Slide 1: 1Q 2024 Business Performance Update Presentation
Aztech Global Ltd. 1Q 2024 Business Performance Update Presentation 23 April 2024
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: 1Q 2024 Business Performance Update
1Q 2024 Business Performance Update 1. Financial Performance Review 2. Order Book 3. Outlook © 2022 2024 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 4: Financial Performance Review
Financial Performance Review Delighting people with smarter solutions © 2024 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 5: 1Q 2024 Financial Performance Summary
1Q 2024 Financial Performance Summary Achieved 1Q 2024 Net Profit of $15.9 Million Profit Revenue EBITDA before tax Net Profit $128.6 M $21.5 M $18.9 M $15.9 M © 2024 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 6: Increase in Profit Margins, Net Cash and NAV Per Share
1Q 2024 Financial Performance Summary Increase in Profit Margins, Net Cash and NAV Per Share As at 31 March 2024 EBITDA & Basic EPS (Cents) Net Cash NAV/Share Net Profit Margins (%) 2.06 16.7 1.73 $302 M 47 Cents 31 December 31 December 12.4 2023: $249.8M 2023: 45 Cents 10.9 8.3 (1) Weighted average
Slide 7: 1Q 2024 Revenue by Segments
1Q 2024 Revenue by Segments IoT Devices & Data-Communications Products – Key Revenue Contributor IoT Devices and Data-Comm Products Segment Revenue Revenue by Countries ($ Million) (%) (%) 1.7% 158.0 99.1% 2.6% 0.5% 127.5 123.7 10.9% 1Q 2023 1Q 2024 84.3% 1Q 2022 The rescheduling of customers orders
Slide 8: 1Q 2024 Results Y-o-Y Comparison
1Q 2024 Results Y-o-Y Comparison Net Profit Increased by 18.7% YoY in 1Q 2024 Higher net profit mainly attributable to: $ Million 1Q 2024 1Q 2023 % Change ▪ net fair value gain on foreign exchange of Revenue 128.6 161.6 (20.4) $2.3 million (1Q 2023: loss $3.1 million); and EBITDA 21.5 17.6 22.2 ▪ wr
Slide 9: Balance Sheet Summary as at 31 March 2024
Balance Sheet Summary as at 31 March 2024 Healthy Balance Sheet with Net Cash of $302 Million As at 31 March 2024, the Group reported: ($ Million) 31 March 2024 31 December 2023 ▪ a strong net cash of $302 million; while Cash & Bank Balances 272.6 231.4 Short-term Investments 50.4 40.6 ▪ accumulated
Slide 10: Order Book
Order Book Delighting people with smarter solutions © 2024 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 11: Secured Order Book of $456 Million & Growing our Customer Base
Order Book Secured Order Book of $456 Million & Growing our Customer Base ▪ Order book secured as at 23 April 2024 was $456 million. ▪ Built on the momentum to secure new customers for the following products:- (i) sound and light IoT product (ii) visual IoT display product ▪ In addition to secured o
Slide 12: Outlook
Outlook Delighting people with smarter solutions © 2024 Aztech Global Ltd. All currencies are in Singapore dollars unless otherwise specified.
Slide 13: Outlook: Cautiously Optimistic of Business Prospects for FY2024
Outlook Cautiously Optimistic of Business Prospects for FY2024 Risk factors: Supply chain and managing customers’ forecasts Inflationary cost pressures Foreign currency fluctuations High interest rate environment Macroeconomic uncertainties Geopolitical tensions © 2024 Aztech Global Ltd. All currenc
Slide 14: Risk Mitigation
Risk Mitigation Strengthening our business through ▪ lean and efficient network of design, engineering, R&D and manufacturing capabilities enabled by A.I. technology ▪ close collaboration with customers and suppliers to manage forecasts, component and production requirements ▪ disciplined balance sh
Slide 15: Thank You
Thank You 23 April 2023 Aztech