Laserbond Limited · ASX:LBL
Laserbond — Investor Presentation (March 2025)
29 slides from Laserbond's investor presentation, Mar 11, 2025
Slide 1: Investor Presentation March 2025
For personal use only Investor Presentation March 2025 ASX: LBL Wayne Hooper, CEO Matthew Twist, CFO
Slide 2: Investment Rationale / Business Overview
For personal use only Investment Business Overview Half-Year Results Strategy Appendices Rationale
Slide 3: Surface Engineering Leaders
SURFACE ENGINEERING LEADERS • Specialists in advanced surface engineering with over 32 years experience in R&D and application of high- For personal use only performance wear and corrosion resistant materials, including 24 years in laser cladding. • Manufactures, repairs, reclaims and enhances the p
Slide 4: Business Segments
BUSINESS SEGMENTS For personal use only Features The application of a range of We develop and manufacture an Much of our surface engineering Capital-intensive industries rely on surface engineering techniques for exclusive range of surface technology and processes have plant and equipment preforming
Slide 5: Commitment to Sustainability
COMMITMENT TO SUSTAINABILITY Don’t Scrap It; LaserBond It! Certifications For personal use only • LaserBond has JAS-ANZ Through surface engineering, we remanufacture worn components to deliver Certification for its accredited performance and longer life, in most cases better than that of the origina
Slide 6: Innovation
INNOVATION • Research, design and manufacture specialised • Collaborative R&D relationships supporting the technology, products and solutions to provide development and validation of technologies, materials For personal use only improved surface life in challenging conditions, and solutions, includi
Slide 7: Half Year Results
For personal use only Investment Business Overview Half Year Results Strategy Appendices Rationale
Slide 8: Group Financial Performance
GROUP FINANCIAL PERFORMANCE Note: Investment Costs (People & Capabilities) account for $1.78 M additional costs in 1H25 Half year ended 31 Dec 1H25 % change 1H24 Revenue from continuing operations $20.30M Up 0.0% from $20.28M For personal use only EBITDA $3.30M Down 21.4% from $4.20m EBIT $1.74M Dow
Slide 9: Key Points
KEY POINTS Revenue Performance: in line with AGM guidance. For personal use only Strategic Investments: increased costs by $1.78 million, focused on: Expanded senior leadership, under guidance from and supporting the CEO, transforming the business to deliver on strategic objectives; Driving
Slide 10: Services Segment
SERVICES SEGMENT While group profitability has dropped due to Services Revenue ($m) Services EBITDA ($m) For personal use only foundational investment, our core services division 13.07 remains strong. 3.43 12.20 3.04 2.99 3.10 10.95 11.19 7.92 9.69 16.8% revenue growth on p.c.p. 2.33 2.06 5.45 6.1
Slide 11: Products Segment
PRODUCTS SEGMENT Note: The Products and Services division share resources. General overhead costs are proportioned between segments after direct costs are allocated to the segments. Products Revenue ($m) The Products division has been impacted by external market conditions Orders Received – OEM 1
Slide 12: Technology Segment
TECHNOLOGY SEGMENT Market-Ready Modular Designs Tech Revenue ($’000s) For personal use only Tech EBITDA ($m) With the LaserBond® modular cladding cell designs completed in 2H24, 1,948 our first cell was built and tested during 1H25. 544 1,624 This first cell will become productive 4Q25 with the
Slide 13: 2H25 Guidance
2H25 GUIDANCE Note: Revenue estimates exclude Gateway Group (40% stake acquired 1H24), as its accounts are not consolidated. The benefits of our planned investment has become evident during 1H25, producing the For personal use only Revenue: $22.1 to $25.1 million following results: 25.1 Increase
Slide 14: Strategy
For personal use only Half-Year Investment Business Overview Strategy Appendices Performance Rationale
Slide 15: Core Strategic Pillars
CORE STRATEGIC PILLARS LaserBond has substantial opportunities, driving strategic actions to capture value. Our For personal use only strategy focuses on global expansion and innovation to sustain market leadership and growth. � Geographic Expansion � Innovation Push existing and new products into
