Intraco (I06) AGM presentation summary

FY2023 financial performance

• Revenue S$158,579k vs S$192,893k in FY2022; profit after tax S$3,214k vs loss of S$1,336k.

• Results from operating activities were S$2,450k vs a loss of S$1,730k; net finance income was S$1,071k vs S$363k.

• EPS was 2.83 cents vs LPS of 1.18 cents; weighted average shares were 112.5m in FY2023 and 112.1m in FY2022.

Financial position

• Net assets reached S$61.8m at FY2023 year-end; net asset value per share was S$0.55 vs S$0.53 in FY2022.

• Current ratio was 4.0 vs 3.1 in FY2022; cash and investments were S$45.6m and total borrowings were S$3.7m.

Segment performance

• Trading and distribution revenue was S$148,743k; digital assets and tokenisation S$278k; mobile radio infrastructure management S$6,110k; passive fire protection S$3,448k.

• PBT was S$4,578k for trading and distribution, S$69k for digital assets and tokenisation, a loss of S$682k for mobile radio infrastructure management, and S$138k for passive fire protection.