Wasteco Group Limited · NZX:WCO
Wasteco — Investor Presentation (August 2023)
18 slides from Wasteco's investor presentation, August 2023
Slide 1: WasteCo Group Limited Investor Presentation
WasteCo Group Limited Investor Presentation August 2023
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation contains summary information about WasteCo and its activities that is current as at the Past performance date of this presentation. Investors should note that past performance, including past share price performance, cannot be relied upon Information
Slide 3: Executive Summary
Executive Summary • WasteCo Group Limited (“WasteCo”) is a leading South Island waste solution company, processing and diverting liquid and solid waste from landfill. It provides comprehensive solutions for household, commercial, industrial and local authority customers. • WasteCo’s earnings base is
Slide 4: Company Overview
Company Overview
Slide 5: A Leading Independent Waste Services Provider in the South Island
A Leading Independent Waste Services Provider in the South Island WasteCo is a leading South Island waste solution company, processing and diverting solid waste from landfill. It provides comprehensive solutions for household, commercial, industrial and local authority customers. Region Services Nel
Slide 6: Solid Waste Services
Solid Waste Services WasteCo provides a full suite of solid waste services from collections for Councils to waste solutions for the commercial and industrial sectors Hook Bins Gantry Bins Event Services Primarily used for large quantities of Open top waste bins for large WasteCo serves hundreds of e
Slide 7: Liquid Waste Services
Liquid Waste Services Professional, certified and trusted, WasteCo’s team of specialists take on the toughest industrial cleaning and environmentally hazardous jobs, whilst ensuring hazardous waste is appropriately treated and disposed. YES WasteCo prides itself on saying “yes” and finding sustainab
Slide 8: Defensive Earnings Characteristics
Defensive Earnings Characteristics WasteCo is a leading provider of essential waste services in the South Island with a significant portion of the Group’s income derived from long-term contracts with Councils and large commercial customers. Some of our trusted clients include: Over 40% of FY23 reven
Slide 9: Prioritising of Sustainable Outcomes
Prioritising of Sustainable Outcomes WasteCo is a leader in the diversion of waste from landfill and provides continuously improving outcomes for both Council and Commercial customers. WasteCo’s purpose-built sorting facility in Christchurch has capacity to process up to 170 tonnes of waste per day.
Slide 10: Growth Strategy
Growth Strategy WasteCo is well positioned to target a number of attractive growth opportunities in existing and adjacent industry segments and geographies in our target to achieving $100m revenue by the end of 2027. Consolidation opportunities continue to offer significant scalability and synergy v
Slide 11: Completed Acquisitions
Completed Acquisitions WasteCo has completed over 10 acquisitions since the business was established in 2013 with a demonstrable track record of identifying, executing and integrating complementary businesses. The WasteCo Group is dedicated to accelerating growth via acquisitions and continues to ac
Slide 12: Conditional Acquisition of BCL & Pro Forma Impact
Conditional Acquisition of BCL & Pro Forma Impact Including recent acquisitions and the conditional agreement to acquire BCL, WasteCo’s pro forma revenue and operating EBITDA for the year ending 31 March 2023 would have been approximately $50m and $10m respectively. Conditional Acquisition Summary P
Slide 13: Financial Summary & Outlook
Financial Summary & Outlook WasteCo is amongst New Zealand’s largest independent waste providers with FY23 revenue and operating EBITDA of $34.4m and $5.6m respectively with a strong growth outlook. NZ$000’s Audited FY22 Audited FY23 % Change Significant opportunities for continued revenue growth: R
Slide 14: Board and Senior Management
Board and Senior Management Senior management team with considerable sector expertise supported by Board comprising directors with significant capital markets, governance and acquisition expertise. Shane Edmond Shane became a shareholder of WasteCo in December 2020. Shane has had extensive experienc
Slide 15: Equity Raising Details
Equity Raising Details
Slide 16: Offer Details
Offer Details • WasteCo is offering up to $2.5m1 of newly issued ordinary shares to WasteCo’s existing New Zealand shareholders under a Share Purchase Plan (“SPP”). • The SPP issue price is a fixed price of $0.065 per new share (the same price as under the placement completed on 13 June 2023) and is
Slide 17: Key Risks
Key Risks Risk Factors Before investing in WasteCo, you should be aware that an investment has a number of risks, some of which are specific to WasteCo and some of which relate to listed securities generally, and many of which are beyond the control of WasteCo. Additionally, some risks may be unknow
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