1H23 financial results & business update
Six months to 30 September 2022
Enabling the connected future
24 November 2022 © Rakon Limited
Disclaimer
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.