Synertec Corporation Limited · ASX:SOP
Synertec — Corporate Update (February 2025)
16 slides from Synertec's corporate update, Feb 28, 2025
Slide 1: Synertec FY25 1H Trading and Business Update
SYNERTEC FY25 1H TRADING AND BUSINESS UPDATE SYNERTEC CORPORATION LIMITED (ASX:SOP) YOU’RE INVITED TO SYNERTEC FY25 1H BUSINESS UPDATE (WEBINAR) Wednesday, March 5, 2025 11:00AM (AEST) Join us as our Leaders provide our investors with information and insights from our FY25 1H business update, releas
Slide 2: Synertec FY25 1H Trading and Business Update
SYNERTEC FY25 1H TRADING AND BUSINESS UPDATE SYNERTEC CORPORATION LIMITED (ASX:SOP)
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Synertec Corporation Limited (Synertec or the Company) on behalf Forward looking statements, forecasts and estimates, by their very nature, involve known and unknown risks of the Company and its subsidiaries (the Group). and are subject to uncertaint
Slide 4: About Synertec
About Synertec Synertec is a technology growth company: our Technology business has significant near-term growth potential with Powerhouse and our profitable Engineering business generates positive cashflow TECHNOLOGY ENGINEERING We design, develop and deliver Our multi-disciplinary expertise of tec
Slide 5: Highlights
Highlights GROUP REVENUE + OTHER INCOME NET CASH OPERATING TOTAL ASSETS CASH ON HAND Group Financial $17.5m $7.1m $9.1m $14.8m Performance $8.5m $5.3m -$1.2m -$2.9m 1H 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 POWERHOUSE POWERHOUSE ENGINEERING ENGINEERING RECORD REVENUE AVAILABILI
Slide 6: FY25 H1 Cash Flow
FY25 H1 Cash Flow 9.0 $3.5 COMPARATIVE CASH FLOWS PCP 8.0 -$0.8 $7.1 7.0 -$0.8 1H FY25 Operating cash burn of $1.2m $6.4 6.0 • Engineering +$2.5m -$0.5 -$0.3 • Technology -$1.9m 5.0 -$0.4 • Corporate -$1.9m $m 4.0 FINANCING ACTIVITIES - INVESTING OPERATING ACTIVITIES - $1.2m $2.7m ACTIVITIES Prior C
Slide 7: Engineering Solutions - Reframe
Engineering Solutions - Reframe • Strategic emphasis on quality of earnings • Right size and right skill engineering workforce • Adjustment of “go/no go” settings when evaluating opportunities • Higher “go/no go” hurdles for fixed price projects • Lower “go/no go” hurdles for hourly rate projects •
Slide 8: Engineering Solutions - Recurring 'Blue Chip' Customer Base
Engineering Solutions - Recurring ‘Blue Chip’ Customer Base Energy Water Critical Infrastructure SOUTHERN PROGRAM ALLIANCE (SPA) Advanced Manufacturing 7
Slide 9: Powerhouse
Powerhouse 8
Slide 10: Powerhouse: The renewable power trilemma solved
POWERHOUSE: The renewable power trilemma solved Powerhouse is live in-field delivering Affordability, Reliability and Sustainability in a 100% renewable stand alone microgrid system. POWERHOUSE COST ADVANTAGE Proven Core Advantages Exclusive Features ELIMINATE OVER 75 SITE VISITS P.A. Affordability
Slide 11: Powerhouse is Live in the Field
Powerhouse is Live in the Field Roma Area, Queensland, Australia Santos required renewable, controllable, continuous base load power on a cost-effective basis, to replace banks of gas and diesel generators as the current source of power. Synertec’s Powerhouse is a mission-critical solution Successfu
Slide 12: System Design Overview
System Design Overview SATELLITE Powerhouse Features Powerhouse is controlled and monitored from CLOUD Melbourne, where our AI algorithms combine future POWERHOUSE STAND ALONE GRID weather data and operational power demand for BA TT ER Y2 optimal performance. UP TO 100KMS AWAY • Stand alone grid for
Slide 13: Market Position
Market Position Powerhouse fits a large gap in the market to satisfy critical continuous industrial appplications Domestic Applications POWERHOUSE Large Grid Scale <50kW Up to 10MW 10MW + • Off the shelf systems • Modular, rapid deployment, portable solution • Utility scale renewables • Suitable for
Slide 14: Powerhouse Initial Applications - Queensland CSG & Cooper Basin Oil & Gas
Powerhouse Initial Applications − Queensland CSG & Cooper Basin Oil & Gas Queensland Gas Wells 11,616 1 CSG WELLS OTHER OPERATORS ORIGIN ENERGY IN PRODUCTION ARROW ENERGY 3402 OIL WELLS IN PRODUCTION SANTOS 22,000 WELLS BY 20501 SHELL 1 - Gasfields Commission, Shared Landscapes, Industry Trends Repo
Slide 15: Powerhouse Rollout Strategy
Powerhouse Rollout Strategy BATTERIES + HOUSINGS LOW COST REGION O RK RS FW ACTO R O NT ES AUSTRALIAN CO AG ASSEMBLY / UB K PAC CONTROLLERS TEST FACILITY #1 S TO SE N T SUPPLIER #1 SYNERTEC SUPPLIER #2 DELIVERY TEAM SUPPLIER #3 BUILD, OWN, CONSTRUCTION OPERATE AND QC QA INSPECTION SITE COMMISSION MA
Slide 16: Contact details
Michael Carroll Yash Gala Managing Director | CEO CFO M: +61 419 351 676 M: +61 409 388 430 E: michael.carroll@synertec.com.au E: yash.gala@synertec.com.au HEAD OFFICE Ground Floor, 2 - 6 Railway Parade, Camberwell, Victoria. 3124 Tel: +61 3 9274 3000 Online: www.synertec.com.au