Stealth Group Holdings Ltd. · ASX:SGI
Stealth — Stealth Global Holdings — Shareholder Meeting (November 2018)
32 slides from Stealth's shareholder meeting presentation, Nov 30, 2018
Slide 1: Investor Presentation
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Investor Presentation 2018 Annual General Meeting 30 November 2018
Slide 2: Contents
Contents Corporate Overview Who we are 03 Business Model How we generate shareholder returns 09 Strategy and Outlook How we will grow our business 20 Appendix Additional information 27 Stealth Global Holdings Group AGM Presentation - ASX code: SGI 2
Slide 3: Corporate Overview
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Corporate Overview Who we are 30 November 2018
Slide 4: Stealth Global Holdings
Stealth Global Holdings International supply and distribution business of everyday workplace consumable products and supply chain solutions to business customers. Our Company Vision Corporate Snapshot To become a market leading international supply and distribution group, and first choice ASX Code S
Slide 5: Stealth by the Numbers
Stealth by the Numbers Robust and growing distribution portfolio Our Group Key Stats • Wide range consumable products provides a one-stop-shop solution • Strong supply and distribution network - local, regional, international FY18 $66m revenue Multiple ‘fit for purpose’ – ‘fit for market’ sales chan
Slide 6: Investment Highlights
Investment Highlights 01 Heatleys acquisition • Transformational acquisition - increases overall competitiveness, a point of difference and strengthens the balance sheet. • Geographically diverse and strategic growth platform with operational capability across Australia, Africa, United Kingdom, Euro
Slide 7: FY June 2018 Financial Performance – Combined with Heatleys
FY 30 June 2018 Financial Performance – Combined with Heatleys REVENUE $m GROUP SALES BY CUSTOMER OPERATION FY18 OVERVIEW LOCATION FY18 68.0 66.1 • Revenue increased by 18% during the year 66.0 Africa 64.0 31% • FY18 normalised EBITDA(1) of $2.7m 62.0 60.0 • EBITDA(2) of $1.6m up 29% on FY17 58.0 56
Slide 8: Progress Since ASX Listing
Progress Since ASX Listing We continue to grow, expand and strengthen our business competitiveness Achievement Highlights ✓ Transferred 68 domestic Australian based customers from Stealth to the Heatleys operation. ✓ Commenced consolidation of suppliers and leveraging combined spend for improved buy
Slide 9: Business Model
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Business Model How we generate shareholder returns 30 November 2018
Slide 10: Our Business
Our Business Stealth Global Holdings Limited About Us Summary International supply and Founded 2014 - listed on the ASX in October 2018. Concurrently acquired Heatleys Safety & Industrial (30yr history) 01 Who We Are distribution group A successful international supply and distribution group providi
Slide 11: Business Model
Business Model Supplier and distributor of everyday workplace consumable products to business customers 1 SOURCE 2 SUPPLY & DISTRIBUTION 3 SALES & CUSTOMER SUPPORT Order fulfilment Multi-channel sales and distribution Comprehensive range of products warehousing, consolidation, delivery ‘local, regio
Slide 12: Consumable Product Range
Consumable Product Range Wide-range of 500,000+ workplace products we can access INDUSTRIAL & MRO SAFETY & PPE HEALTHCARE WORKPLACE • Maintenance, repair & • Clothing • Everyday needs • First aid kits operations (MRO) supplies • Footwear • Packaging & tapes • Medical supplies • Hoses & fittings • Ha
Slide 13: We Sell the Best Brands Across our Range of Products
We Sell the Best Brands Across our Range of Products Key comprehensive range from a large selection of 1,912 suppliers Product Category Range Some of the Brands we Sell Abrasives Adhesives, Air Tools & Automotive, Car Care & Cleaning & Clearance Sealants & Equipment 4WD & Parts Accessories Janitoria
Slide 14: We Sell to Blue Chip Clients
We Sell to Blue Chip Clients Key clients across mining, engineering & construction and industrial sectors 1 2 3 4 Miners Mining Services Engineering & Construction General & Other Industries Stealth Global Holdings Group AGM Presentation - ASX code: SGI 14
Slide 15: Our Positioning in the Product Distribution Supply Chain
Our Positioning in the Product Distribution Supply Chain A business-to-business wholesaler, supplier and distributor with multiple sales channels Product Manufacturers Wholesalers Distributors Sales Channels Customers Sales representatives Stealth Focus and catalogues Branch offices (Australia) Busi
Slide 16: We are Organised by Geographical Markets
We are Organised by Geographical Markets The customer markets we serve – by location (combined with Heatleys) AUSTRALIA UK/EUROPE $44.8m 67.8% $0.6m 1.0% Sales / FY18 % Group Sales / FY18 % Group Year Revenue Year Revenue Greenfields commencement in 2017 Most of activity in Western Australia • Whole
