Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Clean TeQ Holdings — H1 2010 Earnings Presentation
17 slides from Sunrise Energy Metals's earnings presentation, April 2010
Slide 1: 1st Half Results Presentation 31 December 2009
1st Half Results Presentation 31 December 2009
Slide 2: Important information & disclaimer
Important information & disclaimer This presentation has been prepared by the management of Clean TeQ Holdings Limited (the ‘Company’) for the benefit of brokers, analysts and investors and not as specific advice to any particular party or person. Neither the Company, nor any of its officers, employ
Slide 3: Overview
Overview • Profitable environmental company with global opportunities using proprietary technology. • Experts at separating noxious and/or valuable elements from air, liquid and slurry streams Clean TeQ Air Mining Water “Poised for Growth” 3
Slide 4: Overview
Overview ASX Code - CLQ Shares on issue 58,702,827 Unlisted options 582,011 (strike 60 cents) Unlisted employee options 4,159,000 (strike range 17 to 60 cents) No. of shareholders 665 (approx) Market Capitalisation $22.0 m* *as at 21 April 2010 share price of 37.5 cents Substantial shareholders Boar
Slide 5: Overview
Overview • Established 1990 • Profitable for last 10 years • Portfolio of owned and licensed technologies • Commercially focussed R&D • Investment in people, skills, systems • Blue chip customer base • Projects across Australia and recently Africa and USA 5
Slide 6: Financial Performance – Profit & Loss
Financial Performance – Profit & Loss 1H 2010 30 June 1H 2009 30 June 1H 2008 $’000 2009 $’000 2008 $’000 Revenue 8,334 8,552 3,544 15,219 8,124 Revenue 135% (44%) (56%) 117% 315% Growth EBITDA 1,167 387 203 4,409 2,064 Margin 14% 4.5% 6% 29% 25% EBIT 922 (65) (17) 3,543 1,645 NPAT 733 511 225 2,924
Slide 7: Financial Performance – Balance Sheet
Financial Performance – Balance Sheet $’000 31 December 2009 30 June 2009 Cash 2,890 5,196 Other Current Assets 5,304 3,114 Intangibles 10,552 8,925 Other Non Current Assets 1,689 1,540 Total Assets 20,435 18,775 Current Liabilities 3,989 3,553 Loans & Borrowings 93 46 Non Current Liabilities 2,874
Slide 8: Financial Performance - Cash Flow
Financial Performance - Cash Flow 1H 31 Dec 30 June 1H 31 Dec 30 June 1H 31 Dec $’000 2009 2009 2008 2008 2007 Operating cash flow (594) 1,546 233 4,238 2,325 Investing cash flow (1,758) (2,912) (1,416) (1,969) (813) Financing cash flow 46 18 (6) 3,156 3,204 Net cash flow for (2,306) (1,348) (1,189)
Slide 9: Business Operations
Business Operations • Clean TeQ is focused on delivering better ways to manage nature’s valuable resources such as air, groundwater, uranium and gold • Clean TeQ is developing and commercialising technologies which are recognized as part of the cleantech sector. This investment has created: – Air Di
Slide 10: Air Division
Air Division • Established 1990, profitable over the last 15 years • Technology – Odour control (owned biological, licensed thermal) • Increase in number and size of Projects • Revenue growth of over 200% to $5.9 million for the half - year • Recently established service & maintenance division, gene
Slide 11: Air Division
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Slide 12: Mining Division
Mining Division • Developing business focussed on recovery of resources established 2002 • Resource based changes in mining: – As grades decrease technology required to extract is changing – Lower future environmental burden • Invested heavily in proprietary Clean-iX® technology. The indications for
Slide 13: Mining
Mining 13
Slide 14: Water Division
Water Division • Newest division, established 2006 • Focussed on recovery and recycling of water • Revenue growth of over 200% for the half-year including UV-Guard • Acquisition of UV-Guard (Aug 2009) – Paid 2x earnings plus earn-out – profitable and ahead of budget during the period • Division has
Slide 15: Water
Water 15
Slide 16: Outlook 3-5 years
Outlook 3-5 years • All 3 Divisions have global potential • R&D growing in $ terms but falling as % of revenue • Bolt on EPS accretive acquisitions envisaged • Plans to grow revenue and earnings significantly over next 3 – 5 years 16
Slide 17: Conclusion
Conclusion • Profitable environmental company with ambitious growth plans across all 3 Divisions in fast developing high growth global cleantech markets • Experts at separating noxious and/or valuable elements from air, liquids and slurry streams • No material debt • Continued investment in developm