Verbrec Ltd · ASX:VBC
Verbrec — 13th Annual Australian Microcap Investment Conference (November 2024)
27 slides from Verbrec's conference presentation, Nov 19, 2024
Slide 1: Webinar Recording and Presentation
ASX Announcement 19 November 2024 Webinar Recording and Presentation Verbrec Limited (ASX : VBC) (Verbrec or the Company) is a leading engineering, asset management, project delivery, operations & maintenance, training and mining technology service provider that supports customers across Australia,
Slide 2: Verbrec: evolution engineered
OYverbrec evolution engineered
Slide 3: Disclaimer
Disclaimer This presentation contains certain statements and forecast provided by or on behalf of Verbrec Limited. Any forward-looking statements reflect various assumptions by or on behalf of Verbrec. Accordingly, these statements are subject to significant business, economic and For personal use o
Slide 4: About Verbrec
For personal use only 3 About Verbrec
Slide 5: Core and transition markets served
3 400 Team Members For personal use only CORE MARKETS ENERGY MINING INFRASTRUCTURE servicing 3 Australia TRANSITION MARKETS GAS MARKET SUSTAINABLE ELECTRIFICATION / ENERGY STORAGE New Zealand Papua New Guinea TRANSITION MINING Pacific Islands Through strong relationships built on 1 trust, Verbrec en
Slide 6: Verbrec's Partnership Model
Verbrec’s Partnership Model 5 Adding value to every stage in the lifecycle of an asset CONCEPT AND FEASIBILITY ENGINEERING CONTRUCTION OPERATIONS END OF LIFE For personal use only 1 2 3 4 5 EARLY VALUE-ADD CONSTRUCTION AND OPERATIONS & END OF LIFE & ENGAGEMENT ENGINEERING COMMISSIONING MAINTENANCE D
Slide 7: How We Create Value
HOW WE CREATE VALUE: FULL LIFE CYCLE SERVICES Providing services across the full life cycle of an asset, from concept to commissioning and beyond. For personal use only SUSTAINABLE FOCUS Enabling energy transition through capability driven engineering and training services, aligned with client and g
Slide 8: Our valued Relationship Clients
Our valued Relationship Clients For personal use only Infrastructure & Defence Mining & Minerals 20 KEY ACCOUNTS 43 MULTI-YEAR PANEL AGREEMENTS 14 Energy & Utilities Energy & Utilities MULTI-YEAR OPERATIONS CONTRACTS 7
Slide 9: Verbrec Financial Highlights
For personal use only Verbrec Financial Highlights 8
Slide 10: FY2024 Financial Commentary
FY2024 Financial Commentary Change Financial Highlights FY2024 FY2023 to PCP For personal use only ✓ Highest EBITDA and NPAT since FY2015. Revenue $93.4 m $109.9 m (15.1) % ✓ Highest profit margins since the merger of OSD and Gross Profit $33.4 m $26.9 m 24.2 % LogiCamms in 2019. Gross Margin 35.8 %
Slide 11: FY2024 Financial Highlights
FY2024 Financial Highlights Profit & Loss ^ Balance Sheet Cash Flows For personal use only REVENUE COST OF GROSS EBITDA NPBT TOTAL TOTAL OWNERS OPERATING CASH AT SALES PROFIT ASSETS LIABILITIES EQUITY CASH FLOW BANK 110.0 100.0 10.0 9.0 93.4 100.0 90.0 8.0 90.0 7.0 80.0 6.0 4.6 80.0 70.0 5.0 4.0 70.
