Allhome Corp. · PSE:HOME
Allhome — H1 2024 Earnings Presentation
10 slides from Allhome's earnings presentation, Aug 15, 2024
Slide 1: 1H 2024 Results Briefing
1H 2024 Results Briefing Au g u s t 15 , 20 24
Slide 2: 1H 2024 Highlights
1H 2024 Highlights SALES GROSS PROFIT EBITDA NET INCOME P5.621 B P2.129 B P1.375 B 282 Million P27.059 B P16.198 B 0.25x TOTAL ASSETS TOTAL EQUITY NET DEBT TO EQUITY
Slide 3: Income Statement
Income Statement IN PHP MILLIONS 1H 2024 1H 2023 ₱ Change % Change Revenues 5,621 6,039 -418 -6.9% Same Store Sales Growth Cost of Goods Sold 3,491 3,773 -282 -7.4% 1H2023 1H2024 Gross Profit 2,129 2,266 -136 -6.0% GP Margin 37.9% 37.5% -4.0% Other Income 91 122 -31 -25.4% -7.1% Operating Expenses 1
Slide 4: Slow Recovery of the Residential Market
Slow Recovery of the Residential Market • Continuing challenges in the condominium market in Metro Manila with lengthened remaining inventory life of RFO units • Steady demand for horizontal residences outside Metro Manila – CALABARZON, Central Luzon, Central Visayas, Davao *based on Collier’s 2Q-20
Slide 5: Core Categories Remain Stable
Core Categories Remain Stable Our balanced category mix softened the impact of weak demand Appliances and Furniture on hard categories categories remain stable Soft Categories Hard Categories Apps & Furn Other categories • Appliances remain key revenue driver • Sustained demand on Furniture – import
Slide 6: Financial Position
Financial Position IN PHP MILLIONS June 30, 2024 December 31, 2023 Current Assets 13,375 13,174 Noncurrent Assets 13,684 13,758 Total Assets 27,059 26,964 Current Liabilities 4,959 4,939 Noncurrent Liabilities 5,901 6,108 Total Liabilities 10,861 11,048 Capital Stock 3,750 3,750 Additional Paid-in C
Slide 7: 2024 Key Strategies
2024 Key Strategies 1. Rationalize range of product offerings 2. Continue efficiency initiatives 3. Build on the strength of the soft categories 4. Improve customer experience 5. Develop new sales channels
Slide 8: Giving back to the community
Giving back to the community Donation of essential building Turnover of renovation and materials to the Philippine donation efforts to Las Piñas Army Camp National High School
Slide 9: Q&A
Q&A AllHome Website For Corporate www.allhome.com.ph Disclosures
Slide 10: Thank you!
i Thank you! Home fll edb