Innature Bhd · MYX:INNATURE
Innature Bhd — Q1 2021 Earnings Presentation
14 slides from Innature Bhd's earnings presentation, May 20, 2021
Slide 1: 1Q2021 Financial Results
business as a force for good 1Q2021 Financial Results 20 May 2021
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain forward looking statements with respect to InNature Berhad’s (“InNature”) financial condition, results of operations and business, and management’s strategy, plans and objectives for InNature. These statements include, without limitation, those that expr
Slide 3: Business Update
InNature BUSINESS UPDATE
Slide 4: Malaysia Business Update
MALAYSIA BUSINESS UPDATE • MCO 2.0 affected mall traffic, especially pre- CNY period. • Most stores remain open and continue to serve customers physically or through Call / Click & Collect (“C&C”). • Work from home for HQ staff. • Redeployment of resources to support Ecomm and C&C. 4
Slide 5: Malaysia Business Update
MALAYSIA BUSINESS UPDATE • Despite MCO 2.0, TBS Malaysia shown strong recovery in 1Q21 with SSSG returned to flat of -0.6%. • Ecomm sales tripled YoY, contribution at 9.5%. • C&C channels contributed 17.1% to sales. • Natura sales nearly doubled YoY, underpinned by social selling channel. • Closed 1
Slide 6: Vietnam Business Update
VIETNAM BUSINESS UPDATE • Revenue growth of 13.9% YoY. • SSSG of 5.6%. • Opened 38th store at Vincom Landmark 81, HCMC in 1Q21. 6
Slide 7: Cambodia Business Update
CAMBODIA BUSINESS UPDATE • 39% YoY revenue growth in 1Q21 despite Covid-19 cases impacting our 1st store. • Ecomm sales more than double QoQ in 1Q21. 7
Slide 8: Financials
FINANCIALS 8
Slide 9: Financials at a Glance
FINANCIALS AT A GLANCE A strong rebound in profitability on the back of a solid balance sheet RM38.0m | +1.6% 1Q2021 revenue RM144.6m RM56.2m shareholders’ equity cash, deposits, funds 31.3.2021 31.3.2021 RM5.1m | +36.6% 1Q2021 core PAT, 13.4% margin RM5.1m | +85.4% Net Cash net gearing ratio 1.5 se
Slide 10: 1Q2021 Revenue
1Q2021 REVENUE Revenue expansion in overseas market, while TBS Malaysia Increasing contribution from Ecomm contribution saw turnaround with flat SSSG of -0.6% overseas market continues to advance Revenue by Business Unit 1Q2021 Ecomm Revenue TBS CM 38,001 2.41% Natura MY +105.9% 1.41% Group 37,383 +
Slide 11: 1Q2021 Core PAT
1Q2021 CORE PAT Core PAT by Business Unit, 1Q2021 6,000 5,000 +36.6% 4,000 strong rebound in Group core profits. ______ 3,000 Profit expansion in all TBS markets RM’000 2,000 1,000 despite ongoing Covid-19 challenges. ______ - -1,000 -14.8% -2,000 reduction in Natura losses. Inv Group TBS MY TBS VN
Slide 12: Store Network
STORE NETWORK 124 stores as at THE BODY SHOP VIETNAM 31.3.2021 > 11 years of operation 31.12.2020 31.3.2021 Change 37 38 +1 THE BODY SHOP CAMBODIA > 1 year of operation 31.12.2020 31.3.2021 Change THE BODY SHOP MALAYSIA 2 2 - > 36 years of operation 31.12.2020 31.3.2021 Change 84 83 -1 NATURA MALAYS
Slide 13: Prospects
PROSPECTS • Covid-19 will continue to be a key limiting factor in 2021. • We will continue to vigorously execute our digitalisation and omnichannel initiatives. • Group to remain resilient and profitable in 2021. 13
Slide 14: Thank You
THANK YOU 14