Delorean Corporation Market Update - FY24 Guidance
ASX Announcement
23rd July 2024
DELOREAN CORPORATION MARKET UPDATE - FY24 GUIDANCE
Delorean Corporation (ASX: DEL) (“the Company”) is pleased to provide an update on
preliminary unaudited results for FY24.
The Company expects to report for the year ending 30 June 2024, subject to audit:
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EBITDA of between $4.5m and $5.1m
Revenue for the year of between $27m and $28m (respective to the aforementioned
EBITDA range), and;
A record NPAT for the year
Cash at Bank as at 30 June 2024 of $8.8m
The Company’s strong financial results are primarily driven by the strong performance of the
Company’s divisions and Project delivery across the group. Audited results are expected to be
released on 30 September 2024.
DEL’s Managing Director, Joseph Oliver said: “Our projected results for the financial year highlight
the Company’s ongoing efforts to deliver on our core projects in a cost efficient and timely manner.
Our current projects continue to demonstrate strong performance and we look forward to
announcing audited results shortly.”
Authorised on behalf of the Delorean Corporation Board of Directors by Hamish Jolly,
Executive Chair.
For more information/interview please contact:
Joseph Oliver, Managing Director
Delorean Corporation Ltd
+61 (0) 8 6147 7575
info@deloreancorporation.com.au
Delorean Corporation Ltd | ACN 638 111 127
Deloreancorporation.com.au | Unit 1 Ground Floor, 1205 Hay Street WEST PERTH WA 6005 | PH: 08 6147 7575
About Delorean Corporation Limited
Delorean Corporation is a leading Australian bioenergy company. Delorean specialises in
the design, build, ownership, and management of bioenergy infrastructure. In addition to
bioenergy power and renewable gas generation, Delorean also operates in the energy
retail market. Delorean Corporation is a vertically integrated company positioned in two
high growth industries; renewable energy and waste management.
Delorean Corporation comprises an Engineering Division, Infrastructure Division, and Energy
Retail Division. Through these divisions Delorean Corporation has the inhouse capability to
deliver bioenergy projects across the full lifecycle, from project conception to completion,
processing organic waste, generating renewable energy, and monetising the sale of green
electricity, heat, and gas.
DEL’s projects produce renewable energy whilst reducing the volume of organic waste going to
landfill, utilising a model that generates multiple revenue streams.
Delorean Corporation Ltd | ACN 638 111 127
Deloreancorporation.com.au | Unit 1 Ground Floor, 1205 Hay Street WEST PERTH WA 6005 | PH: 08 6147 7575
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