Energy One Limited · ASX:EOL
Energy One — H1 2016 Earnings Presentation
20 slides from Energy One's earnings presentation, Feb 12, 2016
Slide 1: 2016 Half-year results presentation
For personal use only 2016 Half-year results presentation 1
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by Energy One Limited (EOL) and comprises written materials and slides for a presentation concerning EOL. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, se
Slide 3: Contents
Contents For personal use only Results summary 4 Results highlights 5 Financials 8 Market outlook 14 Company outlook 19 3
Slide 4: Results summary
Results summary For personal use only 31 Dec 15 31 Dec 14 Change Revenue $2,771,962 $2,774,437 - 0% EBITDA $752,938 $650,970 16% NPBT $435,931 $391,377 11% NPAT $179,893 $513,060 (65%) NTA / share (cents) 13.11 11.69 12% Cash and restricted cash $2,407,938 $1,837,309 31% 4
Slide 5: Results highlights – solid operational gains in the first half
Results highlights – solid operational gains in the first half For personal use only Another strong operational result for the six months to 31 December 2015. EBITDA is up 16% and Net Profit Before Tax is up 11% over the previous corresponding period. Net Profit After Tax declined by 65% because the
Slide 6: EBITDA margin and recurring revenues are increasing with a new project about to commence
EBITDA margin and recurring revenues are increasing with a new For personal use only project about to commence Operating revenues from core operations was $2.4M for this half ($1.47M were recurring revenues, or 61% of total). The modest rise in operating revenues over the previous corresponding peri
Slide 7: Company summary
Company summary For personal use only Company metric Substantial shareholders Share price (11/2/16) 38 cents Mr Ian Ferrier 36.5% Share price 52 week 45 cents Mr Vaughan Busby 20.3% high Mr Ottmar Weiss 5.4% Share price 52 week low 31 cents Mrs Emma Jane Gracey 5.2% Shares on Issue 18,519,876 Market
Slide 8: Income statement
Income statement For personal use only $’000 2013 2014 2015 FH 16 Revenue 1,844 2,848 4,768 2,404 Flat due to timing of projects Other revenue 601 606 782 368 R&D grant & interest Direct project related costs (30) (56) (33) (21) Employee benefits expense (1,459) (1,713) (3,003) (1,381) Reduced due t
Slide 9: Balance sheet
Balance sheet For personal use only $’000 2013 20134 2015 FH 16 Cash and cash equivalents 1,721 1,398 1,983 2,077 Trade and other receivables 835 2,190 2,319 1,987 Total Current Assets 2,585 3,624 4,344 4,108 Plant and equipment 147 96 64 554 Relocation of head office Intangible assets 1,828 2,030 2
Slide 10: The Company continues to grow
The Company continues to grow For personal use only $6,000,000 Half-year result $5,000,000 $4,000,000 Net assets $3,000,000 Net tangible assets $2,000,000 $1,000,000 $- 2013 2014 2015 1H16 10
Slide 11: With recurring revenue increasing
With recurring revenue increasing For personal use only $3,000,000 $2,500,000 $2,000,000 Operating Revenue $1,500,000 Recurring revenue $1,000,000 $500,000 $0 1H15 2H15 1H16 11
Slide 12: …and a solid first half EBITDA
…and a solid first half EBITDA For personal use only $1,500,000 Half-year result $1,000,000 $500,000 $- 2012 2013 2014 2015 1H16 $(500,000) $(1,000,000) 12
Slide 13: Our blue chip customer list includes:
Our blue chip customer list includes: For personal use only 13
Slide 14: Market outlook
Market outlook For personal use only Interest in gas/oil trading rising We are seeing more activity in gas/oil markets due to changes brought about by such forces as: • export LNG coming on-line • market rule changes and adjustments by regulators in Aus/NZ Renewable energy impacts the market The
Slide 15: Our cloud offering is perfect for wind farms and large corporates
Our cloud offering is perfect for wind farms and large corporates For personal use only Works for customers… • Convenient No need for IT infrastructure Software ‘in the cloud’ • Cost effective Software-as-a-Service licensing Only pay for what you use Works for Energy One too… • Aimed at smal
Slide 16: With LNG trains coming into production…
With LNG trains coming into production… For personal use only 16
Slide 17: We are seeing increased interest in our gas/oil trading system
We are seeing increased interest in our gas/oil trading system For personal use only The gas markets continue to become more complicated as they evolve and change. This brings new opportunity for the Company: • With LNG contracts often being linked to international oil prices, our gas trading system
Slide 18: Company outlook and focus
Company outlook and focus For personal use only Focus on continuing to grow domestic sales We have a healthy pipeline of opportunities. We have projects in development and pending. We are positioned to leverage our resources to grow local recurring revenues streams. Explore other geographies and
Slide 19: A positive outlook for the second half
A positive outlook for the second half For personal use only We enter 2016 with a large project pending, another one in development and additional medium-sized and ongoing opportunities in the short-term pipeline. The Company will continue to develop our products and services to meet the demands of
Slide 20: For personal use only
For personal use only Mr Shaun Ankers - CEO and Managing Director Email: enquiries@energyone.com.au Level 13, 77 Pacific Highway North Sydney NSW 2060 20