Ann: PPK Half Year results, page-2

I think we are going to see PPK take off again soon. I have looked at this report and compared and the growth is amazing.

PPK offers a strong investment opportunity IMO, Craig International Ballistics (CIB) and PowerPlus Energy (PPE). With CIB’s possible revenue of $40–45 million in FY25 and PPE’s expansion in the energy storage market, bolstered by Australian government battery funding starting July 1, 2025, PPK is well-positioned for significant value creation.

CIB

• CIB could achieve $40–45 million in revenue for FY25, a substantial increase from $13.415 million in FY23, driven by a fivefold turnover surge in the first half of FY25 (ASX Release, 26 Feb 2025). This alone will get people talking!

• Major Contracts: A $30 million Australian Defence Force (ADF) contract for body armor, likely contributing $15–20 million in FY25, highlights strong demand

• Advanced Technology: The commissioning of a state-of-the-art hydraulic press—one of the largest in the Southern Hemisphere—and an autoclave boosts CIB’s capacity to produce advanced composite armor

• Market Position: As a key supplier to the ADF and police forces, CIB capitalizes on Australia’s emphasis on sovereign defense capabilities, supported by a robust order book .

• Financial Impact: With a historical EBITDA margin of 21.9% (FY23), CIB’s projected revenue could yield $8.76–$9.86 million in EBITDA, enhancing PPK’s financial performance

PPE

• Market Leadership: PPE, a 51%-owned subsidiary, is a leading Australian manufacturer of lithium ferro phosphate (LFP) battery storage systems, meeting rising demand for on-grid and off-grid energy solutions

• Product Innovation: The August 2024 launch of the Eco4847P battery, with 4.7kWh capacity, and the Whispr-7 hybrid system (7kW inverter, 13.4kWh storage) strengthen PPE’s residential and commercial offerings

• Market Opportunities: Clean Energy Council approval for the LiFe4838P battery unlocks on-grid solar market potential, aligning with Australia’s clean energy transition

• Revenue Contribution: PPE added $5.081 million to PPK’s FY23 revenue post-acquisition, and then $27.471 million in '24 with further growth expected as production scales and distribution expands

• Australian Battery Funding: From July 1, 2025, the Australian government’s Cheaper Home Batteries Program will provide a 30% discount on battery installations, reducing costs for households and businesses. PPE’s CEC-approved batteries, such as the Whispr-7 and LiFe4838P, are eligible, potentially boosting sales volume and market share as demand for affordable energy storage grows

• Revenue Growth: CIB’s $40–45 million possible revenue and PPE’s expanding sales, amplified by federal battery funding, drive PPK’s top-line growth.

• Market Trends: Strong defense demand (ADF contracts) and renewable energy growth (battery storage incentives) align with CIB and PPE’s strengths.

• Sovereign Capability: CIB and PPE support Australia’s self-reliance in defense and energy, positioning PPK for government-backed opportunities.

That is focusing on the current revenue making companies. Then add in LIS, WGL and BNNT. Can anyone say 60c+ undervalued?