Slide 1: FY25 Results Presentation
FY25 RESULTS PRESENTATION 21 August 2025 REDOX LIMITED (RDX.ASX) 1
Slide 2: Agenda
Agenda 1 FY25 Highlights 2 FY25 Financials 3 Strategy & Outlook 4 Q&A 5 Supplementary Information 2
Slide 3: FY25 Highlights
FY25 Highlights Raimond Coneliano Chief Executive Officer & Managing Director 3
Slide 4: FY25 Highlights
FY25 Highlights $1.244b 21.6% $123.8m $268.6m Sales Revenue Gross Profit Margin Cash or Cash Equivalents Gross Profit up 1.0% vs PCP +9.4% growth vs PCP (within historical range) (Zero Net Debt) 45.3% 194 12.5 cps Conversion Margin Sales team expanded by 7.2% Total FY25 Dividend (Gross Profit to EBI
Slide 5: Industry Operating Environment FY25
Industry Operating Environment FY25 Prices Margin Demand Costs Conditions are expected to move Price deflation created Subdued demand due a headwind to Inflation in storage Margins normalised to geopolitical and Prevailing Wage towards longer revenue growth industry wide macroeconomic Inflation ~5%
Slide 6: Sales Revenue
Sales Revenue FY25 sales increased by 9.4% vs PCP driven by strong volume growth in a subdued demand environment Prices were lower in FY25 vs PCP, with the largest delta being with Q1 FY24 Industry segment performance • Crop Production & Protection sales increased 30% vs PCP driven by robust industr
Slide 7: Acquisitions in FY25
Acquisitions in FY25 Australian distributor of specialty Australian distributor of solvents and Australian & New Zealand distributor of surfactants specialty solvent blends Transformer & Specialty Oils Acquisition completed and integrated in Acquisition completed and integrated in Acquisition comple
Slide 8: Continuing investment will drive organic growth
Organic Growth Continuing investment will drive organic growth New technical staff added Product Portfolio Sales Team expanded Canadian entity New offices established in New Distribution to enhance positioning in expanded including from 181 to 194 established Ohio and New Jersey agreements establish
Slide 9: FY25 Financials
FY25 Financials Kim Yap Chief Financial Officer 9
Slide 10: Profit & Loss overview
Profit & Loss overview FY25 FY24 Change $m $m % Revenue 1,244 1,137 9.4% $1,244m Gross profit Gross margin 269 21.6% 266 23.4% 1.0% -1.8ppts Underlying EBITDAFX 1 122 139 -12.5% 9.4% revenue growth driven by strategic investment in capacity and acquisitions Underlying EBITDAFX 1 9.8% 12.2% -2.4ppts
Slide 11: Revenue and Gross Profit
Revenue and Gross Profit FY25 FY24 Change 10.2% $m $m % ANZ Revenue growth achieved driven by acquired Revenue – Australia 1,055 965 9.3% businesses and turnaround in Fertiliser sales Revenue – New 104 87 20.0% Zealand Revenue – North 75 78 -3.6% America 21.6% Revenue – Other 10 8 24.9% Total revenu
Slide 12: Operating costs
Operating costs Increase in storage and distribution costs driven by FY25 FY24 Change volume growth ($6m) and cost inflation of 5% ($2m) $m $m $m Administration 72 62 10 expenses Administration costs increased due to wage inflation of 5% ($3m), increase in headcount $5m ($2m from Distribution and 59
Slide 13: Cash flow
Cash flow FY25 FY24 Change $48m Cash from $m 48 $m 116 $m -68 operations Cash from operations. Reduced as inventories ($31m) and Free cash flow receivables ($16m) grew with sales. Timing of tax conversion 1 40.7% 87.9% payments also impacted cashflow ($12m) Net working capital 407 350 57 (NWC) 3 32.
Slide 14: Dividend & Dividend Policy
Dividend & Dividend Policy Final Dividend Dividend Policy Final Dividend for FY25 of 6.5 cents Long term Dividend payout ratio per share, representing a pay out of expected to be 60%-80% of profit 85% of profits In declaring the final FY25 dividend Dividend to be paid 23 September the Redox Board co
Slide 15: Strategy & Outlook
Strategy & Outlook Raimond Coneliano CEO and Managing Director 15
Slide 16: Leading distributor of chemicals, ingredients and raw materials
Leading distributor of chemicals, ingredients and raw materials Primary focus organic Extensive and growing growth complimented customer, supplier by acquisitions & and product base 8,000+ 5,000+ geographic expansion ACTIVE CUSTOMERS SKU’S 100+ 1,000+ STOCK LOCATIONS ACTIVE SUPPLIERS Largest 30-year
Slide 17: Chemical Distribution is highly attractive
Chemical Distribution is highly attractive Thousands of specialty Tens of thousands of Hundreds of thousands & commodity chemical potential of potential customers manufacturers SKU’s/products globally Distributors Large market Fragmented sector that deliver valuable Increasing Demand for growing at
Slide 18: Strategy Outlook
Strategy Outlook • Expand product portfolio • Macroeconomic and geopolitical headwinds • Develop technical expertise to provide customers expected to continue into FY26 with added value • Redox is well financed with zero net debt, is asset • Refine Redebiz CRM/ERP to ensure it remains a light allowi
Slide 19: Q&A
Q&A Raimond Coneliano CEO and Managing Director Kim Yap Chief Financial Officer 19
Slide 20: Supplementary information
Supplementary information 20
Slide 21: Profit & Loss FY25
Profit & Loss FY25 FY25 FY24 Change $m $m $m Revenue 1,244 1,137 107 COGS -975 -871 104 Gross profit 269 266 3 Operating expenses -147 -127 20 excluding depreciation Underlying EBITDAFX 122 139 -17 Depreciation and -10 -8 2 amortisation Underlying EBITFX 111 131 -20 Net finance income 4 5 -1 Underly
Slide 22: Disclaimer
Disclaimer Important notices This Presentation has been prepared by Redox Limited (ABN 92 000 762 345) (“RDX” or “Company”). Summary information This Presentation contains summary information about RDX and its activities current as at 30 June 2025. The information in the Presentation is of a general
Slide 23: Redox
REDOX ee fin Redox Redox_global RedoxGlobal Limited @redoxglobal. bsky.social