Amg Critical Materials N.v. · EURONEXT:AMG

Amg Critical Materials — Q3 2021 Earnings Presentation

14 slides from Amg Critical Materials's earnings presentation, Oct 29, 2021

  1. Slide 1: Enabling the Circular Economy

    ENABLING THE CIRCULAR ECONOMY INVESTOR PRESENTATION | THIRD QUARTER 2021 AMG ADVANCED METALLURGICAL GROUP N.V.

  2. Slide 2: Cautionary Note

    CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Advanced Metallurgical Group N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any pu

  3. Slide 3: Financial Highlights

    FINANCIAL HIGHLIGHTS REVENUE (IN MILLIONS OF US DOLLARS) NET (LOSS) INCOME ATTRIBUTABLE TO SHAREHOLDERS (IN MILLIONS OF US DOLLARS) $298.4 $311.9 $5.1 $3.6 $253.5 $264.0 $197.7 ($2.8) ($0.6) 58% $12.2M YoY YoY ($12.8) Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q3 '21 EBITDA* (IN

  4. Slide 4: AMG Clean Energy Materials Financial Highlights

    AMG CLEAN ENERGY MATERIALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $105.3 20.6% $90.1 18.9% 17.9% $67.0 $70.6 Revenue 12.8% Gross $56.4 increased profit $18.0 87% vs. Q3 ‘20 8.5% $21.7 increased $12.6 and

  5. Slide 5: AMG Critical Minerals Financial Highlights

    AMG CRITICAL MINERALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $76.8 $79.4 21.0% $72.9 17.9% 17.4% $55.5 16.6% $52.2 13.7% Revenue increased Gross $6.6 $8.9 $9.0 $9.2 $6.5 52% vs. Q3 profit up ‘20 $13.1 $1

  6. Slide 6: AMG Critical Materials Technologies Financial Highlights

    AMG CRITICAL MATERIALS TECHNOLOGIES FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $131.0 $131.4 $127.2 $120.4 17.1% 16.0% 15.9% 14.7% $89.2 EBITDA 11.7% increased Gross $9.0 $9.6 by $4.2 $8.5 profit up $6.6 mil

  7. Slide 7: Key Corporate Income Statement Items

    KEY CORPORATE INCOME STATEMENT ITEMS SG&A EXPENSES (IN MILLIONS OF US DOLLARS) NET FINANCE COSTS (IN MILLIONS OF US DOLLARS) $33.1 $33.2 $33.8 $8.7 $29.6 $26.1 $10.1 $7.5 $9.6 $9.6 $8.2 Increase of $4.2 $7.2 Increase $6.6 $6.8 $6.6 million driven $5.3 $4.5 $4.9 $4.8 largely driven by $5.3 largely by

  8. Slide 8: Cash Flow and Working Capital

    CASH FLOW AND WORKING CAPITAL OPERATING CASH FLOW (IN MILLIONS OF US DOLLARS) NET DEBT (IN MILLIONS OF US DOLLARS) $23.0 $19.9 $317.2 $17.6 $287.9 $255.3 $265.3 $11.4 Cash from Decrease vs.YE operating activities $219.9 2020 mainly due is $60.6 million on to the issuance of a YTD basis, more shares

  9. Slide 9: Appendix

    APPENDIX

  10. Slide 10: Quarterly Revenue Drivers

    QUARTERLY REVENUE DRIVERS CLEAN ENERGY MATERIALS SEGMENT RESULTS KEY DRIVERS Q3 2021 Q3 2020 Price Volume Vanadium Revenue $105.3 $56.4 Spodumene Gross Profit * $21.7 $4.8 Tantalum CRITICAL MINERALS SEGMENT RESULTS KEY DRIVERS Q3 2021 Q3 2020 Price Volume Revenue $79.4 $52.2 Graphite Silicon Gross P

  11. Slide 11: Critical Materials — Average Quarterly Market Prices

    CRITICAL MATERIALS — AVERAGE QUARTERLY MARKET PRICES Q3 Q3 OCT 20, 2021 Q3 ‘21 VS. Q3 ‘20 SPOT VS. Q3 ‘21 MATERIALS 2020 2021 SPOT % CHANGE % CHANGE Ferrovanadium ($/lb) $9.89 $17.08 $15.23 73% (11%) CRU Molybdenum ($/lb) $7.71 $19.04 $19.35 147% 2% S&P Global Platts Nickel ($/MT) $14,210 $19,122 $2

  12. Slide 12: Critical Materials — Full Year and Current Spot Prices

    CRITICAL MATERIALS — FULL YEAR AND CURRENT SPOT PRICES AVG AVG OCT 20, 2021 AVG ‘20 VS. AVG SPOT VS. AVG MATERIALS 2019 2020 SPOT ‘19 % CHANGE ‘20 % CHANGE Ferrovanadium ($/lb) $21.95 $10.81 $15.23 (51%) 41% CRU Molybdenum ($/lb) $11.43 $8.67 $19.35 (24%) 123% S&P Global Platts Nickel ($/MT) $13,933

  13. Slide 13: Net Loss to EBITDA Reconciliation

    NET LOSS TO EBITDA RECONCILIATION (000’s USD) Q3 2021 Q3 2020 Net loss ($310) ($13,644) Income tax expense 9,904 32 Net finance cost (1) 7,543 5,431 Equity-settled share-based payment transactions (2) 1,015 3,212 Restructuring expense 261 528 Inventory cost adjustment – 4,867 Strategic project expen

  14. Slide 14: VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO &) VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO

    VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO &) VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO This announcement appears as a matter of record. AMG’s LAW: ia “Everything that = can be recycled will be recycled.” AMG ADVANCED METALLURGICAL GROUP N.V. amg-nv.com (—" CHROMIUM

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