Genusplus Group Ltd. · ASX:GNP
Genusplus — Shareholder Meeting (November 2022)
31 slides from Genusplus's shareholder meeting presentation, Nov 28, 2022
Slide 1: 2022 Annual General Meeting
2022 Annual General Meeting 28 November 2022 Melaleuca Room Central Park Conference Centre Ground Floor 152-158 St Georges Terrace Perth, Western Australia Image: Yandin Wind Farm, WA
Slide 2: Formal Business: Items of Business
Formal Business 02 Items of Business 1. Financial Statements & Reports 2. Resolution 1 – Adoption of the Renumeration Report 3. Resolution 2 – Re-election of Director – Simon Robert High 4. Resolution 3 – Ratification of prior issue of 16,528,926 Ordinary Shares pursuant to Listing Rule 7.4 5. Resol
Slide 3: Resolution 1: Adoption of the Remuneration Report
Formal Business 03 Resolution 1: Adoption of the Remuneration Report Resolution 1 For Against Open1 Abstain Adoption of 20,556,101 4,200 319,117 700 Remuneration Report (Non-Binding) 98.45% 0.02% 1.53% N/A 2022 AGM | Investor presentation Note: 1. Open votes in favour of the Chairman will be voted i
Slide 4: Resolution 2: Re-election of Director – Simon Robert High
Formal Business 04 Resolution 2: Re-election of Director – Simon Robert High Resolution 2 For Against Open Abstain Re-election of 20,585,933 75,068 392,034 0 Mr Simon Robert High 97.78% 0.36% 1.86% N/A 2022 AGM | Investor presentation
Slide 5: Resolution 3: Ratification of prior issue of 16,528,926 Ordinary Shares
Formal Business 05 Resolution 3: Ratification of prior issue of 16,528,926 Ordinary Shares pursuant to Listing Rule 7.4 Resolution 3 For Against Open1 Abstain Ratification of 12,557,454 0 392,034 8,103,547 Shares 96.97% 0% 3.03% N/A 2022 AGM | Investor presentation Note: 1. Open votes in favour of t
Slide 6: Resolution 4: Ratification of prior issue of Shares to BJ Fraser ATF
Formal Business 06 Resolution 4: Ratification of prior issue of Shares to BJ Fraser ATF BJ Fraser Family Trust Resolution 4 For Against Open1 Abstain Ratification of 20,658,801 0 392,034 2,200 Shares 98.14% 0% 1.86% N/A 2022 AGM | Investor presentation Note: 1. Open votes in favour of the Chairman w
Slide 7: Resolution 5: Ratification of prior issue of Shares to CC Rankine ATF
Formal Business 07 Resolution 5: Ratification of prior issue of Shares to CC Rankine ATF CC Rankine Family Trust Resolution 5 For Against Open1 Abstain Ratification of 20,642,551 0 408,284 2,200 Shares 98.06% 0% 1.94% N/A 2022 AGM | Investor presentation Note: 1. Open votes in favour of the Chairman
Slide 8: Resolution 6: Additional capacity to issue equity securities
Formal Business 08 Resolution 6: Additional capacity to issue equity securities under Listing Rule 7.1A Resolution 6 For Against Open1 Abstain Additional 18,873,443 1,771,308 408,284 0 capacity to issue equity securities 89.65% 8.41% 1.94% N/A 2022 AGM | Investor presentation Note: 1. Open votes in
Slide 9: Managing Director's Presentation
Managing Director’s Presentation 2022 Annual General Meeting 28 November 2022 Image: Yandin Wind Farm, WA
Slide 10: Part 1: FY22 Results, Part 2: The Future
Part 1: FY22 Results About Genus…………….………………....11 Financial Highlights..................................14 Operational Highlights.......................... 17 Outlook………………………………………18 Growth Strategy….....................................19 SHEQ & People……………………………21 Part 2: The Future Strategy Upda
Slide 11: About Genus
About Genus 11 GenusPlus Group (ASX:GNP) is an end-to-end services provider for essential power and telecommunications infrastructure. We provide an integrated service delivered through key complementary businesses to our clients in the resources, power, utilities and communications sectors across A
Slide 12: Infrastructure, Industrial Services, Communications
Infrastructure Industrial Services Communications Bringing together the industry-leading expertise and Innovative and fully integrated Electrical & From constructing state-of-the-art networks, to deep experience of Powerlines Plus and Proton Instrumentation Services bringing together maintaining and
Slide 13: Recurring Revenue Growth in Utilities
Recurring Revenue Growth in Utilities Through strong relationships with our client base At Genus, we build client relationships for the long term - constructing and maintaining critical power infrastructure for tomorrow and beyond. = Forecast Capital Expenditure 2022/23 $1,011m $100m $600m 2020 $400
Slide 14: Financial Highlights
Financial Highlights $451m Revenue of $451 million up 42% on PCP $33m Statutory EBITDA of $33 million Up 21% on PCP Normalised EBITDA of $35.1 million Up 8.3% on PCP $35.1m Strong result despite the challenges of COVID-19, extremely wet weather seen across NSW and Queensland particularly in the seco
Slide 15: FY2022 Financial Overview
Financials 15 FY2022 Financial Overview Statement of Financial Performance 2021 2022 • Record full year revenue of $451 million up 42% compared A$M A$M Revenue 318.2 450.9 to PCP Statutory EBITDA1 27.3 33.0 • Statutory EBITDA $33 million up 21% on PCP Normalised EBITDA2 32.4 35.1 Depreciation and am
