Innventure, Inc. · NASDAQ:INV
Innventure — Q3 2024 Earnings Presentation
19 slides from Innventure's earnings presentation, Nov 14, 2024
Slide 1: Third Quarter 2024 Earnings
Third Quarter 2024 Earnings November 14, 2024
Slide 2: Disclaimer: Cautionary Statement Regarding Forward-Looking Information
2 Disclaimer Cautionary Statement Regarding Forward-Looking Information This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are all statements other
Slide 3: Disclaimer
3 Disclaimer • the Innventure Companies’ ability to meet, and to continue to meet, applicable regulatory requirements for the use of their p roducts and the numerous regulatory requirements generally applicable to their products and facilities; • the outcome of any legal proceedings that may be inst
Slide 4: Disclaimer: Trademarks
4 Disclaimer Trademarks In addition to trademarks, service marks, trade names, copyrights and logos of Innventure and its subsidiaries contained herein, this presentation contains trademarks, service marks, trade names, copyrights and logos of other companies, which are the property of their respect
Slide 5: Company Overview
5 COMPANY OVERVIEW
Slide 6: Successful Track Record of Company Formation
6 Successful Track Record of Company Formation Innventure has launched three companies since inception 2015 2018 2022 Innventure (1) Company NASDAQ: PCT Polypropylene Liquids Packaging Thermal Management Technology Recycling Technology Technology Technology MNC Procter & Gamble Procter & Gamble Noki
Slide 7: Innventure – Achieving Our Core Mission
7 Innventure – Achieving Our Core Mission Key Risk Factors in Company Creation 1 Macro/Market Level 2 Technology Innventure’s business model was purpose-built to mitigate five 3 Adoption key risk factors historically inherent in high-growth venture creation 4 Funding 5 Operational Execution
Slide 8: The Closed Loop Model
8 The Closed Loop Model System designed to mitigate risks inherent in creating and growing high-growth, disruptive companies 1 Institutional 2 Access Advantage Data Set Institutional Data Set Access Access to technology that is available Deep MNC market knowledge related to Advantage only through MN
Slide 9: The Innventure Strike Zone
9 The Innventure Strike Zone 1 Unmet Customer Need 2 Proven Industrial Technology (1) Leverage MNC data and built-in Commercial-grade technology adoption to confirm market demand and solutions that enable significant, identify early customers, with a goal of additional quantifiable value mitigating
Slide 10: 3rd Quarter Update
10 3RD QUARTER UPDATE
Slide 11: Accelsius Update
11 Accelsius Update • Innventure maintains majority ownership in the business • ~55% as of November 14, 2024 • Currently delivering systems to the market • First delivery made in 3Q 2024 • Revenue generating within 30 months of founding • In discussion with many top players in the data center ecosys
Slide 12: AeroFlexx Update
12 AeroFlexx Update • Carried as equity-method investment • Innventure owns ~31% as of November 14, 2024 • Currently delivering product to the market and building demand pipeline • Expect products on the shelf in 2025 • Capacity to manufacture millions of packages on an annual basis • Executing on g
Slide 13: Pipeline of Multinational Corporation Relationships
13 (1) Pipeline of Multinational Corporation Relationships 2 Ongoing MNC Partners 7 MNCs Sharing Opportunities (2) Procter & Gamble • MNCs that have shared at least one opportunity with Innventure in the last 12 months • Corporations within large industries such as Energy, Industrials, Telecom and A
Slide 14: Financial Overview
14 FINANCIAL OVERVIEW
Slide 15: Financial Profile and Reporting Structure
15 Financial Profile and Reporting Structure • Plan to report revenue, Adjusted EBITDA and cash flow as companies scale • Accelsius financials are consolidated and reported through the income statement • AeroFlexx held as equity-method investment • Expect to see revenue growth in coming quarters • A
Slide 16: Capital Position
16 Capital Position • October 24, 2023 • Entered into conditional Standby Equity Purchase Agreement with Yorkville for up to $75 million • October 2, 2024 • Successful business combination close with approximately $11.3 million assets in trust • Entered agreement with certain investors for issuance
Slide 17: Innventure's Capital Allocation Strategy
17 Innventure’s Capital Allocation Strategy Compounding cash flows expand Innventure's value creation options Excess Free Cash Flow • Share repurchase • Accretive M&A Self Fund NewCo • As Innventure grows, NewCos will receive Disciplined Scale funding directly from • Paced investment inline Innventu
Slide 18: Q&A
18 Q&A
Slide 19: Innventure
Innventure Creating Companies to Transform Tomorrow