Slide 1: Correction - H1 FY25 Investor Presentation
Suite 1, Level 2 116 Ipswich Road, Woolloongabba QLD 4102 Email: contact@avadagroup.com.au Website: www.avadagroup.com.au ACN 648 988 783 ASX Market Announcement Australian Securities Exchange 25 February 2025 AVADA GROUP LIMITED CORRECTION - H1 FY25 Investor Presentation For personal use only AVADA
Slide 2: H1 FY25 Results
For personal use only AVADA GROUP LIMITED H1 FY25 RESULTS 24 FEBRUARY 2025
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This document dated 24 February 2025 has been prepared by AVADA Group Limited (ACN 648 988 783) (the Company) and is provided for information purposes only. It contains summary information about the Company and its activities and is current as at the date of this docu
Slide 4: Agenda
AGENDA For personal use only OVERVIEW FINANCIALS BUSINESS UPDATE APPENDIX AVADA Group Limited – H1 FY2025 3
Slide 5: Overview
For personal use only 01 OVERVIEW
Slide 6: H1 FY25 at a Glance
H1 FY25 AT A GLANCE For personal use only REVENUE UNDERLYING UNDERLYING DECREASED 10% GROSS MARGIN (1) EBITDA (1) $91.1m 21.6% $6.2m (H1 FY24: $101.3m) (H1 FY24: 22.8%) (H1 FY24: $9.3M) Challenging economic and Ongoing operational Statutory loss of $9.6m reflects market conditions impacting a consol
Slide 7: We continue to strengthen our client base across core industries
We continue to strengthen our client base across core industries OUR DEPOTS For personal use only Infrastructure Maintenance Government Civil construction Energy Local Government Roads and highways Water State Government Upgrades Repair and upgrades Federally funded AVADA Group Limited – H1 FY2025 6
Slide 8: Financials
For personal use only 02 FINANCIALS
Slide 9: Financial Performance
FINANCIAL \ PERFORMANCE For personal use only • Challenging market conditions have depressed revenue although gross margins remain within range. • Internal focus in H1 FY25 has been on embedding operational consolidation, improving data and reporting analytics to drive efficiencies and performance.
Slide 10: Balance Sheet
BALANCE SHEET For personal use only • $9.6m reduction in the net assets position has been predominantly driven by the impairment of the NZ business. • Cash position reflects the impact of lower revenues in the period and the timing of net tax payments. • Net financial debt has decreased as the group
Slide 11: Business Update
For personal use only 03 BUSINESS UPDATE
Slide 12: Operating Update
OPERATING UPDATE For personal use only H1 FY25 presented multiple industry challenges: • Government funding reallocations have delayed project Despite a range of commencements and maintenance work, impacting the current challenges, Group’s revenue timelines. AVADA is focussed on • Union activity con
Slide 13: Operating Update
OPERATING UPDATE In response, the Group has focussed on execution of its strategy of strengthening its market proposition to maximise For personal use only opportunities for H2 FY25 and beyond: • Consolidation into the single operating structure and brand, AVADA Despite a range of Traffic, with an e
Slide 14: Outlook
OUTLOOK • Early signs for H2 FY25 show positive momentum for improvement in revenue performance. For personal use only • Postponed government projects are expected to resume, and maintenance projects and civil services pipelines remain strong. Union activity will remain a challenge in the Victorian
Slide 15: Appendix
For personal use only 04 APPENDIX
Slide 16: Underlying Earnings
UNDERLYING EARNINGS For personal use only • Non-recurring and non-operational transaction expense adjustments include costs associated with M&A activity, restructuring and systems implementation. • Contingent consideration adjustment relates to the gain recognised with the remeasurement of the liabi
Slide 17: Contact Us
For personal use only Contact Us AVADA Group Limited ABN 57 648 988 783 Suite 1, Level 2, 116 Ipswich Road Woolloongabba QLD 4102 T 1300 321 995 E contact@avadagroup.com.au avadagroup.com.au