Slide 1: AVADA Group Limited HY22 Results
AVADA Group Limited HY22 Results 28 February 2022
Slide 2: Important notice and disclaimer
Important notice and disclaimer This document dated 28 February 2022 has been prepared by AVADA Group Limited (ACN 648 988 783) (the Company) and is provided for information purposes only. It contains summary information about the Company and its activities and is current as at the date of this docu
Slide 3: Presenting today
Presenting today Lance Hockridge Dan Crowley Paul Fitton NON-EXECUTIVE MANAGING DIRECTOR C F O & C O M PAN Y CHAIRMAN & CEO S E C R E TARY AVADA Group Limited – HY22 Results Page 3
Slide 4: Agenda
Agenda Overview Financials Business outlook Q&A Appendix AVADA Group Limited – HY22 Results Page 4
Slide 5: Overview
01 Overview
Slide 6: H122 at a glance
H122 at a glance Operational and financial highlights COMPLETION OF PRO FORMA PRO FORMA CONTINUING TO ACQUISITIONS AND SECURE KEY LISTING ON ASX REVENUE EBITDA CONTRACT WINS $69.2M $7.4M AND EXTENSIONS C U R R E N T R U N R AT E ONGOING GROWING THE AND PIPELINE AVA D A R E A F F I R M S FLEET AND TE
Slide 7: Business highlights
Business highlights A PLATFORM FOR SOLID RETURNS & GROWTH OPPORTUNITY Recurring and repeatable revenue from delivery of mandatory and essential services Essential Strong infrastructure tailwinds provider to the government, civil Track record of delivering organic growth and services and expansion in
Slide 8: An overview of AVADA and traffic management
An overview of AVADA and traffic management Traffic Management Services Traffic plan designing and Site inspections/surveys, safety/risk audits, traffic permit services management plans developed using industry software, etc. ` Managing road diversions/detours, road/lane/tunnel closures, Onsite traf
Slide 9: Financials
02 Financials
Slide 10: Financial performance summary
Financial performance summary Pro forma summary income statement GROSS PROFIT & GROSS MARGIN #039;000s FY19A FY20A FY21A H122A FY22F 40 26% Millions Revenue - organic 93,703 107,230 116,959 64,532 132,143 30 24% Revenue from acquisitions - - - 4,717 14,488 Revenue (incl. other income) 93,703 107,230 11
Slide 11: Financial performance summary
Financial performance summary TRAFFIC CONTROLLERS CUSTOMER CATEGORIES (H122A) 1600 1400 1200 1000 FY21A H122A TCs VEHICLES Civil Utilities Government Other 1000 800 600 400 200 0 FY19A FY20A FY21A H122A FY22F Owned Leased Investment in fleet and recruitment gives increased vehicles and Over 50% of r
Slide 12: Pro forma income statement
Pro forma income statement FY19A, FY20A, FY21A and FY22F are as presented in the AVADA #039;000s FY19A FY20A FY21A H122A FY22F Group Limited Prospectus Revenue - Organic 93,703 107,230 116,959 64,532 132,143 Revenue - Acquisitions - - - 4,717 14,488 H122A has been prepared on a pro forma basis, consist
Slide 13: Balance sheet
Balance sheet Pro forma Jun-21 is as presented in the Prospectus and was prepared on a pro forma basis to reflect the 000s Jun-21 Dec-21 impact of the acquisitions and listing as at 30 June 20201 . Dec-21 reflects the reported balance Current Assets sheet, extracted from the AVADA Group Limited half
Slide 14: Business outlook
03 Business outlook
Slide 15: Performance and growth strategies
Performance and growth strategies Synergies People and Assets Insurers engaged to implement group wide coverage Dedicated recruitment and training manager Fuel supply negotiations on a group wide basis Proven recruitment and training strategy (90 new team members recruited and trained in the past th
Slide 16: Customer contracts - wins and completions
Customer contracts - wins and completions Queensland New South Wales Roadtek extension – 12 months Mackay Regional Council Lendlease - Maintenance FKG – Rolleston Boral Ashphalt Koppens Construction - Cairns Ventia - SRAPC Wins Fulton Hogan - Townsville Carpentaria Shire Council Coffey Geotechnic –
Slide 17: A history of delivering revenue growth and margin improvement
A history of delivering revenue growth and margin improvement REVENUE GROWTH - FY GM % * 30% 200,000 20% 150,000 100,000 10% 50,000 0% - FY19A FY20A FY21A H122A FY22F FY19A FY20A FY21A FY22A Gross margin Organic Acquisitions * Excludes other income REVENUE GROWTH - HY EBITDA % 80,000 20% 60,000 15%
Slide 18: Trading update & business outlook
Trading update & Expected continued revenue growth in H222 business outlook Recruitment of over 90 traffic controllers in the past three months, with these recruitment initiatives to be expanded across the Group to support revenue growth Investment in fleet for a stronger asset base at Dec-21 to del
Slide 19: Q&A
04 Q&A
Slide 20: Appendix
A Appendix
Slide 21: Pro forma reconciliation
Pro forma reconciliation Pro forma adjustments (2) Public Costs Pre acquisition company Management Related party associated Founder Normalisation H122A #039;000s H122 Actual trading costs remuneration arrangements with the offer shares Amortisation adjustments Pro forma (a) (b) (c) (c) (c) (c) (c) (d)
Slide 22: Pro forma reconciliation
Pro forma reconciliation (a) Reported financial information for AVADA Group Limited for the six months ended 31 December 2021 (b) Adjustment to reflect the financial results of the subsidiaries for the period 1 July 2021 to 15 December 2021 (c) Pro forma adjustments are consistent with adjustments 1
Slide 23: Contact Us
Contact Us Avada Group Limited ABN 57 648 988 783 c/o Kern Group Level 22 / 300 Queen Street Brisbane QLD 4000 T 1300 321 995 E contact@avadagroup.com.au avadagroup.com.au
Slide 24: avadagroup.com.au
avadagroup.com.au ABN 57 648 988 783