Slide 16: Geographic Expansion
GEOGRAPHIC EXPANSION Continued Expansion To North America and larger facilities in Queensland to support customer needs. For personal use only 1H25 US visits expanding opportunities with multiple existing customers, with on-site visits to several potential acquisitions, supporting validation of
Slide 17: Investment in the Gateway Group, Perth WA
INVESTMENT IN THE GATEWAY GROUP, PERTH WA Gateway’s Strong Management Team, Client Base, Services, & Track Record For personal use only + LaserBond’s Proprietary Surface Engineering Tech = Growth & Up-Selling Synergies Gateway offers refurbished components, including hydraulic cylinders, This al
Slide 18: Capacity & Capability
CAPACITY & CAPABILITY Successful Quick Response Team Launch in Queensland For personal use only Drive organic growth Customer’s prioritise quick turnaround to keep equipment running. Many choose faster lead times over superior solutions. with quick response FY25 Strategy: Establish Quick Respons
Slide 19: Wind Turbine Reclamation
WIND TURBINE RECLAMATION Installed wind turbine capacity in Australia has grown from For personal use only near zero in 2000 to over 11GW after accelerating over the last 5 years. This acceleration will continue as Australia strives to reach net zero emissions. (Installed capacity is projected to be
Slide 20: Composite Carbide Long Life Steel Mill Rolls
COMPOSITE CARBIDE LONG LIFE STEEL MILL ROLLS PROVEN PERFORMANCE IN LARGE MARKETS COST BENEFIT ANALYSIS (TABLE ROLLS) For personal use only LaserBond has proven the performance and developed a significant business in rolls for the steel industry in North America and other parts of the world. Roll
Slide 21: Pumps in Desalination Plants
PUMPS IN DESALINATION PLANTS Corroded super duplex pump casing: A HIGHLY CORROSIVE ENVIRONMENT For personal use only Moving liquids with high corrosivity requires a highly- alloyed corrosion-resistant materials for all components. Super-Duplex stainless steel (SAF 2507) is commonly used for thes
Slide 22: Investment Rationale
For personal use only Half-Year Investment Business Overview Strategy Appendices Performance Rationale
Slide 23: Investment Rationale
INVESTMENT RATIONALE Innovative For personal use only Environmental Visionary 1. Technology & 2. 3. Growth Potential 4. Benefits Leadership Niche Market Extending industrial Committed to Expanding beyond our Strategic vision centered component lifespan sustainability and national footprint.
Slide 24: Appendices
For personal use only Half-Year Investment Business Overview Strategy Appendices Performance Rationale
Slide 25: Performance Summary
PERFORMANCE SUMMARY 2H 1H Sales Revenue EBITDA NPBT Earnings Per Share Cash on Hand For personal use only $M $M $M Cents $M 21.7 20.0 5.6 3.6 2.5 5.3 17.3 5.3 3.5 3.1 2.0 1.6 12.9 3.3 1.7 8.9 1.7 20.3 21.0 5.7 5.8 18.7 4.6 4.2 2.7 1.8 4.9 4.2 11.8 13.4 3.1 3.4 3.3 1.7 1.9 2.2 1.2 1.6 1.5 1.3 0.9 FY2
Slide 26: Five Half Year Earnings
FIVE HALF YEAR EARNINGS A$000 1H21 1H22 1H23 1H24 1H25 For personal use only Sales Revenue 11,798 13,378 18,652 20,283 20,297 Gross profit 5,989 7,263 9,656 10,579 10,093 Operating Expenses (2,893) (3,895) (5,038) (6,602) (6,792) EDITDA 3,096 3,368 4,618 4,198 3,301 D&A (1,175) (1,287) (1,612) (1,70
Slide 27: Five Year Balance Sheet / Cash Flows
FIVE YEAR BALANCE SHEET / CASH FLOWS A$000 2021 2022 2023 2024 1H25 For personal use only Cash & Equivalents 4,907.9 5,683.8 8,929.2 5,759.1 4,192.1 Current assets 14,929.1 22,367.7 25,715.3 22,237.0 22,579.2 Non-current assets 14,601.8 23,455.8 26,117.2 38,429.0 37,840.2 Total assets 29,530.9 45,82
Slide 28: Disclaimer
DISCLAIMER No responsibility for contents of Investor Accuracy of projections and forecasts No offer to sell or invitation to buy Presentation For personal use only This Investor Presentation may include certain This Investor Presentation does not, and should To the maximum extent permitted by law,
Slide 29: Further Information
Further Information: Wayne Hooper For personal use only Chief Executive Officer Matthew Twist Chief Financial Officer and Company Secretary www.laserbond.com.au (02) 4631 4500