Sks Technologies Group Limited · ASX:SKS
Sks Technologies — Shareholder Meeting (November 2023)
14 slides from Sks Technologies's shareholder meeting presentation, Nov 23, 2023
Slide 1: Annual General Meeting
Annual General Meeting 23 November 2023 ASX: SKS
Slide 2: Five-year P&L reflects rate of growth
Five-year P&L reflects rate of growth Sales Revenue ($M) EBITDA ($M) Annual revenue has 83.3 3.5 grown over the last five 2.7 years by an average of 67.3 2.0 34.8% 1.1 Earnings results for FY23 26.6 35.6 25.2 reflect the deliberate 0.4 decision to invest heavily for rapid expansion FY19 FY20 FY21 FY
Slide 3: Investment benefits begin to flow through in early FY24
Investment benefits begin to flow through in early FY24 • Approximately $3 million was invested in initiatives to underpin growth, including hiring industry specialists, opening new offices to complete the national footprint, and strengthening systems and processes • Medium-term growth can now large
Slide 4: Increased cash flows from operations and zero long-term debt
Increased cash flows from operations and zero long-term debt The turnaround in cash flows from operations between FY22 and FY23 Cash flows from operations ($M) Debt profile ($M) enabled full retirement of the R&D liability as well 2.9 6.7 as a net reduction in Short-term debt short-term borrowings L
Slide 5: Strategy drives exponential growth
Strategy drives exponential growth • Focus on organic growth • Maintain opportunistic approach to Guided the growth of the acquisitions – as assessed against specific business criteria that drive capability, capacity and scale • Leverage new networks Identified the sectors of • Build higher revenue
Slide 6: Work on hand profile transitioning to targeted sectors and customers
Work on hand profile transitioning to targeted sectors and customers Increase in work on hand in targeted market sectors (%) Solid progress on securing work on hand in new August 2022 (%) August 2023 (%) November 2023 (%) Data centres sectors Smart building & technology Smart building networks Data
Slide 7: National branch network services high value clients
National branch network services high value clients Services include AV, Projects are delivered to communications, customers across the entire electrical, building and economy, including: energy management • hospitals and aged care facilities solutions, and • manufacturing and distribution maintenan
Slide 8: SKS Technology’s systems and services are relevant across all sectors
SKS Technology’s systems and services are relevant across all sectors A concerted drive to win Total work on hand ($M) Work on hand by sector projects in the targeted Utilities & Smart sectors of Defence, Data 81+ Retail 2.2% Airports 1.7% Buildings 0.6% Centres and Technology, Manufacturing 0.1% Lo
Slide 9: Our valuable and growing pipeline of opportunities is unremitting
Our valuable and growing pipeline of opportunities is unremitting ($M) Data Centres & Technology 55.9 Pipeline shows no sign of Corporate 51.2 abatement Sports, Entertainment & Hospitality 24.8 Significant amount of Defence 24.2 work under tender in targeted sectors of Retail 21.5 defence and data c
Slide 10: A successful first year for SKS Indigenous Technologies
A successful first year for SKS Indigenous Technologies 51% owned by Indigenous identity, Achieved the initial target Achieved order intake of Increasing pipeline of Chris Johnson of 3% Indigenous >$10 million, all of which opportunities across all employment in the will be delivered in FY24. market
Slide 11: Safety culture delivers long-term flawless performance
Safety culture delivers long-term flawless performance Zero LTIs in five years 0 LTIs during rapid growth despite significant growth in workforce and hours 325 worked Strong safety culture developed and promoted throughout the 200 organisation over many years 100 92 69 0 0 0 0 0 CY18 CY19 CY20 CY21
Slide 12: Environmental, social and corporate governance commitment
Environmental, social and corporate governance commitment Mission: To preserve and improve the physical, social, E S G environmental cultural and economic health and Environmental Social Governance • Waste is recycled • Safe and healthy • Ethical approach to wellbeing of its management transacting b
Slide 13: Strong operating platform with high demand and capital to fund it
Strong operating platform with high demand and capital to fund it Initiatives Benefits of Target to support those revenue growth initiatives performance Recruited specialist market sector teams to Changing profile of work on hand evident. develop new capability and pursue work in Large new contracts
Slide 14: Investor Inquiries
Investor Inquiries: Matthew Jinks, CEO Gary Beaton, CFO (03) 9289 5000 Inquiries@sks.com.au
SKS Technologies Group — Shareholder Meeting (November 2023) on 6ix