Slide 1: Half Year FY25 Results Investor Presentation
Wednesday, 19 February 2025 Half Year FY25 Results Investor Presentation SHAPE Australia Corporation Limited (SHAPE) attaches a copy of the Half Year FY25 Results Investor Presentation. ENDS This announcement was authorised for release by the Board of Directors. About SHAPE: SHAPE Australia (ASX: SH
Slide 2: ABN 14 654 729 352 | SHAPE Australia Corporation Limited (ASX:SHA)
ABN 14 654 729 352 | SHAPE Australia Corporation Limited (ASX:SHA)
Slide 3: FY25 Half Year Results Presentation
FY25 Half Year Results Presentation 19 February 2025 SHAPE Australia Corporation Limited (ASX:SHA) Australian Regulatory Agency | Melbourne ABN 14 654 729 352
Slide 4: Important Notice & Disclaimer
Important Notice & Disclaimer Information in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in SHAPE Australia Corporation Limited or any other company. Before making or varying any decision in rela
Slide 5: 1HFY25 Financial Highlights
1HFY25 Financial Highlights All figures are compared to the prior corresponding period. Revenue EBITDA Net Profit After Tax (NPAT) $479.0m $14.8m $9.4m ▲ 15% ▲ 21% ▲ 26% Project Wins Backlog Orders¹ Identified Pipeline $531.5m $516.0m $3.4bn ▲ 1% ▲ 13% ▼ 5% Cash and Marketable Securities Earnings Pe
Slide 6: Growth Strategy Performance | Non-office Sectors
Growth Strategy Performance | Non-office Sectors While pursuing growth in non-office sectors, SHAPE remains focused on maintaining its office market position. Project wins in the commercial office sector were strong at $412.5m (FY24: $690.4m). $ 120.M • SHAPE continues to maintain a diversified port
Slide 7: Growth Strategy Performance | Service Offering Expansion
Growth Strategy Performance | Service Offering Expansion $ 90.M • Revenue from new builds increased by 248% following record $ 80.M project wins in FY24. Project wins have slowed down as we balance our future workbook and risk profile with the availability $ 70.M of skilled and capable employees. $
Slide 8: Growth Strategy Performance | Geographic Expansion
Growth Strategy Performance | Geographic Expansion $ 70.M • Combined project wins for our three regional operations in FY24 totalled $120.1m, producing a healthy backlog of work to be $ 60.M delivered in FY25. As a result, revenue grew significantly by 236% and project wins by 2% in 1HFY25 compared
Slide 9: Revenue: Long-term Growth Underpinned by Industry Knowledge
Long-term Growth Underpinned by Over 35 Years of Industry Knowledge and Experience 900 Millions 800 700 600 *Half Revenue year 500 400 300 200 100 - shape.com.au 8
Slide 10: A Resilient Business Model
A Resilient Business Model Delivering high-quality and cost- Ability to win projects at all stages Extensive and diversified range effective solutions while minimising of the office lifecycle, increasing of customers, including blue-chip disruption to clients’ operations. work opportunities. ASX com
Slide 11: Robust Project Wins & Diversified Backlog Orders
SHAPE Has Secured Robust Project Wins & Diversified Backlog Orders Project Wins Backlog Order Book Pipeline $531.5m 0% 10% 11% Decision Pending 3% 8% 3% $328.8m 8% 6% Tendering $516m 6% $3.4bn 54% 4% 57% $116m 12% 17% Office Education Hotels Health Defence Retail Other Note: Figures as at 31 Decembe
Slide 12: Ability To Win & Execute Work Across Regions & Capabilities
Demonstrated Ability To Win & Execute Work Across Regions & Capabilities Revenue by Region Revenue by Capability 1% 2% Origination 4% 3% • Bespoke CRM with sophisticated algorithms 3% supporting average win rates of 46% (by number). 10% 10% • Transparent lease expiry register provides accurate forwa
Slide 13: Operational Highlights
Operational Highlights Safety • *TRIFR increased from 5.5 (pcp) to 7.3 (the most recent industry average is 12.08¹) We remain committed to • *LTIFR decreased from 1.6 (pcp) to 1.2 (the most recent industry average is 2.66²) WHS performance, • Recordable injuries increased from 14 (pcp) to 16 priorit
