Babylon Pump & Power Ltd · ASX:BPP
Babylon Pump & Power — FY2024 Earnings Presentation
14 slides from Babylon Pump & Power's earnings presentation, August 2024
Slide 1: FY24 Results Investor Presentation
(ASX: BPP) FY24 RESULTS INVESTOR PRESENTATION RECORD REVENUE | MAIDEN NPAT AUGUST 2024 $6M EBITDA | DE-LEVERAGING BALANCE SHEET 1
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This presentation has been prepared by Babylon Pump & Power Limited (“Babylon”) (ASX: not anticipate” or “believes” or variations of such words and phrases or statements that BPP) for information purposes only. certain actions, events or results “may”, “could”, “would”,
Slide 3: About Babylon Pump & Power Ltd
ABOUT BABYLON PUMP & POWER LTD GROWING A PORTFOLIO OF SPECIALTY, ESSENTIAL SERVICES HIGHLY VALUED BY MAJOR RESOURCES COMPANIES Rental of specialised water management equipment and specialist services Rental of portable hybrid power and traditional generation Unique rental offerings to assist clients
Slide 4: FY24 Financial Highlights
FY24 FINANCIAL HIGHLIGHTS REVENUE EBITDA NPAT OPERATING CASHFLOW 50 7 1 8 Millions Millions Millions Millions 6 7 40 5 0 6 FY23 FY24 5 30 4 -1 4 3 20 3 2 -2 2 10 1 1 0 0 -3 0 FY23 FY24 FY23 FY24 FY23 FY24 $41.7m $6.1m $0.5m $7.5m Up 28% from Up 118% from Up 120% from Up 231% from $32.5m FY23 $2.8m(1
Slide 5: FY24 Financial Snapshot
FY24 FINANCIAL SNAPSHOT Profit & Loss A$’000 FY 2024 FY 2023 % Growth Balance Sheet A$’000 30 June 2024 30 June 2023 Revenue 41,738 32,500 28% Cash & cash equivalents 367 1,565 Operating and indirect costs 35,614 29,693 Trade & other receivables 4,631 5,758 Inventories 6,077 7,490 EBITDA 6,124 2,807
Slide 6: EBITDA Growth Across Both Segments
EBITDA GROWTH ACROSS BOTH SEGMENTS FY23 segment EBITDA breakdown ($M) FY24 segment EBITDA breakdown ($M) Increase Decrease Total Increase Decrease Total $10 $10 4.2 0.0 $9 $9 $8 $8 $7 $7 1.0 6.1 $6 $6 3.2 -3.2 5.1 $5 $5 $4 3.8 $4 -2.6 $3 $3 2.2 $2 $2 $1 $1 $- $- Maintenance Rental Other inc. Corp. c
Slide 7: Delivering Improved Performance Across Our Business
DELIVERING IMPROVED PERFORMANCE ACROSS OUR BUSINESS Improved financial Advancing rental & water Profitability improvement Deleveraging balance sheet and performance management strategy across all segments improving working capital Record EBITDA, Operating Successful introduction of Maintenance
Slide 8: Rental Segment Continues To Grow
RENTAL SEGMENT CONTINUES TO GROW Rental segment revenue up 20% over previous year Rental segment EBITDA up 31% over previous year Rental growth has been predominantly in the gold and iron ore sectors with increasing utilisation of existing assets Lower CAPEX spend in FY24 as assets have been
Slide 9: Maintenance Segment Delivers Strong Results
MAINTENANCE SEGMENT DELIVERS STRONG RESULTS Maintenance segment revenue up 32% over previous year Maintenance segment EBITDA up 137% over previous year Growth in revenue and profitability seen in both WA and QLD facilities as repeat clients are scheduling recurring works for rebuild programmes
Slide 10: Dewatering: A Long-Term Growth Opportunity
DEWATERING: A LONG-TERM GROWTH OPPORTUNITY The activities of miners in the Pilbara continue to move deeper under the water table as production expands of iron ore and other commodities. This trend takes in many significant mines throughout the region including the major iron ore producers (pictu
Slide 11: Group Outlook
GROUP OUTLOOK Increasing sector demand and streamlined business focus will continue trajectory of improved earnings and overall business growth. Babylon continues to add new assets while driving organic growth in the rental segment and remains alert for potential acquisitions to build rental scale a
Slide 12: Corporate Snapshot
CORPORATE SNAPSHOT ASX Code BPP Price (A$) 12 Month Share Price Performance & Volume Volume (m) Ordinary Shares 2,500m Performance Rights 226m 0.008 40 Market cap (@ 0.6 cents) $15.0m 0.007 35 Shareholders 828 0.006 30 Board & Management Ownership 7.8% 0.005 25 Top 20 Holdings 49% 0.004 20 Major Sha
Slide 13: Board Of Directors
BOARD OF DIRECTORS James Cullen Michael Shelby Patrick Maingard Louise Bower Chris Radin Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Jamie has over 20 years’ Co-Founder of Babyl on, Patrick has over 30 years of Louise has 27 years’ Ch
Slide 14: Michael Shelby
MICHAEL SHELBY Managing Director 1 Port Place, High Wycombe WA 6057 +61 477 088 341 mshelby@babylonpumpandpower.com www.babylonpumpandpower.com