EP&T Global : Half Year Results Investor Presentation

For personal use only

25 February 2022

Half Year Results Investor Presentation

EP&T Global Limited (ASX: EPX) is pleased to release the attached investor presentation for the Half year results to 31 December 2021.

This announcement has been authorised for release to the ASX by the Board of EPX.

EP&T Global Limited ACN - 645 144 314

Suite 2, 407 Pacific Highway, Artarmon NSW 2064

ersonal use only

Environment, Property & Technology

Delivering operational efficiency and significant energy savings in all forms of commercial real estate

Half-Year Results - December 2021

Important Notices

This presentation ("Presentation") has been prepared by EP&T Global Limited ("EP&T Global" or "Company"). You must read and accept the conditions in this notice before considering the information set out in or referred to in this Presentation. If you do not agree, accept or understand the terms on which this Presentation is supplied, or if you are subject to the laws of any jurisdiction in which it would be unlawful to receive this Presentation or which requires compliance with obligations that have not been complied with in respect of it, you must immediately return or destroy this Presentation and any other confidential information supplied to you by EP&T Global. By accepting this document, you acknowledge and agree to the conditions in this notice and agree that you irrevocably release EP&T Global from any claims you may have (presently or in the future) in connection with the provision or content of this Presentation.

NoOffer

This Presentation is not a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with ASIC) or any other law. This Presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction (and will not be lodged with the ASIC).

This Presentation does not constitute investment or financial product advice (nor tax, accounting or legal advice) or any recommendation to acquire shares of EP&T Global and does not and will not form any part of any contract for the acquisition of shares of EP&T Global.

Summary Information

This Presentation contains summary information about EP&T Global, its subsidiaries and their activities, including financial information which is current as at the date of this Presentation. The information in this

Prese	tation is of a general nature. Certain financial information has been presented in an abbreviated form insofar as it does not include all the presentation and disclosures, statements or comparative information as
required by the Australian Accounting Standards and other mandatory professional reporting requirements applicable to financial reports prepared in accordance with the Corporations Act. The summary information
provided in this Presentation is for illustrative purposes only and does not purport to be complete nor does it contain all the information which a prospective investor may require in evaluating a possible investment in
EP&T Global or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act. While EP&T Global has taken every effort to ensure the
accuracy of the material in the presentation, neither the Company nor its advisers have verified the accuracy or completeness of the information, or any statements and opinion contained in this Presentation.
onlyN tInvestment Advice
Each recipient of this Presentation should make its own enquiries and investigations regarding all information in this Presentation including but not limited to the assumptions, uncertainties and contingencies which
may affect future operations of EP&T Global and the impact that different future outcomes may have on EP&T Global.
use
This Presentation has been prepared without taking account of any person's individual investment objectives, financial situation or particular needs. Before making an investment decision, prospective investors should
consider the appropriateness of the information having regard to their own investment objectives, financial situation and needs and seek legal, accounting and taxation advice appropriate to their jurisdiction. EP&T
Global is not licensed to provide financial product advice in respect of EP&T Global shares.
Cooling off rights do not apply to the acquisition of EP&T Global shares.
Inve tment Risk
An investment in EP&T Global shares is subject to known and unknown risks, some of which are beyond the control of EP&T Global. EP&T Global does not guarantee any particular rate of return or the performance of EP&T
Global nor does it guarantee any particular tax treatment. An investment in EP&T Global should be considered as Highly Speculative and High Risk due to the start up nature of the Company and its proposed business.
FinancialData
All dollar values in this Presentation are in Australian dollars (A$ or AUD) unless otherwise stated. Unaudited financial data contained within this presentation may be subject to change.
Forward-LookingStatements
ersonal
This Presentation may contain forward looking statements. The Australian words 'anticipate', 'believe', 'expect', 'project', 'forecast', 'estimate', 'likely', 'intend', 'should', 'could', 'may', 'target', 'plan' and other similar expressions
re intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements are
subject to risk factors associated with the Company's business, many of which are beyond the control of the Company. It is believed that the expectations reflected in these statements are reasonable but they may be
ffected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially from those expressed or implied in such statements. There can be no assurance
th t	ctual outcomes will not differ materially from these statements. You should not place undue reliance on forward-looking statements and neither EP&T Global nor any of its directors, employees, advisers or agents
assume any obligation to update such information.
Disclaimer
No e of EP&T Global's respective advisers or any of their respective affiliates, related bodies corporate, directors, officers, partners, employees and agents, have authorised, permitted or caused the issue, submission,
dispatch or provision of this Presentation and, except to the extent referred to in this Presentation, none of them makes or purports to make any statement in this Presentation and there is no statement in this
Presentation which is based on any statement by any of them.
To the maximum extent permitted by law, EP&T Global and its respective advisers, affiliates, related bodies corporate, directors, officers, partners, employees and agents exclude and disclaim all liability, including
with	ut limitation for negligence or for any expenses, losses, damages or costs incurred by you as a result of your participation in an investment in EP&T Global and the information in this Presentation being inaccurate
or incomplete in any way for any reason, whether by negligence or otherwise. Statements made in this Presentation are made only as the date of this Presentation. The information in this Presentation remains subject to

change. The distribution of this Presentation (including an electronic copy) outside Australia may be restricted by law.

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Corporate Snapshot

ASX: EPX		Share price performance 2
Share price (24 February 2022)	A$0.07	0.30	4,000
0.25	3,500
only		3,000
	0.20
Fully Paid Ordinary Shares	240,799,500	2,500
		0.15	2,000
Options on issue	20,696,780	0.10	1,500
		1,000
		0.05
Undiluted Market Capitalisation	$16.9 million	500
		0.00	0

Cash (as at 31 December)		$9.0 million
Enterprise Value			$7.9 million	EPX volume (000's) (RHS)	EPX share price ($/share)
Share register1				Board and management
use	Founder				Chairman	Jonathan Sweeney
ersonal	Directors & Employees	21.8%	29.7%	Non-executive Director	John Balassis
	Perennial				Non-executive Director	Victor Van Bommel
				Founder and executive Director	Keith Gunaratne
	Other Institutions		31.2%	2.7%	Chief Executive Officer	Trent Knox
				14.6%
	Retail				Chief Financial Officer	Richard Pillinger
		Note 1 - Based on the most recent substantial shareholding notifications lodged with ASX	3
		Note 2 - Source: Iress 24 February 2022

Significant Valuation Gap to Peers

ASX Listed SaaS companies

	Company Name	Market Cap	Enterprise Value	FY22E Revenue Growth2	EV / FY22E Revenue
	EP&T Global Limited	$17m	$8m	36%1	1.1x1
	Nearmap Ltd	$574m	$472m	26%	3.3x
	Nitro Software Limited	$384m	$321m	37%	3.4x
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	Bigtincan Holdings Limited	$399m	$344m	144%	3.2x
	Elmo Software Limited	$347m	$379m	37%	4.0x
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	ReadyTech Holdings Limited	$337m	$365m	49%	4.9x
	Whispir Limited	$204m	$169m	44%	2.5x
	Limeade, Inc.	$86m	$51m	4%	0.7x
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	D mstra Holdings Limited	$65m	$70m	16%	2.2x
	Mean (ex EP&T)			45%	3.0x
	Median (ex EP&T)			37%	3.3x

Note 1	- EP&T FY22E Revenue growth and EV / Revenue multiple based on actual H1 FY22 ARR growth as there is no
publicly available statutory forecast revenue figure	4
Note 2	- Source: S&P Global Capital IQ 24 February 2022