Epx Limited · ASX:EPX
Epx — EP&T Global — H1 FY2024 Earnings Presentation
29 slides from Epx's earnings presentation, Feb 26, 2024
Slide 1: Company Update H1FY24
Company Update H1FY24 For personal use only Smarter Buildings Happier People Healthier World FEBRUARY 2024
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER This Presentation has been prepared by EP&T Global Limited (“EP&T Global” or “Company”). The following notice and disclaimer applies to this investor presentation (“Presentation”) and you are therefore advised to read this carefully before reading or making any other
Slide 3: Important Notices and Disclaimer: Forward-Looking Statements
IMPORTANT NOTICES AND DISCLAIMER Forward-Looking Statements This Presentation may contain forward looking statements. The words 'anticipate', 'believe', 'expect', 'project', 'forecast', 'estimate', 'likely', 'intend', 'should', 'could', 'may', 'target', 'plan' and other similar expressions are inten
Slide 4: Smarter Buildings Happier People Healthier World
Smarter Buildings Happier People Healthier World To be the world’s most trusted building For personal use only efficiency platform provider. 4
Slide 5: Who We Are and Why
WHO WE ARE Environmentally focused business committed to reducing energy AND WHY consumption and building emissions - Buildings are responsible for 28%1 of global emissions For personal use only Use proprietary technology – EDGE platform to reduce our customers energy consumption by an average of 21
Slide 6: Corporate Snapshot
CORPORATE SNAPSHOT ASX: EPX Share price (23 February 2024) Fully Paid Ordinary Shares1 Undiluted Market Capitalisation A$0.022 603 million $13.3 million Options on issue For personal use only 22 million SHARE REGISTER Founder 8% 22% Perennial 17% Ingot Thorney Institutions Hold ~52% 1 13% Australian
Slide 7: Board and Key Management
BOARD AND KEY MANAGEMENT Jonathan John Victor van Paul Oneile Patrick Sweeney Balassis Bommel Harsas For personal use only Independent Executive Independent Independent Chief Financial Chairman Director & CEO Non-executive Non-executive Officer Director Director Jonathan has had a successful John ha
Slide 8: Company Overview
COMPANY OVERVIEW Proprietary technology Combines multiple information sources with cloud-based data analytics to detect real-time energy inefficiencies in buildings enabling operational optimisation to deliver significant energy savings. Edge building efficiency platform A data as a service plat
Slide 9: H1 FY24 Operational Highlights at a Glance
H1 FY24 OPERATIONAL HIGHLIGHTS AT A GLANCE $5.9m Statutory Recurring Revenue 6 months to $12.2m $15.4m 31 Dec 2023 Annual Recurring Revenue1 Annual Contracted Value2 Up 37% pcp Projected3,5 $13.5m by 30 June Updated 23 January 2024 2024 Projected4,5 $16-$17.0m by 30 June For personal use only 2024 (
Slide 10: Edge Intelligence System Architecture
EDGE INTELLIGENCE SYSTEM ARCHITECTURE EP&T proprietary technology combines multiple information sources with cloud-based data analytics to detect real-time energy inefficiencies in buildings. EP&T collaborates with building managers to improve and optimise building plant operating systems and delive
Slide 11: Edge Intelligence System Architecture
EDGE INTELLIGENCE SYSTEM ARCHITECTURE EP&T proprietary technology combines multiple information sources with cloud-based data analytics to detect real-time energy inefficiencies in buildings. EP&T collaborates with building managers to improve and optimise building plant operating systems and delive
Slide 12: Case Study: Edge MARS Alert Example
CASE STUDY: EDGE MARS ALERT EXAMPLE DATA DRIVES RESULTS EP&T’s 24/7 monitoring of multiple data sources and highly accurate identification of energy inefficiencies enables the detection of many more savings opportunities than our peers. Previous energy For personal use only consumption Corrected ene
Slide 13: Edge Product Suite
EDGE PRODUCT SUITE THE EP&T EDGE PRODUCT SUITE PROVIDES MULTIPLE POINTS OF ENGAGEMENT WITH OUR CUSTOMERS Essential Commercial Insight Insight+ Consumption reporting, Target Customer Tenant billing and report on net Measure net zero, cost and/or Specific net zero, cost and/or net zero and car
Slide 14: Proven and Consistent Energy Savings
PROVEN AND CONSISTENT ENERGY SAVINGS PORTFOLIO AVERAGE REDUCTION IN ENERGY CONSUMPTION BY 21% Annualised energy savings by site – current portfolio1,2,3 The current portfolio average energy reductions is 21% ~ 85% of sites achieving 10% or more savings ~ 38% of sites achieving 20% of more saving
