Babylon Pump & Power Ltd · ASX:BPP
Babylon Pump & Power — Shareholder Meeting (November 2022)
20 slides from Babylon Pump & Power's shareholder meeting presentation, Nov 30, 2022
Slide 1: AGM Presentation: FY22 Year End Results and Growth Outlook
ASX:BPP AGM Presentation FY22 Year End Results and Growth Outlook 30 November 2022
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Babylon Pump & Power Limited (“Babylon”) (ASX: BPP) for information purposes only. This presentation is not a product disclosure statement or prospectus for the purposes of the Australian Corporations Act 2001 (Cth), nor does it
Slide 3: FY22 Achievements
FY22 Achievements Strong growth in Strengthened Board Strategic entry into the Rationalisation of lower revenue with debt with enhanced higher margin water margin segments reduction governance management segment • Continued revenue • Appointment of James • Successful acquisition of • Rationalisation
Slide 4: About Babylon Pump & Power Ltd
About Babylon Pump & Power Ltd Establishing a Rental of specialty water Recent, strategic addition portfolio of management equipment of water management services specialty, essential services highly- valued by major resources companies Environmental and Rental of specialty power industrial services
Slide 5: Financial Results
Financial Results EBITDA Revenue Key Takeaways -$1.1M $27.5M Babylon has grown revenue consistently at +95% p.a. since 2018 and is transitioning to +EBITDA driven by organic growth and targeted acquisitions (FY21: -$2.8M) +60% (FY21: $21.3M) +29% Total Revenue $30,000,000 OP. Cash Flow Cash $24,000,
Slide 6: BPP Group P&L
30 June 2022 30 June 2021 Statement of Profit and Loss $ $ Revenue from contracts with customers 27,517,238 21,331,973 Financial Results BPP Group P&L Other income 170,437 330,976 Raw materials, consumables and changes in inventory (19,905,670) (15,401,686) Employee benefits expense (6,839,673) (5,1
Slide 7: Poised for Growth
Financial Results Poised for Growth Earnings improvement across the Group • Group consolidated EBITDA improved 60% • Reorganisation of Prime Power QLD improved EBITDA 80% • Improved sales efforts and new management returned Ausblast EBITDA to positive • Cost controls of Corporate entity reduced cost
Slide 8: Mine Water Management
© BABYLON PUMP & POWER LTD Mine Water Management
Slide 9: An Escalating Issue
Water Management Water Abstraction in WA Mining Sector An Escalating Issue 654GL 773GL 1080GL • Global water and wastewater management market to 2016 2025 2050 the mining sector – incremental growth expected of $1.73B at a +6% CAGR from 2020 – 20241 • Virtually all mines experience “Mission Critical
Slide 10: Critical for Australian mines
Water Management Critical for Australian mines Committed and planned investment in WA Resources Australia hosts some of the world’s oldest and deepest mines. As mines deepen, issues typically become more complex (eg more water, Gold changing flow rates, increased discharge pressure requirements, Iro
Slide 11: Water Opportunities in the Mining Life Cycle
BABYLON ‘PUMP & POWER LTD Exploration Resource Assessment Data Loggi & Management Water Opportunities in the Mining Life Cycle Water Supply & Sourcing Ground Water (Aquifer) & Surface Water Water Stewardshi Water System Design/Engineering Pumps, Pipes & Water Management Equipment Water Storage Tanks
Slide 12: Strategic Acquisition
© BABYLON Strategic Acquisition
Slide 13: Resource Water Group Acquisition
Resource Water Group (RWG) Acquisition • Broadening Babylon’s solutions with increased offerings with test pumping capability • Test pumping is a critical early-stage service following completion of a bore to confirm project water supply • Early client engagement provides potential to vertically int
Slide 14: Business Outlook
© BABYLON PUMP & POWER LTD Business Outlook
Slide 15: Growth Outlook: Specialty Rental Water & Power
Growth Outlook • Growing rental revenue with improving margins • Growth in rental revenue driven by expansion of asset base and services Specialty Rental – to include test pumping Water & Power • Long-term contracts underpinning performance and providing earnings stability • Experienced operational
Slide 16: Growth Outlook: Environmental and Industrial Services
Growth Outlook • Environmental and industrial services subsidiary, Ausblast is contributing consistent and growing EBITDA. • Multiple long-term projects in near-term to deliver consistent asset utilisation and improving margins. Environmental and Industrial Services • Sales activities and increased
Slide 17: Growth Outlook: Services
Growth Outlook • Financial performance of QLD subsidiary PrimePower has improved with low margin activities discontinued. • A strong improvement in margins has delivered better results, with the Maintenance business returning to EBITDA profit for FY23 YTD. Services • Restructure of operations in Per
Slide 18: Delivering on increasing demand
New Facility Delivering on increasing demand • New Perth facility catering for increased demand • Provides efficiencies by having multiple business units located in the one facility, eliminating the need for multiple leases
Slide 19: Summary
Summary • Consistent YoY improvement in revenue, earnings, cashflow, and improved balance sheet • Recent strategic acquisition of Resource Water Group expands water management capability while increasing rental asset base • Strengthened board with improved independence and governance • Rationalisati
Slide 20: Contact Us
Contact Us Michael Shelby | Managing Director 74 Harrison Rd, Forrestfield WA 6058 +61 477 088 341 mshelby@babylonpumpandpower.com www.babylonpumpandpower.com
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