Slide 14: Continued Investment In Safety Leadership, Systems, & Technology
Continued Investment In Safety Leadership, Systems, & Technology 12 • SHAPE's LTIFR has decreased at the half-year mark, and the TRIFR 10 has increased marginally. However, both continue to better the 10 average of OFSC-WHS Scheme accredited companies. 8 8 7 7.3 6.1 6.7 • SHAPE continues to focus on
Slide 15: Sustainability
Sustainability 2,297t¹ CO2e in FY24² Carbon Neutral Projects Delivered Total emissions offset continues to reduce Climate Active certification maintained Two Green Star projects completed (down from 2,912t CO2e in FY23²) for Corporate Operations and awaiting certification GreenPower Carbon Accountin
Slide 16: Delivering a Diverse Range of Projects
Delivering a Diverse Range of Projects ‘The Cove’ End Of Trip and Recreation Space, Charles Darwin University New Health Facility Sandringham Hospital Outpatient Building 201 Kent St (Sydney) (Darwin) (Melbourne) • Refurbishments • New Build • Refurbishment • Combined project duration of 9 months •
Slide 17: Delivering a Diverse Range of Projects
Delivering a Diverse Range of Projects Gadens Relocation, Chifley Square (Sydney) Koo Wee Rup Bowling Club (Melbourne) Commonwealth Hotel Fitout (Ipswich, QLD) • Fitout • Modular construction • Refurbishment and Fitout • Project duration of 14 weeks • Project duration of 52 weeks • Project duration
Slide 18: Financial Overview
Financial Overview Commonwealth Hotel Fitout | Brisbane
Slide 19: Significant Profitability Uplift For The Half
Significant Profitability Uplift For The Half $’000 1HFY25 1HFY24 Movement • A record revenue of $479.0m, a 15% increase from the pcp Revenue 478,985 415,201 ↑ 15% (1HFY24: $415.9m). Our strategic focus on growth and diversification, coupled with strong operational execution and risk EBITDA 14,789 1
Slide 20: Strong Liquidity Position With Flexibility To Maximise Opportunities
Strong Liquidity Position With Flexibility To Maximise Opportunities Diligent Liquidity Management Average Daily Cash and Marketable Securities Balance 12 Month Rolling Average • Consistent application of rigorous cash management processes by project teams. 110 Millions • Diligent capital management
Slide 21: Growth Strategy
Growth Strategy Focused On Growth In Our Core Market As Well As Three Growth Pillars 201 Kent Street, The Cove | Sydney
Slide 22: Outlook & Growth
Outlook & Growth While investing in our growth strategy, we remain focused on maintaining our significant market share in the commercial office sector, which represents 57% of our Backlog Revenue. 01 02 03 Non-Office Sector Service Offering Geographic Expansion Expansion Expansion • Significant oppo
Slide 23: Questions?
Questions? 55 Currie Street Base Build and Defit Works | Adelaide
Slide 24: Appendix
Appendix shape.com.au 23
Slide 25: Operational Capabilities
Operational Capabilities Fitout and Modular Construction Refurbishment (Modular by SHAPE) New Build • Significant experience delivering high-end fitouts • Utilising modern methods of construction to develop • Meaningful experience and relationships to deliver across offices, boutique hotels, etc uni
Slide 26: Reconciliation of Profit Before Income Tax To EBITDA
Reconciliation of Profit Before Income Tax To EBITDA 31 Dec 2024 31 Dec 2023 $’000 $’000 Profit before income tax 13,656 10,846 Depreciation and amortisation 2,809 2,424 Interest revenue (2,274) (1,778) Finance costs 598 747 EBITDA 14,789 12,239 Ausgrid HQ Newcastle Office | Newcastle shape.com.au 2
Slide 27: DLG SHAPE
DLG SHAPE Management fees generated to SHAPE of $2.3m during the reporting period – up 104% on pcp. Spend with Indigenous Businesses Identified Pipeline $5.25m $184m Projects Won Construction Revenue $29.7m $31.2m • Continued strong performance for • Continued focus on Federal DLG SHAPE with project