Slide 15: Case Study: Private Hospital
CASE STUDY: Private Hospital ACHIEVING ENERGY REDUCTION AND CUMULATIVE SAVINGS 32% For personal use only Energy Reduction Building Type: Healthcare $740,000 Cumulative Savings This Private Hospital has several state-of-the-art operating theatres, modern private en-suite patient rooms and full diagno
Slide 16: Case Study: Major Hotel
CASE STUDY: Major hotel ACHIEVING ENERGY REDUCTION AND CUMULATIVE SAVINGS 25% Energy Reduction For personal use only $317,000 Cumulative Savings Building Type: Hotel This landmark Australian hotel comprises multiple dining options, cocktail bar, rooftop pool, lounge and bar. EP&T were engaged with t
Slide 17: Customer Base
CUSTOMER BASE 531 SITES SPANNING OVER 25 COUNTRIES IN 5 CONTINENTS Commercial 11% Site numbers continue to grow, monitoring over 7million sqm of net Hotel & Leisure 27% lettable area1 and over 1billion kWh Retail 15% annually1 Other / mixed use 11% For personal use only Contracted Site #s ASIA Offic
Slide 18: Global Clients: Leading Sustainability Awards
GLOBAL CLIENTS OBTAINING LEADING SUSTAINABILITY AWARDS Multiple EP&T clients have won the world’s most prestigious energy efficiency and sustainability awards for the last 10 years. SUSTAINABILITY YEARBOOK S&P Global CSA (formerly DJSI) CapitaLand, Stockland 2023 SUSTAINABILITY AWARD ClubsNSW Clubs
Slide 19: Long-Term Customer Relationships
LONG-TERM CUSTOMER RELATIONSHIPS 4.1 years EP&T’s consistent energy savings and improved building sustainability ratings performance has led to long-term customer relationships Average client relationship ONGOING SITE RELATIONSHIP LENGTH1 (YEARS) For personal use only >10+ years Average client relat
Slide 20: H1 FY24 Financial Results
Smarter Buildings Happier People Healthier World For personal use only H1 FY24 FINANCIAL RESULTS 20
Slide 21: Revenue and EBITDA
REVENUE AND EBITDA CONTINUED IMPROVEMENT WITH REVENUE GROWTH AND EBITDA IMPROVEMENT Consolidated H1 Total revenue up 29% in the half year $ Dec-23 Dec-22 Change Revenue 6,474,934 5,021,405 29% Revenue growth is key driver of improved performance and funding of further growth. Net Loss After Tax (1
Slide 22: Revenue
REVENUE H1 FY24 TOTAL STATUTOTRY REVENUE UP 29% pcp Consolidated H1 $ Dec-23 Dec-22 Change Total recurring revenue is up 37% in the half year Recurring subscription revenue 5,919,082 4,327,799 37% Additional recurring revenue of $1.6m takes total recurring revenue to Projects revenue 519,746 631,3
Slide 23: Expenditure
EXPENDITURE H1 FY24 OPERATING EXPENSES DOWN 4% AS REVENUE GREW 29% pcp Consolidated H1 Dec-23 Dec-22 Change Operating expenses $7.1m (31 Dec 22: $7.4m) $ Raw Material and Consumables (480,798) (304,781) 58% Employee costs are down 3% in the period. Structural changes and operational efficiencies h
Slide 24: Cash Flow
CASH FLOW H1 FY24 OPERATING CASH FLOW CONTINUES TO IMPROVE WITH A $3.2M TURNAROUND FROM 31 DECEMBER 2022 Consolidated H1 $ Dec-23 Dec-22 Change Receipts from customers $7.9m - up 39% ($2.2m) Receipts from customers 7,914,563 5,691,058 39% • Revenue growth of $1.6m from pcp. Payments to suppliers (7,
Slide 25: H2 Outlook
Smarter Buildings Happier People Healthier World H2 Outlook For personal use only 25
Slide 26: Capital Raising
CAPITAL RAISING SUCCESSFUL RAISING COMPLETED 19 FEBRUARY 2024. EPX RAISED Issue price of ~A$3.1 million A$0.020 Consisting of: For personal use only (“Capital Raising or Offer”) A$2.0 million institutional placement (“Placement”) A$0.8 million 1 for 5.95 accelerated non-renounceable entitlement offe
Slide 27: Focus Remains on Growth Drivers
FOCUS REMAINS ON GROWTH DRIVERS Invest in sales and marketing activities in our existing markets, on the back of new ACV wins Growth markets Existing Portfolio focus, supported by Customer Success and Customer Delivery teams Work with collaboration partners For personal use only Continue to
Slide 28: Summary
SUMMARY Proven energy saving technology – proprietary technology operating in multiple sectors of commercial real estate continuing to deliver portfolio average of 21% pa energy savings. Continued growth in domestic & international markets – EP&T’s clients include leading blue-chip companies and glo
Slide 29: The World's Most Trusted Building Efficiency Platform Provider
The world’s most trusted building efficiency platform provider For personal use only Smarter Buildings Happier People Healthier World www.eptglobal.com info@eptglobal.com London – UK & Europe Hong Kong – Asia Sydney – Australia Dubai – Middle East & Africa T: +44 207 831 7511 T: +852 2831 0999 T: +6