Grand Banks Yachts Limited · SGX:G50
Grand Banks Yachts — H1 FY2026 Earnings Presentation
12 slides from Grand Banks Yachts's earnings presentation, Mar 2, 2026
Slide 1: Grand Banks Yachts Limited 1H FY2026 Results
Grand Banks Yachts Limited 1H FY2026 Results Investor/Analyst Briefing 2 March 2026
Slide 2: CEO's Message
~ MARINE GROUP-
Slide 3: Recent Business Updates
Recent Business Updates Marina in Newport, Rhode Island, USA Analyst 1H FY2026 Results Investor/Analyst Briefing 3
Slide 4: Recent Business Developments: Strategic Acquisition of Wild Oats XI
Recent Business Developments Strategic Acquisition of Wild Oats XI (Renamed Palm Beach XI) • In Oct 2025, Palm Beach Motor Yachts acquired the world-famous Wild Oats XI • Renamed Palm Beach XI, the 100-foot Supermaxi has been fitted with state-of- the-art upgrades such as: Deeper keel fin and bulb U
Slide 5: Financial Highlights 1H FY2026
Financial Highlights 1H FY2026 1H FY2026 Results Investor/Analyst Briefing 5
Slide 6: Financial Snapshot 1H FY2026
Financial Snapshot 1H FY2026 1H FY2026 1H FY2025 S$ (‘000) Change (%) Unaudited Unaudited Revenue 71,364 67,200 6.2 Gross Profit 17,536 21,743 (19.3) Gross Profit Margin (%) 24.6 32.4 (7.8) ppt* Total Operating Expenses (12,447) (10,761) 15.7 Profit Before Tax 4,519 11,398 (60.4) Profit After Tax 2,
Slide 7: Balance Sheet As At 31 Dec 2025
Balance Sheet As At 31 Dec 2025 S$ (‘000) 31 Dec 25 30 Jun 25 Change (%) Total Assets 187,274 179,633 4.3 Total Liabilities 81,393 77,479 5.1 Total Equity 105,881 102,154 3.6 Cash and Fixed Deposits 24,161 51,517 (53.1) Total Borrowings 34,782 28,064 23.9 Net Asset Value Per Share 56.75 54.75 3.7 (c
Slide 8: Trends
Financial Trends 38.0% 180,000 40.0% 162,316 160,000 35.0% 29.9% 32.4% 140,000 133,653 32.2% 30.0% Gross Profit Margin (%) 120,000 114,171 26.6% 24.6% 25.0% 100,000 96,061 S$(’000) 21.5% 20.0% 80,000 75,177 71,364 67,200 15.0% 60,000 50,725 48,467 36,785 10.0% 40,000 20,690 19,963 21,381 21,743 17,5
Slide 9: Financial Review 1H FY2026
Financial Review 1H FY2026 • Revenue grew 6.2% to S$71.4 million from S$67.2 million in FY2025; sold four trade-in/pre-owned boats and increased boat-building activities • Gross profit of S$17.5 million (1H FY2025: S$21.7 million), mainly due to change in sales mix, and weaker USD against SGD • Net
Slide 10: Financial Review 1H FY2026 (cont'd)
Financial Review 1H FY2026 (cont’d) • The Group invested in several initiatives in 1H FY2026, which includes: Increase in inventory boats (stock and demonstration boats) and acquisition of several trade-in/pre-owned boats Acquisition and upgrading of Palm Beach XI Acquisition of Newport Marina, as w
Slide 11: Group Outlook
Group Outlook • Eight new build-to-order, four trade-in/pre-owned boats sold in 1H FY2026 (1H FY2025: eight new build-to-order and three trade-in boat sales) • Recent Newport acquisition has strengthened our brand presence, enhanced customer experience and generated sales opportunities • Combined wi
Slide 12: Q&A Thank You
Q&A THANK YOU GB MARINE GROUP