Cosol Limited · ASX:COS
Cosol — Shareholder Meeting (November 2024)
26 slides from Cosol's shareholder meeting presentation, Nov 14, 2024
Slide 1: 2024 Annual General Meeting
For personal use only 2024 Annual General Meeting 14 November 2024
Slide 2: Important notices & disclaimer
Important notices & disclaimer USE OF THIS DOCUMENT You must read the following notices before reading or making any use of this document or any information contained in this document. By continuing to read, use or otherwise act on this document, you agree to be bound by the following terms and cond
Slide 3: FY25 H1 Update and Outlook
For personal use only FY25 H1 Update and Outlook
Slide 4: FY25 Year to Date Highlights
FY25 Year to Date Highlights Positive momentum across all practices with key contract wins supporting continue its growth in H2 FY25 For personal use only Proprietary Software and Solutions • Expansion and extension of the Department of Transport and Planning Victoria – EAMaaS implementation. Also M
Slide 5: FY25 Priorities and Outlook
FY25 Key Priorities: FY25 Priorities and • Utilise our Asset Management professional services customer base Outlook Expanded customer to pull through higher margin product (IP) and service portfolio. engagement for • Grow revenue on our FY24 managed service contract wins. AMaaS capabilities • Expand
Slide 6: FY24 Review
For personal use only FY24 Review
Slide 7: FY24 Key Highlights
FY24 Strong operating result: • Group revenue of $101.9 million (+ 35.7% pcp) Key Highlights • • Underlying EBITDA1 of $15.7 million (+ 33.0% pcp), NPATA2 of $9.6m (+19.7% pcp) • Underlying EPS3 of 5.24c per share (+2.9% pcp) For personal use only Strategic contract wins that endorse COSOL's strateg
Slide 8: Acquisitions create platform for growth
Acquisitions create Work Management Solutions Western Australia beachhead platform for growth • Western Australia presence, providing footprint and customers to grow Data and Systems offerings. • Entry into Maintenance Operations, providing a combination of Maintenance Professional For personal use
Slide 9: FY24 Financial Highlights
FY24 Financial Highlights Margin improvement in second Leverage Final For personal use only half underpinned the full year performance and continued focus Cash Net Debt Ratio Dividend on working capital optimisation. $6.6M $13.7M 0.9 1.39c Full year 2.39c Group revenue EBITDA1 EBITDA1 NPATA2 NPAT2 E
Slide 10: Continuing to deliver strong CAGR growth
Continuing to deliver strong CAGR growth Organic growth, plus strategic acquisitions accretive to earnings, with revenue synergies and IP delivering sustained growth. $13.3m of dividends4 to shareholders since listing. For personal use only Revenue ($m) EBITDA1 ($m) NPATA2 ($m) EPS2 (cents) 44.8% CA
Slide 11: Our Strategy
For personal use only Our Strategy
Slide 12: What is Asset Management?
What is Asset Management? Optimising performance of physical assets For personal use only Effective Asset Management requires connecting physical assets with their digital representations to Asset Management (AM) reduce cost, reduce risk and increase productivity. is a systematic approach to optimis
Slide 13: Our Strategic Vision – Asset Management as a Service
Our Strategic Vision – Asset Management as a Service Our mission is to help our customers achieve zero waste in their operations and supply chains using COSOL’s creative leadership and passion for asset management innovation. For personal use only • Our focus is to assist our clients to optimise the
Slide 14: COSOL's unique end-to-end Asset Management solutions
COSOL’s unique end-to-end Asset Management (AM) solutions The combination of people, process, systems and data software and solution allows clients to accelerate their digital transformation journey to generate efficiencies from their physical assets. For personal use only 1 AM People 2 AM Process 3
Slide 15: Serving clients in critical industries and national infrastructure
Serving clients in critical industries and national infrastructure COSOL works with a blue-chip client base on their digital transformation which allows them to improve asset performance, reduce costs and deliver superior return on capital. For personal use only SECTOR ASIA-PACIFIC REGION: THE AMERI
Slide 16: COSOL's acquisitions focused on accelerating growth
COSOL’s acquisitions focused on accelerating growth COSOL will continue to pursue accretive acquisitions that accelerate our growth. Our focus is on proprietary IP, recurring revenue streams and geographies that provide the greatest revenue synergies. For personal use only DRIVING SCALE DRIVING VALU
Slide 17: Formal Business of 2024 Annual General Meeting
For personal use only Formal Business of 2024 Annual General Meeting
Slide 18: Financial Statements and Report
Financial Statements and Report For personal use only To receive the Financial Report of the Company for the year ended 30 June 2024 together with the declaration of the Directors, the Directors' Report, the Remuneration Report and the Auditor's Report. Note: this item of business is for discussion
Slide 19: Resolution – Adoption of Remuneration Report
Resolution 1 – Adoption of Remuneration Report To consider and, if thought fit, to pass the following resolution as an ordinary resolution: For personal use only “That, for the purposes of section 250R(2) of the Corporations Act and for all other purposes, approval is given for the adoption of the R
Slide 20: Resolution – Re-election of Director – Gerald Strautins
Resolution 2 – Re-election of Director – Gerald Strautins To consider and, if thought fit, to pass the following resolution as an ordinary resolution: For personal use only “That, Gerald Strautins, a Director who retires by rotation in accordance with rule 6.3 of the Constitution and, being eligible
Slide 21: Resolution – Re-election of Director – Grant Pestell
Resolution 3 – Re-election of Director – Grant Pestell To consider and, if thought fit, to pass the following resolution as an ordinary resolution: For personal use only “That, Grant Pestell, a Director who retires by rotation in accordance with rule 6.3 of the Constitution and, being eligible and o
Slide 22: Resolution – Approval of Additional 10% Placement Capacity
Resolution 4 – Approval of Additional 10% Placement Capacity To consider and, if thought fit, to pass the following resolution as a special resolution: For personal use only “That, for the purposes of Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity Securities u
Slide 23: Resolution – Ratification of Prior Issue of Core Asset shares
Resolution 5 – Ratification of Prior Issue of Core Asset shares To consider and, if thought fit, to pass the following resolution as an ordinary resolution: For personal use only “That, for the purpose of Listing Rule 7.4 and for all other purposes, Shareholders ratify and approve the prior issue of
Slide 24: Resolution – Financial Assistance by Core Asset Co
Resolution 6 – Financial Assistance by Core Asset Co To consider and, if thought fit, to pass the following resolution as a special resolution: For personal use only “That, for the purposes of section 260B(2) of the Corporations Act, Shareholders approve the giving of financial assistance by Core As
Slide 25: Resolution – Approval of Proportional Takeover Provisions
Resolution 7 – Approval of Proportional Takeover Provisions To consider and, if thought fit, to pass the following resolution as a special resolution: For personal use only “That, with effect from the close of the Meeting, the Constitution be amended such that the proportional takeover provisions se
Slide 26: Meeting Closed – Thank You
For personal use only Meeting Closed Thank You www.cosol.global