ASBISC ENTERPRISES PLC Q4 and FY2023 Presentation
THE MOST PROFITABLE YEAR IN OUR
HISTORY WITHOUT ONE-OFF EVENTS
29 FEBRUARY 2024
2
Disclaimer
- This presentation (the "Presentation") was prepared by ASBISc Enterprises Plc (the "Company") with a due care. Still, it may contain certain inconsistencies or omissions. The Presentation does not contain a complete or thorough financial analysis of the Company and does not present its standing or prospects in a comprehensive or in-depth manner. Therefore, anyone who intends to make an investment decision with respect to the Company should rely on the information disclosed in the official reports of the Company, published in accordance with the laws applicable to the Company. This Presentation was prepared for information purposes only and does not constitute an offer to buy or to sell any financial instruments.
- The Presentation may contain 'forward-looking statements'. However, such statements cannot be treated as assurances or projections of any expected future results of the Company. Any statements concerning expectations of future financial results cannot be understood as guarantees that any such results will actually be achieved in future. The expectations of the Board of Directors are based on their current knowledge and depend on many factors due to which the actual results achieved by the Company may differ materially from the results presented in this document. Many of those factors are beyond the awareness and control of the Company or the Company's ability to foresee them.
- Neither the Company, nor its directors, officers, advisors, nor representatives of any such persons are liable on account of any reason resulting from any use of this Presentation. Additionally, no information contained in this Presentation constitutes any representation or warranty of the Company, its officers or directors, advisors or representatives of any of the above persons. The Presentation and the forward-looking statements speak only as at the date of this Presentation. These may not be indicative of results or developments in future periods. The Company does not undertake any obligation to review, to confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this Presentation.
Agenda
01. | 02. | 03. | 04. |
KEY | FINANCIAL | 2024 | BACK-UP |
CORPORATE | RESULTS | OUTLOOK | |
EVENTS |
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Key corporate events
Total exit from Russia
ASBIS disposed of the second and last subsidiary in Russia, which marked a total exit from this country.
Progressing expansion in Africa
ASBIS introduced Seagate and Bang & Olufsen to Africa.
ASBIS also opened two new Bang & Olufsen stores there.
Interim dividend payment
Payment of the interim dividend from 2023 earnings (US$ 0.20/share).
October 2023
November 2023
December 2023
Continued revenue growth
+11%
YoY sales growth in November 2023 - we practically matched our sales with the record-breaking November of 2021.
+30%
YoY revenue growth in October 2023 - we hit record high revenues in October.
+8%
YoY sales growth in December 2023 - another month with continuation of the growth.
MONTHLY REVENUES (US$ m)
+14% YoY
350,0
300,0
250,0
200,0
150,0
100,0
50,0
-
.22 | .22 | .22 | .22 | .22 | .22 | .22 | .22 | .22 | .22 | .22 | .22 | .23 | .23 | .23 | .23 | .23 | .23 | .23 | .23 | .23 | .23 | .23 | .23 |
I | II | III | IV | V | VI | VII | VIII | IX | X | XI | XII | I | II | III | IV | V | VI | VII | VIII | IX | X | XI | XII |
2023 by Focus Areas
16,000 | Serve 19,000 | 5 solution |
Resellers | Enterprises | categories |
Sell Thru | 36 Apple stors | #1 | 15 |
7,400 POS | 6 B&O stors | in CIS | |
ASBIS Geo
Expansion
4 Regional
Distribution Centers
§ Czech Republic
§ UAE
§ South Africa
§ Georgia
Research Labs
ROBOTS
COMPUTINGSUSTAINABILITY
Touch On Keys
ELECTRONICS | ENERGY |
Energy Storage
Smart accessories
GAMING | DIGITAL SIGNAGE |
Hardware for Gamers
MED-TECH
Smart Home Appliences
Bio Med Research | Medical Diagnostics |
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Agenda
01. | 02. | 03. | 04. |
KEY | FINANCIAL | 2024 | BACK-UP |
CORPORATE | RESULTS | OUTLOOK | |
EVENTS |
10
One-off events affected the NPAT for 2023
NET INCOME FOR 2023
USD 78M
Reclassification foreign exchange - USD 11.5M (net finance cost)
Impairment loss - USD 10.5M (other gains/losses)
Provision for bad debt - USD 3.0M (selling expenses)
NET INCOME FOR 2023
USD 53M
(including one-off events)
one-off events
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Disclaimer
ASBISc Enterprises plc published this content on 01 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2024 11:12:19 UTC.
