The Environmental Group (EGL) Investor Presentation summary

Financial performance highlights

• FY25 revenue reached $111.9M, up 13.9% year-on-year, with NPAT of $4.7M, up 7.3%.

• Underlying EBITDA grew 9.9% to $11.1M, and underlying EBIT rose 7.8% to $8.1M.

• Recurring revenue accounted for $53M, representing 53% of total revenue and showing a 32.9% CAGR in recurring revenue.

• Strategic acquisitions, including Advanced Boilers & Combustion, contributed to growth.

• All CE & ISO certifications were maintained, and 381,000 hours were worked.

Business segments and operations

• EGL Energy provides 24/7 national service for boilers and gas-fired equipment, with 74% of earnings from service and maintenance.

• EGL Baltec supports the global gas turbine industry, focusing on peaking load turbines and innovative silencer designs.

• EGL Clean Air delivers industrial air pollution control systems, with technologies for emissions, particulate, and carbon capture.

• EGL Waste Services offers integrated solutions, including high-recovery recycling plants and waste-to-energy technologies.

Strategic initiatives and growth outlook

• Acquisition of Advanced Boilers & Combustion for $5.5M expanded industrial boiler market reach and fabrication capabilities.

• Recurring revenue streams are expected to continue growing as more plants become operational.

• Normalised EBITDA growth for FY26 is projected at 15-20% over FY25, with continued reinvestment in business expansion.

• Management focuses on organic growth and targeted acquisitions to build recurring revenue and expand margins.