Lycopodium (LYL) AGM 2025 Presentation summary

Company overview and capabilities

• Leading global engineering and project delivery organization with over 1,300 staff and 30+ years of experience, operating across resources, industrial processes, energy, and infrastructure sectors.

• Core services span feasibility studies, engineering, project management, construction, and asset optimization, with a focus on continuous improvement and innovation.

• Diverse client base includes emerging, major, and globally diversified enterprises, with a strong track record of long-term partnerships.

• Global presence with more than 30 offices and a robust orderbook and opportunity pipeline.

Financial performance and position

• FY25 revenue reached $339.6 million, EBITDA $68.7 million, and NPAT $42.2 million, with a 12.4% NPAT margin.

• Return on equity was 30.4%, with equity up 18% year-over-year and strong operating cash flows.

• Minimal debt and $79 million cash at bank, with a fully-franked dividend of 35cps and EPS of 106.2cps.

• Net tangible assets per share at $3.63, and working capital consistent with prior periods.

Operational highlights and project portfolio

• Secured and advanced major projects in gold, copper, lithium, iron ore, uranium, and rare earths across Africa, Australia, and the Americas.

• Key milestones achieved on several gold projects, with first gold pours and ore stockpiling scheduled through 2025.

• Strategic project wins include FEED for Blackwater Expansion (Canada) and Kalgoorlie Nickel Project (Australia).

• Strengthened long-term partnerships in rail infrastructure and energy transition projects.