Vysarn Ltd · ASX:VYS
Vysarn — Shareholder Meeting (November 2020)
14 slides from Vysarn's shareholder meeting presentation, Nov 20, 2020
Slide 1: AGM Presentation November 2020
AGM PRESENTATION NOVEMBER 2020
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Vysarn Limited ("Vysarn" or the recipient of the Presentation should make their own enquiries and investigations "Company") ("Presentation") and contains general and background information regarding all information in the Presentation including, but
Slide 3: Corporate Snapshot
Corporate Snapshot About Vysarn Limited (ASX:VYS) Vysarn Limited (‘Vysarn’ or ‘the Company’) commenced operations in Share Price Performance September 2019, quickly establishing itself as a leading provider of production 11.0 $0.11 critical, hydrogeological drilling and dewatering services. 10.0 $0.
Slide 4: Board and Executive Management
Board and Executive Management Peter Hutchinson James Clement Sheldon Burt Chris Brophy Non-Executive Chairman CEO & MD Executive Director Non-Executive Director Business leader with over 30 years’ An experienced manager and ASX Drilling industry professional with over Accomplished business leader w
Slide 5: Investment Highlights
Investment Highlights Delivering Profits Strong Growth Thematic During FY20 Vysarn grew monthly revenue from zero to Demand for hydrogeological services continues to grow $2.5m per month. Net operating cashflow of $2.0m in FY20 as clients increase production from below the water table Critical to Pr
Slide 6: FY20 Results Overview
FY20 Results Overview FY20 Profit & Loss – A Strong First Year FY20 – Profit and Loss 30 June 2020 30 June 2019 From IPO in September 2019, Vysarn established operations and REVENUE delivered profitability Revenue from operations 11,912,589 163,459 ▪ Total revenue: $19.3m Other income 7,383,749 - ▪
Slide 7: FY20 Results Overview cont.
FY20 Results Overview cont. FY20 Balance Sheet – Remains Robust FY20 – Balance Sheet 30 June 2020 30 June 2019 Vysarn’s balance sheet has transformed over the past 12 months CURRENT ASSETS Cash and cash equivalents 9,706,113 6,983,931 ▪ Strong cash position: $9.7m Trade receivables 2,766,495 36,206
Slide 8: Key Milestones
Key Milestones Company Milestones ▪ FY20 $6.0m EBITDA (includes gain on bargain purchase, share based payments and IPO transaction costs) ✓ ✓ ▪ FY21 earnings anticipated to be $6.0m EBITDA subject to rig utilisation (operational earnings). Potential to outperform ✓ Earnings if several earmarked mult
Slide 9: Strategy & Outlook
STRATEGY & OUTLOOK 9 VYSARN LIMITED ASX:VYS
Slide 10: Water in the Pilbara
Water in the Pilbara Dewatering is an Pilbara Production is Heading Under Water ▪ Dewatering has become an operational imperative with water operational imperative table issues becoming one of the largest impediments to ongoing production ▪ 65% of the economic resources in the Pilbara are under the
Slide 11: FY21 Rig Deployment Targets
FY21 Rig Deployment Targets Sep Qtr Dec Qtr Mar Qtr Jun Qtr Rigs 1 – DR24HD Quarter Commentary Deployed 2 – DR24HD ▪ Seven rigs deployed across four clients ▪ Current utilisation underpins foundation 3 – DR24HD Sept Qtr 7 of anticipated $6.0m FY21 EBITDA run rate 4 – DR24HD ▪ Rig 5 and Rig 9 current
Slide 12: Growth Strategy – Next Steps
Growth Strategy – Next Steps Pump Testing ▪ Pump testing involves installing specialised equipment after a well is Stage Hydro drilling Service completed to determine performance and dewatering requirements Foundation Established Reinjection 1 Pump Testing Strategy: Organic / Rationale ▪ ▪ Logical f
Slide 13: Executive Management – Key Appointment
Executive Management – Key Appointment Vysarn’s Executive Management Appointment Vysarn’s wholly owned subsidiary Pentium Hydro Pty Ltd recently appointed Andrew Chandler to the position of Chief Operating Officer ▪ Previously the General Manager of market leading hydrogeological drilling company Ea
Slide 14: Outlook
Outlook Growth Strategy Strong Demand “In the Company’s first nine months we’ve been able to establish profitable Vysarn has established its foundations operations and form a robust business. We’re set to build upon this foundation with tier-1 customers, a robust balance and leverage the water thema