Innature Bhd · MYX:INNATURE
Innature Bhd — Q2 2022 Earnings Presentation
15 slides from Innature Bhd's earnings presentation, Aug 17, 2022
Slide 1: 2Q2022 Results
2Q2022 RESULTS 17 AUGUST 2022 A constituent of FTSE4Good Bursa Malaysia Index and FTSE4Good Bursa Malaysia Syariah Index since June 2022
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 Review
BUSINESS REVIEW
Slide 4: Highlights: fourfold jump in profits, declares 1.0 sen interim dividend
2Q2022 HIGHLIGHTS ❑ Surge in quarterly results amid Hari Raya festivity on the back of economy reopening Achieves and reduced Covid-19 restrictions, and improvement in margins. fourfold jump in ❑ Digital & remote channels contributed profits, declares 13.9% to total revenue despite almost all stores
Slide 5: 2Q2022 Business Review
2Q2022 BUSINESS REVIEW MALAYSIA VIETNAM CAMBODIA ❑ Hari Raya celebration amid ❑ Topline growth driven mainly ❑ Stronger topline driven mainly reopening of economy fueled by transactions and footfall, be higher transactions and transactions, footfall and but at a slower pace vis-à-vis footfall. topli
Slide 6: Business Review: Store Counts
2Q2022 BUSINESS REVIEW As at 30.6.2022, we operate 116 stores across Malaysia, Vietnam and Cambodia, supported by more than 600 employees. Vietnam Store Count At 1.1.2022 39 Malaysia Store Count Addition 1 At 1.1.2022 77 Closure 1 Addition 1 At 30.6.2022 39 Closure 3 At 30.6.2022 75 Relocation 1 Rel
Slide 7: Post-2Q2022 Outlook
POST-2Q2022 OUTLOOK ❑Post-pandemic business environment continues to be challenging. ❑Demand for The Body Shop brand will remain. ❑Product rejuvenation rolling out progressively with improved formulations and sustainable packaging. ❑Prudent in managing the business. ❑Target to open at least 1 more s
Slide 8: Financial Performance
Financial Performance
Slide 9: Financials at a Glance
FINANCIALS AT A GLANCE 2Q2022 Revenue 2Q2022 GP Margin Shareholders’ equity Net gearing ratio (1) RM39.6m 66.2% RM144.8m Net Cash 42% y-o-y 1.3 pp y-o-y as at 30.6.2022 as at 30.6.2022 Declares 1.0 interim 2Q2022 PAT 2Q2022 PAT Margin 2Q2022 Net operating dividend, representing cashflow RM5.6m 1
Slide 10: 2Q2022 Revenue
2Q2022 REVENUE Revenue by Country (RM’000) Revenue by Channel (%) 39,570 Group 27,913 +41.2% 2Q2022 Ecommerce 2Q2021 Conversational & social commerce 4.04% 31,344 Ecommerce Malaysia 21,014 +49.2% 9.82% 16.52% Vietnam 7,279 6,179 +17.8% 13.9% Conversational 31.4% Store revenue from revenue from & soc
Slide 11: 2Q2022 Profitability
2Q2022 PROFITABILITY % change PAT by Country (RM’000) As a % As a % 2Q2022 6,000 RM'mil 2Q2022 of revenue 2Q2021 of revenue vs 2Q2021 5,000 4,000 Revenue 39.57 100.0% 27.91 100.0% 41.8% 3,000 2,000 GP 26.19 66.2% 18.11 64.9% 44.6% 1,000 Rent (5.20) 13.1% (4.36) 15.6% 19.2% - Staff (9.42) 23.8% (7.37
Slide 12: YTD Financial Performance
YTD FINANCIAL PERFORMANCE % change Revenue As a % As a % 1H2022 % change RM'mil 1H2022 of revenue 1H2021 of revenue vs 1H2021 As a % As a % 1H2022 By Country Group 73.31 100.0% 65.91 100.0% 11.2% RM'mil 1H2022 of revenue 1H2021 of revenue vs 1H2021 Malaysia 57.37 78.3% 49.70 75.4% 15.4% Vietnam 14.1
Slide 13: Solid Financial Position
SOLID FINANCIAL POSITION Assets (RM’mil) Liabilities & Shareholder’s Equity (RM’mil) 179.79 183.81 179.79 183.81 Other assets 14.41 13.60 Other liabilities 15.86 18.96 11.17 MFRS 16 lease PPE & IA 10.59 19.11 20.71 MFRS 16 ROU 18.22 19.75 liabilities Inventories 27.70 35.04 Goodwill 50.44 Shareholde
Slide 14: Cash Generative Business
CASH GENERATIVE BUSINESS Net Operating Cashflow, Capex Paid and Free Dividends (RM’000) Cashflow (RM’000) and Pay-Out Ratio 40,000 40,000 100% 35,741 94% 35,000 35,000 90% 29,528 29,560 80% 30,000 27,851 30,000 70% 70% 70% 25,000 23,006 25,000 21,333 60% 20,000 20,000 50% 15,000 14,118 14,118 40% 15
Slide 15: Thank You
THANK YOU