Synertec Corporation Limited · ASX:SOP
Synertec — Shareholder Meeting (November 2023)
20 slides from Synertec's shareholder meeting presentation, Nov 28, 2023
Slide 1: 2023 Annual General Meeting ASX Announcement
T +61 (0)3 9274 3000 Ground Floor Synertec Corporation Ltd info@synertec.com.au 2-6 Railway Parade, Camberwell ABN 37 161 803 032 www.synertec.com.au Victoria, 3124, AUSTRALIA www.synertec.com.au ASX Announcement 28 November 2023 Synertec Corporation Limited (ASX:SOP) 2023 Annual General Meeting Cha
Slide 2: Chair address – Mr. Dennis Lin
28 November 2023 Synertec Corporation Limited (ASX:SOP) 2023 Annual General Meeting Chair address – Mr. Dennis Lin On behalf of the Board of Directors, I would like to welcome you to the 2023 Annual General Meeting for Synertec Corporation Limited. The 2023 financial year saw the Company deliver a t
Slide 3: Chair address continued: board evolution and ESG
These recent major contract awards reflect several qualities of Synertec’s Engineering business, including best-in-class automation, control and process Engineering expertise (with extensive experience in global control technologies for renewable technology solutions), as well as our ability to exec
Slide 4: Managing Director's Presentation
Managing Director’s Presentation Building a better tomorrow through technology development and smart engineering Synertec Corporation Limited (ASX: SOP) 2023 Annual General Meeting 28 November 2023
Slide 5: Disclaimer
Disclaimer This presentation has been prepared by Synertec Corporation Limited (Synertec or the Company) on behalf of the Forward looking statements, forecasts and estimates, by their very nature, involve known and unknown risks and Company and its subsidiaries (the Group). are subject to uncertaint
Slide 6: About Synertec
About Synertec Synertec is an engineering-enabled Technology Company led by Powerhouse, the most advanced renewable microgrid system in the world. TECHNOLOGY ENGINEERING We design, develop and deliver Our multi-disciplinary expertise of technology that provides our over 100 engineers supports partne
Slide 7: Board and Senior Management
Board and Senior Management “Synertec is committed to strengthen and diversify the skills of our Board in line with our ambitious strategic goals and strong governance practices, as we continue to increase the scale and profile of our Company.” Dennis Lin Michael Carroll David Harris Peter Lamell Ia
Slide 8: FY23 in Review
FY23 IN REVIEW 5
Slide 9: FY23 saw Material Financial and Operational Progression
FY23 saw Material Financial and Operational Progression $15.6m $15.9m $19.2m $10.7m $25m Revenue and other Cash receipts from Total assets, up Cash on hand as at Approximate income, up 29% on customers, up 35% 76% on pcp 30 June 2023 contract awards pcp on pcp and extensions secured in FY23 Nil Zero
Slide 10: Delivering a Track Record of Growth
Delivering a Track Record of Growth STRONG AND CONSISTENT REVENUE GROWTH ROBUST FINANCIAL POSITION Total Cash Other Assets 9 20 8 15 7 CAGR of 18% 6 A$m A$m 10 5 4 5 3 2 0 1H FY21 2H FY21 1H FY22 2H FY22 1H FY23 2H FY23 June 19 June 20 June 21 June 22 June 23 • Total revenue growth of 137% from 1HFY
Slide 11: Powerhouse Technology
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Slide 12: Powerhouse: The Renewable Power Trilemma Solved
POWERHOUSE: The Renewable Power Trilemma Solved Powerhouse is live in-field delivering unparalleled Reliability, Sustainability, and Affordability 100% 99.7% 15 75+ ELIMINATE OVER 75 SITE VISITS PER YEAR 100 renewable availability year fewer site visits microgrid accepted per year than 80 52 asset l
Slide 13: Powerhouse Technology − The Rollout has Begun
Powerhouse Technology − The Rollout has Begun JULY DEC APR SEP OCT 2022 2022 2023 2023 2023 Testing on Load Cutover to Live Load Commercialisation Proven Performance Preferred Technology Powerhouse installed Powerhouse now First Sale System running for over a Won global procurement onsite powering a
Slide 14: Powerhouse Financial Model Highlights
Powerhouse Financial Model Highlights POWERHOUSE – MULTIPLE REVENUE POWERHOUSE MICROGRID SYSTEM FOR OPTIONS WITH STRONG ECONOMICS A QUEENSLAND CSG WELL SITE • Delivery options: • Power Availability: 100%, continuous • Build Own Operate Maintain (BOOM) load 24/7 • Sale with long term maintenance • Po
Slide 15: Powerhouse Initial Applications − Queensland CSG
Powerhouse Initial Applications − Queensland CSG 10,986 1 AT LEAST CSG WELLS IN PRODUCTION IN = 3,300 QUEENSLAND POSSIBLE AS AT JUNE 2021 POWERHOUSE APPLICATIONS 22,000 WELLS BY 2050 1 1 – GasFields Commission, Shared Landscapes, Industry Trends Report, 2022. Assumes: 3 Well cluster per Powerhouse o
Slide 16: Powerhouse – Other Immediate Adjacent Opportunities
Powerhouse – Other Immediate Adjacent Opportunities Remote Mining Water Bores communities Operations Defence Mining Camps Global Synertec Corporation Limited (ASX:SOP) | Annual General Meeting - 2023 13
Slide 17: Formal Technology Partnership with Siemens
Formal Technology Partnership with Siemens Memorandum of Understanding (MoU) signed between Siemens and Synertec to support Powerhouse technology development and expanded market exposure • Siemens is a leading global multinational technology conglomerate • Scope of the collaboration includes: • Siem
Slide 18: Powerhouse: Live in Field and Scaling
POWERHOUSE: Live in Field and Scaling • Powerhouse is in commercial operation delivering reliable, affordable and sustainable 100% renewable power to remote sites WIN! • Zero Emissions • The operating cost savings and commercial benefits to Powerhouse customers • Improved Safety are compelling WIN!
Slide 19: Synertec: Catalysts and Investment Thesis
SYNERTEC: Catalysts and Investment Thesis Powerhouse - COMEMRCIAL VALIDATION Powerhouse - FUTURE CATALYSTS ✓ Field proven technology • Further orders from Santos and the GLNGJV ✓ Commercial validation via Santos and the GLNG JV • Orders from multiple clients ✓ Multiple orders received • Progressing
Slide 20: Contact and Head Office
Michael Carroll David Harris Managing Director | CEO Executive Director | CFO | Company Secretary M: +61 419 351 676 M: +61 434 408 668 E: michael.carroll@synertec.com.au E: david.harris@synertec.com.au Synertec Corporation Limited (ASX:SOP) | Annual General 17 Meeting - 2023 HEAD OFFICE Ground Floo