Epx Limited · ASX:EPX
Epx — EP&T Global — H1 FY2025 Earnings Presentation
25 slides from Epx's earnings presentation, Feb 28, 2025
Slide 1: FY25 H1 Results presentation
FY25 H1 Results presentation Period to 31 December 2024 For personal use only Smarter Buildings Happier People Healthier World February 2025
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 Our business is committed to reducing building energy consumption and Co2 AND WHY emissions - Buildings are responsible for approx. 28%1 of global emissions For personal use only Proprietary technology – EDGE Leading international platform optimises and reduces our building energy custome
Slide 6: Board and Key Management
BOARD AND KEY MANAGEMENT Paul Oneile John Victor van Elizabeth Patrick Balassis Bommel Aris Harsas For personal use only Independent Executive Independent Independent Chief Financial Chairman Director & CEO Non-executive Non-executive Officer Director Director Paul has over 35 years John has over 25
Slide 7: Corporate Snapshot
CORPORATE SNAPSHOT ASX: EPX Share price (24 February 2025) Fully Paid Ordinary Shares1 Undiluted Market Capitalisation A$0.032 656 million $21.0 million Up 45% this financial year Options on issue Up 58% this financial year For personal use only 31 million Shareholder Composition Share Price 1July 2
Slide 8: H1 FY25 Operational Highlights at a Glance
H1 FY25 OPERATIONAL HIGHLIGHTS AT A GLANCE $7.4m $14.0m $16.9m Statutory Recurring Revenue Annual Recurring Revenue1 Annual Contracted Value2 Up 25% pcp Up 15% on pcp Up 16% on pcp For personal use only Breakeven $0.9m 90%+ H1 FY25 Underlying EBITDA H1 FY25 Operating cash flow Recurring revenue Up f
Slide 9: H1 FY25 Developments
H1 FY25 DEVELOPMENTS CODA TECHNOLOGY ACQUISITION1 OPERATIONAL METRICS $1M PRIVATE PLACEMENT2 October ‘24 acquisition of assets and technology • EP&T successfully close an • ARR per site at $197k, an increase December ‘24 $0.5m annual revenue institutional investor supported from $185k (or 6%) pc
Slide 10: Our Global Impact is also contributing to a better planet
Our Global Impact is also contributing to a better planet …So far in 2024 For personal use only Across our sites globally serviced by EDGE Insight/Insight+ Over 300,000 Over 4,000 Over 44,000 Alerts generated Action items tCO2 avoided for our by EDGE identifying identified worth customers energy eff
Slide 11: Case Study: Westfield London
CASE STUDY: Westfield London Product: Insight+ 20% Building Type: Shopping Centre – Shepherds Bush Energy Reduction Westfield London is a 235,900m2 building located in West London. It is the largest shopping centre in Europe For personal use only EP&T’s Insight+ data analytics solution provides targ
Slide 12: Case Study: Office
CASE STUDY: Office Product: Insight+ 22% Building Type: Offices Energy Reduction This analysis comprises 42 air-conditioned commercial offices across Europe, Australia and the Middle East covering over 900,000 sqm in net lettable floor area. The analysis comprises office buildings For personal use o
Slide 13: Case Study: Entertainment Arena
CASE STUDY: Entertainment Arena Product: Insight+ 15% Building Type: Arena Energy Reduction A100,000m2 building located in UK/EUR and is in top 10 largest buildings in the world by volume. The Customer required a tailor-made data analytics For personal use only solution to enable greater insight and
Slide 14: Customer Base: Sites Spanning Countries and Continents
CUSTOMER BASE 571 SITES SPANNING OVER 25 COUNTRIES IN 5 CONTINENTS EUROPE 163 sites in united Kingdom and greater Europe including Holland, Portugal, Belgium Poland, Turkey, Malta, Spain, France and Germany Site numbers continue to grow, monitoring over 8 million sqm of net lettable area1 and over 1
Slide 15: H1 FY25 Financial Results
Smarter Buildings Happier People Healthier World For personal use only H1 FY25 FINANCIAL RESULTS 15
Slide 16: Revenue and EBITDA
REVENUE AND EBITDA CONTINUED REVENUE GROWTH AND COST DISCIPLINE BENEFITTING EBITDA Consolidated Total revenue up 16% in H1 VS PCP $'000 Dec-24 Dec-23 Change Revenue growth of 16% continues the positive trend of recent years Revenue 7,539 6,475 16% Net Loss After Tax (1,685) (1,851) -9% Ongoing n
Slide 17: Revenue
REVENUE H1 FY25 TOTAL STATUTORY REVENUE UP 16% PCP – 108% GROWTH SINCE 2021 PCP Total recurring revenue is up 25% against pcp, and 131% Consolidated over the 3 years $'000 Dec-24 Dec-23 Change Total recurring revenue of $7.4m for the 6 months, a 25% increase from Recurring revenue 7,427 5,955 25%
Slide 18: Expenditure
EXPENDITURE H1FY25 NET OPERATING EXPENSES up 9% AS RECURRING REVENUE GREW 25% pcp Consolidated Net operating expenses $7.8m (pcp: $7.1m) $'000 Dec-24 Dec-23 Change 71FTE (from 66 pcp), a growth of 7.5% compared to a 25% increase in Raw Material and Consumables (314) (481) -35% recurring revenue an
Slide 19: Cash Flow
CASH FLOW H1FY25 OPERATING CASH FLOW CONTINUES – FREE CASH FLOWS GENERATED Consolidated Operating cash inflow highlights business $'000 Dec-24 Dec-23 Change transformation and financial management. Receipts from customers 9,381 7,915 19% Payments to suppliers (8,631) (7,634) 13% • $3.5m turnaround i
Slide 20: Transformation Delivering Results
TRANSFORMATION DELIVERING RESULTS REVENUE GROWTH COMBINED WITH FINANCIAL DISCIPLINE IMPROVED EBITDA & CASH Ability to deliver revenue growth and earnings Key Financial Results Interdependencies ($m) $10.0 Since 2021, half year revenue has risen from $3.9m to $7.5m for H1FY25. EBITDA has improved
Slide 21: Efficiency Metrics Being Maintained
EFFICIENCY METRICS BEING MAINTAINED OPERATIONAL EFFICIENCY MEASURES IMPROVED FROM THE PRIOR CORRESPONDING PERIOD $250,000 Sales efficiency $200,000 ACV per FTE improved in HY1 FY 25 to $238k/fte (from $221k/FTE in H1 FY24) $150,000 A$ Revenue ARR per FTE also improved , increasing to approx. $19
Slide 22: Outlook
Smarter Buildings Happier People Healthier World Outlook For personal use only 22
Slide 23: Outlook for H2 Remains Positive
OUTLOOK FOR H2 REMAINS POSITIVE PROPRIETARY EDGE BUILDING EFFICIENCY PROVEN ENERGY SAVINGS & TECHNOLOGY PLATFORM SUSTAINABILITY Remains relevant with new ACV wins – A data as a service platform Historical portfolio average of 21%1 also through tender wins (UAE and UK) incorporating BMS, meteri
Slide 24: Summary
SUMMARY Proven energy saving technology – proprietary technology operating in multiple sectors of commercial real estate continuing to deliver historic portfolio average of 21% pa energy savings. Continued growth with our clients – EP&T’s clients include leading blue-chip companies and global real e
Slide 25: 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