SciDevL (SDV) AGM 2024 Presentation summary

Financial performance

• Revenue reached $109.2 million in FY24, marking a 22% increase year-on-year.

• EBITDA rose 117% to $8.8 million, with operating cash flow up 35% to $6.5 million.

• Net profit after tax improved to $2.2 million from a $0.1 million loss in FY23.

• Free cash flow before business acquisition was $3.3 million, and earnings per share rose to 1.15cps.

• Consistent year-on-year growth in revenue, EBITDA, and operating cash flow since FY22.

Segment and operational highlights

• Water Technologies business grew 88% in FY24, driven by domestic market penetration and higher contract values.

• Chemical Services segment achieved 11% revenue growth.

• Incorporated Nuoer SciDev JV in Singapore to expand MaxiFlox® chemistry in global mining.

• 55% increase in sales of CatChek™ technology in the US Oil & Gas market.

• Developed FluorofIX™ pilot plants in Europe and North America to showcase technology performance.

Strategic focus and growth drivers

• Emphasis on proprietary technology acceptance and disciplined capital management.

• Water growth supported by new projects and larger contracts, with investment in resources to sustain expansion.

• Diversified portfolio targets water treatment, specialty chemistries, PFAS remediation, and industrial water processes.

• Addressable markets include industrial, government, oil & gas, mining, and infrastructure sectors.

• Strategy centers on technology/R&D, operational excellence, capital management, and M&A.