Bhagwan Marine Ltd. · ASX:BWN
Bhagwan Marine — Euroz Hartleys Rottnest Institutional Conference 2025
14 slides from Bhagwan Marine's conference presentation, Mar 11, 2025
Slide 1: Euroz Hartleys Rottnest Institutional Conference
For personal use only Euroz Hartleys Rottnest Institutional Conference 11 MARCH 2025 1
Slide 2: Important Notice and Disclaimer
I M P O RTA N T N OT I C E A N D D I S C L A I M E R Authorisation of Release: This ASX Announcement has been approved for Forward-looking statements involve inherent risks and uncertainties, both Disclaimer: Other than as required by law, neither Bhagwan nor any other release by the Managing Direct
Slide 3: Presentation Overview
Presentation Overview For personal use only 1. Company Overview 2. Larger Vessel Market 3. At the Forefront of Innovation 4. Q&A 3
Slide 4: Company Overview
For personal use only Company Overview A U S T R A L I A’ S L A R G E S T A S X L I S T E D M A RI N E S O LU T I O N S CO M PA N Y 4
Slide 5: Bhagwan Marine at a Glance
B H AG WA N M A R I N E AT A G L A N C E Supplied by fit for Operating under Bhagwan delivers purpose owned and stringent compliance and a four core services leased vessels strong safety culture For personal use only 100 C. OFFSHORE PORT SUBSEA NEARSHORE SERVICES SERVICES SERVICES SERVICES VESSELS P
Slide 6: Why Bhagwan: Key Strengths
WHY BHAGWAN KEY STRENGTHS For personal use only Founded in 2000 with extensive Founder led with a strong culture Largest listed Australian marine experience and capabilities. of service delivery and operational services company. excellence. Strong demand for services within Diversified revenue strea
Slide 7: 1H25 Financial Highlights
1H25 FINANCIAL HIGHLIGHTS STRONG CORE BUSINESS PERFORMANCE INCREASING CONTRIBUTIONS FROM GROWTH SECTORS For personal use only 154.1M 27.3M 21.0M 11.5M RECORD RECORD NET CASH FROM NET REVENUE EBITDA1 OPERATIONS DEBT2 Up 41% on 1H24 Up 32% on 1H24 Up 64% on 1H24 30 June 2024 $81.4m $109.5m $20.6m $12.
Slide 8: Record Revenue & Earnings
RECORD REVENUE & EARNINGS REVENUE UP 41% AND PRO FORMA EBITDA UP 32% ON 1H24 For personal use only • Strong trend of revenue and earnings NET REVENUE PRO FORMA EBITDA2 growth • Strong performance across all 27.3 industries and areas of operation – 154.1 notably offshore and subsea • Oil & gas decomm
Slide 9: Compelling Growth Segments
COMPELLING GROWTH SEGMENTS L EV E RAG I N G E X P E RI E N C E A N D CA PA B I L I T I E S W I T H I N CO RE B U S I N E S S For personal use only DECOMMISSIONING OFFSHORE DEFENCE MAINTENANCE LARGER VESSEL WIND MARKET 9
Slide 10: Larger Vessel Market
Larger Vessel For personal use only Market 10
Slide 11: Increasing Opportunities Within the Larger Vessel Market
INCREASING OPPORTUNITIES INTRODUCTING THE WITHIN THE LARGER VESSEL MARKET CORAL KNIGHT • Enhanced BWN profile is generating increased customer enquiries in a tight 60.5m vessel vessel market For personal use only Leased by BWN since 1 July 2025 to service offshore • Strong pipeline of opportunities
Slide 12: At the Forefront of Innovation
At the Forefront For personal use only of Innovation 12
Slide 13: Investing in the Future: 26m Inspection Vessel
INVESTING IN THE FUTURE C A S E S T U D Y: 26m inspection vessel • First vessel of this size capable of remote operation in Australia For personal use only • Vessel significantly enhances safety and reduces operational costs Remotely operated with ROV system • Commenced paid trial in 2Q25 with a lar
Slide 14: Thank you
For personal use only Thank you A U S T R A L I A’ S L A R G E S T A S X L I S T E D M A RI N E S O LU T I O N S CO M PA N Y 14
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