AEM Holdings Ltd. · SGX:AWX
AEM — 9M2023 Earnings Presentation
10 slides from AEM's earnings presentation, Nov 9, 2023
Slide 1: AEM Investor Update
AEM Investor Update November 9, 2023 AEM | Investor Update
Slide 2: Disclaimer
Disclaimer This is a presentation of general information relating to Accordingly, such statements are not and should not be the current activities of AEM Holdings Ltd. (“AEM”). It is construed as a representation as to the future of AEM, and given in summary form and does not purport to be are not i
Slide 3: AEM Corporate Profile
AEM Corporate Profile AEM is a global leader in the fast-growing Test 2.0 market, delivering application-specific intelligent system test and handling solutions for semiconductor and electronics companies serving the advanced computing, 5G, and AI markets. Leader in Fast Full Stack Deploy 2016-2022
Slide 4: Industry Overview
Industry Overview • Semiconductor industry has been hit by excessive inventory, high interest rates, and geopolitical turmoil resulting in an environment that has been far tougher than most analysts originally anticipated • Post-Covid consumer spend has focused on services and experiences as opposed
Slide 5: 9M2023 Highlights
9M2023 Highlights • The Group posted revenue of S$387 million in 9M2023, with profit before tax excluding exceptional items of S$42.6 million over the same period • Management has driven improved efficiencies throughout the business by managing operational costs, reducing SG&A by 25%, from S$74.9M (
Slide 6: 9M2023 Financials
9M2023 Financials AEM | Investor Update
Slide 7: 9M2023 Financial Highlights
9M2023 Financial Highlights Revenue at S$387.0M and PBT excluding exceptional items would have been S$42.6M, at 11% PBT margin Revenue R&D expenses PBT (excl. exceptional items) S$20.9M -1% vs 9M2022 9M2022: S$21.2M S$387.0M S$42.6M -48% vs 9M2022 SG&A expenses -72% vs 9M2022 9M2022: S$746.6M 9M2022
Slide 8: Revenue Mix
Revenue Mix S$M Revenue 746.6 184.4 (25%) 387.0 297.4 (40%) 218.2 (57%) Services comprises 264.8 (35%) manufacturing, engineering, 117.3 (30%) and FSE revenue 51.5 (13%) 9M2023 9M2022 Test & Automation Equipment Consumables Services AEM | Investor Update 8
Slide 9: A Robust Balance Sheet
A Robust Balance Sheet Sound capital structure – Debt / Equity ratio of 0.3X As at Sep’23 Dec’22 S$M S$M Cash 106.1 127.8 Inventories 358.6 367.7 Trade and other receivables 78.2 92.9 Trade and other receivables (-S$14.7M) Decreased mainly due to lower revenue Total assets 766.2 805.6 towards the en
Slide 10: Thank You
Thank You Investor Relations Contact Samir MOWLA samir.mowla@aem.com.sg Financial PR Pte Ltd Kamal SAMUEL / Shivam SARAF Tel: 6438 2990 / Fax: 6438 0064 kamal@financialpr.com.sg shivam@financialpr.com.sg AEM | Investor Update