ENTYR — Pearl Global — Q1 FY23 Earnings Presentation
21 slides from ENTYR's earnings presentation, Nov 3, 2022
Slide 1: Investor Presentation Quarterly Update
3 November 2022 rsonal use only Investor Presentation Quarterly Update ABN 90 118 710 508 Not for release to US wire services or distribution in the United States.
Slide 2: Pearl Global Limited overview
rsonal use only Pearl Global Limited (Pearl) is an Australian company applying unique, next-generation technology to cleanly convert waste tyres into valuable products. Pearl Global’s technology represents a significant advancement on other tyre recycling processes.
Slide 3: Solving the waste tyre problem
rsonal use only Solving the waste tyre problem Our patented thermal desorption technology converts end-of-life tyres into valuable products, such as fuel, carbon and steel. We are the complete environmental and circular solution beyond anything offered by other type of tyre recycling process. Offeri
Slide 4: Important Notice – Disclaimer
Important Notice – Disclaimer This presentation and the information contained making an investment decision and should not identified by the use of forward-looking information to reflect any change in any of the within it (the “Presentation”) has been prepared form the basis of any decision by a Rec
Slide 5: Performance Summary Q1 FY23
rsonal use only Performance Summary Q1 FY23 Tyres being loaded into sea container Courtesy: Australian Maritime Safety 5Authority
Slide 6: In-bound tyre volumes trending towards commercial levels
In-bound Tyre volumes trending towards commercial levels rsonal use only Quarterly Collection Volumes (Tonnes) 3,000 2,500 2,000 • Inbound tyre volumes of 2,702 tonnes (338,000 passenger tyres) Tonnes 1,500 • +18% on Q4 FY22 2,702 1,000 2,286 • +323% on Q1 FY22 1,636 500 998 638 - • Closing in on su
Slide 7: Revenue growth driven by tyre collection fees
Revenue growth driven by tyre collection fees rsonal use only Revenue Analaysis - Q1FY23 vs Q1FY22 Revenue Analaysis - Q1FY23 vs Q4FY22 1,600 1,500 1,400 25 1,400 14 69 45 29 1,300 187 1,200 354 26 1,200 1,000 158 1,100 800 654 1,000 1,327 1,327 600 900 400 1,064 800 200 368 700 - 600 Q1 FY22 Tyre V
Slide 8: Update on pathway to commercialisation
Update on rsonal use only pathway to commercialisation Q1 FY 2023 Objectives 8
Slide 9: Clear pathway to full scale commercialisation in 2023
There is a clear pathway to full scale commercialisation in 2023 rsonal use only OBJECTIVE 1 OBJECTIVE 2 OBJECTIVE 3 OBJECTIVE 4 Infrastructure Optimise collections Grow off-take Develop skills & delivery customer base customers capabilities ✓ Increase customer density ✓ TDFO customer growth 3rd ✓ R
Slide 10: Rasper successfully installed and commissioned
Rasper successfully installed and commissioned as part of feed preparation and handling (stage 1) rsonal use only • Rasper installed and commissioned • Improved rubber feed for processing with >99% of steel removed • Reduced steel content driving improvements in: • Availability; • Throughput; and •
Slide 11: Tank farm installed and being commissioned
Tank Farm Installed and in the process of being commissioned to improve materials handling capability rsonal use only • Installed and in process of commissioning • Provides 125,000l of storage capacity with direct feed from plant • Reduce manual handling and streamlining fuel delivery from tanker fi
Slide 12: Stapylton lease being extended with yard improvements
Stapylton lease being extended along with tyre yard infrastructure improvement rsonal use only • Improvements to yard underway • 10-year lease for Stapylton site from 1 Feb 2023 • Lease extension will allow full life of onsite infrastructure to be realised • Owner investment to upgrade tyre yard whi
Slide 13: On the road to the future
rsonal use only On the road to the future Offtake market development Government engagement Our new brand 13
Slide 14: Industry leaders pioneering the rCB market in Australia
Pearl Global are industry leaders in pioneering the rCB market in Australia – 1st Mover Advantage rsonal use only ASPHALT BITUMEN CIVIL ENGINEERING PRODUCT DESCRIPTION PROVEN AS A BINDING AGENT TO USED AS WET BINDER TO CREATE FOAM USED AS A BINDING AGENT OF ENHANCE SAFETY, PERFORMANCE BITUMEN – HELP
Slide 15: Progress expanding end users for rCB and TDFO
Successful progress made to expand end users for rcB and TDFO in Australian and internationally rsonal use only Downer EDI • Trial agreement signed to lead to long term commercial agreement • 30-day trial period (up to 2,000 tonnes rCB and 100,000 litres TDFO at commercial rates) • Partnering with n
Slide 16: Independent verification of rCB and TDFO
Verification of Pearl Global’s rcB and TDFO through independent studies with further testing underway Australian Road Research Board (ARRB) rsonal use only • Physical trials and report on rCB in Australian Roads completed - verified improved performance in roads. • Further reports to be commissioned
Slide 17: Engagement with multiple government stakeholders
Pearl Global is currently engaged with multiple stakeholders in Government rsonal use only • National Environment Minister’s announced that end-of-life tyres to be included on the Minister’s product stewardship priority list (Oct 2022) • Demonstrates Governments intend to take action to solve the wa
Slide 18: An entirely new brand approach
An entirely new brand approach – to align to our future rsonal use only • Texture inspired by both tyre treads and asphalt • A colour palette reflective of the company’s origins: a contemporary play on the Australian green and gold, and the colours of the Queensland rainforest, • Friendly and modern
Slide 19: Commercialisation plan on track for H1 2023
Commercialisation plan on track for H1 2023 rsonal use only FY2023 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Fuel handling Rasper Carbon Shredder Carbon Infrastructure & storage handling handling delivery infrastructure Part 1 Part 2 Operational format 4-on 4-off 24hrs 24/7 % Planned facility
Slide 20: Summary
Summary • Making good progress with commercialisation plan rsonal use only • Locked in customer base for feed tyres • Off take market development • Site infrastructure installation • People - skills and resources • Government conversation has started • Stapylton lease extension locked in • Plan to b
Slide 21: Contact Us
rsonal use only Contact Us David Wheeley Chief Executive Officer David.wheeley@pearlglobal.com.au pearlglobal.com.au