Gdex Bhd · MYX:GDEX
Gdex Bhd — Investor Presentation (March 2024)
19 slides from Gdex Bhd's investor presentation, March 2024
Slide 1: Investor Presentation
Investor Presentation GDEX Berhad March 2024
Slide 2: Disclaimer
Disclaimer The information contained in this Presentation is provided as at the date of this document and is subject to change without notice. This Presentation is for information purposes only. This Presentation contains data and views sourced from independent third parties. In replicating such dat
Slide 3: Our Story – From Malaysia to Global
Our Story – From Malaysia to Global Vietnam Cambodia Saudi Arabia Malaysia Indonesia Singapore
Slide 4: Major Shareholders
Major Shareholders Teong Teck Others Lean & Family 25.3% 39.2% Current Shareholding Singapore Post Yamato 12.3% 23.2%
Slide 5: Key Milestones
Key Milestones 2016 Japan’s Yamato Group entered GDEX as the second largest shareholder 2020 2022 2011 Acquired 30% equity Launch of new GDEX stake in Web Bytes Philosophy Acquired 51% equity 1997 2005 Singapore Post stake in Sweetmag entered GDEX as a Entered Indonesia via Change of name from GD Ex
Slide 6: GDEX 2.0 – A Platform-Based Ecosystem
GDEX 2.0 – A Platform-Based Ecosystem COMPLETE SOLUTIONS – Mobilising Businesses Logistics Technology Warehousing and Logistics Service Fulfilment Service Digital Web & Online Cybersecurity Smart Retail Shipping Enterprise Insurance Solutions & POS System Platform Solutions Platform Business Synergi
Slide 7: Logistics Business Units
Logistics Business Units Warehousing and Express Delivery Logistics Service Logistics Service Fulfilment Service Domestic and international Storage, inventory Specialising in heavy and bulky Principally serves the financial express delivery management, order fulfilment, items industry pick and pack,
Slide 8: Technology Business Units
Technology Business Units 100% 60% 38% 51% 100% Digital Shipping Cybersecurity Smart Retail & Web & Enterprise Online Insurance Platform Solutions POS System Solutions Platform • Self-print consignment • Provide consultation on • Cloud-based Point-of- • Web design, platform • A range of insurance no
Slide 9: Our Institutional Partners
EX Our Institutional Partners ow YAMATO TRANSPORT "52 BlackBerry is | shopify mapletree NY TOKIO MARINE INSURANCE GROUP Copyright © GDEX Berhad. All rights reserved. Private and Confidential Oo igs @cYBLE BE Microsoft 4 Sapura Allianz (i) x8 MITSUI&CO.
Slide 10: Malaysia – Express Delivery under GDEX Brand
Malaysia – Express Delivery under GDEX Brand Sabah Region Hub Kota Kinabalu Branch Northern Region Hub 4,700 Butterworth Branch Sabah Warehouse Kota Kinabalu 45,000 sq ft Network points Southern Region Hub Johor Bahru Branch 1,423 Vehicles Auto Hub (HQ) Petaling Jaya 350,000 sorting capacity per day
Slide 11: Malaysia – Logistics (Warehousing & Fulfilment)
Malaysia – Logistics (Warehousing & Fulfilment) Ambient 555k sq ft Storage Warehouse space 34,500 pallets Target New SMEs Customers Sales strategy Onboarding in 2024
Slide 12: Vietnam Operations – NETCO (50% stake)
Vietnam Operations – NETCO (50% stake) Top 5 4 42 187 Express delivery Branches and Central Hubs Vehicles player in Vietnam Sub-Branches Introducing more 936 B2B & RM 62.6m RM 8.8m (VND 326.8b) (VND 45.9b) Employees B2C FY2023 Revenue FY2023 Net Loss Services GDEX’s share of loss: RM 4.4m Improving
Slide 13: Indonesia Operations – SAPX (44.5% associate stake)
Indonesia Operations – SAPX (44.5% associate stake) No. 1 230 >13,000 >3,950 COD delivery Branches Retail counters Total Fleet player in Indonesia RM 2,662 >6,080 80k sqft RM 0.3m 186.4m (IDR 1.1b) Partners Employees Warehouse space (IDR 622.1b) FY23 Net Profit FY23 Revenue GDEX’s share of profit: R
Slide 14: Information Technology – Strategies and Prospects
Information Technology – Strategies and Prospects RM 33.4m Revenue (FY23) • Ramping up reselling services • Emphasis on human capital and resources • Upcoming new market in Philippines • Focusing on R&D • Expect strong growth
Slide 15: Financials – Positive EBITDA and FCF
Financials – Positive EBITDA and FCF Profitability (RMm) Profitability (RM m) Positive FCF Positive FCFand andNet CashPosition Net Cash Position(RM(RM m) m) 19.9% 20.1% 17.1% 257.4 636.9 239.5 237.2 212.2 10.4% 187.6 9.0% 397.2 383.5 6.5% 354.0 5.4% 98.7 313.9 3.8% 128.2 53.7 32.5 70.5 19.0 34.4 15.
Slide 16: Segmental Earnings by Business Division
Segmental Earnings by Business Division Revenue (RM m) EBIT (RM m) 50.0 578.0 346.0 343.2 10.1 1.3 (1.0) (5.1) 57.2 (8.2) 22.9 19.4 13.7 33.4 (17.3) (16.9) Express Delivery Logistics IT Express Delivery Logistics IT 18M FY21 FY22 FY23 18M FY21 FY22 FY23 Express Delivery Logistics IT • Higher losses
Slide 17: Earnings by Country – Aims to be a Leading Player in ASEAN
Earnings by Country – Aims to be a Leading Player in ASEAN Revenue (RM m) FY22 FY23 YoY 4Q22 4Q23 YoY Malaysia 315.6 331.3 5.0% 84.5 85.7 1.4% Vietnam 65.5 62.6 (4.5%) 17.0 16.1 (5.2%) Singapore 2.4 2.9 24.9% 1.3 0.3 (74.1%) Total (Reported) 383.5 397.2 3.6% 102.8 102.5 (0.3%) Indonesia (Associate)1
Slide 18: ESG Highlights
ESG Highlights Environment 5,584 91 Economic/Governance Social • Commenced automated sorting hub Staff trained Completed Level 3 Malaysian Skills Certificate • Deployed iFleet Management • 127,081 kWh of solar 29,368 System to improve fleet efficiency energy generated, savings of 15% per 14 9 • Depl
Slide 19: THANK YOU
THANK YOU