Light Science Technologies Holdings Plc · LSE:LST
Light Science Technologies — H1 FY2025 Earnings Presentation
25 slides from Light Science Technologies's earnings presentation, August 2025
Slide 1: FY25 Interim Results and Investor Presentation
FY25 Interim Results and Investor Pre s e n ta tio n ( AIM:LST) | Au g u s t 20 25
Slide 2: Disclaimer
DISCLAIMER IMPORTANT INFORMATION The information contained in these slides and this presentation is being supplied to you by Light Science Technologies Holdin gs plc (the “Company”) solely for your information. For the purposes of this disclaimer references to the “Presentation” shall m ean and incl
Slide 3: Presenters
Light Science Technologies Holdings PLC Group Presenters Chief Executive Officer Chief Financial Officer / Company Secretary Light Science Technologies Holdings Plc Industry experts providing technologies in 3 key growth market sectors: • AgTech (AGT) • Contract Electronics Manufacturing (CEM) • Pas
Slide 4: Light Science Technologies Holdings PLC Group
Light Science Technologies Holdings PLC Group 30.3% 3
Slide 5: Group highlights
Light Science Technologies Holdings PLC Group Group highlights 36.3% £5.1m >£58m HY25 Gro ss Pro fit HY25 Revenue Ma rgin Cu rre n t Gro u p (£5.2m HY24) Up fro m 26.6% q u o te d sa le s p ip e lin e (HY24) £279K £163K c.£1.8m HY25 Ne t lo ss b e fo re Ca sh a n d u n d ra wn HY25 EBITDA* u p fu n
Slide 6: Global trends driving the Group
Light Science Technologies Holdings PLC Group Global trends driving the Group Food Security UK Manufacturing Growing population Advances in technology Extreme weather Government / legislation 5
Slide 7: Combined market opportunity
Light Science Technologies Holdings PLC Group Combined market opportunity AgTech Global Market focus £12.7 Billion* LED Grow lights: £9.1bn ⌂ (2030); CAGR of 28.2% (2021-2030) Agricultural sensors: £3.6b n ⌂⌂ (2032); CAGR of 11.3% (2024-2032) Passive Fire Protection Market £50 Billion** Up to £50 b
Slide 8: AgTech division (AGT)
AgTech AgTech division (AGT) Global market focus £12.7bn * Climate change and extreme weather is having a huge impact on farming globally, resulting in crops being destroyed and impacting food supply chains. It is becoming harder to grow using traditional methods. Food security is key for Passive Fi
Slide 9: What does the AgTech division do?
AgTech What does the AgTech division do? Current quoted sales pipeline: in excess of £34m • 2 companies with over 35 years’ experience Turnkey solution in smart technology: • nurturGROW tuneable lighting - Enables growers to create an optimal recipe of light • Environmental control systems with dedi
Slide 10: Digital agriculture transformation
AgTech Digital agriculture transformation Flagship product of the future. Leverages soil and crop science through quality data, driving sustainable agriculture. Enhancing crop yields, monitoring the environment We b Ap p . Cu sto m e r Realtime lo gin to vie w re a l-tim e a n d h isto rica l d a ta
Slide 11: AgTech: Commercial Update
AgTech AgTech : Commercial Update Global Partnerships • Global focus: Americas, Middle East, South Africa and Europe • Signed partnership agreement with Agrolux Nederlands B.V. (part of the US-listed Scotts Miracle -Gro group) for exclusive distribution of their LED lighting products in the UK and R
Slide 12: Commercial strategy and potential product developments
AgTech Commercial strategy and potential product developments Brown box product potential developments - • sensorGROW® All-in-One Bundle – ready -to -use, off -the -shelf kit with seamless integration, rapid installation, and software -enabled recurring revenue model • Ready to use off the shelf lig
Slide 13: Contract Electronics Manufacturing Division (CEM)
Contract Electronics Manufacturing Contract Electronics Manufacturing Division (CEM) UK potential market size £21bn *(2030) Technology has greatly advanced over the years. We now have smart watches on our wrists and cars that drive themselves . All of these innovations require inbuilt electronic cir
