Laserbond Limited · ASX:LBL

Laserbond — Investor Presentation (September 2022)

25 slides from Laserbond's investor presentation, Sep 13, 2022

  1. Slide 1: September 2022 Investor Presentation

    For personal use only September 2022 ASX: LBL

  2. Slide 2: Disclaimer

    DISCLAIMER For personal use only No responsibility for contents of Investor Accuracy of projections and forecasts No offer to sell or invitation to buy Presentation This Investor Presentation may include certain This Investor Presentation does not, and should To the maximum extent permitted by law,

  3. Slide 3: Business Overview & Performance Summary

    For personal use only Business Overview & Financial Operational Strategy & Performance Appendices Performance Summary Performance Prospects

  4. Slide 4: Business Overview

    BUSINESS OVERVIEW For personal use only Exposure to recurring industry Services Division wear problems leads to research R&D Repair and refurbishing for better solutions & product New surface engineering LaserBond provides worn or damaged opportunities materials and application machine parts technol

  5. Slide 5: Performance Summary

    PERFORMANCE SUMMARY For personal use only NPAT Net Cash Flow Dividend 4 $M Cents $M A solid performance in 3 FY22 after growth 2.8 2 strategies coming to 3.6 1.8 1.2 1.4 2 2.8 2.8 fruition, and despite 0.8 0.9 0.8 0.9 1.0 1 global external factors 0 impacting the business FY19 FY20 FY21 FY22 FY19 FY

  6. Slide 6: Financial Performance

    For personal use only Business Overview & Financial Operational Strategy & Performance Appendices Performance Summary Performance Prospects

  7. Slide 7: FY22 Earnings

    FY22 EARNINGS For personal use only Revenue EBITDA NPAT 4 $M $M $M All earnings metrics in 3 FY22 up, an excellent 2 8.7 achievement and 24.7 30.7 6.2 6.4 2 2.8 2.8 2.8 3.6 22.7 22.2 largely reflecting 15.6 4.9 1 1.0 2.2 relaxation of global 0 FY18 FY19 FY20 FY21 FY22 travel restrictions, FY18 FY19

  8. Slide 8: Cash and Working Capital

    CASH AND WORKING CAPITAL For personal use only Cash from Operations Cash at Bank Working Capital 6 $M $M $M Consistently strong 5 cash flows provides 4 4.8 3 12.3 increasing levels of 4.1 4.3 4.2 4.9 5.7 8.8 2 4.0 7.3 working capital to 1 2.2 5.9 6.1 1.4 support the growth 0.4 0 FY18 FY19 FY20 FY21

  9. Slide 9: Debt

    DEBT For personal use only Financial Liabilities Net Debt* HP & finance leases Total net debt $M $M $M 4.5 5.8 LaserBond’s balance Facility lease liabilities Net debt ex facility lease liabilities 4.8 3.4 sheet remains strong, 4.1 4.9 with continuing low 0.7 1.0 levels of net debt, 5.9 5.2 0.5 -0.4

  10. Slide 10: Operational Performance

    For personal use only Business Overview & Financial Operational Strategy & Performance Appendices Performance Summary Performance Prospects

  11. Slide 11: Services Division Overview

    SERVICES DIVISION OVERVIEW For personal use only Services Revenue  Offers reclamation of worn industrial components using LaserBond® cladding and thermal spraying as well as high capacity welding, $M Services revenue grew machining and heat treatment to provide a complete service suite – after both

  12. Slide 12: Products Division Overview

    PRODUCTS DIVISION OVERVIEW For personal use only Products Revenue Demand for  Manufactures products incorporating LaserBond® cladding applications, such as steel mill rolls, rotary feeders and a range of OEM consumables $M consumables or spare utilised across a breadth of industries parts, which ou

  13. Slide 13: Technology Division Overview

    TECHNOLOGY DIVISION OVERVIEW For personal use only Technologies Revenue Supply chain issues  Enables customers to bring LaserBond cladding technology in-house under $M for minor electronic long-tailed licensing agreements which cover equipment supply, technology usage and the supply of associated c

