Lark Distilling : Half Year Results Investor Presentation
February 27, 2022 at 06:22 pm EST
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LARK DISTILLING CO
FY22 H1 INVESTOR BRIEFING
FEBRUARY 2022
FY22 H1 Key Highlights
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Net Sales
+78% YoY
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+130% YoY
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Normalised EBITDA
~$58m
Successful Capital Raise
Acquisition of Pontville Distillery & Estate
Whisky Bank of 1.8m Litres Increased by 483,000 Litres on settlement of Pontville (1st Feb 2022)
Strong Balance Sheet $56.2m Cash on Hand plus $10m Unused Debt Facility
1.
Founder and Ambassador
"Bill Lark is a legend of Australian distilling.The single malt whisky he produced in 1992 was the first spirit of its kind made on local shores for 154 years.Decades of success have followed, with a slew of trophies testament to his skill and vision."
Bill Lark
ex CEO Bellamy's Organic and Managing Director, LongTable Group
Director & Interim CEO and Managing Director
Laura McBain
ex CEO Treasury Wine Estates
Owner Seppeltsfield Winery
President and CEO St Michelle Wine Estates
Warren Randall Director
David Dearie Chairman
Our most valuable assets
Experienced Board and Executive team continue to drive the vision and strategic imperatives,
and have generated these growth results. onlyuse
personal2.
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ex City Beach 15+ years experience
Export Sales Director
Brent Tremain
ex CFO Accent Group & Shaver Shop +10 years CFO experience
Alex Aleksic
CFO
ex Merivale 25+ years experience
ex Kerry Ingredients ANZ 10+ years experience
ex Spirits Platform
25+ years experience in beverages industry
Head of
Hospitality
Domestic Sales Director (joined Jan 22)
Greig Ewen Head of Production
Dan Knight
Adam Trewin
ex YETI
10+ years experience
ex Pernod Ricard
10+ years experience
+15 years at Lark Distilling Co
15+ years distilling experience
Head of
Marketing
Clay Anderson Head of e-Commerce
Jason Whalley
Chris Thomson
Head Distiller
Executive Team
Our Executive Team is represented by subject matter experts within each respective function. Collectively the Board, Executive Team and all operational & functional team members are more than capable to deliver on our
onlyStrategy & Vision.
usepersonalIn addition, in the last three months we have implemented a new Sales structure, appointing 4 new roles with 40+ total years experience in alcoholic beverage sales, doubling the size of the Sales Team and bolstering key
states with strong resource. Continuing to support growth in e-Commerce we have recruited a new digital designer and appointed Process; Australia's leading Shopify agency for outstanding design.
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Continuing to build the whisky bank
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WHISKY UNDER MATURATION
AT 31 DEC 2021
1st FEB 22
POST ACQUISITION
1.3m litres
+250k litres in H1
1.8m litres
Est Net Sales
Est Net Sales
Value $290m
Value $397m
+23% in H1
+37%
4.
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Lark Distilling Co. Ltd. published this content on 27 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 February 2022 23:21:03 UTC.
Lark Distilling Co. Ltd is an Australia-based company, which is engaged in the production, marketing, selling and distribution of Australian craft spirits. The Company has three segments: whisky, gin and other. It offers about 51 Whisky products, such as Dark Lark Single Malt Whisky, Classic Cask, Boilermaker House Whisky Bar Limited Release, and Para 1992 Cask Finish with 100ml Tawny Liqueur, among others. It offers about eight Gin products, which include Forty Spotted Citrus & Pepperberry + Pinot Noir Gin, Forty Spotted Classic Gin & Raspberry + Rose, Forty Spotted Classic, Forty Spotted Tassie Bush Honey, Forty Spotted Wild Rose, Forty Spotted Citrus & Pepperberry, Forty Spotted Raspberry & Rose, and Forty Spotted Pinot Noir. It operates in Tasmania and Australia. It markets its products via traditional off-premise retailers and on-premises bars, and via its direct-to-consumer business, which is hospitality and online e-commerce. Its primary focus is Whisky and the Lark brand.
LARK DISTILLING CO. LTD. 
