Slide 1: FY24 Half Year Investor Presentation
FY24 Half Year Presentation For personal use only Investor Presentation FY24 Half year WWW.BSA.COM.AU
Slide 2: Our Business
– HY2024 BSA Limited Investor Presentation HY2024 BSA has evolved to become one of Australia’s leading technical services companies, providing rich and adapted solutions that are both flexible in delivery and a testament to Our Business many years of industry practice: For personal use only • BSA ha
Slide 3: Highlights
For personal use only Highlights
Slide 4: HY2024 – Executing our plan
BSA Limited Investor Presentation HY2024 HY2024 – Executing our plan For personal use only Continuous execution of three horizon Stabilise Focus Transform Completed: In progress: On target: ▪ Achievement of sustainable and ▪ Focus on additional client ▪ Target remains double digit stable continuing
Slide 5: HY2024 Performance Highlights
BSA Limited Investor Presentation HY2024 HY2024 Performance Highlights For personal use only BSA continues to achieve sustainable run rates and delivery with cornerstone clients Continuing Discontinued Safety Operations Operations Absolute Safety Sustainable Fire Build NSW Focus Earnings LTIFR 2.47
Slide 6: Continuing Operations
For personal use only Continuing Operations
Slide 7: Stabilisation and focus: Key Achievements
BSA Limited Investor Presentation HY2024 Stabilisation and focus Key Achievements For personal use only Business Safety & Revenue EBITDA Clients Development People $121.4m $10.1m 100% Retention New Clients & Safety Metrics Markets Improvement • Key delivery partner for • Favourable work type mix • P
Slide 8: Key Focus and Growth
BSA Limited Investor Presentation HY2024 Key Focus and Growth For personal use only Clear opportunities expected to underpin continued growth over the medium and longer term Fixed-Line Wireless Smart Energy Solutions ✓ Long-term nbn partnership; ✓ Acquisition of Catalyst One in 2020 to ✓ Over 5 year
Slide 9: EV market entry provides growth potential
BSA Limited Investor Presentation HY2024 EV market entry provides growth potential For personal use only EV Capabilities • Premium Residential Installs; • Design and Construct EV network Charging Infrastructure; • Multi-point Commercial Installations; • End to End EV Operating Model; and • EV Consul
Slide 10: Health, Safety & Environment (HSE) Performance
BSA Limited Investor Presentation HY2024 Health, Safety & Environment (HSE) Performance For personal use only Focus on continuous improvement across all areas of health, safety, environment and well-being ▪ We continued our focus on our HSE strategic pillars of Leadership, Engagement, Risk ▪ We part
Slide 11: Discontinued Operations
For personal use only Discontinued Operations
Slide 12: Discontinued Operations – Providing Certainty
BSA Limited Investor Presentation HY2024 Discontinued Operations – Providing Certainty For personal use only Transition plan to Guardian Protection Services Pty Ltd (Guardian), that will safeguard the interests of all parties involved People Client commitment Partnership with Guardian ✓ Wellbeing of
Slide 13: Financial Performance
For personal use only Financial Performance
Slide 14: Profitability – Continuing Operations
BSA Limited Investor Presentation HY2024 Profitability – Continuing Operations Revenue For personal use only Strong growth in Gross margin and EBITDA (#039;m) 150 122.5 123.0 121.4 105.3 100 Summary (#039;m) H1FY24 H1FY23 Change Revenue 121.4 123.0 (1.6) 50 Gross margin 33.7 28.3 5.4 Gross margin % 27.8%
Slide 15: Facility & Funding
BSA Limited Investor Presentation HY2024 Funding Facility & Funding For personal use only Funding Facilities ($’m) Institution Drawn Available Limit • No changes in Facility Limits occurred during the half year Cash Facilities ended; Debtor financing facility CBA 4.0 11.0 15.0 Total Cash Facilities
Slide 16: Cash flow
BSA Limited Investor Presentation HY2024 Cash flow Cash flow For personal use only • Operating cash improvement versus the prior comparative period, with a $2.6 million inflow for H1 FY24, versus a Cash flow results (#039;m) H1 FY24 H1 FY23 Change $10.8 million outflow for H1 FY23; EBITDA before restru
Slide 17: Balance Sheet
BSA Limited Investor Presentation HY2024 Balance Sheet For personal use only (#039;m) H1 FY24 FY23 Change Key comments Current assets 36.4 39.6 1.5 • Intangible assets represents acquired customer contracts; - Cash 2.3 2.0 0.3 - Working capital (incl. net contract asset) 34.0 27.0 8.7 • PP&E and softwa
Slide 18: Group Results
BSA Limited Investor Presentation HY2024 Group Results For personal use only (#039;m) H1 FY24 H1 FY23 Change Revenue Continuing Operations 121.4 123.0 (1.6) Discontinued Operations 6.6 100.1 (93.5) Group Revenue 128.0 223.1 (95.1) EBITDA Continuing Operations 10.1 6.4 3.7 Discontinued Operations (1.7)
Slide 19: Summary
For personal use only Summary
Slide 20: Summary
BSA Limited Investor Presentation HY2024 Summary For personal use only ▪ Significant improvement in profitability metrics; ▪ Continued partnership with cornerstone clients, targeting delivery of additional services; ▪ Execute Electric Vehicle strategy; ▪ Focus on transition of APS Fire NSW; ▪ FY2024
Slide 21: Thank You
For personal use only Thank You WWW.BSA.COM.AU