Stealth Group Holdings Ltd. · ASX:SGI
Stealth — FY2021 Earnings Presentation
23 slides from Stealth's earnings presentation, Sep 8, 2021
Slide 1: Investor Briefing Presentation FY21 Full Year Results
Investor Briefing Presentation FY21 FULL YEAR RESULTS Webinar - Wednesday 8 September 2021 YE 30 June 2021 | www.stealthgi.com ASX Code: SGI
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This document has been prepared by Stealth Global Holdings (the Company) and is provided for information purposes only. This or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in this document. No Limited Party document
Slide 3: Presentation Outline
Presentation Outline Executive Summary 4 Financial Highlights 9 Review of Operations Highlights 13 Future Direction 20 YE 30 June 2021 | www.stealthgi.com
Slide 4: Compelling Investor Value
Compelling Investor Value þ Our 2025 strategy is delivering - stronger financial progress, larger scale, operating leverage, and new eCommerce data & digital capabilities. Full year benefits yet to be realised. þ Competitively advantaged business model with diversified customer & industry exposure.
Slide 5: Building Sales & Profit Momentum
Building Sales & Profit Momentum REVENUE JOURNEY $m Record SALES Full Year 2021 60.0 Annualised revenue rate after Skipper Transport 50.0 Parts is fully integrated, expected to take around 60days. (1) 38.5 39.7 39.3 No sales contribution from Skipper 40.0 (1) Transport Parts in FY21. 28.4 30.4 30.0
Slide 6: Larger Portfolio Of Leading Distribution Businesses
Larger Portfolio Of Leading Distribution Businesses Each business differentiates itself through different methods of customer engagement, order processing, and order fulfilment though uses operating leverage from the combined group to drive competitive advantage. OPERATING BRANDS (1) www.heatleys.co
Slide 7: Business Model Maturing – How We Supply Our Customers
Business Model Maturing – How We Supply Our Customers A broad-line distributor of industrial, maintenance, repair, operating ‘MRO’, safety & workplace supplies and other related products and services. We extend across the end-to-end supply chain covering Business, Trade, Retail, Service & Specialist
Slide 8: Strategic Direction – Our Strategy For Growth
Strategic Direction – Our Strategy For Growth Our 2025 strategy continues to progress CONTINUE TO DEVELOP A LARGE-SCALE BUILD ON ADVANTAGED MARKET POSITION DRAW ON SCALE AND OPERATING DISTRIBUTION GROUP ‘SUPPLIER OF CHOICE’ LEVERAGE FROM BUSINESS COMBINATIONS Supplies and Solutions for every industr
Slide 9: Financial Highlights
Financial Highlights FY21 Full Year YE 30 June 2021 | www.stealthgi.com
Slide 10: FY21 Financial Highlights - Record Year Financial Performance
FY21 Financial Highlights - Record Year Financial Performance FY 2021 REVENUE FY 2021 PROFIT 2H 2021 VS PRIOR PERIODS CAPITAL MANAGEMENT > Group Sales FY21 $69.7m > Gross Profit 29.0% > Sales $39.3m > $6.1m Available Cash & up 2.5% pcp FY20 $68.1m up 9% pcp FY20 26.6% up $9m or 28% on 1H/21 Undrawn
Slide 11: Financial Profit & Loss - Full Year 2021
Financial Profit & Loss - Full Year 2021 Record result on the back of a very strong second half operational performance TRADING PERFORMANCE FY 2021 FY 2020 Movement Movement HIGHLIGHTS $ % PROFIT & LOSS - A record financial year result for Stealth. Group Revenue $69.7m $68.1m $1.6m 2.5% › Only 7 Mon
Slide 12: Balance Sheet and Cash Flow - Full Year 2021
Balance Sheet and Cash Flow - Full Year 2021 STATUTORY STATUTORY STATUTORY BALANCE SHEET SUMMARY 30 JUNE 2021 30 JUNE 2020 30 JUNE 2019 HIGHLIGHTS $M $M $M 3.1 1.1 2.0 BALANCE SHEET Cash and cash equivalents Other current assets 23.2 16.5 22.7 › Cash position of $3.1m (FY20 $1.1m). Property, plant a
Slide 13: Review of Operations
Review of Operations FY21 Full Year Progress on Strategic Plan YE 30 June 2021 | www.stealthgi.com
Slide 14: FY21 Highlights Strategic & Operational Progress
FY21 Highlights Strategic & Operational Progress Continued to make significant progress against our strategic priorities, driving share growth in key markets. STRATEGIC DELIVERABLES VALUE CREATION FY21 KEY RESULTS - ACHIEVEMENTS #1 Emergent Industry Leader › Larger-scale distributor holding an þ Div
Slide 15: FY21 Highlights Strategic & Operational Progress
FY21 Highlights Strategic & Operational Progress Continued to make significant progress against our strategic priorities, driving share growth in key markets. STRATEGIC DELIVERABLES VALUE CREATION FY21 KEY RESULTS - ACHIEVEMENTS #4 We have built an even stronger offer, › Operating leverage and suppl
Slide 16: Summary of Recent Acquisitions
#2. Summary of Recent Acquisitions • $18m sales / $1.1m EBITDA • Purchased at ~3.8x EV/EBITDA • Formerly four COV’s and Coventry’s Automotive branches with a long operating history. • Major parts and supplies distributor of Industrial MRO ‘Maintenance, • Completed 1 December 2020. • Trade retail sto
Slide 17: Accelerated Our Online & Digital Capabilities
#3. Accelerated Our Online & Digital Capabilities We invested heavily in our data & digital capabilities that included websites, webshops, online portals, automation and AI solutions powering scale. WE MATERIALLY ADVANCED OUR ECOMMERCE ONLINE CHANNELS www.isgaus.com.au www.heatleys.com.au Launched N
Slide 18: Continued Our Network Investment
#4. Continued Our Network Investment Markets, Branch Stores, On-Site stores strategically placed in locations to better serve our customers. 18 YE 30 June 2021 | www.stealthgi.com Red locations in WA and Queensland from August 21 Green location in Queensland from December 20
Slide 19: Future Growth In Customer Markets From Product Diversification
#5. Future Growth In Customer Markets From Product Diversification Customer and Markets diversification Expansion of product range, brands and > $20 million of annual revenue synergies across our businesses. value-add solutions on offer identified from Cross Sell advantage. Category Limited overlap
Slide 20: Future Direction
Future Direction Strategy and Outlook YE 30 June 2021 | www.stealthgi.com
Slide 21: Strategic Agenda: Priorities for the coming period
Strategic Agenda: Priorities for the coming period Draw on the strengths and advantages of each business to leverage collective scale. Focus for the coming period Growth Objectives - More customer value and better customer experiences. 3 - Expand in all customer segments using advantaged business mo
Slide 22: Outlook - Stealth now anticipates to be ahead of its previous expectations
Outlook - Stealth now anticipates to be ahead of its previous expectations We are raising our outlook to provide the following guidance. Positive Financial Impact Operating Leverage and Large, Fragmented and Highly- Robust Financial Profile From 2021 Strategic Events Synergies Attractive Market And
Slide 23: For Further Enquiries
FOR FURTHER ENQUIRIES Mike Arnold Group Managing Director & CEO P: +61 (0) 8 6465 7800 Chris Wharton AM Chairman P: +61 (0) 8 6465 7800 John Boland Group Chief Financial Officer P: +61 (0) 8 6465 7800 8 September 2021 ASX Code : SGI
Stealth Group Holdings — FY2021 Earnings Presentation on 6ix