Air Asia Co. Ltd. · TWSE:2630
Air Asia — FY2024 Earnings Presentation
15 slides from Air Asia's earnings presentation, Mar 14, 2025
Slide 1: AIR ASIA Limited Company 2025 Investor Conference
2630 AIR ASIA Limited Company 2025 Investor Conference 2025/3/14
Slide 2: Disclaimer
Disclaimer The information contained in this presentation and its accompanying announcements, including content relating to business outlooks, financial operations, and business forecasts, is based on information derived from internal corporate data and external economic developments as a whole.
Slide 3: Financial Results
Financial Results
Slide 4: Statements of Comprehensive Income
Statements of Comprehensive Income (In NT$ thousands) Without Employee stock option & Loss valuation of Asset Y2024 Y2024 Items Year 2024 Year 2023 over Year 2023 over Y2023 Y2023 Net Revenue 5,200,056 4,863,682 336,374 4,876,021 324,035 Operating Costs 4,737,697 4,526,256 211,441 4,492,002 245,695
Slide 5: Revenue and Margin Analysis
Revenue and Margin Analysis 2023 Revenue 2024 Revenue Commercial Commercial Aircraft Aircraft 12% 14% Military Military Aircraft & Aircraft & Helicopter Helicopter 88% 86% Commercial Aircraft Military Aircraft & Helicopter Margin by Devision 800,000 5,000,000 Commercial Aircraft Growth Rate 15.4% Gr
Slide 6: Balance Sheets & Key Indices
Balance Sheets & Key Indices (In NT$ thousands) Y2024 Items Year 2024 Year 2023 over Y2023 amount % amount % amount Cash and cash equivalents 155,614 3 254,265 5 (98,651) Contract assets 1,364,969 24 1,181,069 22 183,900 Accounts Receivable 1,411,962 24 1,445,017 25 (33,055) Inventories 1,348,862 23
Slide 7: EPS and Dividend
EPS and Dividend mmm EPS wes Dividend(retained eamings) mans Dividend(capital surplus) —— Payout Ratio “SN 100% - 75% > | 30% 0.36 931 | 596 0. coll 0% 2020 2021 2022 2023 2024
Slide 8: Performance Overview
Performance Overview
Slide 9: Main Government Business
Main Government Business Year 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Contract GOCO 5Y NT$13.36B 5Y NT$13.36B GOCO 4Y NT$1.19B 5Y NT$1.76B 3Y NT$1.06B (Songshan) OH-58D 7Y NT$1.63B 7Y NT$2.08B TH-67 7Y NT$1.41B 8Y NT$1.81B CH-47SD 7Y NT$1.4B NASC UH-60M 5Y NT$1.05B 2Y NT$0.4
Slide 10: Commercial Business Recovery
Commercial Business Recovery Revenue of Commercial Aircraft Maintenance 119% 900,000 120% 800,000 100% 94% 100% 700,000 600,000 73% 80% 65% 500,000 48% 60% 400,000 300,000 40% 200,000 20% 100,000 - 0% NT$ Thousands 2019 2020 2021 2022 2023 2024 Note: % Based on the same period in 2019
Slide 11: Market Overview-MRO
Market Overview-MRO Average age of the global fleet has risen from 13.6 years to a record 14.8 years, driving the growth of the MRO market Narrow-body aircraft will continue to dominate the future fleet, with their share increasing from 62% to 68% by 2035
Slide 12: Market Overview-Line Maintenance
Market Overview-Line Maintenance Looking ahead to 2025, IATA forecasts that global air passenger demand will grow by approximately 8%, with capacity increasing by 7%, and the average passenger load factor reaching 83.4% By 2025, the Asia-Pacific region is expected to account for over 25% of glob
Slide 13: Business Development
Business Development Dual certification from FAA and EASA, striving for comprehensive maintenance contracts in the commercial aviation sector Develop the Australian market and reclaim the Thai market, which has transitioned to EASA regulations Strive for government contracts on performance enh
Slide 14: Business Development
Business Development Expand maintenance capacity into UAV, and undertake commercial maintenance contract from the NCSIST Apply for technology transfer of UAV composite airframe manufacturing from the NCSIST R&D programs for key technologies of UAV are continuing to improve
Slide 15: Thank you
2630 AIR ASIA Limited Company Thank you
AIR ASIA Limited Company — FY2024 Earnings Presentation on 6ix