Slide 1: EGL Investor Presentation FY21 Financial Results
EGL Investor Presentation FY21 Financial Results August 2021 Presentation should be read in conjunction with Annual Report 30 June 2021
Slide 2: Disclaimer
Disclaimer EGL advises that these presentation slides contain forward looking statements which may be subject to significant uncertainties outside of EGL’s control. No representation is made as to the accuracy or reliability of forward- looking statements or the assumptions on which they are based.
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Slide 4: FY21 Financial Results
FY21 Financial Results $46.6M 24.4% $3.1M Total Revenue up Increase in Revenue EBITDA – after $9.1M on FY20 on FY20 significant items of $217K up from a loss of $128k FY20 $1.8M $1.7M $0.6M EBIT – after NPAT – after Improved balance significant items up significant items up sheet with debt from a lo
Slide 5: FY21 Financial Results
FY21 Financial Results $3.3M $2.0M 270% EBITDA before EBIT before Increase in the significant items of significant items, FX share price as at 30 FX losses $139K & movements are non June 2021 redundancies $78K cash adjustments $0.2M $1.5M $0.7M Reduction in interest Reduction in total Cash on hand e
Slide 6: FY21 Financial Results commentary
FY 21 Financial Revenue Revenue up by 24.4% for the full year with Tomlinson up 8.5% Results for the full year but up 16.7% on the 1st Half as trading started to improve as we learnt to do business in the COVID-19 commentary $46.6M environment. Baltec revenue was up 73% year on year with the strong
Slide 7: FY21 Financial Results commentary
FY 21 Financial NPAT Results Net Profit after tax attributable to shareholders up 230%, compared to a net loss of $1,244,255 for the comparative commentary $1.7M period 30 June 2020. Cash Flow Significant improvement in cash inflow from operating activities in second half of $1.6M compared to a firs
Slide 8: Operating Units
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Slide 9: Baltec Inlet and Exhaust Systems
01 Baltec Inlet and Exhaust Systems 9
Slide 10: Baltec IES revenue and EBIT
Revenue Baltec IES supports the gas turbine industry in its role in assisting the transition from coal- FY21 $19.2M powered to renewable energy production. Tailoring products and custom designs FY20 $11.1M specifically to meet clients’ requirements: Up 73% Key offering EBIT •Turbine performance enha
Slide 11: FY2021 Results Commentary
FY2021 RESULTS COMMENTARY • Strong sales continued with the improved pipeline. • Completed review of the sales process with a focus on margins and risk. • Tender review process completed prior to any submission to client. • Good project management delivering projects at largely forecast margins • 80
Slide 12: Key Products
Key Products Diverter Inlet Filter Dampers Houses Silencers Bypass and HRSG Guillotine Heating and Exhaust Stacks Dampers Cooling Systems 12
Slide 13: Tomlinson Energy Service
02 Tomlinson Energy Service 13
Slide 14: Tomlinson Energy Service revenue, EBITDA and EBIT
Revenue Tomlinson Energy Service (TES) offers a network of service offices across Australia FY21 $22.4M providing 24/7 service, maintenance and FY20 $20.6M repairs of both proprietary equipment and other OEM equipment. Up 8.5% Key Offering EBITDA • Sale and Installation of cost-effective boilers FY2
Slide 15: FY2021 Results Commentary
FY2021 RESULTS COMMENTARY • Revenue increased 8.5% for year and pleasingly 16.7% in 2nd half as we learnt to work with the COVID19 pandemic, a strong result. • Increasingly in the second half sites came back online allowing services & maintenance to be performed. • EBIT was up 55% for the year even
Slide 16: Key Products
Key Products Industrial Industrial Large Commercial Steam Boilers Package Burners Hot Water Boilers Thermal Oil Biomass Steam and Heaters Hot Water Generation 16
Slide 17: Total Air Pollution Control
03 Total Air Pollution Control 17
Slide 18: TAPC revenue, EBIT and EBIT margin
Revenue FY21 $4.5M TAPC designs, manufactures FY20 $5.4M and services flue gas treatment systems which prevent harmful contaminants being Down 15% discharged into the atmosphere. EBIT Key offering FY21 $0.9M • Scrubbers including dry and wet for the removal FY20 $.03M of particulates and gaseous con
Slide 19: FY2021 Results Commentary
FY2021 RESULTS COMMENTARY • Revenue was down 16% after the change in business model to target more repeatable higher margin earnings. • Sales focus on existing client base to perform higher levels of parts sales and service not just new products. • Servicing and spare of plants has remained strong g
Slide 20: Key Products
Key Products Dry Wet Electrostatic Scrubber Scrubber Precipitators Fabric Filters Aeromixes Flue-Gas (Baghouse) & Cyclones Desulphurisation 20
Slide 21: EGL Water
S EGL @? EGL Water
Slide 22: EGL Water PFAS removal technology
EGL Water division has enhanced patented technology designed to protect our environment by the removal of Per- and polyfluoroalkyl chemical substances (PFAS) from contaminated water. • PFAS was primarily used in aircraft fire fighting as a fire retardant however its use expanded into plastics and cl
Slide 23: FY2021 Commentary
FY2021 COMMENTARY • EGL was able to demonstrate, with various PFAS waste streams at pilot plant level, the successful removal of regulated PFAS. • Significant progress has been made commercially with the plant design in preparation for a full commercial trial currently underway. • EGL has worked wit
Slide 24: EGL Waste – Turmec Agency agreement
EGL Waste – 04 Turmec Agency agreement 24
Slide 25: Agency Agreement Updated Commentary
AGENCY AGREEMENT UPDATED COMMENTARY • EGL entered into an exclusive Agency Agreement with Turmec Pty Limited (Turmec) for the sale of world leading recycling solutions in Australia. • EGL has spent the last quarter building the Turmec brand recognition with potential clients in Australia and buildin
Slide 26: Forward Outlook
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Slide 27: Forward Outlook
Forward Outlook 01 02 03 04 Appointment of CEO – Jason Appointment of National Appointment of three Corporate costs well Dixon. 10 years executive Sales & Marketing Manager- independent directors managed over the last 12 experience at Tox Free Paul Gaskett. 14 years completed months to deal with the
Slide 28: Forward Outlook
Forward Outlook 05 06 07 08 Tomlinson should have Baltec & TAPC are expected EGL – Turmec Agency The EGL Water PFAS stronger year if COVID19 to deliver improved results agreement provides a new commercial trial may lead restrictions continue to on FY2021 avenue for growth with a world to a significa
Slide 29: EGL outlook continued
EGL outlook continued • EGL has budgeted for improved earnings in all operating divisions subject to the impact of COVID-19 which is unknown at this stage. • At this stage we optimistically expect EBITDA to increase by over 15% year on year after significant items*. • Corporate costs will increase w
Slide 30: Questions?
Questions? 30
Slide 31: Head Office
HEAD OFFICE Level 1, Suite 1 10 Ferntree Place Disclaimer Notting Hill EGL advises that these presentation slides contain forward looking statements which may be Victoria 3168 subject to significant uncertainties outside of EGL’s control. No representation is made as to the Phone: 03 9763 6711 accur