Slide 1: FY21 Results Presentation
Energy Technologies Limited (ASX:EGY) A specialised cable & wires manufacturer FY21 Results Presentation supplying the high value infrastructure sector August 2021 1
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Energy Technologies Limited (EGY or the Although the Company believes that the expectations reflected in the forward looking Company). It should not be considered as an offer or invitation to subscribe for, or statements included i
Slide 3: Historical Operating Results
Historical Operating Results Energy Technologies - Profit & Loss (A#039;000, unless indicated) FY21 FY20 Variation Sales revenue 9,428 10,058 -7.00% • Sales down YOY but strengthened in the last quarter due to sharp increase in June as a result of working cap restructuring COS (6,794) (7,642) 2,634 2,4
Slide 4: Balance Sheet
Balance Sheet Energy Technologies – Balance Sheet (FY18 – 1H FY20) (A#039;000, unless indicated) FY21 FY20 Assets Cash 123 27 Trade and other Receivables 4,303 4,188 2.75% Inventory 3,963 2,327 70.31% Other 546 358 8,941 6,900 PP&E 12,113 12,871 Deferred Tax 217 229 Right of Use Asset 3,156 3,876 Intan
Slide 5: Strategic Plan
Strategic Plan Corporate Operational Management control Management Re-structure - Improved financial Finance •- Identify efficient Control Costs reporting systems to work descriptions Board - New stance away Short term with critical KPI’s - Centralise Automation - Improved Board from debt •- Expand
Slide 6: Why EGY?
Why EGY? Specialised branded cables targeting ~38% gross margin (not commoditised) Considerable ‘know how’ & IP for new and custom product development Australian designed & manufactured (fast turnaround, high standards) using locally sourced input materials Capitalisation allows Rosedale, VIC the ca
Slide 7: Company Capability
\ AY ; Company Capability enercy
Slide 8: Bambach Wire and Cables
Bambach Wire and Cables Bambach Wire and Cables manufactures low voltage industrial and specialised copper cables Founded in 1936 and is the oldest existing Australian cable manufacturer and 100% owned by Energy Technologies since 2012 Factory in Rosedale, VIC capable of processing up to 250 tonnes
Slide 9: High Value Industry Focus
High Value Industry Focus Provision of specialised and customised cables and wires for large scale projects >$400m in annual demand in addressable market from target sectors plus $60m from bespoke cable projects in the short to medium term Mining Defence Road and Traffic $60m in cables pa $130m in c
Slide 10: Top Tier Client List
Top Tier Client List Supplying some of the world’s largest companies. Many relationships established in last two years with opportunity to grow revenue. Rail Rail Road & Traffic Other Defence 10
Slide 11: Revenue Mix and Uplift Potential
Revenue Mix and Uplift Potential Revenue mix by industry 12 Month Target Other 10.9% Revenue Goal Market (Low Current Run Rate Voltage) Size Made to Order 10.9% Rail $5.1m $5.7m $60m-$80m Mining $400k $6m $600m ~$9.6m Rail Road $300k $4.2m $60m 55.7% Average revenue Defence $350k $5.7m $60m Power &
Slide 12: Primed for New Growth
Primed for New Growth Rosedale, VIC Factory • Large factory with high throughput Large machines can process Capacity • Expansion to ~250 tonnes of copper wire cable / 200-250 tonnes of copper per month + located next to rail line month Revenue • Significant capacity to increase revenue • Expansion i
Slide 13: Strategic Advantage
Strategic Advantage Specialised Cables Asian-sourced Cables Eu-sourced Cables High value & margin industries Approved for specific projects Turnaround times for custom product ~4 weeks ~8-12 weeks >12 weeks Custom manufacturing capability Knowledge & process advantage Sales channels developed Suitab
Slide 14: Client Lifecycle
Client Lifecycle Approval & Quote & Order & Repeat Product creation Standards Proposal Delivery Orders • R&D and custom • ISO AS/NZS • Significant • Receive order • Repeat sales to production of 9001:2015 inbound enquiry • Fulfil from organisations that new product lines standards • Dedicated sales
Slide 15: Market Opportunity
SSA | : Market Opportunity enercy * TECHNOLOG/IeS‘”
Slide 16: Significant Market Opportunity $3.3B
Significant Market Opportunity Fulfil existing Market Size (2020) demand from heavy industries Generate new Imported demand from Domestic adjacent markets cable and wires $1.8B $3.3B production $1.5B and export 55% Revenue 45% (2019) Of the $3.3bn cables industry, sub-industries Develop new in- are
Slide 17: Market Tailwinds
Market Tailwinds Significant infrastructure Increased focus on Push to procure products spend over mid term defence and rail domestically post COVID-19 • Major Federal and State Govt • ~$200 billion in defence spend • Require high Australian standards spend planned (~$110 billion) over planned • Fed
Slide 18: Australian Made Advantages
Australian Made Advantages Made in Quicker Weaker AUD Satisfies local Australian Leverage post- Australia with turnaround for makes pricing procurement and Standards and COVID environment ~92% production comparable to Australian Industry Type for insourced composition of (4 weeks vs ~8-12 imported G
Slide 19: Appendices
SSA : Appendices enercy * TECHNOLOG/IeS‘”
Slide 20: EGY Corporate Overview
EGY Corporate Overview Key Metrics Share Price ($) Board of Directors Shares on issue (m) 172.2 12 month high 0.18 Brian Jamieson Mr. Jamieson has over 40 years’ experience in the advisory, manufacturing, resources and Non- Executive Chairman technology industries in Australia and offshore. Mr. Jami
Slide 21: Appendix: Key Risks
Appendix: Key Risks Risk Risk Management Demand Risk • The target industries are varied and demand can be affected in numerous ways, not the least Covid related, Government and Defence spending, Construction industry, Private infrastructure and lack of confidence in delivery and pricing. Capacity Ri
Slide 22: Energy Technologies / Bambach
enerecy ~ «+ Bambach TECHNOLOG/esS*” 4 ausTAALUN ADVANCED CABLE MANUFACTURERS