Energy One Limited · ASX:EOL
Energy One — H1 2018 Earnings Presentation
19 slides from Energy One's earnings presentation, Feb 23, 2018
Slide 1: Investor Presentation for 1H18
Energy One Limited (ASX:EOL) For personal use only Investor Presentation for 1H18 1
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by Energy One Limited (EOL) and comprises written materials and slides for a presentation concerning EOL. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, se
Slide 3: Contents
Contents For personal use only Results summary 4 Recurring revenue 5 Financials 6 Business update 8 Market outlook 10 3
Slide 4: A strong first half
A strong first half For personal use only Another profitable result for the six months to 31 December 2017, our 8th consecutive half of profitability. Key financial metrics vs. previous corresponding period include: $5.02M Revenue up 75% $1.34M EBITDA up 105% $0.95M NPBT up 191% These increases were
Slide 5: Strong recurring revenue was maintained despite revenues almost doubling
Strong recurring revenue was maintained despite revenues almost For personal use only doubling $5.0M Recurring revenues Operating Revenue account for 66% of our $4.5M Recurring revenue operational revenues. $4.0M $3.5M Target for recurring $3.0M revenue in FY18 is ~70% $2.5M $2.0M Recurring revenues
Slide 6: Income statement
Income statement For personal use only $’000 FY14 FY15 FY16 FY17 FH 18 Commentary Operating Revenue 2,848 4,768 4,583 5,429 4,699 1H revenue almost equal to full year 17 revenue Other revenue 606 782 584 688 319 Direct project related costs (56) (33) (43) (59) (90) Employee benefits expense (1,713)
Slide 7: Balance sheet
Balance sheet For personal use only $’000 FY15 FY16 FY17 FH 18 Cash and cash equivalents 1,983 2,228 468 1,020 The dip in FY17 due to acquisition Trade and other receivables 2,319 2,056 2,867 2,534 Total Current Assets 4,344 4,387 3,562 3,716 Plant and equipment 64 502 429 419 Intangible assets 629
Slide 8: Business update: it's been a busy half
Business update: it’s been a busy half For personal use only ✓ Integration of acquisitions now completed ✓ Successfully merged two trading systems for a large customer ✓ Upgraded EnergyOffer for a generator ✓ Acquired >10 new customers/upgrades for NemSight and SimEnergy ✓ Released solar-PV analytic
Slide 9: It will be more of the same for the second half
It will be more of the same for the second half For personal use only ✓ Focus on continuing to grow domestic sales We enter the second half with 1-2 large project in procurement, 1-2 medium sized projects in development and several smaller opportunities in the pipeline. ✓ Explore other geographies a
Slide 10: Strong organic growth opportunities supported by regulatory changes
For personal use only Strong organic growth opportunities supported by regulatory changes 1) Regulatory change to facilitate gas trading 2) Regulatory change to move to a 5 minute settlement market 3) Off-shore sales of EnergyFlow 10
Slide 11: Regulator changing the way Australian gas markets operate
Regulator changing the way Australian gas markets operate For personal use only • The Australian Energy Regulator is implementing a capacity trading market in 2019 • Gas pipelines will need to publish data related to their spare pipeline capacity • AEMO will arrange an auction of this spare capacity
Slide 12: Gas capacity trading will require enhancements and new software
For personal use only Gas capacity trading will require enhancements and new software • EOL’s pypIT software serves 40% of the gas transmission market and will play an important role in facilitating the data transfer for capacity trading and (consequent) scheduling of the traded capacity. • These re
Slide 13: Electricity market reform will also provide additional opportunities
Electricity market reform will also provide additional For personal use only opportunities • The Australian Energy Market Commission has announced that, from 2021, electricity market settlement periods will change from 30-minute intervals to 5-minute intervals • This reform is intended to encourage
Slide 14: EOL well placed to deliver additional modules and new software
EOL well placed to deliver additional modules and new software to facilitate For personal use only these changes • This is a considerable opportunity for Energy One as we possess the local focus • and knowledge to address the consequent software system renewal/upgrade requirements to enable this cha
Slide 15: European sales update
For personal use only European sales update • The response to Energyflow has been encouraging with the software helping customers with very complex trade settlements • We have secured a modest sale for the UK arm of a multi-national energy company, expected to go-live in H2 FY18, and a paid proof-of
Slide 16: Company summary
Company summary For personal use only Company metric Substantial shareholders Share price (22/2/17) 72 cents Mr Ian Ferrier 33.3% Share price 52 week high 90 cents Mr Vaughan Busby 19.0% Share price 52 week low 36 cents Mr Ottmar Weiss 5.8% Shares on Issue 20,340,855 Mrs Emma Jane Gracey 4.7% Market
Slide 17: EOL software provides solutions across the energy trading spectrum
EOL software provides solutions across the energy trading spectrum For personal use only EnergyOne NemSight EnergyOffer EnergyFlow pypIT Trading & SimEnergy Market Physical Contracts & Business Gas analytics dispatch for derivatives trading process scheduling & power/gas & risk automation market man
Slide 18: EOL software has 80+ customers and 1200+ users
EOL software has 80+ customers For personal use only and 1200+ users, including: 18
Slide 19: For personal use only
For personal use only Mr Shaun Ankers - CEO and Managing Director Email: enquiries@energyone.com.au Level 13, 77 Pacific Highway North Sydney NSW 2060 19