Desane Group Holdings Ltd · ASX:DGH

Desane — Shareholder Meeting (November 2024)

16 slides from Desane's shareholder meeting presentation, Nov 14, 2024

  1. Slide 1: Annual General Meeting

    AGM Annual General Meeting 14th November 2024 *Artist’s impression

  2. Slide 2: Acknowledgement of Country

    Acknowledgement of Country Desane acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners and Custodians of the lands and waters of Australia, and we offer our respect to their Elders past, present and emerging. Artwork by Rashmisingh

  3. Slide 3: Disclaimer

    Disclaimer This presentation paper has been published for information purposes only. The information contained in this presentation paper is of a general purpose nature and does not constitute financial product advice. It has been prepared without taking into account any reader's financial position or

  4. Slide 4: Chairman's Address

    Chairman’s Address Prof. John Sheehan AM

  5. Slide 5: Managing Director's Address

    Managing Director’s Address Rick Montrone

  6. Slide 6: FY24 Results Snapshot

    FY24 Results Snapshot NPAT EPS EBIT $1.6m 4.02c $3.2m TOTAL NTA ASSETS per share $101.6m $1.62 All figures based on 30 June 2024 Full Year audited financial report. *Artist’s impression

  7. Slide 7: Capital & Balance Sheet Position

    Capital & Balance Sheet Position All assets performing well - with total rental income up 12.3% for the Group in FY24 In July 2024, Desane sought to de-leverage in the face of rising interest rates, and repaid $3.6m debt with security released on 13 Sirius Road, Lane Cove. Total borrowings for the G

  8. Slide 8: FY24 Profit & Loss Summary

    FY24 Profit & Loss 12 months ending 30 Jun 2024 Summary Property Income $2.2m Interest Income $0.7m Property Revaluations (net gain) $3.2m All other income $0.1m TOTAL REVENUE $6.2m Expenses ($3.0m) Interest & borrowing costs ($0.9m) Deferred & income tax ($0.7m) EBIT $3.2m NPAT $1.6m EPS 4.02c

  9. Slide 9: FY24 Balance Sheet Summary

    FY24 Balance Sheet As at 30 Jun 2024 Summary Assets Cash and financial assets $9.3m Properties $91.4m Other assets $1.0m TOTAL ASSETS $101.7m Liabilities Interest bearing loans $13.9m Deferred tax $20.0m Uplift of 3% in Group total assets to $101.6m Other liabilities $1.3m Significant revaluation upli

  10. Slide 10: Investments & Properties

    Investments & Properties *Artist’s impression

  11. Slide 11: Penrith Central Industrial Estate Development

    Penrith Central Industrial Estate Development The 2025 and 2026 financial years will present an opportunity for Desane to progress the development of the 11,650 m2 Thornton Estate property, located in the heart of Penrith. The development will create warehouse industrial units and an urban retail cen

  12. Slide 12: Re-stocking Continues

    Re-stocking Continues Acquisition of 436 m2 freestanding E1 Zoned (Local Centre) property at 35 Norton Street, Leichhardt for $3.5m. Acquisition is part of the Group’s investment property re-stocking (as part of the CGT rollover deferral) and will bolster future revenue streams and provide developme

  13. Slide 13: Property & Investment Summary

    Investment Value Property Borrowings Strategy *Artist’s impression as at 30 Size Jun 24 Cash & financial $9.3m N/A N/A Re-deploy into property assets assets 91 Thornton Drive $13.5m 11,650 m2 unencumbered Progress the re-designed industrial development project PENRITH NSW Leased 13 Sirius Road LANE $

  14. Slide 14: Desane will focus on three core objectives

    Desane will focus on Investment strategies which will bolster ROE three core objectives: and rental income streams Re-evaluate development projects, Review capital management opportunities to with an eye to achieving maximum continue improving the Group’s asset growth value outcomes with minimal ris

  15. Slide 15: Items of Business & Proxies Received

    Items of Business & Proxies Received For Open Against Abstain Item 1 Receive and adopt the 2024 Financial Report NO VOTING FOR THIS ITEM Item 2 12,606,098 2,166,653 5,490 0 Adopt the 2024 Remuneration Report 85.30% 14.66% 0.04% N/A Item 3 27,528,507 2,197,269 5,100 0 Elect Jack Sciara as an executiv

  16. Slide 16: Questions?

    Questions? E: info@desane.com.au P: 02 9555 9922 W:https://www.desane.com.au/ CREDITS: This presentation template was created by Slidesgo, and includes icons by Flaticon, and infographics & images by Freepik

Desane Group Holdings — Shareholder Meeting (November 2024) on 6ix