Imdex Ltd · ASX:IMD
Imdex — Macquarie WA Forum 2021
26 slides from Imdex's conference presentation, Dec 2, 2021
Slide 1: Macquarie WA Forum Presentation
2 December 2021 Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001 Dear Sir/Madam Macquarie WA Forum Presentation Please find attached the Macquarie WA Forum materials for the presentation given on 2 December 2021. Authorised by Michael Tomasz Company Secretary
Slide 2: Imdex Presentation: Macquarie WA Forum
IMDEX PRESENTATION Macquarie WA Forum 2 DEC 2021 PAUL HOUSE – CEO PAUL EVANS – CFO CONFIDENTIAL PROPERTY OF © IMDEX LIMITED Classification | Public
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS THIS PRESENTATION MAY CONTAIN CERTAIN ‘FORWARD-LOOKING STATEMENTS’ AND PROJECTIONS PROVIDED BY OR ON BEHALF OF IMDEX LIMITED (IMDEX). FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY THE USE OF FORWARD LOOKING WORDS SUCH AS, ‘EXPECT’, ‘ANTICIPATE’, ‘LIKELY’, ‘INTE
Slide 4: Imdex Is A Leading Global Mining-Tech Company
IMDEX IS A LEADING GLOBAL MINING-TECH COMPANY. WE ENABLE CLIENTS TO FIND, DEFINE AND MINE OREBODIES WITH PRECISION AND AT SPEED. Classification | Public 3
Slide 5: Strong Core Business in All Market Conditions
Strong Core Business in All Market Conditions A STRONG OUTPERFORMING ABILITY TO ESTABLISHED FINANCIAL INDUSTRY ACCELERATE GLOBAL CLIENT PLATFORM GROWTH ORGANIC GROWTH NETWORK MARKET WORLD-CLASS EXPERIENCED OPPORTUNITIES LEADING R&D AND AND DIVERSE TO ENHANCE TECHNOLOGIES & GEOSCIENCE LEADERSHIP SUST
Slide 6: Market Update
MARKET UPDATE Classification | Public 5
Slide 7: Our Market and the Impact of COVID-19
Our Market and the Impact of COVID-19 AROUND THE GROUNDS • Recovery and growth in all key IMDEX regions • Southeast Asia currently recovering at a slower pace • Drilling optimisation fluid sales improving KEY OPPORTUNITIES • New efficient ways of working – long-term benefit in cost and quality of se
Slide 8: Strong Industry Fundamentals
Strong Industry Fundamentals • Clients are embracing innovation and new digital ways of WORLD EXPLORATION TRENDS 2022 OUTLOOK working • Strong commodity prices driven by a faster than expected global recovery and increasing demand due to diminishing reserves • Iron ore price (8% of IMD revenue) well
Slide 9: Short-term Industry Growth Constraints
Short-term Industry Growth Constraints IMDEX ESTIMATED RIG UTILISATION % AT OCTOBER 2021 CORING (SURFACE & UNDERGROUND) AND RC RIGS • Rig utilisation in some markets is at near-capacity • Delivery times for new rigs has increased • Shipping times on key routes have more than doubled 65% • Freight co
Slide 10: Growth Opportunities & Investment in Datarock
GROWTH OPPORTUNITIES & INVESTMENT IN DATAROCK Classification | Public 9
Slide 11: A Stronger Revenue Profile
A Stronger Revenue Profile SENSORS & SOFTWARE PRODUCTION EXPOSURE AMERICAS BROAD COMMODITY EXPOSURE 10 % 10 % 7% 20 % 27 % 25 % 8% 15 % 44 % 57 % 35 % 31 % 30 % 34 % 90 % 80 % 56 % 50 % 43 % 44 % 45 % 39 % FY17 FY21 FY17 FY21 FY17 FY21 FY17 FY21 SALES EXPLORATION & DEVELOPMENT AMERICAS EUROPE/ GOLD
Slide 12: Four Compelling Growth Drivers
Four Compelling Growth Drivers 1 TECHNOLOGY LEADERSHIP Targeted R&D to win market share 2 EXTENSION INTO MINING PRODUCTION NEW PRODUCTS, NEW PRODUCTS, NEW SENSORS AND SENSORS AND Leverage into adjacent market where it is SOFTWARE SOFTWARE PRODUCTS / TECHNOLOGIES the same ore body and the same client
Slide 13: Datarock Technology Investment - Overview
Datarock Technology Investment - Overview INVESTMENT OVERVIEW DATAROCK • Agreement to acquire an initial 30% interest • Developed a cloud-based platform that applies AI and ML to Datarock for $5.5m cash automate the extraction of geological and geotechnical information from core imagery, videos and
