Alliance Aviation Services Limited · ASX:AQZ
Alliance Aviation Services — Investor Presentation (August 2025)
24 slides from Alliance Aviation Services's investor presentation, Aug 20, 2025
Slide 1: Results Presentation 2025
Results Presentation 2025 INVESTOR PRESENTATION
Slide 2: Financial Highlights
Financial Highlights REVENUE AND INCOME EBITDA PROFIT BEFORE TAX DIVIDEND $769.7m $207.3m $82.1m 3.0 cents FY24: $646.8m FY24: $178.4m FY24: $86.3m Per share 19.0% Increase 16.2% Increase 4.9% Decrease Fully franked NET DEBT OPERATING CASH FLOW FLIGHT HOURS STAFF $378.1m $105.6m 113,621 1,452 FTE FY
Slide 3: Operational Highlights
Operational Highlights 30 JUNE 30 JUNE 2025 2024 Fifth consecutive year ACTUAL ACTUAL of record flight hours Aircraft in Service – Fokker 36 37 8.7% increase on FY24 Aircraft in Service – Embraer 43 35 Aircraft in Service – Total 79 72 97.3% 91% 83,212 Flight Hours – Contract 27,376 28,402 Flight Ho
Slide 4: Operational Highlights — Aircraft fleet
Operational Highlights — Aircraft fleet • Ten of 34 Embraer E190 • Qantas wet lease entry into • Aviation Services sales initiatives purchases settled (three service program concluded to generate revenue, reduce debt entered service, two awaiting Q3 with 30 aircraft now in and support operations: se
Slide 5: EBITDA to operating cash
EBITDA to operating cash • The Group generated a positive operating cash EBITDA to operating cash flow of $105.6 million with the main drivers being: • Increased net interest due to increased funding levels 207.30 • Inventory purchases to replace capital expenditure usage (30.60) • Timing difference
Slide 6: Debt position
Debt position • Debt facilities increased by $100m with ANZ and Net Debt to EBITDA (Pre AASB16) $50m with Pricoa in August 2024 5.0x • Drawdowns totalling $171.9m, offset by $9.5m 4.0x of mandatory loan repayments and $25m of voluntary repayments. 3.0x • $98.1m E190 acquisition costs (aircraft purch
Slide 7: What ESG looks like at Alliance
What ESG looks like at Alliance Environment Social Governance Incorporating environmental Fostering Social Strong focus on corporate considerations into all aspects responsibility and positive governance principles and of the business. community impact. management. • EFB Flight • Prioritising Safety
Slide 8: ESG: FY25 actions
ESG: FY25 actions Fuel & Operational Efficiency in Action • EFB Flight Performance Software • Engine Management Enhanced engine monitoring and maintenance protocols to ensure optimal performance and fuel efficiency across the fleet. • Fuel Analytics Integration of advanced fuel analytics platform to
Slide 9: ESG: FY26 commitments
ESG: FY26 commitments As a Safeguard Mechanism Group 1 emitter, Climate Action Plan Alliance must meet AASB S2 reporting to be released in FY26 requirements from FY26 • Governance • Compliance preparation for AASB S2 disclosures • Climate strategy • Continued NGERS reporting of Scope 1 and 2 emissio
Slide 10: Financial summary
Financial summary
Slide 11: Income statement
Income statement $ million 30 JUNE 2025 30 JUNE 2024 PCP ACTUAL ACTUAL CHANGE Revenue Contract Revenue 298.3 309.8 (4%) • Wet lease revenue increased as additional aircraft were deployed. Charter Revenue 17.3 16.3 6% • Charter revenue increased as aircraft capacity increased in the 2H25 Wet Lease Re
Slide 12: Statement of financial position
30 JUNE 30 JUNE 2025 2024 PCP Statement of financial position $ million ACTUAL ACTUAL CHANGE Cash 96.5 31.2 Receivables 85.7 78.3 Inventory 86.5 143.6 Total Current Assets 268.7 253.1 6% PP&E and Intangibles 901.9 719.6 • Net Asset position increased to $468.5 million, up 14% on 30 June Right of Use
Slide 13: Cash flow statement
Cash flow statement 30 JUNE 30 JUNE 2025 2024 $ million ACTUAL ACTUAL Receipts from customers 843.8 703.8 (inclusive of GST) Payments to suppliers (Inclusive of GST) (707.9) (663.2) Interest received 0.4 1.2 • Closing cash increased by $65.3 million driven largely by aviation Interest paid (30.6) (1
Slide 14: Capital expenditure
30 JUNE 30 JUNE Capital expenditure $ millions 2025 ACTUAL 2026 FORECAST Existing fleet maintenance Cash outflows Base maintenance providers 37.7 61.9 Engines and related costs 15.3 59.8 Other miscellaneous 4.4 5.0 Operating costs capitalised 3.7 6.4 • Base maintenance for FY25 included $22.9 millio
Slide 15: Driving growth and sustainability
Driving growth and sustainability
Slide 16: Fleet
Fleet • Alliance continues to own its entire fleet which provides the company with total flexibility on fleet composition and deployment • The transition for North Qld from Fokker to E190's will be completed by October 2025 which will result in greater efficiency and operational resilience. • At Bal
Slide 17: Strategy and outlook
Strategy and outlook FY26 market outlook • Organic growth in contract activity is expected to continue, driven by increased demand from existing clients and new business opportunities, particularly within remains strong with • Western Australia and Queensland. FY26 will mark the first full year of Q
Slide 18: Board Update
Board Update • The process of board renewal continued with the appointment of Mr Bernie Campbell in February, an experienced company director with deep experience in equipment finance and leasing (including aircraft). Mr Campbell also has significant experience with ASX-listed entities and is a chai
Slide 19: Appendices
Appendices
Slide 20: National footprint contract charter
National footprint contract charter Alliance has crew and engineering bases in most Australian capital cities, and several regional ports being Townsville, Cairns, Darwin and Rockhampton. This is a notably greater regional presence than other Australian operators, which gives Alliance a distinct adv
Slide 21: National footprint contract wet lease
National footprint contract wet lease Alliance’s wet lease operations are based on our customers seasonal schedules. INVESTOR PRESENTATION FY2025 21 INVESTOR PRESENTATION 2025 21
Slide 22: Commodity exposure
Commodity exposure Major commodity Gold 23% exposure as a percentage Iron Ore 18% of revenue from top 15 Copper/Gold/Uranium 12% contracted FIFO clients in year ended 30 June 2025. Nickel 10% Coal 10% Silver/Lead/Zinc 7% Oil/Gas 5% Manganese 5% INVESTOR PRESENTATION FY2025 22 INVESTOR PRESENTATION 2
Slide 23: Disclaimer
Disclaimer Reliance on third party information Not investment advice (cont.) Future performance and forward-looking statements This presentation was prepared by Alliance Aviation Services Limited Any decision to buy or sell securities or other products should This Presentation contains certain “forw
Slide 24: Alliance Airlines
Alliance AIRLINES
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