Nx Filtration N.v. · EURONEXT:NXFIL
Nx Filtration — Shareholder Meeting (April 2022)
21 slides from Nx Filtration's shareholder meeting presentation, Apr 5, 2022
Slide 1: Annual General Meeting of Shareholders
Annual General Meeting of Shareholders Euronext, Beursplein 5, Amsterdam 5 April 2022 1
Slide 2: Our team today
Our team today Carolina Wielinga Benno van Dongen John Glorie Chair Supervisory Board Member Supervisory Board Member Supervisory Board Michiel Staatsen Erik Roesink CEO Founder and CTO 2
Slide 3: Agenda
Agenda o 1. Opening o 2. Annual Report 2021 o (a) Report of the Management Board for the financial year 2021 o (b) Remuneration report for the financial year 2021 (advisory vote) o 3. Proposal to adopt the financial statements for the financial year 2021 (resolution) o 4. Discharge from liability o
Slide 4: Key highlights 2021
Key highlights 2021 AX filtration
Slide 5: 2021, a year of strong focus on ESG…
2021, a year of strong focus on ESG… o Green labelled IPO, o Alignment with UN Sustainable o Already strongly anticipating on EU Taxonomy externally certified by Development Goals (SDGs) requirements and European Green Deal CICERO Green o Central to our strategy is SDG 6 (clean o All dNF sales contr
Slide 6: …with measurable impact across our ESG framework
…with measurable impact across our ESG framework Clean water for all o Our 2021 membrane sales could enable the production of 121 billion liters of clean water1)… o …which is equivalent to the drinking water supply for 22 million persons during 1 year o In 2021, NX Filtration enabled clean water acr
Slide 7: Strong topline dynamics…
Strong topline dynamics… Total revenues (€ ‘000) o Total revenues grew 281% versus 2020, driven by increasing +281% number of pilot projects and full-scale projects that resulted from preceding pilot projects, as well as sales force expansion 4,069 to new countries (Canada, USA, India, Singapore and
Slide 8: …with rapid acceleration in H2 2021
…with rapid acceleration in H2 2021 Total revenues (€ ‘000) o H2 year-on-year total revenues grew 420% versus H2 2020 +420% o Acceleration of growth driven by: 2,789 − Conversion of pilot projects into full-scale projects 704 Other income − Repeat business from OEM customers − Expanding global sales
Slide 9: Increasing traction with global blue-chip customer base
Increasing traction with global blue-chip customer base Selected examples Research contract with PepsiCo Pilot project with Aigües Expansion of pilot testing Pilot project with Service de Repeat project with to investigate additional de Barcelona to treat program with Veolia for the l’Eau de Lausann
Slide 10: Expanding global footprint
Expanding global footprint Revenue of sale of goods by region Asia RoW 3% 8% North America 13% 2020: 2020 24% outside Europe 76% Europe RoW 6% Europe 34% 2021: 2021 66% outside Asia 42% Europe Countries with NX Filtration local sales force presence as per 31 Dec 2020 Additional countries with NX Fil
Slide 11: Strong tangible growth throughout the business development funnel
Strong tangible growth throughout the business development funnel Commercial roll-out model dNF Repeat Recurring projects replacements Pilots Demo plants Full-scale Replacements x3.0 x4.7 92 14 # of pilot 5 Demo plants # of full- and Of which scale demo 31 87 Pilots 8 repeat Full-scale projects proj
Slide 12: Increasing number of pilot projects based on expanding pilot fleet
Increasing number of pilot projects based on expanding pilot fleet Reaching the halfway point towards medium-term objective of 200 pilot systems Number of pilot projects o Pilots play an important role in NX Filtration’s commercial roll-out 55 strategy o Pilot projects comprise of small pilots (typi
Slide 13: Our capacity expansion is on track
Our capacity expansion is on track Major milestone with second membrane spinning line commissioned Second spinning line at current facilities Development of new plant o Second high-capacity spinning line for the production of o On track for realizing a new production facility, which, upon direct nan
Slide 14: Our membrane technology is already leading today…
Our membrane technology is already leading today… Global Water and Wastewater Treatment Membrane Market(1) Distinction Breakthrough Technology Company of the Year “NX Filtration’s membrane provides a step change “Climate change today leads to increasing water in water treatment, disrupting tradition
Slide 15: …with a strong focus on innovations for the future
…with a strong focus on innovations for the future Updates to patent portfolio during 2021: from 25 to 35 granted Launch of projection patents during 2021 and 2 new patent family applications tool 3.0 in H2 2021 Release of 3rd generation projection tool, allowing our Positively charged First 4 paten
Slide 16: Summary P&L
Summary P&L In € ‘000 2020 2021 o Total revenues grew 281% (420% in H2 y-o-y) driven by increasing number of full-scale dNF projects, start of Total revenues1) 1,069 4,069 HYDRAcap contract in January 2021 with gradual ramp-up during 2021, sales force expansion to new countries Clean Municipal Water
Slide 17: Balance sheet
Balance sheet In € ‘000 31 Dec 2020 31 Dec 2021 o Capex amounted to €8,616k and included investments in the ongoing capacity expansion (new production facility Non-current assets 6,631 18,043 for module production and expansion of the production facility for membrane production) and the expansion of
Slide 18: Outlook
Outlook o Further ramp-up pilot program, initiating new pilots across industries, applications and geographies. Ambition to grow number of pilots projects from 87 in 2021 (27 in 2020) to over 160 in 2022 Pilots o Further expansion of fleet of pilot systems from 85 at the end of 2021 to over 140 at t
Slide 19: Agenda
Agenda o 1. Opening o 2. Annual Report 2021 o (a) Report of the Management Board for the financial year 2021 o (b) Remuneration report for the financial year 2021 (advisory vote) o 3. Proposal to adopt the financial statements for the financial year 2021 (resolution) o 4. Discharge from liability o
Slide 20: Disclaimer
Disclaimer IMPORTANT: The information set out herein (the Information) does not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase securities of NX Filtration. The Information contains forward-looking statements. All state
Slide 21: filtration
OO Nx filtration