Getech Group Plc · LSE:GTC
Getech — Investor Presentation (October 2023)
26 slides from Getech's investor presentation, Oct 12, 2023
Slide 1: A Geoenergy Business. Investor Presentation + Q&A
A Geoenergy Business. Investor Presentation + Q&A
Slide 2: Board of Directors
Board of Directors Getech Group Plc www.getech.com Kitson House, Elmete Hall, Elmete Lane, Leeds LS8 2LJ, UK Michael Covington Dr Stuart Paton Emma Parker Chairman Designate INED INED Listed on the London Stock Exchange: Ticker: :GTC.L ISIN: GB00B0HZVP95 Richard Bennett Andrew Darbyshire Chris Jepps
Slide 3: The Energy Transition
The Energy Transition From fossil fuels to low-carbon and renewable energy Gas $1.1 Trillion Oil Global Investment in 2022 *BNEF
Slide 4: Finding Subsurface Resources Vital to the Energy Transition
Finding Subsurface Resources Vital to the Energy Transition
Slide 5: Energy Storage and Green Hydrogen
Energy Storage and Green Hydrogen (to be pursued through partnerships).
Slide 6: Globe | Proprietary Digital Platform
Globe | Proprietary Digital Platform 400 Million Years of Data Earth Data and Analytic Products and Services Raw Data: Gravity Supercomputer: Magnetic Plate and climatic Geo Geo AI ML Science Spatial Seismic modeling Earth Observation Computational Expert
Slide 7: Research and Development
Research and Development Continuous development of Globe geoscience platform 1. Acquire more data • Technical Geoscience Data • Earth Observation 2. Make relevant to a broader market • Oil and Gas • Unconventional Gas and Natural (white) Hydrogen • Carbon Storage / Energy Storage • Geothermal • Crit
Slide 8: Getech Business Model / Value Proposition
Getech Business Model / Value Proposition Expert AI/Analytics Economic [Pre) FID Screening Assets Studies Feed DEV Geoscience Data and Reports Globe Subscription Globe Platform for Explorers Globe Workflow for Developers & Decarbonisers Recuring income from licencing geoscience We use our data and e
Slide 9: Routes to Market
Routes to Market Explorers Decarbonisers Assets Energy, mining and clean Municipalities, and industrial Supporting decarbonisers to technology companies that are companies that need to reduce implement renewable heat and seeking projects to develop. Scope 1, 2 and 3 emissions. energy storage project
Slide 10: Revenue from Explorers
Revenue from Explorers Identify, de-risk and optimise geoenergy projects Geoscience • Data Subscription Products • Software Subscription Analytic • Geoscience Services Services • Geospatial Services • Asset Management Assets • Asset Participation
Slide 11: Global Sedimentary Lithium Favourability Map
Global Sedimentary Lithium Favourability Map Pleistocene shown. Also modelled for Pliocene, Miocene and Oligocene
Slide 12: AI Comparison to Refine Favourability Maps
AI Comparison to Refine Favourability Maps Known Sedimentary Lithium Occurrences
Slide 13: Revenue from Decarbonisers
Revenue from Decarbonisers Unlocking the subsurface potential to decarbonise at scale Global Screening • Geothermal • Carbon Capture and Storage • Critical Minerals • Green Hydrogen Feasibility • Economic Viability • Feasibility • Pre-FEED/FEED Continue to develop geothermal Implementation refence p
Slide 14: Unique Geothermal Exploration Capability
Unique Geothermal Explortion Capability Heat Seeker® uses machine learning to Heat Seeker® leverages our subsurface create favorability maps of geothermal expertise, world-leading Gravity & Magnetics suitability. database, GIS and common risk segment mapping expertise.
Slide 15: Asset Development / SPVs
Asset Development / SPVs New equity participation model; projects to be implemented with strategic partners H2 Green Project Origination • Port of Shoreham • Highlands Council • SGN Inverness Getech Geothermal Develop ment Finance • Provide Heat as a Service (HAAS) Getech Minerals • Locate and de-ri
Slide 16: SPV Shoreham: Green Hydrogen Hub
SPV Shoreham: Green Hydrogen Hub To be developed with partners in line with market demand for green hydrogen.
Slide 17: Financial Information
Financial Information
Slide 18: Financial Information – YE 2022
Financial Information – YE 2022 Revenue Growth (£) 5.1 £5.1m 4.3 3.6 Revenue ↑ 19 % +20% +19% (£3.2m) Loss ↑ 10 % 2020 2021 2022 £4.6m Order Book ↑ 39 % Order Book (£) 4.6 £4.3m 3.3 2.7 Cash (at 31 Dec. 2022) +25% +39% £2.1m Kitson House (under offer) 2020 2021 2022
Slide 19: Revenue vs. OPEX and Investment
Revenue vs. OPEX and Investment -1.3
Slide 20: Diversification of Revenue
Diversification of Revenue 2022 2021 2020 0% 2% 11% 5% 10% 23% 90% 93% 66% Goal to achieve LSE Green Economy Mark (>50% Revenues from Renewables) Transitional Petroleum Critical Minerals Other
Slide 21: Financial Information: Interim H1 2023
Financial Information: Interim H1 2023 £1.9m Revenue 2022: £2.7 million (£2.7m) Loss 2022: £0.7 million (£0.7m) Loss includes exceptional items, related to restructuring c. £2m Annualised costs removed from the business £4.4m Order Book 30 June 2022: £4.8 million £2.2m Cash (at 30 June. 2022) + Sale
Slide 22: Orderbook and Annual Recurring Revenue (ARR)
Orderbook and Annual Recurring Revenue (ARR) Orderbook • £4.4m at 30 June 2023 (Dec-22: £4.6m, Jun-22: £4.8m) • £1.4m revenue in H2 2023 • £1.5m revenue in 2024 • £1.5m revenue beyond 2024 Annualised Recurring Revenue • £2.6m at 30 June 2023 (Dec-22: £2.4m, Jun-22: £2.2m) • 6 new Globe and software
Slide 23: Business Focus H2 2023
Business Focus H2 2023
Slide 24: Strategic Goals
Strategic Goals Focus on technology and business growth within the energy transition sector Business Technology Explorers Decarbonisers Assets Cost control Increase data Fulfil orderbook and Launch products and New equity participation maintain revenue from services for model to create value Sell Ki
Slide 25: IR / Press Coverage
IR / Press Coverage Increased Marketing and PR Activity
Slide 26: Thank you.
Thank you. Richard Bennett, CEO. richard.bennett@getech.com