Shriro Holdings Ltd. · ASX:SHM
Shriro — FY2024 Earnings Presentation
9 slides from Shriro's earnings presentation, Aug 29, 2024
Slide 1: Full Year Results Presentation
SHRIRO HOLDINGS (SHM) 12 MONTHS TO 30 JUNE 2024 Full Year Results Presentation For personal use only Tim Hargreaves, Chief Executive Officer | 29 August 2024
Slide 2: Executive Summary
12 months to 30 June 2024 Executive Summary For personal use only • EBITDA was $14.5M, ($17.3M before $1.2M Seasonal business strategy change and ERP costs of $1.6M). EBITDA margins were 12.1% (FY23 11.5%). • Revenue was $119.5M, lower than the prior year due to the Appliance business exit. • Contin
Slide 3: Results
12 months to 30 June 2024 Results For personal use only 30 June 2024 Change 30 June 2023* Revenue $119.5M (21.6%) $152.4M Gross Margin 44.2% +5.7% 41.8% EBITDA $14.5M (17.6%) $17.6M EBITDA Margin 12.1% +5.2% 11.5% NPAT $6.9M (13.8%) $8.0M Cash Position $24.3M (25.9%) $32.8M Dividend Declared August
Slide 4: Australasian Market
12 months to 30 June 2024 Australasian Market For personal use only • As a result of strong 50th Anniversary promotional activity, the Casio watch business continued to grow across all distribution channels. • In Australia, revenues for Everdure BBQs grew 16% on pcp, driven by additional promotions
Slide 5: International Market
12 months to 30 June 2024 International Market For personal use only • Challenging market conditions persisted, especially in Europe, where consumer demand for outdoor products remained subdued. Although export sales dropped by 45%, retailer store sell-through was significantly higher, suggesting th
Slide 6: Growth Strategies
Growth Strategies For personal use only ORGANIC IN-ORGANIC • Introduction of new products • Leveraging a strong balance sheet • Exploration of new distribution brand • Assigning an executive to seek opportunities with an executive acquisition opportunities, focusing dedicated to integrating these br
Slide 7: FY25 Outlook
FY25 Outlook • Despite the uncertain macroeconomic climate, Shriro anticipates EBITDA growth from For personal use only $14.5M for FY25. • Casio calculators and G-Shock watches are expected to continue to perform well, despite the uncertain consumer spending outlook. • Export growth is expected in F
Slide 8: End
End For personal use only This announcement was authorised for release by the Board of Directors of Shriro Holdings Ltd. FULL YEAR RESULTS PRESENTATION 9
Slide 9: Disclaimer
Disclaimer For personal use only This presentation (Document) has been prepared by Shriro Holdings Limited ABN 29605279329 (Shriro Holdings Limited the Company). This document is a presentation to provide background information on the Company and its subsidiaries and is not an offer or invitation or