Slide 1: 1H FY23 Financial Results
For personal use only 1H FY23 Financial Results MADER GROUP LIMITED | 21 FEBRUARY 2023 re: 3 MADER
Slide 2: Mader at a glance
Global workforce Support vehicles Supported Wide network Operated in Mader is a leading global provider of specialist 2 500 1 000 520 335 8 technical services across multiple industries. + ' + + + We are dedicated to helping customers enhance their Skilled employees Throughout the world Locations Cu
Slide 3: What We Do: Specialist technical services
% MADER What We Bye) Specialist technical services covering... Power Generation Ener & Marine Sector designed to support our customers across Heavy Mobile fe multiple industries on a global scale. Equipment ia’, Fixe ll Transport We deliver ‘tap on, tap off’ technical services : * Infrastructure & L
Slide 4: Specialised expertise and workforce
Specialised We lead the market in delivering safe and high-quality expertise. Our pursuit of quality is backed by years of investment in our people and culture. 26% 19% 20% 13% 14% ir 20-25 26-30 31-35 36-40 41-50 51+ Age of Workforce “Our endless pursuit is focused on ensuring all our people go hom
Slide 5: Operational Review
Fis \ om = se Operational Review © JUSTIN NUICH | EXECUTIVE DIRECTOR & CEO |
Slide 6: 1H FY23 Highlights
1H FY23 Highlights Revenue by Region ($m‘s) Revenue EBITDA NPAT Net Debt Dividends EPS sasic 160.2m 1H FY22 1H FY23 = Australia North America Rest of World Sy lal uae outlay Sustained Invested Diversified driven by continued strong in fleet global diversification in new and existing markets demand g
Slide 7: Regional performance in 1H FY23
▪ Q1 FY2021 revenue in Australia was up 5% vs PCP ▪ Labour mobility expected to improve as state border restrictions ease For personal use only ▪ Targeting a return to pre-COVID-19 margin levels in 2H2021 ▪ High levels of customer demand with estimated missed Growth in 1H FY23 Up 143% in 1H FY23 opp
Slide 8: Financial Review
For personal,use only Financial Review PAUL HEGARTY | CFO
Slide 9: Financial Performance
Financial Performance AS#039;000 1H FY22 1H FY23 Revenue 185,75 280,349 Gross Profit 35,511 58151 Gross Margin 19.2% 20.7% EBITDA 21,180 33,824 EBITDA Margin 14% 121% EBIT 17112 26,568 EBIT Margin 9.2% 9.5% NPAT 12,106 17,570 NPAT Margin 6.5% 6.3% Earnings per Share (cents) 6.05 8.78 Dividends per Shar
Slide 10: Financial Position
Financial Position AS'000 Jun-22 Dec-22 Cash & cash equivalents 6,648 10,473 Trade & other receivables 85,649 107,378 Property, plant & equipment 67,944 85,849 Investments & other assets 12,876 18,433 Total Assets 173,117 222,133 Trade & other payables 39,289 39,852 Tax liabilities 3,387 7433 Provis
Slide 11: Working capital and finance facilities summary
2 g SUMMARY Scaling New Revenue Streams S8.8m > Increased working capital requirements to support continued revenue growth Supporting a Bigger Business S9.9m ro} Invested in working capital requirements ‘to fund growth in the ‘core’ business. Global Finance Facilities Expanded S74.4m Additional fina
Slide 12: Outlook
For personal use only Outlook JUSTIN NUICH | EXECUTIVE DIRECTOR & CEO
Slide 13: Footprint in 1H FY23
Footprint in 1H FY23 Revenue, site and customer data relates to Mader Group operations carried out in 1H FY23 $4.4m REST OF WORLD 7Sites | 7 Customers $57.4m NORTH AMERICA 90+ Sites | 25+ Customers $218.5m AUSTRALIA 430+ Sites | 220+ Customers
Slide 14: A Global Workforce
a Global Workforce Global Pathways is a program that connects skilled technicians with incredible opportunities across the world Asignificant number of Mader employees have signed up to overseas adventures to expand their skills and expertise. The program provides Mader access to international talen
Slide 15: Growth Opportunities and Addressable Market
Growth Opportunities and Addressable Market Sites engaged: Sites Mader Group services versus total operational sites ROM: Run of Mine Production in Metric Tonnes $4.4m Revenue in 1H FY23 7 customers across 7 sites NORTH AMERICA Sites engaged: 90+/~3,160 sites $57.4m Revenue in 1H FY23 60+ customers
Slide 16: Structural Growth Drivers
Structural Growth Drivers GROWTH DRIVERS North America Energy eetueture Rail Services Ancillary oneal fen & Marine : North America - Quarterly Revenue Continued <€ (since inception) diversification 30 New geographical markets and service offerings [= 6 5 @ i & g G « FY19 FY20
Slide 17: Group Outlook & Guidance
Group Outlook & Guidance Current market conditions have provided Mader with confidence to forecast FY23 revenue of at least SS80m delivering NPAT of at least S37m Foundation Targeted 600 sseone 40 laid for growth growth in N P ss0 10 Year CAGR N 35 Strong, flexible business North America 500 IWS mod
Slide 18: Investment Case and Share Price
Investment Case Share Price Market Cap Shares Share Price $906m 200m $4.53 At market close on issue* At market close 2HFY21 1HFY22 2HFY22 1HFY23 Feb23 20 February 2023 20 February 2023 ; —Share Price Undiluted, excludes 9.84m FY24 and FY26 Performance Rights and 1.8m FY24 Share Appreciation Rights.
Slide 19: Appendices
For personal use only Appendices MADER GROUP LIMITED
Slide 20: Board of Directors
For personal use only Jim has over 45 years’ Founder of Mader, Luke is Justin has over 20 years’ Formerly the CEO and CFO of Craig is a venture capital experience in the resources trade qualified with 20 years’ experience in the mining and Mader, Patrick has been with investor in emerging projects s
Slide 21: Our Services
Our Services METHOD OF CUSTOMER ENGAGEMENT Our selection of specialist services are designed to help customers make light work of heavy equipment maintenance © Typically % Multi-year CORE MECHANICAL SERVICES ASST TA freeware scopes Mobile Plant Maintenance ° agreements a io) a a ie) ie] ie] io] Rapi
Slide 22: Planning for the Future: Trade Upgrade Apprenticeship
% Planning for the ture Le) Our Trade Upgrade Apprenticeship Program aims to bridge the 89 % skills gap. Through thi itive, we work closely with our RETENTION industry partners to feed quality tradespeople into mining across Western Australia and Queensland. We are proud to have inducted into our Tr
Slide 23: Community support
For personal use only Supported our charity partner, the Kijilamatambo School. MACA Cancer 200 Ride for Research STEM/Engineering & Trades Career Expo Solwezi, Zambia. WA, Australia WA, Australia
Slide 24: Glossary
Glossary TRIFR Total recordable injury frequency rate per one million hours worked LTIFR Lost time injury frequency rate per one million hours worked HV Electrician High Voltage Electrician LV Mechanic Light Vehicle Mechanic HRT Mechanic Heavy Road Transport Mechanic 1H FY23 The period 1 July 2022 t
Slide 25: Disclaimer
Disclaimer This presentation has been prepared by Mader Group Limited (ACN 159 340 397) "Mader’, "Mader Group” and the Company’). The information contained in this presentation is for information purposes only, The information contained in this presentation is not investment or financial product adv