Mlg Oz Ltd · ASX:MLG
Mlg Oz — FY2021 Earnings Presentation
15 slides from Mlg Oz's earnings presentation, Aug 25, 2021
Slide 1: FY21 Full Year Results Investor Presentation
FY21 Full Year Results Investor Presentation 25 AUGUST 2021
Slide 2: Business Update
Business Update
Slide 3: Revenue and EBITDA ahead of prospectus forecast
Revenue and EBITDA ahead of prospectus forecast Higher revenues mitigating some challenging cost pressures Statutory Pro Forma Prospectus Pro Forma • Pro forma revenue of $254.0 million ahead of prospectus Actuals Forecast Actual forecast ($241.6 million) $000’s Notes FY20 FY21 FY21 FY21 - higher de
Slide 4: High levels of activity in Industry continue
High levels of activity in Industry continue Level of enquiry and new project commencement remains very high • High levels of growth opportunity with new projects commencing H1 FY22 - Northern Star (Existing Client) – Jundee expansion (started) - Norton Gold Fields (New Client) – Paddington Operatio
Slide 5: Vertically integrated service offering
Vertically integrated service offering MLG delivers integrated production support services to embed MLG into customer operations C o n st r u c t i o n S i te S e r v i c e s Crushing and Export M ate r i a l s a n d B u l k H a u l a ge a n d C i v i l Wo r k s S c re e n i n g L o g i st i c s Qua
Slide 6: Financial Information
Financial Information
Slide 7: Financial performance
Financial performance Higher revenues in FY21 mitigating some challenging cost pressures Prospectus Data - Pro forma1 revenue FY21 Actual - Pro forma1 250 Statutory Pro Forma : 17.6% 21A CAGR 254 Prospectus Pro Forma – FY 241 Actuals 200 FY18 Forecast Actual 200 205 $000’s Notes FY20 FY21 FY21 FY21
Slide 8: Income statement
Income statement Statutory result recognises IPO costs and higher interest costs in FY21 Revenue • Statutory Group revenue for FY21 was $257.8m up $49.2m (23.6%) on the prior corresponding period (pcp) of $208.6m. • Pro forma Revenue of $254.0m ahead of prospectus forecast of $241.6m. Revenue by ser
Slide 9: Cashflow and Capital expenditure
Cashflow and Capital expenditure Continued strong cash flow conversion and higher capex ahead of new contract start-ups in FY22 Pro forma1 cash flow summary • Historical positive operating cash flow allowing the business to cover the Pro forma1 Pro forma majority of the capital investment which Pro
Slide 10: Balance Sheet
Balance Sheet Lower net debt as compared to 30 June 2020 providing capacity for growth following receipts of IPO proceeds Consolidated Consolidated $000’s 30 June 2021 30 June 2020 • Strong cash position at 30 June 2021 of Cash and cash equivalents 9,689 1,005 $9.7m Trade and other receivables 42,22
Slide 11: Capital Management and Dividend
Capital Management and Dividend MLG has established debt facilities with sufficient headroom to support growth and working capital Liquidity Dividend • Strong operating cashflow of $36.9m • Final dividend has been determined to be paid for FY21 dividend 01 January 2021 to 30 June 2021 of 1.71c share
Slide 12: Outlook
Outlook Robust industry dynamics driving growth from existing clients with continuing demand for greater ore movements
Slide 13: Outlook for FY22
Outlook for FY22 Material projects commencing in H1 and large tenders on horizon for H2 • Business development pipeline very active with large scale opportunities aligned to MLG integrated model - Recent contract wins mobilising in H1 FY22 (Northern Star – Jundee, Norton Gold – Paddington, Mincor –
Slide 14: Strong pipeline of potential growth opportunities
Strong pipeline of potential growth opportunities MLG has identified and is actively pursuing a range of potential growth initiatives Further contract wins Expanded service offering Pursuit of strategic assets • Utilise differentiated business capability to • MLGs growth to date has been driven by t
Slide 15: Thank you.
Thank you. Contact: Phil Mirams Chief Financial Officer Level 4, London House St Georges Terrace Perth, WA 6000 E: investors@mlgoz.com.au P: 08 6118 5106