Eureka Group Holdings Limited · ASX:EGH
Eureka — Shareholder Meeting (November 2017)
6 slides from Eureka's shareholder meeting presentation, Nov 23, 2017
Slide 1: Eureka Group Holdings Limited 2017 Annual General Meeting
Eureka Group Holdings Limited 2017 Annual General Meeting 23 November 2017 For personal use only 1
Slide 2: 2017 Highlights
1.0 2017 Highlights For personal use only • Revenue up to $26.5m from $24.1m the previous year • EBITDA of $9.5m compared to $12.5m the previous year • Total Assets grew to $128m from $111m • Occupancy up to 89.6% by financial year end • Four additional villages acquired during the year • Progress o
Slide 3: Significant Events Post 30 June 2017
2.0 Significant Events Post 30 June 2017 Occupancy For personal use only • Occupancy continuing to rise to 90.5% Terranora DA • DA for Terranora approved by Tweed Shire Council. Eureka is now moving to satisfy the conditions Supported Residential Facilities • Evaluation of options completed • Decisi
Slide 4: Priorities for 2018
3.0 Priorities for 2018 1. Capital Recycling For personal use only • Identified between $20m and $30m of potential assets with majority of recycling over the next 12 months • Expected to provide $32m for acquisition • Additional $4m in run rate EBITDA when deployed 2. Revenue Management • Target 92%
Slide 5: Summary of Guidance for FY2018
4.0 Summary of Guidance for FY2018 For personal use only • Guidance for the year is for an EBITDA in the range of $9.5m to $11.5m • This includes an EBITDA contribution from apartment sales at Terranora of between $2m to $3m • This outlook excludes any profit contribution from new acquisitions • It
Slide 6: Eureka Outlook
5.0 Eureka Outlook For personal use only • Objective that all assets are invested and working hard in our core business • Improved levels of profitability • Positive cash flow to fund growth Source: Third party source * Includes acquisition of Gympie secured in 2017 and settled in July 2017 6
Eureka Group Holdings — Shareholder Meeting (November 2017) on 6ix