Investor Presentaiton
PFT HISTORICAL FINANCIAL PERFORMANCE
FY17 ($)
FY18 ($)
FY19 ($)
Sales
3,119,334
3,580,782
3,789,405
COGS
2,144,813
2,574,751
2,478,721
Gross Profit
974,521
1,006,031
1,310,684
Expenses
1,125,142
1,576,053
1,329,045
EBITDA
189,797
(310,087)
144,678
Profit after Tax
56,952
(499,563)1
(322,158)²
Notes
1 During FY18, PFT implemented an aggressive strategy to increase sales revenue and reduce costs. This resulted in additional costs related to promotion,
travel, marketing, etc. In addition, PFT also undertook an extensive review of operating efficiencies, input product costs, packaging and processes at
Woodbridge Smokehouse. As a result of incurring these additional costs and conducting this review, PFT has achieved lower costs of production, lower
raw product costs, product rationalisation (improving productivity and operating efficiency) and price increases on the sale of its products.
2 As detailed in Section 6 of the Prospectus, the Investigating Accountant determined that an impairment of $334,000 in respect of intangible assets should
have been recognised as at 30 June 2019, resulting in an after tax loss of $(322,158) for FY19 (previously a $11,842 profit after tax).
Pure Foods Tasmania - Investor Presentation (February 2020)
9View entire presentation