, a
Slide 14: Leasing a new strategic and valuable asset
Leasing a new strategic and valuable asset, in connection with the SEAIR investment For personal use only Boeing 737-800SF Lease Strategic long term value 15 December 2022 96 months ✓ Self sufficiency during periods of surging demand and Estimated handover date Contract period disruptions, as suppli
Slide 15: Step-change in global scale and reach
Step-change in global scale and reach – expansion in the US and APAC markets For personal use only Wiseway US Shanghai Wiseway China Wiseway Branch Guangzhou Wiseway Branch Wiseway Subsidiary Clark, Philippines Darwin1 Chicago Wiseway Branch Los Angeles Wiseway Wiseway Wiseway Branch Singapore Headq
Slide 16: The Way Forward
The TheWay wayForward forward ► Wiseway today is a global business with 160+ employees spread across five countries and 11 logistics hubs For personal use only ► Agility and resilience supporting the business means Wiseway can weather recent disruptions and challenging economic environments ► Consta
Slide 17: Chief Executive Officer's Address
For personal use only Chief Executive Officer’s Address Roger Tong 17
Slide 18: Integrated freight and logistics operator with diversified income streams
Integrated freight and logistics operator with diversified income streams Revenue growth driven by non-traditional business segments For personal use only Export Imports and Distribution Road Transportation GSA/CSA Dry cargo Perishables General cargo Sea freight Airtruck Airnex (air freight) (air fr
Slide 19: Diversification progress – driving our growth momentum
Diversification progress – driving our growth momentum FY19 FY22 For personal use only 23% 3% 2% Revenue breakdown 10% 92% 1% 40% by segment 2% 5% 5% 7% 10% Dry Air Freight Perishables Import and Distribution Sea freight Road Transportation Airnex Overseas Revenue 10% 13% Cargo volume breakdown by d
Slide 20: A diversified business across customers and geographies
For personal use only A diversified business across customers and geographies 23% 73% FY22 revenue share from the FY22 share of perishable, import, and sea Company’s top five customers, freight volume (from Australia) with fast reflecting minimal concentration risk growing Asian and global markets o
Slide 21: Tangible initiatives to improve recent financial performance
Tangible initiatives to improve recent financial performance FY22 financial performance Cost optimisation initiatives For personal use only ➢ Extended COVID-19 measures in ➢ Enhancing internal mechanisms for China, and prolonged lockdowns monitoring financial performance on a ➢ Extraordinary rainfal
Slide 22: A focused global growth strategy with disciplined execution
A focused global growth strategy with disciplined execution Integrate For personal use only • Maintain lean, tech-enabled platform, with an enhanced focus on cost control and optimisation. • Bring together strategically located Expand warehousing, a modern transportation fleet, global team capabilit
Slide 23: Expanding global addressable market led by the US and Asia Pacific
Expanding global addressable market led by the US and Asia Pacific regions 4.1% For personal use only US$1.6 trillion Annual growth in global 57% Market size of US freight forwarding market Asia Pacific’s share of logistics market by 20271 over 2021-2031 period2 global e-commerce logistics growth ov
Slide 24: Uniquely positioned to benefit from emerging industry trends
Uniquely positioned to benefit from emerging industry trends Expanding international trade industry with new free trade agreements and For personal use only logistics companies becoming increasingly globalised Scale investment in global logistics infrastructure to meet growing demand and facilitate
Slide 25: Summary and outlook
Summary and outlook Summary For personal use only ► Significant milestones achieved during 2022, with integration of TAF E-Logistics in Singapore, expanding US presence into Chicago, and strategic investment in Philippines-based SEAIR ► Access to AOC allows Wiseway to better utilise its recently lea
Slide 26: Thank you
For personal use only Thank you 26
Slide 27: Disclaimer
Disclaimer For personal use only This presentation contains summary information about Wiseway Group Limited (Wiseway) and its subsidiaries and their activities. The information in this presentation does not purport to be complete. It should be read in conjunction with Wiseway’s other periodic and co