Nanofilm Technologies International Ltd. · SGX:MZH
Nanofilm Technologies International — FY2024 Earnings Presentation
25 slides from Nanofilm Technologies International's earnings presentation, February 2025
Slide 1: FY2024 Results Announcement
NANOFILM TECHNOLOGIES INTERNATIONAL FY2024 Results Announcement February 2025
Slide 2: Important Notice
IMPORTANT NOTICE This presentation is for information purposes only and does not constitute or form part of an offer, invitation or solicitation of any offer to purchase or subscribe for any securities of Nanofilm Technologies International Limited (the “Company”) in Singapore or any other jurisdict
Slide 3: Management Panel
Management Panel Dr Shi Xu Mr Kay Lim Mr Gian Yi-Hsen Mr Ian Howe Executive Chairman and Group Chief Financial Officer Group Chief Strategy Officer and Group Chief Commercial Officer Group Chief Executive Officer Chief Executive Officer, Sydrogen 2 | CONFIDENTIAL
Slide 4: Agenda
Agenda ▪ Overview ▪ Financial Highlights ▪ Sustainability ▪ EuropCoating ▪ Outlook ▪ Q&A
Slide 5: Overview
1 | Overview Dr Shi Xu Executive Chairman and Group CEO
Slide 6: FY2024 At a Glance
FY2024 At a Glance: 2H2024 driven by typical peak production period Positive progress across key areas 1% 2% 6% 6% 430m 9% 9% FY2024 2H2024 S$ S$ 204m S$ 122m as at 31 Dec 2024 BOOK VALUE +15% YoY +17% YoY 110m 84% 83% S$ AMBU NFBU IEBU Sydrogen AMBU NFBU IEBU Sydrogen REVENUE as at 31 Dec 2024 TOTA
Slide 7: FY2024 Key Developments
FY2024 Key Developments $ Global Expansion ▪ China Expansion: Established new production bases in Southern and North Central China to support consumer business growth and strengthen regional presence ▪ India & Vietnam: Operationalised production facilities to enhance global supply chain resilience ▪
Slide 8: Financial Highlights
2 | Financial Highlights Mr Kay Lim Group CFO
Slide 9: FY2024 Revenue Performance
FY2024 Revenue Performance Recovery trend continued in 2H2024, with higher growth momentum ▪ Group 2H2024 revenue grew 17% YoY, bringing full year growth to 15%, largely attributed to the coating services and nanofabrication 30 0.0 (in S$m) contributions from the Consumer end-market o Advanced Mater
Slide 10: Core Expenses Review
Core Expenses Review Priority on business expansion expenses while enhancing operational efficiency (in S$m) 25 0.0 46.9% 60 .0% ▪ Improved operational performance in 2H2024, compared to 1H2024, driven 37.0% 37.1% 50 .0% by typical peak production period COS & GPM 20 0.0 40 .0% 126.0 128.4 ▪ FY2024
Slide 11: Investment in Technology & Innovation
Investment in Technology & Innovation Shift towards commercialisation R&D and Engineering Expenses (1) (in S$m) (2) (2) 9.0% 7.7% (2) 50 .0 10 .0% 7.0% 35 40 .0 5.0 % 31 30 .0 29 10.6 15.5 20.2 0.0 % 20 .0 -5.0% 18.4 10 .0 15.9 14.3 - -10.0 % FY2022 FY2023 FY2024 R&D & Engineering (1) Capitalisation
Slide 12: PATMI & EBITDA Review
PATMI & EBITDA Review Improved profitability, partially offset by higher D&A and expansion-related costs (in S$m) ▪ The Group recognised an improvement in its net margins to 80 .0 30 .0% 18.5% 3.8% in FY2024, up from 1.8% in FY2023 70 .0 20 .0% 60 .0 50 .0 43.8 3.8% 1.8% 10 .0% PATMI 40 .0 25.0 0.0
Slide 13: Positive Sustainable Operating Cash Flow
Positive Sustainable Operating Cash Flow Continuing positive operating cash flow Net Cash Generated from Operating Activities as at 31 Dec 2024 (in S$m) OCF before WC, 79 interest & taxes 7 0 50 39 2 1 72 27 39 21 (1) FY2022 FY2023 FY2024 Net OCF Working Capital Interest & Taxes ▪ Generated positive
Slide 14: Sustainability
3 | Sustainability Mr Gian Yi-Hsen Group CSO and CEO, Sydrogen
Slide 15: FY2024: Sustainability Highlights
FY2024: Sustainability Highlights Scaling sustainability, optimising energy, and driving inclusive growth Empowering Renewable Energy and Circular Economy Fostering Inclusive Employment Growth Achieved above 60% recovery rate of pure water used in productions through Employment of 20 implementation
Slide 16: EuropCoating
4 | EuropCoating Mr Ian Howe Group CCO
Slide 17: Acquisition Overview: EuropCoating Group
Acquisition Overview: EuropCoating Group Strategic acquisition of a German thin-film coating supplier with 200+ customers COMPANY HIGHLIGHTS SYNERGIES • History: Premium thin-film job coating supplier since 1986, operates Accelerated Market Entry: Provides immediate in the luxury, high-end decorativ
Slide 18: Outlook
5 | Outlook Dr Shi Xu Mr Ian Howe Mr Gian Yi-Hsen Executive Chairman Group CCO Group CSO and and Group CEO CEO, Sydrogen
Slide 19: Business Outlook: AMBU
Business Outlook: AMBU Strategic expansion initiatives in consumer and industrial sectors ADVANCED MATERIALS – CONSUMER (“AMC”): ▪ Overall, cautiously optimistic for continued recovery of AMC business ▪ Balanced Customer Z orders within segments with slight increase in accessories and wearables ▪ Go
Slide 20: Business Outlook: IEBU
Business Outlook: IEBU Positioning for 2025 recovery with increased commercial traction across regions ▪ Cautiously optimistic that customer orders for equipment is turning around for 2025 after slow 2024 ▪ Asia: New orders for mold coater applications within Photonics segment both in China and Japa
Slide 21: Business Outlook: NFBU
Business Outlook: NFBU Broadening solutions in new applications and sectors ▪ Continued gains of wallet share on the existing mass production projects ▪ Good progress in engagement of new optical health sensing applications in the consumer electronics wearables space ▪ Developing new in-roads into a
Slide 22: Business Outlook: Sydrogen
Business Outlook: Sydrogen BPP production continues to gain momentum, progress in ACFC and maritime power module ▪ China market continues to mature, and we expect to continue growing with the market and acquire new customers for fuel cell coatings. Government support for heavy trucking application c
Slide 23: FY2025 Overall Outlook & Focus
FY2025 Overall Outlook & Focus Focusing on fundamentals to position for future sustainable growth INVESTMENTS MADE RESULTS Global Site Expansion ▪ Better positioned in today’s uncertain trade environment ▪ Strategically expanded into Vietnam, India, ▪ Expanding our geographical presence has allowed
Slide 24: Q&A
6 | Q&A
Slide 25: Thank You
THANK YOU
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