Eden Innovations Ltd · ASX:EDE
Eden Innovations — Shareholder Meeting (November 2019)
29 slides from Eden Innovations's shareholder meeting presentation, Nov 22, 2019
Slide 1: 2019 Annual General Meeting Presentation
For personal use only 2019 Annual General Meeting Presentation 22 November 2019 EDE:ASX EDEN INNOVATIONS | ASX: EDE 1
Slide 2: Disclaimer
Disclaimer For personal use only FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements of Eden’s management. Forward-looking statements are statements that contemplate the happening of possible future events and are not based on historical fact. Forward-looking sta
Slide 3: 2019 Highlights
2019 Highlights For personal use only EdenCrete® – USA • US sales increasing – regular repeat sales in Colorado, Georgia for 1 readymix and shotcrete applications • Rapidly growing warehouse / industrial flooring market emerging • First sale into New York ready-mix market for mid-rise building const
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only CORPORATE STRUCTURE CAPITAL STRUCTURE Eden Innovations Ltd Eden Innovations Ltd Symbol EDE Issued shares 1,723,596,366 Stock Price (1) A$0.047 Market Cap (1) ~ A$81 million Eden Innovations India Eden Innovations LLC EdenCrete Industries Inc Pvt Ltd Cash ~ A$
Slide 5: Product Overview
For personal use only 2. PRODUCT OVERVIEW EDEN INNOVATIONS | ASX: EDE 5
Slide 6: Core Expertise – Carbon Nanotubes
Core Expertise – Carbon How carbon nanotubes Nanotubes work For personal use only Harnessing the Act as nucleation points for dense cement hydration - benefits of carbon builds on all surfaces of CNT nanotube technology for commercial application in concrete and plastics Create quintillions (1018) o
Slide 7: EdenCrete Range
® EdenCrete Range For personal use only EdenCrete® is a cost effective, carbon nanotube enriched liquid admixture that is mixed into wet Portland concrete • Increases flexural, tensile & compressive strength, and abrasion resistance • Reduces shrinkage, permeability and damage from salt and chemical
Slide 8: Barriers to Entry - EdenCrete
Barriers to Entry - EdenCrete® For personal use only 10 years of product development Product field testing by Government departments after initial approval typically requires 12 months, including lab tests Typical sales cycle for EdenCrete® is 6-9 months, after successful field testing by the releva
Slide 9: OptiBlend
OptiBlend® 100% owned, world leading dual fuel system For personal use only OptiBlend® is a custom fitted hardware technology designed and produced by Eden that allows conventional diesel engines to run on natural gas as its primary fuel without modifying the engine or the diesel fuel system. • Work
Slide 10: EdenPlast
EdenPlast® For personal use only Eden exploring commercialisation of EdenPlastTM CNT enriched plastics • Patented, cost effective process Proven in-house • Uses CNT produced by Eden capability Development, testing and Highly encouraging results: commercialisation • < 50% increase in stiffness • Eden
Slide 11: EdenCrete - Global Market Opportunity
For personal use only 3. EdenCrete® - GLOBAL MARKET OPPORTUNITY EDEN INNOVATIONS | ASX: EDE 11
Slide 12: EdenCrete - Applications & Customers
EdenCrete® - Applications & Customers ADVANTAGE SUITABLE FOR CUSTOMERS For personal use only Permeability / • Roads, airfields, coastal, marine and • Government Department of salt resistance / ports, dams, sewers, bridges, runways, Transport authorities - shrinkage sewer/water pipelines ~40% of US c
Slide 13: EdenCrete - Outstanding Product Benefits
EdenCrete® - Outstanding Product Benefits For personal use only ABRASION RESISTANCE REDUCED PERMEABILITY Chloride Content (Wt.%) Control Mix – Control Mix – Penetrated Depth (mm) Not Ponded Ponded Chloride Values 10-20 0.004 0.059 0.055 25-35 0.006 0.045 0.039 40-50 0.004 0.005 0.001 55-65 0.003 0.0
Slide 14: EdenCrete - Value Proposition
® EdenCrete - Value Proposition For personal use only Increases Increases Increases Reduces Reduces Increases Products Compressive Split- Flexural Shrinkage Permeability Abrasion Drawback Strength Tensile Strength Resistance Strength ✓ ✓ ✓ ✓ ✓ ✓ • Cost advantages resulting Reduced workability, Fiber
Slide 15: US Government Validation and Commercialisation
