Slide 1: EGL Investor Presentation 1H22 Financial Results
EGL Investor Presentation 1H22 Financial Results February 2022 Presentation should be read in conjunction with the Interim Report 31 December 2021
Slide 2: Disclaimer
Disclaimer EGL advises that these presentation slides contain forward looking statements which may be subject to significant uncertainties outside of EGL’s control. No representation is made as to the accuracy or reliability of forward- looking statements or the assumptions on which they are based.
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Slide 4: 1HFY22 Financial Results
1HFY22 Financial Results Statutory $26.8M 11.5% $1.8M Total Revenue up Increase in Revenue EBITDA – after $2.8M on 1HFY21 on 1HFY21 significant items of $209K up 28.3% on 1HFY21 $1.2M $0.8M $4.5M EBIT – after NPAT – after Improved balance significant items up significant items up with successful 49.
Slide 5: 1HFY22 Financial Results
1HFY22 Financial Results Underlying $2.0M $1.4M 247% EBITDA before EBIT before Increase in the significant items of FX significant items, FX share price from 30 losses $142K & share movements are non June as at 31 Dec based exp $78K cash adjustments 2021 $1.9M $5.4M $3.7M Reduction in loans Net Asse
Slide 6: 1HFY22 Financial Results commentary
1HFY22 Revenue Revenue increased by 11.5% on the prior comparable period Financial Results (pcp) with Tomlinson up 25.7% on the pcp as trading started returning to normal in the COVID-19 environment. Baltec commentary $26.8M revenue was down 11% on pcp with a strong order book and work on hand, whil
Slide 7: 1HFY22 Financial Results commentary
1HFY22 NPAT Financial Results Net Profit after tax attributable to shareholders up 244%, with improved discipline on margin and tight corporate cost commentary $0.8M management. Capital Raise A successful capital raise was undertaken for $4.55M after costs with strong demand from institutional inves
Slide 8: Board & Management
Board & Management 01 02 03 04 Appointment of CEO – Jason Appointment of three Andrew Bush – CFO Appointment of National Dixon. 10 years executive independent directors Corporate costs well Sales & Marketing Manager- experience at Tox Free completed managed over the last 12 Paul Gaskett. 14 years So
Slide 9: Board & Management
Board & Management 05 06 07 08 Peter Rankin –responsible for Aldo Giachero – 15 years Charles Borg – 30 years Brenda Borghouts to join the Tomlinson Energy Services experience in emissions experience in the Gas senior management team since Acquisition in 2019 control systems Turbine market responsib
Slide 10: Operating Units
Operating Units 1 The Envonmertal Group Lied
Slide 11: Baltec Inlet and Exhaust Systems
01 Baltec Inlet and Exhaust Systems 11
Slide 12: Baltec IES
Baltec IES supports the gas turbine industry in Revenue its role in assisting the transition from coal- powered to renewable energy production 1H22 $10.0M including Green Hydrogen. Tailoring products and custom designs specifically to meet 1H21 $11.3M clients’ requirements: Down 11% Key offering •Tu
Slide 13: 1H 2022 Results Commentary
1H 2022 RESULTS COMMENTARY. • Charles Borg appointed as General Manager of Baltec during the half with a margin & process focus. • Tender & risk review process completed prior to any submission to client. • Sales remained strong in the December quarter with good order intake. • Secured a major intak
Slide 14: Key Products
Key Products Diverter Inlet Filter Dampers Houses Silencers Bypass and HRSG Guillotine Heating and Exhaust Stacks Dampers Cooling Systems 14
Slide 15: Tomlinson Energy Service
02 Tomlinson Energy Service 15
Slide 16: Tomlinson Energy Service
Tomlinson Energy Service (TES) offers a Revenue network of service offices across Australia providing 24/7 service, maintenance and 1H22 $13.0M repairs of both proprietary equipment and other OEM equipment. 1H21 $10.3M Up 26% Key Offering • Sale and Installation of cost-effective boilers EBITDA desi
Slide 17: 1H 2022 Results Commentary
1H 2022 RESULTS COMMENTARY • Revenue increased 26% on prior corresponding period despite the on-going COVID19 pandemic, reflecting the essential nature of our services. • EBITDA & EBIT improved significantly as the level of work returned to pre-pandemic levels. • Post the end of the financial year T
Slide 18: Key Products
Key Products Industrial Industrial Large Commercial Steam Boilers Package Burners Hot Water Boilers Thermal Oil Biomass Steam and Heaters Hot Water Generation 18
Slide 19: Total Air Pollution Control
03 Total Air Pollution Control 19
Slide 20: Total Air Pollution Control revenue and EBIT
Revenue 1H22 $3.54M TAPC designs, manufactures 1H21 $2.23M and services flue gas treatment systems which prevent harmful contaminants being Up 59% discharged into the atmosphere. EBIT Key offering 1H22 $0.53M • Scrubbers including dry and wet for the removal 1H21 $0.53M of particulates and gaseous c
Slide 21: 1H 2022 Results Commentary
1H 2022 RESULTS COMMENTARY • In the pcp a single large engineering only project with no supply portion, which skewed margins higher in that period. Excluding this project, EBITDA was up 94.4%. • In line with the organic growth strategy, sales substantially increased in both Parts & Services and Proj
Slide 22: Key Products
Key Products Dry Wet Electrostatic Scrubber Scrubber Precipitators Fabric Filters Aeromixes Flue-Gas (Baghouse) & Cyclones Desulphurisation 22
Slide 23: EGL Water
04 EGL Water 23
Slide 24: EGL Water patented technology for PFAS removal
EGL Water division has an enhanced patented technology designed to protect our environment through the removal of Per- and polyfluoroalkyl chemical substances (PFAS) from contaminated water. • PFAS was primarily used in aircraft fire fighting as a fire retardant however its use expanded into plastic
Slide 25: 1H 2022 Commentary
1H 2022 COMMENTARY • EGL’s foam fractionation technology has demonstrated outstanding results in commercial trials, successfully separating and removing PFAS from liquid waste streams up to 41.5ppb • Consistent results demonstrated with regulated PFAS separated and removed to levels below detection
Slide 26: EGL Waste – Turmec Agency agreement
EGL Waste – 04 Turmec Agency agreement 26
Slide 27: 1H 2022 Commentary
1H 2022 COMMENTARY • EGL has spent the last nine months building the Turmec brand recognition with potential clients in Australia and building product awareness. Customer response has been positive to the product and service quality. • Post the end of the half year a major milestone has been achieve
Slide 28: Forward Outlook
03 Forward Outlook 28
Slide 29: Forward Outlook
Forward Outlook 01 02 03 04 Tomlinson will have Baltec & TAPC are expected EGL – Turmec Agency The EGL Water, PFAS stronger year if COVID19 to deliver improved results agreement delivers a new successful commercial trial restrictions continue to on 1H2022 avenue for growth with a world may lead to a
Slide 30: EGL outlook continued
EGL outlook continued • EGL has delivered improved earnings in the first half and expect it to continue for the full year, subject to the impact of COVID-19 which is unknown at this stage. • With the strong first half we expect EBITDA to increase by over 15% year on year after significant items*. •
Slide 31: Questions?
Questions? 31
Slide 32: Head Office
HEAD OFFICE Level 1, Suite 1 10 Ferntree Place Disclaimer Notting Hill EGL advises that these presentation slides contain forward looking statements which may be Victoria 3168 subject to significant uncertainties outside of EGL’s control. No representation is made as to the Phone: 03 9763 6711 accur