Paragon Care Limited · ASX:PGC
Paragon Care — Shareholder Meeting (November 2012)
16 slides from Paragon Care's shareholder meeting presentation, Nov 28, 2012
Slide 1: Annual General Meeting
Annual General Meeting Wednesday 28th November, 2012
Slide 2: Premium provider of equipment to acute, aged and community care
Over the last four years, Paragon Care (ASX:PGC) has emerged as a distinguished premium provider of equipment to the acute, aged and community care sector.
Slide 3: 4 Year Financial Snapshot
4 Year Financial Snapshot 2012 A 2011 A 2010 A 2009 A ($m) ($m) ($m) ($m) Revenue 15.8 16.3 9.4 1.1 Cost of Goods (8.8) (9.6) (5.8) (0.2) Sold Gross Margin 7.0 6.7 3.6 0.9 44% 41% 38% 81% Operating (6.3) (5.2) (3.1) (0.7) Expenses EBITDA 0.7 1.5 0.5 (0.2) NPAT (0.1) 0.8 0.2 (0.3)
Slide 4: 2012 – Year of Consolidation
2012 – Year of Consolidation ⋄ Short term ‘spike’ in operating costs ($5.2M to $6.3M) ⋄ Restructure of operations to a central location at Nunawading ⋄ Increased the scope of the Paragon distribution network ⋄ The company’s debt levels were significantly reduced ($8.1M to $6.6M) ⋄ Significant tender
Slide 5: 2012 Achievements
2012 Achievements ⋄ Built a major medical distribution business from five acquisitions ⋄ Turnover approaching $20 million with significant organic growth ⋄ Reduced operating costs by > 10% during the current year ⋄ Flat management structure ⋄ Tender wins during 2012 extend over the next 2-3 years
Slide 6: 2013 – Current Year Priorities
2013 – Current Year Priorities ⋄ Return the Company to immediate profitability ⋄ Continued expansion into New South Wales and Queensland markets ⋄ Maintain attractive Gross Margins whilst increasing Sales Volumes ⋄ Capitalise on opportunities available due to Aged Care Reform ⋄ Continue to reduce de
Slide 7: 2014 – Objectives
2014 – Objectives ⋄ Dividend Program for shareholders ⋄ Selected Acquisitions at attractive multiples ⋄ Major Hospital and Aged Care projects ⋄ Expand product offering to the Health & Aged Care sector ⋄ Increased IP ownership through GM Medical manufactured products
Slide 8: Current Year Profit Guidance
Current Year Profit Guidance 2013 2012 Forecast Actual Revenue 16m – 17m 15.8m EBITDA 1.0m - 1.5m 0.7m NPAT 0.7m – 1.2m (0.1m)
Slide 9: Markets served
• Acute Care • Aged Care • Community Care • Primary Care • Materials Handling • Specialised Manufacturing
Slide 10: Patient Stretchers, Mobile Surgical Units, Medical Carts
Patient Stretchers Mobile Surgical Units Medical and Medication Carts Screen Systems IV Systems
Slide 11: Acute care and aged care beds and furniture
World class acute care and aged care beds and furniture. The dignified care concept.
Slide 12: Bedding Products, Mattresses, Furniture
Bedding Products Mattresses Furniture Lifting Systems Chair Systems
Slide 13: Shelving Systems, Service Carts, Refrigeration Systems
Shelving Systems Service Carts Refrigeration Systems Mortuary Systems
Slide 14: Stainless steel equipment for acute and aged care
Stainless steel equipment for acute and aged care markets.
Slide 15: Corporate
Corporate Capital Structure Board of Directors Shares on issue: 32.3m Chairman: Shane Tanner Market Cap: $6.6m Managing Director: Mark Simari Total Debt: $6.3m Non Exec Director: Mike Newton Enterprise Value: $12.9m Executive Director: Brett Cheong Company Secretary: Darryl Levin Key Shareholder Sta
Slide 16: Questions
www.paragoncare.com.au Questions