Evz Limited · ASX:EVZ
Evz — Investor Presentation (November 2022)
19 slides from Evz's investor presentation, Nov 18, 2022
Slide 1: EVZ Limited Annual General Meeting FY2022
EVZ LIMITED Annual General Meeting FY2022 18 November 2022 1
Slide 2: Chairman's Address
Chairman’s Address During the 2022 Financial Year the EVZ group posted a solid operating profit in changeable but improving operating and economic conditions. Importantly, all operations in Australia and South-East Asia contributed to the overall result. EVZ grew revenues by 17% to $67.5M and delive
Slide 3: Chairman's Address (cont)
Chairman’s Address (cont) Brockman continues to be a lead player in petrochemical and water tank construction, recurrent maintenance, and piping fabrication sector. Brockman is expecting to grow its revenue in the 2023 financial year as it works to deliver the significant backlog of contracted work
Slide 4: Chairman's Address (cont)
Chairman’s Address (cont) EVZ continues to safeguard our business against the growing inflation pressures we are seeing across the domestic economy. We manage cost price rises effectively by maintaining trade and material supply price coverage for 90% of contract expenses and consequently we have no
Slide 5: EVZ Limited CEO Business Update FY2022
EVZ LIMITED CEO Business Update FY2022 18 November 2022 5
Slide 6: EVZ is a leader in innovative engineering solutions
EVZ is a leader in innovative engineering solutions A leading provider of steel bulk The leader in syfonic roof Leaders in high quality, Technical and innovation storage tanks, pressure pipe stormwater drainage systems cost effective, water storage leaders in the power networks & maintenance in Aust
Slide 7: Health & Safety is a core cultural value
Health & Safety is a core cultural value SAFETY PERFORMANCE 2017 - 2022 o EVZ has a direct workforce of more than 14.00 400, primarily highly skilled engineers, 12.35 technicians, and tradespersons. 12.00 11.70 o Our Total Recordable Injury Frequency Rate (TRIFR) and Lost Time Injury Frequency Rate
Slide 8: FY22 Financial Highlights
FY22 Financial Highlights ANNUAL REVENUE REVENUE SECTOR o Strong revenue growth with FY22 revenue of 80 Millions $67.5M up +17% versus FY21. 70 o FY23 revenue expected to be +30% higher Building H2 Sector than FY22. 37% 60 Energy & o Solid underlying earnings: FY22 EBITDA of H2 Water Infra $3.15M. 6
Slide 9: FY22 Operational Performance
FY22 Operational Performance o Tendering activity increased significantly during FY22 as the first group of REVENUE DISTRIBUTION federal government BADSP grant supported construction contracts were awarded. Increasing capital investment in cleaner fuels and new energy TSFP 11% systems will give rise
Slide 10: Achieving Zero Debt
Achieving Zero Debt ASSETS vs DEBT INTEREST EXPENSE 35 600 Zero debt milestone achieved on 30 Millions Thousands o September 2022. 30 500 o Total Deferred Tax Assets available $3.9M, provided as $2.6M on balance 25 sheet and $1.3M off balance sheet. 4 00 20 o NTA increase to 14.2c/share. 300 o Net p
Slide 11: Record Backlog & Pipeline
Record Backlog & Pipeline REVENUE BACKLOG o Record revenue backlog of over $100M 120 providing strong revenue conversion in to Millions FY23 & FY24. 100 o Backlog increased $60M since June 2021 incorporating a $20M increase in FY22 revenue highlighting depth of customer 80 engagement. o Revenue back
Slide 12: Brockman: Case Study
Brockman: Case Study UNITED PETROLEUM HASTINGS TERMINAL EXPANSION Brockman Engineering provided innovative design and construction solutions to expand the United Petroleum Hastings Terminal augmenting increased fuel storage capacity providing operating efficiency improvements. 12 The terminal expans
Slide 13: Acquisition of Tank Industries
Acquisition of Tank Industries In October EVZ announced the acquisition of Tank Industries, expanding EVZ's presence and solutions across a range of water aligned industries. Tank Industries designs manufactures and installs steel bolted water storage tanks to order for the building, heavy industria
Slide 14: Syfon: Case Study
Syfon: Case Study TUN RAZAK EXCHANGE, KUALA LUMPUR Syfon is providing innovative stormwater management solutions to the Tun Razak Exchange (TRX) major development project in Kuala Lumpur, Malaysia. Syfon designed and constructed the rainwater catchment and drainage systems to protect the building as
Slide 15: Operational Outlook
Operational Outlook Positive momentum building in FY2023: o Cash receipts of $25M for the first quarter. o EVZ Limited completed the retirement of all debt, a significant milestone for the group. EVZ continues to attract and retain key staff: o Over 100 new hires in 2022. o All businesses appropriat
Slide 16: TSF Power: Case Study
TSF Power: Case Study GIPPSLAND WATER FACTORY TSF Power designed and constructed the extension to the waste gas standby power generation facility at the Gippsland Water Factory in Victoria. The new power generation system is supplied with biogas from the wastewater treatment facility to the incidenc
Slide 17: Investment Thesis
Investment Thesis Balance sheet strength Supportive macro Ability to execute Growth and scale environment o Improved capital o Strong pipeline of o Highly skilled work o Scale up strategy in position provides opportunities from force. the forefront of our flexibility and ability to increasing strate
Slide 18: Important Notice
Important Notice This presentation has been prepared by EVZ Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information cont
Slide 19: Slide 19