Slide 1: Aztech Global Ltd. 3Q 2022 Results Presentation
Aztech Global Ltd. 3Q 2022 Results Presentation 3 November 2022
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertain
Slide 3: 3Q 2022 Results
3Q 2022 Results 1. Financial Performance Review 2. Business Update 3. Outlook © 2022 Aztech Global Ltd.
Slide 4: Financial Performance Review
Financial Performance Review Design to Build Resilient & Sustainable Manufacturability © 2022 Aztech Global Ltd.
Slide 5: 9M 2022 Key Financial Highlights
9M 2022 Key Financial Highlights Performance & net cash improvement Revenue EBITDA Effective As at 30 September 2022 Tax Rate +55.4% +35.7% Net Cash NAV/Share +4.8% $607.0M $84.0M $254.9M 40 Cents 16.9% 31 December 2021: 31 December 2021: $186.8 M 38 Cents Net Profit Net Profit Basic EPS (1) 9M 2022
Slide 6: 3Q 2022 Interim Dividend
3Q 2022 Interim Dividend Declared 3Q 2022 Interim Tax-Exempt Dividend Per Share of 3 cents 3Q 2022 Interim Tax-Exempt Ex-Date Record Date Payment Date Dividend Per Share Declared 3 cents 10-Nov-2022 11-Nov-2022 23-Nov-2022 ▪ Dividend payout ratio of 36.4% (in line with indicated target distribution
Slide 7: 3Q 2022 Results Y-o-Y Comparison
3Q 2022 Results Y-o-Y Comparison Better revenue and net profit achieved y-o-y $ Million 3Q 2022 3Q 2021 % Change The lower profit margin for 3Q 2022 was impacted by: Revenue 242.4 141.1 71.8 ▪ Net fair value loss on derivative EBITDA 29.0 22.9 26.6 financial instruments attributable to Profit Before
Slide 8: 3Q 2022 Results Q-o-Q Comparison
3Q 2022 Results Q-o-Q Comparison Slower sequential revenue growth following a high 2Q 2022 base $ Million 3Q 2022 2Q 2022 % Change Revenue 242.4 236.6 2.45 EBITDA 29.0 36.8 -21.2 The lower profit margin for 3Q 2022 was impacted by: Profit Before Tax 26.2 34.5 -24.1 ▪ Net fair value loss on derivativ
Slide 9: Quarterly Performance YTD
Quarterly Performance YTD Revenue and net profit remains healthy $ Million 1Q 2022 2Q 2022 3Q 2022 9M 2022 Revenue 128.0 236.6 242.4 607.0 EBITDA 18.3 36.8 29.0 84.0 Profit Before Tax 15.9 34.5 26.2 76.6 PBT Margin (%) 12.4 14.6 10.8 12.6 Income Tax Expense (2.0) (5.5) (5.4) (13.0) Effective Tax Rat
Slide 10: 9M 2022 Results Y-o-Y Comparison
9M 2022 Results Y-o-Y Comparison Double-digit growth in revenue and net profit $ Million 9M 2022 9M 2022 9M 2021 9M2022 vs 9M2021 Proforma % Change Revenue 607.0 607.0 390.7 55.4 EBITDA 84.0 99.5 61.9 35.7 Profit Before Tax 76.6 92.1 53.9 42.1 PBT Margin (%) 12.6 15.2 13.8 -120bps Income Tax Expense
Slide 11: 9M 2022 Revenue by Segments
9M 2022 Revenue by Segments IoT Devices & Data-Communications Products – Key Revenue Contributor Revenue Segment Revenue Revenue by Countries (in $ million) (in %) (in %) © 2022 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 12: 9M 2022 EBITDA, Pre-tax Profit, Net Profit & EPS Performance
9M 2022 EBITDA, Pre-tax Profit, Net Profit & EPS Performance EBITDA Profit Before Tax $million $million Notes: ▪ EBITDA grew 35.7% to $84.0 million from $61.9 million ▪ Profit before tax saw an improvement of 42.1% from $53.9 million to $76.6 million ▪ Net Profit increased by 34.2% to $63.7 million
Slide 13: Balance Sheet Summary as at 30 September 2022
Balance Sheet Summary as at 30 September 2022 Healthy Balance Sheet & Net Cash Position As at 30 September 2022, the Group reported a ($ million) 30 September 2022 31 December 2021 net cash of $254.9 million, while accumulated Cash & Bank Balances 304.5 201.5 profits increased by 27.4% to $116.3 mil
Slide 14: Business Update
Business Update Design to Build Resilient & Sustainable Manufacturability © 2022 Aztech Global Ltd.
Slide 15: 3Q 2022 Order Book Update
3Q 2022 Order Book Update Healthy Order Book -Order book as at 30 September 2022 was $783.3 million, and the Group has since received additional orders of $37.2 million as at 3 November 2022, thus bringing its total order book secured to date to $820.5 million, of which $210.0 million is planned for
Slide 16: Outlook
Outlook Design to Build Resilient & Sustainable Manufacturability © 2022 Aztech Global Ltd.
Slide 17: Navigating Challenging Operating Landscape
Navigating Challenging Operating Landscape Challenges stemming from risks of macroeconomic slowdown, geopolitical tension, rising interest rates, inflationary cost pressures and susceptibility of the electronics supply chain to COVID-19 restrictions Mitigation measures - Disciplined balance sheet ma
Slide 18: Thank You
Thank You 3 November 2022 Aztech