Slide 14: Division overview
Contract Electronics Manufacturing Division overview • Over 25 years’ experience • Return to UK manufacturing (on shoring) • Fast turnaround, high quality and volume manufacturing • Turnkey solution for our clients, from design to finished product • Accredited provider • Manufactures technology for
Slide 15: Markets | Clients
Contract Electronics Manufacturing Markets | Clients Pest Control Automotive Marine Ligh tin g Sports Entertaniment Audio Gas Safety HVAC & Building Medical Systems Control Own in -house manufacturing, selling into a range of markets including AgTech, which de -risks the Group. 14
Slide 16: Commercial Strategy: Progress to defence and healthcare accreditations
Contract Electronics Manufacturing Commercial Strategy: Progress to defence and healthcare accreditations Being ‘De fe n ce re a d y’ in p re p a ra tion for th e Gove rn m e n t in cre a se in sp e n d in g Key accreditations Make UK Defence membership Workin g towa rd s a ch ie vin g th e followin
Slide 17: Passive Fire Protection Division (PFP)
Passive Fire Protection Passive Fire Protection Division (PFP) Up to £50bn potential market opportunity* Recent catastrophic fire events in the UK have highlighted safety issues in tall buildings . This resulted in the UK Government legislating under the Fire Safety Act 2022 and the Building Safety
Slide 18: What it does
Passive Fire Protection What it does Our divisio n is the first approved independant installer of the patented Injectaclad solution . Injectaclad is a cost effective way to remediate tall buildings . Rather than removing the external facade, the system can be injected into a building’s cavity saving
Slide 19: Highlights | Overview
Passive Fire Protection Highlights | Overview • Revenue £1.0m HY25 up from £0.3m in HY24 • Current quoted pipeline: c.£24m • Cash generative and strong margins • Driven by Fire Safety Act 2021 & Building Safety Act 2022 • £6bn Government -led pledge to assist with national remediation works (£1.1bn
Slide 20: Commercial strategy and potential system developments
Passive Fire Protection Commercial strategy and potential system developments • Partner with blue -chip companies with their portfolios of properties, securing future work and providing increased visibility • Partner with architects and fire engineers to become specified • CPD events to broaden the
Slide 21: Group revenue and gross profit
Light Science Technologies Holdings PLC Group Group revenue and gross profit YoY% c.29.0 For the unaudited Interim Period ending 31 May 2025 YoY% YoY13.8 (-2.7%) Revenue YoY% YoY 10.5 19.3% • Year-on-year Group revenue marginally reduced by 2.7%, reflecting rebalancing of divisional sales mix and fo
Slide 22: Group EBITDA & net loss before tax
Light Science Technologies Holdings PLC Group Group EBITDA* & net loss before tax For th e u n a u d ite d In te rim Pe riod e n d in g 31 Ma y 2025 EBITDA* EBITDA £M • Continued tight overhead cost control in all divisions and holding company Group EBITDA* (£,000) (494) 28 279 932 • Year-on-year Gr
Slide 23: Group Balance sheet
Light Science Technologies Holdings PLC Group Group Balance sheet £,000 31/05/23 31/05/24 31/05/25 30/11/24 Goodwill and Acquisition Intangible Assets** - 1,375 1,279 1,327 Development Assets** 836 1,162 1,167 1,127 Continued investment and stabilised inventories Non -current Assets 1,278 1,211 1,15
Slide 24: Investment case
Light Science Technologies Holdings PLC Group Investment case • Re-balancing of divisional sales mix: significantly higher gross profit margins achieved, increasing year -on-year from 26.6% in HY24 to 36.3% in HY25 • Year-on-year Interim EBITDA* grew nearly tenfold • >£58m current combined Group quo
Slide 25: Questions | Thank you
Questions | Thank you www.lightsciencetechnologiesholdings.com
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