Slide 1: PAX Global Technology Limited Interim results 2025
2025 PAX Global Technology Limited Interim results (327.HK)
Slide 2: Disclaimer
Disclaimer The information contained in these presentation materials has been prepared by PAX Global Technology Limited ( “Company” or “PAX”) (incorporated in Bermuda with limited liability) solely for use at the presentation to prospective investors for introduction of the Company. By accepting thi
Slide 3: Results snapshot: profitable performance in 1H 2025
Results snapshot PAX delivered profitable performance in 1H 2025 46.9% 46.8% 44.0% 3,569 3,013 2,716 Profit for the period 391 HK$ million 660 460 391 2023 H1 2024 H1 2025 H1 Revenue (HK$ million) Profit for the period (HK$ million) Gross profit margin ( ) PAX Global 2025 interim results 3
Slide 4: Interim dividend of 25 cents continues to strengthen shareholder returns
Results snapshot PAX continues to strengthen shareholder returns Interim dividend HK cents 30 Payout ratio) 80.0% YoY 4% 67.8% 70.0% 25 56.5% HK 25 cents per share 20 26.3% 34.8% 60.0% 50.0% 15 40.0% 25.5% 30.0% 10 Dividend payout ratio 20.0% 5 10.0% 0 0.0% 67.8% 2021 H1 2022 H1 2023 H1 Interim divi
Slide 5: Robust operating cash inflow
Results snapshot PAX recorded robust operating cash inflow 2025 H1 key cash flow items analysis Operating activities Financing activities Investing activities Net cash generated from Payments in dividends & No material activities operating activities buybacks HK$ 154 million HK$ 275 million PAX Glob
Slide 6: Pragmatically manages working capital
Results snapshot PAX pragmatically manages working capital Trade and bills receivables (YoY +8.3%) • Strong US dollar affected certain customers’ settlement (Turnover days: 182) Inventories (YoY –4.4%) • Optimized inventory management (Turnover days: 230) • Reduced advance purchase of raw materials
Slide 7: Other financial items analysis
Results snapshot Other financial items analysis Selling expenses • Decrease in sales commission (YoY -12.8%) • Decrease in transportation costs Administrative expenses • Favourable foreign exchange impacts, partially offset by (YoY -10.6%) the increase in employee benefit expenses PAX Global 2025 in
Slide 8: Global diversification with focus on high-potential markets
Results snapshot PAX drives global diversification with focus on high-potential markets LACIS EMEA (HK$ 684 M) (HK$ 1,084 M) • Brazil, Mexico & Argentina: Sluggish sales due to • Europe: Solid sales in Italy, UK & France with economic uncertainty, currency fluctuation and market competition 25% 40%
Slide 9: Accelerates the expansion of the SaaS ecosystem
Results snapshot PAX accelerates the expansion of the SaaS ecosystem 15M+ Connected terminals* SaaS solutions revenue YoY 47% 16.6K+ 4.4K+ HK$ 90 M Applications* Application developers* *As of 30 Jun 2025 PAX Global 2025 interim results 9
Slide 10: Investor relations contacts
Investor relations contacts Calvin Pei – Vice President, Corporate Strategy, Investor Relations & Sustainability Mina Pang – Senior Investor Relations Manager Email: ir@pax.com.hk Tel: +852 2500 8510 PAX Global 2025 interim results 10
Slide 11: PAX is included in the key market indexes
Appendix – market indexes PAX is included in the key market indexes MSCI Hong Kong Small Cap Index Hang Seng Sub-indexes Market-Cap Composite Industry Index - Composite MidCap & Composite SmallCap weighted Information Technology SmallCap Index Index indexes Sector Information Technology SCHK Informa
Slide 12: Interim condensed consolidated income statement
Appendix – financial summary Interim condensed consolidated income statement Six months ended 30 June 2025 2024 HK$’ 000 HK$’ 000 Revenue 2,716,164 3,013,241 Cost of sales (1,443,619) (1,604,005) Gross profit 1,272,545 1,409,236 Other income 29,568 36,851 Other (losses)/ gain (9,871) 1,589 Selling e
Slide 13: Interim condensed consolidated balance sheet
Appendix – financial summary Interim condensed consolidated balance sheet As at 30 Jun As at 31 Dec 2025 2024 HK$’ 000 HK$’ 000 Total non-current assets 1,499,784 1,523,386 Property, plant and equipment 954,541 939,396 Right-of-use assets 203,762 207,281 Others 341,481 376,709 Total current assets 7
Slide 14: Working capital summary
Appendix – financial summary Working capital summary As at 30 Jun 2025 As at 31 Dec 2024 As at 30 Jun 2024 HK$ ‘000 HK$ ‘000 HK$ ‘000 Inventories 1,517,960 1,587,039 1,819,361 Trade and bills receivables 2,754,513 2,543,884 2,821,172 Trade payables 832,910 937,211 1,122,586 Cash and cash equivalents