Bsa Limited · ASX:BSA
Bsa — Investor Presentation (February 2025)
16 slides from Bsa's investor presentation, Feb 20, 2025
Slide 1: Investor Presentation
INVESTOR ay PRESENTATION .” | BSA Limited Half Year— 31 December 2024 02
Slide 2: H1 FY25 Summary
H1 FY25 Summary $148.3m $14.1m $7.9m HY25 Revenue HY25 EBITDA HY25 NPAT +22.2% (1H FY24* $121.4m) +39.6% (1H FY24* $10.1m) +1.8% (1H FY24* $7.8m) $8.0m $2.2m $10.9m Operating Cash Flow Net cash Net assets + 207.6% (1H FY24 OCF $2.6m) (FY24 ($6.4m) net debt) +581.3% (FY24 $1.6m) Note: Market Announce
Slide 3: Our Business
3 Experience Clients BSA has a wealth of experience in Our Business providing technical and workforce management solutions BSA clients include some of Australia’s leading organisations 100% Australian operated Strengths BSA will use its core strengths as a leading Telco and Smart National Energy Ser
Slide 4: Key Contract Overviews
Key Contract Overviews The below provides an overview of key current contracts Secured an extension to the existing single national Evergreen Smart metering Installation Installation services for electric vehicle charging supplier agreement for an additional 3 year with contract in NSW, QLD, & SA. i
Slide 5: nbn Services Contract update
nbn Services Contract update nbn represents 83% of the Group’s Revenue (FY24) nbn Operations Growth and Emerging Markets New nbn Services Contract 17% The remaining operations of BSA include: - BSA has been verbally notified by NBN Co (nbn) that, at this stage, it has not been selected as a preferre
Slide 6: Health, Safety & Environment (HSE) Performance
6 Health, Safety & Environment (HSE) Performance Health and Safety Index Scores Total Recordable Injury Frequency Rate 86 7 84 6 82 5 80 4 78 83 85 3 6.23 5.48 Highlights: 76 74 2 77 72 75 1 2.59 2.49 • Focus on HSE strategic pillars of Leadership, Engagement, Risk & Systems, and Health & 70 0 Welln
Slide 7: People
People Focus on investing in our greatest asset enabling the Group's success Highlights: • Certified as a Great Place to Work (GPTW) for the second year running; • Focus on compliance and training; • Significant improvement in people retention; and • Focus on People strategic pillars of Learning & D
Slide 8: Financial Update
Financial Update
Slide 9: Financial Performance
B S A L i m BSA Limited Investor Presentation HY2024 i t e d I n v Financial Performance Commentary e s Strong growth in Gross margin and EBITDA • H1 FY2025 revenue of $148.3m (+22.2% vs. prior t corresponding period (pcp)). The increase in o r revenue is due to improved volumes and P Summary ($'m)
Slide 10: Balance Sheet
Commentary Balance Sheet • Strong growth in net asset position driven ($'m) H1 FY25 FY24 Change by strong financial performance, lower borrowings and settlement of legacy legal Current assets 36.1 38.4 (2.3) matters in the previous financial year; - Cash 2.2 1.6 0.6 - Working capital (incl. contract
Slide 11: Cash flow
Cash flow Commentary • Operating cash flow improved by 207.6% Cash flow results ($'m) H1 FY25 H1 FY24 Change versus prior corresponding period, driven through financial performance; EBITDA before restructuring costs and significant items 14.1 8.4 5.7 • EBITDA cash conversion at 61% for 1H FY25 Key c
Slide 12: Capital Management
Commentary Capital Management • Net cash of $2.2m (significant turn around Funding Facilities ($’m) Institution Drawn Available Limit from net debt position of ($6.4m) at 30 June 2024); Cash Facilities Debtor financing facility CBA - 16.5 16.5 • Extension of Finance facility with CBA ,on similar ter
Slide 13: FY25 Priorities & Outlook
FY25 Priorities & Outlook nbn transition 1 • Ensure reasonable transition of services; • Focus on people. Subject to client volumes being consistent with 1HFY2025, the current profitability run-rate can continue over the remainder of FY2025. Review operations Given the uncertainty and variability su
Slide 14: Appendix – Group results
Appendix – Group results (inclusive of significant items) Revenue and other income ($'m) HY22 HY23 HY24 HY25 Change CUI – Continuing Ops 122.5 123.0 121.4 148.3 27.1 APS – Discontinued Ops 95.1 100.2 6.6 - (6.6) Total Revenue 217.6 223.2 128.0 148.3 20.5 EBITDA ($'m) HY22 HY23 HY24 HY25 Change CUI –
Slide 15: Important Notice
Important Notice DISCLAIMER: For personal use only This presentation has been prepared by BSA Limited (the “Company”) ABN 50 088 412 748 and provides general background information about the Company’s activities. That information is current at the date of this presentation. The information is a summ
Slide 16: Thank You
a bsa Thank You WWW.BSA.COM.AU