Imdex Ltd · ASX:IMD
Imdex — Citi Australia and New Zealand Investor Conference 2024
23 slides from Imdex's conference presentation, Oct 15, 2024
Slide 1: ASX announcement cover letter for Citi conference presentation
15 October 2024 Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001 CITI AUSTRALIA AND NEW ZEALAND INVESTOR CONFERENCE 2024 PRESENTATION For personal use only Dear Sir/Madam Please find attached the Macquarie Australia Conference 2024 presentation to be presente
Slide 2: Citi Australia and New Zealand Investment Conference 2024
For personal use only Citi Australia and New Zealand Investment Conference 2024 imdex.com
Slide 3: Forward Looking Statements
Forward Looking Statements For personal use only This presentation may contain certain ‘forward-looking statements’ and projections provided by IMDEX makes no representations as to the accuracy or completeness of any such statement or on behalf of Imdex limited (IMDEX). Forward-looking statements ca
Slide 4: Our purpose as a leading global mining-tech company
For personal use only Our purpose as a leading global mining-tech company is to efficiently and sustainably unlock the earth’s value…
Slide 5: Uniquely positioned to enable customers to find, define and mine orebodies
For personal use only We are uniquely positioned to enable customers to find, define and mine orebodies with precision, confidence and at speed.
Slide 6: Presentation Overview
Presentation For personal use only Overview MARKET & INDUSTRY UPDATE 1Q25 PERFORMANCE GROWTH STRATEGY FOR CONTINUED OUTPERFORMANCE WHY IMDEX WILL DELIVER 5
Slide 7: Market & Industry Update / 1Q25 Performance
For personal use only Market & Industry Update 1Q25 Performance 6
Slide 8: 1Q25 Update (unaudited)
31.0 1Q25 Update (unaudited) CONTINUING TREND OF OUTPERFORMANCE IN REVENUE V DRILLING ACTIVITY For personal use only 1Q REVENUE 126.1 105.9 108.8 111.9* 3%* ~25% DRILLING ACTIVITY ON PCP* 1Q25 REVENUE ON 4Q24 86.8 (4% up at constant currency) 67.6 1Q25 KEY STATISTICS 61.4 11%* Av. sensors on hire do
Slide 9: Around Our Regions
31.0 Around Our Regions STEADY ACTIVITY For personal use only NORTH • Seasonal slowdown commencing in line with SOUTH • Activity remains steady with demand from near historical trends mine copper projects AMERICA AMERICA • Junior activity remains subdued in Mexico and • Activity in Peru and Argentin
Slide 10: Customers are Echoing Improving Sentiment and Long-term Opportunities
31.0 Customers are Echoing Improving Sentiment and Long-term Opportunities For personal use only Market conditions, particularly for juniors, remain …we expect to increase our capital and exploration challenging, with a continued lack of funding translating to expenditure as we unlock productivity,
Slide 11: Compelling Long-Term Outlook
Compelling Long-Term Outlook SIGNALS THAT DRIVE LONG-TERM EXPLORATION ACTIVITY ARE LINING UP For personal use only SUPPLY DEMAND COMMODITY CAPITAL RAISINGS GLOBAL FUNDMENTALS PRICES & EXPLORATION EXPLORATION BUDGETS ACTIVITY Significant need to replace Gold and copper prices have Funds raised by jun
Slide 12: Growth Strategy for Continued Outperformance
For personal use only Growth Strategy for Continued Outperformance 11
Slide 13: Strategy
Strategy DELIVERING VALUE THROUGH TECHNOLOGY LEADERSHIP AND INTEGRATED OFFERING For personal use only Core Business Growth New Business Growth TECHNOLOGY INTEGRATED DIGITAL IMT LEADERSHIP SOLUTIONS BUSINESS BUSINESS Targeted R&D to maintain market Focusing on optimised integrated Building on geoscie
Slide 14: FY25 Focus Areas
FY25 Focus Areas CONTINUING TO EXECUTE ON STRATEGIC INITIATIVES TO DRIVE GROWTH ACROSS THE BUSINESS For personal use only PROTECTING INVESTING INVESTING IN OUR INVESTING IN OUR AND DEVELOPING IN DIGITAL CORE BUSINESS NEW BUSINESS OUR PEOPLE 2.5 GROWTH GROWTH Safety culture Systems that enable IMDEX
Slide 15: Integrated Solutions – Key to Outperforming Market
31.0 Integrated Solutions – Key to Outperforming Market DRIVING CUSTOMER VALUE AND SHARE OF EXPLORATION SPEND For personal use only TODAY: TRANSITIONING FROM PRODUCT SALES TO INTEGRATED SOLUTIONS CLIENT CASE STUDY: REVENUE ACHIEVED WITH INTEGRATED SOLUTIONS $100 EXPLORATION SPEND $100 EXPLORATION SP
Slide 16: IMDEX Integrated Solutions: 43% uplift in drilled feet
IMDEX Integrated Solutions: 43% uplift in drilled feet Case study with a client based in Southern Arizona, USA “ For personal use only Results • Significant time savings and efficiencies, reduced project interfaces and created tripartite relationship IMDEX managed • Vast amounts of data accessible t
Slide 17: DeviDrill delivers directional drilling program in environmentally sensitive area
DeviDrill delivers directional drilling program of high technical quality in environmentally sensitive area Case study at Anglo American’s Sakatti project in Sodankylä, Finland “ For personal use only Results • Multi-branch DeviDrill program enabled AA to reach 45 targets from only 10 drill pads, re
Slide 18: ACTx Improves Confidence in Core Orientation and Efficiency
ACTx Improves Confidence in Core Orientation and Efficiency at the Core Shed Case study in Matheson Ontario, Canada For personal use only Results IMDEX introduced ACTx at • ACTx provided a consistent 10% increase in both the rig site and leveraged attempted and successful core orientations across on
Slide 19: Why IMDEX Will Deliver
For personal use only Why IMDEX Will Deliver 18
Slide 20: Growth Opportunities FY26+
Growth Opportunities FY26+ KEY INDICATORS AND GROWTH DRIVERS For personal use only Market Growth Upside IMDEX Growth Upside Margin • Increased drilling activity Expansion supported by: Market Share • Increasing percentage of revenue • Supply demand imbalances Gains from Digital Business • Growth of
Slide 21: Resilient EBITDA Margins
31.0 Resilient EBITDA Margins COMPELLING OPPORTUNITIES FOR FURTHER EXPANSION • Maintained baseline margin of For personal use only EBITDA MARGINS (%) ~30% since FY21 • Market activity decline in FY24 offset by: 22.9 28.6 30.7 29.8 29.4 • market-share growth • the introduction of higher-value technol
Slide 22: Why IMDEX Will Continue to Deliver
Why IMDEX Will Continue to Deliver A STRONG FINANCIAL OUTPERFORMING ABILITY TO ACCELERATE ESTABLISHED GLOBAL PLATFORM INDUSTRY GROWTH ORGANIC GROWTH CLIENT NETWORK For personal use only Strong history of EBITDA margin 5-year revenue CAGR 12.8% Technology leadership An unparalleled global footprint e
Slide 23: For personal use only
For personal use only CONFIDENTIAL: FOR CUSTOMER INTERNAL CONSIDERATION ONLY. This presentation has been prepared by IMDEX LIMITED (‘THE COMPANY’). It contains general background information about the company’s activities and forward-looking statements based on information known to date and subject
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