Boom Logistics Ltd · ASX:BOL
Boom Logistics — FY2024 Earnings Presentation
18 slides from Boom Logistics's earnings presentation, Aug 23, 2024
Slide 1: FY24 Results Investor Presentation
For personal use only FY24 Results Investor Presentation August 2024 Ben Pieyre (CEO) | Manny Bikakis (CFO) ASX: BOL
Slide 2: Presenters and Agenda
Presenters and Agenda For personal use only 01 FY24 Highlights 02 FY24 Operational & Financial Performance 03 FY25 Strategic Outlook & Priorities Ben Pieyre Manny Bikakis Chief Executive Officer Chief Financial Officer ASX: BOL Boom Logistics FY24 Results | August 2024 2
Slide 3: Safety
Safety Positive safety culture across the business • One Lost Time Injury (LTI) in FY24 Lost Time Injuries Total Recordable Injury For personal use only • TRIFR of 3.8 per million hours worked in FY24, equal to pcp (LTI's) Frequency Rate (TRIFR) • Boom’s safety performance is a key operational metri
Slide 4: Key FY24 Highlights
Key FY24 Highlights Revenue EBITDA NPAT For personal use only $259.2m $45.9m $6.6m vs loss of ($5.2m) +26% vs FY23 +17% vs FY23 in FY23 and above FY24 guidance Gearing ratio Contract Wins Capital return 41.4% $186m c.$1.2m Strong focus on Via on-market Secured new Tier 1 debt resources and buyback f
Slide 5: Strategic Execution
Strategic Execution Boom continues to execute strategies to drive profitability and enhance shareholder returns Strategy Strategic Focus Target Executed in FY24 For personal use only Shareholder Strengthen the balance sheet and ✓ Delivered NPAT of $6.6m Value improving shareholder returns through ✓
Slide 6: Key Market Performance in FY24
Key Market Performance in FY24 Over $186m in new and renewed contracts secured in FY24 Resources +24% • New & renewed contacts included Newmont, For personal use only Glencore & key NSW/QLD customers Revenue $m Revenue by sector • Work in hand position balanced against potential impact of commodity
Slide 7: FY24 Financial Performance
For personal use only FY24 Financial Performance ASX: BOL 7
Slide 8: Improved P&L financial performance
Improved P&L financial performance Boom is driving an improvement in the quality of our earnings • Revenue +26% across all key segments For personal use only • FY24 NPAT of $6.6m, ahead of guidance and up +$11.8m on FY23 reported loss [+$5.9m up on underlying (like for like) result of $0.7m] • NPAT
Slide 9: Balance Sheet Strength & Asset Regeneration
Balance Sheet Strength & Asset Regeneration Customer demand new assets with new technology, improved safety & environment features Balance Sheet Strength Asset Regeneration For personal use only • New debt & lease financing facilities of $145m • Gross Base Capex $29.4m, with asset disposals of $12.4
Slide 10: FY25 Strategic Outlook & Priorities
For personal use only FY25 Strategic Outlook & Priorities ASX: BOL 10
Slide 11: FY25 Strategic Execution
FY25 Strategic Execution Boom continues to execute strategies to drive profitability and improve shareholder returns For personal use only Strategy Strategic Focus To be executed in FY25 Shareholder ❑ Continue to increase return on capital. Deliver $8m in NPAT Value ❑ Drive strategic margin growth ❑
Slide 12: FY25 Priorities
FY25 Priorities Execution of Boom’s strategic plan to improve returns. For personal use only Ongoing focus on improving return on capital employed and creating value for shareholders. FY25 guidance of $8m in NPAT (+21% on FY24) Execution of recent contract wins and commencement of delayed projects e
Slide 13: Appendix - Financials
For personal use only Appendix - Financials ASX: BOL 13
Slide 14: Profit and Loss
Profit and Loss For personal use only * EBIT excludes profit / (loss) on sale of assets ASX: BOL Boom Logistics FY24 Results | August 2024 14
Slide 15: Balance Sheet
Balance Sheet For personal use only ASX: BOL Boom Logistics FY24 Results | August 2024 15
Slide 16: Cash Flow
Cash Flow For personal use only ASX: BOL Boom Logistics FY24 Results | August 2024 16
Slide 17: Disclaimer
Disclaimer This presentation may contain certain forward-looking statements with respect to the financial condition, For personal use only results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by
Slide 18: For Further Information
For Further Information For personal use only Corporate Investors Manny Bikakis Craig Sainsbury Chief Financial Officer Automic Group Boom Logistics Limited (ASX: BOL) +61 3 9207 2500 +61 428 550 499 Suite B Level 1 mbikakis@boomlogistics.com.au craig.sainsbury@automicgroup.com.au 55 Southbank Boule