US Government Validation and Commercialisation For personal use only Government approval for use of EdenCrete® by DOTs in 15 US States, representing 43% of the US population, 42% (61,000) of all US bridges in need of repair.* EdenCrete®Pz presently approved in 5 states. Georgia Department of Transpo
Slide 16: EdenCrete Project
EdenCrete® Project For personal use only ABRASION RESISTANCE / ULTRA HIGH WEAR APPLICATION CONTROL TRIAL SLAB TYPICAL ULTRA HIGH LOAD EdenCrete® TRIAL SLAB Significant cracks and High loading/ abrasive application No cracks or evidence of wear wear after 6 months at site – repeat contracts EDEN INNO
Slide 17: EdenCrete - Cost Comparison
® EdenCrete - Cost Comparison Ultra High Wear / Abrasion Resistance Application For personal use only Longer wearing concrete required Concrete slab Concrete slab Concrete slab less depth, without base and with steel with EdenCrete® with wire mesh compacted layers. or macro-fibers ~ $15/ ft.2 ~ $22/
Slide 18: MARTA - Metropolitan Atlanta Rapid Transit Authority
MARTA - Metropolitan Atlanta Rapid Transit Authority • Eden conducted a two years’ field trial of EdenCrete® with MARTA at the Brady Mobility Centre in Atlanta that concluded in mid - 2018. • Laboratory trials were carried out on a range of performance characteristics of the For personal use only co
Slide 19: EdenCrete Projects - Warehouses and Industrial Flooring
EdenCrete® Projects - Warehouses and Industrial Flooring For personal use only • Significant performance benefits to concrete shown to be delivered by EdenCrete® include: Abrasion resistance Reduced permeability Increased flexural and compressive strength Resistance to chemical and salt atta
Slide 20: Commercialisation Progress
Commercialisation Progress EDENCRETE REVENUE AUD$ 1800 1600 For personal use only EdenCrete® 1400 1200 • Increasing number of bulk distribution contracts in USA 1000 • Increasing repeat business customers in USA - government and 800 private 600 400 • Significant emerging potential in international m
Slide 21: Infrastructure Target Markets
Infrastructure Target Markets • Roads, Bridges, Tunnels • Ports and marine applications For personal use only • Airports • Railways • Dams and water systems • Bus transit stations / light rail • Toll Roads • Public / Private Partnerships EDEN INNOVATIONS | ASX: EDE 21
Slide 22: Commercial Target Markets
Commercial Target Markets • Hardstand areas • Factories • Showrooms For personal use only • Warehouses / logistics hubs • Driveways / car parks • Precast • Building / construction EDEN INNOVATIONS | ASX: EDE 22
Slide 23: Current sales pipeline
Current sales pipeline GEORGIA COLORADO For personal use only GDOT - EdenCrete® specified in repair projects Commercial sales - driveways, shotcrete applications, warehouses • Approved for new mainline paving; to be trialled in bridges • 6 ready mix companies, 10 contractors and 13 shotcrete operato
Slide 24: Outlook
Outlook For personal use only Strong year on year revenue growth expected for FY20 and beyond driven mainly by EdenCrete® sales based on: • Georgia - ongoing DOT projects / growing number and range of commercial projects and customers • - contracts from MARTA anticipated and many trials planned incl
Slide 25: Financials
For personal use only 4. FINANCIALS EDEN INNOVATIONS | ASX: EDE 25
Slide 26: Financials - Year Ended June 2019
Financials For personal use only Year Ended June 2019 SUMMARY BALANCE SHEET CASH FLOW A$,000 A$,000 % change A$,000 A$,000 A$,000 A$,000 FY19 FY18 30 June 2019 30 June 2018 FY19 FY18 Cash and cash 3,218 3,490 Receipts from 2,401 1,013 Revenue 2,335 1,318 77% up equivalents customers Other 622 419 48
Slide 27: Outlook & Summary
For personal use only 5. OUTLOOK & SUMMARY EDEN INNOVATIONS | ASX: EDE 27
Slide 28: Outlook and Summary
Outlook and Summary Three commercialised products: EdenCrete®, EdenCrete Pz® and OptiBlend®, with strong year on year revenue growth for For personal use only EdenCrete® products and OptiBlend® anticipated for FY20 and FY21 Proprietary technology and core expertise in manufacturing and production of
Slide 29: For personal use only
For personal use only GREG SOLOMON EXECUTIVE CHAIRMAN Level 15, 197 St. Georges Terrace, Perth, Western Australia Telephone: +61 8 9282 5889 Email: gsolomon@edeninnovations.com www.edeninnovations.com EDEN INNOVATIONS | ASX: EDE 29
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