Myeco Group Ltd · ASX:MCO
Myeco — Shareholder Meeting (November 2021)
14 slides from Myeco's shareholder meeting presentation, Nov 30, 2021
Slide 1: AGM Presentation
AGM PRESENTATION 30 November 2021 ASX:SES SECOS GROUP LIMITED (ASX: SES) 1 AGM PRESENTATION – NOV 2021
Slide 2: Key Financial Indicators
KEY FINANCIAL INDICATORS REVENUE ($m) NET PROFIT BEFORE TAX ($m) NET ASSETS ($m) $35 $0.60 $35 $0.40 $0.54m $30 +145% $30 $30.08m +43% $0.20 +156% $29.20m $25 $0.00 $25 ($0.20) $20 $21.04m $20 ($0.40) $15 $15 ($0.60) $10 ($0.80) $10 $11.40m ($1.00) ($1.19m) $5 $5 ($1.20) $0 ($1.40) $0 FY20 FY21 FY20
Slide 3: FY21 Sales Highlights
FY21 SALES HIGHLIGHTS All biopolymer segments grow, with total annual growth of Sales by product group AU$ 126.6 % vs PCP, by segment: 35,000,000 30,000,000 • Increased demand for certified compostable bags growth of 25,000,000 259% vs PCP 20,000,000 Bio Film Bio Bags • Increased demand for certifie
Slide 4: SECOS is Building Capacity, Market Reach & Future Products
SECOS IS BUILDING CAPACITY, MARKET REACH & FUTURE PRODUCTS • Expansion of Malaysian assets is underway to cater for increased demand; first production has commenced Asset expansion • Launch of ‘own-brand’ products in Australia and USA underway, Brands: with initial orders secured Product range exten
Slide 5: Update on Expansion Activities Relating to Assets
UPDATE ON EXPANSION ACTIVITIES RELATING TO ASSETS China • Phase 1 expansion of compostable film and bagging lines was completed in Jan. ‘21. • Additional work underway to increase output on existing resin lines. • Supply of the MyEcoBag™ Courier Satchel for Officeworks launch in Australia. Malaysia
Slide 6: SECOS Group Value Chain – Supply to Converters or Other Brands
SECOS GROUP VALUE CHAIN – SUPPLY TO CONVERTERS OR OTHER BRANDS Cardia bags to Bio-based Councils, Bioresin Biofilm bags MyEcoBag for large retailers Resin Film Lucky Dog, Beco, Woolworths, converters Converters for Pogis; 7-Eleven, KFC, Councils Hygiene, Femcare Pizza Hut in Malaysia. Medical SECOS
Slide 7: SECOS Group Value Chain – Expand Own Brand Sales
SECOS GROUP VALUE CHAIN – EXPAND OWN BRAND SALES Branded sales via e- commerce Bio-based Bioresin Biofilm bags Branded Consumer sales to retailers markets SECOS Group is investing in USA & Aust. retail opportunities to develop its own branded sales: • Developing a new product range to be launched un
Slide 8: Markets Driving Growth – USA
MARKETS DRIVING GROWTH – USA Scale of USA supermarkets & pet chains is ~8-10 times Aust. in terms of USA Supermarket & Pet Store: Annual Sales & No. of Stores store numbers and total revenue. Early stage adoption of compostable products ie., dog poop bags & other 40000 741 800 compostable products.
Slide 9: Markets Driving Growth – Aust
MARKETS DRIVING GROWTH - AUST Aust. Supermarket & Pet Store: Annual Sales & No. of Growing Market Stores • Introduction of compostables & biobased products 4,500 100 underway. 4,000 90 90 80 3,500 70 • Sales of MyEcoBag™ to 220 Woolworths’ stores are 3,000 USD Bil 60 exceeding expectations. No. of S
Slide 10: Future Growth – Research & Development
FUTURE GROWTH- RESEARCH & DEVELOPMENT • SECOS has secured a lease property near Monash University to house the new Research & Development Centre for Excellence with respect to bioresin formulation development and different biofilm applications. • SECOS will install new specialised R & D equipment (c
Slide 11: Key Strengths & Highlights
KEY STRENGTHS & HIGHLIGHTS Integrated Biopolymer producer in fast growth Bioplastic sales growing at industry offering a material alternative to Developed a proprietary 126.6% pcp FY21 outstripping compostable resin formulation conventional plastics conventional plastic growth to run off the Group’s
Slide 12: Corporate Overview
CORPORATE OVERVIEW ASX Code: SES Substantial Shareholders Share Price (18 Nov 2021) $0.30 R&K Edwards Investments LLC 10.7% Market capitalisation @ 30 cents $160m Belgravia Strategic Equities 9.6% Shares on issue (listed) 535m Donald Haller Jr 8.5% Cash on hand (30 Sep 2021) $9.5m Top 20 61.4% Total
Slide 13: Forward-Looking Statements Disclaimer
FORWARD-LOOKING STATEMENTS DISCLAIMER This presentation contains “forward-looking statements.” Such forward-looking statements may include, without limitation: • estimates of future earnings; • estimates of future production and sales; • estimates of future cash costs; • estimates of future cash flo
Slide 14: SECOS GROUP LIMITED (ASX: SES) AGM PRESENTATION – NOV 2021
SECOS GROUP LIMITED (ASX: SES) 14 AGM PRESENTATION – NOV 2021