Alignment is at the core of the iWPaaS™ technology platform, as it provides the opportunity to not only create significant value by processing waste streams efficiently, but to share in the value creation, equitably. In addition to strategic alignment, the iWPaaS™ platform provides a genuine win-win outcome for both Parkway and our client, as the client retains most of the incremental value creation, as well as the ESG benefits.

 

INTRODUCTION

To improve project operations as well as overall client outcomes and be able to share in the resulting value creation, a robust technology portfolio and delivery capability is required. Through our iWPaaS™ technology platform, we leverage our innovative technology platform by implementing an innovative business model.

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OVERVIEW

The iWPaaS™ technology platform provides the opportunity to not only create significant value by processing waste streams efficiently, but to share in the value creation with our partners and clients.

 

Conventional Projects (Base Case) - Grey

  • Many industrial projects generate significant process and wastewater streams
  • These waste streams are costly to manage and often contain unrecovered products

The iWPaaS™ Opportunity - Blue

  • The iWPaaS™ technology platform provides the opportunity to create significant value by processing these waste streams efficiently, and thereby:
    • Increasing revenues as a result of recovering additional saleable products, and
    • Reducing operating costs by reducing wastewater disposal requirements

 

Value Creation Through iWPaaS™ - Purple

  • As the technology platform utilised to deliver an iWPaaS™ solution is proprietary, this enables Parkway with to capture a share of the significant value realised through the adoption of the iWPaaS™ technology platform.
  • The iWPaaS™ platform provides a genuine win-win outcome for both Parkway and the client, as the client retains most of the incremental value creation, as well as ESG benefits.
ADVANTAGES
  • An iWPaaS™ based solution developed by Parkway, covers the full project lifecycle, from project evaluation, process development, through to project delivery
  • Value creation is supported through access to process experts and a portfolio of patented proprietary technologies
  • The iWPaaS™ platform provides a genuine win-win outcome for both Parkway and the client, as the client retains most of the incremental value creation, as well as any ESG related benefits
  • Complete alignment with the client to develop and deliver an effective solution
CAPTURING VALUE

As outlined in the iWPaaS™ Opportunity illustration, given the technology platform utilised to deliver such a solution is proprietary, this enables Parkway with to capture a share of the significant value realised through the adoption of the iWPaaS™ technology platform. The share in value creation captured by way of a modest royalty, has the potential to compound over time, creating an attractive royalty portfolio.

Capturing Value Through iWPaaS™ Platform

  • Given the incremental capex required to adopt an iWPaaS™ based solution is relatively short (typically less than 3 years), and
  • The significant return on invested capital (ROIC), particularly for incremental capex, enables a modest royalty (5-20%) to be realised by Parkway, given the client is the major beneficiary of the incremental value creation.
  • The upfront and recurring royalties anticipated to be realised through the iWPaaS™ platform are highly value accretive to Parkway, particularly given significant investment by Parkway is unlikely to be required.
  • In summary, Parkway is leveraging the iWPaaS™ technology platform, in order to build a royalty portfolio.