Harris Technology Group Limited · ASX:HT8
Harris Technology — Investor Presentation (September 2021)
16 slides from Harris Technology's investor presentation, Sep 7, 2021
Slide 1: FY21 Investor Presentation
FY21 Investor Presentation 7 September 2021
Slide 2: Company Summary
Company Summary Global vendor networks Harris Technology Group Business transformation in established from 30+ years of Limited (ASX:HT8) is the only 2019 capitalised on the retail experience in sourcing, wholesaling pure-play IT and Consumer “online boom”, hitting and distribution for market-leadin
Slide 3: Timeline
Timeline Harris Technology and ASX listed Shoply was merged by Harris Technology was Founded by Ron Officeworks sold to Anyware Corporation and restructured and it’s growth Harris Wesfarmers in renamed Harris Technology story commenced 1986 2007 2016 2019 1999 2015 2018 2020-21 Coles Myer Group's An
Slide 4: Financial Summary
Financial Summary FY21 Revenue FY20 Revenue $41.8m $13.6m A leading eCommerce tech retailer 206% growth vs pcp Harris Technology is uniquely positioned to FY21 NPAT FY20 NPAT accelerate growth having completed a 3-year turnaround to become a pure-play online tech $1.75m $1.01m retailer. 73.7% growth
Slide 5: Business Status
Business Status Positioned as a leading eCommerce tech retailer Harris Technology is demonstrating exponential growth as customer preferences transition to online retail channels. Record Sales $42.1M revenue for FY21, up 209% on FY20. 18.3% sales margin on turnover maintained. Leveraging the major e
Slide 6: Platform Partnership Reach
Platform Partnership Reach Established retailer on all major Australian eCommerce platforms An evolving retail market The COVID-19 pandemic has permanently shaped shopping behavior. 10 years' worth of eCommerce growth occurred in just 90 days through the pandemic. Cost saving synergies Working withi
Slide 7: Growth Alongside Amazon
Growth Alongside Amazon Number 1 Marketplace Seller on Amazon Australia since July 2020. Major investment in Australia Morningstar Equity Research forecast Amazon Australia to account for about 25% of online retail sales, or 5% of the total retail market by 2030. $325,558 $429,963 Prime Day Prime Da
Slide 8: Flagship Harris Website Relaunch
Flagship Harris Website Relaunch Effective eCommerce platform www.ht.com.au driving SME sales and product promotions via customer mailing list. Major Upgrade Rollout Modernisation of the HT website with focus on attracting increased organic traffic and direct integration to the ERP to reduce admin.
Slide 9: Dual Flywheel Growth Strategy Explained
Dual Flywheel Growth PRIVATE Tech products Sales Strategy Explained Tech accessories LABEL increase Two flywheels – One Domestic and one International. Amazon Countries The domestic flywheel illustrates the TECH Amazon company’s multi-platform growth US strategy. The running of the flywheel feeds in
Slide 10: Operational Highlights and COVID Effects
Operational Highlights and COVID Effects No negative COVID effects Harris Technology operates a pure online business. As such, it has experienced only positive impact from the pandemic. Rapid online sales growth ABS data shows total online sales averaged an annual rise of 64.8% between April 2020 an
Slide 11: FY 2021 Financial Highlights
FY 2021 Financial Highlights Revenue NPAT EPS cents $41.8m $1.75m cents 0.71 0.54 $1.00m cents -1.40 $13.6m -$0.73m $9.0m Debt Total Equity Inventories $5.83m $7.66m $10.76m $5.13m -$5.06m -3.89m $2.44m $3.32m $0.40m 11
Slide 12: FY 2021 Financial Highlights
FY 2021 Financial Highlights FY21 FY20 Revenue Revenue +206% revenue growth despite increased competition as Sales revenue 41,800,861 13,638,567 Direct Costs (34,128,418) (10,968,591) traditional retailers increased marketing spend towards their Gross Profit 7,672,443 2,669,976 online channels. Othe
Slide 13: FY 2021 Financial Highlights
A$m FY21 FY20 FY 2021 Financial Highlights Current Assets Cash and cash equivalents 3,262,107 1,171,184 Trade and other receivables 3,129,379 736,549 Inventory Capacity Inventories 10,766,788 3,322,985 Prepayments and deposits 154,424 36,800 Continued investment in inventory level and breadth to Tot
Slide 14: Why Invest in Harris Technology?
Why Invest in Harris Technology? Uniquely positioned in an exponentially growing eCommerce sector. A proven business strategy leveraging on major marketplace operators by its Number 1 seller position on Amazon AU. HT8 benefits from the rapid growth of all major eCommerce platforms. Profitable for tw
Slide 15: Q&A
Q&A 15
Slide 16: Disclaimer
Disclaimer The Material contained in this document is a presentation of general information about Harris Technology Group Limited (ABN : 93 085 545 973) activities, current as at the date of this presentation on 7 September 2021. It is provided in summary and does not purport to be complete. You sho
Harris Technology Group — Investor Presentation (September 2021) on 6ix