Babylon Pump & Power Ltd · ASX:BPP
Babylon Pump & Power — Investor Presentation (June 2020)
15 slides from Babylon Pump & Power's investor presentation, Jun 22, 2020
Slide 1: Babylon Pump & Power Limited Investor Presentation
Babylon Pump & Power Limited Investor Presentation 22 June 2020 ASX: BPP
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Babylon Pump & Power Limited (“Babylon”) (ASX: BPP) for information purposes only. This presentation is not a product disclosure statement or prospectus for the purposes of the Australian Corporations Act 2001 (Cth), nor does it
Slide 3: A Rapidly Growing Specialist Mining Services Provider
A Rapidly Growing Specialist Mining Services Provider ▪ Babylon delivers specialist services to the resource and infrastructure sectors, focused on two high value segments: $15.0 m ↑ 31%* ▪ Rental of specialty pumping and power generation equipment Revenue TYD ▪ Maintenance and rebuild services for
Slide 4: Corporate Snapshot
Corporate Snapshot ASX Code: BPP Total Revenue Ordinary Shares 837m $18,000,000 Performance Rights 26m $12,000,000 Market cap (@ 1.5 cents) $12.6m Average Monthly Volume (shares) 9.6m $6,000,000 Trading Range since Listing (cents) 1.3 – 2.5 Top 20 Holdings 61% $0 FY18 FY19 FY20 (April YTD) Directors
Slide 5: COVID-19 Update
COVID-19 Update ▪ Babylon’s revenues and rate of business growth have not been materially impacted by COVID-19 ▪ Implemented interventions based on government guidelines for distancing and remote working ▪ No COVID-19 illness recorded to date ▪ Regular and routine communication with staff, suppliers
Slide 6: Dual business model with strong revenue streams
Dual business model with strong revenue streams Babylon’s business model is focused on two complementary areas experiencing strong demand from major mining and oil & gas service companies as well as major iron ore producers and equipment providers: Specialty Rental ▪ Rental of specialty diesel drive
Slide 7: Specialty Rental
Specialty Rental Strong Growth in FY20 ▪ Extension of Power Generation Contract with BHP Iron Ore ▪ Secured Dewatering Services Contract with BHP Nickel West ▪ Multiple O&G pressure pumping projects in WA ▪ Portable power generation supply to support Yandin Wind Farm Project Growth Outlook ▪ Expandi
Slide 8: Diesel Equipment Maintenance
Diesel Equipment Maintenance FY20 business update ▪ Primepower QLD integrated and experienced leadership installed ▪ Opportunities identified to increase capacity in Mackay facility ▪ Purchasing synergies have increased efficiency and made supply chain more robust ▪ Continued/recurring work across t
Slide 9: Growing Tier 1 Client Base
Growing Tier 1 Client Base Babylon currently services the iron ore, gold, nickel, and oil & gas sectors with significant opportunities in infrastructure, alternative energy and other commodities, in Western Australia and in Queensland through its subsidiary Primepower QLD 9 Babylon Pump & Power Limi
Slide 10: Key Recent Projects
Key Recent Projects BHP Billiton Iron Ore Pty Ltd Pressure Pumping Barrow Island • Project Value $1M/yr+ • Project Value <$0.5M • Hire, install, commission and • Hire, install, commission, operate maintain 5MW temporary power and maintain 2x Zone II rated well generation service pumps 730E Module Re
Slide 11: Positive Growth Trajectory
Positive Growth Trajectory REVENUE GROWTH E B I T DA T R A J E C TO R Y Revenue EBITDA Thousand ($'000) Million ($M) ASSET GROWTH TIER 1 CLIENTS Total Assets Tier 1 Clients Million ($M) Growth in assets driven by rental assets and core 100 clients in total with no single client representing engines
Slide 12: Babylon - Strategy Moving Forward
Babylon - Strategy Moving Forward 5 Set ambitious target of $100M + revenue within next 5 years 4 Continuously assessing further strategic acquisitions to support core business 3 Continue to expand Specialty Rental assets to maximise revenue opportunities 2 Securing material engine rebuild programme
Slide 13: Outlook
Outlook ▪ Key growth drivers have not changed – still pent up demand for asset maintenance and need for specialty pumping solutions in resource sectors ▪ Higher US dollar will increase replacement value of gear, giving customers an incentive to rebuild rather than replace ▪ COVID restrictions are in
Slide 14: Investment Highlights
Investment Highlights ▪ ACCELERATING TRAJECTORY - Growth to date has been well supported in both equipment maintenance and specialty rental sectors ▪ RECORD REVENUE - Record revenue achieved in Q3 and Q4 to date positions Babylon for $17M+ revenue for FY20 with record EBITDA ▪ PLATFORM FOR FURTHER G
Slide 15: Babylon Pump & Power Limited Michael Shelby | Executive Chairman
Babylon Pump & Power Limited 74 Harrison Road Forrestfield WA 6058 Michael Shelby | Executive Chairman mshelby@babylonpumpandpower.com 15 Babylon Pump & Power Limited
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