Slide 1: 1H FY21 Results PowerPoint Presentation
ASX Announcement February 24, 2021 1H FY21 Results PowerPoint Presentation Sydney, Australia | February 24, 2021 – Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (“Calix” or “the Company) is pleased to provide the following PowerPoint presentation that accompanies the 1H
Slide 2: Calix FY21 Half Year Financials + Update
Calix FY21 Half Year Financials + Update February, 2021 Solving global challenges 1
Slide 3: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). INVESTMENT RISK An investment in Calix securities is subject to investment and other known and unknown risks, some of which are beyond the control of Calix, SUMMARY INFORMATION including possi
Slide 4: Mars is for quitters
We believe our responsibility starts at home. That’s why we’re driven to use our unique technology to repair, preserve and prevent future harm to it. Mars is for quitters Because there’s only one Earth, and it’s already ours. 3
Slide 5: FY21 Half Year Financial Results Highlights
FY21 Half Year Financial Results Highlights Solving global challenges 4
Slide 6: Summary of Results 1H FY21 – Continued Revenue Growth
Summary of Results 1H FY21 – Continued Revenue Growth SALES REVENUES AND PROJECT AND GRANT REVENUES CONTINUE GROWTH TRAJECTORY 18 114% 16 GROWTH to Key Take-aways… 16.4m 14 Strong growth in sales & total revenue 12 Gross profit & other income up strongly on growing 10 151% margins GROWTH to A$m 8 9.
Slide 7: Summary of Results 1H FY21 - Profit & Loss Highlights
Summary of Results 1H FY21 - Profit & Loss Highlights ACCELERATING SALES, GROWING OPERATING PROFIT AND RE-INVESTING FOR FUTURE GROWTH HY 20/21 HY 19/20 Comment ($000’s) ($000’s) Sales revenue 9,213 3,674 Up 151% Total revenue 16,271 7,612 Up 114% Gross Profit 9,905 4,850 Up 104% & Other income Sales
Slide 8: Summary of Results 1H 20/21– Balance Sheet highlights
Summary of Results 1H 20/21– Balance Sheet highlights GROWING OUR ASSET BASE, VERY LOW DEBT 31 Dec 2020 30 June 2020 Comment ($000’s) ($000’s) Through 2020, we survived COVID and Total Assets 36,155 42,762 maintained a solid balance sheet – without the need to raise capital to provide additional Tot
Slide 9: Summary of Results 1H 20/21 – Cash Flow Statement highlights
Summary of Results 1H 20/21 – Cash Flow Statement highlights CONTINUED UNDERLYING PRUDENT MANAGEMENT OF CASH HY 20/21 HY 19/20 Comment ($000’s) ($000’s) Operating Cashflows (3,638) 381 1H FY21 cash outflows associated with LEILAC work impacted Operating Payments to LEILAC partners (4,342) - Cashflow
Slide 10: Overview Of Calix
Overview Of Calix One technology providing breakthrough environmental solutions for multiple industries Solving global challenges 9
Slide 11: ESG: A strengthening investing theme
“Environment / Social / Governance” (ESG) A strengthening investing theme… GLOBAL ECONOMIES, COMPANIES AND INVESTMENT FUNDS ARE ALL HEADING IN ONE DIRECTION…. 50% of global GDP* Companies committed ESG Exchange Traded Funds USD 3 trillion per and carbon emissions currently to net-zero emissions doub
Slide 12: Climate change investing theme quote
“It’s not often an investing theme comes along that is both certain, and certainly huge, but we’ve got one right now. The theme is climate change, or more specifically, the transition to a zero-carbon world.” By Alan Kohler 13 Feb 2021 11
Slide 13: Multiple environmental business opportunities from one core technology
Calix Limited is developing multiple environmental business opportunities, all from the one core technology CO2 Advanced Sustainable Water Biotech Mitigation Batteries Processing • Water Treatment • Cement • Crop Protection • Advanced Cathode • Mineral and • Aquaculture • Lime • Marine Coatings & An
