This presentation contains not only a review of operations, but also some forward looking statements about Rakon Limited and the environment in which the company operates. Because these statements are forward looking, Rakon Limited's actual results could differ materially
Although management and directors may indicate and believe that the assumptions underlying the forward looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect and, therefore, there can be no assurance that the results contemplated in the forward looking statements will be realised
Media releases, management commentary and investor presentations are all available on the company's website and contain additional information about matters which could cause Rakon Limited's performance to differ from any forward looking statements in this presentation. Please read this presentation in the wider context of material previously published by Rakon Limited
1
Agenda
Key highlights and achievements
Sinan Altug (CEO)
Operating performance & market update
Sinan Altug
Financial overview
Anand Rambhai (CFO)
Sinan Altug
Summary & outlook
Sinan Altug
Q&A
Anand Rambhai
2
1H23 - key highlights & achievements
3
Strong core business growth offsets chip-shortage revenue impacts
Financial highlights
Revenue
$87.2m
$1.7m +2%
Underlying EBITDA1
Operating cash flow
Revenue
$114m $119m
$172m
$128m
$87m
$85m
$28.1m
$1.7m +6%
Net profit after tax
$16.0m
$2.9m -15%
$0.0m
$4.5m -100%
Net cash/(debt)
$18.4m
$4.8m -21%
v March 2022
FY19
FY20
FY21
FY22
HY23
Underlying EBITDA1
$54m
$28m
$23m
$11m
$15m
$26m
Notes:
FY19
FY20
FY21
FY22
HY23
All figures are presented in New Zealand dollars unless otherwise indicated
4 All comparisons are to the prior corresponding period (i.e. six months to 30 September 2021) unless otherwise noted
1 Refer to note 5 of the FY2022 audited consolidated financial statements for an explanation of how 'Non-GAAP Financial Information' is used, including a definition of 'Underlying EBITDA' and reconciliation to NPAT
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Rakon Limited published this content on 23 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2022 19:56:10 UTC.
Rakon Limited is a global technology company that designs and manufactures advanced frequency control and timing solutions for a range of applications. Its segments include New Zealand (NZ), France/India, France HiRel, Timemaker Group (T'maker), and All other segments (Other). The NZ segment designs and manufactures products for telecommunications, global positioning and defense markets. The France/India segment designs and manufactures products for the telecommunication market. The France HiRel segment designs and manufactures products for the space and defense markets. The T'maker segment produces crystal blanks. The Other segment includes Rakon Financial Services Limited, Rakon UK Holdings Limited, and Rakon Investment HK Limited. Its India facility in Bengaluru contract manufacture products. They also design and manufacture products for the local Indian defense, aeronautics and space markets. Its core markets are telecommunications, space and defense, and global positioning.
RAKON LIMITED 
