Slide 1: FY24 Annual Results and Business Outlook
FY24 Annual Results and Business Outlook Investor Presentation | May 2025
Slide 2: New Executive Team and Direction
New Executive Team and Direction Chris Jepps | CEO The new team brings... (previously COO and Board member) Continuity: • Understanding of the business and Getech team Max Brouwers | CBDO • Extensive industry expertise • Successful track record (Chief Business Development Officer) A new “sustainable
Slide 3: 2024 Financial Overview
2024 Financial Overview Trading Strengthened Financial Base • Revenues increased to £4.7m (2023: £4.0m) 2024 16% growth y-o-y, driven by: • Completed £2m (annualised) cost-reduction • Strong contract renewals • Placing in August 2024 raised £1.7m • Increased service project revenues • Completed sale
Slide 4: 2024 Operational Overview
2024 Operational Overview Globe exploration Unconventionals New partnership Expert Services Strategic Innovation & platform Analyst agreements divisions Agreements enhanced IP Delivered robust Growing demand for Natural Hydrogen Busiest Q3 and Q4 East Star (Cu) IP built-up over contract renewals our
Slide 5: A Sustainable Business Strategy
A Sustainable Business Strategy New strategic positioning • The start to us resetting the business • Re-double our focus on our core markets: Oil & Gas and Mining • While maintaining interest in Natural Hydrogen by selecting only the highest quality opportunities. • Maintain strategic development of
Slide 6: Rebalancing our Finances
Rebalancing our Finances Rebalancing the Company’s finances has been our key priority • In 2024 we reduced the cost base of the business by c. £2 million (per annum) | related to H2 Green • But to achieve EBITDA positive by the end of FY 2025, further work was needed Costs: Q1 2025 we completed a fu
Slide 7: Getech Locates the Subsurface Resources Vital for Energy Projects
Getech Locates the Subsurface Resources Vital for Energy Projects Demand for all major fuels and energy technologies increased in 2024, led by natural gas and renewables. Oil and Critical Natural Geothermal Carbon & Energy Gas Minerals Hydrogen Heat & Power Storage Key to meeting global Growing dema
Slide 8: Delivered through Globe, our Digital Exploration Platform
Delivered through Globe, our Digital Exploration Platform Globe is Getech’s flagship geoscience exploration platform. It is a digital twin of Earth’s history, comprising 400 million years of geoscience data, underpinned by the world’s largest commercial collection of gravity & magnetics, and complem
Slide 9: We Help "Big Energy" Reduce Exploration Risk & Uncertainty
We Help “Big Energy” Reduce Exploration Risk & Uncertainty Globe is used to accelerate sub-surface exploration projects: Better Decisions Raw Data: Globe Gravity Supercomputer: Magnetic Plate modelling Software Geospatial AI / ML Geoscience Seismic Past climate analytics “GIS” Wells Satellite imager
Slide 10: Strategic Value Drivers
Strategic Value Drivers ARR growth & GIS sector revenue Unique IP & Natural Hydrogen ↑ subscriptions opportunity innovation project origination Ambition: ARR~Costs Market growing >15% pa Globe roadmap Nascent market Globe & s/w Strong GIS brand Next-gen. Multi-Sat Upside potential Existing/new clien
Slide 11: Getech's Natural Hydrogen High Growth Opportunity
Getech’s Natural Hydrogen High Growth Opportunity Getech is exceptionally well positioned to locate Natural Hydrogen - a subsurface resource which could be transformational for low-carbon: • Data: Unrivaled global G&M database, key for identifying Getech also - very selectively - originates its own
Slide 12: Natural Hydrogen Projects are Generating Value
Natural Hydrogen Projects are Generating Value Recent industry successes validate Getech’s project origination business model Serpentine secured 100 leases (c.20,000 acres) Hyterra holds c.52,000 net acres in Kansas (USA) across Kansas (USA) with resource potential Acreage has historic wells with
Slide 13: Confident Business Outlook
Confident Business Outlook First year of our new Exciting potential for “sustainable business strategy” high-value growth • New leadership has moved swiftly to remove an • Several large Globe platform oppos. in pipeline: additional £1 million cost (annualised) • Multi-year deals that could transform
Slide 14: Thank You
Thank You Q&A
Slide 15: Financial Information: YE 2024
Financial Information: YE 2024 Revenue (£m) £4.7m Revenue ↑ 16% 2023: £4.1m 6 5 4 (£0.6m) EIBITDA ↓ 2023: (£2.7m) 3 2 1 £2.9m ARR ↑ 2023: £2.8m 0 2020 2021 2022 2023 2024 £4.1m Order book 2023: £4.6m ARR (£m) 3.5 3 £0.9m Cash 2.5 2 1.5 1 0.5 0 2020 2021 2022 2023 2024