Slide 14: Calix's Core Technology
Calix’s Core Technology A PATENTED PLATFORM TECHNOLOGY WITH 3 KEY FEATURES CO2 capture A New Type of Kiln... When processing limestone, gas exhaust is pure CO2 The “Calix Flash Calciner” or CFC 27 patent families covering core technology and applications Renewable >$60m has been energy-ready investe
Slide 15: Water, CO2 Mitigation, Biotech, Batteries, Processing, Board, Share Price
Water CO2 Mitigation Biotech Advanced Batteries Sustainable Processing Board of Directors Share Price Performance and Equity Structure 14
Slide 16: Water
Water THE MOST USED SUBSTANCE ON EARTH Our Technology Key Milestones Targeted FY21 FY21 YTD Progress Safe, sustainable magnesium products for water Complete 3 US plant upgrades Completed treatment and aquaculture Complete 1 new US plant Underway – some COVID delays First EU paid trial underway Pursu
Slide 17: CO2 Mitigation
CO2 Mitigation CEMENT AND LIME – THE SECOND MOST USED SUBSTANCE ON EARTH Theoretically the lowest cost solution to CO2 Key Milestones Targeted FY21 FY21 YTD Progress mitigation for cement and lime Successful LEILAC-1 Test campaign EU Approval achieved – extended campaign concluded Key watch point CO
Slide 18: Biotech
Biotech MULTIPLE DISRUPTIVE OPPORTUNITIES FOR SAFER MATERIALS Calix “bio-active” materials … Key Milestones FY21 YTD Progress • Very high porosity, safe Targeted FY21 magnesium (and other metal) oxide crystals from Crop Protection – EU • Only 8T sold due to COVID impacting product launch in EU our C
Slide 19: Advanced Battery Materials
Advanced Battery Materials NEEDED FOR ELECTRIC VEHICLES AND BASE LOAD ENERGY STORAGE SYSTEMS Key Milestones Targeted FY21 FY21 YTD Progress Calix ‘BATMn’ technology… Complete and publish first half-cell results – Complete – very encouraging early prospective new materials and processes results • Con
Slide 20: Sustainable Processing
Sustainable Processing MULTIPLE OPPORTUNITIES IN ORE AND CHEMICAL PROCESSING Calix sustainable processing applications… Coy’s Scope Status Targeted Next Steps – FY21 Phase 1 Complete. Phase 2 underway • Many mineral and chemical processing “A” Refractories Project / License Agreement require “calcin
Slide 21: Our next 12 months' priorities
Our next 12 months’ priorities… REVENUES, MARGINS, PROJECT EXECUTION AND DEAL FLOW… CO2 Advanced Water Biotech Sustainable Processing Mitigation Batteries Revenue and Gross Cement and Lime Crop Protection Refractories Margin growth via… • Successful test • 2nd license agreement Successful full cell
Slide 22: Board of Directors
Board of Directors Peter Helen Fisher Jack Lance Phil Dr Mark Turnbull, AM Non-Executive Hamilton O’Neill Hodgson Sceats Non-Executive Director Non-Executive Non-Executive Managing Executive Chair Director Director Director & Chief Director And Executive Officer Chief Scientist Experienced Chair and
Slide 23: Listed on the ASX in July, 2018
Listed on the ASX in July, 2018 ASX:CXL Share Price Performance Since Listing As at 22 February 2021 Shares on issue ~148.9m Share price for IPO Capital Raise $0.53 per share Share price on IPO $0.62 per share Current Share price $1.90 per share S&P Market capitalisation ~$283m ASX200 Cash as at 31
Slide 24: Because there's only one Earth… Mars is for quitters
Because there’s only one Earth… …Mars is for quitters Phil Hodgson Darren Charles Simon Hinsley Managing Director & CEO CFO & Company Secretary Investor Relations phodgson@calix.global dcharles@calix.global simon@nwrcommunications.com.au +61 2 8199 7400 +61 2 8199 7400 +61 401 809 653 Follow us on T