Om Holdings Ltd. · ASX:OMH
Om — FY2021 Earnings Presentation
12 slides from Om's earnings presentation, Mar 2, 2022
Slide 1: OM Holdings Limited ASX announcement cover letter
OM HOLDINGS LIMITED (ARBN 081 028 337) (Malaysian Registration No. 202002000012 (995782-P)) Incorporated in Bermuda No. of Pages Lodged: 12 2 March 2022 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM HOLDINGS LIMITED (“OMH”) PRESENTATION Please find
Slide 2: OM Holdings Limited 2021 Full Year Results Investor Presentation
1 OM HOLDINGS LIMITED Australia • China • Japan • Malaysia • Singapore • South Africa March 2022 • 2021 Full Year Results Investor Presentation • ASX:OMH | Bursa:OMH (5298)
Slide 3: Disclaimer
2 DISCLAIMER This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider w
Slide 4: FY2021 Financial Highlights
3 FY2021 FINANCIAL HIGHLIGHTS Revenue Loan Repayment* Cashflow from Operations A$1.04b A$51.1m A$94.2m FY20 A$784.6m FY20 A$33.2m FY20 A$76.6m Adj. EBITDA Profit att. To owners Profit per share A$204.0m A$81.9m 11.11 cents FY20 $78.0m FY20 A$5.4m FY20 0.73 cents *Loan Repayment includes the repaymen
Slide 5: Operational Performance and FY22 Guidance
4 OPERATIONAL PERFORMANCE AND FY22 GUIDANCE Mn Ore Production Volume (kmt) Mining Segment (Mn Ore) • Mining completed in December 2021. Processing of remaining 738 854 feedstocks will cease by January 2022, with sales paced through 570 2022. FY2019 FY2020 FY2021 • Final test for Ultra Fines Plant in
Slide 6: Recorded A$204M EBITDA in FY 2021
5 RECORDED A$204M EBITDA IN FY 2021 Revenue and GP Margin Growth due to volume and prices… $5,000 USD/mt $2,000 26.4% 30% 23.4% FY 2021 FeSi: $2,098 / mt (+96.6% YoY) Revenue A$ million 21.2% $4,000 FY 2021 SiMn : $1,449/ mt (+53.9% YoY) $1,500 GP Margin 14.9% 12.3% 20% $3,000 $1,000 1,510 10% $2,00
Slide 7: Gearing Ratio Lowered, Positive Cash Position Maintained
6 GEARING RATIO LOWERED, POSITIVE CASH POSITION MAINTAINED Pay down debt, and sustainable dividend $800 Total Debt 4 • Repaid ~A$25.8m to Sarawak project finance Gearing Ratio loan, redeemed ~A$14m convertible notes, $600 3.05 3 among other repayments in FY2021 A$ million $400 1.77 2 • Gearing ratio
Slide 8: Financial Highlights
7 FINANCIAL HIGHLIGHTS A$’million 2016 2017 2018 2019 FY2020 FY2021 Revenue 414.2 988.2 1,510.4 1,026.5 784.6 1,040.8 Gross Profit 60.1 209.6 353.3 152.5 96.3 274.5 GP Margin (%) 14.5 21.2 23.4 14.9 12.3 26.4 Adjusted EBITDA* 35.0 186.1 339.7 154.5 78.0 204.0 Profit/(Loss) Before Tax (8.1) 72.6 236.
Slide 9: Company Snapshot
8 COMPANY SNAPSHOT Balancing debt reduction with sustainable dividends Issued Shares 738.6 million shares Share Price Performance Share 2.00 Share Price A$ 0.90 / RM2.90 ASX (AUD) Metrics 1.50 (as at 22nd 52 weeks Low / High A$ 0.66 / A$ 1.25 1.00 Feb 2022) Market Capitalization A$ 664.7 million 0.5
Slide 10: Development Plan 2022 & Beyond
9 DEVELOPMENT PLAN 2022 & BEYOND Sustained 12 furnace output through end of 2021, major developments for 2022 Pre-COVID 2021 2022 Future Conversion + Maintenance Fesi 10 of 10 ~6 of 10 4 to 6 furnaces 6 of 6 230ktpa 120ktpa 110-130ktpa 130-140ktpa 65-70 mt / day Mn Alloys 6 of 6 ~6 of 6 4 to 6 furna
Slide 11: Key Takeaways
10 KEY TAKEAWAYS OM, now a simpler story 1 3 Lowest Cost Quartile Largest Producer in the Ferroalloy Smelter in the Region, with Growth and Region(1) Diversification Plans Backed by low cost environmentally Prioritize diversification to silicon friendly hydro power from a 20-year metal targeting ren
Slide 12: OM Holdings Limited
11 OM HOLDINGS LIMITED AUSTRALIA • CHINA • JAPAN • MALAYSIA • SINGAPORE • SOUTH AFRICA