Slide 1: Investor Presentation April 2024
INVESTOR PRESENTATION April 2024 Issuer Free Writing Prospectus dated April 30 , 2024 Filed Pursuant to Rule 433 under the Securities Act of 1933, as amended Registration Statement No. 333 - 276830
Slide 2: Cautionary Statement Concerning Forward-Looking Statements
2 Cautionary Statement Concerning Forward - Looking Statements This document contains forward - looking statements. In addition, from time to time, we or our representatives may make forward - lo oking statements orally or in writing. We base these forward - looking statements on our expectations an
Slide 3: Statement About Free Writing Prospectus
3 Statement About Free Writing Prospectus This free writing prospectus relates to the proposed initial public offering of the shares of common stock of Fly - E Group, Inc . , which are being registered on a registration statement on Form S - 1 (File No .: 333 - 276830 ) (the “Registration Statement”
Slide 4: Table of Contents
4 Table of Contents Introduction Company Overview Market Data Financial Highlights 1 2 3 4
Slide 5: Proposed Offering
[PLACEHOLDER] 5 Proposed Offering Fly - E Group, Inc. (the “Company”) Issuer: Initial Public Offering Transaction Type: 3,000,000 Number of Share Offered: $ 4.00 - $5.00 Price Range: $ 13,500,000 Mid - point Base Offering Size: 15% Over - Allotment Option: 22,000,000 Pre - Offering Shares of Common
Slide 6: About Us
6 About Us • Fly E - Bik e designs, installs and retails electric bikes, motorcycles and scooters with a niche market focused on local, “last mile” delivery workers, primarily food or small packages, who need to travel within cities with no to limited delays • Bike components are manufactured in the
Slide 7: Investment Highlights
• Strong NYC presence – focus on expanding to other dense major metro areas along with longer - term plans to establish a presence in Europe and South America • Revenue of $24 million through FY24Q3 (+46 % vs the same period in FY23), attractive 39% gross margin , EBITDA & net profit positive with d
Slide 8: Fly E-Bike Team
8 FLY E - BIKE Team Andy Ou CEO Simon Zhang CHRO Steven Guo CFO Ricky Feng COO
Slide 9: Corporate Milestones
9 Corporate Milestones 2018 Realizing the forthcoming EV boom, founded Fly E - Bike to capitalize on an emerging industry Founded 2019 Fly E - Bike products (E - bikes, E - motorcycles, E - scooters) received VINs, leading to commencement of business Product Launch 2021 Launched online offering to c
Slide 10: Product Line – Expansive, Unmatched, and Branded
10 Product Line – Expansive, Unmatched, and Branded Fly E - Bike E - bike (21 Models) E - motorcycle (21 Models) Off Road (2 Models) E - scooter (34 Models) Street Legal (9 Models) Moped (8 Models) 20+ models offered • Meet the needs of various types of consumers • Innovate & develop new products to
Slide 11: Fly E-Bike – Tailored For Urban Delivery
11 Fly E - Bike – Tailored For Urban Delivery Fly E - Bike APP (Development Stage) – Achieve Smart Status B2 level : real - time display of vehicle and environmental information Intelligent Upgrade App ECU Central Control Dashboard Traditional E - bike Cloud Fly E - Bike Differentiation • Battery –
Slide 12: Product Safety
12 Product Safety UL Certification Handshake Protocol By incorporating a secure charging and discharging protocol, with UL safety certification, a charger/battery match is ensured before charging or discharging. The process effectively prevents unauthorized chargers from accessing the battery for sa
Slide 13: E-bike VS Traditional Bike
13 E - bike VS Traditional Bike Traditional Bicycles Electric Bikes 6 - 12 mph Up to 23 mph Speed Pedaling Only Dual Mode: Motor + Pedal Riding Mode Low – longer time for the same distance High – longer distance in shorter time Efficiency Location functionality not standard Easily locate bike with t
Slide 14: Technology – Designing Customized APP
14 Technology – Designing Customized APP (Development Stage) Cycling Statistics Navigation Store Location HID Unlocking Bike Control Route History
Slide 15: Technology – Designing Customized APP
15 Technology – Designing Customized APP Charge Station Locator (Developing) Battery Management System Customer Support Bike Inspection
Slide 16: Customer Profile and Growth Plan
16 Customer Profile Growth Plan • NYC Food delivery drivers comprise 70% of our customer base in FY 2023 ⎼ Frequent, repeat purchases given estimated 1 - year useful battery life of e - bikes • Recurring maintenance, repair needs yield high margin, incremental cash flow that increases as in - servic
Slide 17: Sales Strategy
17 Sales Strategy 39 Physical Locations 80 Distributors 500+ Customers Engaged Everyday We provide both online and offline services to let our customers enjoy both the satisfaction of shopping in store as well as the convenience of purchasing online. On top of selling e - bikes, our stores also prov
Slide 18: Financial Highlights
18 Financial Highlights • Strong financial growth profile • 46% revenue growth through FY24Q3 vs the same period in FY23 while maintaining cost discipline, profitability during early - stage growth, store expansion period • Highly attractive free cash flow profile underpinned by capital - lite busin
Slide 19: Summary
• Large secular growth opportunity • Revenue of $24 million through FY24Q3 (+46%) , attractive gross margins (39%), EBITDA & net profit positive ; de minimis debt • Seeking equity capital for growth 19 Summary
Slide 20: Thank You!
Investor & Media Relations: ir@flyebike.com Media Inquiries: Core IR pr@coreir.com Thank You!