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OM HOLDINGS LIMITED
Australia • China • Japan • Malaysia • Singapore • South Africa
May 2022 • AGM • ASX:OMH | Bursa:OMH (5298)
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DISCLAIMER
This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 ("OMH"). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider when making an investment decision. It should be read in conjunction with OMH's other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange which are available at www.asx.com.au.
This presentation contains "forward‐looking" statements within the meaning of securities laws of applicable jurisdictions. Forward‐looking statements can generally be identified by the use of forward‐looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "believe", "continue", "objectives", "outlook", "guidance" or other similar words, and include statements regarding certain plans, strategies and objectives of management and expected financial performance. These forward‐looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside the control of OMH, and its directors, officers, employees, agents or associates. Actual results, performance or achievements may vary materially from any projections and forward‐looking statements and the assumptions on which those statements are based. Readers are therefore cautioned not to place undue reliance on forward‐looking statements and OMH, other than required by law, assumes no obligation to update such information.
OMH makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions from, any information, statement or opinion contained in this presentation.
This presentation is for information purposes only and is not a financial product or investment advice or a recommendation to acquire (or refrain from selling) OMH shares. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. OMH is not licensed to provide financial product advice, either generally or in respect of OMH shares.
A MANGANESE & SILICON COMPANY
A manganese and silicon smelting company, with vertical exposure in mining and trading
Powered by sustainable hydro-power,pursuing
growth and natural diversification into new
commodities like silicon metal
Listed on both the ASX and Bursa Malaysia, we offer unique exposure to the niche manganese and silicon space essential to steel and the modern world
Lowest cost quartile smelter complex in Sarawak,
the largest of its kind in Asia (ex-China)
Operations in Australia, China, Japan, Malaysia, Singapore, and South Africa
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FY2021 FINANCIAL HIGHLIGHTS
Revenue | Loan Repayment* | Cashflow from Operations | ||
A$1.04b | A$51.1m | A$94.2m | ||
FY20 A$784.6m | FY20 A$33.2m | FY20 A$76.6m |
Adj. EBITDA | Profit att. To owners | Profit per share | ||
A$204.0m | A$81.9m | 11.11 cents | ||
FY20 $78.0m | FY20 A$5.4m | FY20 0.73 cents |
*Loan Repayment includes the repayment of project financing and trade financing
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GEARING RATIO LOWERED, POSITIVE CASH POSITION MAINTAINED
Pay down debt, and sustainable dividend
$800 | Total Debt | 4 | • | ||||||
Gearing Ratio | |||||||||
$600 | 3.05 | 3 | |||||||
A$ million | $400 | 1.77 | 2 | • | |||||
$200 | 1.14 | 0.93 | 0.89 | 1 | • | ||||
0.67 | |||||||||
$0 | 0 | ||||||||
FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | • | |||
Repaid ~A$25.8m to Sarawak project finance loan, redeemed ~A$14m convertible notes, among other repayments in FY2021
Gearing ratio of 0.67 times lowest yet since OM Sarawak
Majority of borrowings associated with OM Sarawak (Project Financing and raw material financing)
Dividend of A$0.02 per share declared*
Cash Flow Movements for FY2021 | Cash Generation |
$150 | • | |||||
A$ million | $100 | |||||
• | ||||||
$50 | • | |||||
$0 | • | |||||
FY2020 | Operating | Investing | Financing | FY2021 | ||
Cash Flow Activities
Recorded positive operating cash flow of A$94.2 million, lower than earnings due to increase in inventories
Minimal CAPEX in FY2021
Capital investment plans in FY2022 mainly related to furnace conversion, major maintenance, as well as sustaining capex
Recorded cash and cash equivalent of A$96.2 million in FY2021
*Exchange rate for dividends to Bursa Malaysia shareholders will be fixed on Record Date 8th Apr 2022
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OM Holdings Limited published this content on 19 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2022 09:31:00 UTC.