Aztech Global Ltd. · SGX:8AZ
Aztech Global — Shareholder Meeting (April 2024)
16 slides from Aztech Global's shareholder meeting presentation, Apr 16, 2024
Slide 1: Aztech Global Ltd. Annual General Meeting 2024
Aztech Global Ltd. Annual General Meeting 2024 16 April 2024
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertain
Slide 3: AGM 2024
AGM 2024 1. FY2023 Review 2. Proposed Final Dividend 3. Outlook © 2022 2024 Aztech Global Ltd.
Slide 4: FY2023 Review
FY2023 Review Delighting people with smarter solutions © 2024 Aztech Global Ltd.
Slide 5: Achieved Record Revenue and Net Profit in FY2023
FY2023 Review Achieved Record Revenue and Net Profit in FY2023 EPS FY2023 12.96 Cents FY2022: 8.70 Cents Up 49% (1) Basic and diluted EPS for FY2023 and FY2022 has been computed based on the profit attributable to equity holders of our Company divided by weighted average of ordinary share in issue o
Slide 6: Net Profit Crossed $100 million in FY2023
FY2023 Review Net Profit Crossed $100 million in FY2023 $ Million FY2023 FY2022 % Change Better FY2023 performance was mainly due to Revenue 896.3 820.2 9.3 revenue growth, greater economies of scale, higher interest income and lower net fair value EBITDA 133.6 90.3 48.0 loss on foreign exchange con
Slide 7: Strong Balance Sheet with a Net Cash Position
FY2023 Review Strong Balance Sheet with a Net Cash Position ($ Million) As at 31 December 2023 2022 As at 31 December 2023 Cash & Bank Balances 231.4 196.0 Net Cash NAV/Share Short-term Investments 40.6 30.3 Lease Liabilities (4.9) (3.2) $249.8 M 45 Cents Total Bank Borrowings (17.3) (5.3) 31 Decemb
Slide 8: Full-Scale Operations at 300,000 sq ft Pasir Gudang Manufacturing Facility
FY2023 Review Full-Scale Operations at 300,000 sq ft Pasir Gudang Manufacturing Facility SMT Assembly & Test Wave Soldering Packaging 8 SMT production lines © 2024 Aztech Global Ltd. © 2022 Aztech Global Ltd
Slide 9: Proposed Final Dividend
Proposed Final Dividend © 2024 Aztech Global Ltd.
Slide 10: Proposed Final Tax-Exempt Dividend Per Share of 5 Cents
Proposed Final Dividend Proposed Final Tax-Exempt Dividend Per Share of 5 Cents Interim Dividend Per Share Proposed Final Tax Exempt Total Tax Exempt Dividend Paid on 11 Aug 2023 Dividend Per Share Per Share for FY2023 3 cents 5 cents 8 cents © 2022 2024 Aztech Global Ltd. All currencies are in Sing
Slide 11: Dividend Trend
Dividend Trend Financial Period Dividend per Dividend Amount Dividend Paid Out Date Year share (Cents) Paid Out ($’Millions) Ratio (%) Paid Out 2021 Interim - - - - Final 5.0 38.6 - 12-May-2022 Total 5.0 38.6 51.9 2022 Interim 3.0 23.1 23-Nov-2022 Final 1.5 11.6 17-May-2023 Total 4.5 34.7 51.7 2023
Slide 12: Outlook
Outlook © 2024 Aztech Global Ltd.
Slide 13: Growing our Customer Base & Capturing New Opportunities
Outlook Growing our Customer Base & Capturing New Opportunities ▪ Leveraging core strengths in electronics design and manufacturing, the Group has recently secured new customers including: -US-based companies providing smart baby monitoring, health-tech wearable & kitchen scrap management solutions
Slide 14: Cautiously Optimistic of Business Prospects for next 6-12 months
Outlook Cautiously Optimistic of Business Prospects for next 6-12 months Risks & Challenges relating to: Supply chain and managing customers’ forecasts Inflationary cost pressures Foreign currency fluctuations High interest rate environment Macroeconomic uncertainties Geopolitical tensions © 2024 Az
Slide 15: We aim to grow our business with: Mitigation measures
Outlook We aim to grow our business with: Mitigation measures - Disciplined balance sheet & cost management - Leverage the Group’s versatile operational framework to manage and balance customer orders across our manufacturing plants to ensure timely delivery, and sa:feguard our employees’ health and
Slide 16: Thank You
Thank You 16 April 2024 Aztech