Slide 14: Datarock Technology Investment – Strategic Fit
Datarock Technology Investment – Strategic Fit TECHNOLOGY LEADERSHIP Targeted R&D to win market share EXTENSION INTO MINING PRODUCTION NEW PRODUCTS, NEW PRODUCTS, NEW SENSORS AND SENSORS AND Leverage into adjacent market where it is SOFTWARE SOFTWARE PRODUCTS / TECHNOLOGIES the same ore body and the
Slide 15: Datarock Workflow
Datarock Workflow Classification | Public 14
Slide 16: Datarock Structure and Strengths
Datarock Structure and Strengths Solve is one of Australia’s DiUS is a leading Australian Solve plus DiUS enable leading geoscience consultancy that helps expert product ideation machine learning and data organisations build the from geologists to be science consulting future using its expertise in
Slide 17: How Datarock Addresses Industry Challenges
How Datarock Addresses Industry Challenges • Imagery is routinely collected, however, it is underutilised and its analysis is often manual and inconsistent • Datarock applies AI and ML to automate the extraction of geological and geotechnical information from these images • This automation creates h
Slide 18: The Four Components of Rock Knowledge
The Four Components of Rock Knowledge MINERALS AusSpec’s aiSIRIS SaaS product provides LOCATION a real-time mineralogy solution to IMDEXHUB-IQ™ connected IMDEX’s rock knowledge offering. It survey sensors mean replaces a workflow reliant on laboratory geologists can see where their MINERALS and expe
Slide 19: Our Integrated Rock Knowledge Engine
Our Our Integrated RockKnowledge Integrated Rock Knowledge Engine Engine IMDEXHUB-IQ™ CLOUD PLATFORM QA/QC, SECURE REAL-TIME DATA IMDEX IMDEX IMDEX ROCK KNOWLEDGE REAL-TIME DATA ANSWER SENSORS & ANALYTICS PRODUCTS Geoscience analytics, AI and Answer products MINERALS Originating data computer visual
Slide 20: Our Value Proposition for Clients
Our Value Proposition for Clients Timely information for critical decision making QUALITY DATA REPRESENTIVITY TIME SAVINGS • Industry leading sensors • Cost effective methods • Actionable information allowing data to be in real-time • QA/QC at point of data collected for every • Driller operable col
Slide 21: FY22 Focus Areas and Outlook
FY22 FOCUS AREAS AND OUTLOOK Classification | Public 20
Slide 22: An Encouraging Start to FY22
An Encouraging Start to FY22 41% 13% Revenue 1Q22 REVENUE 86.8 ON 1Q21 ON 4Q21 42% at Constant Currency 9% at Constant Currency 67.3 67.6 61.4 STRONG INDUSTRY FUNDAMENTALS TEMPERED BY 54.6 61.1* SHORT-TERM CONSTRAINTS RECORD QUARTERLY REVENUE INCREASED INVESTMENT IN R&D MINEPORTAL ACQUISITION DATARO
Slide 23: FY22 Key Focus Areas and Operational Initiatives
FY22 Key Focus Areas and Operational Initiatives PROTECTING OUR JDAs* TO JOINTLY ENGAGE INCREASED R&D FOR CONNECTED PEOPLE RESOURCE COMPANIES SENSORS AND SOFTWARE AND DRILLING CLIENTS SOLUTIONS TO ACCELERATE GROWTH AND BUILD SCALE ENSURING CONTINUITY KEY ACCOUNT MANAGEMENT DIGITAL TRANSFORMATION 2.0
Slide 24: Positive Outlook
Positive Outlook THE LONG-TERM WE REMAIN WATCHFUL WE ARE POSITIONED CLIENTS ARE WELL OUTLOOK FOR MINING- AND READY TO TO BENEFIT FROM FUNDED AND FOCUSED TECH IS STRONG RESPOND TO RISKS INCREASING DEMAND ON SUSTAINING AND AND OPPORTUNITIES FOR REAL-TIME INCREASING ACTIVITY PRESENTED BY COVID-19 ORE B
Slide 25: Thank You
Thank you We believe mining IMDEX has a strong core business that consistently outperforms industry growth. is essential to every Our investment in R&D ensures we have the best suite of products to maintain technical leadership and increase market share. aspect of modern life. Our global presence is
Slide 26: Mining Production Exploration & Development Drilling
EXPLORATION & DEVELOPMENT MINING PRODUCTION DRILLING OPTIMISATION PRODUCTS ROCK KNOWLEDGE SENSORS REAL-TIME DATA & ANALYTICS Classification | Public