Energy Technologies Limited · ASX:EGY
Energy Technologies — H1 2021 Earnings Presentation
18 slides from Energy Technologies's earnings presentation, Feb 26, 2021
Slide 1: Energy Technologies Limited 1H2021 Results
Energy Technologies Limited (ASX:EGY) A specialised cable & wires manufacturer 1H2021 RESULTS supplying the high value infrastructure sector February 2021 1
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Energy Technologies Limited (EGY or the Although the Company believes that the expectations reflected in the forward looking Company). It should not be considered as an offer or invitation to subscribe for, or statements included i
Slide 3: Company Results
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Slide 4: Operating Result
Operating Result Energy Technologies - Profit & Loss • Sales in 2H effected by COVID shutdowns but mitigated by Jobkeeper Government payments & R&D tax rebates (other revenue) (A$'000, unless indicated) HY21 FY20 Difference % Sales revenue 4,054 5,222 (22.4) • COS higher relative to Sales as the com
Slide 5: Balance Sheet
Balance Sheet Energy Technologies – Balance Sheet (FY18 – 1H FY20) FOCUS POINTS Significant (A$'000, unless indicated) 1H FY21 FY20 movements Assets Working cap optimisation through a combination of concentration on Cash 602 27 575 Receivables and Trading Finance facilities Trade and other Receivabl
Slide 6: Top Tier Client List
Top Tier Client List Supplying some of the world’s largest companies. Many relationships established in last two years with opportunity to grow revenue. Rail Rail Road & Traffic Other Defence 6
Slide 7: Executive Summary
Executive Summary Company Energy Technologies Limited (ASX:EGY) is 100% owner of Bambach Wires and Cables (Bambach), a major supplier of Australian manufactured low voltage copper cable products targeting specialised uses Board of Directors Key Metrics Brian Jamieson Mr. Jamieson has over 40 years’
Slide 8: Near term action points
Near term action points ACTION POINTS STAGE COMPLETION DATE Full machine commissioning at 75% July 2021 Rosedale New machine commissioning 5% September 2021 Board refresh 90% Finalised in the short term 33% - New personnel Finance personnel restructuring April 2021 commenced 15/1 Restructure debt co
Slide 9: Company Record & Capability
Company Record & Capability 9
Slide 10: Bambach Wire and Cables
Bambach Wire and Cables Bambach Wire and Cables manufactures low voltage industrial and specialised copper cables Founded in 1936 and is the oldest existing Australian cable manufacturer and 100% owned by Energy Technologies since 2012 New factory in Rosedale, VIC capable of processing up to 250 ton
Slide 11: Advantages
Advantages Specialised branded cables Considerable ‘know how’ & IP for new and custom product development Australian designed & manufactured (fast turnaround, high standards) using locally sourced input materials Transitioned to $7m factory in Rosedale, VIC with capacity for significant expansion St
Slide 12: Manufacturing: Rosedale
Manufacturing: Rosedale Larger & faster machines can 10x increased capacity with room to 122 acres of available process 200-250 tonnes of expand, plus Government support land for expansion with copper per month for regional development & ample skilled workers employment in region 12
Slide 13: Specialised Product Mix
Specialised Product Mix Branded Cables Wide scope: ~1,300 different cable products for industry uses – NEW NautX: Marine cables sales targeting 38% gross margin (vs <10% for commoditised cable products) NEW FlareX: Fire-safe cables Branded: Customers request Bambach cable brand products NEW ImmerseX
Slide 14: Primed for New Growth
Primed for New Growth Historic: New facility: Brookvale, NSW Rosedale, VIC Factory • Small facility with low throughput • $7 million investment to large factory with high throughput (10x larger footprint) Capacity • Limited production of 25 tonnes of copper wire • Expansion to ~250 tonnes of copper
Slide 15: National Distribution
National Distribution 6 State distribution branches located in main Australian cities and a manufacturing facility in Rosedale, VIC • Each ~600 sq ft branch staffed by: • 1x storeman • 2x sales / business development staff • Branches provide: • Warehousing & storage, particularly for Brisbane brande
Slide 16: Strategic Advantage
Strategic Advantage Specialised Cables Asian-sourced Cables Eu-sourced Cables High value & margin industries Approved for specific projects Turnaround times for custom product ~4 weeks ~8-12 weeks >12 weeks Custom manufacturing capability Knowledge & process advantage Sales channels developed Suitab
Slide 17: Client Lifecycle
Client Lifecycle Approval & Quote & Order & Repeat Product creation Standards Proposal Delivery Orders • R&D and custom • ISO AS/NZS • Significant • Receive order • Repeat sales to production of 9001:2015 inbound enquiry • Fulfil from organisations that new product lines standards • Dedicated sales
Slide 18: Energy Technologies / Bambach
enerecy ~ «+ Bambach TECHNOLOG/esS*” 4 ausTAALUN ADVANCED CABLE MANUFACTURERS