Aquirian (AQN) Investor presentation summary

Strategic vision and growth pillars

• Focus on providing future-focused solutions and services to global mining customers, emphasizing scalable growth and mining efficiency.

• Business structured around Energetics, Technology & Products, and Resourcing & Support pillars.

• Accelerating product innovation and forging strategic partnerships to capture market opportunities.

Financial performance and targets

• FY24 revenue was $23.2M with EBITDA of $2.7M; H1 FY25 revenue at $13.3M and EBITDA at $1.2M.

• Cash and cash equivalents at $3.8M as of December 2024; net debt at $9.4M.

• Wubin acquisition targets $40–60M revenue and 12–16% EBITDA margin within three years of plant restart.

Capital structure and leadership

• 80.8M shares on issue, market capitalization of $24.6M, and enterprise value of $34.0M.

• Board and management hold 33% of shares, with top 20 holders owning 69%.

• Leadership team has extensive mining and explosives industry experience.