Slide 16: Historical Performance
Financials 16 Historical Performance 2022 AGM | Investor presentation Note: Revenue from recurring works includes long term customer/Panel revenue Note: EBIT-A and NPAT-A adjusts EBIT and NPAT for the FY22 amortisation and revenue from long term supply & maintenance contracts. It excludes supply exp
Slide 17: Operational Highlights
Operational Highlights • Shortlisted to tender for delivery of Transgrid’s HumeLink 500kV Transmission Project in NSW, as part of AKG JV • Commenced the Group’s first 330kV Transmission Project on the East Coast • Reaching completion of the Pilbara Transmission & Iron Bridge Projects for Fortescue –
Slide 18: Outlook
Outlook 18 Outlook • There is a strong orderbook of $604 million comprised of $407 million for FY2023 and $197 million FY2024 including recurring revenues of $154 million in FY2023 and $160 million in FY2024. • Significant investment in growing the East Coast expansion has positioned Genus to benefi
Slide 19: Growth Strategy & Market Drivers
Market Drivers 19 Growth Strategy & Market Drivers • Continuing expansion into East Coast markets - • Leverage strong interconnector investment through leveraging strategic acquisitions in QLD & NSW Genus' increasing East Coast footprint and capability set • Capitalise on regional investment in ener
Slide 20: Expertise at every stage
Capabilities 20 Expertise at every stage At Genus, we maximise the life and profitability of our clients' assets by delivering reliable, schedule driven and cost-effective services at every stage. We provide asset support solutions encompassing 2022 AGM | Investor presentation asset management and u
Slide 21: SHEQ
SHEQ 21 SHEQ • GNP & all entities triple ISO Management System Certified (45001, 14001 & 9001) • Amalgamation of Group-wide SHEQ Management System • Workforce welfare monitoring & vigilance due to COVID • LTIFR at 30 June 2022 was 0.00 • TRIFR at 30 June 2022 was 3.6 People • Headcount of 950 at 30
Slide 22: The Future
Part 2 The Future Pipeline & Outlook | Growth Strategy
Slide 23: Strategy Update – Power
Strategy 23 Strategy Update – Power • AEMO has identified 10,000km of new transmission projects to efficiently deliver firmed renewable energy through the NEM • The 2022 Integrated System Plan calls for levels of investment in generation, storage, transmission and system services that exceed all pre
Slide 24: Queensland SuperGrid Transmission Backbone
Strategy 24 Queensland SuperGrid Transmission Backbone • Queensland’s future electricity system will aim to deliver affordable, reliable and clean power • To be built around two foundational Pumped-Hydro assets • Forecast investment of $285 million in new backbone transmission to move large volumes
Slide 25: Strategy Update – New Energy
Strategy 25 Strategy Update – New Energy • Leveraging 50% acquisition of Blue Tongue Energy (BT Energy), expanding capability in the emerging hybrid power technology and micro-grid segments of the renewables sector • Key milestones achieved at Kwinana Battery Energy Storage System EPC Project workin
Slide 26: Strategy Update – Communications
Strategy 26 Strategy Update – Communications • Telstra Copper Recovery & Recycling Project progressing successfully – further developing this key client relationship • Telstra Blackspot and Regional Connectivity - Programs underway • IEN Construction commenced on East Coast • Awarded HyperOne Hypers
Slide 27: Orderbook & Pipeline
Orderbook & Pipeline 27 Orderbook & Pipeline • Revenue from expected recurring revenue continues to grow at $154 million p.a. • Strong orderbook of $604 million comprised of $407 million for FY2023 and $197 million FY2024. • The tender pipeline of $847 million plus budget and opportunity leads conti
Slide 28: Recent Acquisitions: Updates
Recent Acquisitions: Updates Delivering on our strategy
Slide 29: PFA Update
PFA Update 29 PFA - Update • PFA continues to grow through expansion of contracts and additional work throughout QLD, NSW and the ACT: • QLD: Increased geographic spread with addition of Pioneer region Inspection work volume increased with additional scope from Energex Recently added to contract
Slide 30: BT Energy Update
BT Energy Update 30 BT Energy - Update • Alignment with Genus provides a platform to collectively pursue large scale renewable and hybrid power station projects. BT has several panel contracts with strong potential for future orders. • New business focus is on remote microgrids, hybrid systems and c
Slide 31: Important Notice
Strategy 31 Important Notice Disclaimer This presentation has been prepared by GenusPlus Group Ltd (Genus or the Company). It contains general background information about the Company’s activities current as at the date of this presentation. It is information given in summary form and does not purpo
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