Kandal M Venture Limited · NASDAQ:FMFC
Kandal M Venture — IPO Roadshow (February 2025)
23 slides from Kandal M Venture's IPO roadshow presentation, Feb 20, 2025
Slide 1: Kandal M Venture Limited Free Writing Prospectus
Kandal M Venture Limited Proposed Nasdaq Symbol: FMFC | February 2025 FREE WRITING PROSPECTUS 0
Slide 2: Disclaimer / Forward-Looking Statements
Disclaimer / Forward - Looking Statements This presentation pertains to the proposed public offering of Class A ordinary shares ("Class A Ordinary Shares") of Kandal M Venture Limited (the "Company"), an exempted company incorporated under the laws of the Cayman Islands with limited liability, which
Slide 3: Free Writing Prospectus Statement
Free Writing Prospectus Statement This free writing prospectus relates to the proposed initial public offering of the Class A ordinary shares (the “Class A Ordinary Shares"), par value US $ 0 . 00001 per share, of Kandal M Venture Limited (the "Company"), which are being registered on the Registrati
Slide 4: Offering Summary
Offering Summary Kandal M Venture Limited Issuer FMFC Proposed Nasdaq Capital Market Symbol 16,000,000 Ordinary Shares (including 13,000,000 Class A Ordinary Shares and 3,000,000 Class B Ordinary Shares) Ordinary Shares Issued and Outstanding Prior To This Offering • 2,000,000 Class A Ordinary Share
Slide 5: Company Overview
Company Overview Through FMF Manufacturing Co,. Ltd. (“FMF”), our operating subsidiary, we are a contract manufacturer of affordable luxury leather goods with our manufacturing operations in Cambodia. We primarily manufacture handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top
Slide 6: Our business operations consist of four main segments
Product Development Pre - Production Production Inventory and Logistics Management Business Operations Our business operations consist of four main segments:
Slide 7: Design Overview: Product Development
Design Overview Product Development Customer provides design package including designs, technical drawings, specifications, and type of possible raw material choices. Customer Collaboration Kandal M Venture Limited (“KMV”) collaborates with customer to refine pre - production sample until it fully a
Slide 8: Pre-Production
Calculate Raw Materials Pre - Production Our purchasing team calculates the consumption of each type of raw materials required. Provide Pilot Sample We produce a pilot sample for customer approval for mass production. Once a customer is satisfied with the pre - production sample and places an order
Slide 9: Production and Quality Checks
Material Quality Check Production Perform incoming quality control on all raw materials to ensure their quality meets the specifications and standards of our products. Product Quality Check Manufacture products in our Cambodia factory with our quality control team monitoring each production phase. F
Slide 10: Inventory & Logistics Management
Branded Packaging Inventory & Logistics Management Pack them with their product labels, merchant cards and shipping marks. Quantity Assurance Verify and number the finished product packages according to customer delivery notices and packing notes. Logistics & Transport Engage a third - party logisti
Slide 11: Production Facility Location and Lease Details
Location Headquarters and main production facility located in Kandal Province, Cambodia. Facility Structure Includes two factory buildings, an office complex, and a dormitory. Operations All production activities conducted at the Cambodia Factory. Production Facility Lease Details Total land size: 1
Slide 12: Industry & Market Data
According to Bain & Company, the global personal luxury goods market is projected to reach US$560 - 610 billion by 2030, more than double its 2020 size. $560B - $610B The global luxury handbag market size is Estimated to reach US$ 50.9 billion by 2031, growing at a CAGR of 6.01% during the forecast
Slide 13: Major Market Drivers
Recovery of Developed Economies Increasing Online Shopping and Social Media Influence Youth - Oriented Demographic Structure Favorable Tariff Preferences and Trade Agreements Major Market Drivers
Slide 14: Competitive Strengths
Long - Term Relationships with Renowned Global Fashion Brands Expertise in Manufacturing Process and Efficient Operations Collaborative Supplier Relationships Experienced Management Team Competitive Strengths
Slide 15: Growth Strategies
Broadening Our Customer Base and Geographical Market Reach Growth Strategies Enhancing Production Capacity Establishing a New Design and Development Center 01 02 03
Slide 16: Financial Highlights (Six Months)
Financial Highlights (All amounts expressed in US dollars) September 30, 2024 September 30, 2023 Period 9,523,465 8,008,988 Revenue 2,266,692 1,868,340 Gross Profit 651,621 765,156 Profit 23.8% 23.3% Gross Profit Margin September 30, 2024 March 31, 2024 Period 10,410,899 10,179,105 Total Assets 146,
Slide 17: Financial Highlights (Fiscal Years)
Financial Highlights (All amounts expressed in US dollars) For the years ended March 31 2024 2023 Period 13,971,743 13,471,471 Revenue 3,367,103 2,812,362 Gross Profit 1,119,532 744,499 Profit 24.1% 20.9% Gross Profit Margin 10,179,105 5,891,329 Total Assets 3,786,495 (1,240,746) Net Current AssetsP
Slide 18: Governance & Management
Governance & Management • Primarily responsible for the day - to - day administrative and operational management of our Group, monitoring the management team of our Company and its subsidiaries, and overseeing and providing overall supervision and management of our leather goods manufacturing busine
Slide 19: Independent Director Nominees
Independent Director Nominees • Will serve as Chairlady of the Audit Committee and member of the Compensation and Nominating and Corporate Governance Committees. • Ms. Yeung has over 20 years experience in accounting, auditing, financial management, internal control and corporate governance. She gra
Slide 20: Investment Considerations
Investment Considerations • Well - positioned to benefit from increasing global luxury goods consumption • Improved cost management produced higher gross profit margins and earnings • Expert management with extensive experience in leather goods industry and finance • Long - term relationships with r
Slide 21: Appendix
APPENDIX Kandal M Venture Limited
Slide 22: Corporate Structure
Corporate Structure Kandal M Venture Limited (“KMV”) (Cayman Islands) Padachi M Venture Limited (“PMV”) (BVI) Prospect Focus Limited (“PFL”) (Hong Kong) FMF Manufacturing Co., Ltd. (“FMF”) (Cambodia)
Slide 23: Issuer Contact
Issuer Contact Kandal M Venture Limited Executive Office Padachi Village, Prek Ho Commune, Takhmao Town, Kandal Province, Kingdom of Cambodia Telephone Number +855 23425205 Office in the Cayman Islands Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman,