Infragreen Group Limited · ASX:IFN
Infragreen — FY2025 Earnings Presentation
21 slides from Infragreen's earnings presentation, Aug 27, 2025
Slide 1: Infragreen Annual Results Presentation
Infragreen Annual Results Presentation For the financial year ended 30 June 2025
Slide 2: Invested in building a sustainable future
Invested in building a sustainable future Infragreen owns, operates and grows Infragreen’s unique, diversified asset base participates in the mid-market businesses with significant following sectors: untapped value and limited access to long-term capital Recycling and Waste Clean Energy and Through
Slide 3: FY25 Highlights
FY25 Highlights $92.8m $18.6m $40m Infragreen highlights for the financial year ended 30 June 2025 include: revenue (IFN share) EBITDA (IFN share) Successful Initial Public Offer • Successful completion of the initial public offering to be listed on the Australian Securities Exchange • Exceeded pros
Slide 4: Financial overview – Pro forma Infragreen share
Financial overview – Pro forma Infragreen share Pro forma revenue (m)1 Pro forma EBITDA (m) and EBITDA margin1,2 21.7% 21.9% CAGR: 30% 114 20.0% 93 6 25.0 7 35 18.6 4.8 67 19 14.6 4.3 6.7 6 3.6 2.1 11 1.5 8.7 51 7.3 47 8.4 36 7.7 7.9 4.0 20 22 (2.9) (2.8) (3.1) 14 FY24 FY25 FY26f (3) FY24 FY25 FY26f
Slide 5: Growth pillars
Growth pillars Infragreen grows its business through four key pillars organic EBITDA growth Organic growth 33.4% in FY25 of the Businesses (pre Infragreen expenses) Infragreen increased its Increased exposure to existing businesses 1x ownership stake in Energybuild in FY25 2 bolt-on acquisitions Bol
Slide 6: Business overview
Business overview Recycling & Waste Recovery Clean Energy & Energy Transition Regulated Waste Processing Metals Recycling Solar Energy Generation Peaking Power and Recovery FY25 Revenue of $82.2m FY25 Revenue of $78.1m FY25 Revenue of $35.1m FY25 Revenue of $13.1m FY25 EBITDA of $31.3m FY25 EBITDA o
Slide 7: Pure Environmental
Pure Environmental Pure Environmental is a key player in the resource recovery and management industry, providing a variety of services to meet various waste management requirements. Pure Environmental operates 8 resource recovery sites across Western Australia and Queensland, playing a critical rol
Slide 8: Minemet Recycling Group
Minemet Recycling Group Minemet is a vertically integrated metal recycling operator with capabilities across the entire scrap metal value chain. Established in 2004, Minemet Recycling evolved from an international trading company, to owning and operating heavy metal recycling facilities in Perth, Me
Slide 9: Energybuild
Energybuild Energybuild specialises in integrated renewable energy solutions for newbuild residential housing and is the #1 installer of new build solar systems in Australia. Energybuild installs on-site renewable power generation, battery storage systems, smart meters and utility connections, creat
Slide 10: Merredin Energy
Merredin Energy Merredin Energy operates an 82 MW diesel fueled gas turbine power station in Western Australia, serving as a peaking plant to supply electricity during periods of high demand. The station entered service in 2012 with a minimum operating life of 30 years, operating as a reserve capaci
Slide 11: FY25 Pro forma EBITDA on a look through basis
FY25 Pro forma EBITDA on a look through basis FY25 Pro forma EBITDA1 FY25 FY25 Note Variance ($ million) Actual Prospectus Pure Environmental 2 7.7 7.3 0.4 1. Pro forma EBITDA on a look through basis applying the current Infragreen holding percentage across the entire period Minemet 3 7.3 7.3 - 2. P
Slide 12: Group cashflow profile
Group cashflow profile FY25 Pro forma net free cashflow bridge (Prospectus to Actual) ▪ Pro forma net free cash flows are on a look through basis of Infragreen’s share of net free cash flows of each business plus Infragreen’s net 0.6 0.1 8.5 free cash flow 2.0 0.1 ▪ Net free cashflows are available
Slide 13: Look through net debt (pre AASB 16)
Look through net debt (pre AASB 16)1 30 June 25 Pure Merredin Minemet Energybuild Infragreen Total ($ million) Environmental2 Energy 1. The look through net debt includes Infragreen’s proportionate share of net debt across its Cash (14.7) (1.6) (1.2) (0.8) (13.4) operating businesses (excluding righ
Slide 14: Appendix A
© Infragreen Appendix A
Slide 15: Strategically located, difficult-to-replicate infrastructure
Strategically located, difficult-to-replicate infrastructure Highlights Geographic overview Wide-ranging geographic presence in both Pure Environmental major cities and rural communities Minemet Energybuild Karratha Associated regulatory approvals in each Merredin Energy region – timely and costly t
Slide 16: Value-add “partnership” approach
Value-add “partnership” approach Strategic insights Scaling operations Risk management Capital solutions • Refine go to market strategy • Corporate development • Thorough risk review during • Permanent source of capital and implement action plan support (bolt-on M&A) investment due diligence with lo
Slide 17: Pro forma profit and loss statement
Pro forma profit and loss statement Pro Forma Profit and Loss Statement Notes $'000s FY24 FY25 FY26f2 1. Share of equity accounted profits is Infragreen’s pro forma share of the net profit after tax for the Businesses on a pro forma basis assuming Share of equity accounted profit 1 3,015 4,061 11,95
Slide 18: Balance sheet
Balance sheet Balance sheet Notes $'000s 30 Jun 2025 30 Jun 2024 Assets 1. Fair value of the Pure Environmental convertible notes Cash and cash equivalents 13,414 10,402 2. Investment in the businesses Other current assets 67 2 3. Nil borrowings at the parent entity (FY24: $92m) Total current assets
Slide 19: Cash flow statement
Cash flow statement Pro forma cash flow summary Notes A$’000s FY24 FY25 FY26f1 Cash flows from operating activities 1. Dividends received from the Businesses on a proforma basis assuming current shareholding percentages across the entire period Dividend received – equity accounted investments 1 6,66
Slide 20: Important notice and disclaimer
Important notice and disclaimer This document contains summary information that is of a general nature regarding Infragreen Group Ltd ACN 668 228 742 (the “Company”), its four portfolio assets (Minemet Recycling Group Pty Ltd ACN 629 010 484, Energybuild Holdings Pty Ltd ACN 659 884 161, Merredin En
Slide 21: Invested in building a sustainable future
© Infragreen Invested in building a sustainable future