  14. Slide 14: R&D Investment

    R&D INVESTMENT For personal use only R&D Investment  LaserBond identifies opportunities for products and technologies in the natural LaserBond develops FY22 $508,656 course of business, as customers request innovative products custom-designed solutions to wear life and technologies that problems FY

  15. Slide 15: Safety and the Environment

    SAFETY AND THE ENVIRONMENT For personal use only Safety The Environment Over three decades of • Rolling 12 month LTIFR has Technology Operations operation, LaserBond remained stable compared to • LaserBond’s R&D program aims to • ISO 14001 certification promotes p.c.p. despite a continuing minimise

  16. Slide 16: Strategy & Prospects

    For personal use only Business Overview & Financial Operational Strategy & Performance Appendices Performance Summary Performance Prospects

  17. Slide 17: Strategy for Growth

    STRATEGY FOR GROWTH For personal use only  Continued assessment of  Upgrading or increasing potential acquisition targets to capabilities at all sites to a expand footprint – QLD acquisition standard to meet customer needs. The long-term completed in January 2022  Aggressive marketing plan for pr

  18. Slide 18: Investment Rationale

    INVESTMENT RATIONALE For personal use only Strong Demand in Solid Business Culture of LaserBond’s business 1. 2. 3. Local and Offshore Foundations Innovation Markets model is founded on innovating to meet  Year on year growth on all  Business model founded on  Accessing sizeable global specific c

  19. Slide 19: Appendices

    For personal use only Business Overview & Financial Operational Strategy & Performance Appendices Performance Summary Performance Prospects

  20. Slide 20: LaserBond Snapshot

    LASERBOND SNAPSHOT For personal use only L B L S HAR E P R IC E INDE X MO VE ME NT VS AS X 200* (year ending 8/9/22) C O MP ANY INF O R MAT ION 120 Incorporation 30/09/1992 LBL IP O 17/12/2007 95 S ydney, Melbourne, O ffices /s ites ASX200 Adelaide, B ris bane 70 Sep Oct Nov Dec Jan Feb Mar Apr May

  21. Slide 21: Five-Year Earnings

    FIVE-YEAR EARNINGS For personal use only A$000 2017 2018 2019 2020 2021 2021 Sales Revenue 13,751.4 15,648.1 22,667.2 22,177.3 24,664.5 30,711.1 Gross profit 7,186.0 6,962.1 10,742.7 11,522.8 12,588.0 16,701.2 Operating Expenses (4,730.1) (4,731.6) (5,845.1) 5,335.3) (6,204.3) (8,024.8) EDITDA 2,455

  22. Slide 22: Five-Year Balance Sheet/Cash Flow

    FIVE-YEAR BALANCE SHEET/CASH FLOW For personal use only A$000 2017 2018 2019 2020 2021 2022 Cash & Equivalents 2,011.6 1,379.1 2,192.5 3,997.7 4,907.9 5,683.8 Current assets 7,851.0 9,229.1 10,135.7 11,843.7 14,929.1 22,367.7 Non-current assets 2,776.6 3,398.0 6,265.5 11,759.7 14,601.8 23,455.8 Tota

  23. Slide 23: Case Study: Up to 70 wt-% Crack Free Tungsten Carbide

    Case Study 1 UP TO 70 WT-% CRACK FREE TUNGSTEN CARBIDE For personal use only Benefits Independent Tests LaserBond’s metal matrix composite • High carbide content leading to excellent wear A leading, independent global materials and resistance. surface solutions provider test our 70 wt-% claddings ar

  24. Slide 24: Case Study: Reclamation in Power Generation

    Case Study 2 RECLAMATION IN POWER GENERATION For personal use only Problem Typical Applications LaserBond’s proprietary  Typical applications for wear resistance are • Steam pressure control valves, protecting cladding process creates a using manual arc-welding or Plasma Transfer from severe corros

  25. Slide 25: Further Information

    Further Information: For personal use only Matthew Twist Chief Financial Officer and Company Secretary (02) 4631 4500 matthewt@laserbond.com.au www.laserbond.com.au

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