nal use only

FIRST HALF FY22

RESULTS

24 February 2022

0

FIRST HALF FY22 RESULTS*

only

Revenue

$123.5m

up from $84.2m

use

Operating Cashflow

nal

$23.4m

up from $14.4m

(before tax)

EBITDA

EBIT

NPAT

$22.5m

$4.6m

$2.9m

up from $17.9m

up from $2.3m

up from $0.4m

ROCE

Gearing

Interim Dividend

5.1%

25%

0.5¢

up from 2.8%

(net debt/equity)

* First Half FY22 compared to First Half FY21 pcp

Boom Logistics 1H FY22 Results 1

• usenal

SAFETY & ENVIRONMENT

  • Boom's safety performance is a key operational metric, with emphasis on planning and risk management, leadership and assurance
  • Continued focus on Safe Act Observations (SAO's) onlyand interactions with the workforce
  • Three year HSEQ Strategic Plan implemented with transition to new safety standard ISO 45001
  • Environmental and sustainability initiatives to reduce carbon footprint have progressed
  • COVIDSafe practices implemented, in line with government guidelines and protocols
    Safety of our customers and employees is our priority

as we continue our journey towards zero harm

COVIDSafe practices in place, as we continue our focus on

zero harm

SAOFRTRIFR

Safe Act Observation

Total Recordable Injury

Frequency Rate (SAOFR)

Frequency Rate (TRIFR)

Boom Logistics 1H FY22 Results 2

OPERATING RESULTS

  • 1H FY22 revenue increase of $39.3m from:
    • SCM21 Olympic Dam shutdown project
    • Bango wind farm construction work
    • Snowy 2.0 infrastructure project
    • Increased maintenance across mining sector only• Crane asset utilisation improvement
  • Direct costs impacted by:
    • COVID related state lockdowns / border restrictions
    • Increased maintenance, cross-hire equipment, external labour hire and mobilisation costs
    • Supply chain related costs and delays

use

1H FY22 Trading EBITDA

nal

$22.3m

up 26% on pcp

Boom Logistics 1H FY22 Results 3

BALANCE SHEET

• Gearing at 25% in line with guidance between 20%-35%, which allows capacity for growth

• Net Debt of $27.9m at 31st December 2021,

only

compared to $29.4m at 30th June 2021

Investment in new fleet for growth:

•

• Delivered BHP Olympic Dam shutdown 1H FY22

• Targeting new mining maintenance 2H FY22

• Travel towers for renewable and energy projects

• Rental assets on infrastructure and wind farms

use

ROCE*

nal

5.1%

up from 2.8% pcp

* Return On Capital Employed (ROCE) = EBIT divided by Total Capital Employed (annualised basis)

* Lease Liabilities include rented cranes, light commercial vehicles, transport and property leases

Boom Logistics 1H FY22 Results 4

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Boom Logistics Limited published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 07:31:01 UTC.