Slide 1: FY21 Full Year Results
FY21 FULL YEAR RESULTS 26 August 2021 Boom Logistics FY21 Results
Slide 2: FY21 Full Year Results
FY21 FULL YEAR RESULTS Revenue EBITDA EBIT NPAT $173.3m $36.3m $4.5m $1.2m down from $185.5m up from $23.8m up from $(8.1)m up from $(17.0)m Operating Cashflow ROCE Gearing Final Dividend $25.9m 2.5% 26% 1.0¢ up from $24.3m up from (1.4)% up from 17% Total 1.5¢ for FY21 (before tax) (net debt/equity
Slide 3: Safety Always
SAFETY ALWAYS Lost Time Injury • Boom’s safety performance is a key operational metric, Frequency with emphasis on risk management, leadership and Rate (LTIFR) of assurance • Safety ‘reset’ undertaken during the year to increase Zero focus on safety management interactions • Lost Time Injury Frequen
Slide 4: Operating Results
OPERATING RESULTS • Return to profit with EBIT improvement from Year ended 30 June 2021 2020 Change tightened cost structure and refocus on quality #039;m #039;m % revenue in key markets Revenue from Services 173.3 185.5 -7% Other Income 0.0 0.0 • Lower revenue due to: less: Direct Expenses (113.1) (133.2
Slide 5: Balance Sheet
BALANCE SHEET As at 30 June 2021 2020 Change • Gearing at 26% in line with Board approved #039;m #039;m % range of between 20%-35% Cash 2.3 2.1 0.2 • Investment in new operating fleet to provide Trade and Other Receivables 42.9 34.6 8.3 capacity for growth in key markets in FY22: Other Assets 2.7 3.5 (0.8
Slide 6: Cash Flow
CASH FLOW Year ended 30 June 2021 2020 mvmt • Capital recycling improving asset utilisation as $m $m $m older and underutilised assets are sold EBITDA 36.3 23.8 12.5 • Working capital impacted with timing of new Movement in working capital and non-cash items (7.5) 4.8 (12.3) project revenues ($6.8m
Slide 7: Diversified Revenues & Growth Markets
DIVERSIFIED REVENUES & GROWTH MARKETS FY21 revenue by sector • Mining maintenance work consistent during year • Site restrictions & labour shortages - reduced shutdown volume • Strong growth expected with major shutdowns planned in 1H FY22 Mining & Resources 6% • Major works at Snowy 2.0, rail and b
Slide 8: Crane & Shutdown Services
CRANE & SHUTDOWN SERVICES Solid market for engineered FY21 overview specialised • Solid mining maintenance activity across all clients, although lifting, labour shutdown and project activity slightly reduced and shutdown • Major shutdowns completed at Boddington Gold (WA), services BMA and Curragh (
Slide 9: Projects
PROJECTS Infrastructure tender pipeline FY21 overview is strong over • Wind farm construction works at Moorabool South (VIC) successfully completed and commenced project at Bango the next five (NSW), using equipment hire and labour rate model for years core lifting services • Completed significant m
Slide 10: Travel Towers
TRAVEL TOWERS Demand for large travel FY21 overview towers in the • Major high-voltage transmission line project in the Pilbara (WA), utilising large size travel towers energy, telco and mining • Activity on electrical transmission and project work on wind sectors farms continued, connecting substat
Slide 11: Asset Management
ASSET MANAGEMENT Improving crane and travel tower utilisation FY21 overview • $14.7 million invested in new assets to secure new contracts and growth for FY22 • Total asset utilisation at 77%, up from 71% last year • Ongoing use of flexible asset rental model to maximise capability and capacity • Tr
Slide 12: Outlook
OUTLOOK Revenue forecast* Clear strategy to Improving return on circa $105m achieve sustainable capital and deliver in first half FY22 profitable growth shareholder returns EBITDA forecast* Targeting maintenance Capital recycling & circa $21m services with recurring flexible asset rental in first ha
Slide 13: Appendix
APPENDIX Boom Logistics FY21 Results 12
Slide 14: Our Business / Our Values
OUR BUSINESS / OUR VALUES Our Values 270+ cranes in all sizes Boom’s values differentiate our business. They guide decisions, our behaviours and the way we do business up to 750 tonnes to maximise returns for our shareholders. 14 depots across Australia 90+ travel towers in all sizes up to 70 metres
Slide 15: Mining & Resources sector
Mining & Resources sector Maintenance and Shutdowns • Provide lifting solutions, cranes and crews on 24/7 basis, travel towers, engineering services, supervision and project management on mine sites • Work includes shutdowns, major lifts to support bucket rebuilds, shovel replacements, conveyor belt
Slide 16: Infrastructure sector
Infrastructure sector Growth in construction work • Completed three level crossing removal projects in Melbourne • Commenced work on Snowy 2.0 project and Parramatta Light Rail • Completed Albion Park Rail Bypass, Martinus Rail and Armadale Rd Bridge projects • Strong tender pipeline on infrastructu
Slide 17: Energy sector
Energy sector Power Transmission Lines • Major new high voltage work progressing well in WA • Contracted to provide six travel towers and specialised labour for the completion of a 220kv transmission line running between mines in the Pilbara region • The project is anticipated to continue to the end
Slide 18: Wind Farm sector
Wind Farm sector Powering in Renewables • Boom provides installation, engineering and maintenance services on wind farms across Australia • Our maintenance activities include removal and replacement of gear boxes, generators and blades • Our construction package includes installation of towers, mech
Slide 19: Telecommunications sector
Telecommunications sector 5G & NBN Network Program • 5G network deployment is accelerating with Telstra, Optus and Vodafone • 5G currently being installed in major metropolitan areas and is being rolled-out into regional areas in 2022 • Major data network and NBN upgrades continue in the telecommuni
Slide 20: Disclaimer
DISCLAIMER This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the use of words such as