Slide 1: YE 2022 Annual Results & Business Outlook
YE 2022 Annual Results & Business Outlook Investor Presentation & Roadshow
Slide 2: Introduction
Introduction • Management changes • Evolving strategy under the energy transition • Identifying market opportunities • Full Year Results review • Business outlook
Slide 3: Leadership Team
Leadership Team Richard Bennett Andrew Darbyshire Chris Jepps Graham Cooley Luke Johnson Chairman Managing Director Exec. Chairman CFO COO Max Brouwers Chris Ford Sarah-Jane O’Shea Ian Spencer Tom Morris Business Development Marketing Sales Business Development Operations Director
Slide 4: The Energy Transition
The Energy Transition From fossil fuels to low-carbon and renewable energy Gas $1.1 Trillion Oil Global Investment in 2022 *BNEF
Slide 5: Finding Subsurface Resources Vital to the Energy Transition
Finding Subsurface Resources Vital to the Energy Transition
Slide 6: Delivering Green Hydrogen & Energy Storage
Delivering Green Hydrogen & Energy Storage
Slide 7: Globe | Proprietary Digital Platform
Globe | Proprietary Digital Platform 400 Million Years of Data Earth Data and Analytic Products and Services Raw Data: Gravity Supercomputer: Magnetic Plate and climatic Geo Geo AI ML Science Spatial Seismic modeling Earth Observation Computational Expert
Slide 8: Routes to Market
Routes to Market Explorers Decarbonisers Transitional Critical Renewable Hard to Abate Supply Chain Geothermal Petroleum Minerals Heat Emissions Security Energy, mining and clean technology companies that Municipalities, corporations, manufacturing and are seeking projects to develop. industrial com
Slide 9: Revenue from Explorers
Revenue from Explorers Identify, de-risk and optimise geoenergy projects Geoscience • Data Subscription Products • Software Subscription Analytic • Geoscience Services Services • Geospatial Services • Asset Management Assets • Asset Participation
Slide 10: Revenue from Decarbonisers
Revenue from Decarbonisers Unlocking the subsurface potential to decarbonise at scale • Geothermal • Carbon Capture and Storage Global Screening 1/3 • Critical Minerals • Green Hydrogen UK Top Companies Commit to Net Zero • Economic Viability Feasibility • Feasibility 2/3 • Pre-FEED/FEED S&P 500 Com
Slide 11: Case Study | Geothermal Favorability Map
Case Study | Geothermal Favorability Map 29 31 FMCG company with global 30 manufacturing sites: • 130 Global manufacturing sites 68 77 screened for geothermal and CCS 72 69 potential 78 59 27 • 33 sites located with geothermal favourability 89 67 • Proposing comprehensive feasibility 31 61 studies f
Slide 12: Annual Results YE 2022
Annual Results YE 2022
Slide 13: Business Highlights
Business Highlights Getech: Progress on Energy Transition Revenue Diversification Projects • New solutions developed to locate copper, gold, cobalt, helium and other critical minerals • $900k largest-to-date critical minerals contract, with a multi-mineral global mining company • Strategic partnersh
Slide 14: Financial Information
Financial Information Revenue Growth (£) 5.1 £5.1m 4.3 3.6 Revenue ↑ 19 % +20% +19% (£3.2m) Loss ↑ 10 % 2020 2021 2022 £4.6m Order Book ↑ 39 % Order Book (£) 4.6 £4.3m 3.3 2.7 Cash (at 31 Dec. 2022) +25% +39% £2.1m Kitson House (under offer) 2020 2021 2022
Slide 15: Revenue vs. OPEX and Investment
Revenue vs. OPEX and Investment -1.3
Slide 16: Diversification of Revenue
Diversification of Revenue 2022 2021 2020 0% 2% 11% 5% 10% 23% 90% 93% 66% Goal to achieve LSE Green Economy Mark (>50% Revenues from Renewables) Transitional Petroleum Critical Minerals Other
Slide 17: Strategic Goals
Strategic Goals Focus on technology and business growth within the energy transition sector Business Technology Explorers Decarbonisers H2 Green Cost control Increase data Fulfil orderbook and Launch products and Continuous business maintain revenue from services for development and project Sell Kit
Slide 18: Confident Outlook
Confident Outlook Cash Proprietary Clear identified Team available to geoscience growth focused on invest in data markets in the marketing, growth platform energy sales and transition delivery
Slide 19: Thank you.
Thank you. Richard Bennett, Executive Chairman. richard.bennett@getech.com