Slide 17: Value Proposition – Global Supply Chain Solutions
Value Proposition – Global Supply Chain Solutions A ‘one-stop-shop’ solution for large and medium customer types BUSINESS MODEL CUSTOMER CASE STUDY – Global and Integrated Services One-stop-shop for everyday workplace consumable products 1 SOURCE Wide range product offer 2 SUPPLY & DISTRIBUTION Ware
Slide 18: Australia Operations
Australia Operations Our largest customer and service market is in Western Australia & South Australia CANNING VALE (WA) – BRANCH OFFICE & DISRIBUTION CENTRE KALGOORLIE (WA) – BRANCH OFFICE BUNBURY (WA) – BRANCH OFFICE BASSENDEAN (WA) – BRANCH OFFICE WINGFIELD (SA) - BRANCH OFFICE AUSTRALIA • 12,300
Slide 19: Australia Operations
Australia Operations Our largest customer and service market is in Western Australia & South Australia INSIDE OUR OPERATIONS Stealth Global Holdings Group AGM Presentation - ASX code: SGI 19
Slide 20: Strategy and Outlook
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Strategy and Outlook How we will grow our business 30 November 2018
Slide 21: Clear Plan and Strategy
Clear Plan and Strategy We have an international distribution platform with a broad range of products and services for the multiple sectors PAST / OLD How we compete Sales & Distribution to end users and resellers operating in Australia, Africa, Asia Perth, Australia Western Australia Africa, Asia,
Slide 22: Strategic Priorities
Strategic Priorities Strategic growth pillars Focus over the next 2 years Leverage Stealth and Heatleys combination • Extract synergies and position the group portfolio for growth and expansion. • Deliver organic growth objectives by investing in scalable platform for growth opportunities with all c
Slide 23: Competitive Business Models
Competitive Business Models “There are numerous local and international competitors, although we believe there is no Australian business of our type with the same combined business model and geographic spread” TIMELINES Business area Our business A B C Value proposition – How we compete Oct – Dec 18
Slide 24: Next 12 months Report Card
Next 12months Report Card Stealth Global Holdings Limited Growth areas Actions in 2019 (calendar year) to measure Result Sales & leverage growth - Heatleys • Focus on winning new business accounts with large and medium size customer types. Report end Existing customers and markets 01 • • Existing cu
Slide 25: Outlook
Outlook 1. RESOURCE ACTIVITY IN AUSTRALIA • More than A$12b of mining projects are in the pipeline for WA and likely to proceed, with major iron ore developments the biggest contributor. Business News May 2018 • The trend estimate for total mineral exploration expenditure increased 6.8% (A$34.6m) to
Slide 26: Disclaimer
Disclaimer This document has been prepared by Stealth Global Holdings (the Company) and is provided for information purposes only. This document does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the Company nor does it co
Slide 27: Appendix
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Appendix Additional Information 30 November 2018 27
Slide 28: Our Board
Our Board Well balanced and experienced team MikeArnold Chris WhartonAM JohnGroppoli PeterUnsworth KarenLogan Group Managing Director Chairman Non-ExecutiveDirector Non ExecutiveDirector CompanySecretary • Stealth Founder • Member of the Order of Australia • Specialist in franchising, mergers & • Ch
Slide 29: FY2018 Consolidated Profit & Loss – Stealth Global Holdings
FY2018 Consolidated Profit & Loss – Stealth Global Holdings Full year results to 30 June 2018 (Pre-IPO) FY18 FY17 COMMENTARY PROFIT & LOSS $M $M Revenue 23.45 17.64 • Revenue up 33% to $23.45m from: Operating Costs 22.75 16.98 • Increased activity Capital Drilling $4.6m • UK growth (ex CD) $0.7m EBI
Slide 30: FY2018 Balance Sheet – Stealth Global Holdings
FY2018 Balance Sheet – Stealth Global Holdings Full year results to 30 June 2018 (Pre-IPO) FY18 FY17 COMMENTARY BALANCE SHEET $M $M Current assets • FY18 does not include benefits of successful completion of Cash and cash equivalents 0.27 0.09 IPO on 28 Sept 2018 raising $12.5m Trade and other recei
Slide 31: FY2018 Cash Flow – Stealth Global Holdings
FY2018 Cash Flow – Stealth Global Holdings Full year results to 30 June 2018 (Pre-IPO) FY18 FY17 COMMENTARY CASHFLOW $M $M NPAT (0.50) 0.02 • Increased cash inflows $0.94m from operating activities; • decrease in trade receivables, and Movement in working capital 1.70 0.24 • increase in trade payabl
Slide 32: Questions
An international supply and distribution group providing everyday workplace consumable products and solutions to business customers. Questions Questions 30 November 2018
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