Slide 12: FY2025 Outlook
FY2025 Outlook For personal use only The Company’s refreshed strategy is embedded and leaves Verbrec poised to move into a new growth phase. By FY2025 unweighted opportunity pipeline ^ executing on the new strategic direction, Verbrec expects $121 million (as at 22 August 2024) to increase revenue a
Slide 13: Strategy for Sustainable Growth
For personal use only Strategy for Sustainable Growth 12
Slide 14: Strategy
For personal use only Strategy RELATIONSHIP CLIENTS BEST PEOPLE, GREAT TEAMS BUILD CAPABILITY CLIENT DELIVERY Be the provider of choice for Growing a Culture around the Embracing new technologies Deliver on our promises, on our Chosen Clients best people and teams and skills critical to becoming tim
Slide 15: Growth
For personal use only Growth ORGANIC GROWTH GEOGRAPHIC EXPANSION ENERGY TRANSITION STACKSON Leveraging our capability and the Aligned with the current trend and StacksOn functionality continues to be Verbrec in FY2024 made progress in talent of our people, by focusing on the needs of our Relationshi
Slide 16: Sustainable Focus Areas
For personal use only Sustainable Focus Areas 15
Slide 17: Sustainable Focus Areas
For personal use only Sustainable Focus Areas ELECTRIFICATION & ENERGY GAS MARKET TRANSITION SUSTAINABLE MINING WATER SECURITY STORAGE • Addressing the need for gas firming • Verbrec assists and advises our • Verbrec provides our expertise and • Verbrec is guiding and delivering and renewables rich
Slide 18: The Evolving Energy Landscape Market Opportunity
The Evolving Energy Landscape Market Opportunity The Australian Energy Market Operator, in its 2024 Integrated System Plan predicts an annualised capital cost of all utility- scale generation, storage, forming and transmission infrastructure in the optimal development path has a present value For pe
Slide 19: Verbrec is already Capturing the Opportunity
Verbrec is already Capturing the Opportunity 17.9% Mining For personal use only Our awarded contracts are already moving into our Sustainable Focus Infrastructure & Areas Defence 59.7% 22.4% Energy, Manufacturing & Chemical Energy, Manufacturing & Chemical Mining Infrastructure & Defence 3.0% 17.7%
Slide 20: Verbrec Project Highlights
For personal use only Verbrec Project Highlights 19
Slide 21: Broadlands Biogas Upgrade Facility
First Renewables announced that the First For personal use only Renewables Biogas to Pipeline Upgrade Facility at Ecogas’ Organics processing facility in Reporoa, New Zealand is now in production. Broadlands Biogas Verbrec provided the front-end and detailed design engineering services for this land
Slide 22: First major long-term operations and maintenance contract in WA
Verbrec’s Operations & Maintenance business provides full life-cycle services for project delivery from inception through procurement, For personal use only construction and commissioning, specialising in First major long-term ongoing operations and maintenance of client assets and pipelines. Verbre
Slide 23: Australia's largest onshore gas pipeline FEED project
For personal use only Verbrec specialises in innovative engineering and project delivery solutions to clients – through our Australia’s largest technical specialities, including Automation & Control, Power, Process Plant and Pipelines. onshore gas Verbrec’s engineering team have been recently pipeli
Slide 24: Competency Training's growing international presence
For personal use only Competency Training provides a range of hazardous area, high voltage, electrical and renewable energy courses and qualifications to help clients, and their employees advance in the Competency mining, resources, oil, gas, construction and engineering industries. Training’s growi
Slide 25: Efficiency for BHP with StacksOn
StacksOn is the digital twin of choice for smarter For personal use only and more efficient stockyards. StacksOn is a digital twin for stockyards enabling on-spec product in challenging conditions, whilst increasing throughput and reducing downtime. Efficiency for BHP BHP Iron Ore are using StacksOn
Slide 26: Verbrec boosting performance at Paraburdoo
For personal use only Verbrec specialises in working with owners and operators to provide asset management solutions that increase efficiencies, reduce costs and improve productivity, unlocking higher value from client’s assets. Verbrec boosting Verbrec secured new projects, providing business perfo
Slide 27: Investor Relations & Media Enquiries
For personal use only Investor Relations & Media Enquiries Investor Relations & Media Enquiries Joel Voss Company Secretary Investors@verbrec.com Company Enquiries Mark Read Chief Executive Officer Mark.Read@verbrec.com 26
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