Slide 1: Preliminary Results IMC Presentation
Preliminary Results IMC Presentation. December 2022
Slide 2: Disclaimer
Disclaimer. Some statements contained in this presentation or in documents referred to in it are or may be forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Past performance of eEnergy Group plc or its shares is not a gu
Slide 3: Presentation team
Presentation team. Harvey Sinclair Crispin Goldsmith Chief Executive Officer Chief Financial Officer Harvey co-founded eLight in 2014 Crispin joined eEnergy in July 2020 and is now CEO of eEnergy Group. as Chief Strategy Officer, serving as He is a proven technology CFO since July 2022. Crispin has
Slide 4: A leading energy services company, empowering organisations to achieve Net Zero
• Strategically well positioned energy services business, formed following a successful two year buy-and-build strategy. • 20-year track record in energy management with diversified and recurring revenue streams from strong, contracted customer base of c. 2,000 A leading energy • Strong growth traje
Slide 5: Strong organic growth drivers
Strong organic growth drivers. Access. Measure. Reduce. Connect. Key growth drivers. Key growth drivers. Key growth drivers. Key growth drivers • Demand for lowest cost • Focus on energy • Focus on reducing • Onsite generation now clean Energy wastage energy demand 50% cheaper than grid • Demand for
Slide 6: Recent Key Milestones
Recent Key Milestones Acquisition Company integration & Masterbrand launch 17th Sept 1st Jul 2021 2022 Product launch Product launch 30th Mar 27th Sept 51% ownership 2022 85,5% ownership 2022 27th Sept 31st May 2021 2022 2021 2022 6 Preliminary Results Copyright © 2022 eEnergy – all rights reserved.
Slide 7: FY22 Results (unaudited). Group metrics
FY22 Results (unaudited). (to June 2022) Revenue Adjusted EBITDA(1) PBT (before Exceptionals2) £22.1 million +63% £3.0 million +264% £1.6 million FY21: £13.6 million FY21: £0.8 million FY21: £0.1 million Group metrics Contracted future revenues Net debt (incl. leases) Gross cash £25.3 million +384%
Slide 8: FY22 Net debt bridge
FY22 Net debt bridge Key drivers of £5.2m Net Debt deterioration in FY22: Net debt bridge June '21 to June '22 £m • £0.6m capex, principally internally developed technology platforms Net cash at 30 June 2021 0.8 • £0.8m eMeter stock investment 'Cash adjusted earnings' (0.5) • £3.4m delayed Energy Ma
Slide 9: Track record of strong organic growth amplified through strategic acquisitions
Track record of strong organic growth amplified through strategic acquisitions. 1 Note 1: currently contracted revenues only • Growth in Energy Management underpinned by low customer churn and strong customer proposition • Momentum in Energy Services fueled by: ‒ Enhanced customer economics as a res
Slide 10: Current Trading Highlights – Energy Management
Current Trading Highlights – Energy Management. • Consistent growth despite volatile markets ‒ Contracted future revenues (‘Forward Order Book’) of £25.4 million at 30 September 2022 ‒ 39% growth since 31 December 2021, 18% growth since 30 June 2022 • Strong and improving quality of earnings • Avera
Slide 11: Current Trading Highlights – Energy Services
Current Trading Highlights – Energy Services. • Strong momentum continuing with average quarterly TCV Sales of £4.6 million since January 2022 underpinning robust outlook ‒ TCV sales since January 77%+ up on same period last year ‒ Q1 (to September) sales of £4.1 million1 120%+ on same quarter last
Slide 12: Update on working capital initiatives
Update on working capital initiatives. • October represented another strong month in Energy Services with £3 million TCV signed in the month, further underpinning the revenue forecasts for Q2 and now into Q3 • Year to date trading to end October gives visibility on delivering H1 budgeted revenue and
Slide 13: New Strategic Investor and Director appointment
New Strategic Investor and Director appointment FFIH is an investment company owned by John Foley and his wife. John Foley will join as the Company's Non-Executive Chair, subject to regulatory approval. Highly successful track record with Plcs - CEO of MacLellan Group Plc, a UK facilities management
Slide 14: Summary Investment Case
Summary Investment Case. Strong market tailwinds. Integrated net zero proposition. Proprietary technology platform • Innovative, proprietary technology • Accelerating climate action and • Multi-product offer • Differentiated market-place regulatory pressures • Single brand leveraging 20 years platfo
Slide 15: Outlook
Outlook - This recent FY performance demonstrates we are at an inflection point in revenue and earnings as a result of the energy crisis and our expanded offering - We have seen a strong start to the year with Q1 £7.6 million revenue, up 90% on prior year - We continue to win large contacts: • In th
Slide 16: Our customers save money by
Our customers save money by: Using less. Using greener. Using smarter. 16 Preliminary Results Copyright © 2022 eEnergy – all rights reserved.
Slide 17: Thank you
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Slide 18: Appendices – eEnergy business model
Appendices – eEnergy business model 18 Preliminary Results Copyright © 2022 eEnergy – all rights reserved.
Slide 19: Illustrative Case Study: Potential economic value of delivering Net Zero
Illustrative Case Study: Potential economic value of delivering Net Zero Potential 10 year value to eEnergy Target Reduction in CO2 Zero Carbon Procurement £400K Technology Intelligent Smart Metering £260K enabled, transparent Pinpoint marketplace wastage and Light as a pricing identify Service £340
Slide 20: The LaaS Proposal
The LaaS Proposal 20 Preliminary Results Copyright © 2022 eEnergy – all rights reserved.
Slide 21: Illustrative portfolio savings
Illustrative portfolio savings CURRENT ANNUAL LIGHTING COSTS £175,190 YEAR 1 PROJECT SAVINGS £79,538 Aggregate YEAR 1 NET SAVINGS £35,166 savings over 19 sites 7 YEAR NET SAVINGS £326,421 10 YEAR NET SAVINGS £665,427 Original illustration: Agreed scope changes during implementation have increased sa