Mlg Oz Ltd · ASX:MLG
Mlg Oz — Shareholder Meeting (November 2025)
10 slides from Mlg Oz's shareholder meeting presentation, Nov 26, 2025
Slide 1: Annual General Meeting 2025
ANNUAL GENERAL MEETING 2025 For personal use only Acting Chief Executive Officer – Mark Hatfield November 2025
Slide 2: Continued Growth in Revenue
CONTINUED GROWTH Pro Forma1 Revenue IN REVENUE $540.4m $468.6m For personal use only 32.4% $375.2m CAGR $286.8m $254.0m $199.6m $205.1m $132.7m FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1. Pro Forma revenue offsets fuel tax credits and other income against costs of sales 22
Slide 3: FY2025 Financial Highlights
FY2025 FINANCIAL HIGHLIGHTS • Strong Revenue growth continues • Material improvement in margins, particularly in the second half For personal use only • Significant uplift in profitability • Strong cashflow, • Reduction in our debt leverage to 0.88x EBITDA • Additional fleet acquired with $56.9m in
Slide 4: Sustained Growth in Revenue and Margin
REVENUE $540.4m SUSTAINED GROWTH IN REVENUE AND MARGIN. ($474.8m FY24) 13.8% EBITDA $66.1m FY2025 EBITDA ($55.3m FY24) 19.5% EBIT For personal use only $23.4m $36.8m ($20.1m FY24) 15.9% 13.5% Margin %1 $66.1m NPAT $12.1m $29.3m ($11.0m FY24) 10.0% Margin %1 10.9% NTA/SHARE H1 FY25 H2 FY25 FY25 107.0
Slide 5: Reduction in Gearing Has Strengthened Balance Sheet
REDUCTION IN GEARING HAS STRENGTHENED BALANCE SHEET $75.0m 2.50 • $57.8m Net Debt 0.88x 2.00 Gearing Ratio $60.0m For personal use only • Higher Net debt in H1 reflects investment made in 1.50 anticipation of growth $45.0m • Gearing ratio continues to trend down 1.00 • Significant debt capacity in e
Slide 6: Revenue Is Primarily Driven from the Gold Sector
REVENUE IS PRIMARILY DRIVEN FROM THE GOLD SECTOR • Significant industry investment in processing capacity has exponentially increased the demand for haulage and site services • High gold price driving volume demand For personal use only • Higher barriers to entry as regulatory environment tightens •
Slide 7: Overall Scale and Maturity of Business Has Evolved
OVERALL SCALE AND MATURITY Over $500m in Revenue OF BUSINESS HAS EVOLVED. Over $200m in plant and equipment Servicing top tier Gold Producers For personal use only Modern technology platforms delivering comprehensive data analytics Strong cash generation Flexible debt structure (fixed rate equipment
Slide 8: Outlook Remains Strong with Continued High Customer Demand
OUTLOOK REMAINS STRONG WITH CONTINUED EXPECTATION OF HIGH LEVELS OF CUSTOMER DEMAND • Strong market momentum underpinned by recent contract wins with Rio Tinto, Fortescue and New Murchison Gold,. • Our focus is on the long-term sustainability of our profit margins and we For personal use only contin
Slide 9: MLG Has Established a Strategically Strong Market Position
MLG HAS ESTABLISHED A STRATEGICALLY STRONG MARKET POSITION For personal use only ~95% Expansion Large Revenue Tier 1 Unique History of Growing modern Gold Iron Offering Growth Margins Fleet Sector Ore FULLY INTEGRATED SERVICE OFFERING Mining, Haulage, Crushing and Screening, Site Services, Civil Con
Slide 10: Questions?
For personal use only 30 QUESTIONS?